The overall transactions on Bitcoin and cryptocurrency networks reached 3.1 billion from the launch of BTC in 2009 to boom times of the past couple of years. In 2019, Bitcoin and Leading Crypto Networks Boosted their Transaction Count All cryptocurrencies marked exponential growth in adoption, reaching a total of 3.1 billion transactions. The total value transferred through those transactions varies, but the high activity hints at more viable use cases and overall adoption. A Reddit […]
When Bitcoin (BTC) drops, other cryptocurrencies drop even more. But some assets erased more value, showing their relatively fragile market gains. BTC Crash Triggered Downward Spiral for Altcoins On Thursday, BTC prices flash-crashed by about 7%. BTC dipped as low as $9,400, before recovering to a new stabilized price range. But the market panic also affected the still-fragile rallies of altcoins. Some cryptocurrencies managed to keep their gains, while others saw a much deeper correction.Read More
Jesus Rodriguez, of Into the Block, recently published some really interesting data on the UTXO sets of Bitcoin and other leading public blockchains. The data gives excellent insight to the actual way coins are being held and moved around by cryptocurrency users. Analysts Leverage UTXOs to Quantify Onchain Data UTXOs are Unspent Transaction Outputs. The easiest way to understand UTXOs is to imagine a cryptocurrency token as a 5 dollar bill. If you buy aRead More The post appeared first on Bitcoinist.com.
Blockchains faced fierce competition in 2019, with only a handful of altcoins remaining in good condition. Now, a new proposal has been made, a hypothetical merger of Dash and Bitcoin Cash. Both Bitcoin Cash and DASH Brands Cause Resentment Bitcoin Cash (BCH) and Dash (DASH) were bandied about as two chains that could merge, producing a “Bitcoin Dash” brand. Amanda B. Johnson, one of the more prominent Dash promoters and a supervisor at DashInvest, has
After many months of speculation as to the whereabouts of Dash ex-Senior Advisor, Moocowmoo, and the location of investors’ funds, it seems he’s finally come out of hiding. Investors Start Receiving Their Shares In a euphoric Reddit post, entitled “Developing story: More and more people reporting they are receiving their shares back,” Dash supporters come out in numbers to rejoice about the magic return of their long lost funds. “Moo has finally been woken from
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Dash CMO, Fernando Gutierrez, has denied that Moocowmoo, a former Dash advisor accused of stealing investor funds on Monday, was ever hired by Dash Core Group. 3 questions however, still remain. Where has Moocowmoo gone? Have investors really lost their money? And what is Dash doing right now to resolve the issue? Moocowmoo ‘Was Never Hired by DCG’ On Monday, Bitcoinist reported doubts over the whereabouts of Dash Core Group Senior Advisor Moocowmoo. Based on
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Has Dash Core Group Senior Advisor MooCowMoo pulled an exit scam with a so-far-unknown quantity of Dash investors’ funds? Here’s what is known so far. Core Advisor MooCowMoo Disappears Senior Advisor for Dash Core Group (@Dashpay), owner of a “Masternode Shares” service, disappears with the funds of several Dash Investors. Dash Core Group tells users to figure it out themselves: “there is power in numbers”.@CoinSpice @coindesk @fluffypony pic.twitter.com/uiuvt9AlJL — DashUncensored (@DashUncensored) December 2, 2019 What
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Privacy coins are facing a threat over the latest regulatory requirements for transparency. Relatively well-accepted assets like Dash (DASH), Monero (XMR), and ZCash (ZEC) will have to comply with almost impossible demands, reported Bloomberg. Anonymity Gets Discouraged Coins that allow the obscuring of transactions and offer wallets with anonymity features may be the next target of regulators. For DASH, XMR, and ZEC, this may be especially damaging, as the three assets are just picking up
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Coinbase Pro confirmed the addition of the Dash (DASH) digital coin to its trading mix, but under certain conditions. New York and the United Kingdom will be exempted from the trading launch, due to various regulatory limitations. Coinbase Restricts Dash Anonymity Features Dash (DASH), a coin with optionally anonymous transactions, will finally be added to Coinbase Pro. The listing of the asset however, does not promise a launch on Coinbase. Usually, assets end up being
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2017 was a record year in cryptocurrency for more reasons than one. Bitcoin blew up. The general public became aware of it pretty much for the first time, ICO mania kicked in, and some altcoins made gains of over 36,000 percent. Check out the top five best performing altcoins of 2017–and why bigger bubbles are on the horizon. 1. XRP +36,008% It’s hard to conceive that any asset (digital or otherwise) could ascend in value
