Crypto News

More U.S. Investors are Holding Cash: Does it Mean a Shaky Dow Jones is Still Very Weak?

Image: Shutterstock From CCN.com: Since January 3, the Dow Jones has recovered by 8.9 percent from 22,868 points to 24,706 points, fueled by the increasing optimism towards China-U.S. trade talks. However, WSJ has reported that the cash holdings of investors in the U.S. are growing at an unprecedented rate, citing the data provided by Thomson […]

Bitcoin

Bitcoin Transferred More Than $3.2 Trillion in Value Last Year

Bitcoin’s (BTC) layer 1 transaction volume in 2018 was $ 3.2 trillion. Furthermore, over $ 2.2 trillionof Bitcoin was traded throughout last year – almost four times more than the amount traded in 2017, despite the falling prices.  $ 3.2 Trillion Transferred Despite Lower Price Twitter account Satoshi Capital Research (@chartingbitcoin) has shared some statistics of Bitcoin’s performance in 2018 […]

Bitcoin

Bitcoin Mining Getting More Decentralized As Bitmain Loses Dominance

Bitcoin mining has become so decentralized that six transaction confirmations now provide “complete protection” against double spending. Data: Mining Monopolies Dwindling That was the conclusion drawn among social media commentators analyzing the latest statistics about the Bitcoin mining industry, which as of January 16 showed no single pool controlling more than 11.4 percent of the […]

Bitcoin

Kraken Received 3 Times More Law Enforcement Requests in 2018

Cryptocurrency exchange Kraken has revealed that it has received three times more law enforcement requests in 2018 compared to 2017. The overwhelming majority of requesting authorities is in the US.  A Chokepoint for Law Enforcement San Francisco-based cryptocurrency exchange Kraken has released an infographic displaying the increasing number of law enforcement requests received in 2018. […]

Crypto News

More Than 15% of Crypto Projects Have Serious Red Flags: Wall Street Journal

According to new research from the Wall Street Journal, more than 15% of crypto projects raising funds through initial coin offerings (ICOs) have serious red flags that should give investors pause. The investigation, which analyzed the whitepapers of 3,300 cryptocurrency offerings and ICOs launched in 2017 and 2018, found that 513 of them likely committed plagiarism, […]