The 21st century world is connected, but not centered. These are both good things. Connections link people, cultures and ideas. Indeed, all the great advances in human history have been the result of social and economic networks. Without the trade routes of the Indian Ocean,...
Month: November 2019
Bitcoin Fails to Break $7.8K and Now Risks Reversing to New Lows
Whereas Bitcoin (BTC) was hovering at $6,500 earlier this week, it has since rebounded to the resistance zone of $7,800 but failed to break it on the first attempt. Crypto market daily performance. Source: Coin360 As the short term trend is still upwards, should traders...
Criminal Activity in Crypto: The Fact, the Fiction and the Context
It’s the clichéd rhetoric of choice for anyone seeking to discredit crypto. An ace in the hole for any argument against its proliferation. The go-to thesis for those who know very little about cryptocurrency but wish to appear otherwise. The idea that cryptocurrencies are solely...
Scalability Enhancements Kept Bitcoin Decentralized: BitMex Research
Bitcoin (BTC) node synchronization would be impossible if it were not for the improvements that have been made to the software, according to the research arm of crypto exchange BitMex. BitMex Research measured the Initial Block Download (IBD) times of Bitcoin Core software releases from...
European AML Regulations Follow the US Path With a Six-Years’ Delay
In January 2020, the regulatory landscape for crypto businesses will completely change in the European Union in comparison with the last decade — and these changes will touch all those who store clients’ crypto funds or provide fiat-to-crypto exchange services, at minimum. Not long ago,...
Bitcoin Price Analysis: BTC’s Consolidation To End-Up In a Huge Weekend Move?
It took just a few hours after we posted our previous Bitcoin price analysis, and Bitcoin broke out nicely the $7400 resistance, which is the neckline of the inverse head and shoulders pattern. Since then, Bitcoin quickly made a move to our next mentioned resistance...
Chinese Exchange IDAX Freezes Withdrawals, Confirms CEO’s Dissappearance
After days of uncertainty and rumors among the community, the Chinese exchange IDAX Global confirmed that the CEO has disappeared. As a result, withdrawal processes are still not functioning after initially being stopped earlier this week. IDAX Global CEO Disappears IDAX Global cryptocurrency exchange was...
Bakkt CEO Will Be Asked to Fill Georgia Senate Seat in 2020: Report – CoinDesk
Crypto custodian Bakkt’s chief executive Kelly Loeffler has reportedly been picked by Governor Brian Kemp to serve in the U.S. Senate until the special election in November 2020. Loeffler will likely be asked next week to serve as the replacement of U.S. Senator Johnny Isakson,...
US Arrests Ethereum Developer for Training North Koreans to Evade Sanctions – CoinDesk
Virgil Griffith, who has lately been working at the Ethereum Foundation, has been arrested for allegedly going to a conference in North Korea and sharing his expertise in using cryptocurrency. The United States Attorney’s Office for the Southern District of New York announced Friday that...
Cisco Patent Would Secure 5G Networks With a Blockchain – CoinDesk
Network tech giant Cisco has won a patent detailing how it could leverage blockchain to secure the data in 5G telecommunication networks. The San Jose, Calif.-based company submitted a patent application in June 2018 for a blockchain platform that can be natively integrated in wireless...