Latest Articles from : Nick Chong

Since the value of Bitcoin began to recede in early-2018, investors from across the globe have sought to find a silver lining to latch onto. However, with initial coin offerings (ICOs) seeing less than adequate amounts of interest, security tokens failing to pick up steam, and corporations remaining hesitant to adopt blockchain-based technologies, investors have.
Nick Chongnewsbtc ·  
When an overwhelming number of cryptocurrency investors thought it couldn’t get any worse, it did. Bitcoin (BTC), after falling under $5,800 on November 14th, continued lower on Monday and Tuesday morning, moving under a multitude of supposed support levels at $5,000, $4,800, and, most recently, $4,400.
Nick Chongnewsbtc ·  
As Bitcoin (BTC) fell further on Monday, finding itself under $5,000 in a first for 2018, industry savants quickly took to crypto’s side, in spite of the growing bearish sentiment. Surprisingly, a crypto-friendly partner at Washington, D.
Nick Chongnewsbtc ·  
After four days of discourse, banter, and endless rivers of salt, a number of crypto exchanges have declared that Bitcoin ABC (ABC), Roger Ver and Bitmain CEO Jihan Wu’s preferred Bitcoin Cash client, will officially obtain the “BCH” crown, instead of Craig Wright and Calvin Ayre’s Bitcoin Satoshi Vision (SV). Kraken, Huobi Crown Winner in […].
After four days of discourse, banter, and endless rivers of salt, a number of crypto exchanges have declared that Bitcoin ABC (ABC), Roger Ver and Bitmain CEO Jihan Wu’s preferred Bitcoin Cash client, will officially obtain the “BCH” crown, instead of Craig Wright and Calvin Ayre’s Bitcoin Satoshi Vision (SV). Kraken, Huobi Crown Winner in.
Nick Chongnewsbtc ·  
Unfortunately, as cryptocurrencies capitulated throughout the week, losing upwards of 15-20% of their value, so did the news cycle. However, it isn’t all doom and gloom, as there were still a handful of developments indicating that the crypto and blockchain industry is far from dead in the water.
Unfortunately, as cryptocurrencies capitulated throughout the week, losing upwards of 15-20% of their value, so did the news cycle. However, it isn’t all doom and gloom, as there were still a handful of developments indicating that the crypto and blockchain industry is far from dead in the water.
Nick Chongnewsbtc ·  
To the chagrin of Craig Wright and his camp, it has become increasingly apparent that Jihan Wu, Roger Ver, and their compatriots at Bitcoin ABC have taken a leading position in the Bitcoin Cash “Civil War. ” So, after weeks, if not months of trash talking, crypto’s most recent shouting match has begun to come to a screeching.
Nick Chongnewsbtc ·  
After remaining stagnant at $6,400 for the better part of a season, Bitcoin (BTC) finally saw an awakening on Wednesday, as the now-1o-year-old crypto asset saw an influx of trading pressure.  However, as many feared, this awakening, while powerful in its own right, wasn’t the one that many optimistic crypto investors were hoping for.
Nick Chongnewsbtc ·  
The jaws of crypto investors fell to the floor on Wednesday, as cryptocurrencies, such as Bitcoin, Ether, and XRP, plummeted to establish new year-to-date lows. Although some cynics feared this rapid bout of capitulation for months, for many investors, this strong sell-side pressure, which saw BTC fall under $5,800, came straight out of left field.
Nick Chongnewsbtc ·  
After a year of near-non-stop action, the crypto market has finally slowed to a snail’s pace, with prices grinding to just shy of a halt. While many have claimed that this non-action is here to stay, a multitude of analysts are adamant in their claims that Bitcoin (BTC) and its altcoin brethren are on the.
Nick Chongnewsbtc ·  
Marc Andreessen, one of the internet’s foremost entrepreneurs and investors, has recently doubled-down on his pro-Bitcoin sentiment, divulging that cryptocurrency is a “fundamentally new and very important concept. ” This notable nod of acceptance from such a luminary indicates that this budding industry continues to pick up steam, even whilst the crypto market continues its tightrope walk.
