Global Data Report: Cryptocurrencies are Expensive, Slow, Unspendable, Cannot Scale

Cryptocurrencies – Thematic Research, a report recently issued by Global Data, is attempting to smash what it views as myths and huge untruths about the hype surrounding crypto. Among their findings, the company concludes cryptocurrencies are expensive, slow, mostly unspendable, and cannot scale to meet their projected demand. Also read: Troll Slayer: Derek Magill Defends … Read more

Why Institutional Money Is Coming and What This Means for Bitcoin

Institutional money is coming. At least that’s been the refrain from desperate cryptocurrency traders for the past six months, praying for an influx of new fiat to shore up prices and float their alt bags. But is it really the case that institutional investors are waiting on the sidelines for the right framework to buy … Read more

Farewell GDAX, Hello Coinbase Pro

It has been coming for some time now, but GDAX is finally rebranding to Coinbase Pro. Although the functionality will remain largely the same, this new platform will potentially attract more users. It is an important development for Coinbase as a company. So far, some users are reporting major site issues, which doesn’t bode well. … Read more

April Spooked Cryptocurrency Investors as Desire to Cash out Soared

Cryptocurrency exchanges are an excellent way of converting between fiat currency and cryptocurrency. In most cases, one would expect users to buy cryptocurrency, rather than convert it to cash. For Coinbase, the month of April proved to be very different in this regard. Coinbase’s Outflow of Funds Is Very Real Whenever the going gets tough … Read more

The Daily: Swiss Crypto Vault, Huobi Opens in London, Malta Approves Crypto Bills

In Saturday’s Bitcoin in Brief, we cover some of the new expansion plans of leading cryptocurrency trading platforms. Singapore-based Huobi has confirmed its intentions to open an office in London, and US exchange Coinbase is about to do the same in Portland, Oregon. Also, a new crypto vault in Switzerland offers safe storage for cryptocurrencies, … Read more

Uphold Buys a New York Broker-Dealer to Offer Securities Trading Services

As many cryptos such as Ripple fight to prevent their native digital tokens from being classified as securities by the SEC, other stakeholders are preparing for the worst. One of them is Uphold, a cloud-based digital money platform that allows its users to send and receive eight cryptocurrencies as well as over 30 other fiat … Read more

Bitcoin in Brief: Exchanges Expanding, Brave Adds Tor, Tether Double Spent

If you thought that only proof of work coins were susceptible to double spending attacks, you haven’t met tether. The world’s ninth largest crypto by market cap and second largest by volume is meant to be a haven in a sea of uncertainty, but even it’s not immune to jiggery-pokery, as we’ll learn in today’s … Read more