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The Hard Week That’s Been Hitting Litecoin

Litecoin, the sixth-largest cryptocurrency by market cap, has had something of a rough week, and is experiencing up-and-down behavior like nobody’s business.Litecoin Is Attached to Bitcoin’s HipTo be fair, Litecoin isn’t alone in its present dilemma. Bitcoin, for example, is currently trading in the $8,100 range – roughly $2,000 less than where it was when last week ended. Ethereum is also down for the count, trading at around $168 at press time from last week’s “high” of $190.Litecoin,...

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Ethereum Fight Surrounding Prog Pow, NVIDIA Expands

Is Ethereum all it claims to be, or is there something ugly brewing underneath the surface?Ethereum: the Fight Wages OnMany Ethereum miners are being accused of harassment following a dispute involving NVIDIA, which several critics claim is trying to “undermine” the Ethereum network. Some believe that the accusations floating about are valid and should be looked at, while others say Ethereum is the victim of a potential scheme that’s trying to knock it aside.Prog Pow is an upgrade that exists...

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R&D Researcher: ETH-Based Fair Win Isn’t All It’s Cracked Up to Be

Fair Win, a gambling platform built on the Ethereum network, is alleged to have several vulnerabilities that put players’ funds at risk. Philippe Castonguay, and R&D researcher at Horizon Games, comments that all respective details regarding the vulnerabilities “will be published soon.”Fair Win = Unfair LossesThe researcher refers to the gaming site as a “Ponzi scheme,” saying that players are promised serious ETH-based gains granted they play their cards right. That, right there, should...

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Altcoins Crash to Six-Month Lows as Fears of ‘Crypto Winter’ Return

The market for alternative cryptocurrencies is on life support this weekend after crashing to six-month lows on Thursday, the casualty of a sudden correction in the price of bitcoin (BTC). Altcoins have since recovered from their lows but remain at the precipice of another violent drop – a move that could usher in a new ‘crypto winter’ with devastating consequences. Crypto Markets Recover Slightly The combined altcoin capitalization fell to $66.1 billion on Thursday, the lowest since March,...

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Pomp: The U.S. Must Tokenize the Dollar to Remain Competitive

In a recent interview with CNBC’s Squawk Box, Anthony Pompliano, the co-founder of Morgan Creek Digital, has argued that the United States must tokenize the dollar to remain competitive in the shifting global financial landscape. Pompliano urged lawmakers to “tokenize the dollar immediately,” asserting that China is in the process of developing a digital yuan, with other countries aiming to soon follow suit. He argues that the status of the U.S. dollar as the global reserve currency is...

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Ethereum Price Analysis: ETH Marks Slight Recovery, Is $180 In Sight?

Ethereum saw a small 4% increase over the past 24 hours which brought its price back above $170. ETH has lost a total of 20% over the past week, causing the cryptocurrency to plummet from more than $200 to below $165. Ethereum is the second-largest cryptocurrency with a market cap of $18.61 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, ETH has managed to hold the support at $165.42. Ethereum rebounded higher in the previous session but failed to break above...

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Crypto Market Cap Today The Same As One Year Ago But What Changed?

The cryptocurrency market has been fluctuating for a while. It has produced significant price increases and decreases, even if we look at the past week alone. On a larger scale, the market saw a severe decline last year and recovered partially since the start of 2019. Interestingly enough, the market cap one year ago on this date was exactly the same as it is now. So what changed?Market Movements 2018 and 2019All cryptocurrencies saw noticeable price movements in late 2017 and early 2018. The...

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Venezuela : Bitcoin pour contourner les sanctions américaines

Selon des sources anonymes citées par l’agence Bloomberg, la banque centrale du Venezuela étudierait la possibilité d’ajouter des cryptomonnaies, notamment des bitcoins, à ses réserves. La demande viendrait de Petroleos de Venezuela SA qui, pour contourner l’embargo américain, aurait vraisemblablement reçu des bitcoins en paiement de sa production. Cette société d’État souhaiterait à présent pouvoir...

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Bitcoin Cash Blocks fast leer

Zuletzt kursierten Screenshots von Bitcoin Cash Minings, die Blöcke anzeigten, die nur eine Hand voll Transaktionen aufwiesen. Viele fragen sich: Wie kann Bitcoin Cash überhaupt etwas wert sein, wenn kaum jemand den Cryptocoin für Transaktionen nutzt?Cryptocoin News: Bitcoin Cash Blocks fast leerIn einem spezifischen Tweet zeigte ein Block nur 5 Transaktionen im BCH Network an. Die Marktkapitalisierung von 3,75 Milliarden US-Dollar wurde sofort in Zweifel gezogen – wie kann es sein, dass der...

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Bakkt’s Bitcoin Futures Had a Disappointing Week (Compared to CME)

ICE’s Bitcoin futures trading platform, Bakkt, launched a few days ago. This was one of the most anticipated events of 2019 as it was supposed to clear the way for institutional money to enter the market. However, looking at the first week of trading, we can see that the volume on the platform has been nothing but disappointing. This is especially the case compared to CME Group’s Bitcoin futures contracts, whose recent volume numbers dwarfed those of Bakkt.Minimal VolumeAccording to Bakkt’s...

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