2018 has seen a huge surge in the popularity of cryptocurrency. Led by the price surge at the end of 2017 and the start of 2018, cryptocurrency has become more popular than ever. Granted, at the minute investment may be a little quiet, however the name of Bitcoin and many other cryptocurrencies now features within mainstream news. Bitcoin is certainly a topic of discussion and is now a cultural icon understood by many people, young and old, the tech savvy and the technophobic.
Here’s what happened this week in Bitcoin in 99 seconds. Coinbase announced the doubling of its February staff count, to 500 permanent members. Coinbase CEO, Brian Armstrong, predicted 1 billion crypto users within 5 years. The SEC suspended the Swedish Bitcoin and Ethereum ETFs within America known as “Bitcoin or Ethereum Tracker One”. On […]
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The unfortunate side effect of making specific predictions about future events is that you eventually have to measure your claims against reality. For cryptocurrency bulls who made 2018 price targets in December and early January, that reckoning is rapidly approaching, and one such price prediction has been making the rounds on social media this week.
The post Throwback Thursday: ConsenSys Exec. Predicted Ethereum Price Would Hit $ 2,000 in 2018 appeared first on CCN
Here’s what happened this week in Bitcoin in 99 seconds. News came out earlier this week that investment bank Goldman Sachs was cancelling its plans for a Bitcoin trading desk. However, Goldman Sachs refuted the report, calling it “fake news.” Some Bitcoiners have accused the journalists behind the piece of market manipulation. Russian police […]
On September 10, Bitcoin experienced an unforeseen spike in its price, rising from $ 6,190 to $ 6,450. Yet, the rest of the market has struggled to recover, demonstrating slow movements. On August 15, the cryptocurrency market reached its lowest point in the year at $ 191 billion. Over the past 24 hours, the valuation of the market
The post Bitcoin Price Stable at $ 6,300 But Crypto Market en Route to 2018 Low appeared first on CCN
San Fransico-based cryptocurrency exchange Coinbase has reportedly doubled its staff from 250 to 500 since setting the goal earlier this year. According to a report by Business Insider that cites a company spokesperson, Coinbase has added the staff members quicker than anticipated, despite a massive on-going bear market that has significantly hurt trading volume. Coinbase’s growth comes […]
If you’re looking for the best Bitcoin wallet, you want the safest option available. Ideally, that means a hardware wallet, or software at a push. We’ll ignore web and mobile wallets for now, as they’re just too vulnerable to hacking.
Here’s our list of the best six:
Although it’s half the price of other hardware wallets, BitBox is just as safe. Made of bulletproof material, it is basically a dongle.
IOTA is one of the most solid platform with over $ 1 billion in market cap. For IOTA investors and users, finding a secure wallet is by far the most important thing. If you happen to stumble upon a fraudulent site or wallet, you may lose your IOTA in the blink of an eye. The following list of top iota wallets is ranked in terms of current popularity.
Every time the Bitcoin price goes up in a spectacular fashion, altcoins are usually to follow suit. Some currencies tend to show a lot more positive momentum than others in this regard. The following tokens, ranked by lowest to highest overall gains over Bitcoin at this time, show interesting things can happen over the next few days.
It has been a rather interesting year for the Nano cryptocurrency. Especially due to its involvement in Venezuela’s economy as of late, it has become apparent Nano may be a far more interesting cryptocurrency for countries where financial hardship has become the new normal. Whether or not this is effectively attributing to Nano’s price development over Bitcoin – a 10.92% gain – remains to be seen, though.
Throughout the past year, Coins, the biggest crypto exchange and brokerage in Southeast Asia, has more than tripled its user base from 1.5 million to more than 5 million users, adding 4 million users during a market correction. In June, CCN reported that Coins became the first cryptocurrency startup in the Philippines and all of
The post Scaling Adoption: Southeast Asia’s Biggest Crypto Exchange Adds 4 Million Users in 2018 appeared first on CCN
Cloud mining is the easiest way for newbies to get into cryptocurrency mining, without having to purchase any of the expensive equipment or deal with the high associated costs, from the likes of energy bills etc. As you know, mining profitability for the likes of Bitcoin is down at the moment, through with this in mind, it’s still clear the cloud mining is a services that is very much sought after.
