Bitcoin’s ‘cash-settled’ futures market is coming to Singapore. ICE, the operator behind Bakkt’s BTC futures firm, has chosen to offer this new product, which will be traded on ICE Futures Singapore. Bitcoin Cash Settled Futures Appeals to Institutional Clients Bakkt has achieved exponential growth with physical delivery futures, but the international expansion chose the cash-settled route. The move was announced just as the Singapore Money Authority announced its readiness to regulate crypto trading, opening a research period until December 20. For the Singapore market, the futures will derive information from…
Read MoreMonth: November 2019
Chinese Mining Giant Trades First Day Flat as Crypto Markets Dump 5%
Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4.5% in 24 hours and crypto markets have shed $10 billion in total so a red Friday is about to begin. Mining Shares End Flat on Day 1 The long-awaited IPO for Chinese crypto mining hardware manufacturer Canaan kicked off with a $90 million listing. Bloomberg reported that the Hangzhou based firm sold 10 million American Depository Shares (ADS) for $9 apiece on…
Read MoreNew Cypherpunk Podcast Debuts Discussing Cryptoanarchy
The Cypherpunk Bitstream podcast hosted by cryptoanarchists @thefrankbraun and @TheRealSmuggler has just released its second episode. The show compassionately reaches out to those listeners tired of the coercive “statist-quo” and explores how anyone can use cryptographic technology and philosophy to reclaim the vital and precious privacy hijacked by an ever-expanding surveillance state. Also Read: The Many Facts Pointing to Hal Being Satoshi Cypherpunk Bitstream 0x01: Cryptoanarchy The second episode of the new Cypherpunk Bitstream podcast, Cypherpunk Bitstream 0x01: Cryptoanarchy, is where the hosts get down to brass tacks and begin…
Read MoreDeveloper Launches BCH-Powered Paywall Service
On Thursday, software developer Alex Winter announced the launch of Satoshiwall.cash, a noncustodial bitcoin cash-powered paywall service. The new platform allows anyone to create a customized paywall that uses BCH for payments so people can monetize their work online. Also read: Crypto Swapping App Sideshift AI Drops Access Code Requirement Satoshiwall.cash If you are an avid news reader there’s a good chance you’ve run into a paywall that restricts you from accessing content unless you pay or sign up for a subscription. Paywalls have been used on the internet for…
Read MoreIn 2019, Cryptocurrency Exchanges Diversified
With exchanges controlling so much of the industry inflows, and accounting for more than 40% of the jobs, any review of the year has to start and end there. An analysis of the dominant trends driving trading platforms serves as a proxy for measuring the cryptosphere’s overall health. From initial exchange offerings to staking as a service, 2019 was the year that crypto exchanges expanded and diversified. Also read: Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds Exchanges Double Down on Partnerships and Referrals Forging partnerships with existing…
Read MorePeter Schiff Doubles Down on $1,000 Bitcoin Prediction
Bitcoin (BTC) deepened its correction to $7,600, wiping out close to $600 within a day. The fall was expected, as November saw diminished enthusiasm for trading. Gold Bug Schiff Clings to $2,000-$1,000 prediction Peter Schiff, gold bug and traditional investor advisor, sees an ominous picture in the current slide. Without a relief rally closer to $9,000, bitcoin may continue downward to as low as $1,000, based on Schiff’s most pessimistic prediction. #Bitcoin is nearing the neckline of the head-and-shoulders top I pointed out before the Oct 25th 40% pump. The…
Read MoreCrypto Swapping App Sideshift AI Drops Access Code Requirement
Since launching in January, Sideshift.ai has become a well known cryptocurrency application that allows people to swap 20+ cryptocurrencies in an automated manner. When Sideshift first launched, users needed an access code to use the service, but on November 20 the team removed access codes and the platform’s affiliate program has fully activated. Also read: Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus Sideshift AI Removes Access Code Requirement For almost a year now, Sideshift.ai has offered an automated cryptocurrency swapping service that allows people to trade specific…
Read MoreBitcoin Supply Less Than 18 Million Coins, Due to Locked Wallets
The supply of Bitcoin (BTC) is actually lower than the 18 million coins mined recently. This is due to coins that have not been moved in a long time, and other locked wallets. At least 1.5 million coins may be locked away beyond retrieval. Bitcoin with Limited Live Supply The “live” supply of bitcoin is around 16.5 million, excluding coins that may be lost. The problematic BTC supply also includes coins that were stolen. BTC expected supply was 18,000,000 at block 600,000. But there are over 1,500,000 coins that are…
Read MoreTop 5 Common Misconceptions About Bitcoin
75% of US adults have heard about Bitcoin. But their information doesn’t always come from reliable sources. Whether they believe it’s magic internet money or a vehicle for drug lords and pedophiles, here are the 5 biggest Bitcoin misconceptions around. The Most Common Bitcoin Misconceptions 1. Bitcoin Is Anonymous It’s not surprising that one of the most common bitcoin misconceptions is that it’s anonymous. Even the above-mentioned survey by YouGov starts the question of whether respondents have heard about cryptocurrencies by saying: A cryptocurrency is a form of digital or…
Read MoreBitcoin Emits Less Carbon Than Previously Claimed, New Study Finds
Bitcoin has been regularly attacked for its energy-intensive mining process, powered by serious amounts of electricity. It’s been claimed that it leaves a carbon foot print comparable to that of a large city or even a small country, an allegation that often finds its way to the headlines of mainstream media outlets. But a new study proves the devil is in the details. Bitcoin’s CO2 emissions, according to the authors, are much more modest than suggested by previous reports. Also read: Canadian Company Commissions 3 Bitcoin Mining Units to Restart…
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