Nick Chongnewsbtc ·  
It goes without saying that Galaxy Digital, a digital asset-centric merchant bank, has been beaten and bruised in recent months. Months ago, to remain coherent with its appearance on the Toronto Stock Exchange, the startup was required to divulge its Q1 balance sheet, which wasn’t pretty, to put it lightly.
Nick Chongnewsbtc ·  
The crypto market may have stagnated, but this industry’s innovators have continued to incessantly beat the “BUIDL” drum, as pro-crypto developments were as present as ever throughout the past week. Crypto-Friendly Governors Elected In Colorado, California To many crypto savants, the modern political scene, which promotes centralization and censorship in some cases, is far from a topic […].
The crypto market may have stagnated, but this industry’s innovators have continued to incessantly beat the “BUIDL” drum, as pro-crypto developments were as present as ever throughout the past week. Crypto-Friendly Governors Elected In Colorado, California To many crypto savants, the modern political scene, which promotes centralization and censorship in some cases, is far from a topic.
Nick Chongnewsbtc ·  
Although many pundits disagree on the short-term prospects for digital assets, the push for adoption is a bandwagon that crypto investors, insiders, and leaders alike can easily hop onto. Hence why many were over the moon, so to speak, when Changpeng Zhao revealed that Binance Coin (BNB), an ERC20 token on Ethereum, could be used.
Nick Chongnewsbtc ·  
As 2019 looms, analysts have sought to discern where the crypto market could be heading next. While bearish sentiment is still a common sight, a growing number of industry pundits have overtly expressed their opinion that 2018’s crypto winter is on the verge of kicking the bucket.
Nick Chongnewsbtc ·  
When cryptocurrency enthusiasts discuss adoption — the crypto industry’s buzzword of 2018 — the names of bigwig institutions, household corporations, and prominent executives and investors are often thrown around. So, it should come as no surprise that the entire crypto community was rattled when William Shatner, known for his portrayal of Star Trek’s James T.
Nick Chongnewsbtc ·  
To many crypto savants, the modern political scene, which promotes centralization and censorship in some cases, is far from a topic of importance. But, as Tuesday’s U.
Nick Chongnewsbtc ·  
MetaMask, the startup behind a world-renowned Ethereum client, recently announced an array of features aimed at bettering the consumer experience and bolstering the adoption levels of crypto assets. ConsenSys-backed MetaMask Rolls Out Privacy Mode During Ethereum’s earliest days, when the network will still amidst its “Frontier” phase, many users struggled with interacting with the blockchain’s smart.
Nick Chongnewsbtc ·  
After months in a seemingly endless downtrend, which saw the aggregate value of all crypto assets see a 75% haircut, analysis done by one of this industry’s best illustrates the fact that this market could finally be undergoing a breakout. “Output: Bullish” Contrary to popular belief, the crypto market’s relative non-action, which saw the volatility levels […].
Just days after Vitalik Buterin, co-founder of the Ethereum Foundation, discussed the “Serenity Protocol” in front of Devcon4’s crowd of thousands, a consortium of four crypto researchers unveiled a draft whitepaper pertaining to CBC (Correct-By-Construction) Casper, which aims to solve Ethereum’s scalability concerns through Proof of Stake (PoS). While the technical document is in its.
Nick Chongnewsbtc ·  
After months in a seemingly endless downtrend, which saw the aggregate value of all crypto assets see a 75% haircut, analysis done by one of this industry’s best illustrates the fact that this market could finally be undergoing a breakout. “Output: Bullish” Contrary to popular belief, the crypto market’s relative non-action, which saw the volatility levels.
Nick Chongnewsbtc ·  
Amid 2017’s roaring bull run, which saw the crypto market’s value swell from $20 billion to $800 billion, institutional players, such as hedge funds and endowments, were evidently hesitant to step foot in this industry.  But now, analysis done by Morgan Stanley indicates that institutions have begun to accumulate crypto en-masse, presumably due to the fact.
