With bitcoin recovering after four straight days of decline we’re talking about what may be the most illegal ICO ever, tokens for Mongolian taxi fares, Bitmain’s Texas hedge and one “suicidal” startups surprising success… Source If You Liked This Article Click To Share DailyDrugsICOIllegalMarketsRussian CryptoX Portal
When it comes to choosing a cryptocurrency exchange, the vast majority of both budding and experienced traders alike tend to settle for the first option. This, however, is rarely the best choice. In the past decade, cryptocurrency exchanges have gone through a revolution of sorts, with numerous new cryptocurrency exchanges launching with features that even major industry players find it difficult to rival. One of these burgeoning upstarts is known as StormGain, a trading platform that offers premium features, including institutional-grade security and AI-based trading indicators. Likewise, BitMEX and Deribit…
The price of blockchain asset XTZ came closer to establishing a record yearly high on Friday. The Tezos’ native token established an intraday peak of approx $1.84, up 4.83 percent from the market’s open rate. Earlier this year, as of May 19, it had settled a year-to-date high of $1.86. The minimal price difference between the intraday and YTD high showed that bulls were attempting to close above the latter. Tezos’s XTZ is undergoing a parabolic bull run | Source: TradingView.com The latest move uphill came after the U.S.-based cryptocurrency…
The white paper for Facebook’s proposed Libra currency has been quietly updated, according to a Dec. 10 article written by Georgetown University law professor, Chris Brummer. Aside from expected amendments reflecting the revised Libra Association members, the biggest change is the removal of dividends payable to those early investors. Change in use of interest on reserve assets While the initial Libra white paper published in June specified that interest on the reserve assets would be used to cover system costs, keep transaction fees low, support growth, and pay dividends to…
“We believe that all tradable assets will be tokenized in the future,” said Alexis Hamel, managing director of solaris Digital Assets. “solarisBank had proven that the Banking-as-a-Service model works, and with a full German banking license solarisBank is ideally positioned to use the same model for solaris Digital Assets to provide custody-as-a-service.” Source
Gold-backed stablecoin issuer Digix has integrated a dissolution mechanism into its DigixDAO platform, created to fund projects which encourage the growth of the Digix ecosystem. Each quarter, DGD token holders will vote on the mechanism — called Project Ragnarok — with DigixDAO only continuing into the next quarter if the dissolution vote fails. The first Project Ragnarok proposal was recently submitted to the DigixDAO for voting, although the concept was first announced in a blog post on Nov. 29. Why introduce a dissolution mechanism? Digix makes clear that its position…
The price of Bitcoin (BTC) will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road. In a series of blog posts on Dec. 10, Ross Ulbricht — the founder of now-defunct anonymous marketplace Silk Road — predicted that BTC’s price will reach $100,000 in 2020. The blogs were published based on letters he wrote in prison, using a type of market analysis known as Elliott Wave Theory. Ulbricht claimed the possibility to carry out such an analysis even without knowing Bitcoin…
Throughout 2019, leaders from more than a dozen leading crypto projects told me they were distributing tokens to stimulate usage, development, and growth. Which raises the question: If companies are giving tokens away, do they have a legitimate business with organic demand? So far, it appears there’s more supply than take-up for many altcoins. Original Source If You Liked This Article Click To Share AltcoinsDogfoodingFindRealUsers CryptoX Portal
Throughout 2019, leaders from more than a dozen leading crypto projects told me they were distributing tokens to stimulate usage, development, and growth. Which raises the question: If companies are giving tokens away, do they have a legitimate business with organic demand? So far, it appears there’s more supply than take-up for many altcoins. Source
In a sharply worded brief, the New York Attorney General’s Office has criticized the exchange’s tactics in its case involving the Tether stablecoin’s backing. Source