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Bitcoin Basher Nouriel Roubini At Work Again

Bitcoin critic Nouriel Roubini, aka Dr. Doom, hasn’t changed his mind on the utility and intrinsic value of cryptocurrencies. Speaking today at the blockchain and AI-oriented CC Forum in London, he said that most of the cryptocurrencies are volatile and cannot store value. Roubini Vs. Roger Ver In a debate with Bitcoin Cash promoter Roger…

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Ethereum (ETH) is Becoming a “Centralized Cult”

The Ethereum (ETH) leadership is showing signs of becoming a force to be reckoned with, commented bitcoin pioneer Nick Szabo. While Ethereum was inherently democratic, the need to perform a series of hard forks and upgrades has put the developer team in charge. Ethereum Developers Steer Transfer to ETH 2.0 Now, Ethereum has unrolled once…

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Is Lightning Network Suitable For Bitcoin Deposits, Withdrawals?

A Twitter poll by bitcoin evangelist Pierre Rochard discussed whether the Lightning Network is a suitable tool for BTC transactions on crypto exchanges.  Poll Signals to Lightning Network Curiosity Should Bitcoin exchanges enable Lightning deposits and withdrawals? — Pierre Rochard (@pierre_rochard) October 14, 2019 Proponents of LN believe it would be a good fit for…

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CipherTrace’s Blockchain Forensics Service Now Covers 700 Crypto Assets

The transactions of over 700 cryptocurrencies are now searchable via the blockchain analytics offering from CipherTrace. That means more than 87 percent of the top 100 cryptocurrencies by volume can now be traced through the API service, the company said Tuesday. Backed by notable firms like Galaxy Digital, CipherTrace has most recently been involved in…

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Bitcoin’s Smallest Unit ‘Satoshi’ Gets Added To Oxford Dictionary

It’s official – Satoshi, the smallest divisible unit of bitcoin, is now an English word. While it has been used for years among the crypto community, the Oxford English Dictionary (OED) added the term earlier this month. Now It’s Satoshi’s Turn to Refresh English Language The crypto community requires new words to explain different aspects…

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South Korea Aims to Put Trade Finance on the Blockchain by 2021

Trade finance in Korea is headed to the blockchain according to a CoinDesk Korea story and other local press reports. The transition could be completed by 2021, while foreign-exchange transactions are set to be conducted using the technology within months. In terms of trade finance, relevant documents will be shared on the blockchain so they can…

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Bitcoin Sees Little Price Boost from Long-Term Bull Cross

View Bitcoin continues to trade flat despite a bullish crossover of the 100- and 200-period moving averages on the three-day chart – a lagging indicator. BTC may lack clear directional bias for the next few weeks, historical data indicates. Daily and 4-hour charts continue to call a drop to recent lows below $7,800. A break…

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Bitcoin Miners Prepare For 18 Millionth Coin As Just 14% Of Supply Remains

Bitcoin miners will mine the 18 millionth BTC this week, leaving just 3 million left to release before mining stops in the distant year 2140. 3 Million BTC, 120 Years Data from monitoring resource Blockchain confirmed that the total Bitcoin 00 supply had reached 17.92 million as of October 14. According to block calculations, the…

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Facebook Seeking Central Bank Boss to Manage Libra?

Facebook appears to be unfazed by the unrelenting criticism and pressure that is piling on to its crypto domination aspirations. As the US Treasury Secretary waded in with more threats, another Libra Association partner bailed out, and the consortium concluded its first official meeting. Any New Takers For Libra? The Libra Association had its first…

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Binance CEO Eyes BNB Prospects After ETP Launch on SIX

Switzerland’s main stock exchange SIX has chosen to increase its cryptocurrency portfolio by trading a product based solely on Binance Coin. Binance Coin ETP Goes Live On SIX In a blog post issued on October 15, Binance Coin’s issuer, cryptocurrency exchange Binance confirmed it was launching a dedicated exchange-traded product (ETP) on SIX. Trading will…

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