Nick Chongnewsbtc ·  
Although the world-renowned Binance Exchange, which facilitates crypto-to-crypto transactions, has seen waning demand as of late, the startup has forged ahead and has made notable strides in the fiat-to-crypto realm. Reports indicate that Binance’s Uganda branch, which went live last week, has already seen a proverbial boatload of interest, leading to the obvious, but pressing question […].
Although the world-renowned Binance Exchange, which facilitates crypto-to-crypto transactions, has seen waning demand as of late, the startup has forged ahead and has made notable strides in the fiat-to-crypto realm. Reports indicate that Binance’s Uganda branch, which went live last week, has already seen a proverbial boatload of interest, leading to the obvious, but pressing question.
Nick Chongnewsbtc ·  
It goes without saying that 2018 hasn’t treated the crypto market all too well. The value of all altcoins, along with Bitcoin, have collectively fallen by over 70%, with retail trading volume falling by a similar figure.
Nick Chongnewsbtc ·  
Amid a declining market, one of the crypto industry’s foremost events recently flew under the radar of many investors. The event, Devcon4, an Ethereum-centric event attended by some of this industry’s best and brightest, highlighted the fact that while the market is tanking, crypto’s fundamentals are booming beyond belief.
Nick Chongnewsbtc ·  
In spite of their relative youth, security tokens have been lauded as the inevitable future of the crypto and blockchain industry. While some pundits would beg to differ, security tokens moved a step closer towards global adoption on Thursday, as it was revealed that Bithumb has plans to launch a cutting-edge U.
Nick Chongnewsbtc ·  
Today, on October 31st, 2018 — a date that many decentralists have been clamoring for — Bitcoin, the world’s first internet-connected autonomous network, has officially reached the youthful age of 10. While Bitcoin has been lauded as a resounding success in recent years, initially, as covered in this series’ previous edition, “Bitcoin Turns 10: A […].
Today, on October 31st, 2018 — a date that many decentralists have been clamoring for — Bitcoin, the world’s first internet-connected autonomous network, has officially reached the youthful age of 10. While Bitcoin has been lauded as a resounding success in recent years, initially, as covered in this series’ previous edition, “Bitcoin Turns 10: A.
Nick Chongnewsbtc ·  
Just shy of 10 years ago, on October 31st, 2008, Satoshi Nakamoto, the pseudonymous creator of the now-world-renowned Bitcoin project, sat down to release a technical paper on what is arguably the most important innovation in human history. Bitcoin Origins As you may (or may not remember), this paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” […].
Just shy of 10 years ago, on October 31st, 2008, Satoshi Nakamoto, the pseudonymous creator of the now-world-renowned Bitcoin project, sat down to release a technical paper on what is arguably the most important innovation in human history. Bitcoin Origins As you may (or may not remember), this paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,”.
Nick Chongnewsbtc ·  
When it comes to loyalty to crypto-related technology, a majority of innovators in this industry, many of which are diehard decentralists, would go to the ends of the Earth for their craft. However, in a recent Bloomberg interview, the founder of one of the crypto space’s foremost startups claimed that this innovation is nothing more.
Nick Chongnewsbtc ·  
Declining volatility in crypto markets has allowed startups, investors, and industry leaders to slow down, and postulate about the future of this nascent industry, catalyzing a series of positive developments. For one, in the past week, certain crypto-centric entities were awarded wheelbarrows of regulatory traction, with leading governmental agencies from Japan and the U.
Declining volatility in crypto markets has allowed startups, investors, and industry leaders to slow down, and postulate about the future of this nascent industry, catalyzing a series of positive developments. For one, in the past week, certain crypto-centric entities were awarded wheelbarrows of regulatory traction, with leading governmental agencies from Japan and the U.
Nick Chongnewsbtc ·  
When Bitcoin was debuted in October of 2008, the world’s first cryptocurrency was slow to garner traction. At the time, only the most eccentric internet users were willing to allocate capital, time, and brain power to bolster the development efforts of the Bitcoin Network, the first true blockchain/decentralized database.
