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Bitmain’s overproduction of ASIC miners led to lower mining profits, claims miner

Bitmain’s overproduction of ASIC miners led to lower mining profits, claims miner

Bitmain and other crypto companies suffered massive losses during the bear market. However, Bitmain’s effect on Bitcoin’s price, performance, and its decentralization was discovered to be more than what was previously anticipated. James McAvity, a Bitcoin enthusiast and miner, posted a series of tweets explaining how Bitmain’s overproduction of ASIC miners ultimately affected the coin’s […]

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Stellar’s McCaleb: You need a lot of participants to see benefits of open-network like Stellar

Stellar’s McCaleb: You need a lot of participants to see benefits of open-network like Stellar

This week’s main headline was taken by Stellar Lumens [XLM], the eighth largest cryptocurrency by market cap, with news of its listing on Coinbase.com and its collaboration with IBM, a multinational information tech company. Stellar and IBM announced the launch of World Wire, which is going to focus on cross-border, real-time transaction settlement. The solution […]

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Tron [TRX/USD] Price Analysis: Bearish future predicted as coin price holds steady

Tron [TRX/USD] Price Analysis: Bearish future predicted as coin price holds steady

Bitcoin’s [BTC] breach of the elusive $4,000 mark was expected to give a boost to the rest of the cryptocurrency market. However, it only resulted in a few, sporadic bullish rises within the spectrum. Coins like XRP and Tron [TRX] suffered under the weight of the bear, as the prolonged downturn refused to reverse itself. […]

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CFTC Commissioner: Regulated cryptocurrency market could attract institutional investors

CFTC Commissioner: Regulated cryptocurrency market could attract institutional investors

In a recent interview with BlockTV, the commissioner of the Commodities Futures Trading Commission [CFTC], Dan Berkowitz, shed light on a host of different issues that will impact the entry of institutional investors into the cryptocurrency market. Berkovitz started the conversation by claiming that he is not “anti-crypto or anti-blockchain”. He added that the CFTC […]

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Tor enables XMR donations, XLM whales finally wake up and more

Tor enables XMR donations, XLM whales finally wake up and more

Crypto News – 20th March – Tor enables XMR donations, XLM whales wake up and more Don’t forget to follow us for the daily video#monero #Bitpay #BTC #ETH #XRP #BSV #LTC #XLM #IBM @fluffypony #XRPcommunity #xrparmy #cryptocurrency #CryptoNews pic.twitter.com/96YYlBLtN1 — AMBCrypto (@CryptoAmb) March 20, 2019 Daily Crypto News – 20th March Tezos [XTZ] surges by […]

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Litecoin [LTC] Price Analysis: Silver coin’s future in limbo as bears and bulls fight for dominance

Litecoin [LTC] Price Analysis: Silver coin’s future in limbo as bears and bulls fight for dominance

The coin market could possibly undergo another dip before a fresh rally by the end of this week. After trading upwards for quite some time, the fourth largest cryptocurrency on the CoinMarketCap, Litecoin [LTC], fell below the $60-mark. On March 19, the opening price rebounded at $59.40, but rallied to $60.70. At press time, the crypto asset held a market cap […]

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Anthony Pompliano proposes Lightning Network integration to enable Bitcoin payments for groceries

Anthony Pompliano proposes Lightning Network integration to enable Bitcoin payments for groceries

Anthony Pompliano, the founder of Morgan Creek Digital and a Bitcoin proponent, recently revealed that he intended to integrate Bitcoin’s Lightning Network with grocery stores within the Kroger’s system. Kroger recently announced that the organization’s major grocery entity, Smith’s Food and Drug stores, stopped all operations under the VISA protocol after stating that VISA had […]

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Malta: Registered exchanges in island country top trade volume list

Malta: Registered exchanges in island country top trade volume list

The island country of Malta, which became a cryptocurrency and blockchain hub in 2018, topped the list of countries with virtual currency exchanges ranked by their trade volume. Malta’s rise to the top was largely due to Binance, currently second on the chart in terms of adjusted volume, which shifted its base in the second […]

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Cardinal RAT malware strikes two cryptocurrency firms in Israel

Cardinal RAT malware strikes two cryptocurrency firms in Israel

One of the main concerns of the cryptocurrency space has always been hacking and malware. Recently, a research division of Palo Alto networks, Unit 42, detected a malicious malware targeting two Israeli fintech and cryptocurrency trading software companies. The malware in question was Cardinal RAT malware aka Remote Access Trojan, which was initially discovered in 2017. […]

