Veteran Analyst Says BTC Might See Further Correction but ‘Prices Have Not Topped’

Following bitcoin’s sharp pullback on November 26, renowned trader Peter Brandt says BTC is likely to see a further correction, although he thinks prices have not topped. The comments follow the massive sell-off of cryptos that resulted in traded volumes of $8.5 billion being recorded across exchanges in just 24 hours. According to Messari, this is the second-highest traded volumes figure ever recorded. Prior to the bears taking over, BTC had gone on an extended bull run and during the run up, many analysts predicted the digital asset would at…

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EURST Stablecoin – Reinvention of the European Economy

Over the years, we have been introduced to a digital transformation, which has created and shaped communities around the world. Digital technologies have introduced newly evolved ways of how the world interacts, operates, and most of all, conducts exchanges. In the current economic hardship and the Covid-19 global pandemic, the European Union has had to face many operational and structural facts, one of them being the strength of the fiat currency; the Euro. The European Economy Operates via a Flawed System Since the introduction of the Euro, the currency has…

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Researcher Publishes Never Before Seen Emails Between Satoshi Nakamoto and Hal Finney

Just recently three previously unpublished emails from Bitcoin’s inventor, Satoshi Nakamoto, have been made public. The emails reveal the correspondence between Satoshi and the early Bitcoin developer Hal Finney. The communications between Nakamoto and Finney stem from November 2008 and January 2009, the very month Bitcoin was launched. On November 27, three emails that have never been seen before were made public in an editorial written by Michael Kaplikov, a professor at Pace University. According to Kaplikov, the emails derived from the New York Times contributor Nathaniel Popper. The NYT…

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Chinese Police Seize $4.2 Billion in Multiple Cryptocurrencies From Plustoken Ponzi Clampdown

Chinese police have seized more than $4.2 billion worth of crypto assets in its clampdown against the Plustoken Ponzi scheme. According to a court ruling made public on Nov. 26, and shared by The Block, law enforcement confiscated a total of 194,775 bitcoin (BTC), 833,083 ether (ETH), 1.4 million litecoin (LTC), and 27.6 million EOS. They also took 74,167 DASH, 487 million ripple (XRP), 6 billion DOGE, 79,581 bitcoin cash (BCH), and 213,724 tether (USDT). The assets were seized from seven persons convicted during the police crackdown, says the court…

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KP2R Network: A Decentralized Marketplace for Developers

PRESS RELEASE. The past decade has witnessed a revolution in traditional finance led by the utilization of blockchain technology. Blockchain technology has shown greater use cases since the development of leading coin Bitcoin. It has been used in different sectors of world economics including, health, agriculture, supply management, finance and many more. However, one sector that is in need for blockchain application is the online marketplace industry. Freelancing has become popular with more skilled workers preferring the flexibility of freelance jobs than the restrictive nature of traditional office jobs. This…

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A Step-by-Step Guide to Splitting ABC Fork Tokens from Bitcoin Cash

On November 15, the Bitcoin Cash blockchain underwent a scheduled upgrade but also the chain saw a consensus split, and the network bisected into two. After the split, numerous users have been looking for methods in order to split their coins in order to store them separately or sell the unwanted tokens on an exchange. The following is a step-by-step guide on how to split forked tokens by leveraging a few different tools. Splitting Coins from the Bitcoin Cash Network Fork Using Electron Cash Version 4.2.0 In mid-November, just like…

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Video: Bitcoin’s Nature With Gigi

Listen To This Episode: Apple Spotify Google Libsyn In this episode of the Bitcoin Magazine Podcast, host Christian Keroles and author and senior developer at Swan Bitcoin Dergigi take a deep dive the Bitcoin rabbit hole.  Keroles and Dergigi discuss Bitcoin’s circular nature and how people often project themself onto Bitcoin. To Dergigi, also known simply as Gigi, Bitcoin is a mirror and we all see what we project reflected back from it. The two also discuss Bitcoin’s distributed nature and Gigi explains why trying to kill Bitcoin is akin to…

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Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes

Cryptocurrency theft has boomed over the past couple of years and this is no hoax. Over USD 1.40 billion was stolen in the first five months of 2020. If thefts continue to rise at this rate, 2020 may well become the second-costliest year in the history of crypto – lagging slightly behind last year’s record of USD 4.5 billion. Hackers Continue To Outpace Defenders According to CipherTrace, although cryptocurrency developers, wallets, and exchanges are working hard on strengthening their defenses, hackers continue to outpace them with their innovative tricks and…

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