In what may turn out to be a late April Fools joke, Tesla and SpaceX CEO Elon Musk finally revealed his favorite cryptocurrency, and no, it’s not Bitcoin (BTC). Musk’s current favorite is apparently Dogecoin (DOGE), the popular meme-based cryptocurrency that is currently valued at more than $ 317 million. This revelation came after Dogecoin published a tweet […]
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Bitcoin Private (BTCP) Calls Out HitBTC for ‘Unjustifiable’ Delisting
In a Saturday tweet linking to a legal notice sent to HitBTC on February 26, the Bitcoin Private (BTCP) team revealed that they paid an astonishing $ 500,000 to earn a listing on HitBTC, just to be delisted less than a year later. Dear #BTCP community – please read the legal letter below, that uncovers @hitbtc and […]
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Stanford Student Calls Out Crypto Professor for Inaccurate Bitcoin Lecture
In January of 2019, student Conner Brown attended a guest lecture by a Professor Susan Athey at the University of Stanford Graduate School. She gave a presentation to his “Evolution of Finance” class titled “Blockchain and the Future of Finance.” According to Brown, the presentation contained “multiple misstatements” about Bitcoin and its fundamentals.
After the presentation, Brown was dissatisfied with how Bitcoin was referenced by Athey during the lecture to a room comprised (mostly) of people who were unfamiliar with the fundamental concepts behind the technology. This prompted him to write an email to the Stanford Graduate School Board, expressing his concerns.
Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar
On Feb. 8, the chief executive of Nchain, Craig Wright, wrote a blog post that purportedly described his experience of creating Bitcoin. Wright’s essay states “I was Satoshi” but throughout the story, he refuses to reveal his keys. It’s not the first time Wright has claimed to be Satoshi, but in the comment section of his blog post, another character calls him a “liar” and claims that he is in fact the real Satoshi Nakamoto.
Also Read: Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency
JPMorgan Calls Crypto Unproven, Sets $1,260 Bitcoin (BTC) Price Target
JPMorgan (JPM) is reportedly highly skeptical of the digital asset class, calling into question the value of cryptocurrencies unless the world entered into a state of ‘dystopia’ where investors have lost all faith in gold, the dollar and other major reserve assets. According to a recent article by Reuters that cites a report published Thursday […]
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Netflix (NFLX) Slams HBO, Calls Fortnite Bigger Competition
Netflix (NFLX) released its Q4 earnings on Thursday, revealing that its video streaming service now accounts for roughly 10% of all TV screen time in the United States. Despite this incredible accomplishment, Netflix is seeing increasing pressure from a wider range of competitors, including Epic Game’s ludicrously popular Fortnite, which made $ 2.4 billion in 2018 alone. In fact, according […]
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Research Firm Charts Unspent BTC and Calls a Market Bottom in Q1 2019
“How many unspent bitcoins exist?”
“How many bitcoins have been lost?”
“How many bitcoins are left sitting in wallets, and how does this affect price?”
If any (or all) of these questions have ever popped into your head, you’re in good company: They’ve crossed the minds of analysts at Delphi Digital, the self-named “research & consulting boutique specializing in the digital asset market.”
The firm just released research on the current state of the bitcoin market, and they believe they’ve forecasted a potential bottom for its declining prices (FYI, they think it’s coming sometime in Q1 of 2019, but more on that later). Delphi Digital gave us an early peek at the report before announcing it on social media January 10.
