News

Bakkt’s intention to provide a pure non-leveraged Bitcoin futures product seems to have evaporated — both of the firm’s futures contracts are traded on margin, as pointed out by Alex Kruger: “Myth: Bakkt futures fully backed by bitcoin. Reality: Bakkt futures 37% backed by dollars or treasuries.” More than a year ago Bakkt CEO Kelly […]

A true measure of an entrepreneur’s dedication to his project isn’t the hours he puts in or the sacrifices he makes, but his willingness to have the logo of his company forever embedded on his arm. The founder and CEO of one of the largest cryptocurrency exchanges in the world, Changpeng Zhao, certainly thinks so. […]

The Litecoin Foundation has announced the creation of a dedicated fund to support the ongoing development of privacy features for Litecoin and is calling for community members to donate. On Tuesday, the Singapore-based non-profit said on LitecoinTalk the fund will finance the efforts of David Burkett, the Grin developer currently working to bring confidential transactions to […]

Crypto conglomerate Circle warned all U.S.-based Poloniex customers to withdraw their assets before Dec. 16. Users who fail to withdraw their assets before the deadline could lose access to their account, have their assets traded to USDC or be charged service fees. Poloniex and Circle part ways at the expense of their users Circle, a […]

Virgil Griffith, the head of Ethereum’s special projects division, will be released from jail after his bond is posted, his legal representative said. Griffith was arrested last week for participating in a conference in North Korea, where he allegedly taught the audience how to leverage blockchain technology to evade sanctions. Ethereum developer accused of aiding […]

Kelly Loeffler, the CEO of Bakkt, is set to be appointed as the new U.S. senator of Georgia. According to CBS News, a source familiar with the plan confirmed the news, saying the decision would become effective on Jan. 1, 2020. While it’s still unclear who would succeed Loeffler as the head of Bakkt, her […]

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 […]