Crypto Fact

 79 percent of attendees at crypto events are male, according to a report by events-oriented software firm Bizzabo on Jan. 28. After analyzing the registration information of 100 different cryptocurrency-related events in 15 countries, Bizzabo found that the overwhelming majority of attendees were male. In the course of the survey, Bizzabo took data from the United States , the United Kingdom , Belgium , Canada , Israel , Hong Kong , China and Australia , with the U.S. leading other countries in the number of registrants and attendees at crypto events. 57 percent of attendees were employed in the financial sector, while other registrants at crypto events worked in such fields as IT (14 percent), computer software (13 percent) and banking (10 percent), among others. Alon Alroy, Co-founder of Bizzabo, said “Like the tech industry, at large, there is a lack of gender diversity in the overall virtual currencies space.” Alroy added: “The lack of gender ...

In the last 24 hours, the Bitcoin price has slightly recovered from $3,451 to $3,526 following the announcement of Fidelity to launch Bitcoin custody by the end of the first quarter. The valuation of the crypto market has increased by $2 billion overnight as Bitcoin (BTC), EOS (EOS), and Ethereum (ETH) rebounded in the range of one to three percent against the U.S. dollar. Why Bitcoin is Still Vulnerable While the recovery of Bitcoin prevented a further decline in price to the low $3,000 region, traders generally agree that the dominant cryptocurrency still remains vulnerable. DonAlt, a cryptocurrency technical analyst, stated that if Bitcoin fails to remain above the $3,300 to $3,500 range, it may face a quick drop to the $2,000 region. “Sitting in the last buy zone before new lows. Cut some of my buys due to the breach of the top of the zone. Looking to re-add them if it is reclaimed. If green fails ($3,300) I expect a quick move into the $2,000s. If it holds ...

Malta is home to more than twice the amount of crypto exchange trading than the U.S     Financial centers like New York and London might be home to the hustle and bustle of equity and currency trading, but in the world of cryptocurrency, traditional hubs rank down the list. According to a December exchange report by CryptoCompare, a global digital currency data provider, the country that facilitated the largest volume of cryptocurrency exchange trading is a small island in southern Europe with a population of less than half a million: Malta. In December, Maltese exchanges processed just under $40 billion worth of digital currencies, more than second-place Hong Kong with $32.5 billion and twice as much as the U.S., the fifth largest hub for crypto exchange trading.  Crypto trading by location “It’s home to some of the largest exchanges who have chosen to set up shop as they [Malta] have carved out a crypto-friendly regulatory atmosphere,” said Charles ...

    Crypto markets dumped for the third time in three days, Ethereum, BCH and BSV hurting, Tron recovering. Following a weekend of very minimal activity on crypto markets a third wave has dumped another $5 billion from them late on Sunday. This latest purge, the third in as many days resulted in total market capitalization dropping below $117 billion before recovering a little today. Bitcoin has fallen through key support at $3,600 and hit an intraday, and yearly low of $3,545 a few hours ago. BTC is currently trading at the bottom of its range, down 2% on the day at $3,590. Analysts are predicting further losses over the coming months and the 2019 rally is now officially over. As usual Ethereum has been hit harder with a 5% dump back to $116 before it made an attempt at recovery to $119. Since its high of $160 ETH has dumped over 25% and even Constantinople cant rescue it at the moment. The gap between XRP in second is now almost a billion dollars agai...

  The European Commission has its work cut out after an official report concluded that the patchwork of different rules across the European Union covering crypto-assets could be exploited, and consumers could be failed by a lack of regulations. A year-long study into member states’ treatment of crypto-assets prompted the European Banking Authority to urge the commission, which drafts EU legislation, to undertake a detailed examination of whether it is feasible to draw up new pan-EU rules that would cover the burgeoning sector. The EBA, which ensures banking regulation is implemented equally across the EU, said the commission was best placed to undertake a cost-benefit analysis about extending regulation because it needed to look beyond the banking sector. “Typically crypto-assets fall outside the scope of EU financial services regulation,” the EBA report reads. “Moreover, divergent approaches to the regulation of these activities are emerging across the EU. These factors gi...

Overregulation in Ukraine is reportedly preventing the cryptocurrency industry from evolving in the country. An official of the Ukrainian central bank (NBU) told this to a local crypto news outlet LetKnow Tuesday, Jan. 8. Mikhail Vidyakin, the director of the strategy and reform department of NBU, believes there are too many institutions in the country that have the authority to regulate cryptocurrencies. LetKnow has highlighted that there are at least three government organizations in Ukraine that fall under that definition: the NBU, the Ministry of Finance and the National Securities Commission. In order to foster the development of the industry, the number of its potential regulators needs to be reduced, Vidyakin claims. Moreover, Vidyakin believes that Ukraine needs a more clear regulatory framework for crypto, along with better definitions for the industry. The NBU official further commented that he supports regulations that allow the market to grow and tha...

