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Even After $30 Billion Invested Most ICOs Are Doomed
In the course of recent years, initial coin offering (ICO) ventures in the crypto market have raised harvested more than $30 billion. However, most ICO projects have little to display, particularly relating to end-user development, blockchain adoption, and predominantly, general user activity on decentralized frameworks. A small number of tokens have exhibited success in substantiating clear vision, growth paths, and credible use cases of blockchain innovation that's advantageous for users. Binance Coin (BNB), example, which at present operates as the base cryptocurrency of the Binance exchange, will be widely used to process peer-to-peer trades upon the launch of the Binance decentralized exchange (DEX). Additionally, countless merchants have also as of late started to utilize BNB to receive crypto payments.

Crypto Industry
The following piece on blockchain inclusion was written by Alexander Vasylchenko. He is the CEO and founder of Sofitto and the creator of Sugi-Card, which is a cold-storage cryptocurrency wallet. Alexander is also the former CTO of Mycelium, one of the first secure mobile Bitcoin wallets, created in 2013. Cryptocurrencies have only been around for a decade, but their impact on global and local economies is palpable. Last month, a pilot project launched in Uganda provided 1,000 farmers with cryptocurrency loans. In a country where almost half the population is underbanked, the project allows farmers to buy the necessary tools to scale their businesses without depending on banks.

Crypto Dropped In Value, But Ecosystem and Industry are Growing Rapidly.
Over the past week, the valuation of the crypto market dropped from $184 billion to $138 billion. That's more than $46 billion. The cryptocurrency market experienced one of the worst weekly sell-offs in all of 2018, and the prices of major digital assets like Bitcoin have dropped by around 75 per cent to 85 per cent from their all-time highs. Despite the steep decline in the valuation of the crypto market, renowned cryptocurrency investor and CoinShares executive Meltem Demirors stated that the cryptocurrency ecosystem, market, and industry are still improving at a rapid rate. Over the past several months, initial coin offering (ICO) projects have lost billions in market cap, after raising more than $30 billion in the past two years. Many projects that have had less than $10 million in daily volume had valuations of hundreds of millions of dollars to billions of dollars, in most cases without any working product to show.

Tom Lee Won
Fundstrat co-founder Tom Lee stands by his reduced year-end bitcoin price target of $15,000, saying continued fallout from a market slump in tech stocks is putting pressure on cryptocurrencies. Lee's new prediction is a dramatic drop from the bullish $25,000 price target he had set in early-2018 when the crypto market seemed poised for a major explosion. Despite the recent decline, Lee remains bullish about crypto because he believes we're merely undergoing an awkward transition. Lee said crypto still has a bright long-term future ahead because he has no doubt that institutional investors will start coming around.

$20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom
ShapeShift CEO Erik Voorhees has said that the growing debt of the US, which hovers at around $21.7 trillion as of November, will inevitably cause a big spike in crypto: Voorhees suggested that to repay the national debt, the government and the federal reserve will be forced to print more fiat money, leading to inflation and a decline in the purchasing power of the US dollar. BlackRock, the world's largest asset manager with more than $6.317 trillion in assets under management, is the latest major financial institution to express concerns regarding the rapidly increasing national debt of the US.

Is Crypto Market
It's almost impossible to determine what exactly drives bitcoins price. There are mentions of peer to peer purchases, nascent technologies, and regulations. But all of these combined, aren't enough to drive its price as it is. There are far too many less obvious factors at play. One of these is over the counter (OTC) transactions. Estimates by TABB group show that the volume of the cryptocurrencys over the counter transactions is about $12 billion per day. That's $1 billion more than the $11 billion from online transactions. That's a huge amount. But because these transactions are done offline through people meeting face to face or through a local broker, most entities just forget them.

Ten Years Ago Today, this Whitepaper Changed the Way We Look at Money
On Oct. 31, 2008, at 2:10 p.m. EDT, the creator of the Bitcoin network, Satoshi Nakamoto, announced the publication of the protocol's whitepaper using a Vistomail email address. It's now been 10 years to the day since Satoshi's idea was first revealed to the world an idea that unleashed the first pure peer-to-peer version of electronic cash. The Bitcoin whitepaper is an essential read for anyone who wants to understand the innovation behind the first cryptocurrency network to be powered by a secure proof-of-work (PoW) system. There is nothing quite like Satoshi's whitepaper or the Bitcoin network itself, even though a myriad of similar protocols and whitepapers have popped up over the past decade. Rather than having a centralized third party, Satoshi's paper describes a system based on cryptographic proof instead of trust.

The Hype is Dying, Amara
The hype surrounding blockchain and cryptocurrency has simmered to a dull roar. Last December, the markets spiked as traders drooled over the thought of lining their pockets. They believed they would be billionaires. They had erotic dreams of lambos, mansions, hookers and blow. Many of them embraced a get-rich-quick, shit-brained mentality. They put speculation over philosophy. The majority of them got financially destroyed for their greed. In their fragilista-like thinking, they either forgot the purpose of the technology or came into the space without acknowledging the crypto-anarchism that created it. 

For Crypto Traders' it's a Paradise, For Investors' it's Hell
Crypto: Traders Paradise, Investors Hell Cryptocurrencies have been massively rewarding for both early investors and savvy traders. Take bitcoin for example. All those who invested before 2017 have seen returns greater than 550%. Traders on the other hand greatly benefit from bitcoin's significant volatility: one day of bitcoin volatility is nearly equivalent to volatility of an interval of roughly 23 trading days for the S&P 500. For traders, volatility brings opportunity. I found this subject extremely interesting and a good lesson about ICO's, scams, ETF's and the difference between Investing and Trading. It just confirms my thoughts and convictions I have, ever since I began my Crypto Journey, 4 years ago, and during that time have learned, evolved and expanded my knowledge in the cryptocurrency space, with a few different coins and start up companies. Some of which are still progressing and coming to fruition against all odds! 

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