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Mustafa Al-Bassam, the co-founder of Facebook acquired blockchain startup Chainspace, said Libra could recreate a dystopian financial system that’s less censorship resistant and easier to manipulate than the current one. Al-Bassam shared his thoughts on Facebook’s cryptocurrency project, saying that we could end up “worse than where we started.” The road to dystopia is paved […]

After the new yearly high of $147 on June 22, Litecoin has depreciated almost 25 percent signaling that hype around the upcoming block rewards reduction event could be already priced in. Litecoin technical analysis On Aug. 5, 2019, Litecoin will go through a process called halving. This is a fixed event that occurs every four […]

Seattle continues to grow as a hub of blockchain activity in the Pacific Northwest. Seattle Devcon, a blockchain and cryptocurrency agnostic conference, will be bringing the community together on Saturday, June 29, and will feature 50 talks and host over 400 attendees over this weekend. Home to tech giants like Amazon and Microsoft, Seattle continued […]

LedgerX, a U.S. based Bitcoin derivatives exchange, finally won approval from the CFTC to offer BTC spot and physically settled derivatives contracts. Customers living in the U.S. and Singapore will be able to sign up to trade in July 2019. Physically settled Bitcoin futures and options finally approved in the U.S. After years of rumors […]

As 40-year trading veteran Peter Brandt pointed out since Bitcoin broke above $10,000, the market entered a fear-of-missing-out (FOMO) phase that took BTC to almost $14,000 within less than a week, giving signs that a correction was underway. The "Obnoxious-Twitter-Millennial-Index" (OTMI) is registering extreme FOMO. That is always a sign to consider taking some money […]

Stephen Moore, a former adviser to U.S. president Donald Trump, is considering joining Decentral, a cryptocurrency central bank. Moore recently lost out on a bit to join the board of the Federal Reserve and is reportedly looking to get involved in regulating the crypto industry. New ‘crypto central bank’ partners with former Trump advisor A […]

Brave is currently working on integrating an Ethereum, Ledger, and Trezor wallets in their browser, which would allow users to earn and store funds directly into a self-custodied wallet. While the company is yet to officially announce the news, screenshots of the project’s Github repository show progress. Ethereum wallet coming to Brave Browser When Opera […]

After Bitcoin reached its 15-month high by breaking the $10,000 mark, a renewed focus on one of its less represented metrics showed that, so far, over $9.2 trillion has been sent using BTC, and the value is quickly increasing with $13 billion in BTC sent each day. Bitcoin metrics show significant growth Bitcoin‘s latest rally […]

Bitfinex, the same exchange embroiled in fraud allegations over the loss of $850 million in customer funds, is adding 100x margin trading. 1:100 leverage on Bitfinex In a recent tweet, the chief technology officer at Bitfinex, Paolo Ardonio, hinted that the platform will soon allow its users to trade 1:100 leverage. ?? pic.twitter.com/kBgPsGyOL3 — Paolo […]

Bitcoin’s meteoric rally continues as the price nears $12,000. Meanwhile, altcoin/BTC pairs—including Ethereum, XRP, and Litecoin—are getting decimated as funds flow into the predominant cryptocurrency. Bitcoin’s rally continues to accelerate Bitcoin is once again on a tear. After breaking $10,000 just four days ago, the coin is now nearing the $12,000 price level. Reported 24-hour […]