Investors are now forecasting a better future of Bitcoin and the entire cryptocurrency market as the Intercontinental Exchange’s (ICE) Bakkt could receive US government approval for its venture by the end of this year. After its epic 2017 bull run from US$1,000 to US$20,000, Bitcoin has struggled over the last year as the market nurses a hangover. Furthermore, the bitcoin price has so far failed to break out of its long-running bear market in 2019. Once Bakkt receives green light from the US Commodity Futures Trading Commission (CFTC), the proposed Bitcoin futures trading system could boost the Bitcoin market. In...
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Liberstad, the Norwegian “private city” will exclusively use cryptocurrency
Liberstad, a project founded by two partners: John Holmesland and Sondre Bjellås is a paradise-to-be for libertarians and anarcho-capitalists. Founded in 2017, the settlement is actually a 370-acre piece of land. The location of land in question is in Southern Norway in the Marnardal municipality. Over the last two years, the place has seen a large number of like-minded individuals from all over the World show interest in it. Libertarians hope that the place will form into a fully functioning settlement complete with all the amenities of a regular one. A private settlement aiming to become independent The Norwegian gaming...
What Is BEAM Coin?
Beam is open-source cryptocurrency running on the Mimblewimble blockchain. The Beam development team seeks to create a new privacy-enhanced alternative to the original Bitcoin blockchain with a user-friendly approach and a startup mindset. Beam was the first cryptocurrency under the Mimblewimble protocol and later followed by the Grin coin. Beam is set up on an additional technology known as Dandelion. The technology has its focus on obscuring network traffic activity through randomizing the pathways used by transactions to get dispersed on a blockchain as a way of enhancing privacy. In the upcoming developments, Beam team will set up an optional...
Ripple Sells Millions Of XRP Over The Counter
After Bitcoin and Tron move crypto by millions, Ripple followed suit. The San Francisco startup has transferred more than 73,200,000 XRP worth US$ 23.9 million to an unknown wallet. Crypto experts are now keeping track of Ripple after it moved millions of dollars worth of XRP. This special group of experts monitors transactions taking place in the cryptocurrency space to keep an eye on the massive movement of digital funds from different exchanges and wallets. 🚨 47,200,000 #XRP (15,795,851 USD) transferred from Ripple OTC Distribution wallet to Unknown wallet Tx: https://t.co/bgQ9a8Ttso — Whale Alert (@whale_alert) February 19, 2019 The largest...
Best Cardano Wallets in 2019
Cardano is a decentralized system, based on the blockchain technology which runs its own cryptocurrency called the ADA coin. The platform has similarities to Ethereum because it supports smart contracts and it can set up Decentralized Apps. Cardano is the first peer-to-peer transaction system and it is arguably the only project to emerge from a scientifically tested philosophy. However, the entire Cardano platform is layered with two separate systems that operate the ADA exchange and smart contracts. The layers are vital because they provide the flexibility for upgrades of a soft fork. The project’s main focus is on scalability and...
Decentralized Crypto Exchange – Binance DEX Testnet is Live
The largest cryptocurrency exchange by trading volume, Binance Exchange has launched its most awaited decentralized exchange – Binance DEX this Wednesday, Feb 20th. The testnet version of DEX is live and currently available for public testing that allows users to create the wallet, interact with DEX interface and hold their private keys. The Decentralized trading platform Binance DEX is based on the company’s Blockchain – Binance Chain, Binance Chain is a blockchain of 11 hubs that will serve the testnet for the assessment of the stage. Delegates of the crypto exchange said that the valuable input from the users would...
How to Mine Grin Coin (GRIN)
Grin is a cryptocurrency built on the Mimblewimble blockchain with a focus on privacy and scalability. The open source coin is the second implementation of the MimbleWimble blockchain after Beam coin. Compared to Beam, Grin has adopted a community-driven decentralized approach. The Grin project also comes with a simple design to enable peer-to-peer transactions. However, Grin and Beam have different architectural designs where the former uses Equihash algorithm which is written in Rust. The protocol is ASIC resistance, meaning that developers will be carrying out hard forking every six months to curb ASICs.The notable difference between the two is on...
South Africa may start monitoring Bitcoin Exchanges
The SARB (South African Reserve Bank) has made a comment about the cryptocurrency industry in South Africa. A proposal was made by the bank to review the country’s regulations and laws directed to this new type of asset. The consultation closed not too long ago, on the 15th of February. The SARB has recognized the importance of BTC trading in Africa and stresses the matter by saying that it was only connected to the limited regulations on cryptocurrency services in SA. According to the statement, trading platforms involved with cryptocurrencies will have to comply with FICA provisions, as well as...
11 Great Wallets To Store Ripple (XRP) In 2019
XRP is specially designed to fast-track international payments and transactions between financial institutions. XRP’s real-world application has made it one of the most popular and viable cryptocurrencies in the crypto market. Besides this, the amazing growth from 2017 lead to a lot of exposure for Ripple – which is currently the #3 cryptocurrency. However, the viability of XRP has made it one of the most targeted coins by cybercriminals. Therefore, it is very important that XRP holders use crypto wallets that can guarantee that their coins are safe from unauthorized access. There are a variety of factors that XRP holders...
Bitcoin vs Gold – Which Is A Better Asset To Store Your Wealth?
Bitcoin is the most valuable cryptocurrency since its inception. Bitcoin’s reputation is due to the 2017 bearish run experienced in the crypto world where the market value hit an all-time high. To date, many still consider Bitcoin as a viable investment for any cryptocurrency lover. Before ruling Bitcoin as the best cryptocurrency investment, it is essential to see how it fairs against other assets in its category. In this case, Bitcoin can be compared to gold, the most precious metal. In this guide, you will get a comprehensive analysis of properties that make gold and Bitcoin strategic investments. Furthermore, we...
