Crypto news

Randal Quarles – the chair of the Financial Stability Board and U.S. Federal Reserve governor – believes that nobody is taking bitcoin and other cryptocurrencies seriously enough, which could potentially bear harsh consequences for the world’s many banks.Randal Quarles – People Need to Wake Up When It Comes to CryptoQuarles points to things like Libra and says that this cryptocurrency and others like it are signs that the financial space has changed extraordinarily over the past year alone....

Euro Pacific Capital CEO Peter Schiff predicted the housing crash from 2006 to 2007. But now he’s warning about a bitcoin bubble. Schiff predicted Saturday that bitcoin will crash to $3,000, while he says gold will surge to $3,000, but not before bitcoin gets there first. Here’s why Peter Schiff’s wrong this time. Peter Schiff’s views on bitcoin are fascinating. He riled up both sides of the bitcoin vs. gold debate among U.S. dollar skeptics this weekend with this taunting question: Source:...

Cryptocurrencies and blockchain recently received significant mainstream exposure. One of the most popular TV Shows, the Simpsons, ran a whole segment about both. It explained in a simple language their features and purpose, and referred to cryptocurrencies as “cash of the future.”Cryptocurrencies On the SimpsonsThe Simpsons is one of the longest-running television shows in the world. Starting in December 1989, it has since captured the hearts of millions of fans globally. Naturally, to be on...

It has been almost two weeks since the Trinity wallet attack, which has seen IOTA’s transaction coordinator halted.The fiat on-ramp was exploited by a hacker who leveraged the vulnerability to access IOTA’s Trinity wallet software, which was integrated with MoonPay. From there, funds were stolen from Trinity wallet users, with total losses believed to total around $2 million.Until the IOTA Foundation announced that it had been forced to pause the network in the wake of the hack, MoonPay was a...

Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held by several large addresses.This information came from a report gathered by the popular monitoring resource – coinmetrics. By examining numerous variables of data, the paper outlines the wealth distribution of some popular cryptocurrencies.BitcoinNaturally, the report begins with the largest cryptocurrency by market...

XRP increased by a small 3% over the past 24 hours as it rebounded at $0.27 to climb back above $0.28.This price increase is driven by Bitcoin making its way back toward $10,000.Against Bitcoin, XRP reversed at 2820 SAT as it battles to climb back above the 100-days EMA.Key Support & Resistance LevelsXRP/USD:Support: $0.27, $0.265, $0.26.Resistance: $0.289, $0.3, $0.31.XRP/BTC:Support: 2800 SAT, 2710 SAT, 2650 SAT.Resistance: 2900 SAT, 3000 SAT, 3115 SAT.XRP/USD: Ripple Reverses At $0.27...

Proof of Keys was a concept first introduced by Satoshi Nakamoto, the legendary figure behind the birth of bitcoin, but it’s now being promoted further by the likes of Trace Mayer, the host of the “Bitcoin Knowledge” podcast.Mayer: Proof of Keys Is What Keeps BTC in the Hands of the PeopleFirst discussed when bitcoin was released to the public over ten years ago, the concept behind proof of keys involves getting rid of all the trust issues in the monetary space by having people interested in...

Square is utilizing the new video-sharing app Tik Tok to spread the word to young people about bitcoin and cryptocurrency.Square and Tik Tok Work to Make BTC MainstreamSquare is run by Twitter CEO Jack Dorsey, who has always been a huge advocate of BTC. In the past, Dorsey has stated that bitcoin could become the world’s “single” cryptocurrency, and in 2018, stated that this was likely to be the case within a period of ten years.He has also commented that bitcoin is on the verge of becoming...

Imagine you run an illegal business in which people pay for your marijuana with bitcoin and other forms of crypto. Where would you hide all that money? Where would you put it?Marijuana and Bitcoin Don’t Always Go TogetherClifton Collins in Ireland recently found himself facing this dilemma. Collins garnered as much as 55 million pounds in bitcoin units from an illegal cannabis business he had been running for as long as 15 years. All these bitcoins came with specific codes that would allow...

Famous American entrepreneur and cryptocurrency proponent, John McAfee, recently spoke of the implementation of privacy coins. He believes that criminals are using them because of their technological value, and authorities cannot keep up.Privacy Coins Used By Criminals: McAfeeAside from being a successful businessman, John McAfee is also a well-known Bitcoin proponent. Until recently, at least, when he changed his stance towards the largest cryptocurrency. He went from a bold $1 million...