Tech Radar have carried out some extensive research that discusses the top cloud mining providers of this year, Tech Radar state:
Here’s what happened this week in Bitcoin in 99 seconds. Bitcoin’s hashrate jumped by as much as 35% over the past week reaching an all-time high of 61 exahash. Some speculated that new ASIC manufacturers are powering up their new hardware. The nation of Iran unveiled its plan for a national cryptocurrency, designed to […]
Fundstrat’s Tom Lee, a Bitcoin permabull known for his optimistic price targets for the dominant cryptocurrency, has said that Bitcoin will likely end the year explosively higher possibly at $ 20,000. In an interview with CNBC, Lee stated that over the past year, Bitcoin, which has failed to show a correlation with the broader financial market
The post Tom Lee: Bitcoin to Hit $ 20k in 2018 Despite Struggle of Emerging Markets appeared first on CCN
Although Bitcoin price and virtually all altcoins dropped during the course of 2018, an optimistic review coming from SFOX, a cryptocurrency prime dealer for large-scale investors, reveals that the market also became more stable this year, after Wall Street companies joined the game.
Price fluctuations raise questions and fears, and when large amounts of money are involved, skepticism is probably the safest position. The value of Bitcoin 00 used to record oscillations of more than 10% in the course of a week before this year. Furthermore, the price of some coins used to vary by more than 4.5% across exchanges.
The entire blockchain industry is abuzz with distributed applications. Various networks are competing for traction when it comes to dApps, with EOS slowly making a name for itself as of right now. The following dApps are sorted by their current popularity, although these rankings are bound to shift sooner or later.
It is not surprising to see token exchanges drive overall adoption of distributed applications on any blockchain. In the case of EOS, DeltaDex is one of the few decentralized exchanges available on the platform today. It offers some interesting trading pairs, even though its number of users per 24 hours is still relatively low. This is despite the 24-hour volume surpassing 3,639 EOS for the first time in history.
Detected instances of cryptojacking – the unauthorized commandeering of computer resources to mine cryptocurrencies – went up nearly 1000% in the first six months of 2018. This is one of the insights presented in the Trend Micro midyear roundup report titled “Unseen Threats, Imminent Losses”. “Noticeable Shift” Released on August 28, the report states that … Continued
The post Crypto Mining Attacks Up Nearly 1000% in First Half of 2018 appeared first on CCN
IOTA is a crypto coin, established in 2015 and designed for the Internet of Things (IOT). There are many examples of IOT on the market, with the most common being the Amazon Echo. IOT differs from Bitcoin and Ethereum by using Tangle instead of Blockchain and doesn’t face any scalability issues due to its high transaction speeds which increase as the number of IOTA users increases.
The industry surrounding the IOT is expected to grow hugely in years to come due to technology advancements and a growing desire for internet connected devices.
Ethereum focuses on blockchain technology, and is an open source public software system. Not only does it provide the fundamental blockchain technology, it also acts as a cryptocurrency which can be transferred between accounts. This brief guide looks at how Ethereum has made it to 2018, looking at key dates along its timeline.
It was back in 2013 that Vitalik Buterin first described the concept for Ethereum. He was previously a programmer who had worked on Bitcoin, had seen the advantages and disadvantages of the system and strove to make a similar blockchain system with improvements.
Here’s what happened this week in Bitcoin in 99 seconds. Venezuela’s president Nicolas Maduro announced a desperate new action to control its hyperinflation. The government will devalue the Bolivar by 95% and peg its value to that of Venezuela’s new government cryptocurrency. This crypto, known as the Petro, is linked to the oil price. […]