Tag Archives: AA News

A potential global financial crisis has certainly been a hot topic for a while now. Predictions have been made by many businesses, and another one recently came from the McKinsey & Co. consultancy. The company reported that most of the world’s banks are not prepared to survive a potential downturn.Banks Are Not Ready?McKinsey’s annual review of the financial industry says that we have entered the late phase of an economic cycle.A significant decrease is experienced in the growth volume...

One of the more popular VPN service providers, NordVPN, has confirmed that there has been a breach in their security. While the company maintains a “zero logs” policy, the event raises concerns that some of the user data might have been jeopardized. Knowing that NordVPN is something that quite a lot of cryptocurrency users take advantage of, it’s perhaps worth to take additional care following the breach.NordVPN Confirms Security BreachNordVPN, being among the well-known VPN service...

Bitcoin’s price is often predicated on major volatile moves, both up and down. Recently, however, the price has been trading sideways for almost a month in a rather tight range which could be a sign that a big move is coming. Adding to the mix the Bollinger bands, which are currently closing to each other, we could actually be in for a significant price movement sooner rather than later.Bitcoin’s Current Sideways ActionThe price of the largest cryptocurrency has been within a fairly close...

Stephen Moore, an economic commentator and a former member of The Wall Street Journal editorial board, will launch a stablecoin dubbed Frax. The coin will be pegged to the U.S. dollar, providing stability but differing from other stablecoins in that it will rely on a fractional reserve system. Moore is also President Trump’s former pick for the Federal Reserve board.A New StablecoinStephen Moore has been vocal in opposing the Federal Reserve’s current plans and interest rate raises. He’s a...

The highly volatile nature of cryptocurrency markets makes this industry simultaneously exciting and very risky.The price of bitcoin rapidly moved from around $600 in November 2016 to an all-time high of nearly $20,000 in December 2017.Of course, many, due to FOMO, bought Bitcoin worth hundreds to thousands of dollars during the “crypto bubble” period, hoping that the price would “moon”.It was also in that period that the ICO craze begun. Many novice and experienced investors threw their...

Binance recently launched a futures trading platform – Binance Futures – that allows traders to use leverage and to open both short and long positions. After our first look and test positions, we can say that the platform is very similar to that of Binance’s spot exchange, which makes the transition very easy. The user experience is just as smooth, and trading is relatively simple.Quick NavigationBinance Futures Security 9.9 Coin Variety 7.0 Liquidity 9.8 ProsBinance-branded productHigh...

At the current rate, we can expect the 18 millionth Bitcoin to be mined. This will leave only 3 million more to mine. With the Bitcoin halving approaching quickly, it’s perhaps time to appreciate one of the most predominant qualities of Bitcoin, namely, its digital scarcity.18 Millionth Bitcoin MinedBitcoin’s history begins a little over 10 years ago. For that short period of time, it’s close to reaching more than 85% of its total supply. Satoshi Nakamoto, the inventor of the protocol, has...

Just a few hours ago, Bitcoin’s price plunged from about $8070 down to $7840 in a shattering red candle. Interestingly enough, a massive BTC transaction to Binance took place hours before the dump. 10,000 bitcoins were sent to the exchange, worth more than $80 million.Bitcoin’s Price Below $8,000Bitcoin’s price plunged below $8,000 a few hours ago, going down to as low as $7,840. The decline was quick and definitive in a sudden red candle.At the time of this writing, Bitcoin is trading at...

Cryptocurrencies are becoming more widely discussed – and regulated – in a broad range of countries, including Turkey. A few months ago, the country announced plans to implement a central bank digital currency based on blockchain technology. Huobi, one of the more popular cryptocurrency exchanges, is looking to strengthen its already strong Turkish presence. CryptoPotato recently had the chance to conduct an exclusive interview with the exchange’s CEO Livio Weng.Cryptocurrencies in...

John McAfee – some see him as a legend, some see him as the most controversial figure in the crypto space. For sure, books will be written about his past decade: from his time in Belize to the prison in Guatemala, his US presidency campaign and his endless activities surrounding the cryptocurrency space.This interview was supposed to be conducted live at the recent Blockchain Cruise back in June. However, John McAfee couldn’t attend since he was in jail at the time.So he spoke with us...