Today's Hot Topics

Trade volumes – where art thou…HODL

Finally, bitcoin trading has hit the Wall Street with the CBOE Global Markets launching bitcoin futures contracts on Dec. 10, while the CME Group will launch its own bitcoin futures contract on Dec. 17. So, what does this mean for the volatility of Bitcoin, which has the tendency to whipsaw 20% per day as fear and greed run like an alternating current and also, what are the implications for trading volumes? The futures market is all about risk transfer and mitigation, as opposed to wild west gambling. The problem is that unlike commodity futures, which are traded by both speculators...

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Is EOS going to Slay Ethereum?

I have taken an interest in EOS since it was first conceived. I like the concept of potentially having a blockchain that can process transactions a million times a second. It has to be the future for blockchain to go to the next level in its evolution. To understand how big this could be, Bitcoin processes just 3 transactions per second and the newer, shinier Ethereum a not so impressive 30 per second. As EOS moves into its next genesis, the EOS.IO Dawn 2.0 release has had an Alpha implementation of most of the remaining features described in their Roadmap...

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CryptoKitties, one of the first Ethereum games launched, sees over $1m in user spending

If you had to imagine all the uses for the Ethereum blockchain, it's a safe bet to say you wouldn't have come up with a game based on collecting digital cats. Further to that, even if you had come up with that kind of idea, it is probable that many would not have deemed it a big money-making scheme. What's surprising then, is that this is what has actually happened in real life! Game makers AxiomZen have seen their creation CryptoKitties become wildly popular since its launch. This has led to over $1 million in user spending when the game...

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Good News! Parity CEO says $150 million in frozen Ethereum isn’t lost forever

Parity Technologies CEO and co-founder Gavin Woods has responded to questions over the $150 million in frozen Ethereum the company currently holds. Speaking with co-founder Jutta Steiner at the TechCrunch Disrupt Berlin conference, they both fielded queries on the issue from the assembled audience. Code library error to blame The original cause of the frozen Ethereum coins was initially thought to be human error by a user of Parity Technologies wallet. It was believed that the user deleted the code library which made all Parity Technologies wallets work by mistake, meaning a number of users were unable to access their...

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Ether and Bitcoin Cash experience big increases

Cryptocurrency investors were given a boost on Thursday, as the price of Ethereum and Bitcoin Cash both showed remarkable growth. The price of Ether surpassed $400 at one point in the day, while Bitcoin Cash showed an increase of almost one-third in value compared to Wednesday's figures. Bitcoin Cash's continuing fluctuations The value of Bitcoin Cash – still in its infancy after being forked in August - has proved erratic over the past week or so, fluctuating between $800 and $2,900 at various points. Last night's increase, from $1,150 to $1,620, is thought to have been caused by a significant...

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