BitBay Bans Monero (XMR) As Exchanges Worldwide Delist Privacy Coins

November 27, 2019  /  by Crypto.IQ
BitBay, which is a cryptocurrency exchange based in Europe, has banned Monero (XMR). This follows Monero (XMR) being banned from other exchanges across the world, including Upbit and OKEx Korea. Monero (XMR) is perhaps the most desirable privacy coin, since it fully anonymizes the origin, destination, and amount of a transaction. These anonymity features are… Read more

Holiday Spending May Be a Factor in This Week’s Bitcoin (BTC) Crash, Last Year Bitcoin (BTC) Dropped $3,400 Mostly Before Black Friday

November 22, 2019  /  by Zachary Mashiach
It seems the Grinch may be stealing crypto Christmas. Bitcoin (BTC), and the rest of the crypto market has been dropping sharply the past few days, from $8,600 to as low as $6,800. On CoinMarketCap, there is red across the board as of the morning of Nov. 22, with many major cryptocurrencies down over 10%.… Read more

PayPal CEO Owns Bitcoin (BTC), Which Is Ironic

November 22, 2019  /  by Crypto.IQ
The CEO of PayPal, Dan Schulman, has revealed that he owns cryptocurrency, and specifically only Bitcoin (BTC). This may seem like an ironic twist, at least in the eyes of untold numbers of individuals and companies that have had problems with PayPal when trying to run crypto oriented businesses. PayPal has banned and frozen numerous… Read more

The Rapid Evolution of the Crypto Space from a Wild West to Wall Street-esque: the Upsides and the Downsides

November 21, 2019  /  by Zachary Mashiach
The ‘early’ days of crypto, only a few years ago, was a time filled with opportunity and intrigue. Since cryptocurrency technology was so new, there were no regulations, making it so that every business idea was legal for anyone who wanted to try. This basically made the crypto space a Wild West, but over the… Read more

Crypto Entrepreneur and Bestselling Author Michael Kimelman on Bitcoin, the Broken Justice System, and the threat of Complacency in the Crypto Space

November 18, 2019  /  by CathyTest ZolloTest
What’s it like to face off with the government in a criminal trial, sure that the facts will save you, only to learn the game is rigged? Crypto Entrepreneur and bestselling author Michael Kimelman thought the facts were all he needed to avoid prison and continue his upscale lifestyle and his exploration of crypto. He… Read more

There Is Now Concrete Evidence That the Economy Is Weakening: Two Possible Crypto Market Scenarios That Will Play Out During the Coming Recession

November 2, 2019  /  by Zachary Mashiach
There has been plenty of discussion regarding a possible recession in the near future, especially after the bond yield curve inversion earlier this year, which is generally an accurate indicator that a recession will follow within 1-2 years. It has now been 7 months since the inversion and the stock market continues to be near… Read more

A United States Blockchain-Based ‘Digital Dollar’ Would Be Pointless

October 17, 2019  /  by Zachary Mashiach
There has been sporadic talk about creating an official national cryptocurrency for the United States, dubbed the digital dollar.  “We have not at the Fed decided to pursue or drive to develop a digital currency, but it’s something we’re actively looking at and debating,” Rob Kaplan, president of the Federal Reserve Bank of Dallas, said… Read more

Mt. Gox Artificially Inflated and Popped the Bitcoin (BTC) Bubble of Late 2013 With the Markus and Willy Bots, Proving How a Big Exchange Can Manipulate the Global Market

October 16, 2019  /  by Zachary Mashiach
Bitfinex and Tether Limited have been sued for allegedly printing billions of dollars of unbacked Tether (USDT), and using this Tether (USDT) to artificially pump the price of Bitcoin (BTC) to its all-time high of $20,000 in late 2017.  If these allegations are true, then the situation is analogous to the Mt. Gox Willy Bot,… Read more

Bitfinex’s LEO Token Has Been Consistently Losing Value Since June and Is Now Below IEO Price, Future Looks Bleak Due to Lawsuits

October 10, 2019  /  by Zachary Mashiach
The War On Shitcoins Episode 18: LEO. The war on is a Crypto.IQ series that targets and shoots down that are not worth investing in either due to their being, having serious design flaws, being centralized, or in general just being worthless copies of other cryptocurrencies. There are thousands of that are ruining the markets, and CryptoIQ… Read more

Visa, Mastercard, and Paypal Possibly Withdrawing from Libra Association as Governments Exert Currency Hegemony

October 4, 2019  /  by Zachary Mashiach
In an article from July 2019, around the time that Facebook’s Libra cryptocurrency was formally announced, Crypto.IQ speculated that the death knell of Libra would be centralization.  Specifically, Bitcoin (BTC) has been successful because it is decentralized. Bitcoin (BTC) is comprised of a pseudo-anonymous and global network of nodes, miners, and users. In addition, Bitcoin’s… Read more