Analytics News

Lightning Must Strike Soon, Bitcoin Facing Backlogs as Scalability Solution Awaited

6 months ago adcity Comments Off on Lightning Must Strike Soon, Bitcoin Facing Backlogs as Scalability Solution Awaited
At press time, the Bitcoin network is currently facing a backlog of over 135,000 unconfirmed transactions and fees have soared. This comes days after the proponents of the SegWit2x scaling solution announced they wouldn’t move forward with a doubling of Bitcoin’s block size due to lack of consensus. Since larger blocks are clearly dead in Read More

No SegWit2x Makes Bitcoin Cash Shine Amidst Crypto Bloodbath

6 months ago adcity Comments Off on No SegWit2x Makes Bitcoin Cash Shine Amidst Crypto Bloodbath
Market observers expected hot money to flow from Bitcoin to altcoins after the Segwit2x hardfork was cancelled. Instead, the entire altcoin market seems to have crashed along with Bitcoin, while Bitcoin Cash surges by 55% to reach $992. Bitcoin takes the crypto market down If altcoin backers hoped that the cancellation of Bitcoin’s November Segwit2X hard Read More

Germany’s Top Financial Regulator Warns Against Initial Coin Offering (ICO) Risks

6 months ago adcity Comments Off on Germany’s Top Financial Regulator Warns Against Initial Coin Offering (ICO) Risks
Germany’s top financial regulator, the Federal Financial Supervisory Authority (BaFin) has issued a warning to investors bout the risk of investing in initial coin offerings (ICOs). This move makes BaFin the latest market watchdog to issue a warning on ICOs. In its statement, BaFin warned investors about the various risks involved in ICOs and token Read More

European Central Bank Denies the Issue of Ignoring Cryptocurrencies

7 months ago adcity Comments Off on European Central Bank Denies the Issue of Ignoring Cryptocurrencies
In the midst of Bitcoin’s wider awareness and adoption, the European Central Bank (ECB), which has previously evaluated Blockchain technology numerous times, seems to be quiet and distant from all the recent news and happenings. Or rather, this was the case until Benoît Cœuré, an executive member of the Central Bank, broke his silence stressing Read More

ICOs Immature, Regular Stock Exchanges Best Method to Raise Money: Nasdaq Vice Chairman

7 months ago adcity Comments Off on ICOs Immature, Regular Stock Exchanges Best Method to Raise Money: Nasdaq Vice Chairman
Stock exchange Nasdaq vice chairman Bruce Aust has claimed that the initial coin offering (ICO) is still very immature as a funding method and that the stock exchange is still the best place for companies to raise money. He further stated that ICOs are still in their early stages and offer high risks to investors. Read More

Sharp Contradictions As Hard Fork Fail Makes CEOs Relieved, Users Suspicious

7 months ago adcity Comments Off on Sharp Contradictions As Hard Fork Fail Makes CEOs Relieved, Users Suspicious
Bitcoin businesses are publicly stating their relief that SegWit2x is no more, while community comments lend weight to a resurgence conspiracy. As New York Agreement (NYA) heads confirmed SegWit2x was canceled, CEOs opposed to the hard fork hailed the start of a more constructive period for Bitcoin. “When 2x was called off, it became immediately Read More

Bitcoin’s Less Valuable Spawn: Top Six Most Ridiculous Altcoins

7 months ago adcity Comments Off on Bitcoin’s Less Valuable Spawn: Top Six Most Ridiculous Altcoins
While Bitcoin may be the granddaddy of digital coins, it has spawned hundreds of alternatives. Some of them are getting close to contesting Bitcoin, such as Ethereum, and some have real world application and tweaks, like Ripple, Litecoin, and Dash. However, the ICO boom has spread to the ridiculous and the absurd, birthing a host Read More

New York Preschool Accepts Bitcoin, But Not Credit Cards

7 months ago adcity Comments Off on New York Preschool Accepts Bitcoin, But Not Credit Cards
While Bitcoin sceptics claim that Bitcoin is only used for speculation and has no actual uses, a New York preschool has shown that Bitcoin can be a convenient and successful method of payment. Enquiry from parents In an interview given by Marco Ciocca, the Chairman of The Montessori Schools in Flatiron and SoHo, to Business Read More

Difference Between Price, Value: How to Assess an ICO

7 months ago adcity Comments Off on Difference Between Price, Value: How to Assess an ICO
These are indeed heady days for investors in cryptocurrency, and with fortunes being made (and lost) rapidly, it’s easy to forget the difference between “price” and “value.” Many investors are focusing on the quick flip–they buy the “hottest” ICO and hope to immediately sell for huge profits once the crowdsale is over. There’s nothing wrong Read More

DApps to Offer Power of Apps But Fight Centralization

7 months ago adcity Comments Off on DApps to Offer Power of Apps But Fight Centralization
The history of apps is a long one. Back in 1983, Steve Jobs talked about what is now known as the app store. At the time, users were required to buy applications before actually trying them out. In this sense, Steve Jobs explained how an app store would disrupt the current norm using a record Read More