Nick Chongnewsbtc ·  
Amid Mastercard’s unexpected push for a patent outlining “fractional reserve” banking for crypto assets, the CEO of Visa has claimed that cryptocurrencies aren’t a pertinent threat to the stability of legacy financial systems. Al Kelly: Bitcoin, Cryptocurrency Aren’t Immediate Threats To Visa Months after claiming that the “sun has set” on Bitcoin and crypto assets,.
Nick Chongnewsbtc ·  
To the dismay of decentralists, the relationship between traditional institutions and the crypto world has always been one-sided, with the former group consistently having the upper hand over the latter. However, with the arrival of crypto-backed debit and credit cards, some are claiming that the tables are poised to turn.
Nick Chongnewsbtc ·  
Betting on an impending crypto bull run, a number of prominent investors have recently thrown mounds of capital at promising cryptocurrency and blockchain startups. Canada’s very-own Kevin O’Leary, once a controversial prime minister candidate, has jumped on the bandwagon, investing a large sum of fiat in up and coming crypto application.
Nick Chongnewsbtc ·  
In spite of Jeremy Allaire’s cries for the G20 to manage the crypto industry with global action, the startups backing this nascent industry have continued to rapidly gain regulatory traction in New York State, arguably the world’s foremost financial market. New York Regulator Awards Coinbase With Custodian License When it comes to financial capitals of.
Nick Chongnewsbtc ·  
While a majority of crypto-related news is sculpted for public consumption, in juxtaposition to the transparency that public blockchains provide, recently-released documents from the U. S.
Nick Chongnewsbtc ·  
Even amid bearish market conditions, the regulatory status of crypto assets remains a hot-button topic, as global governments attempt to discern how to best approach this emerging market. Leading the charge for fair regulation is arguably the U.
Nick Chongnewsbtc ·  
On early Monday morning, Changpeng Zhao, the world-renowned chief executive of Binance, announced that he was going to reveal “one more piece of good news” for his 233,000 Twitter followers. Just 12 hours after his tweet, which he jokingly referred to as a “pre-announcement of an announcement,” Bloomberg divulged that Vertex Ventures had invested in the popular.
Nick Chongnewsbtc ·  
Since Bitcoin’s infant years, the cryptocurrency industry has been likened to the earliest stages of the internet’s development on a variety of platforms. This eerie comparison has only become more apparent, with a leading crypto investor recently pointing out that the long-term prospectives of this nascent space could be bolstered by the current sell-off, which.
Nick Chongnewsbtc ·  
Over the decade-long history of Bitcoin, the popular digital asset has been called everything from a money launder’s tool to the first-ever truly global currency. But, although Bitcoin’s definition has undoubtedly changed over the years due to the whims of investors and industry leaders, many still believe that BTC is on the cusp of becoming digital gold.
Nick Chongnewsbtc ·  
To say that these past seven days were bullish for crypto would likely be an understatement. Fidelity and Goldman Sachs, two prominent Wall Street giants, doubled-down on their cryptocurrency efforts, while already-established companies in this industry continued their unbridled expansion efforts.
Nick Chongnewsbtc ·  
Even in the thick of 2018’s crypto bear market, a related subsector has seen an unprecedented boom, with institutions throwing millions of dollars at a well-recognized over-the-counter (OTC) player in the cryptocurrency market. Institutions Borrow $553 Million In Crypto In 6 Months Per a brief report from New York-based Genesis Global Capital, titled “2018 Q3 Digital.
Nick Chongnewsbtc ·  
Capitalizing on Canada’s formal legalization of marijuana and weed-related products for recreational use, a fintech company situated in the US’ northern neighbor has revealed plans to track cannabis through a blockchain-based solution. “The Perfect Use For Blockchain Technology” On October 17th, Canada became the western world’s first country to legalize the recreational use of marijuana in.
Nick Chongnewsbtc ·  
When Bitcoin Cash, Ethereum, and Litecoin were listed on Coinbase, many investors saw this process as a sign for the widespread use and adoption of the aforementioned crypto assets. But, in stark contrast to Coinbase’s current listees, the recent addition of 0x (ZRX) onto the San Francisco-based platform have left many asking more questions about 0x.
