GBX is Now an Officially Licensed Exchange in Gibraltar

The Gibraltar Blockchain Exchange (GBX) announced today that on November 21, 2018, the cryptocurrency service is operating as a fully regulated exchange in Gibraltar. The country’s regulatory body, the Gibraltar Financial Services Commission (GFSC) provided the license to the crypto service provider as per Gibraltar’s Financial Services Regulations 2018 DLT framework. Institutional-grade digital asset trading According to the GBX, the GFSC’s...

Turkey On The Blockchain: Is It Just A Buzzword For Thanksgiving Or a Real Blockchain-Based Use?

Now, that it’s Thanksgiving time, everyone in the United States is prioritizing their favorite meal at this day of the year: delicious turkey. Cargill, one of the world’s largest companies in the agribusiness sector, announced in a press release that they are going farm-to-table, tracking the turkeys you can buy on the blockchain. Knowing your farmers You get a 10-digit code,...

What is Lightning Network? Beginner’s Guide

The Lightning Network is a second layer which aims to solve Bitcoin’s scalability problem. The Lightning mainnet was launched on March 2018 and in the last three weeks, it tripled it’s BTC network capacity to 300 BTC. Today we will learn what the Lightning Network is, how it works, and how it is expected to be an integral part of...

Bitcoin Price Analysis Nov.22: Range tightens for a possible continuation move

Another had passed, this time we no discovered new low. Over the past day, Bitcoin’s range had tightened up and seemed like another wild move will take place later on today. I’m not quite sure to which direction. From one side, the market is eager and deserves a correction back to the $5K+ area. But from the other hand, there...

Ethereum’s Malicious GasToken Minting Could Result in a Disaster for Crypto Exchanges

New evidence reveals a vulnerability that could harm exchanges which allow withdrawing Ethereum to arbitrary addresses without setting any gas usage limit. When sending ETH to some smart contract address, the address can use the transaction to conduct computations. The result is that the sender will pay for the gas of these computations. In case the sender didn’t define gas usage...

Ethereum Price Analysis Nov.21: Is 100$ per ETH just around the corner?

The market is going through a massive decline, and the current value of the total crypto market is below $150 billion. The bears took total control over the market and pushed the price of Bitcoin to a price as low as $4,000-$4,200 (depends on the exchange you are looking at). This is a 30% drop in just a few days. This plummet...

Crypto Technical Analysis: Head and Shoulders Pattern, Triangles and Wedges

Finding ways to predict the future movement of an asset has always been the holy grail of traders across the globe, and crypto traders are no different. Although there are a variety of factors that influence the price of a cryptocurrency in a positive or negative way, such as reaching milestones, partnership signings, hacker attacks, new regulations, etc. Using this...

Ripple XRP Price Analysis Nov.21: Is XRP the ultimate hedge-altcoin against Bitcoin’s decline?

Following the recent news on Ripple and XRP, its management is clinching for ties with the Bank of America for a blockchain business to facilitating the cross-border transaction (Money Gram and Western Union) amongst crypto enthusiasts. The Asian Bank (CIMB) also shows interest in the Ripple-economy adoption as they prepare their customers to position for a peer to peer...

Bitcoin Price Analysis Nov.21: Another low has been captured, what’s next?

Unfortunate to all Bitcoin lovers, another low was captured. To whoever whose reading my BTC price analysis from yesterday, I stated there clearly that breaking the $4500 support level means that the next target is $4050. As seen by the following chart, Bitcoin’s yesterday’s low (actually the yearly low) is precisely at $4048. Getting there, a slight correction has taken...

More fuel to the fire? Bakkt Bitcoin Futures Launch Date Postponed to 24 of January 2019

Bad news for the crypto markets has emerged following a notice released by the Intercontinental Exchange (ICE) the U.S, today Nov 20. The securities and commodities exchange company (whose parent company is the NYSE) says it will delay the launch date of the Bitcoin Futures offered by crypto custody firm Bakkt, while trading of the contract could begin on January...