Monthly Archives: October 2019

Veteran Crypto and Stocks Trader Shares 6 Ways to Invest and Get Rich

Do you want to be rich? This is the proper way to invest your money so it grows while you sleep. Two of the most frequent questions that I get from people in the crypto community are: what do you invest in and what are the best investing strategies? As a general rule, the best investment strategy focuses on maximizing gains while minimizing risk.  Historically, the best assets that fit this profile have been stocks, bonds, and real estate. A well balanced portfolio should have an allocation […]

More info

Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex

A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them of creating the largest bubble in human history, and causing well over a trillion dollars in damages. Also Read: Banking Giant HSBC Set to Fire 10,000 More Employees Tether Accused of Fraud and Market Manipulation A class […]

More info

Nearly $10 Billion in BTC Is Held in Wallets of 8 Crypto Exchanges

Cryptocurrency exchange wallets are the biggest HODLers with more than 1.2 million coins in them, worth close to $10 billion. 6.7% of the entire circulating supply of Bitcoin (BTC) is held on the wallets of eight major cryptocurrency exchanges, according to Twitter account The Token Analyst. “Exchanges are the biggest HODLers” On Oct. 8, the Token Analyst, a Twitter account that provides real-time and historical blockchain data, wrote that throughout Bitcoin’s history, the amount of the world’s most popular crypto coins on exchange wallets has consistently been […]

More info

Crypto Exchange Binance Launches Eighth Phase of its Lending Product

Cryptocurrency exchange Binance announces the eighth phase of its lending product. Cryptocurrency exchange Binance has announced the launch of the eighth phase of its lending product on Oct. 7. In this phase, Binance will start offering 14-day fixed-term lending products. The subscribers will be accepted on a first-come, first-served basis. The subscription period begins on Oct. 10 and ends on Nov.10, while interest will be paid immediately after the term matures. An annualized percentage yield of 10% The digital assets included in the program are Binance Coin […]

More info

Blockchain in Crypto Trading: How Do Decentralized Instruments Work?

Decentralized trading services can help users conduct an impartial analysis, hedge risks and even trade without any experience. In cryptocurrency trading, everything is based on price movements, with market participants’ success depending on their ability to predict and quickly respond to this dynamic environment. Forecasting, however, is not always that easy, especially when it comes to high volatility. Even experienced analysts disagree in their assessments  —  while some of them predict that Bitcoin (BTC) will hit $100,000 in a year and a half, others say that it may drop to […]

More info

Why Bitcoin Is Better Than Banks: Major Credit Card Breach Exposes 60M Accounts

Sberbank, the largest bank in Russia with a regional and global presence, has suffered a major data breach. Personal information belonging to millions of clients is now being sold on the black market. Initial analyses suggest the trove of data for sale is real, highlighting the risks associated with traditional banking. Also read: Turkish Government Freezes Over 3 Million Bank Accounts Personal Information Put Up for Sale The leak at Sberbank, a leading financial services provider with offices in 21 countries including other CIS members, the U.S., […]

More info

Swiss National Bank to Research CBDCs at New BIS Innovation Hub Centre

The Swiss National Bank and SIX Group to jointly research digital central bank money within a project of the BIS Innovation Hub Centre. The Swiss National Bank (SNB) and Bank for International Settlements (BIS) have signed an agreement to cooperate on the BIS Innovation Hub Centre in Switzerland. Two major projects According to an official press release on Oct. 8, the BIS’s first three innovation hubs will be established in Switzerland, Hong Kong and Singapore. The Swiss center will initially focus on two research projects — integration […]

More info

Casa Releases New version of Its Bitcoin Full Node Casa Node 2

Crypto custody startup Casa releases Casa Node 2, a new version of the industry’s popular pre-synced product for Bitcoin full node. New York-based crypto custody startup Casa has released Casa Node 2, a new iteration of the industry’s popular pre-synced Bitcoin (BTC) full node product. Original Casa Node did a great job, the firm says According to an Oct. 8 blog post, Casa Node 2 offers a faster and smoother Bitcoin and Lightning experience by deploying a faster processor on the Raspberry Pi 4 with 4GB RAM […]

More info

ACINQ, Startup Behind Eclair Lightning Implementation, Raises $8M

The Lightning Network continues to grow and funding of Lightning development seems to be growing along with it. ACINQ, the Paris-based development company behind the eclair Lightning implementation, announced today, October 9, 2019, that it has raised $8 million in a series A funding round led by venture capital firm Idinvest Partners, with involvement from investment bank Bpifrance and venture capital firm Serena. Following a $1.7 million seed round last year, this brings the total investment in the startup close to $10 million. “This is good news […]

More info

Bitcoin Schmitcoin on Analyzing the Bitcoin Price and Healthy Markets

In this episode of the “Bitcoin Magazine Podcast,” Dave Hollerith talks with Nathan Hadley, a.k.a. Bitcoin Schmitcoin, to hear about what it’s like to be a bitcoin price analyst. Hadley discusses how he uses technical analysis to gauge the bitcoin price, why that works better than fundamental analysis in this market and what will need to be seen in the market before bitcoin takes a bigger bull run. Hadley also explains why most self-proclaimed “traders” are full of it and reflects on some of the craziest days […]

More info
1 2 3 5