Fortnite’s Retail Store Removes Monero (XMR), CEO Calls Its Inclusion “Accidental”
Last week, we first reported that Epic Games’ official Fortnite merchandise store, Retail Row, was exclusively accepting Monero (XMR) as a payment option through GloBee, a global cryptocurrency payment provider which enables merchants to accept cryptocurrencies without risk. While we found the inclusion of a cryptocurrency payment option and the exclusivity of Monero intriguing, we noted that no […]
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Shots Fired: Craig Wright Calls Bitcoin Evangelist Andreas Antonopoulos ‘Sh*tcoin Expert’
Self-declared creator of bitcoin, Craig Wright, has taken to Twitter to brand bitcoin advocate Andreas Antonopoulos, a ‘shitcoin expert’. Escalating the attacks further, Wright dismissed Antonopoulos’ wealth of knowledge on bitcoin saying that the only correct thing the host of “Let’s Talk Bitcoin” podcast knows is how to ‘spell Bitcoin’. In Craig Wright’s view, Antonopoulos
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Vitalik Buterin Bashes Bitcoin SV and Calls it a ‘Dumpster Fire’
In a series of tweets, Vitalik Buterin, co-founder of Ethereum, made his disapproval of Bitcoin Cash ‘Satoshi’s Version’ (BSV) known, calling the new hard fork of Bitcoin Cash (BCH) a “pure dumpster fire.” Buterin’s comments were made in an online Twitter debate with cryptocurrency commentator and businessman Tuur Demeester on Christmas Day. In the discussion, Buterin
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Vitalik Buterin Calls Bitcoin SV (BSV) a “Pure Dumpster Fire”
Vitalik Buterin, the creator of Ethereum (ETH), is not known for pulling punches when discussing technology and other projects within the crypto industry. As one might expect given his past comments, Buterin has a less than positive take on Bitcoin SV (BSV), the newly forked version of Bitcoin Cash (BCH), going as far as calling […]
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Bitcoin Private Denies Fraud Allegations and Calls for Halt to BTCP Trading
Bitcoin Private has confirmed the allegations made by CoinMetrics, reported by CCN yesterday. Calling them “mathemetically accurate,” the development team says that no one on their team knows where the extra coins wound up. Again, CoinMetrics stated that at least 300,000 of them had already been moved through exchanges. Due to the low take-up by
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Nano Founder Blasts XRP, Calls the Altcoin Slow and Centralized
Colin LeMahieu, the creator of Nano (NANO), believes Ripple’s XRP is too slow, centralized and risky for financial institutions to adopt. “Many FX firms I’ve talked with have considered and dismissed them based on the fact that one company holds over 50% of the market cap,” LeMahieu told Crypto Briefing on Friday. “A single company holding […]
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Bimain’s IPO Application in Doubt as Hong Kong Calls Crypto Industry ‘Immature’
Bitmain, the largest manufacturer of Bitcoin mining equipment, is experiencing something of a rough patch, as Hong Kong’s stock market overseers might be reluctant to approve the initial public offering (IPO) application of the company, given their stated concerns about the lack of a proper regulatory framework that can govern the cryptocurrency and blockchain industry.
The post Bimain’s IPO Application in Doubt as Hong Kong Calls Crypto Industry ‘Immature’ appeared first on CCN
Europe’s Top Asset Manager Calls For Crypto Ban While U.S. Institutions Build
According to a Reuters report, Allianz Global Investors (GI) CEO Andreas Utermann encouraged regulators to outlaw crypto. At a conference held in London, directed toward Andrew Bailey, the head of Britain’s Financial Conduct Authority. Utterman said: “You should outlaw it [crypto]. I am personally surprised that regulators haven’t stepped in harder.” Regulators Aren’t Outlawing Crypto
The post Europe’s Top Asset Manager Calls For Crypto Ban While U.S. Institutions Build appeared first on CCN
Blockchain-Friendly UK Lawmaker Calls for Crypto Tax Payments
British politician Eddie Hughes has proposed allowing local taxes and bills to be paid with cryptocurrencies.
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VanEck Director Calls out SEC Double Standard After Coinbase Lists “Shitcoins”
Gabor Gurbacs, a director and digital asset strategist at VanEck, isn’t happy with last week’s decision by the United States Securities and Exchange Commission (SEC) to extend the review period for the VanEck/SolidX Bitcoin ETF to February 27. Making matters even more frustrating for Gurbacs, San Francisco-based cryptocurrency exchange Coinbase has announced the listing of four small-cap ERC-20 tokens — Civic (CVC), […]
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Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’
Ehud Barak served as the prime minister of Israel from 1999 to 2001. These days he makes a lot of money as an investor and co-founder of startup companies in such fields as cyber espionage and cannabis. However, he seems to think that investing in cryptocurrency is less legitimate.
Also Read: The Daily: Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill
Vinny Lingham Calls for 3-6 More Months of Crypto Bear Market
Crypto ‘Oracle’ Vinny Lingham, the CEO of Civic (CVC), a decentralized architecture for identity protection, believes the price of Bitcoin (BTC) will be range-bound between $ 3,000 and $ 5,000 for at least 3 to 6 months. Winter is coming for #crypto! The Oracle of #bitcoin @VinnyLingham says to hunker down for a brutal stretch. pic.twitter.com/vRHffh0Bf7 — CNBC’s Fast Money […]
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Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
India’s supreme court has set a new date to hear the petitions against the cryptocurrency banking ban by the country’s central bank. Meanwhile, the crypto community in India is campaigning on social media for “positive regulations” and the rollback of the banking ban.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
New Supreme Court Hearing Date
The Supreme Court of India has reportedly set a new date to hear the petitions against the crypto banking ban by the Reserve Bank of India (RBI). The central bank issued a circular in April banning all regulated financial institutions from providing services to crypto businesses. Banks complied and closed accounts of crypto exchanges by July.