history

Bitfinex Supplied ‘Most’ Liquidity During $3.7K Bitcoin Crash — Report

Bitcoin (BTC) saw a “flippening” during its price crash to $3,700 last month — something that could reveal a new uncomfortable truth about exchanges.In its March Exchange Review released this week, monitoring resource CryptoCompare highlighted liquidity as a key metric which changed during last month’s extreme volatility.CryptoCompare: Bitfinex hit 40% of exchange volumeOn March 12, as Bitcoin prices collapsed in a matter of hours, it was notably one platform in particular which provided more volume, and hence liquidity, for traders.“Despite Binance and OKEx trading the most volume across all markets

Market Volatility Continues Amid COVID19 Uncertainty

In times of deep crisis such as this it’s important to stay true to who we are and that seems to get more and more difficult the deeper we get. Last night, I engaged in an interesting discussion on social media when Bruce Fenton posed the question “Are mandated lockdowns right or wrong?” This is something that another bitcoin though leader, Jimmy Song, is on record as being staunchly against and the libertarian in me tends to agree. Jimmy’s point here is simply that a pattern has arisen throughout history

Google Chrome Leads the Pack, but Privacy-Oriented Browsers Gain Traction

In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. However, as most people are now aware, these multinational companies have business models that are centered around collecting and aggregating the data of their customers. In this regard, growing interest in privacy-first browsers like Brave clearly suggests a collective increase in internet users’ concern over how their personal information is being accumulated, stored and utilized on a day-to-day basis.Individuals all over the globe have become so accustomed to

Is Decentralized ASIC Production Possible?

The news about ASICs for Nervos CKB came out recently, as the time of writing, there are four ASICs announced, the Toddminer C1, Toddminer C1 Pro, Bitmain K5 and PA miner — the first batch of C1 was delivered on March 9, K5 and PA Miner are expected to be delivered in April and C1 Pro in May.Since mainnet launch, the total hashrate on CKB mainnet has been around 200TH/S on average, it is now gradually picking up (at the time of writing at ~500TH/S) with ASICs. Toddminer says C1+C1

Remaining Anonymous: Which Crypto Privacy Solution Works Best?

The cryptocurrency industry was initially headlined as anonymous digital cash. While experts were keen to point out that this was not exactly the case, Bitcoin (BTC) found initial popularity in darknet markets such as Silk Road, where merchants sold illegal goods ranging from light drugs to, allegedly, hitman services. Founded in 2011, Silk Road thrived for the next two years until the Federal Bureau of Investigation shut it down in 2013. Authorities later revealed that completely free blockchain explorers aided their investigative efforts.Bitcoin’s transaction ledger is completely open for the

Gold Is ‘Toilet Paper’ for the Rich, Bitcoin for the Poor — Max Keiser

People are going to buy Bitcoin (BTC) in droves — because there will be no gold for sale due to coronavirus, Max Keiser predicts.In a recent edition of his Keiser Report news program on March 31, Keiser said that the coronavirus pandemic will push billionaires into gold as a safe haven. Keiser: people will “flock en masse” to BTCOnce supplies are bought up and stockpiled, the only alternative left is Bitcoin.He summarized:“I predict — and this is not only the ultimate use case but the ultimate irony — that once people

Doing Well by Doing Good: 5 Reasons Why it Works

“Do well by doing good.” The phrase has a deep meaning during this time in human history. In a nutshell, it means that companies that do good (i.e., help out during the Coronacrisis) will do well (i.e., make money and thrive). This is counter-intuitive. Logically, you would not help out during a recession: you would lay off workers, conserve your remaining cash, and “hunker down,” to use an unfortunate phrase. Here are a few reasons why the opposite is true. Your name gets out there. Many of our clients are

Unsurprisingly, Markets Are Bearish

Out of all the hockey stick graphs we’ve been looking at over the last few weeks, the one that really takes the cake is the google trends chart showing the number of people searching for the term ‘unprecedented.’ The levels we’re seeing at the moment, quite frankly, have never existed before. Demand on telecommunications have been unprecedented. The sudden halt in air and even ground travel is unprecedented. And the actions taken by governments and central banks around the world have been well… unprecedented. We’re litteraly living through history at

With Reserve Requirement for Banks Set to Zero by the Fed, You Need to Think Making Bitcoin Your…

If you continue to trust the banks, it will be at your own risk.The month of March 2020 is forever etched in history. The strong spread of the coronavirus around the world will have played the role of trigger in the economic crisis announced for years… Source: https://medium.com/in-bitcoin-we-trust/with-reserve-requirement-for-banks-set-to-zero-by-the-fed-you-need-to-think-making-bitcoin-your-6b358acb264f?source=rss-------8-----------------cryptocurrency

Evolution of‘Payments’ Will Bolster Next-Generation Businesses

Humans have always been on a developmental journey. When we are born into thousands of years of inventions and improvements, it’s easy to take for granted what’s around us— as if they always existed. We seldom think about the changes it took to get to where we are.Take for example, the creation of language and how that opened up a new course in human history. How it led to communication, collaboration, communities and organizations. From there, people organized a set of doctrines and came up with story-telling, a precursor to