Research: Cryptocurrencies Are Extremely Volatile and Unpredictable, Excess of Altcoins Will Drag Down Bitcoin

Research: Cryptocurrencies Are Extremely Volatile and Unpredictable, Excess of Altcoins Will Drag Down Bitcoin

A recent research published by the Federal Reserve Bank of ST. Louis further strengthens the notion that the prices of cryptocurrencies are extremely volatile and, as such, cannot be predicted correctly. The ongoing bear market at the crypto sphere has given rise to several predictions and conclusions about the crypto market, especially the Bitcoin market in a sphere where many other cryptocurrencies (altcoins) exist as well. Some people are of the belief that the crypto…

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Unknown Miners Increasingly Take a Bigger Part of the Bitcoin Mining Pool

Unknown Miners Increasingly Take a Bigger Part of the Bitcoin Mining Pool

There are three primary methods of crypto mining for an individual miner: mining by oneself, joining a mining pool and joining a cloud mining. Mining by oneself and joining cloud mining aren’t as popular as pool mining due to higher hardware requirements and whooping power consumption. However, Things have also started to change for pool miners as a major share of Bitcoin miners belongs to some unknown miners. According to recent data, unknown miners who…

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Parents Ask for Bitcoin Donations to Newborn Baby’s College Fund in Newspaper Ad

Parents Ask for Bitcoin Donations to Newborn Baby’s College Fund in Newspaper Ad

A lot of parents set aside each month a little money for their children’s college fund, and many are doing so from very early on of their child’s infancy. But very few are asking for donations for their newborn’s future education, even less so in a public media outlet, and only one couple to date has done so via cryptocurrency. On January 6th, 2019, Izabella Anna Bowles was born. Shortly thereafter, her full name was…

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Up to the Task? Bitwise Files for a Bitcoin ETF After a Year of Thorough Research

Up to the Task? Bitwise Files for a Bitcoin ETF After a Year of Thorough Research

An exchange-traded fund (ETF) has been touted as the holy grail of the global crypto ecosystem, yet there is no approved ETF in the space. Bitcoin ETF has been filed several times and it has been denied just as many times as it was filed. The U.S. Securities Exchange Commission (SEC) claims crypto firms are yet to satisfy relevant requirements. Having prepared for about a year, Bitwise Asset Management has announced on January 10 that…

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Japan Explores Crypto ETFs after Snubbing Bitcoin Futures

Japan Explores Crypto ETFs after Snubbing Bitcoin Futures

Cryptocurrencies have had a rough 2018. A yearlong sellout has been crushing for a large portion of the investors who were hoping for prices to recover after the January 2018 plunge. Moreover, cryptocurrencies’ continued association with stories of fraud and money laundering related crimes have not helped in improving their image. This caused authorities across the world to clamp down on the digital assets market and block, ban or bar most of them from trading…

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Street Artist Pboy Hides $1,000 in Bitcoin Inside Paris Protests Mural

Street Artist Pboy Hides $1,000 in Bitcoin Inside Paris Protests Mural

As cryptocurrency becomes more popular and more grounded on the financial scene, it is also securing its place in popular culture, including street art. Well known street artist Pascal Boyart (also known as Pboy) has produced a mural painting in Paris, that depicts the protests that have been occurring in France over the last few months. The mural also contains a puzzle with $1,000 worth of Bitcoin hidden within. The protests started on November 17…

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Bitcoin Hardware Company Canaan Considers Filing for IPO in the US

Bitcoin Hardware Company Canaan Considers Filing for IPO in the US

Rumors originating from sources close to the issue claim that Canaan Inc is considering an initial public offering (IPO) in the U.S. Canaan Inc is a computer hardware manufacturer based in Beijing, China which produces application specific integrated circuits used in Bitcoin mining. In November it was reported that Canaan Inc let their application for a Hong Kong initial public offering (IPO) lapse. The application was filed six months prior; however, it was rumored that…

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Young Coin Master Angers Hong Kong Investors; Accused of HK$3 Million Fraud

Young Coin Master Angers Hong Kong Investors; Accused of HK$3 Million Fraud

In mid-December, we covered the story of cash falling from the sky in Hong Kong. A video of the incident posted online shows a hooded man throwing cash from a rooftop, with onlookers scrambling to grab the cash. Police were called to the scene and told the public not to pick up the cash. Officers collected HK$5,000. Although the man conducting the stunt was not identified, many people believed it to be cryptocurrency businessman Wong…

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CoinFLEX Joins Other Crypto Exchanges in the Race for Physical Bitcoin Futures

CoinFLEX Joins Other Crypto Exchanges in the Race for Physical Bitcoin Futures

The competition just got a lot fiercer for Intercontinental Exchange (ICE), the parent of the New York Stock Exchange, as a new crypto exchange joins others in the race for physical Bitcoin futures. It will be recalled that ICE has been working closely with the CFTC for a while now, with the hope to get approval for physical Bitcoin futures. The firm announced last year that they have completed their first fundraising and are ready…

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Bitcoin Will Rise Again: Weiss Ratings Predict the Fate of the Cryptoverse in 2019 and Beyond

Bitcoin Will Rise Again: Weiss Ratings Predict the Fate of the Cryptoverse in 2019 and Beyond

With what is safe to call a rough year, especially for crypto investors, crypto enthusiasts are on the look for what the future holds for them and their dear kingdom, the Cryptoverse. Fortunately, Weiss Cryptocurrency Ratings took the time to carefully curate what we can call 7 crypto forecasts for the year 2019 and beyond. The agency curated these predictions from two models. The Cycles Model which functions by estimating the timing of major market…

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