Bitcoin (BTC) Still the Top Performing Asset Class By Far in 2019 Despite Stock Market at All-Time Highs

December 13, 2019  /  by Crypto.IQ
Despite the stock market being at all-time highs and Bitcoin (BTC) losing just under half of its value since July, Bitcoin (BTC) is still the top-performing asset class of 2019 by far with a gain of 90% as the year comes to a close. In comparison, the Dow Jones Industrial Average (DJIA) is up 20%… Read more

Grayscale Managing Director Says $68 Trillion Being Passed Down To Millenials Over the Next 25 Years Could Be a Major Boon for the Crypto Space

December 11, 2019  /  by Crypto.IQ
In an interview with Yahoo Finance that can be watched below, Grayscale Managing Director Michael Sonnenshein talked about how $68 trillion of wealth will be passed down to millennials over the next 25 years, and that this could end up being a major boon for the price of Bitcoin (BTC) since millennials are more crypto… Read more

Bitmain’s New Business Strategy Bets On Major Block Halving Rally

December 10, 2019  /  by Crypto.IQ
Apparently Bitmain’s dominance has been decreasing in both mining rig manufacturing and mining pool hash rate, as Bitmain’s competitors eat up an increasing amount of the market share in the mining industry. This spurred Bitmain Co-Founder Jihan Wu to take over as Chairman and CEO, ousting Co-Founder Micree Zhan in the process. Wu is now… Read more

Bitcoin (BTC) Momentarily Drops To $680 During Flash Crash On Binance BTC/USDS Market, Accidental Market Order Likely The Culprit

December 6, 2019  /  by Crypto.IQ
The price of Bitcoin (BTC) momentarily plunged 91% to $680 on the Binance BTC/USDS market, and just as fast as it happened the price of Bitcoin (BTC) returned to normal. This is a prime example of a flash crash and was likely due to an inexperienced trader placing a large sell order with a market… Read more

North America Becoming A Bitcoin (BTC) Mining Hub Due To Regulatory Stability Versus China

December 6, 2019  /  by Crypto.IQ
North America, specifically the United States and Canada, is increasingly becoming a hub for Bitcoin (BTC) mining due to relative regulatory stability compared to China. Previously, and even currently, most of the Bitcoin (BTC) mining hash rate in the world is concentrated in China. However, there have been repeated threats to the Bitcoin (BTC) mining… Read more

The Gemini Dollar (GUSD) Continues Its Fall Into Obscurity After Over a Million Tokens Burned Out of Existence

December 5, 2019  /  by Crypto.IQ
According to whale alerts, 1,035,020 Gemini Dollars (GUSD) were burned on December 3rd, which was around 20% of all the Gemini Dollars (GUSD) left in existence. This is just another event in the long demise of the Gemini Dollar (GUSD). 🔥 1,035,020 #GUSD (1,024,618 USD) burned at #Gemini Tx: https://t.co/iYLW9sgV6b — Whale Alert (@whale_alert) December… Read more

Which Major Altcoins Will Still Be Top Ranking Long Term? A Historical Review of the Altcoin Market’s Past Perhaps Provides Clues

December 3, 2019  /  by Zachary Mashiach
Right now the top 21 altcoins on CoinMarketCap are: Ethereum (ETH) Ripple (XRP) Tether (USDT) Bitcoin Cash (BCH) Litecoin (LTC) EOS Binance Coin (BNB) Bitcoin SV (BSV) Stellar (XLM) Tron (TRX) Cardano (ADA) Monero (XMR) LEO Tezos (XTZ) Chainlink (LINK) Cosmsos (ATOM) NEO Huobi Token (HT) IOTA (MIOTA) Maker (MKR) Dash. The question is which of these… Read more

Turkey Becoming A Crypto And Blockchain Hotspot

November 29, 2019  /  by Crypto.IQ
Turkey, a country of 80 million people located in between the Middle East and Europe, appears to be transforming into a crypto and blockchain hotspot. One of the most striking facts is a Statista survey found that 20% of Turkish citizens used or owned cryptocurrencies in 2019. This is the highest crypto adoption rate in… Read more

DappRadar Finds $3.8 Billion Of Hidden Activity On Ethereum (ETH) Network

November 25, 2019  /  by Crypto.IQ
DappRadar, which is perhaps one of the most popular sites for tracking the activity of the decentralized apps (dApps) on the Ethereum (ETH) network and other major blockchains, has discovered $3.8 billion of ‘hidden’ activity by analyzing token activity within smart contracts and user’s addresses. Previously DappRadar simply counted up the number of users and… Read more

$400 Million of Ripple (XRP) Transactions Are Tied to Illegal Activity According to Blockchain Forensics Firm Elliptic

November 22, 2019  /  by Crypto.IQ
Blockchain forensics firm Elliptic has launched what they claim to be the world’s first Ripple (XRP) transaction monitoring system, and right off the bat $400 million of Ripple (XRP) transactions tied to illegal activity have been exposed. Although it seems odd that criminals would choose Ripple (XRP) for their illegal activities, essentially any form of… Read more
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