Bitcoin Gold (BTG) was victimized over the weekend when malicious miners overtook its blockchain as a means of performing a 51 percent attack.A 51 Percent Attack Can Be Very DangerousThe miners saw to it that approximately $72,000 in BTG funds were double spent. This is money in their pockets after they gained control of the network’s hash rate. They performed two separate attacks on the network; the first saw them net gains of approximately $19,000 while the second earned them more than...
Read More »Singapore New Payment Law Allows Crypto Companies to Lead Their Activities in the Country
The crypto landscape is drastically changing around the world – especially in Singapore where global cryptocurrency firms have been given the opportunity, through new payment legislation to expand the horizons of their operations to the country by obtaining operational licenses to function therein.This legislation, The Payment Service Act which becomes effective by Tuesday, is the first of its kind in the list of comprehensive regulations, regarding the activities of companies involved in the...
Read More »Deutsche Bank Claims Cryptos Won’t Replace Cash But Could Be Mainstream in 2 Years
Ever since cryptos came into existence a decade ago, a lot has changed in the financial world. Many crypto proponents suggested a while back that digital currencies will soon take over the world. They said that cryptos will eventually render fiat currencies obsolete. However, new studies show that cash is unlikely to disappear ‘anytime soon.’Although there is declining use of cash as a payment method and the cryptos are surging, Deutsche Bank is convinced that money is here to stay. The...
Read More »XRP Bärenmarkt vorausgesagt
Boom Bust sieht eine deutliche Preiskorrektur für den XRP kommen. Ultimativ sieht die Sendung Ripple’s Cryptocoin sogar als vollkommen wertlos an. Das Unternehmen hinter XRP habe seinen Cryptocoin nur kreiert, um das Unternehmen selbst zu finanzieren.Crypto News: XRP Bärenmarkt vorausgesagtHauptkritikpunkt ist die Finanzierungsstrategie von Ripple. XRP im Wert von über 1,22 Milliarden US-Dollar wurden von Ripple bereits verkauft, um das Unternehmen selbst zu finanzieren. Die Investoren...
Read More »XRP Could Fall to Zero or It Could Be Worth Million Dollars, Says Economist Jeffrey Tucker
Experienced economist Jeffrey Tucker says Ripple’s XRP might decline to absolute zero in the near future, or even rise, in the most improbable of circumstances, to a price of one million dollars.XRP has continued its steady decline since the close of last year and shows little sign of shaking off resistance levels. The third biggest cryptocurrency has seen its bearish trend not abating, and previous predictions of the XRP price to reach $0.47 or higher before March are beginning to seem...
Read More »Tron (TRX) Price Analysis: Dips Remain Attractive In Near Term
Tron price started a fresh increase from the $0.0158 and $0.0160 support levels against the US Dollar.TRX price is now trading nicely above the $0.0165 resistance level.There was a break above a key bearish trend line with resistance near $0.0168 on the 4-hours chart (data feed via Bitfinex).The bulls seem to be in control and they are likely eyeing a break towards the $0.0200 resistance.TRON price is trading in a decent uptrend above $0.0160 against the US Dollar, similar to bitcoin. TRX...
Read More »#800 Bitcoin und der Brexit, Bitcoin Indikator Bullenmarkt & Coingeek BitcoinSV Konferenz London
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 800. Heute sprechen wir über folgende Themen: Bitcoin Kurs Anstieg durch Brexit, Bitcoin Indikator gibt erneut das Signal für den Bullenmarkt & Coingeek BitcoinSV Konferenz London Vielen Dank an den heutigen Sponsor Corrigo. Ist deine private Krankenversicherung zu teuer? Deine Beiträge werden ständig erhöht? Dann spare jetzt bist zu 63% monatlich mit einem PKV Tarifwechsel OHNE Versicherungswechsel. ALLE...
Read More »Ethereum Price Analysis: ETH Bulls Aim Fresh Monthly High
Ethereum price is rising again from the key $160 support area against the US Dollar.ETH price is currently trading above the $165 and $170 resistance levels.There was a break above a major bearish trend line with resistance near $160 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher towards the $178 and $185 resistance levels in the near term.Ethereum price is showing a lot of positive signs above $165 against the US Dollar. ETH/USD bulls are likely aiming...
Read More »Tether Unveils New Version of Itself Backed By Gold
After first announcing it back in November, Tether has released Tether Gold (XAUT), a new version of the popular cryptocurrency built atop the Ethereum blockchain.Tether and Gold: A Solid Match?The coin is backed by physical gold, and thus qualifies as a stable currency in that it is tied to something that’s known to retain its value during times of economic strife. The same goes for the “classic” or standard form of Tether, which is allegedly backed by reserves of the U.S. dollar.In...
Read More »Australia Has A Plan for Monitoring Libra
Australia has a plan for tackling stable coins like Libra.Are Libra and Australia At It Again?Stable coin regulation will now be in the hands of Australia’s Prudential Regulatory Authority (APRA). As part of the Australian Council of Financial Regulators, the APRA has created what’s known as the Distributed Ledger Technology Working Group as a way of governing new operations and maneuvers in the industry of decentralized finance.One of the most controversial steps taken in recent years in the...
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