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BitMEX, Binance Bosses Duke It Out On Twitter

Cryptocurrency exchange Binance has sparked the wrath of BitMEX, one of its biggest competitors after claiming to have invented an essential bitcoin trading tool.  Hayes to CZ: Attend My Bitcoin Derivatives Trading 101 In a Twitter debate which continues to play out, Changpeng Zhao, known as CZ in cryptocurrency circles went head to head with…

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Facebook Insists Libra Poses No Threat to Central Banks

Let’s be honest. For central banks that relish their power to unleash quantitative easing and print money at will, Facebook’s Libra is a wolf in sheep’s clothing. Facebook Does Not Threaten Central Banks Libra does not threaten central banks’ control over currency creation. That was the narrative from Facebook during the meeting between the Libra…

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Cryptocurrency Provides Payment and Tax Solutions for the Cannabis Industry

A member of the Berkeley City Council has reportedly become the first elected official to purchase cannabis with cryptocurrency. City Council Member Makes Cannabis Purchase with Crypto According to The Daily Californian, Ben Bartlett of the Berkeley City Council purchased cannabis using cryptocurrency during an event organized by the Blockchain Advocacy Coalition. The event which…

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Bitcoin(dot)com Crypto Exchange Posts Dishonest Volumes

The Bitcoin(dot)com crypto exchange seems to be fibbing its real volumes. The market operator uses the Multiexchange.com service, thus sharing order books with several major markets. In a tweet, Dan Hedl mentioned that Bitcoin(dot)com merged its orders with Bequant and HitBTC, thus presenting relatively high activity. Bitcoin (dot) com already up to scammy behavior with…

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China’s Inner Mongolia to Drive Out Cryptocurrency Miners

Authorities in China’s autonomous region of Inner Mongolia released a notice requiring local cryptocurrency mining firms to stop their operations, according to ChainNews. Is Inner Mongolia Starting a Trend Among China’s Authorities? China has enjoyed that status of the world’s hub for cryptocurrency mining since it hosts a good share of crypto miners who’re looking…

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Ethereum Heads Back Towards $200, New Rally About to Begin?

Monday morning usually begins with tales of woe for ethereum and its altcoin brethren but things are looking a little brighter today. ETH has had a solid weekend with momentum building while its big brother has remained consolidating. An 8% Weekend for Ethereum September has been a dismal month for the world’s second largest crypto…

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Which Turns The Most Profit? –

Bitcoin’s strong and stable performances in 2019 have been undeniable. As the cryptocurrency’s returns continue to outperform gains seen in traditional market stalwarts (i.e. gold, silver, and the S&P 500), many traders are making comparisons to its relative strength within the market. A recent tweet from crypto analyst @BitcoinEcon has raised some key questions for…

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Crypto Inflation Figures Show Why Bitcoin is King Above Others Like ZEC and XRP

The high inflation figures for altcoins like ZCash (ZEC) and XRP are providing yet another basis for the “bitcoin is king” argument. Indiscriminate Dumping Hurting Altcoin Value Tweeting on Friday (September 13, 2019), economic and crypto analyst, Alex Krüger highlighted the relationship between high inflation figures and poor price performance for certain altcoins. Crypto inflation…

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German Gov’t Approves ‘Bundes-Chain’ to Combat Libra Cryptocurrency

The German government will approve its proposed blockchain strategy this September which reportedly blocks projects like Facebook’s Libra cryptocurrency. Germany Readies Anti-Libra Response According to Spiegel, Germany’s federal cabinet will approve its blockchain strategy announced back in June 2019. While the move signals the country’s intent to be a part of the emerging global economy,…

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