A Look at Crypto’s Unsavory Conspiracy Culture

For as long as the modern economic system has existed, there have been conspiracy theories about controlling families who pull the strings of finance from behind the curtain. While vigilance is a virtue when it comes to centralization and control, narratives of control often latch on to racist and anti-religious sentiments. In an August 21st Slate …

Not a Done Deal: U.S. SEC “Will Review” Most Recent ETF Decisions

The United States Securities and Exchange Commission will reevaluate its recent round of bitcoin ETF rejections. This Wednesday, August 22, 2018, the SEC denied 9 ETF proposals from ProShares, GraniteShares and Direxion in three separate orders. But consistent with a rule that allows the SEC’s Chairman and Commissioners to review decisions delegated to its staff, …

Bitmain Monopoly is Showing Cracks, According to Analysts

The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The Competitiveness of Bitmain’s Chips is in Question” A recent report of analysts led by Mark Li at Bernstein holds that the Beijing-based mining company, which was co-founded by the …

EOS, Litecoin, IOTA, Stellar Lumens, Tron Technical Analysis

Days after the Chinese CCID said EOS top the charts on matters technology, applicability and innovation, the Chinese government went ahead and outlawed cryptocurrencies and related business. This caught the market off guard and though there are no wild price swings, we might see lower lows today as investors try to digest on how this …

Top Crypto Exchanges Join Winklevosses’ Self-Regulatory Organization

Some of the crypto industry’s biggest exchanges are joining with the Winklevosses in an effort to bring self-regulation to a market that many perceive to be fly-by-night and unstructured. Five months following its creation, the Virtual Commodity Association (VCA) has onboarded Bittrex, bitFlyer USA and Bitstamp, a site update reveals. A press release detailing the …

Binance Sees Volume Growth As Coinbase Nurses 80% Drop

Binance has destroyed Coinbase and other major exchanges on volume in 2018 despite criticism of its altcoin-heavy focus. Data Reveals ‘Steep Declines’ The latest issue of monitoring resource Diar’s newsletter presents startling data from some of the best-known cryptocurrency trading platforms with Coinbase’s overall volume plummeting 83 percent in the seven months to July. Bitstamp …

Research Attempts to Uncover Political Leanings of Crypto Community

Although Bitcoin is inherently neutral, its influence is becoming increasingly pervasive in U.S. political spheres. This phenomenon is triggering researchers to try to identify the dominant political ideology of the cryptocurrency community.  What is the Prevalent Political Ideology of the Crypto Community? Bitcoin’s neutral and democratic nature is one of its primary virtues. As such, …