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Beiträge von Alfredo Showtimer

USDT ERC-20 Trading Now ‚Dominant Vehicle‘ For Tether

Tether has moved almost all of the activity of the USDT stablecoin to the Ethereum network. Analysis shows that most coins were active on Ethereum, with only residual activity on the Bitcoin Omni layer. Retail Traders Adopt New Type of USDT While Tether completed the switch, there were no significant mintings of new coins. Most…

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Bank of Canada to Fight Crypto with Own Digital Currency

The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control. However, governments…

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Crypto Market Looks Primed for Bearish Q4 as Trading Slumps

The state of the crypto market is positively dire right now, as trading across various retail and institutional platforms show marked declines. Despite hopes of halloween rallies and historical bull markets, everything seems to be pointing towards a bearish Q4. P2P Bitcoin Transactions Register a Drop Bitcoin’s price is currently consolidating after a whirlwind of…

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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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Monero (XMR) Adopts New PoW Algorithm to Fight Off ASICs

Monero (XMR) has to deal with the inflow of specialized ASIC machines taking over mining on its network. After several ASIC-disabling forks, which slightly tweaked the CryptoNight mining algorithm, Monero is planning to switch to an entirely different proof-of-work algorithm to remain resistant. Monero Plans Third ASIC-Disabling Upgrade Toward the end of October, Monero plans…

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Bitcoin Weekly Price Stays in the Green Despite Tough Week

Bitcoin price has somehow managed to remain in the green over the past 7 days despite a string of unfavourable events. Regulators remain hawkish, tax authorities are tightening their grip and Facebook’s Libra is back under scrutiny again. Bitcoin Holds Fast as Regulators Swoop In on Libra, Telegram Just ahead of the weekend, the market…

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