Tag Archives: Cryptocurrency News

Craig Wright continues to befuddle in the cryptocurrency space. The controversial computer scientist who maintains his identity as the one and only Satoshi Nakamoto recently spoke at the CoinGeek conference in Seoul on ‘The Power of Bitcoin SV Scaling’. The conference, which hosted a multitude of speakers, saw Wright headline and speculate on new inventions that could be built on top of his dramatic Bitcoin Cash fork now dubbed Satoshi’s Vision. Craig Wright, the promoter of government...

Bitcoin’s fall from grace over the last few days has emboldened bears to come out of hiding. Calls for a plunge to $7,000 and below are overwhelming social media channels. It appears that in one bearish push, all the hard work that the bulls put in this year has gone out of the window. The CIO of Redacted Capital sees bitcoin dropping by another 15%. | Source: TwitterTo get a better sense of where bitcoin is headed in the near-term, we asked several experts on what they think would be the...

The Securities and Exchange Commission (SEC) has brought down the hammer on crypto once again, announcing a $24 million penalty on blockchain company Block.one. Yesterday brought equal measures of hope and despair for the cryptocurrency market. A new rating system for cryptocurrency classification sprung up, looking to bolster self-regulation efforts; at the same time, the SEC pounced on EOS‘ parent company, Block.one, for its supposedly unregistered ICO. The company had tried to subvert...

Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure. He confirmed that Venezuela’s finance minister and central bank are close to introducing “new instruments.” It would give every Venezuelan access to “national and international payments through the central bank’s accounts.”...

Despite the recovery of the bitcoin price by $700 in the past 48 hours, traders like DonAlt expect a deeper correction in the short term. The bitcoin price dropped to the $7,000 region twice in the past week, dipping to as low as $7,688 on September 30. While bitcoin attempted to break above important support levels following its recovery to $8,500, it has not been able to sustain upside momentum. Deeper correction possible for bitcoin From its yearly high at around $14,000, a pullback to...

MMA fighter and crypto aficionado Ben Askren has poured fuel onto the flames of the ever-raging argument between bitcoin and gold. Askren recently created a Twitter poll asking one simple question: If you were given $10,000 gift that you couldn’t touch for a decade, what would you rather the gift in – gold, bitcoin, or U.S. Treasury bonds?  Surprisingly, the results came in nearly exactly apportioned, with bitcoin gaining 50%, gold 41%, and, perhaps more predictably, U.S. Treasury bonds...

Cryptocurrency investors were left holding the wrong coin after a mix-up over ticker symbols on the Binance DEX. But this simple ticker debacle inadvertently revealed some highly suspicious details about the listing process on the Binance DEX. UPX Ticker Mix-Up on Binance DEX The founders of uPlexa say the UPX ticker symbol is, and always has been, unique to their project. However, Binance DEX recently listed a token by the name of UDAP, which also uses the UPX ticker symbol. At least two...

September brought a painful reckoning to the cryptocurrency market, ushering in a brutal bitcoin price crash that wiped thousands of dollars – and months of progress – off the asset’s hard-fought recovery. To make matters worse, bitcoin’s terrifying technical picture is leading analysts to augur even sharper losses in the coming weeks, with longtime skeptics like Peter Schiff gleefully forecasting complete meltdowns. John McAfee: Watch Game of Thrones, Not Crypto Price Charts John McAfee...

The battle cry of the cryptocurrency industry has been one of decentralization, or one without any centralized authority. It is this distinguishing feature that sets the blockchain space apart from other sectors and cryptocurrencies like bitcoin from other assets. No central bank, bankers, or government controls it, and unless your Nouriel Roubini it’s hard not to appreciate this push toward democracy and decentralization. When the industry begins to compromise, that’s when the crypto...

Peter Schiff, the chief executive of Euro Pacific Capital and Chairman of Schiff Gold, is an outspoken bitcoin hater. His animosity against the top cryptocurrency can be traced as far back as June 21, 2011. In his very own radio show, Schiff fervently expressed how bitcoin had no intrinsic value. He said, Intrinsically, the bitcoin itself has no value. It only has value as a medium of exchange so long as people are willing to accept it. The talk show host then proceeded to emphasize the...