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…
Day: February 1, 2020
Litecoin Hits 17-Week High and It Could Be Bullish for Bitcoin
Litecoin was trending higher on Saturday against an otherwise bearish intraday narrative in the overall cryptocurrency market. The seventh-largest crypto by market cap closed above its seven-week high to hit $72.72. The strong move upward brought Litecoin’s intraday rise to more than 6 percent. At the same time, its gains this week notched up to 36.25 percent (data from BitStamp). Litecoin rate continues to climb despite corrective macro sentiment | Source: TradingView.com, BitStamp Nothing Pumped Litecoin Elsewhere in the cryptocurrency market, coins underwent a mild corrective action. Top assets, including…
Developer Adds Improvements to the Bitcoin Cash Java Library
On January 30, the software developer Pokkst published a blog post sharing his experience of how he’s been maintaining the Java BCH library bitcoincashj for the last 10 months. At one time Pokkst used to develop BTC applications, but then switched to working with BCH in March 2019. The programmer explained how he put a lot of work into the bitcoincashj library after forking it from Mike Hearn’s original bitcoinj implementation. Also read: Cashfusion Far More Practical Than Other Coinjoin Protocols, Says Data Analyst Software Developer Pokkst Adds a Number…
Simple Textbook Analysis Show XRP Price Could Rally 100% Against Bitcoin
There’s no doubt XRP saw poor performance in 2019. During that year, the price of the asset against the U.S. dollar fell by 50%, managing to underperform a swath of traditional asset classes, from stocks and bonds to precious metals and commodities. Because Bitcoin saw a strong 2019, rallying by over 90%, the XRP/BTC pair fell dramatically, even more so than the altcoin’s pair against the dollar and other fiat currencies. One XRP, in fact, is now valued at under 3,000 satoshis — far below all-time highs. But, a number…
2019’s Top 10 Institutional Actors in Crypto
Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood. According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the past three years. Moreover, 4 in 10 respondents say they are open to future investments in digital assets over the next five years. “Institutional investor involvement in cryptocurrency in 2019 has been primarily about getting the infrastructure in place, such as the opening of Fidelity Digital Assets and Bakkt,” Jonathan Levin, co-founder…
2019’s Top 10 Institutional Actors in Crypto
Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood. According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the past three years. Moreover, 4 in 10 respondents say they are open to future investments in digital assets over the next five years. “Institutional investor involvement in cryptocurrency in 2019 has been primarily about getting the infrastructure in place, such as the opening of Fidelity Digital Assets and Bakkt,” Jonathan Levin, co-founder…