Short Squeeze Catapults Price of Bitcoin Past $7,600

Just hours after short positions on Bitcoin eclipsed longs, and as BTC shorts volume reached an all-time high, Bitcoin saw an explosion, appreciating over US$900 in under an hour, a growth of 13%. Since the pump, global cryptocurrency markets have risen over 10%, to just under US$300 billion. Speculators overwhelmingly agree that the cause for … Read more

Most Privacy Coins Aren’t That Private

Privacy coins are meant to be private. That’s their raison d’être. Strip away the privacy, and they simply become altcoins, and dangerous ones at that, with the potential to deanonymize their users and expose their secrets. A number of recent reports have cast doubt on the privacy features offered by coins such as zcash and … Read more

Most Forked Coins Are Proving More Hassle Than They’re Worth

The last month has seen a spate of high profile forks, as zclassic (ZCL), eth classic, and litecoin have all split to create new coins. Each of these has a shared history with its parent chain. In the run-up to the fork, many investors bought in hoping to claim their free dividend, or simply to … Read more

Forking Today: Bittrex’ Stance on Bitcoin Private Angers Zclassic Bagholders

In less than six hours, zclassic will fork to create bitcoin private, a new privacy-oriented coin that uses zk-snarks to obfuscate transactions. Holders of bitcoin and zclassic will both be eligible to receive bitcoin private (BTCP) on a 1:1 basis. There’s just one problem: 93% of all zlcassic (ZCL) is on Bittrex exchange, which until … Read more

Bitcoin Private Fork Aiming to Make Bitcoin Anonymous

Bitcoin’s latest fork is just weeks away and this one’s a little different from the rest. Rather than simply tinkering with Segwit or adjusting block sizes, Bitcoin private (BTCP) is adding zk-Snarks. The privacy enhancing feature is best known for its use in the Z family of coins including zcash, zclassic, and zencash. That’s not … Read more

Bittrex’ Delisting Policy Leaves Cryptocurrencies Out in the Cold

Bittrex’ coin listing and delisting policy has long been a mystery to outsiders, who have struggled to make sense of it. That mystery deepened this week after the exchange announced that it was removing Mysterium, a coin it only added last year and which still had respectable trade volume. Upon news of the delisting, Mysterium … Read more

What Is Bitcoin Private?

The number of existing and upcoming Bitcoin hard forks continues to grow at an alarming rate. In fact, it seems the next fork is always just around the corner. Bitcoin Private, for example, is one of those upcoming forks, but these tokens will not be issued to BTC holders. That in itself is a rather … Read more

Trading Tip `The Wall´ – Absurd Profits from Zclassic a.k.a. Bitcoin Private

In just 3 months, the price of Zclassic (ZCL) has increased by +5,768%. In this post, I’ll give some background to what Zclassic is and try to explain what is going on with it. Also read: The Art of Buying the Dip A Quick History Lesson on Zclassic Zcash (ZEC) is a privacy-centric cryptocurrency that launched … Read more