While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms.Chainlink (LINK) continues to impress with its performance, marking new all-time high records one after the other. With that in mind, let’s have a look...
Read More »Lebanon Financial Crisis Worsens But Can Bitcoin Provide a Solution?
Middle East’s Lebanon is a country with well-known economic issues, deepening for years and peaking during the COVID-19 pandemic.With the nation’s unfavorable situation, numerous prominent economists have offered widely-ranging solutions to the depreciating local currency and USD dependence. Nevertheless, a recent report explored the possibility of a more untraditional solution – Bitcoin.Lebanon: How Did It Get Here?The country’s economy is primarily based on services with the tourism sector...
Read More »6 Must-Read Tips For Better Bitcoin and Crypto Trading and Investing in 2020
Trading in financial markets can be a profitable but also dangerous endeavor. It requires knowledge, skills, and experience no matter the market traders are employing.Of course, gaining experience could be related to actually registering losses but it could also help to learn from traders with a long history in the field. CryptoPotato recently had the chance to interview one such trader – Chris Dunn.Dunn is among the first YouTubers specialized in the field of Bitcoin and cryptocurrency...
Read More »Bitcoin is Not Censorship Resistant: Self-Proclaimed Satoshi Craig Wright (Op-Ed)
Craig Wright, the man who claims to be Bitcoin inventor Satoshi Nakamoto, says Bitcoin is not and was never intended to be, censorship-resistant.According to Wright, who wrote in a blog post from July 10 titled What is Censorship Resistance, the common assumption that Bitcoin holders are protected from economic censorship is nothing but a myth.And the scary thing is, Wright might be right.Craig Wright: No Censorship Resistance on BitcoinWright’s latest blog post drew analogies between Bitcoin...
Read More »Max Keiser On How He Bought BTC For $1 In 2011 And Why Bitcoin Is Like The Mona Lisa (Exclusive Interview)
Max Kaiser is a well-known American broadcaster and filmmaker. His previous experience includes anchoring an analysis program called On The Edge and producing a TV series on the Al-Jazeera English network.Currently, he’s the host of his own widely-popular financial program called the Keiser Report. Apart from his TV and online appearances, Keiser is also a long-time Bitcoin and cryptocurrency proponent.CryptoPotato recently had the chance to interview Keiser, where he said that his first...
Read More »Bityard Beginner’s Guide & Exchange Review
Bityard is a cryptocurrency derivatives exchange that’s headquartered in Singapore, according to its official website. It accepts traders from more than 150 countries and claims to provide fast and secure cryptocurrency trading services.It’s important to note that Bityard is an exchange that operates entirely with derivatives. As such, there are no Bitcoin spot trading pairs.Traders can buy or sell cryptocurrencies using margin and with high leverage of up to 100x.Bityard Security 8.5 Coin...
Read More »If 2020 is The Year of DeFi, When Will Ethereum Benefit?
There is no doubt that the hottest thing in the crypto industry at the moment is decentralized finance. However, Ethereum as its foundation still hasn’t caught up.Another day has heralded another all-time high for the total dollar value of collateral locked up in DeFi markets. That milestone has just hit $2.15 billion as more investors lock up their crypto, according to Defipulse.com.The Year of Decentralized Finance (DeFi)In less than a month, the amount of collateral locked into smart...
Read More »Chris Dunn Trader’s Digest: Bitcoin To $150K Post-Halving, Crypto Investing Methodology, Tips, And More
If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you.The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in 2013.Personally, I learned a lot about crypto and trading from Chris; that’s why I was eager to interview him for CryptoPotato.In the following interview, Chris Dunn shares his attitude...
Read More »Yobit Beginner’s Guide & Exchange Review
Yobit is a well-known cryptocurrency exchange created by a group of European developers back in 2014. The company is officially incorporated in Panama.The platform requires no Know-Your-Customer verification, and registering an account with them is quick and easy. It offers a variety of different cryptocurrency pairs and boasts a large community on Telegram as their English chat has almost 80,000 people in it.Unlike a lot of the exchanges, Yobit support staff is reachable on Telegram, making...
Read More »When The Ethereum You Know Becomes a Shard in ETH 2.0 (Opinion)
The rollout of Ethereum 2.0 is set to arrive in installments, with the first milestone expected some time around Q3 of 2020. From that moment on, things promise to get interesting.At one point, we will see two Ethereum blockchains existing at the same time. Initially, the ETH 2.0 token will be practically useless for anything beyond staking, with zero transaction capabilities – exchanges won’t even list it, and it’s unlikely that it will even have a price.On top of that, the current Ethereum...
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