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Huobi announces launch of Huobi Prime, a premium token listing channel

Huobi announces launch of Huobi Prime, a premium token listing channel

Chinese crypto firm, Huobi, announced the official roll-out of Huobi Prime, a premium token listing channel, which will be released on 26 March 2019. With this feature, users will be able to trade in ‘high potential digital assets,’ before they are listed on the main exchange. According to Leon Li, the Founder and CEO of […]

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CoinMarketCap launches two headline indices across NASDAQ GIDS, Bloomberg, Reuters and Börse Stuttgart

CoinMarketCap launches two headline indices across NASDAQ GIDS, Bloomberg, Reuters and Börse Stuttgart

CoinMarketCap, a major website that provides cryptocurrency market cap rankings and data charts, announced the launch of two inclusive headline indices, administered by Solactive, the German index provider. According to blog.coinmarketcap.com, the organization launched two cryptocurrency benchmark indices on the platforms of NASDAQ GIDS, Bloomberg Terminals, Thomson Reuters Eikon [Refinitiv], and Börse Stuttgart. The indices […]

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Bexplus Analyst: A Bigger Bullish Run Will Come If Bitcoin Successfully Surpass $4600

Bexplus Analyst: A Bigger Bullish Run Will Come If Bitcoin Successfully Surpass $4600

Since April 2018, it’s the first time for Bitcoin price to maintain a fourth consecutive week with a green candle close, reaching highs during the week of $4040 with strong volumes backing and finding support when $3900 was tested. The short-term bullish outlook for BTC has been strengthened. However, according to some analyst predictions, bear-to-bull […]

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XRP adoption goes mainstream: Users can send XRP via emails with a simple add-on

XRP adoption goes mainstream: Users can send XRP via emails with a simple add-on

XRP adoption has been slowly gaining traction as developers are looking to integrate XRP and develop new applications which have actual use-cases. A developer, SchalaubiDev [@SchalaubiD], posted on Twitter that he developed an add-on, which when installed would allow users to send XRP via email. The developer posted a screengrab of the add-on installed on […]

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Cardano [ADA] surges by 4% following Coinbase addition speculation and integration to Ledger wallet

Cardano [ADA] surges by 4% following Coinbase addition speculation and integration to Ledger wallet

Cardano looks optimistic after the announcement of its 1.5 version release on the mainnet. The Cardano 1.5 update marks the many improvisations, like Ouroboros BFT consensus protocol, from its precursor Ouroboros Classic. The founder of Cardano and CEO at Input Output HK [IOHK] tweeted, A blog post by the Cardano community, which explained the transition of the […]

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Ethereum [ETH/USD] Price Analysis: Coin cheers for bear as bulls accept defeat

Ethereum [ETH/USD] Price Analysis: Coin cheers for bear as bulls accept defeat

Days after a price rush, a portion of the cryptocurrency market seems to have calmed down. This includes Ethereum [ETH], the second largest cryptocurrency by market cap. According to CoinMarketCap, at press time, the coin was trading at $139.35 with a market cap of $14.67 billion. The trading volume of the cryptocurrency was $4.37 billion […]

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CFTC wants to learn about Ethereum Network’s smart contract feature, says Commissioner Dan Berkovitz

CFTC wants to learn about Ethereum Network’s smart contract feature, says Commissioner Dan Berkovitz

Dan Berkovitz, one of the Commissioners of Commodities Futures Trading Commission [CFTC], spoke about the Commission seeking public feedback on questions pertaining to Ethereum, in an interview with Block TV. In mid-December 2018, the CFTC released an official statement on their portal, stating that a ‘Request for Information [RFI]’ will be published in the Federal […]

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Circle is weathering crypto-winter like every other crypto company, says CEO; refutes valuation rumours

Circle is weathering crypto-winter like every other crypto company, says CEO; refutes valuation rumours

Jeremy Allaire, the CEO of Circle, spoke to Fortune Studios about the company’s activities, and plans for the future, while also discussing how the company weathered the crypto bear market over the years. Allaire explained that all companies in the crypto business were undergoing the same issue as Circle, and that “business was down,” for […]

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Dormant XLM whales active after World Wire announcement by IBM, Jed McCaleb

Dormant XLM whales active after World Wire announcement by IBM, Jed McCaleb

Stellar Lumens, the Ripple and XRP competitor, announced that they were open to business with banks and financial institutions from around 72 countries around the world with the launch of their proprietary product, ‘World Wire’. The news caused an upheaval among enthusiasts as large sums of XLM were moved on March 20, 2019. Whale Alert, a […]

