According to a report from Dapp.com, dApps had about 1.5 million users over the course of 2018, the first full year they were measured. The most active dApp category across platforms was gaming, followed by betting. Of the 1.5 million total users of dApps across platforms, nearly 800,000 were on Ethereum. The Ethereum dApp ecosystem
Tetras Capital Founding Partner Alex Sunnarborg has revealed that decentralised gambling platform Augur is suffering from the same lack of volume that continues to plague the decentralized application (dApp) ecosystem at large. Reacting to the platform’s weekly report released on January 9, Sunnarborg stated that the total volume of active markets on Augur is, in
The post There’s Less than $ 100k at Stake on Ethereum Gambling DApp Augur appeared first on CCN
In the last 4 hours, $ 9 billion were wiped out of the crypto market as Ethereum and Bitcoin Cash recorded a 14 percent drop respectively against the U.S. dollar. The Bitcoin price dropped to $ 3,750, back to last week’s levels following a promising corrective rally on January 6 when BTC increased from $ 3,753 to $ 4,090.
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Rapper Soulja Boy made headlines and raised eyebrows earlier this month after he released his own line of video game consoles that closely resembled platforms built by Nintendo and PlayStation in the past, complete with licensed games. According to a report by Variety, “The SouljaGame console and SouljaGame handheld were available for a base price of $ 200. The console […]
In a development that it’s fair to say few saw coming, bitcoin sv — the cryptocurrency introduced through last month’s Bitcoin Cash hard fork — is now worth more than the bitcoin cash token itself. CCN reported yesterday that a “flippening” between the two cryptocurrencies appeared to be inbound, as the BSV price steadily gained
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Emmett Shear, the CEO of Amazon-owned (AMZN) streaming giant Twitch, believes there are fundamental differences between active users on his platform and active users on other social media platforms like Facebook and Twitter. Shear believes that the difference between checking Facebook (FB) constantly and watching Twitch is like the difference between doing drugs and sleeping. […]
Barely five months after Zeniex was launched, the South Korean cryptocurrency exchange is closing shop. The exchange, which was unveiled in May, has disclosed that it will cease all operations on November 23. Zeniex blamed the development on the problems facing its ZXG token. “… with recent issues regarding ZXG, we have gone through great
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Ripple (XRP) has been in a correction for as long as the rest of the market. However, the sentiment towards Ripple (XRP) has remained a lot different than that that towards most cryptocurrencies. This optimism towards Ripple (XRP) stems from the promise of XRP eventually replacing fiat currencies. Given the low cost and high speed of XRP transactions, it is easy to see why most Ripple (XRP) investors strongly believe in this promise. Most of the time, we see that markets do not care about sentiment. It is also true in the case of Ripple (XRP) and as we can see the price declined all the way $ 3.2 against the wishes of most investors. However, there are still strong signs of an unwavering belief in Ripple (XRP) even during the bear trend.
In what is a rare, time-sensitive window, bitcoin’s volatility since September 14, 2018 has been less than that of the most popular indexes from traditional finance sectors.
Bitcoin seems to have found a temporary bottom relative to its incredible bull run that saw bitcoin’s price increase more than 1,200% in 2017 alone. 2018, however, has seen a reversal in fortune, as bitcoin started the year in the red and is down over 60% to date.
Bitcoin has been married to volatility ever since the digital currency’s inception in 2009, as bubble-like runs have occurred several times in its nearly 10-year life span.
Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December 2017,
The post 86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price appeared first on CCN
You might not know it by scrolling through your feed, but Crypto Twitter (CT) members are actually less convinced than institutional investors that Bitcoin (BTC) has bottomed out. According to a recent survey by Fundstrat, the market research firm led by notable Bitcoin bull Tom Lee, 54% of institutions believe BTC has bottomed while only 44% […]
More than two-thirds of small-cap cryptocurrency tokens distributed through initial coin offerings (ICOs) are currently worth less than the startups that issued them raised through their crowdfunding sales, a newly-published report has found. Small-Cap ICO Tokens are Hemorrhaging Value According to the report, which was compiled by cryptocurrency research firm Diar, the 562 ICO tokens
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Respected economist Professor Steve Hanke has chanted down central banks. While Hanke doesn’t tout cryptocurrency as an alternative, he does say that the world needs fewer central banks because these government-controlled entities are messing up economies and abusing monetary policy, while fueling inflation and loss of wealth.
Central Banks Have Crashed Economies Through Reckless Money Printing
Central banks have come under fire for aiding struggling economies to crash through reckless money creation, thereby fueling inflation. Prominent economist and currency expert Steve Hanke, who played a key role in establishing new currency in Argentina, Estonia, Bulgaria and Ecuador, says the world needs fewer state banks to prevent economic and cash crises.
Bitcoin price could continue dropping for up to another nine months and hit $ 3000, cryptocurrency investor and media personality Trace Mayer forecast September 16.
Bitcoin $ 3k Chances ‘Less Probable’
In a tweet linking to his so-called ‘Mayer Multiple’ price analysis tool, the entrepreneur said that while a $ 3000 price tag for Bitcoin would be “hopeful,” the odds of it happening were now decreasing.
The Mayer Multiple divides the price of Bitcoin 00 on any given day by the 200-day moving average, the result of which offers insight into whether to buy, sell or HODL bitcoin.
Cardano lost ground against the US dollar on Friday morning before making a moderate afternoon recovery, trading around $ 0.0935 and going up by 2% compared to the previous session. Over the last week, the sellers have been getting less active, and the investors lost less than before. Dmitriy Gurkovskiy, Chief Analyst at RoboForex, says the
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At press time, the price of everyone’s favorite cryptocurrency has shrunk back to $ 6,900. This is about $ 100 less than where it stood yesterday.
Bitcoin was trading for about $ 6,900 on Saturday, though it shot back up to the $ 7,000 range yesterday afternoon. It appears the bear run isn’t quite over yet, as bitcoin is still experiencing instability in its present status.
This week Bitcoin.com reached a milestone of a whopping 2.5 million Bitcoin.com Wallets created in less than a year. Since we started our web portal we’ve focused on providing people with world-class resources that fit every bitcoiner’s needs and our simple-to-use wallet is no different.
The Bitcoin Cash (BCH) blockchain is now less than two years away from its next block reward halving. Current statistics show the BCH chain will halve its reward from 12.5 BCH to 6.25 BCH on or around April 6, 2020, and with more than 80 percent of BCH now in circulation, when the next halving takes place the decentralized asset will be much harder to obtain.
Some PoW currencies are using the same mining algorithms as their larger counterparts, making it much easier to hack the smaller networks with a 51% attack.
Blockchain technology is revered as being a completely secure system, but that isn’t necessarily the case. The tech is still relatively new. Also, as the price of popular cryptocurrencies increase and there’s more of a reward for attacking it, more and more people will look for inventive and profitable methods of attacking the $ 330 billion-dollar industry.