Bitcoin’s Value to Lose $44 Billion by Year’s End, Researchers Argue

Researchers from Switzerland published a twenty page study on the predictability of bitcoin bubbles, using Metcalfe’s law and Log-Periodic Power Law Singularity (LPPLS), and determined bitcoin’s market capitalization might fall as much as $44 billion, or 35% (at the time of writing), by the end of 2018. Also read: More Bitcoin ETF Teasing, Encouraging Signs Emerge … Read more

Huobi’s Sentiment Index Shows Cryptocurrency Investors Still Bullish

This week the cryptocurrency exchange Huobi’s educational subsidiary ‘Huobi Research’ conducted a survey with close to 2,000 individuals from 23 different countries to get a visual of what cryptocurrency sentiment looks like today. As cryptocurrencies have slid in value over the past three months according to the report, 77.9 percent of those polled were still … Read more

The Current Crypto-Bear Run Will be Nothing Like 2014

Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to the current 2018 bear run and the … Read more

Survey Says 60% of Square Merchants Are Willing to Accept Bitcoin

According to a recent study of 100 U.S. based merchants that use Square Inc.’s payment technology — a good majority surveyed are open to taking bitcoin as a form of payment. Nomura Instinet surveyed merchants who made at least $100,000 in annual revenue and 60 percent said they would accept bitcoin instead of USD. Also read: Bitcoin … Read more

New Study Looks at the Cost to Mine BTC Across the Globe

Just recently the firm Crescent Electric Supply Company conducted a study that showed the cost of mining one single bitcoin in each state in the U.S. Since then the company’s subsidiary business Elite Fixtures took the research further by charting the cost to mine a single bitcoin in each country across the world. Also read: … Read more

$9 Million a Day Is Lost in Cryptocurrency Scams

In the time it takes you to read this sentence, $850 will have been lost to cryptocurrency scams. In the time it takes to complete this article, that figure will have risen to $17,000. Phishing; fraud; theft; hacking; it’s all rife. In the first two months of 2018, there were 22 separate scams involving thefts … Read more

Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs

Over 34,000 ethereum smart contracts containing $4.4 million in ETH may be vulnerable to exploitation. That’s the conclusion reached by a quintet of researchers hailing from Singapore and the UK. Their technical report, which is currently undergoing peer review, suggests that millions of dollars in ether may be at risk from poorly coded smart contracts … Read more