The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin.

In the last month, we’ve seen the United States Federal Reserve come after BitMEX for failing to identify customers, crypto intelligence firm CipherTrace report that most crypto exchanges are not collecting enough user info, and the so-called “FinCEN Files” demonstrate that even large banks that collect and report vast troves of suspicious transactions are not doing enough to unbank the bad guys. Suffice to say, it’s a great time to be alive for compliance hardliners and a rough patch for privacy advocates, aside from a healthy recent boost in the price of Monero (XMR).

... Read more »
Category: News | Views: 57 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)

Experts in the blockchain and crypto industry make their wishes for Bitcoin’s 12th birthday

While the crypto community decides whether Bitcoin (BTC) was born — or merely conceived — 12 years ago, the fact is that Oct. 31, 2008, remains one of the most notable dates in humanity’s modern history. Exactly 12 years ago, Satoshi Nakamoto published what some have described as “a new bible” — Bitcoin’s white paper. Designed as a brand new “purely peer-to-peer version of electronic cash,” many see the creation of Bitcoin as a response to a global financial crisis.

Related: Happy birthday dear Bitcoin: Crypto’s first white paper turns ... Read more »

Category: News | Views: 57 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)

Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today.

The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers maintain full control over its price action.

Although BTC and ETH have been highly correlated in the past, they are now trading fully independent from one another.

This correlation only returns when BTC is showing signs of weakness, which places immense pressure on Ethereum.

The weakness seen by ETH as of late is particularly transparent while looking towards the cryptocurrency’s Bitcoin tradin ... Read more »

Category: News | Views: 50 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)

It’s been a brutal past few days and weeks for altcoins despite Bitcoin’s strength. Top digital assets aside from BTC have plunged a handful of percent, even dozens of percent, against the U.S. dollar, even as Bitcoin hits new year-to-date highs.

This divergence has shocked many investors in the space, especially those that entered the altcoin market late this summer. This pain may eventually end, though, an analyst noted. This same individual added that this may coincide with BTC breaking $14,000.

Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom

Bitcoin to Break $14,000 Once Altcoin Hemorrhaging Ends

Bitcoin analyst “Light,&rdqu ... Read more »

Category: News | Views: 46 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)

For all we don't know about Satoshi, we can tell he loved a touch of theatricality

Satoshi Nakamoto announced the Bitcoin whitepaper on a cryptography mailing list on Halloween 2008. It could be the case that this was a meaningless coincidence, but when we take into account the meticulous planning behind Bitcoin’s launch party, the chosen date begins to look more meaningful.

Halloween is the carnival time, a ritual day when one can pretend to be someone or something else, whether a comic book superhero like Batman or Superman, or another eternally popular choice for Halloween, a Ghost — a spirit, much like Satoshi, that is neither dead nor alive. 

The carnival tradition goes back hundreds, even tho ... Read more »

Category: News | Views: 62 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)

An assessment of Satoshi Nakamoto’s Oct. 31, 2008 paper that “set in motion a revolution in finance.”

Has it only been a dozen years since Oct. 31, 2008, that Satoshi Nakamoto published a modest nine-page paper describing a new online payments system called “Bitcoin?” Depending on where one stands, that pseudonymous white paper — its author(s) remain unidentified — fostered either a fintech revolution or, as some believe, “the greatest scam in history.” 

To mark the anniversary of the publication of “Bitcoin: A Peer-to-Peer Electronic Cash System,” Cointelegraph invited comments on the enduring vision of the paper’s author. Would Satoshi Nakamoto have ... Read more »

Category: News | Views: 60 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)


The United States tax authority doesn't seem to be very efficient when it comes to tracking down who owes crypto taxes — for now.

Crypto income taxation is a murky arena at present. It would seem that even the U.S. Internal Revenue Service, or IRS, has a tough time figuring out who owes what, according to Wendy Walker, solution principal at the tax compliance company Sovos. 

"In the typical tax system, the IRS uses 1099 reporting," Walker told Cointelegraph in an interview. "So, 1099, W2, that tax reporting, it's the primary tool that they use to enforce tax compliance," she added. When people fail to report their crypto activities, the IRS is left with a headache.

In 2019, ... Read more »

Category: News | Views: 63 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)

Bitcoin's hash rate is down on the year, though the price remains largely unaffected.

Even though the Bitcoin (BTC) hash rate has experienced a sharp decline in recent weeks, the head of research at Blockchain .com, Garrick Hileman is not concerned.

Blockchain .com was founded in 2011 by dissenting members of another early crypto start up — Coinbase. It was one of the first providers of Bitcoin analytics, eventually expanding its services to include a non-custodial wallet, exchange, and crypto lending platform. The company also coined the term “hash rate” as a metric that “estimates [the] number of terahashes per second the Bitcoin network is performing."

The Bitcoin hash rate tends to ... Read more »

Category: News | Views: 54 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)


But since things have reversed and Bitcoin has gone on its own individual run, on the ETHBTC trading pair, Ethereum has reached a point of “do or die” according to one crypto analyst. Here are the key levels and factors to look for in the weeks ahead to see if the top altcoin was able to withstand the force of a BTC bull run, or if it gets chewed up and spit out as Bitcoin has done so recently.

Ethereum Approaches Do Or Die Level Against On BTC Trading Pair

Bitcoin has been surging for the last few weeks while altcoins have struggled to come anywhere near close to the top crypto asset’s bullish momentum.
A surge of buying after a key breakout combined with sudden PayPal support and a massive in ... Read more »

Category: News | Views: 49 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)

It’s been a brutal past few days and weeks for altcoins despite Bitcoin’s strength. Top digital assets aside from BTC have plunged a handful of percent, even dozens of percent, against the U.S. dollar, even as Bitcoin hits new year-to-date highs.

This divergence has shocked many investors in the space, especially those that entered the altcoin market late this summer. This pain may eventually end, though, an analyst noted. This same individual added that this may coincide with BTC breaking $14,000.

Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom

Bitcoin to Break $14,000 Once Altcoin Hemorrhaging Ends

Bitcoin analyst “Light,&rdqu ... Read more »

Category: News | Views: 46 | Added by: danyagames2007 | Date: 31.10.2020 | Comments (0)