Day: February 1, 2020

Top 10 Books Recommended by Crypto Thought Leaders

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At the end of 2019, Cointelegraph collected an interesting and sometimes unexpected selection of books from people without whom the world of cryptocurrency and blockchain would be completely different. Tyler and Cameron Winklevoss, Changpeng Zhao, John McAfee, Grigory Klumov and the Cointelegraph team shared the most interesting books that they read in 2019. These recommendations are for those who want to immerse themselves in the crypto industry. They also aim to help readers understand the ideas that have influenced the worldview of these industry leaders. Here are the top 10…

Ripple Unlocks Half Billion Tokens From Escrow as XRP Price Up 26% YTD

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XRP price growth remains lackluster as February begins, despite blockchain payment network Ripple releasing 500 million tokens from its escrow. Data from the XRP blockchain noted by monitoring resource Whale Alert on Feb. 1 confirmed a single transaction of 500,000,000 tokens worth $119.5 million left Ripple’s escrow the same day. XRP “rewards” bagholders with 26% returns The move is the latest in a series of planned releases, which Ripple has scheduled to occur on the first of each month for 55 months.  Its aim is to provide incentives for market…

Zcash’s Funding Vote and the Woes of Decentralized Governance

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The zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the Electric Coin Company (ECC) and the Zcash Foundation, according to voting results published by the foundation Thursday. The decision marks the end of a months-long – and often contentious – campaign to address imminent funding losses for both organizations. For the ECC and Zcash Foundation to continue developing zcash, particularly as its use case faces increased scrutiny from international regulators grappling with the implications of privacy coins, the funding is a…

Zcash’s Funding Vote and the Problems With Decentralized Governance

boss

The zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the Electric Coin Company (ECC) and the Zcash Foundation, according to voting results published by the foundation Thursday. The decision marks the end of a months-long – and often contentious – campaign to address imminent funding losses for both organizations. For the ECC and Zcash Foundation to continue developing zcash, particularly as its use case faces increased scrutiny from international regulators grappling with the implications of privacy coins, the funding is a…

Zcash’s Funding Vote and the Problems With Decentralized Governance

boss

The zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the Electric Coin Company (ECC) and the Zcash Foundation, according to voting results published by the foundation Thursday. The decision marks the end of a months-long – and often contentious – campaign to address imminent funding losses for both organizations. For the ECC and Zcash Foundation to continue developing zcash, particularly as its use case faces increased scrutiny from international regulators grappling with the implications of privacy coins, the funding is a…

The $100,000 Bitcoin Halving Is Just 100 Days Away

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Bitcoin (BTC) is just over three months away from having its supply cut in half — and major market commentators are unashamedly bullish on its impact. In a tweet on Feb. 1, rating agency Weiss Ratings presented a summary of Bitcoin price performance over its two previous block reward halvings.  Weiss: Halvings “absolutely” help BTC price Halving refers to the number of new Bitcoins awarded to miners for each block of transactions they validate.  During the first event in late November 2012, BTC/USD traded at just $12. Four years later,…

‘Litecoin Leads Bitcoin’ — LTC 65% Gains Echo Start of 2019 Bull Run

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Litecoin (LTC) hit $70 for the first time since September 2019 this weekend, fuelling speculation it will induce a Bitcoin (BTC) bull run. Data from Cointelegraph Markets and Coin360 showed LTC/USD passing the notable $70 barrier on Feb. 1, going on to claim local highs of $71.50.  LTC seals 65% monthly returns As with many major altcoins, the achievement caps a highly successful month for Litecoin, which on Jan. 1 traded at just $43.  Litecoin price 1-month chart. Source: Coin360 However, the 65% jump caught traders’ attention for one reason…

Three Catalysts that Could Send Bitcoin Price Higher in February

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It is February 1 and bitcoin is up by a modest 0.52 percent. The benchmark cryptocurrency left an impressive month behind in January, returning 30.27 percent in profits against an otherwise gloomy global market outlook. The wild move upside marked bitcoin’s best January close in seven years, convincing traders that the gains could grow further heading into February. Bitcoin maintaining gains to open February in a green territory | Source: Yahoo Finance So it appears, bitcoin’s bullish continuation theory – actually – has merits in the form of both fundamental…

Stacking Fasts: Inside the Crypto Community’s New Diet Craze

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It’s been 27 hours since my last meal and my body is starting to eat itself. Autophagy, literally self-eating, is the latest dietary trend in the crypto community. More commonly known as fasting, the idea is to abstain from ingesting food for a set amount of time, ranging anywhere from 24 hours to an entire month or beyond. In doing so, proponents hope to improve their bodily health and mental acuity.  With nine hours left to my own exercise in self-starvation, I feel neither healthy nor sharp. In fact, I’m…

Bitcoin $100K Bullrun Is Here, Say Crypto YouTubers as Price Eyes $10K

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Bitcoin (BTC) has in fact already started the bull run, which could spark its run-up to $100,000, two popular social media personalities have said. Speaking in a Market Discussion on Jan. 31, YouTube bloggers The Moon (Carl Runefelt) and DataDash (Nicholas Merten) told Cointelegraph that Bitcoin had been in a bull market “for some time.” DataDash eyes $100K BTC bull target The two form the latest voices from trading circles to go decisively bullish on BTC, cementing positive sentiment from Cointelegraph guests throughout January. During that time, BTC/USD has gained…