Elon Musk, the CEO of Tesla and SpaceX, recently attended a podcast in which he briefly discussed his views on Bitcoin, stating that he is “neither here nor there” on the digital currency. Elon Musk finally talks about crypto Elon Musk has become quite a popular internet personality over the last several years. He has …
XRP – the cryptocurrency with close ties to fintech company Ripple – had a rough 2019, posting yearly losses of over 40% that came about in tandem with a general rise seen by Bitcoin and other cryptocurrencies. Many analysts and investors alike had pinned the crypto’s bearishness on Ripple’s quarterly token sales, which appeared to …
As cryptocurrency exchanges beef up their security to defend themselves against cyberattacks, hackers are responding in kind by amping up their techniques — and the data shows that they’re finding success. Cryptocurrency exchanges faced more successful attacks in 2019 than in any other year since bitcoin began trading on public exchanges in 2011, according to …
Bitcoin is regarded by many as the world’s top performing asset class, but the king of crypto might have an unexpected competitor in the face of Tesla stock (TSLA), as is market cap breaks $100 billion today. Tesla Becomes First Publicly Listed US Carmaker to Cross $100B Mark On Wednesday, the share price of Tesla …
Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its Liquidity Trading Market. The market allows users to buy and sell staked digital assets, bringing more flexibility and liquidity to the staking economy. To celebrate the launch of the liquidity market on Pool-X, it will …
In September 2019, the interest rate for the overnight money market — a short-term lending market where banks borrow cash from each other to meet reserve requirements at the end of a business day — surged to 10 percent. Banks weren’t willing to lend out capital for the Federal Reserve’s target interest rate of 2 …
The Monetary Authority of Singapore (MAS) has recently issued a warning to financial institutions after 4 high-risk bugs were found in Microsoft’s Windows system. Windows-Based Banking Machines Pose Risks for Attack The Monetary Authority of Singapore (MAS) has warned of critical risks to legacy financial systems after Microsoft announced a patch of 49 bugs found …
Bitcoin’s NVT ratio, or its network value to transactions ratio, can be used to signal tops and bottoms in the crypto asset with surprising accuracy. Although the tool’s creator hasn’t been giving it much credence in the past, it has repeatedly signaled the top over the last two years of price action. Now, the signal …
When it launched during The Lightning Conference in October 2019, HTC’s Exodus 1s smartphone took on the ambitious mission of endowing Bitcoiners with a device that delivers the security of a hardware wallet and the privacy and sovereignty of a full Bitcoin node. At a retail price of 219 euro (approximately $245), plus shipping tax, …
In his latest article, PlanB has re-affirmed the reliability of his Bitcoin-Stock-to-Flow model (S2F) to forecast the Bitcoin price trajectory. He also asserts that BTC markets are reasonably efficient, and they see risks that are not in the price data. PlanB: Markets Are reasonably efficient In his article of January 17, 2020, PlanB makes a …