Cryptolinks Cryptocurrency News Blog
High Crypto Crime Rates Threaten Privacy
By:
Nate Urbas
18 February 2020
One of the hottest conversations in the crypto community centers on the recently published security reports berating the use of cryptocurrency for illicit activities. According to Chainalysis’s 2020 crypto crime report, crypto transactions adjudged to stem from illicit activities rose to 0.08% of all the crypto transactions recorded in 2019. Although this stat shows that illicit activity still represents a negligible fraction of the crypto economy, the fact that 2019’s stats doubled 2018’s reported crypto crime data is, however, enough...
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Crypto Lending Is A Paradigm Potent Enough to Topple Convention
By:
Nate Urbas
10 February 2020
The crypto landscape is a multifaceted world where individuals and organizations implement blockchain-based solutions that will rid themselves of the heavy reliance on centralized systems. Since this is the narrative spurring the crypto market, it, therefore, rings true for an emerging crypto sector that promises to disrupt the banking industry and offer solace to the unbanked. Throughout 2019, the crypto lending market performed above expectations, as it continues to stand out as one of the core contributions of the popularly...
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The Relationship Between Bitcoin Halving, Mining Profitability, and Speculation
By:
Nate Urbas
3 February 2020
The prevailing narrative of the upcoming bitcoin halving centers around its perceived impact on the price of bitcoin. A large fraction of crypto enthusiasts believes that the price of bitcoin will surge as a result of increased scarcity when block rewards reduce by a factor of 2. However, people seem to forget that bitcoin halving will likely have a multifaceted impact on the bitcoin economy, which makes such optimistic views somewhat dicey. For one, there is no telling how bitcoin...
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Tax Regulation Would Once Again Lead Crypto Narratives in 2020
By:
Nate Urbas
27 January 2020
It is only a few weeks into the year, and yet, the crypto space keeps on giving – so much so that my projections for the year have begun to look somewhat too conservative. Already, the crypto terrorism narrative has come to the fore, bitcoin has showcased its safe haven capacity, and crypto taxation is once again trending. Of these three trends, reports suggesting new developments, as regards crypto tax regulations in leading crypto-friendling regions is the most recent. I...
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Is Crypto A Pro-Terrorism Technology?
By:
Nate Urbas
20 January 2020
Crypto has been labeled with a lot of unsolicited tags since it cracked the mainstream status. One of the most deafening highlights crypto’s growing influence in the underworld, especially its role in the fight against terrorism. In some sections, there is a notion that the emergence of cryptocurrency made it is dicier for security agencies to track terrorists and their activities. Recently, there was a rehash of this assertion when the Director of a counterterrorism agency in the US allayed...
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The US-Iran Conflict Is Another Template Proving the Efficacy of Bitcoin as A Safe Haven
By:
Nate Urbas
13 January 2020
Recently, the media created various narratives of how the growing tension between the US and Iran has contributed to Bitcoin’s surge to the $8,000 price mark. While some pundits have supported this assertion, others have, however, counterargued, an all too common development that trails bitcoin’s price uptrend following a major geopolitical event. Owing to this never-ending back and forth, I have decided to weigh in on the subject matter, explore the arguments of both sides of the divide, and try...
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2020 Offers A Clean Slate for Digital Tokens and Tokenization
By:
Nate Urbas
6 January 2020
Ever since the introduction of tokenization, the concept has been thrown around in different contexts. Experts believe that asset tokenization would change the business landscape in a myriad of ways. While this is a given, the concept has not hit the ground running, as expected. Instead, we have only witnessed bits and pieces of the innovative possibilities that tokenization avails. Experts blame the lukewarm run of the digital token market on the unfavorably regulatory framework that governs the investment landscape....
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Bitcoin Halving, Ethereum 2.0, And Other Crypto Developments That Would Define 2020
By:
Nate Urbas
28 December 2019
The crypto space is always reinventing itself at an unprecedented pace, which renders yearly projections a futile endeavor. Remember how 2017 ended on a strong note and spurred experts to project an even more successful run in 2018? Although 2018 never really matched the successes of 2017, especially in terms of market movements, it, nevertheless, led experts to have a complete rethink of the global status of crypto and the challenges that would question its push for mainstream dominance. And...
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Does the World Need Another Bitcoin?
By:
Nate Urbas
23 December 2019
It never seems to amaze me how a great development story regarding bitcoin never ceases to create hysteria in the crypto community. You see people frantically sharing links to stories suggesting the viability of Bitcoin as either an asset class or as a payment network. However, at the time of writing this piece, there was little to cheer about, as the crypto community watched on in distraught when the price of bitcoin fell for the umpteenth time in the last...
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Is Mainstream Dominance A Must for Cryptocurrency?
By:
Nate Urbas
13 December 2019
2019 is coming to a close. And surprisingly, it’s not the crypto bull market, as envisioned by certain experts, that is fueling the crypto discussion. Although crypto has had a more successful year than it did in 2018, there are, however, reasons to believe that the crypto narrative is still revolving around the lack of mainstream attention. For one, regulators in the US are not showing any sign of bulging to the crypto community’s push for a crypto ETF. Also,...
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