CryptoTraderNews Archives - Page 16 of 20

MondayJun 17, 2019 12:24 pm

How Lost Bitcoins Affect the Market In The Long-Term

Losing your keys is one thing, losing your bitcoin? That’s another thing entirely. Why? While your car keys may be found, your bitcoins may be gone for good. Depending on how these bitcoins were lost, they may never ever be recovered. Your bitcoins may simply disappear into bitcoin purgatory never to find an active wallet to call home. This should certainly have an impact on the market price. There are only 21 million bitcoins. After the last bitcoin is mined, no more should be minted. With lost bitcoins, the scarce digital asset, should become even more scarce pushing the price…

FridayJun 14, 2019 11:01 am

Why Bitcoin Forks Are Destined to Die

When you think about Bitcoin, what comes to mind? If you’re like most people, probably literal stacks of money. Especially since Bitcoin prices are starting to rebound again. But which cryptocurrency comes to mind when you think of Bitcoin? Is it the original Bitcoin (BTC) or one of its illegitimate offspring? Bitcoin Cash (BCH) Bitcoin Gold (BTG) Bitcoin SV (BSV) Chances are, you don’t think about any of these when you think of Bitcoin. After all, they’re not really Bitcoin, are they? They’re Bitcoin forks, and unfortunately, there’s an entire graveyard of failed forks. Why Do Bitcoin Forks Fail? Like…

ThursdayJun 13, 2019 12:28 pm

What’s Up with Facebook and Cryptocurrency?

It’s complicated When it comes to volatile relationships, nothing beats Facebook’s stance towards cryptocurrency. The social media giant went from neutral to somewhat supportive, then they turned around and banned cryptocurrency from being advertised on their platform. Then, last month, they reversed their anti-cryptocurrency ban and scaled back restrictions on blockchain and crypto advertisements. And here’s the kicker. They’re starting their own cryptocurrency too. Of course, this isn’t exactly breaking news. Facebook has always toyed with the idea of developing their own digital currency, even as they suppressed crypto’s presence on their actual platform. But Facebook isn’t just talking about…

WednesdayJun 12, 2019 9:55 am

Did India Just Try to Ban Crypto?

Unless you’re completely new to cryptocurrency, you already know that governments being averse to the technology is nothing new. In fact, it’s almost expected. The technology is still new, and with the exception of a handful of countries that have chosen to embrace cryptocurrency, most are still apprehensive to it. There have been countless times where the markets came to a grinding halt as the world waited to hear what the United States, China, or South Korea would say about cryptocurrency. Sometimes, the markets even tanked because of it. None of the previous policies against cryptocurrency by a major country…

TuesdayJun 11, 2019 9:51 am

How Crypto Should be Regulated

The world of crypto should embrace regulation! Now, I know “regulation” is a dirty word and some of you are likely already cursing my name. Yes, it’s a touchy subject for many within the industry but hear me out for a few minutes… there’s a method to my madness I assure you. So don’t hang me just yet, it may not be quite what you think. A good bit of what I’m about to say may well not be very popular among a portion of readers and while admittedly my opinion shouldn’t be the sole reason you change your views…

MondayJun 10, 2019 10:23 am

Binance and the Cred Partnership

The prominent exchange, Binance, can’t seem to take a day off. The company, led by its disparate and distributed intelligent team has deployed the Binance Chain, hosts IEO’s, and adds partnerships on a regular basis. The latest partnership is with Cred, another player in the growing crypto-based lending market. Binance and Cred According to a recent press release, the two companies will collaborate and propel decentralization in finance. Cred will allocate a small segment of its ERC20 LBA tokens to the Binance Chain. According to Binance leadership and CEO, CZ “We share Cred’s global mission to offer financial services that…

FridayJun 07, 2019 10:49 am

4 Reasons Why We Need Cryptocurrencies

Technology has been incorporated into almost every aspect of our lives and while some people are inherently resistant to change, in general the benefits have far outweighed any downsides. From the Internet of Things (IoT) giving us better control over our homes, security, and utility usage, to the widespread adoption of wifi and so much of the world being available at our fingertips, the tech world continues to amaze and innovate. When it comes to cryptocurrencies however, there are still many would-be investors that are not only hesitant to enter the industry at this point, they’re still unclear on why…

ThursdayJun 06, 2019 10:20 am

Are Banks and the US Dollar Safer Than Crypto?

One of the biggest barriers preventing cryptocurrency from being adopted by a mainstream audience is safety. To the average person, crypto is the unknown. They don’t understand how it works and why it’s different than the traditional financial systems they’re used to. On top of that, crypto has built a reputation of being unsafe due to: Its popularity with scammers, hackers, and people buying illegal drugs. Market volatility and pump-and-dump investment groups. Its connection with failed blockchain startups managed by reckless and/or incompetent teams. Needless to say, the crypto community has earned its reputation. But does that mean it’s true?…

WednesdayJun 05, 2019 12:42 pm

How Do You Define a Good Exchange?

If you’re going to do any real cryptocurrency trading, you’ll need to register to an exchange that trades tokens and cryptocurrencies. But not every exchange is created equally. Some are great for trading ERC20 tokens, others are good for trading with fiat money… and some are simply not good at all. But what makes a good exchange and how do you spot one? If you’ve been in the industry for an extended period of time, you’ve probably gotten a feel for good and bad exchanges through your own trial and error. But if you’re completely new to the game, picking…

TuesdayJun 04, 2019 10:14 am

ETH vs BNB

Most people know that the market is heating up, as such, they would want to make certain that they allocate their funds in a proper manner. If one wanted to make their life a bit easier, they would hold on to coins that would have wide exposure to the entire industry. Coins that have had wide exposure in the past would be bitcoin and Ethereum. We can still argue that bitcoin and Ethereum have large exposure to the entire digital asset space, but we also know that a few more tokens may also meet these criteria. These tokens are the…