3 Charts Suggesting Bitcoin Price May Be Bottoming

In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since […]

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Don’t Bet On Ethereum: Gamblers Switching to EOS, TRON

Blockchain analysts Diar looked at three competing platforms supporting dApps to find out how much dollar value each process, finding a mass exodus away from Ethereum to EOS and Tron, most of which was related to gambling. The King Has Lost His Crown Ethereum spent quite some time topping the Decentralised Application (DApp) tree, primarily due to […]

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6 Wealthiest Ethereum Wallets May Have Faked Decentralization

Something fishy took place in the world of Ethereum on Dec 1, 2018. New analysis from AI-powered blockchain investigator ORS CryptoHound has uncovered unusual activity on the Ethereum blockchain, which took place last month. ORS CryptoHound took a look at the one hundred largest Ethereum transactions for the last quarter of last year and, in doing […]

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Blockstream Satellite Broadcasts First Message From Mysterious Bitcoin User

Cryptocurrency figures were sharing a sense of excitement January 24 after a mystery user broadcast a message on the Bitcoin blockchain via Blockstream’s satellite network. ‘Straight Out Of Bladerunner’ Blockstream, which launched its network of satellites to allow Bitcoin users to transact without an internet connection, has yet to provide official comment on the event, […]

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‘We Have to Spend Money Carefully’ – Huobi Confirms Lay Offs Despite Profits

The prolonged bear market hasn’t yet managed to throw one of the leading cryptocurrency exchanges, Huobi, in the negative. However, despite still being profitable, the company is letting people go in an attempt to “spend money carefully.” Huobi Tightens Belt Huobi is a China-based cryptocurrency exchange with around $300 million in daily traded volumes, making […]

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Washington State County Doubles Down on Cryptocurrency After Mining Bust

After the boom, backlash, and (partial) bust of Bitcoin in central Washington, one might expect an aversion to the technology. But instead, one authority wants to capitalize on the resources left in the aftermath, to promote new growth in blockchain. A Story Sad To Tell Central Washington’s story is not uncommon in the cryptocurrency world. […]

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China Quietly Makes It Illegal to Run a Node Without Gov’t Approval

China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  New Blockchain Regulations China’s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed “Regulations on the Management […]

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McKinsey & Company: Blockchain Technology Isn’t Living Up to the Hype

McKinsey & Company, the leading consulting firm, says blockchain technology is failing to transition past its pioneering stage. The company notes, however, that payments may not be the best use-case for a complex technology like blockchain. Houston, We Don’t Have Lift Off Major consulting company McKinsey & Company has published an article on the current issues […]

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New Survey Finds 40% of Chinese Want To Invest In Bitcoin

A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent wanting to invest in bitcoin, despite the current bear market. Subject Knowledge The survey found that 98 percent of the respondents had heard of at least one concept related to cryptocurrency […]

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