bitcoin Cryptocurrency News Ethereum Opinion ripple 

Is Ripple Decentralized or Not? Blockchain Expert Ends the Debate

Is Ripple decentralized or not? One expert weighs in. | Image: Shutterstock Ripple fans adamantly preach that the cryptocurrency runs on a decentralized network. A quick search of the term “Ripple Decentralized” on Twitter reveals hordes of accounts claiming that “The Standard” is decentralized in nature. Many are even ganging up in an attempt to prove their point. ChardyXBT tweet. | Source: Twitter In addition, the Chief Technology Officer of Ripple Labs, David Schwartz, wrote an article claiming that the XRP Ledger is more decentralized than bitcoin and Ethereum to…

Read More
bitcoin Op-ed satoshi nakamoto 

And Satoshi’s True Identity is… –

Who is Satoshi Nakamoto? More importantly, does it really matter? | Source: Pixabay Who is Satoshi Nakamoto? The identity of the enigmatic person (or people) who created bitcoin remains as mysterious as Jack the Ripper. Pundits and experts all over the world have put forth their assertions as to who Satoshi truly is. It is the subject of much debate in the bitcoin and cryptocurrencies world. A Legend In Bitcoin Bulls’ Minds Satoshi is regarded as a legendary figure, a mystery of such gigantic proportions that one may soon find…

Read More
bitcoin Op-ed 

Bitcoin Rages Bullish With Hash Rate’s 8-Fold Surge Since $20,000 Peak –

Bitcoin’s hash-rate is 8x higher from late 2017 when the cryptocurrency hit an all-time high. | Source: Shutterstock The hash rate of the Bitcoin network (BTC), which represents the amount of computing power securing the blockchain protocol, has increased by around eight-fold since hitting its record high at $20,000 in 2017. According to data provided by Blockchain, the largest cryptocurrency wallet service provider in the global market, the hash rate of bitcoin rose from 13 exahash to 98 exahash since December 2017. The bitcoin (BTC) hash rate increased by nearly…

Read More
bitcoin Bitcoin Price News Cryptocurrency News 

Bitcoin Price Saturday Spiral Tramples on Short-Term $12,000 Breakout — CCN Markets

Bitcoin price fell sharply on Saturday after failing to break beyond $11,000. | Source: Shutterstock The bitcoin price abruptly dropped by more than five percent $10,949 to $10,204 in the past 24 hours at a point which technical analysts described as a critical moment for bitcoin. The bitcoin price has dropped by more than $500 overnight against the USD (source: As the bitcoin price initially made its way to $10,900, traders anticipated the dominant cryptocurrency to break out of a crucial resistance level and potentially retest $11,400 with the…

Read More
bakkt bitcoin Bitcoin Exchange Cryptocurrency News 

Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant leap toward its official launch by opening up Bakkt Warehouse Custody, which is the arm of the business that will keep big investors’ funds safe while they trade. Bakkt Warehouse custody is live. Now accepting…

Read More
bitcoin Bitcoin Analysis Cryptocurrency News 

Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee — CCN Markets

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: The Token Analyst team traced some of the 94,500 bitcoin to the address of Huobi Global, a major cryptocurrency exchange, but the origins of the rest of the holdings remain unclear. $1 Billion+ $BTC was transferred in…

Read More
bitcoin Bitcoin Analysis Cryptocurrency News Opinion 

Leading Technical Analysis Expert Predicts a Bitcoin Shakeout Before Rally – CCN Markets

The Fear and Greed Index suggests that crypto investors are feaful. In addition, a top analyst believes bitcoin has more downside risk before skyrocketing. | Source: Shutterstock Over the last few weeks, bitcoin has been struggling to stay above $10,000. The bullish steam that pushed the dominant crypto to $13,880 is fading away. Armchair traders are quick to notice the coin’s growing weakness. A pseudonymous trader named Escobar has closed short-term long positions. While doing so, the analyst is also maintaining shorts above $12,000. #Bitcoin 1D TF- Closing short term…

Read More
bitcoin Op-ed Revlon Ronald Perelman 

This Stock’s ‘Infinity Short Squeeze’ Could Put Bitcoin’s Surge to Shame – CCN Markets

This stock might be on the cusp of an “infinity short squeeze” that would put even the bitcoin price’s recent rally to shame. | Source: AP Photo / Mark Lennihan (i), Shutterstock (ii). Image Edited by CCN. If you thought the short squeeze of Beyond Meat stock – which sent BYND over $200 per share – was insane, you haven’t seen anything yet. Here comes an “infinity short squeeze” on Revlon stock. Revlon’s Entire Float is Sold Short Ronald Perelman has amassed an 87% ownership stake in Revlon, and his…

Read More
bakkt bitcoin Bitcoin Analysis Cryptocurrency News sec VanEck 

Are VanEck ‘ETF’ and Bakkt Catalysts to Take Bitcoin to 2019 High Again?

VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: Shutterstock Primarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by the Securities and Exchange Commission (SEC) to date. According to the VanEck SolidX Bitcoin Trust 144A Shares proposal, qualified institutional buyers (QIBs) will be able to purchase publicly quoted DTC-eligible BTC security through a brokerage…

Read More
bitcoin Bitcoin Analysis Bloomberg stock market U.S. Market News 

Global Stock Markets’ Aghast August Dumped 17x Bitcoin’s Market Cap – CCN Markets

A brutal August makes a notable setback for markets home and abroad. | Source: Shutterstock By CCN Markets: August was a brutal month for investors across the world. Global stock markets shed $3 trillion as a dirty cocktail of recession warnings and trade war escalation rocked the markets. To put that into perspective, $3 trillion is 17 times larger than the entire market capitalization of bitcoin, all wiped out in a month. It’s a reminder that bitcoin’s market cap is still a drop in the ocean. A tiny, nascent asset…

Read More