Tron Analysis: TRX/BTC is DAMN BEARISH

Tron is growing weaker against the world’s first and foremost cryptocurrency bitcoin. The TRX-to-BTC exchange rate this week has extended its bearish bias by falling another 7.72 percent this Wednesday. The pair established a fresh lower low towards the 251 sats level, bring its total month-to-date returns to a negated 18.33 percent, according to data…

Bitcoin Analysis: Price Slips $1,000 in Just Two Hours

The price of bitcoin crashed by more than $1,000 during the London afternoon session this Wednesday. The bitcoin-to-dollar exchange rate earlier today established an intraday high towards $13,202.63, according to data provided by CoinStats’ cryptocurrency portfolio management app. Nevertheless, a vast correction later brought the price down by more than 8 percent. The move downhill…

Internet Giant Kakao Claims Its Blockchain is 15x Faster than Ethereum

Representatives of the South Korean technology giant Kakao said that their new blockchain, Klaytn, is 15 times faster than Ethereum, reports The Korea Herald. The internet firm’s blockchain-unit, GroundX, claimed during a press conference in Seoul that Klaytn can process up to 300 transactions per second. On the other hand, the Ethereum blockchain can handle up…

Bitstamp Now has Its Own Lightning Network Node

Bitstamp, one of the oldest cryptocurrency exchanges in Europe, announced the incorporation of its own bitcoin-enabled Lightning Network into its platform.  The move will allow Bitstamp users to make faster payments, with lower rates and higher transaction performance than in the Bitcoin network directly. The company said LN is the next step for Bitcoin and one of the…

Bitcoin Price Analysis 5/7/19: Boring Sideways Continues

The price of bitcoin on Friday dipped below the $11,000 level, shows CoinStats’ cryptocurrency portfolio management app. As of 09:05 UTC, the BTC/USD exchange rate was trading at $10,966.05, down 6.31 percent in the previous 24 hours. The move downward brought the cryptocurrency’s weekly performance to negated 3.99 percent. Nevertheless, its month-to-date performance stayed inside…

These Videos Will Make You​ Believe in Crypto Adoption Boom

Even the longest journey begins with a small step. And cryptocurrencies are proving it. The conventional public notion about these nascent assets is impoverished. It is due to their access to the one side of the story, which portrays cryptocurrencies as tools to launder money, purchase banned drugs online, and finance terrorists. However, the other…

How Erlay Maintains Bitcoin’s Long-term Bullish Aspects

Bitcoin core developer Greg Maxwell recently published the whitepaper of Erlay, a transaction relay protocol aimed at reducing the amount of bandwidth utilized by the bitcoin nodes by almost 84 percent. Co-authored by Gleb Naumenko and Pieter Wuille, the paper discussed how nodes in the current Bitcoin protocol relay Transaction IDs to all its peers. Sometimes,…