How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago

On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The 11th Anniversary of the Bitcoin Whitepaper 11 years ago today, at 2:10 p.m. Eastern Standard, Satoshi Nakamoto published the Bitcoin whitepaper to the Cryptography Mailing List. The service used was a pipermail message service hosted on metzdowd.com run by…

Read More

Fundstrat’s Tom Lee: 99% of USD is Speculative, Why Discredit Bitcoin?

Bitcoin critics say that the cryptocurrency should never be regarded as a means of exchange because it’s mostly used for speculation. Fundstrat’s Thomas Lee disagrees with this statement, saying that most of the US dollars are used for speculation as well. Almost 99% USD Activity is Speculation Venture capital firm Castle Island Venture recently interviewed Tom Lee, Managing Partner and the Head of Research at Fundstrat Global Advisors. In the latest On the Bring podcast, Lee argued that only a small portion of US dollars are used to buy and…

Read More

A Look at Bitcoin P2P Trading in Politically Tense Countries

Bitcoin (BTC) still keeps up the pace when it comes to P2P markets worldwide. The usage of those markets circumvents exchanges, and allows small-scale exchanges with less formality. Here’s a look at how important it is in countries with significant financial and political concerns.  Peer-to-Peer in Distressed Regimes Bitcoin trading through P2P platforms is picking up, showing significant retail enthusiasm. But those types of trades also reveal retain interest in BTC, and some real-world usage. OTC trades are not only for large-scale buyers. LocalBitcoins shows retail-sized exchanges based on consumer…

Read More

You Can Now Trade Binance Bitcoin Futures On Android App

Binance futures trading is hitting all-time highs. Now, to further facilitate trading, the leading exchange has updated its mobile application. This update allows users to increase their trading position at up to 125:1 leverage. Futures Trading Hits All-Time Highs On October 18, 2019, despite Bitcoin’s recent price trend, the leading cryptocurrency exchange Binance reported that Binance futures daily volume were skyrocketing. Most recently, on October 26, 2019, Director of Binance Futures, Aaron Gong, reported that a new high had been reached of 315,000 BTC, traded in 24H volume. This amount…

Read More

Bitcoin Ownership in UK Surprisingly Low, New Survey Reveals

A survey by cryptocurrency blog Crypto Radar is showing a high bitcoin apathy in the U.K. for people of retirement age. 67.5% of U.K. Citizens Have No Interest in Bitcoin According to the details of the survey as published by Crypto Radar, only 5.3% of the 2,500 participants owned Bitcoin. Of this number, more than half  say they don’t plan on buying more BTC. The survey also showed an apparent high level of BTC apathy in the U.K. with 67.5% percent of respondents claiming they did not own or have…

Read More

Korean Presidential Committee Pushes to Legalize Crypto

A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Presidential Committee Pushes for Crypto Legalization The South Korean Presidential Committee on the Fourth Industrial Revolution (PCFIR), directly under the president, has made several recommendations regarding the country’s cryptocurrency regulation. The PCFIR coordinates policies and reviews matters pertaining to the national…

Read More

LAToken Cryptocurrency Exchange Defends Listing Of ‘SpaceX’ IEO

Following our story yesterday about a suspicious looking Initial Exchange Offering on LAToken cryptocurrency exchange, the CEO has been in touch to defend the listing. LAToken CEO Responds We felt that it was either disingenuous or negligent to claim that the management team of the IEO was that of SpaceX, when in actual fact, Elon Musk and SpaceX are not involved with the token. However, LAToken CEO, Valentin Preobrazhenskiy says that he admires startups who have the courage to pioneer such powerful innovation. Preobrazhenskiy sees the USPX token as serving…

Read More

XRP Volume Lower Than EOS, Still in Top 3

Ripple’s XRP had a dismal year so far. Volumes reach around $1.6 billion per day, a comparatively weak result for a top 3 coin. Low Volumes Among Top Coins XRP saw its volumes sink even below those of EOS, which trades at $2.6 billion per day. The asset, however, remains near the top. The asset has been, in a way, engineered to become a top coin. XRP has been either the second or third digital asset by market capitalization. But the chief reason is the high intended number of tokens…

Read More

Bitcoin and Tether Log 60% of Trading Activity

Cryptocurrency trading is skewed to two major hubs – Bitcoin and Tether. While for years BTC was the most traded digital coin, for a few months now USDT has taken the lead in terms of daily volumes. Bitcoin Lags as Second Most Active Coin On Thursday, the total volume for Bitcoin and USDT combined was between $55 and $65 billion, depending on the type of reporting. This covers the majority of trades in the overall daily activity of $84 billion, based on CoinMarketCap data. Bitcoin now takes up above 30%…

Read More

US, EU and UK Companies Can Now Pay Workers in Bitcoin Cash via Bitwage

Getting at least partially paid with cryptocurrency is a great way to enter the digital asset market without having to do any trading. If you are looking to earn your favorite crypto asset, Bitwage now allows American, European and British companies to pay workers in bitcoin cash following demand for more payment options. Also Read: Binance to Add Bitcoin Cash to Its Decentralized Exchange You Can Now Get Paid With Bitcoin Cash International cryptocurrency payroll and human resources service provider Bitwage has recently announced the launch of bitcoin cash payrolls.…

Read More