Monthly Archives: June 2019

Bitcoin Price Dips Back Under $8K as Top Cryptos See Moderate Losses

Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin falls under the $7,900 mark. Saturday, June 8 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $7,900 mark. Market visualization courtesy of Coin360 Bitcoin is down nearly 3% on the day, trading around $7,870 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down over 8%. Bitcoin 7-day price chart. Source: CoinMarketCap […]

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Observers Mock Fork Called Bitcoin2 That Pumps and Dumps on Two Exchanges

Over the last 48 hours, cryptocurrency enthusiasts have been discussing a Bitcoin snapshot fork called Bitcoin2. The little known coin gained over 5,200% since May 28 on only two exchanges and managed to get listed on Coinmarketcap.com as well. Bitcoin2 is believed to be merely a pump and dump scam, much like a great majority of the Bitcoin snapshots airdropped in the past. Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading BTC2 Gains Attention After Pumping 5,200% on Two Relatively Unknown Exchanges Bitcoin2 […]

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Weiss Crypto Ratings Downgrades EOS Due to Centralization Concerns

United States-based financial research firm Weiss Ratings downgraded its rating of crypto EOS because of serious centralization concerns. United States-based financial research firm Weiss Ratings announced that it has downgraded its rating of cryptocurrency EOS because of the blockchain’s “serious problems” with centralization. Weiss announced the report in a tweet published on June 7. In the tweet, Weiss Ratings claims that the cryptocurrency in question has severe centralization issues and that “their event last week did anything to alleviate that,” evidently referring to an event hosted by […]

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Crypto Analytics Firm Coin Metrics Acquires Bletchley Indexes

Analysis company Coin Metrics acquired crypto index firm Bletchley Indexes and plans to launch cryptocurrency smart beta indexes. Cryptocurrency analytics company Coin Metrics announced that it has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes. The announcement was made in a blog post published on June 7. Per the announcement, the acquired company will be rebranded to Coin Metrics Bletchley Indexes (CMBI). The newly acquired firm — following the relaunch — “will leverage Coin Metrics’ on-chain and market data expertise […]

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Life of Luxury: Fashion Turns to Blockchain

Luxury goods manufacturers turn to blockchain. Although once confined largely to agriculture, blockchain technology is now making major inroads into the luxury goods supply chain market. Thus, Consensys recently announced a new platform with French multinational luxury goods conglomerate LMVH and the technology behemoth Microsoft to verify the authenticity of luxury goods. Luxury brands trial blockchain Although many products in the luxury goods market are renowned status symbols found in expensive city center stores the world over, the components of their products can originate in the most […]

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Dutch Billionaire Yet Another Victim of Deceptive Crypto Ads, Sues Facebook

Dutch billionaire John De Mol is suing Facebook over fraudulent crypto ads. Earlier this week, Dutch billionaire John De Mol launched a lawsuit against Facebook over crypto ads using his image without permission. De Mol claims that consumers have lost as much as 1.7 million euros (over $1.9 million) due to the ads, and his reputation was damaged as a result. It is not the first time the California-based media giant is being sued over fake bitcoin ads — and, despite Facebook’s efforts to eliminate the problem, […]

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How to Use Bitcoin to Invest in Gold

Gold and bitcoin enjoy a curious relationship. On the one hand, there is a significant crossover between investors in both, particularly from libertarians who don’t trust the U.S. dollar. But on the other hand, initiatives such as #DropGold have sought to position bitcoin as a more portable, divisible and scarcer form of gold. Can bitcoin and gold co-exist, or does the supremacy of the one threaten the other? Also read: Electron Cash Users Can Now Send Bitcoin Cash to Mobile Phones Bitcoin and Gold – Allies or […]

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Bitcoin 2 Pumps 5500% In Pump And Dump

bitcoin 2 is the best coin ever created. bitfinex hacked coins on the move and much more! Social Media: Follow me on Dlive: https://dlive.tv/MrSotko Follow me on Twitch: http://www.twitch.tv/mrsotko Follow me on Twitter: https://twitter.com/MrSotkoGaming Follow Me On Steem: https://steemit.com/@mrsotko Support Me On Patreon: https://www.patreon.com/mrsotkogaming Discord: https://discord.gg/r2Yf8Ae Want to donate to the channel? Donate Litecoin and send me an email saying how much you sent and I’ll try to thank you at the end of the next video! Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum only donation address: 0x125DE6B8FAb078701e0b11ECb1A6bDF3aF9E73dc Bitcoin […]

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Find a Job Paid With BCH Using Workingforbitcoins.com

In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic. Employers and jobseekers can now use websites such as Workingforbitcoins.com to pay and be paid with cryptocurrencies. Also read: Top Up Your Airtime Minutes With BCH Using Yovopay Platform Supports P2P Payments Between Employers and Freelancers Workingforbitcoins is a new platform that connects businesses with freelancers. Employers can use it to […]

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Vast Majority of DApps for Finance Built on Ethereum Blockchain

Most decentralized finance applications are being built on the Ethereum blockchain Ethereum devs constitute the vast majority of Decentralized Finance (DeFi) application (DApp) creators, according to a report by Binance Research on June 6. Number of DApps per blockchain, courtesy of Binance Research According to the report, DeFi can be thought of as the following: “An ecosystem comprised of applications built on decentralized networks, permissionless blockchains, and peer-to-peer protocols for the facilitation of lending/borrowing or trading with financial instruments.” This ecosystem purports to offer a permissionless, decentralized […]

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