CryptoTraderNews Archives - Page 3 of 20

ThursdayJan 09, 2020 12:40 pm

What is a DAICO?

Traditionally cryptocurrencies have raised funds through the ICO model, but thanks to a lot of scams and lost confidence in that form of crowdfunding, ICOs have become virtually obsolete. In fact, there have been several ICO scams; over 80% of the projects that never even built an MVP. The invested wealth was wiped from the market capitalization as projects failed to deliver anything beyond their whitepaper. Because of these scams and high-risk ventures, legitimate projects have had to adjust from an ICO model and replace it with STOs and eventually IEOs. Which leads us to DAICO. What is a DAICO?…

WednesdayJan 08, 2020 11:57 am

Telegram vs SEC and Questions Surrounding the ICO Money

Uh-oh. Looks like the U.S. Securities and Exchange Commission (SEC) has got Telegram in their sights and they’re starting to ask questions about how Telegram spent their ICO money. Telegram, the Dubai-based messaging app company, raised a record-setting $1.7 billion from investors, the largest ICO after adding $850 million in February. The plan was to sell GRAM virtual coins with proceeds going to create a decentralized network for the app. To date, Telegram hasn’t shared details on what happened to the funds, which caught the SEC’s attention. In fact, the Securities and Exchange Commission filed a court order seeking to…

TuesdayJan 07, 2020 12:39 pm

How to Send Bitcoin Without an Internet Connection

In the past decade there have been several technological advancements and Bitcoin has made P2P digital cash transfers possible, without the involvement of a third party or intermediary. In this day and age it has even become possible to send Bitcoin without an internet connection, and knowing this is more reassuring than anything else. After all, in 2020, Network Censorship is exercised by many democratic governments across the world. Solutions like these help people send and receive Bitcoin any time; any where, and without restriction. For many people, blockchain seems like advanced technology that is too hard to comprehend. But…

MondayJan 06, 2020 12:41 pm

What is Public Key Cryptography?

There are several techniques of encryption, and public-key cryptography or asymmetric cryptography, uses two mathematically related, but not identical keys – a public key and a private key. Usually, algorithms rely on a key to encrypt or decrypt and in public-key cryptography, each key performs a unique function. The public key is used to encrypt and the private key is used to decrypt. What differentiates this encryption mechanism from others is that it is computationally not feasible to derive the private key based on the public key. Public keys are shared freely and this allows users an easy and convenient…

FridayDec 20, 2019 12:35 pm

What is Twitter’s Decentralized Social Media Standard All About?

Social media has become a necessary evil in 2019. This decade was all about the age of the internet and everything that moves fast – from social media to electric cars. Facebook and Twitter have been a sensation of the digital age. With over a billion users, the social media platforms require a lot of personal information from users and there have been instances like the Cambridge Analytica scandal have highlighted identity theft and other issues. Such issues are plaguing big corporations and leaders like Jack Dorsey, CEO of Twitter stand in solidarity with the issue. Jack Dorsey has revealed…

ThursdayDec 19, 2019 12:08 pm

The Best Performing IEO’s in History

2017 was the year of ICOs and 2019 is the year of IEOs. ICOs have traditionally topped the list of methods of fundraising, however the cryptocurrency industry moves fast. The focus has already shifted from traditional methods to IEOs. Initial Coin Offerings were successful back in 2017 and helped projects raised millions of dollars, however there were a bunch of projects that didn’t ever go live and ICOs naturally got a reputation for being scams. The evolution to raising money came in the form of Initial Exchange Offerings and in the list below, we’re sharing the best performing IEOs in…

MondayDec 16, 2019 1:10 pm

The Story Behind Ross Ulbricht and The Silk Road Darknet

If you’re active on crypto twitter you must have come across Ross Ulbricht’s Bitcoin Price Prediction. Shocking as it is, he says that the leading cryptocurrency will shoot to the $100K level in 2020, based on the Elliott Wave Theory, in or near 2020. The last time I looked, Bitcoin was trading around $7,087 so for it to hit anywhere near the $100K range, it would have to jump over 1000%. This could shoot the market capitalization to levels comparable with a safe haven like gold. We have seen massive jump in prices before, during the bull run of 2017…

FridayDec 13, 2019 12:04 pm

Bitcoin-Backed Economies Are Probable

According to Deloitte’s weekly global economy update, the U.S. – China trade war is heating up due to statements and actions made by the United States that could exacerbate the geo-political atmosphere with world-wide effect. With massive losses on Chinese stock exchanges and outflow of investor funds from China, there is no positive end in sight for the global economy as we know it. Leading Asian economies like India have taken a negative stand on cryptocurrencies despite struggling with an economic slowdown. Experts are speculating the causes of the slowdown and possible solutions for breathing life into a dying economy.…

ThursdayDec 12, 2019 1:06 pm

What Is Pantera Capital?

What You Need to Know About Pantera Capital Pantera Capital is a blockchain and cryptocurrency-focused investment firm. The investment entity allocates capital to blockchain ventures, different tokens, and emerging digital currencies a well as digital assets. Pantera Core Belief “We believe digital currency is at an inflection point, making it the right time for a transition to more institutional management.” — Dan Morehead The firm started in 2013, at a time when only a few traditional financial entities and professionals were genuinely involved in the blockchain and cryptocurrency sector. Pantera Capital stepped into the cryptocurrency and blockchain industry at an…

WednesdayDec 11, 2019 1:04 pm

Galaxy Digital Holdings is Still Losing Money

Galaxy Digital Holdings is still losing money – but is anyone really surprised? Just look at the overall cryptocurrency market. It is bleeding and confidence in the crypto markets range from nil to cautiously optimistic. The New York-based firm, which conducts several vital activities such as trading and principal investments, has had a bumpy ride as a publicly-traded entity. Michael Novogratz took the company public through a reverse merger and ran into a bear market. But still, the company traded, made investments, and is still present in the cryptocurrency market today. Further, it seems like Novogratz is taking the long…