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With the benefits of ‘going cashless’ repeated endlessly in the media and Fintech circles there seems to be an assumption that just by making digital financial services available, cash automatically becomes obsolete. The reality on the ground is that digital services are not replacing cash, but instead, cash is a necessity for digital services to […]

One of the most prominent technical analysts in the crypto community believes that Bitcoin is bound for a downward push. But is it realistic? The following technical analysis will attempt to determine the fate of the flagship cryptocurrency Bitcoin is done for a while Eric Thies, a cryptocurrency enthusiast and self-taught analyst, recently stated that […]

Bitfinex, a Hong Kong-based cryptocurrency exchange, announced support for Lightning Network deposits and withdrawals becoming the first exchange in the industry to do so. Bitfinex adds support for the Lightning Network The Lightning Network is a second layer solution to Bitcoin’s scalability problem. It was created by Lightning Labs, a San Francisco-based company building the […]

According to crypto analyst PlanB, who popularized the Bitcoin stock-to-flow model, understanding the world’s largest cryptocurrency comes down to just three things—its Sharpe ratio, its correlation with other assets, and cointegration with the stock-to-flow model. Boiling down Bitcoin to three crucial ratios While Bitcoin’s unique proposition attracted hundreds of millions of people in the ten […]

Despite Bitcoin’s incredible 85 percent price increase, more than 11.5 million Bitcoin hasn’t been moved in over a year. Crypto analyst Rhythm Trader believes the increase in hodlers is a bullish indicator for Bitcoin, as it shows most are drawn by Bitcoin’s long-term investment potential. Fewer people moving their Bitcoin than ever before Earlier this […]

Following Chinese President Xi Jinping’s decision to put the nation at the forefront of blockchain technology, VeChain (VET) experienced a massive rally. Since then, this cryptocurrency is up 176 percent. And, the bullish momentum could prolong as the VeChain Foundation continues to expand the utility of this token. Tokenizing in-game assets Jamie Thomson, a British […]

The Grin developer tasked with implementing privacy features in Litecoin, David Burkett, has created a thread for monthly updates on the LTC MimbleWimble integration and has announced progress on the plan to bring confidentiality features to the sixth-largest cryptocurrency by market capitalization. Burkett posted via Twitter: “I’ll be posting monthly status updates detailing progress on […]

Ethereum’s co-founder Vitalik Buterin stepped forward to help free Virgil Griffith. The move comes after Griffith was arrested by the FBI for allegedly helping the North Korean regime to “use cryptocurrency and blockchain technology to evade sanctions.” Buterin advocates to free Virgil Griffith On Nov. 29, the office of the U.S. Attorney for the Southern […]

A representative of the Bank of China affirmed that the country is preparing to allow security token offerings (STOs) within a strict regulatory framework. China to allow security token offerings (STOs) During the Financial Finance Technology Summit in Beijing, Weimin Guo, chief scientist of the Bank of China, expressed his views about the current state […]

According to a cryptocurrency market analyst, the current Bitcoin price trend looks similar to when BTC crashed by more than 50 percent in November 2018. In a tweet, Bitcoin Jack said: “This is starting too look awkwardly similar to the 6K -> 3K capitulation setup. Possibly too farfetched but can’t deny the similarities” The analyst […]