Ethereum (ETH) Continues to Hold Distance from Ripple’s XRP by Market Cap

January 5th, 2018 – Ethereum (ETH), the second largest digital coin by market capitalization continues to showcase strong community support for the upcoming hard fork as its value presents staying in the green for a longer period of time comparing to the other leading cryptocurrencies. Source: coinmarketcap The being tested $160.00 level has not been touched by the pair ETH/USD since mid-November when the violent market sell-off took place during the infamous hashwars. Recommended to read: BCH Hash Wars: Ripple’s David Schwartz Had Warned the Crypto Community about Miners Together…

Crypto Market Records Decent Gains But Bitcoin Must Rise Above $4,500

In the past 24 hours, the crypto market added $3 billion to its valuation as Bitcoin (BTC) and Ethereum (ETH) performed relatively well against the U.S. dollar. Several crypto assets in the likes of Litecoin, TRON, and Cardano recorded the largest gains on the day in the range of 6 to 12 percent. Bitcoin Has Needs to Break Above $4,500 As the cryptocurrency market avoided a further drop below the $130 billion mark, Bitcoin defended the $3,800 level and stabilized at around $3,850. According to a technical analyst with an…

Legendary Investor Gary Shilling Won’t Invest in Bitcoin, Cites Satoshi Nakamoto’s Anonymity as an Issue

In a recent interview with Business Insider, legendary investor and analyst, Gary Shilling, explained why he won’t be investing in Bitcoin anytime soon, calling it a “Black Box.” Shilling’s comments are the latest in a long string of negative commentary from traditional investors regarding Bitcoin’s status as both a currency and an investment, with prominent investors like Warren Buffet and Charlie Munger all echoing similar sentiments. The 2018 crypto market crash and persisting bear market certainly haven’t helped prove these nay-sayers wrong. Shilling: Bitcoin is a “Black Box” One of Shilling’s greatest complaints…

Trends, Capitalization, Localization, Industries, Success Rate

Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. The ICO market data is provided by ICObench, based upon the projects’ announcements recorded in ICObench database, which includes over 5,100 ICOs since August 2015. In 2018, 2,284 initial coin offering (ICOs) reached their conclusion and investors could choose, on average, among 482 token sales opening every day of the year. During 2017, the corresponding values were just 966 and 91 ICOs respectively.…

Crypto Giant Coinbase Bans Pro-Bitcoin Gab Founder

Pro-Bitcoin Gab Founder Loses Coinbase Account, Calls For DEXs Gab.com, an up-and-coming social media platform that advocates for free speech is by no means, ironically enough, a stranger to financial censorship. Last year, Paypal, the world-renowned, yet sometimes controversial payment processor, banned Gab’s company account, cutting off one of the startup’s pertinent financial mediums. Coinbase also banned the American firm’s Commerce account as well, disallowing Gab to receive Bitcoin (BTC), and other supported cryptocurrencies as payment. Bitpay, the popular payment processor, had also refused to offer Gab service, with a…

Roubini Caps Off Year of Self-Ridicule With a Hall of Shame and a New Word for Altcoins

Roubini Caps Off Year of Self-Ridicule With a Hall of Shame and a New Word for Altcoins January 5, 2019 by Paul de Havilland Nouriel Roubini has capped off his self-belittling 2018 with a “Hall of Shame” tweet aimed at the crypto community. In it, the notorious crypto-bashing economist created a Hall of Shame for altcoins, and in a hasty keyboard misstep inadvertently invented a new word for them. Also read: Five New Year’s Resolutions to Improve Your Crypto Life in 2019 Subscribe to the Bitsonline YouTube channel for great videos featuring industry…

Litecoin Price Leaps 11% – Here’s What’s Fueling the LTC Rally

Litecoin on Saturday surged more than 11 percent against the US dollar, setting a fresh 2019 peak. The litecoin-to-dollar rate established an intraday high at $37.539 on a bounce from near-term ascending trendline support. The “digital silver” cryptocurrency since December 27 was consolidating inside a strict range much like its peers across the crypto-board. The renewed buying sentiment came three days after OKEx, a famous cryptocurrency exchange, launched ethereum and litecoin perpetual swaps. On the day of the announcement, litecoin had attempted a straightforward rally that fizzled near $34.962. Ethereum,…

Bitcoin maximalists reveal Proof of Keys failures but is it all just FUD?

Proof of Keys Celebration day has been and gone, so which exchanges failed the stress tests? To briefly recap, 10 years ago on 3 January bitcoin’s genesis block was mined and this was the day picked for the so-called Proof of Keys Celebration. The brainchild of Trace Mayer, the proof of keys (PoK) event was conceived as a sort of stress test for crypto exchanges and as an educational project to encourage crypto holders to take full control of their private keys in a declaration of monetary sovereignty. There are…

Why Bitcoin Bubble Bursting is Good for Entire Crypto Space

Even the most ardent crypto evangelist must admit that bitcoin appears to have been the worst investment of 2018, at least in pure dollar terms. The cryptocurrency has lost almost 80 percent of its market capitalization since it established an all-time high at around $327.15 billion. The adoption rate and volume have dropped likewise. Organizations that were planning to launch their bitcoin-based services have delayed their projects or scrapped them entirely. As any seasoned trader would say, the bitcoin bubble is bursting — or has burst already. The Anatomy of…

Ahead of Ethereum Constantinople Update, Community Eyes ProgPoW

Ahead of Ethereum Constantinople Update, Community Eyes ProgPoW January 5, 2019 by William Peaster In the 52nd Ethereum Core developer meeting, the blockchain’s builders agreed to begin tests on shifting Ethereum’s proof-of-work algorithm from Ethash to ProgPoW, an ASIC-resistant algorithm. That development comes just days ahead of  Ethereum’s long-awaited Constantinople update, set for January 16th.   Also read: DX.Exchange Is Tokenizing Major U.S. Stocks This Month Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Ethereum Looks to ProgPoW to Level the Playing Field for GPU Miners Until PoS…