IOTA is designed to usher in machine-to-machine payments and data transfer in the Internet-of-Things economy. The new protocol promises to fix the scalability issues that ail blockchain technology with fast, zero-fee, quantum-immune, and secure transactions. IOTA was founded in 2015, by entrepreneurs David Sønstebø and Dominik Schiener, and mathematicians Sergey Ivancheglo and Serguei Popov. Ivancheglo…
And relax. After the much-anticipated and widely-disseminated story that US regulators were to convene on Monday to decide Ethereum’s future as either a security or a utility token, the price of ether has been on a steep ride which ended Monday when the meeting transpired to be fake news. The crypto sector has been on…
As prospectors searched for the next big cryptocurrency in the gold rush of the 21st century, unbridled market confidence in ICOs created an environment in which the traditional metrics of investment analysis were discarded in favour of a conviction in blockchain that verged on religious fervor. However, it seems that fervor has subsided. Stats from…
Warren Buffett criticism: Warren Buffett, the legendary investor, has frequently been criticizing the cryptocurrency markets. The chairman of Berkshire Hathaway doesn’t have any enthusiasm in the emerging market. He believes cryptocurrencies are neither an asset nor a currency. And thus, he thinks it shares similarities more towards gambling and not investing. The major reason…
The rising popularity of bitcoin in recent days does not seem to be subsiding. According to Tom Lee, CEO of Fundstrat, Bitcoin could boost its bullish behavior thanks to the annual “Consensus Summit” conference. According to an article published by Bloomberg, an analysis conducted by the firm concluded that after each conference, confidence in the…
Congress blockchain meeting: There is a lot of news getting pumped out into the world right now. In the crypto space, however, all eyes are on the Congressional subcommittees that are meeting today, to discuss blockchain. Congress Blockchain Meeting Today, a pair of Congressional subcommittees will meet to discuss blockchain technology. The session will focus…
The bull-run in cryptocurrency market has ended after Warren Buffett and Bill Gates completely rejected cryptocurrency in a show on CNBC. The world’s wealthiest investors and business icons are showing their concerns over the significant growth in Bitcoin (BTC) and other digital currency prices. They have announced that they will never invest in the cryptocurrency…
Although Bitcoin price failed to crack the $10,000 mark and has declined since its last major bull run, the cryptocurrency is still holding on above the $9,000 price level. The latest setback for Bitcoin stems from Berkshire Hathaway CEO Warren Buffett, who maintained his criticism of the digital asset yesterday, claiming that Bitcoin as an…
Coins are up and coins are down. Where does NEO, Monero (XRM), and EOS sit on the scale? NEO NEO is currently selling for $76.45, which puts the coin down 2.33% in the past 24 hours. Source: CoinMarketCapAlthough NEO is currently down for the day, the coin is up by nearly 60% for the past…
The crypto markets are in the red again on Tuesday, with the likes of Primecoin (XPM), Bitcoin Private (BTCP), and Stellar (XLM) down. Meanwhile, IOTA has shot up, currently up more than 10% in the past twenty-four hours. Today, however, we are going to be focusing on the ships that are sinking. Specifically, Primecoin (XPM),…
