News

Brendan Blumer, one of the executives behind EOS, criticized Bitcoin’s slow transaction times, low transactions per second, and high costs per transaction (when inflation is considered). Brendan Blumer, the 32-year-old CEO of Block.one—a Cayman Islands-registered firm that developed EOS, one of the largest platforms for building and deploying decentralized applications (dApps)—called Bitcoin “fundamentally transformative” in […]

Binance Coin, a widely-used utility token issued by Binance, was one of the best performing cryptocurrencies of 2019. Despite BNB’s impressive Q1 performance, Nick Tomaino, founder of crypto venture fund 1confirmation, thinks it’s the right time to short. During the first three months of 2019, Binance Coin (BNB) was arguably the best performing cryptocurrency. From […]

Bitcoin is currently at its most expensive levels in 2019. According to the GTI Global Strength Indicator—a technical analysis tool that gauges intraday crypto volatility, bitcoin is currently in ‘overbought’ territory—suggesting it could be entering a “parabolic phase,” or be prepared for another downturn. GTI Global Strength Indicator Warns About Bitcoin’s Massive Rally After a […]

Charlie Lee, the creator and founder of Litecoin, made a number of bold price predictions over the past few years. These predictions have had startling accuracy. Among his predictions, he accurately forecasted the bottom for LTC and also infamously sold his holdings near the top of the 2017 bull market. Charlie Lee was a former […]

A central bank digital currency (CBDC) would see central banks distribute digital money which could be redeemed for their respective domestic fiat currencies. In the case of an American CBDC, this would be the US dollar or in Russia, this would be a “Cryptoruble.” These digital currencies would be maintained on any number of blockchain […]

Data shows that the Chicago Mercantile Exchange’s (CME) Bitcoin futures traded $563 million in volume on Apr. 4th while the top 10 crypto exchanges traded $685 million, suggesting Wall Street is now trading a significant portion of the BTC futures market. CME Sees Massive Increase in Bitcoin Futures Trading Volume Following the Chicago Board Options […]

Last week Seattle saw one of its most successful blockchain conferences to date. TF Blockchain 3 was sold out, attracting renowned speakers from around the US and packing the top-floor of the Columbia Tower. The energy at Seattle’s latest blockchain conference was refreshing, especially considering that the blockchain scene was still reeling from 18 months […]

The price of Dogecoin—like the rest of the cryptocurrency market—skyrocketed Apr. 1 and has continued to rally since. In the midst of the rally, Elon Musk, founder and CEO of SpaceX and Tesla mentioned the meme cryptocurrency in a couple of tweets on Apr. 2. What is Dogecoin? The Dogecoin team describes the cryptocurrency as: “An […]

Despite being home to the NYSE and NASDAQ, which comfortably lead the rest of the planet in terms of exchange volumes, the U.S. has conceded its initial crypto exchange leadership position to Asia. While U.S. exchanges—such as Poloniex—once recorded the highest volumes, a new breed of hard-driving Asian exchanges—such as Binance and Huobi—now lead the pack, […]

Some traders are using cryptocurrency as collateral to secure loans, allowing them to keep their bitcoin and get cash while avoiding capital gains tax. Due to the popularity of the option, the crypto loan industry has been growing rapidly. Crypto Loans and Tax Implications The ups and downs that have been synonymous with the crypto […]