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Tezos [XTZ] shoots up by 22% as cryptocurrency becomes latest altcoin to see green

Tezos [XTZ] shoots up by 22% as cryptocurrency becomes latest altcoin to see green

Price surges in the cryptocurrency market have been dominated by altcoins, with most of the popular ones witnessing double-digit gains. The latest altcoin to surge on the back of the bulls was Tezos [XTZ]. At the time of writing, Tezos was rising by 5.14% on the hourly charts, and by 22.46% on the 24-hour spectrum. […]

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BitMax.io [BTMX.com] and Fantom [FTM] Form a Strategic Partnership

BitMax.io [BTMX.com] and Fantom [FTM] Form a Strategic Partnership

BitMax.io [BTMX.com], the industry leading next-generation digital asset exchange, has announced a strategic partnership with Fantom, the decentralized nervous system of the smart cities of the future, and the platform for nearly instantaneous payments. Fantom solves the problems of existing distributed ledgers such as Ethereum and Bitcoin, by utilizing its revolutionary technology on a global […]

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Bakkt and ErisX are not the same, clarify Adam White and Thomas Chippas

Bakkt and ErisX are not the same, clarify Adam White and Thomas Chippas

Bakkt, the digital asset platform spearheaded by Intercontinental Exchange [ICE] and ErisX, the cryptocurrency exchange, are often clubbed together because of their converging visions for publicly traded Bitcoin products. However, their executives recently came forward to clearly demarcate the two. The two platforms are launching their own Bitcoin Futures soon, prior to which they want […]

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Energy sector companies gather in Vienna to discuss blockchain application in the Energy Sector

Energy sector companies gather in Vienna to discuss blockchain application in the Energy Sector

More than 50 professionals from energy companies are gathering in Vienna from April 10th to 11th for Blockchain and Smart Contracts: Transforming Energy Industry Forum to discuss blockchain application and ongoing digital transformation in the energy sector. Blockchain has the potential to bring significant benefits and innovation and promise transparent, tamper-proof and secure systems that can […]

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XRP/USD Price Analysis: Bears rush collective market as XRP looks to hold firm

XRP/USD Price Analysis: Bears rush collective market as XRP looks to hold firm

Bullish predictions for the collective market led to two successive trends which have since subsided leaving major coins in red. XRP, the second largest altcoin in the market, felt the brunt of the market downturn and recorded a 0.12 percent decline against the US dollar in a 24-hour window. At press time, the cryptocurrency was […]

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CBOE announces discontinuation of Bitcoin futures; CNBC contributor says BTC already hit bottom

CBOE announces discontinuation of Bitcoin futures; CNBC contributor says BTC already hit bottom

CBOE, a major US exchange, announced that it will halt Bitcoin futures once its current contract expires in June 2019. The US exchange was the first institution to launch Bitcoin futures back in December 2017. However, it is speculated that a devaluation of 75% of Bitcoin price might have triggered the discontinuation. According to CNBC, the […]

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Nvidia bullish about crypto-market; anticipates sale of stockpiled GPU mining chips

Nvidia bullish about crypto-market; anticipates sale of stockpiled GPU mining chips

Nvidia, the graphics processing unit [GPU] manufacturer, and popularly used by Bitcoin [BTC] miners, is expecting the crypto-winter to thaw, and the crypto-spring to take its place. According to a report by Bloomberg, the Taiwan-based company is confident that the stockpiled inventory accumulated through the previous year will be sold off, come the expected bull […]

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Bitcoin SV [BSV] Price Analysis: Token fails to sustain bull run as bears return

Bitcoin SV [BSV] Price Analysis: Token fails to sustain bull run as bears return

Bitcoin SV [BSV] turned to the bears again, after two successive market-induced bullish waves saw the coin trading in green. Following the uptrends on 15 and 18 March, the coin fell against the US dollar by 1.08 percent. The Bitcoin Cash hardfork was trading at $66.07, a drop from its previous week’s high of $72.19. The […]

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Citibank abandons its native crypto project; plans to back SWIFT

Citibank abandons its native crypto project; plans to back SWIFT

Citibank, instead of joining the bandwagon of institutional giants like JP Morgan in creating its own digital asset, has abandoned its native cryptocurrency project. The financial service provider is instead, considering to back existing fintechs or regulators, like SWIFT. Gulru Atak, the Global Head of the company, said that they were planning to enhance the existing financial […]

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