Crypto markets making moves on Monday; Litecoin, Cardano and Neo racing ahead, Ethereum sluggish. Another crypto market rally has greeted us this Monday morning as $7 billion flowed back into digital currencies over the past 24 hours. The bounce has taken total market capitalization over $135 billion and the two week trend is still a positive one. Bitcoin had another one of its vertical spikes a few hours ago as the big green candle broke through resistance and topped $4,000. The good news is that BTC has held on to its gains this time and is currently trading at around $4,070, up 6% on the day. Ethereum has not made much this time around, adding a meager 2.5% on the day taking it back over $155. This has enabled XRP to close the gap with a 4% gain on the day to $0.370. The market cap difference between second and third is now $1.2 billion. The rest of the top ten is all green during the Asian trading session today. Streaking off ahead is  Litecoin  adding 9% on t...

   Crypto is changing. No, Bitcoin and Ethereum may not being 'going to the Moon', as was hoped for at the beginning of 2018, but the wider industry is evolving in ways that will put it on a more secure footing as it steps into 2019. This is particularly apparent in the area of crypto-exchanges. In 2019, new decentralized crypto-exchanges (DEXs) will come online, as will exchanges focused on security tokens . Added to this, big organisations from outside the crypto industry – Nasdaq , Intercontinental Exchange , and Yahoo! Japan – aims to launch their own crypto-trading platforms, pushing cryptocurrencies closer to the mainstream. Decentralized exchanges Up until now, the vast majority of crypto-exchanges have been centralized, meaning that they're run by companies that initiate trades on their servers and have custody of their customers' cryptocurrency. Not only does such centralization go against the ethos of Bitcoin and other cryptocurrencies, b...

Over the past 12 months Bitcoin has continued to fall, dragging the entire crypto market down with it. The daddy of all digital currencies hit a 16 month low in mid-December when it fell below $3,200. Things could be on the verge of a reversal soon though according to analysts. Turning The Tide On The Bears A positive start to 2019 and new technical analysis suggests that trends are about to turn for Bitcoin and its brethren.  An indicator used to detect trend reversals shows that Bitcoin is in its longest buying streak for six months according to Forbes . The GTI Vera Convergence Divergence indicator has previously been used to highlight buy signals and it has not been wrong. Bitcoin had a month long rally the last time this indicator showed positive signals. “Should buying pressure persist as it has over the past 13 days, Bitcoin could continue to see a rise in prices,” Bloomberg added. Bloomberg’s Galaxy Crypto Index, which tracks some of the top crypto a...

Fortnite fans can now buy merchandise for the blockbuster online video game using the cryptocurrency Monero  (XMR). Bitcoin payments are not yet accepted, reportedly due to privacy concerns. While Fortnite did not make an official announcement, fans shared the news on Reddit  on January 1, where it received a very positive reception. Monero enthusiasts said the move signals that crypto adoption is expanding, since Fortnite is the most popular video game in the world, with more than 200 million registered users. Fortnite V-Bucks and Crypto Top Teen Wish Lists Indeed, Fortnite is so popular that American teens polled in 2018 said they preferred to receive crypto and V-bucks — the virtual currency used in Fortnite — over cash, gift cards, or gas money as gifts. Monero developer Riccardo Spagni excitedly shared the news on Twitter. “Too cool: The Fortnite merch store lets you pay in Monero, so now you can purchase that sweet Durrr Burger onesie wi...

Thank you for all your support – we had an amazing 2018 and are looking forward to 2019.  We wish you and your loved ones health and happiness for the coming year, and we hope you achieve all you want to achieve in 2019!

Venture capitalist Lou Kerner says bitcoin is well on its way to replacing gold as the dominant store of value, noting that its market cap has already surpassed that of silver. “What [bitcoin] has evolved into is a store of value,” Kerner told Bloomberg . “Today, the main store of value is gold. It’s an $8 trillion [market]. Bitcoin today is around $60 billion, so it has an opportunity to actually replace gold as the dominant store of value.” Kerner doubled-down on his remarks from August 2018, when he predicted that BTC would  supplant gold as the most trusted store of value. Crypto Will be ‘Bigger Than the Internet’ Kerner, the founding partner of New York-based CryptoOracle, said despite the current bear market, crypto would be a far more disruptive technology than the Internet. “The disruption from that is gonna be bigger than the disruption that we saw from the Internet,” Kerner predicted. “Bitcoin is kind of the early leader, like the Yahoo of its ...