One of the tenets of classic cryptocurrencies such as Bitcoin is that the supporting blockchain must be decentralized and support mining operations; however, not all emerging digital currency tokens follow this paradigm. In the case of Tezos, a token that trades under the symbol XTZ, mining is not based on…
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99Crypto
Is There a Trading Price Correlation Between Bitcoin and Stellar?
On Tuesday, November 5, the prices of crypto coins continued to show upward movement. Bitcoin hovered around the $9,300 mark. Stellar, which trades under XLM, had an astronomical gain of more than 20 percent. Bitcoin was trading close to $9,400 for most of the day, but it had…
Worldwide Crypto-currency Drama Escalates With Einstein's Collapse
In the world of crypto, it would seem that there is never a dull moment. Although Bitcoin and Ethereum have hit a bit of a plateau after a bold uptick in prices earlier this month, there hasn't been much dramatic movement recently. After the crypto winter finally abated,…
Brazil's Cryptocurrency Industry Remains Popular Despite Investigation Regarding Alleged Crimes
It's been a busy week in Brazil in the cryptocurrency industry with companies being investigated for illegal activities: GenBit Troubles The Brazilian Securities Commission suspended Genbit and the Sao Paulo Court of Justice granted an injunction to block the company's access to their bank accounts. The…
Ethereum Investors Watch and Wait as ETC Tracks Bitcoin
During the past couple of weeks, Ether, trading under ETH, has followed the price action of Bitcoin, which trades under BTC. Diligent traders noticed and played reverse off of double bottoms and bounces. When comparing daily and weekly charts for Ether and Bitcoin, there is a wedge pattern. Both Ether…
Lost Password Locks Down Bitcoin Wallet in Zimbabwe Exchange
The CEO and founder of Golix, who operates a cryptocurrency exchange in Zimbabwe, recently lost the password to one of their cold wallets which contained access to a cold wallet with over 33 Bitcoins. A local news report on November 1st says that Tawanda Kembo supposedly lost the password in…