Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations

For nearly a month, rumors surrounding China’s alleged bitcoin regulations have been running rampant. Earlier in November, bitcoin actually underwent a serious financial dump, falling by nearly $40 overnight as the rumors swelled to ridiculous proportions. Now, it appears those rumors are coming true, and investors are wondering which direction bitcoin will sway. China’s state council is imposing stricter regulations for businesses that invest abroad. While this isn’t the full-on legislative map reported earlier, the move is likely to bear some consequences on the overall price and on the....

Pros and cons are always essential to consider, even in a variety of contexts. When picking a trading platform, it is vital to create and review a list of pros and cons to be certain the right decision is being made. It is also important to decipher between which platforms are the pros they say they are or if they are complete con artists.  PrimeXBT is a trading platform with a lot of pros, and like any platform has some cons to consider. Because the pros so heavily outweigh the cons in this situation, we are instead in this review hoping to determine if PrimeXBT is the professional....

Firstly, let me start out by saying that we fully support the X11 Algorithm and that we do believe it is the future for many coins out there. Especially considering that Scrypt ASICs have already been spotted in the wild, and that there are new ASICs of an expected 250 MH/s! The X11 Algorithm has its flaws though (cons), but do they outweigh all of the pros? Without further ado, let's take a look at the pros and cons of the X11 Algorithm. Litecoin's supposed X11 Logo. Pros. First Pro of the X11 Algorithm? Security: The algorithm uses eleven hashing functions from the Blake algorithm to the....

Amid several difficulties and financial crises in the crypto industry, the value of Gala Games’ native token, GALA, dropped 90%. Community members are speculating the cause of this massive decline is hack exploitation. Some revealed rumors of a billion-dollar rug pull. However, Gala Games debunked the rumors saying all is well. Gala Games is a […]

Ethereum (ETH)’s struggles to regain the last cycle’s heights have brewed a bearish sentiment among some sectors of the crypto community. Its performance during Q2 has seemingly continued to fuel the sentiment. However, with rumors of an ETH ETF (Exchange-Traded Fund) approval being around the corner, analysts believe the ‘King of Altcoins’ is about to hit the “ETH season.” Related Reading: Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React? Will Ethereum Spot ETF Come Next Week? On Wednesday, Reuters revealed sources close to some investment....