Monthly Archives: December 2018

Bitcoin Fund Bets $1M That Crypto Will Outperform S&P 500

Morgan Creek Bullish On Crypto, Issues $1M “Buffett Bet 2.0” Morgan Creek Capital, a juggernaut in investment management, recently saw its crypto-centric subsidiary make an extremely bullish bet on Bitcoin (BTC) and its altcoin brethren. More specifically, according to a report from CNBC, Morgan Creek Digital, headed by Anthony “Pomp” Pompliano, has called for a single investor to take on a hefty bet. The wager, which has been colloquially dubbed “Buffet Bet 2.0,” sees Morgan Creek tout that its in-house cryptocurrency index fund, which includes all prominent crypto […]

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Bithumb Overtook Binance as Largest Spot Exchange by Daily Volumes in November

Cryptocompare, the cryptocurrency market data aggregator, has published its monthly exchange review for November 2018, offering insights about the latest changes in the global market using transaction data from over 70 trading venues. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Key Findings in the Report The authors of the report found that spot volumes represented 75 percent of the total market volumes in November, with futures volumes making up the remaining 25 percent. Platforms that charge trading fees controlled almost 90 percent of the […]

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Rumor: Bitmain Financials Indicate $740 Million In Q3 Losses Excluding Cost of Bitcoin Cash (BCH) Hash War

Since the hard fork of Bitcoin Cash that resulted in the ABC camp claiming the ticker for BCH, the value of the digital asset has dropped from around $500 on the day before the event (November 14th) to current levels of $115. This is a drop in value of 77% in a period of less than a month. Some crypto enthusiasts and analysts have concluded that BCH has entered what is known as a Downward Spiral. This has been explained as the situation where it might not […]

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What Grin and Mimblewimble Mean for the Future of Bitcoin Privacy

In a little over a month, one of the most eagerly anticipated cryptocurrency projects in recent times will launch. There will be no ICO or premine, and, like the transactions themselves, the project team are highly private. Grin, the first network to utilize Mimblewimble cryptography, has wide-ranging implications for privacy that could ultimately shape the future of the Bitcoin network. Also read: Previously Inactive Whales Are Moving Large Amounts of BTC Grin and Beam Will Give Privacy Purveyors a Lot to Smile About Grin and Beam are two […]

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Global Bitcoin ATM Growth Continues – Now More than 4,000

Recent statistics by Coinatmradar reveal that Bitcoin ATMs globally have crossed the much touted 4,000 threshold. Bitcoin ATMs Surpass the 4,000 Mark According to Coinatmradar, the current number of Bitcoin ATMs globally is 4,060, a figure surpassing the 4,000 milestone. The number is a testament to the continuous growth of BTC ATMs worldwide, despite the current plunge in cryptocurrency prices. An earlier report stated that Bitcoin ATMs were almost crossing the 4,000 mark, with 3,991 BTC ATMs. Bitcoin ATM installation continues to spread across continents with North […]

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600 Million Quora and Marriot Users’ Data Got Hacked: Is Blockchain The Solution To Prevent Future Incidents?

Every once in a while, a major news story breaks that reaffirms the reason why blockchain technology exists and why (despite the current market sentiment) solutions like Bitcoin are the future. The recent hacks at Quora and Marriott are a perfect example of this. On December 3rd, it was reported that a data breach on the most famous question and answer platform Quora had exposed 100 million users’ personal information. The founder, Adam D’Angelo, stated that they had discovered the “unauthorized access to one of our systems […]

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Bitcoin Talk Show #LIVE (Dec 6, 2018) – Crypto News Talk Price Opinion with your Calls

Donate Bitcoin: 3NqhJSAikoFiYmZm3ACGzdw9Lr86ZiLT7K Support the Show: https://www.patreon.com/madbitcoins Listen to WCN Audio Podcasts: https://itunes.apple.com/us/podcast/world-crypto-network/id825708806?mt=2 Call Us LIVE! SKYPE WorldCryptoNetwork Check out the brand new http://WorldCryptoNetwork.com/ Follow WCN on Twitter: https://twitter.com/WorldCryptoNet Powered by WPeMatico

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US Congressman is Working On a Bill To Exempt ICOs and Cryptos From Securities Laws

United States Congressman Warren Davidson from Ohio has announced plans of introducing legislation that will regulate ICOs (Initial Coin Offerings) and cryptocurrencies as a different asset class thus exempting them from current securities laws. Mr. Davidson represents Ohio’s 8th District and can be considered as a voice of reason when it comes to the topic of crypto and ICO regulation in the United States. The legislation has not yet been made public but Mr. Davidson promised that it would be soon as there was an urgent need […]

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Previously Inactive Whales Are Moving Large Amounts of BTC

Earlier this week, armchair sleuths began pointing out that large amounts of cryptocurrency from long-dormant addresses have been on the move. For instance, one wallet that’s been inactive since its inception in 2013 moved 66,452 BTC — worth around $245 million — to an unknown address. Hours later, a few more addresses from the top 20 rich list moved another $728 million worth of BTC.       Also read: Eight Historic Bitcoin Transactions More Than $1.5B Moved From Dormant BTC Wallets Cryptocurrency markets have been dreadfully bearish lately and […]

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Bitcoin (BTC) Subreddit Surpasses One Million Subscribers

Bitcoin (BTC), Cryptocurrency–While most investors run for cover amidst the falling crypto prices, as the bear market of 2018 extends into the final month of the year, the Reddit based community for the number one cryptocurrency by market capitalization has hit a new milestone. Congrats r/Bitcoin, million subscribers. pic.twitter.com/nCHoSVIcgH — NVK (@nvk) December 3, 2018 On Dec. 2, the subreddit for Bitcoin reached 1 million subscribers, marking a historic moment for the community that few other groups on the site have been able to achieve. Amazingly, given […]

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