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Senior market analyst at eToro believes that privacy coin usage in Canada will “almost certainly” increase as the country has officially warned citizens to protect their personal information by buying cannabis with cash. ‘Consider Using Cash’ The Privacy Commissioner of Canada has released a guidance document which addresses some of the concerns marijuana users need to address in regard to their personal information Recreational cannabis became legal in Canada on October 17, 2018. However, as of
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Finbitex represents a leading financial services provider, delivering a wide range of cryptocurrency investment products in contracts for difference (CFDs). Combining a diversified product list, comprehensive technology, and broad network, the platform aims to bring unique and convenient trading experience. Finbitex’s Mission The Finbitex trading platform has been conceptualized and developed by a team of dedicated and experienced finance professionals with over 50 years of Forex, Commodities, Cryptocurrency, and Banking experience. The company aims to
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Venezuela set a new Bitcoin trading record last week as the country embraces cryptocurrency more than ever. Venezuela Trades 1075 BTC in 7 Days According to data from monitoring resource Coin Dance, despite continued volatility in the country’s dubious redenominated currency the Sovereign Bolivar, trade volumes for the seven days ending November 3 still beat all previous highs. In total, 1075 BTC ($7 million) changed hands on P2P trading platform Localbitcoins alone, 10 BTC more
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‘Bitcoin and Tasty Meat’ must to many in the crypto community sound like their own personal imagining of heaven. Well they can now realise that dream, thanks to a self-confessed ‘crypto-currency pioneer’ in rural Kenya. Betty’s Place Two years ago Beatrice Wambugu started trading in bitcoin. In a year she had made enough to buy a small Kenyan hotel and convert it to a restaurant. That restaurant, Betty’s Place, serves a popular goat meat barbecue dish called
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Bitcoin trading volumes in stricken Venezuela spiked again last week as one local commentator called claims Dash is making inroads in the country “snake oil.” GóMez: ‘No One Uses Dash’ for Payments Figures from P2P trading platform Localbitcoins gathered by monitoring site Coin Dance show a total of 898 BTC and 877 BTC changed hands for the weeks ending September 22 and 29 respectively. Commenting on the figures, Purse.io head of support Eduardo Gómez described
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BTC price once again has torn through resistance levels and with many October catalysts seems to be on the cusp of a bullish breakout. Could a bull run be on the horizon? Market Analysis The last 3 weeks saw TRIG, VIBE, and INS predicted prior to their Northern price trends and this week an underpriced gem, EVX, which will be analyzed alongside two top privacy coins: XMR and DASH. Everyone is talking about the ETF (exchange-traded fund) when
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On September 24th, Lamassu announced the introduction of their new line of cryptocurrency ATMs to the public. Lamassu calls its new line of ATMs, “Sintra.” The ATMs herald a new line of ATMs as another crucial step in crypto’s march towards widespread consumer use and accessibility. Growing Industry According to CoinATMrader.com, there are currently roughly 3,750 crypto ATMs installed worldwide. Lamassu has been producing cryptocurrency ATMs since 2013 when they produced their first, which was called
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Dash, the 14th-ranked cryptocurrency by market capitalization, is reportedly experiencing increased adoption in Venezuela via an increase in wallet downloads and merchant signups. This surge in adoption comes as the country continues to battle crippling hyperinflation. Prominent Brands Accept Dash in Venezuela According to Business Insider, some global brands like Calvin Klein and Subway have begun accepting Dash payments in Venezuela. Given the unprecedented currency devaluation of the bolivar, as well as the difficulty in
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Privacy-focused coins such as Dash, Monero, and ZCash are controversial as they can anonymize criminals online. However, privacy is important as many people live under the auspices of corrupt governments where such technology represents a beacon of hope. Governments should fear privacy coins as a form of money. The degree of anonymity is startling. Governments should also warm to the non-monetary applications of the underlying technology. There is too much potential for much-needed protection, claims Weiss
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Bitcoin and other cryptocurrencies will dramatically increase the effectiveness of the financial industry. Bitcoin is an efficient alternative in countries with unstable economies, according to a study recently published by Infiniti Research. Cryptocurrencies Impact the Financial Industry The rate at which research reports about Bitcoin and other cryptocurrencies are being published is increasing. The latest piece of research comes from Infiniti Research, a provider of market intelligence, entitled “Top 4 Types of Digital Currency and Their
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