Cryptocurrencies

A cryptocurrency is a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, called altcoins, or specifically of digital currencies.

Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. The most popular altcoins now (August 2016) – Ethereum, Steem, Ripple, Ethereum Classic, Litecoin, Dash, Dogecoin.

Cryptocurrencies use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.

Cardano Price Analysis: ADA/USD Trends of November 16–22, 2018
November 16th, 2018

Should the bulls push Cardano price up to break the supply zone of $0.064 upside, the trend may change to uptrend but in case the bears defend this zone there will be downtrend continuation.

BitGo Banks on Stablecoins in a Bid to Win Over More Institutions
November 16th, 2018

BitGo recently added the Gemini Dollar (GUSD) to its list of stablecoin offering citing huge demand from institutional players.

NYDFS Grants Yet Another BitLicense, Now It’s Time for NY Digital Investment Group to Celebrate
November 15th, 2018

New York Digital Investment Group has recently become the 14th company to be granted with BitLicense by the NYDFS.

Bitcoin Price & Technical Analysis: BTC under Harsh Pressure
November 15th, 2018

The major crypto continues falling on Thursday, trading at around $5,768, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

After BCH Hard Fork: The Hash War Might Result Into Detrimental Outcomes
November 15th, 2018

Here’s a look into some of the possibilities post the BCH hard fork and what can happen if Bitcoin SV manages to occupy the majority hash power. Put your seat-belts ON.

About 1M ETH or Almost 1 Percent of the Total Supply Locked in MakerDAO Smart Contracts
November 15th, 2018

According to Mike McDonald, MKR.tools creator, almost 1 percent of the total Ethereum supply (about 1 million Ethereum) is currently locked in MakerDAO smart contracts.

Kik Messenger Giant Chooses Stellar Over Ethereum for Its Kin Token Launch
November 15th, 2018

After working for some months on two blockchains simultaneously, Kik has taken a decision to stop building on Ethereum and to work with Stellar only.

Hash War is On: Craig Wright Threatens to Crash Bitcoin Price Down to $1000
November 15th, 2018

Craig Wright, the man claims to be the real Satoshi Nakamoto and pseudonymous creator of Bitcoin, has threatened to crash the price of ‘his’ headline cryptocurrency if miners support the Bitcoin Cash ABC project in the upcoming fork.

Stellar Price Analysis: XLM/USD Trends of November 15-21, 2018
November 15th, 2018

The strong bearish candle that broke down the demand levels of $0.25 and $0.23 and closed below the dynamic support and resistance is an indication that downtrend movements in Stellar price may continue.

Bitcoin and the Overall Cryptocurrency Market Make a New Low for 2018
November 15th, 2018

The bloodbath in the cryptocurrency market saw almost all of the top ten cryptocurrencies losing 10-12% of its price in a single day. Overall market cap dropped by $28 billion.