Nick Chongnewsbtc ·  
As Q4 of 2018 dawns on the infant crypto and blockchain world, many outspoken advocates for this industry have done their best to reaffirm that the cryptocurrency values will reverse without a doubt. “Crypto Is Close To The Bottom At This Point” When it comes to industry veterans, Joey Krug, an Augur co-founder turned crypto investor.
Nick Chongnewsbtc ·  
Crypto and blockchains startups, even those that hold great promise, have sadly received the full brunt of 2018’s dismal market conditions, resulting in a widespread loss of clients and investment interest. For example, freshly-printed studies have revealed that Coinbase, widely regarded as this industry’s golden child, saw 80% of its U.
Nick Chongnewsbtc ·  
Despite recently retracting his bullish claims that Bitcoin will surpass $10,000 by year’s end, Mike Novogratz still expressed that institutions are still poised to enter the crypto industry. Fidelity, BitGo, Bakkt Custody Solutions Will Bolster Adoption Per previous NewsBTC reports from Monday, Fidelity Investments, a financial giant with over $2.
Nick Chongnewsbtc ·  
After a seemingly endless cycle of non-action, the crypto market finally saw a spark of life on Monday, as fears of a Tether ‘bank run’ hit newfound highs, while confusion strong-handed investors into making moves. In the span of just a few hours, exchanges recorded billions of dollars volume, quickly pushing this market off its.
Nick Chongnewsbtc ·  
The crypto market and Bitcoin investors were in for a shock on Monday morning, as Tether, a self-proclaimed “stablecoin,” fell 6% below its U. S.
Nick Chongnewsbtc ·  
Since Bitcoin found a foothold in the $6,200-$6,800 range in early-August, crypto traders have been doing their best to discern where this unpredictable market will head next. But, with positive crypto-centric news becoming commonplace, there has been an unprecedented number of investors, commentators, and industry leaders that have foreseen a bottom in the tumultuous cryptocurrency market.
Nick Chongnewsbtc ·  
Despite Nouriel Dr. Doom” Roubini’s cries that the crypto market is on its last legs, this week’s crypto- and blockchain-pertinent developments indicate that this industry is still booming.
Nick Chongnewsbtc ·  
Since the establishment of the first crypto-to-fiat platform, exchanges have been subject to intense scrutiny from banks, regulators, and most importantly, the consumers and investors themselves. Despite its veteran status in this nascent industry, Bitfinex isn’t exempt from this scrutiny, as a few too many controversies have rocked the Hong Kong-based startup over its near-six-year history.
Nick Chongnewsbtc ·  
For the first time in a blue moon, crypto startup Coinbase recently saw one of its executives exit company doors, so to speak. Although some greeted this announcement with pessimism, insiders claim that the executive in question is poised to continue his immersion in the cryptosphere.
Nick Chongnewsbtc ·  
In both the natural world and the crypto market, whales are seen as colossal creatures that have a profound effect on the environment around them. Since Bitcoin’s rise to fame, a countless number of cryptocurrency investors have claimed that whales have been the primary catalyst behind this market’s unpredictable price movements.
Nick Chongnewsbtc ·  
In spite of depressed prices and an absence of liquidity and volume in the crypto market, stablecoins, cryptocurrencies tied to the value of a non-volatile asset, have become the flavor of the month. OKCoin Founder Star Xu Announces Chinese Yuan-Backed Crypto OKGroup founder Star Xu, who was reportedly the subject of a Shanghai Municipal Police.
Nick Chongnewsbtc ·  
In light of a slowing crypto market, with volumes, volatility, and retail interest seemingly disappearing altogether, industry leaders have begun to throw their weight behind this budding asset class. Most recently, CEOs of leading cryptocurrency startups, well-known commentators, and influential change-makers have made appearances on mainstream media outlets, while simultaneously taking to social media outlets.
Nick Chongnewsbtc ·  
Although the United States has been seen as a founding father of modern technologies, other nations like Singapore, Malta, Switzerland are leading the crypto and blockchain revolution. These may not be locations that many would initially suspect to be “innovation capitals”.
