Bitcoin’s Pummeling Ethereum – Here’s Why ETH Will Get Revenge

Ethereum, like most altcoins, has been clobbered by bitcoin in 2019, losing more than 39% against the flagship cryptocurrency. ETH recently broke below its historical support of 0.025 BTC and printed a fresh all-time low of 0.020138 BTC on Binance on July 16. With no support to keep its head above water, bears warn that […]

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Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

Binance yesterday completed its eighth quarterly “burn” of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng “CZ” Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth […]

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how […]

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Monero Mining Unprofitable, Open to 51% Attack Post-Hard Fork: Research

By CCN: Monero recently hard-forked once again to stave off ASIC miners, who take over the network after a time and are disliked by the Monero community. Monero would prefer to be a CPU and at-most GPU coin, which is mined by the people who use it. Binance discusses Monero’s moves in a new report […]

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Bitcoin Price Hits $8,939 in New 2019 High; What’s Driving the Hypnotic Rally?

By CCN: In the U.S. market and on strictly regulated crypto exchanges such as Bitstamp and Coinbase, the bitcoin price surpassed $8,900 to achieve a new 2019 high at $8,939. Within merely hours, the bitcoin price climbed from $8,000 to $8,939, by more than 11.7 percent against the U.S. dollar. The bitcoin price records a […]

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Bitcoin SV (BSV) Dump Awaits after Mindless Rally Gained 200% Returns

By CCN: It took Bitcoin SV just two hours grow its market valuation from $1.09 billion to $2.478 billion. There are no clarifications about how the world’s eleventh largest yet controversial cryptocurrency managed to attract approx $1.4 billion. The move just happened out of thin air, as if somebody with a big bag of money […]

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‘Facebook Coin’ Users Will Trip on ‘Gateway Drug’ Bitcoin: Venture Capitalist

By CCN.com: The cryptocurrency space is concerned about whether or not the upcoming Facebook Coin will hurt the Bitcoin market. But according to Spencer Bogart, the social media giant’s entry into the crypto space could be the best thing that ever happened to bitcoin. The Blockchain Capital executive told Bloomberg that Facebook was a significant […]

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Dominant Bitcoin Slips on Monday, Drags Crypto Index Down by $8.7 Billion

By CCN.com: Dominant crypto asset bitcoin sent fresh shivers through the rest of the cryptocurrency market with its latest plunge. The bitcoin-to-dollar exchange rate dropped as much as 2.66-percent on Monday to establish an intraday low towards $5,569.71. The move brought bitcoin’s total downside correction from its weekly high to 4.58-percent, wiping more than $3.5 […]

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English Soccer Club Launches Blockchain Fan Token

English Premier League soccer team West Ham United turns to blockchain to launch its own token. The “fan token,” powered by Socios.com will allow West Ham’s 40 million supporters to vote on club decisions and gain access to exclusive rewards. The fan token initiative has already been adopted by Juventus and Paris St. Germaine and […]

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How is Elon Musk’s Favorite Cryptocurrency, Dogecoin, Performing in 2019?

Elon Musk, who earlier this year called Bitcoin “brilliant”, revealed his favorite currency earlier this month. He said in a tweet: Dogecoin might be my fav cryptocurrency. It’s pretty cool. Dogecoin might be my fav cryptocurrency. It’s pretty cool. — Elon Musk (@elonmusk) April 2, 2019 He made the tweet after the official Dogecoin account […]

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