The crypto space has become an interesting area with a lot of excitement. Crypto Twitter accounts exploded in the last years following the big interest in bitcoin and cryptocurrencies. In Q4 2017 the ICO mania exploded and all those ICO-s were hungry to reach the biggest audiences possible. EOS raised 4 billion dollars during their crowdfunding period. At the same time, more bitcoin and cryptocurrency blogs and media outlets popped up providing guides and news about cryptocurrencies. Meanwhile serving the crypto community and educating them about the new technology, those websites became a great media asset for advertising while the…

There are currently approximately 23 million bitcoin wallets in the world. Most of these wallets are almost empty. Digital asset research firm Delphi analyzed 22.9 million bitcoin addresses, which basically hold a small amount of bitcoin, but most are less than $100. Delphi said that there may be cases where a single user holds multiple addresses. Users can spread their bitcoin across multiple addresses, so 22.9 million addresses do not represent 22.9 million bitcoin hodler. Of the 22.9 million bitcoin addresses, 50% of the bitcoin addresses contain less than 0.001 BTC. In addition, only 20% of addresses hold more than $100 in bitcoin. In other…

The World Bank disclosed in its latest report that India received the largest remittances in 2018, with $80 billion coming from overseas. At the same time, users paid $4 billion for the payment service. There are too many checkpoints in the middle of the current remittance model. If a person wants to transfer money from New York, USA to New Delhi, India, his funds will go through several intermediaries in the payment corridor. A local bank will first remit funds to a bank partner in London. There, the payment will wait a few days for confirmation and then travel to, for example, Dubai, the…

In the past week, many people have noticed that a big whale suddenly transferred nearly 850,000 BTCs, which are worth billions of dollars based on current prices. On last Tuesday, the 66,452 BTC in the address 1PnMfRF2enSZnR6JSexxBHuQnxG8Vo5FVK was directly transferred to another address, and then evenly distributed to 100 addresses, each containing 662.52 BTC, and the other address received 200 BTC. According to BitInfoCharts, this address was once the ninth bitcoin address. In addition, another whale address (containing 66,379 BTC) began to split in the same way and was distributed to another 101 addresses. A few days later, we found that some…

Everyone who is still in the crypto market remembers when the Chicago Mercantile Exchange (CME) launched Bitcoin futures on 17 December 2017, that day the price of Bitcoin hit the top at $20,000 and after that started the downside, a downside that has kept going a year. Today, the price of Bitcoin is $3,600 and bears are still in charge. The launch of the Bitcoin futures on CME and the intense fall in Bitcoin’s price isn’t a coincidence. The paper Bitcoins being printed on CME are suppressing the bitcoin price. Doing this CME is increasing their role to set the price of…

During the 2018 bear market where bitcoin price plunged more than 80% from the ATH in December 2017, Bitcoin difficulty has been increasing steadily. Now seems that time came for the difficulty to feel the drop like all the cryptocurrency ecosystem. According to data from Blockchain.com, the drop is by 15% in hash rate and mining difficulty. The hash rate is the total computing power in the bitcoin network and the difficulty is how easy is to mine a block. Many speak about bitcoin death spiral in case miners stop mining bitcoin. But bitcoin by design is coded in a…

The French movement (Yellow Jackets) and many people which are protesting from several days seem to be a decentralized movement which has no leader, no framework, no people in charge to be intimidated or crush the movement. Does this remind you about something? Maybe they got inspired by Satoshi and Bitcoin! The protest in Paris is an interesting development in the world economics. People have enough of the inequality created by governments doing bad monetary policies. People in Frace are suffocated by taxes and wages had not been raised in the last 10 years meanwhile the prices continue to increase…

Three new cryptocurrencies have been listed recently on Coinbase, 0x, BAT and ZEC. All resulted in pumps and dumps as usually happens and there is no surprise to that. But it is important to point to a new thing tied to this new listing on Coinbase and it is that new listings are being paired only by USDC and this thing may raise many questions. Stablecoins are trying to overcome Bitcoin’s dominance USDC or USD coin is a dollar-pegged ERC20 token created from Circle and Coinbase. It has been intended to compete with Tether which has been entangled in a lot of…

Today November 29 Bloomberg reported a police operation in the headquarters of the Deutsche Bank with two employees suspected for involvement in money laundering. The stock fell almost 5% following the scandal. Deutsche Bank is known for its criticism to bitcoin calling it a risk for criDeutschectivity. The bank has been reported many times for links to the Panama Papers scandal, and they paid more than $18 billion in fines the last 10 years. Bloomberg reported citing prosecutors: Deutsche “may have helped customers in setting up seaward organizations in assessment sanctuaries.” They also added: “Money obtained illegally may have been transferred to…

Going under $ 4,000 for the first time this year, bitcoin is down by more than 80% compared to the all-time high back in December 2017 when the price hit the $20,000 mark. While the price of bitcoin and other cryptocurrencies rose last year, most of this rise, more than 20 times, was driven by men. One Google search analysis pointed out hat 95% of people who were searching for the term “Bitcoin” were male, while 5% only were women. These results seem to be shifting to other cryptocurrencies too like Ethereum for example. Women make only 4% of the Ethereum…

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