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…
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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%.…
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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…
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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…
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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…
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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…
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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…
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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,…
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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…
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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…
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