The United States Congress is taking a fast growing interest in cryptocurrency and blockchain technology. In the past year alone, Congress has: Formed the Congressional Blockchain Caucus (“CBC”) to help the development of blockchain technology and leverage the benefits of blockchain for the American people; Introduced a bill to encourage… Continue reading
This article analyzes the effect of Binance listings on a cryptocurrency’s price. During 2018, Binance has generally been the first or second highest overall volume cryptocurrency exchange in the world. Such high volume can increase demand for a cryptocurrency and thus increase the price of the cryptocurrency, especially on the… Continue reading
The March 2018 United States Joint Economic Committee Report officially endorses the future of blockchain technology and cryptocurrency in the U.S. Chapter 9 of the report discusses blockchain, and is titled “Building a Secure Future, One Blockchain at a Time.” Chapter 9 begins by saying Blockchain is “not only nearly… Continue reading
The crypto community often praises decentralization as one of blockchain’s strongest features. According to Ethereum creator Vitalik Buterin, “Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastructural central point of failure) but they are logically centralized (there is one commonly agreed state and the system behaves like a single… Continue reading
Cryptocurrency markets are crashing and you may be asking why. Update 2: Binance announces they have localized irregular trades and will reverse them. Funds are safe because of their alarm system. Update: Binance announces all funds are safe. Irregularities in trading activity triggered automatic alarms. The investigation continues. Many user accounts… Continue reading
Bitcoin is in a downward trend at the moment. Each day that goes by, Bitcoin’s trend reversal ceiling moves down slightly – about $122 per day. When Bitcoin breaks through the downtrend ceiling (green line), we will hopefully begin to see more growth and a strong market recovery. At Bitcoin’s… Continue reading
