Cryptolinks Cryptocurrency News Blog
Will China Ban Cryptocurrency Mining?
By:
Nate Urbas
1 May 2019
A government body in China has put forward a proposal to ban cryptocurrency mining. With the proposal currently open for public comment, we analyze the likely reasons for the proposal and the impact, it would likely have if it goes through. Key Takeaways: ● China’s NDRC is considering banning cryptocurrency mining ● With 60% of bitcoin mining estimated to be taking place in China, such a ban would likely result in a drastic drop in hash rate ● There...
Read More
Will IEOs Match the ICO Craze? ICO Vs IEO
By:
Nate Urbas
27 April 2019
The decentralized fundraising flame is being rekindled as the latest niche of fundraising through blockchain technology is introduced. TLDR; IEOs are fundamentally very similar to ICOs We are seeing a number of exchanges dedicate divisions to launching IEOs Although IEOs provide increased protection against some of the more nefarious projects, there are still high amounts of risks associated with such token sales The latest trend to take up in the wild world of cryptocurrency businesses is a new fundraising...
Read More
Are Privacy and Fungibility the Biggest Threats to Bitcoin?
By:
Nate Urbas
22 April 2019
Privacy Protocols, Fungibility Threats, and Open-Source Solutions Key Takeaways: A lack of fungibility in the future may be the biggest threat to Bitcoin Code has been developed by Blockstream to integrate greater user privacy into the Bitcoin protocol and improving the fungibility of the cryptocurrency There are a number of blockchain alternatives that have privacy-focused technology integrated into the base layer of the protocol “The concern already exists, although it has yet to translate into a broad market...
Read More
The Battle to Become the Leading Decentralized Platform
By:
Nate Urbas
16 April 2019
When the idea for Ethereum was proposed in 2014, it put forward an idea that was vastly different than any of the blockchain projects which had been put forward before. The Ethereum network would create not only decentralized programmable money but a platform that made it easy for developers to build decentralized applications and smart contracts on top of. Fast forward four years later and ether, the cryptocurrency of the Ethereum network, rose to become the largest altcoin by...
Read More
The State of Stablecoins in the Crypto Industry
By:
Nate Urbas
12 April 2019
TLDR; Stablecoins are becoming an increasingly important part of the crypto market There are several types of stablecoins that can be launched in either a centralized or decentralized manner The larger number of stablecoins may be driving increased amounts of correlation among top crypto assets Stablecoins are mostly being used for speculation but can also be used to transfer value Over the past year, we have seen stablecoins become an increasingly prominent part of the crypto industry. We have...
Read More
Can Cryptocurrencies Counter Surveillance Capitalism?
By:
Nate Urbas
9 April 2019
“Will we be the masters of information, or will we be its slaves?” Shoshana Zuboff, Pioneer of the study of the surveillance capitalism The term “surveillance capitalism” has been causing a stir recently. Amber Baldet delved into the topic on Peter McCormack’s What Bitcoin Did podcast while Shoshana Zuboff recently published a book titled “The age of surveillance capitalism”. But what even is surveillance capitalism and how do cryptocurrencies tie in with this idea? In this latest Cryptolinks post, we...
Read More
Change is Constant at Coinbase
By:
Nate Urbas
6 April 2019
“We’re proud to be the first full-service, regulated, comprehensively insured, and 100% offline staking provider in crypto” Sam McIngvale, Head of Product at Coinbase Custody Coinbase is one of the longest operating and most well-known exchanges in the cryptocurrency business. Starting in 2012, the company has progressed to be among the leading exchanges. While initially starting out offering exchange services, the company has since ventured into multiple areas of business. Their latest venture is into providing staking as a service...
Read More
Bitwise Shines Light on the Crypto Market 🧐
By:
Nate Urbas
4 April 2019
As part of their efforts to launch the first bitcoin ETF, Bitwise delivered a presentation to the Securities and Exchange Commission (SEC). The presentation contained extensive research carried out by key personnel in Bitwise Asset Management and delved deep into the bitcoin market to reveal several findings that have shaken the crypto world to its core. In light of their findings, leading cryptocurrency data provider CoinMarketCap has admitted that inaccuracies highlighted in their data are indeed correct. Apart from data...
Read More
Are Cryptocurrencies Correlated? 🤔 Binance Finds Out…
By:
Nate Urbas
1 April 2019
A recent study released by Binance Research, the research arm of the largest cryptocurrency exchange by trading volume, has delved into the question of whether the returns of the major cryptocurrencies are correlated with one another. This is a pertinent question for anyone who is in any way exposed to the prices of cryptocurrencies. The question is especially relevant to those who need to take such associations into account when exposing themselves to the prices of various cryptocurrencies. This post...
Read More
Is Institutional Investment in Crypto Still Relevant in 2019?
By:
Nate Urbas
27 March 2019
2019 kicked off with high expectations for institutional investment entering the cryptocurrency space. Exchanges such as Bakkt and ErisX were seemingly setting up to revolutionize the industry and pave the way for huge capital inflows. We are yet to see these exchanges launch with both still awaiting regulatory approval. Furthermore, we have just seen CBOE wind down its bitcoin futures after months of dwindling volume.d Are we taking a step back instead of forward when it comes to institutional investors?...
Read More