Nick Chongnewsbtc ·  
Although Canada is widely regarded as a progressive nation when it comes to the acceptance of promising technologies and sectors, this forward-thinking hasn’t stopped local institutions from doing their utmost best to curb the growth and maturation of the Canadian crypto space via exchanges. QuadrigaCX Runs Into Banking Concerns, $28 Million Frozen Since Bitcoin’s debut.
Nick Chongnewsbtc ·  
As 2017’s crypto bull market swung around, blockchain projects began to search for alternative modes of funding to capitalize on the influx and widespread arrival of interest, press, and free-flowing capital. For many blockchain- crypto-focused startups, venture capitalists weren’t an option, as these mediums of funding were often exclusive to only the crème de la crème, to.
Nick Chongnewsbtc ·  
As seen by the recent public outcry, there are many crypto investors that have been irked by the current state of the cryptocurrency market. Bitcoin remains steady at $6,600, with a majority of the foremost altcoins showing similar price movements, or lack thereof to be more specific, leading some to call the often-volatile crypto market “boring,” for.
Nick Chongnewsbtc ·  
While the markets may indicate otherwise, the past seven days saw a slew of positive fundamental news bombard the cryptosphere, which has led some to pronounce that this week has been “the best week for crypto all year. ” TD Ameritrade To Introduce Crypto To 11 Million Investors Earlier this week, on Wednesday, TD Ameritrade, an.
Nick Chongnewsbtc ·  
For the first time in a blue moon, volatility levels in the crypto market have taken a sharp decline, as many digital assets, like Bitcoin, remain range-bound in spite of positive (and negative) developments. The stability seen in this budding market has led many investors to logically ask where Bitcoin and its altcoin brethren could.
Nick Chongnewsbtc ·  
It goes without saying that the crypto industry moves at a fast pace, with the cryptosphere’s leading startups continually undergoing drastic shifts in practice to fit the trends of the day or week. Despite its position in the industry, California-based Coinbase isn’t free from the aforementioned business practice, as the startup’s top brass have continually.
Nick Chongnewsbtc ·  
Instead of fazing institutions, the dismal performance of the crypto market and the continued maturation the industry backing has continued to attract well-established firms from across the globe. Most recently, a handful of Wall Street heavy hitters have downed the red pill, revealing that it is time for financial institutions, like themselves, to step out.
Nick Chongnewsbtc ·  
Despite the dismal performance of crypto assets, this space continues to receive attention from prominent thought leaders in traditional capital markets, making it evident that this industry shows promise and is much more than a well-thought-out fad or trend. “Clearly, Crypto Is Here To Stay” The brain drain of the legacy market has continued, with Ric.
Nick Chongnewsbtc ·  
When it comes to polarizing issues in the crypto industry, there isn’t a topic as inflammatory as the debate between XRP proponents and Bitcoin maximalists or more broadly, centralization versus decentralization. In fact, this debate has been dubbed a “religious war” by some, as despite crypto’s underlying goal to unite communities, this argument has strained in-industry.
Nick Chongnewsbtc ·  
Once again, for the umpteenth week in a row, Coinbase, the crypto industry’s golden child and star player, hit headlines all across the web, as reports surfaced that the prominent, world-renowned startup is set to be valued at a staggering $8 billion in an upcoming funding round. Insiders: Tiger Global To Pour $500M Into Coinbase.
Nick Chongnewsbtc ·  
One of the most pertinent issues facing the cryptosphere today is regulation, as members of prominent governmental agencies, like the Commodities Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC), have yet to come to a unanimous opinion on how this nascent space should be regulated and managed. However, a leading member of the CFTC intends.
Nick Chongnewsbtc ·  
Marshall Islands-based 1Broker has been in a flurry as of late, as the crypto-focused investment services provider came under heavy fire from the top guns of the free world, American regulators and their closest compatriots. 1Broker Sees Court Case Develop, Positive Signs As reported by NewsBTC on September 28th, 1Broker, a foreign crypto startup, was unexpectedly.
Nick Chongnewsbtc ·