Articles by Nivesh Rustgi
Top Articles from Nivesh
digital dollar stablecoin
Stablecoin News
digital dollar stablecoin
Stablecoin News

Why Stablecoins Are Not True Cryptocurrencies: Analyst

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

The realm of cryptocurrency is expanding with DeFi, but stablecoins (and digital FIAT) are starting to threaten the principles and on-boarding of cryptocurrencies altogether.  Recently, USDC issuer CENTRE called on a blacklist function to restrict the account of activities of the associated Ethereum address. This goes against the principles of censorship resistance and cryptocurrencies altogether.

Altcoin News
Altcoin News

Huobi Launching Bitcoin Options, VP Bodes Positive News for Huobi Token [HT]

The VP of Huobi crypto exchange announces the launch of the options market.  Options trading, as the name suggests provides an option, rather than an obligation to buy or sell (call or put) the underlying asset at a specific price and time in the future. The sellers/writers of the options charge a premium for the

The VP of Huobi crypto exchange announces the launch of the options market.  Options trading, as the name suggests provides an option, rather than an obligation to buy or sell (call or put) the underlying asset at a specific price and time in the future. The sellers/writers of the options charge a premium for the

stock-market-listing
Bitcoin News
stock-market-listing
Bitcoin News

Coinbase Inc. in Preparation for a Stock Market Listing: Report

Coinbase Inc., one of the most popular cryptocurrency exchanges is reportedly readying a direct listing on the stock market, according to sources. An independent researcher, *Walter Bloomberg, tweeted about the news first. Reuters also published a similar report a while back, further confirming the reports. EXCLUSIVE-COINBASE INC KICKS OFF PREPARATIONS FOR A STOCK MARKET DEBUT-SOURCES

Coinbase Inc., one of the most popular cryptocurrency exchanges is reportedly readying a direct listing on the stock market, according to sources. An independent researcher, *Walter Bloomberg, tweeted about the news first. Reuters also published a similar report a while back, further confirming the reports. EXCLUSIVE-COINBASE INC KICKS OFF PREPARATIONS FOR A STOCK MARKET DEBUT-SOURCES

brave browser legal notice
Altcoin News
brave browser legal notice
Altcoin News

Brave Browser Sends Legal Threats to the Contributors of Open-Source Fork

The original developing firm of the Brave Software has issued a legal notice to the non-anonymous open-source developers of the brave browser fork, without ‘the adware and BAT token.’ Dean van Dugteren, founder of the NOS platform who is a code contributor to the new project clarified her stance on the engagement with the community and

The original developing firm of the Brave Software has issued a legal notice to the non-anonymous open-source developers of the brave browser fork, without ‘the adware and BAT token.’ Dean van Dugteren, founder of the NOS platform who is a code contributor to the new project clarified her stance on the engagement with the community and

bitcoin-ethereum-transaction-fees-top
Bitcoin News
bitcoin-ethereum-transaction-fees-top
Bitcoin News

5 Reasons Why Crypto Market is On the Verge of an Altcoin Season

The crypto market seems to be on the verge of revisiting the domain of an alt-season. Not only DeFi, but also other altcoins have been in a bullish trend for the last couple of weeks, while Bitcoin has basically stayed put. The disconnect between the bull markets in mid-cap altcoins and Bitcoin price is forming a

The crypto market seems to be on the verge of revisiting the domain of an alt-season. Not only DeFi, but also other altcoins have been in a bullish trend for the last couple of weeks, while Bitcoin has basically stayed put. The disconnect between the bull markets in mid-cap altcoins and Bitcoin price is forming a

DogeCoin
Altcoin News
DogeCoin
Altcoin News

Dogecoin: Is a TikTok Led $1 Pump Possible with the Escalating Ban on Chinese Apps?

The TikTok Dogecoin pump was looking close to a realization this morning as the crypto shot up to a high at $0.005 with a 143% increase to highs in the last three days. The price of DOGE at 14: 45 hours UTC on 8th July 2020 is $0.0039 ( 42 sats w.r.t. BTC). A few

The TikTok Dogecoin pump was looking close to a realization this morning as the crypto shot up to a high at $0.005 with a 143% increase to highs in the last three days. The price of DOGE at 14: 45 hours UTC on 8th July 2020 is $0.0039 ( 42 sats w.r.t. BTC). A few

unsecured loans defi aave
Altcoin News
unsecured loans defi aave
Altcoin News

DeFi with 2000% Rise in Token Price, Expands Scope for Uncollateralized Loans

DeFi lending platform, Aave, has launched the provision of creating selective credit lines via Delegating Credit (DC), thereby reducing the need for collateral for loans. Stani Kulechov, the CEO and founder of Aave Lending tweeted, By delegating credit, Karen is able to earn higher undercollateralized lending rates while depositing to @AaveAave. Chad, on the other hand,

DeFi lending platform, Aave, has launched the provision of creating selective credit lines via Delegating Credit (DC), thereby reducing the need for collateral for loans. Stani Kulechov, the CEO and founder of Aave Lending tweeted, By delegating credit, Karen is able to earn higher undercollateralized lending rates while depositing to @AaveAave. Chad, on the other hand,

charles-hoskinson-cardano
Altcoin News
charles-hoskinson-cardano
Altcoin News

Is IOHK’s CEO Getting Over-Zealous with Cardano and ADA?

IOHK’s CEO and founder of Cardano, Charles Hoskinson, has been seen attacking media publishers and people on Twitter for criticising aspects of Cardano and ADA. This begs the question that is he getting over-zealous or his response is justified?  Recently, a video from China surfaced on Crypto Twitter shared by Molly, the Marketing Director of

IOHK’s CEO and founder of Cardano, Charles Hoskinson, has been seen attacking media publishers and people on Twitter for criticising aspects of Cardano and ADA. This begs the question that is he getting over-zealous or his response is justified?  Recently, a video from China surfaced on Crypto Twitter shared by Molly, the Marketing Director of

fake-exchange-scam
Bitcoin News
fake-exchange-scam
Bitcoin News

Bitcoin Scam: Fake Crypto Exchange Earnings Top $50,000 since May

Whale Alert reports of a new payment of $3,568 USD to a fake crypto Exchange. The exchange has raked in more than 5.37 BTC (about $49,000 at current price) since inception in May 2020. 🚔 A payment of 0.3918 #BTC (3,568 USD) was just made to a confirmed Fake Exchange scam!https://t.co/25jv2S2LSf — Whale Alert (@whale_alert) July

Whale Alert reports of a new payment of $3,568 USD to a fake crypto Exchange. The exchange has raked in more than 5.37 BTC (about $49,000 at current price) since inception in May 2020. 🚔 A payment of 0.3918 #BTC (3,568 USD) was just made to a confirmed Fake Exchange scam!https://t.co/25jv2S2LSf — Whale Alert (@whale_alert) July

whale
Altcoin News
whale
Altcoin News

‘Ethereum is Becoming a Whale-Chain, A Serious Problem’, Crypto Entrepreneur

Recently, DeFi projects and on-chain Ethereum transactions have seen a positive growth driven by the ‘yield farming’. Nevertheless, while the values have inflated the user base reflects a different story.  The two most popular DeFi application in the markets is lending and DEX (Decentralized Exchanges). Compound, Sytheticx, MakerDAO, Aave and Kyber Network are some the leading

Recently, DeFi projects and on-chain Ethereum transactions have seen a positive growth driven by the ