About Author:
1 Confirmation with Jeff and Dave
Ashwath is a financial market and technology junkie. He is a cryptocurrency investor, trader, and enthusiast. He has expertise in market psychology and explaining complex technology in a simple way. He aims to battle misinformation in the cryptocurrency space.
Bloom, a blockchain-based identity solution, has crossed the 500,000 user milestone on June 28, 2019, making them the single largest entity in their market slice. Bloom changes the way identities are shared by using a blockchain-based solution to reduce the risks of identity fraud and minimize costs associated with doing...
The co-founder of Kravis Kohlberg Roberts (KKR), Henry Kravis, has reportedly invested in an alternative fund focused on fintech and blockchain opportunities. Kravis joins a list of outspoken Silicon Valley investors who have defied traditional thinking and embraced the rise of innovation in distributed ledgers, as reported by Bloomberg, June...
Bitcoin's (BTC) hash power just crossed 65 EH/s to break its previous high for network hash power. Unspent transaction outputs (UTXO) have also been steadily rising, along with mining revenue on BTC higher than ever, and the bull cycle is only just starting. In this article, BTCManager explores the growing...
In a positive move for DeFi and the MakerDAO community, users will soon be able to collateralize six ERC-20 tokens, apart from ETH. As per a blog post by the team, there will be a vote in the last week of July to decide the prioritize the order in which...
After bitcoin (BTC) topped out at $13,900, Michael Novogratz of Galaxy Digital revealed he sold a little but wishes he had sold a lot. In an article from Bloomberg, Novogratz is reported to have predicted a $7000-10,000 trading range for BTC, calling a $14,000 top a few days later owing to...
Finance industry officials have hinted toward the development of a real-time payments system with instant settlement to be used by banks across the Eurozone. Traditional financial systems have come under pressure from cryptocurrencies and, more recently, Facebook's new digital currency, as reported by Reuters, June 26, 2019. Battle for Supremacy...
Brave Shields, one of the key components to a seamless browsing experience, which protects users' privacy, was rebuilt with inspiration from uBlock Origin and Ghostery's ad-blocker engines. The result of this upgrade is an exponential increase in the efficacy of the shields using a new code base developed in Rust,...
Bitcoin (BTC) isn't the only asset booming from the renewed interest in digital currencies. Three North American securities that deal with bitcoin and blockchain technologies have risen substantially in the last couple of weeks, as reported by AlphaStreet on June 26, 2019. Macro Bull Run As expected, the bullish sentiment in bitcoin...
CoinMarketCap (CMC) has made their first ever acquisition after buying out Hashtag Capital for their proprietary algorithm called "true price." This will allow the company to go beyond traditional volume-weighted pricing models, as per a blog post, June 26, 2019. Accurate Price Structures Following the acquisition, the team will merge...
A CFTC report has highlighted a 14 percent increase in short positions held by institutions and big traders in the CME Bitcoin futures market. Smaller retail traders are taking the other side of this trade, leading market experts to think there may be a missing piece to the puzzle, as reported...
Waves (WAVES) has finally added functionality for smart contracts to its network, deployable through the RIDE programming language. This will enable global developers to harness and utilize a fully-powered decentralized ecosystem to build dApps, as per a press release, June 25, 2019. More Focus on Smart Contracts The decentralized network...
As bitcoin (BTC) surges in value, positive investment theses for digital assets are resurfacing. Those who have been involved in the space long enough understand the power bitcoin as a universal currency. Now, corporations and governments are finally entering the space to either utilize or regulate cryptocurrencies as they are...
Six people have been arrested in the UK and Netherlands for running a phishing scheme that targeted cryptocurrency users through a method called typosquatting. In a press release issued June 25, 2019, Europol revealed the arrests were made based on intelligence and cooperation between English and Dutch authorities. Elaborate Phishing...
As Bitcoin (BTC) surged past $12,000 on the morning of June 26, 2019, the proportion of BTC to total cryptocurrency market capitalization rose to a two-year high of 61.9 percent. Resurgence of Bitcoin The current bull cycle is continuing with extended upward waves with no end in sight. As reported...
Bitcoin IRA, a digital assets company that helps people add cryptocurrency to their retirement portfolios and 401K's, has officially launched a self-directed IRA, as per a press release, June 25, 2019. Digital Assets in Pension The rules of the offering are similar to a regular IRA; a customer has sole...
