Tag Archives: MIGHT

Michael Novogratz Warns China’s Digital Currency Revolution Might Undermine U.S. Reserve Status

Billionaire Michael Novogratz has warned that the United States’ reserve status is likely to be undermined by China’s blockchain and cryptocurrency revolution. In the forewarning, he underscores that China is already ahead in some areas such as fintech, and the United States is merely playing catch-up. Continue reading Michael Novogratz Warns China’s Digital Currency Revolution Might Undermine U.S. Reserve Status

People Are Saying Bitcoin Has Bottomed–New Price Data Suggests They Might Be Right

Bitcoin, trapped in a long-running bear market seemingly without end, could be about to turn a corner according to a bevy bullish comments from those in the tech and crypto industry—and new data that suggests the bitcoin price could be poised to move higher. Continue reading People Are Saying Bitcoin Has Bottomed–New Price Data Suggests They Might Be Right

Bitcoin Exchange Giant Huobi Might ‘Struggle to Survive’ Bear Market

Throughout 2018, cryptocurrency exchanges posted record profits, raking in hundreds of millions of dollars in trading fees even as the bitcoin price plunged as much as 80 percent from its all-time high. However, as the crypto bear market extends into 2019, cracks are beginning to form in the hull of this once-impervious industry as well. Continue reading Bitcoin Exchange Giant Huobi Might ‘Struggle to Survive’ Bear Market

Developer Explains Why a Multi-Asset Lightning Network Might Not Work

A contributor to the Lightning Network codebase who goes by the name ZmnSCPxj recently wrote a reasoned post to the Lightning Development mailing list detailing what he views as a limitation of the network, which is considered by many to represent the future of Bitcoin scaling and adoption. Continue reading Developer Explains Why a Multi-Asset Lightning Network Might Not Work