Today's Hot Topics

Why Authorities Blaming Cryptocurrencies For Rising Drug Usage Are Wrong

BTC Manager have today posted an article discussing why the authorities (in the USA specifically) are wrong to blame Bitcoin for rising drug usage figures. You can have a read of the article for yourself, here- https://btcmanager.com/authorities-blame-bitcoin-for-rising-drug-usage-fail-to-consider-loopholes/ This is something I want to discuss as it is something that I think needs clearing up. 20 years ago, did any authorities blame the dollar or the pound for rising drug usage? Probably not. Yes, Bitcoin did make the purchase of illegal drugs online possible, but even so, dollars, pounds, euros and every other FIAT currency have also facilitated the payment of...

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Does This Indicate Market Correction, Or Something More Serious?

Going into Monday evening (16th of April) we have seen the mid-April market surge tail off, with huge gains taken over the weekend slowed back down, pushing the markets into a (mostly) market-wide descent. Let’s take a look at where we stand right now. *data from coinmarketcap.com This is what we saw at the time of writing on Monday afternoon. The top 10 currencies based on market capitalisation, on what is looking like a reversal from the surge that took place at the end of last week, carrying on but slowing down through the weekend. We started off the day...

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Influential Cryptocurrency Vlogger Victim Of Huge Hack

Yesterday, famous Youtuber, Ian Balina, an advocate of ICO investing and all-round advocate of cryptocurrencies fell victim to a devastating hack whilst live streaming to his fans on YouTube. You can see some of Balina’s work here- https://www.youtube.com/user/Diaryofamademan During his recent live stream, a fan is alleged to have commented on the feed, stating that they had noticed all of Balina’s tokens had been moved from his wallet. Apparently, Balina failed to recognise this comment for around 15 minutes, before the live stream finally stopped, after Balina noticed some suspicious activity within his Google account. Crypto Family, I need you...

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Litecoin (LTC) And Bitcoin Cash (BCH) Could Lose Their Positions Before 2019

Litecoin (LTC) and Bitcoin Cash (BCH) are similar in a lot of ways. Both coins came into existence to compete with Bitcoin (BCH) as a better alternative. However, the past few months have clearly shown us that Bitcoin is still the unchallengeable monarch of the crypto world and any coins or projects that have nothing else to offer except for attempting to knock down Bitcoin will have a hard time surviving. I’m sure a lot of Litecoin fans will say, “Litecoin is addressing a different market” and will come up with different analogies like the famous analogy of Litecoin creator,...

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BNB Price Down In Wake Of A $30Million Coin Burn

Reports out this afternoon are discussing a coin burn that was carried out by Binance yesterday, which has seen reduction of numerous coins to an estimated value of around $30million. According to Ethereum World News, the burn saw a circulation of 2,220,314 BNB reduced to just 194,972,068 BNB, reducing the full BNB circulating supply down to 114,041,290 BNB. This coin burn was part of Binance’s quarterly plans in which they buy back BNB from exchanges using 20% of the team’s quarterly profits. This encourages the currency to continue to flow around the markets, in turn contributing to an increased coin...

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