Category: Bitcoin Analysis

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Tinder CTO: Millennials Prefer to Invest in Crypto, Don’t Trust Banks

Brian Norgard, the Chief Technology Officer (CTO) of popular dating app Tinder and an early stage investor in SpaceX and Tesla, has stated that millennials prefer to invest in crypto rather than reserve currencies and conventional assets. Citing a report from CB Insights, Norgard listed the following as being “Millennial investing patterns & preferences”: Low fees […]

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Investor: Selling Cryptocurrency in 2018 is Like Selling Apple in 2001

Yoni Assia, the CEO of UK-based multi-asset brokerage company eToro, a platform founded in 2006 that serves more than seven million active users, has said in an interview that the recent decline in the prices of both major and small cryptocurrencies such as Bitcoin, Ethereum, and tokens has created a rare buying opportunity for newcomers. […]

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Bitcoin Price Fell 11% in 24 Hours: What Triggered the Drop and What Lies Ahead?

Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is incorrect, given that Coinrail is […]

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Bitcoin Price Fell 11% in 24 Hours: What Triggered the Fall and What Lies Ahead?

Many analysts and mainstream media outlets including Bloomberg and WSJ have attributed the recent decline in the bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind the attribution of the latest correction to Coinrail is incorrect, given that Coinrail is […]

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Amazon Patents a Bitcoin Analysis Service

TheMerkle Amazon new York Robots HumansLaw enforcement agencies are showing great interest in Bitcoin users as of right now. They mainly intend to crack down on illicit activities taking place in the world of cryptocurrency. It now appears Amazon is preparing to enter this space as well, as the company recently received a patent to “identity Bitcoin users”. It’s an intriguing development well worth keeping an eye on. Amazon and Bitcoin Tracking The blockchain analysis business continues to grow. Various companies are active in this space as of right now, including the likes of Chainalysis and BitFury Group. It makes perfect sense for those firms to

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Weiss Ratings Defends its Decision to Give Bitcoin Only a C+ Grade

Weiss Ratings Defends its Decision to Give Bitcoin Only a C+ GradeWall Street is known for being a cut throat place where shrewd business people play as tough as possible in order to make gains or their destroy opponents. However, the crypto ecosystem can be at times far more nasty than any other market. One company that had the audacity to rate everyone’s favorite cryptocurrency somewhat […]

The post Weiss Ratings Defends its Decision to Give Bitcoin Only a C+ Grade appeared first on Bitcoin News.

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Bitfury Group Unveils Technique to Analyze Bitcoin Transactions

TheMerkle Bitfury Group Bitcoin AnalysisBitcoin transaction analysis has become an interesting topic of debate over the past few months. Although most governments claim Bitcoin to be anonymous, most people know that is anything but the case. Bitcoin lacks privacy, anonymity, and fungibility. BitFury Group has come up with a new way to analyze related Bitcoin addresses. Whether or not it will bring criminal activity to an end remains to be seen. Tracking Down Criminals Using Bitcoin If there is one major downside to the use of Bitcoin, it is that it will always be associated with criminal activity. Although it is true that the darknet adoption

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