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Police in the Indian city of Thane have raided the offices of an alleged multi-million cryptocurrency scam on Monday. According to its promoters, Money Trade Coin (MTC) “provides a safer, more secure and superior alternative of storing wealth in the form of digital currency, to investors as well as commoners.” Investigators, however, accuse it of … Read more
“Decentralization shaming” is a popular way for cryptocurrency tribes to laud their anointed altcoin at the expense of the rest. The degree to which a cryptocurrency is free from control by any one entity has become a stick with which to beat projects that don’t measure up to bitcoin, which is all of them. Such … Read more
Over the past year and a half, there has been a vast increase in the number of hedge funds paying attention to cryptocurrency. As such, a lot of people are wondering which currencies those companies are investing in. The answer will surprise a lot of people, but in a good way. Cryptocurrency Hedge Fund Strategy Whenever … Read more
At press time, the father of cryptocurrencies is trading for just under $7,700. The cryptocurrency market cap has garnered over $25 billion over the last week alone, and with roughly $300 to go, many investors are wondering whether the $8,000 mark can be reached soon. One source claims bitcoin is currently facing resistance where it … Read more
There is never a lack of controversy in the world of cryptocurrency. According to Ripple CEO Brad Garlinghouse, Bitcoin will not remain the “gold standard” of cryptocurrencies for much longer. Instead, he is convinced that altcoins will carve out their own paths and no longer rely on Bitcoin’s price momentum. Brad Garlinghouse has Some Contrarian … Read more
Long before Proof of Stake entered crypto consciousness, people were staking Proof of Work coins. In return for locking up a portion of tokens and running a masternode, you can earn verification rewards. Earning a passive income while helping to secure a network sounds as comfortable as it does noble. The reality, however, is that … Read more
With the number of altcoins listed on Coinmarketcap reaching 1,640 as of this writing, the question begs – how will all of these altcoin markets perform in the long term? When looking back four years at a historic snapshot of the leading markets from June 1st, 2014, one can see that only two of the … Read more
A few months ago news.Bitcoin.com reported on the platform Localbitcoincash.org growing popular and adding a few new features. Now the website has revamped its user interface and the website’s developer has added services like a direct crypto-to-crypto exchange and a shopping section where users can post items to sell for Bitcoin Cash. Also read: The Exahash … Read more
What’s the difference between Ripple the company and ripple (XRP) the cryptocurrency? Many people would assert “Not a lot” given that the former owns most of the latter and its founders were responsible for creating ripple in the first place. Ripple the company has other ideas though, and is on a mission to separate the … Read more
While the second half of May has been burdened by a sustained downtrend, today’s price movements could be seen as a spark for a reversal. After reaching initials lows earlier in the day of just above US$7,000, Bitcoin saw a huge jump to above $7,400, and is continually inching higher. If things play out well, … Read more
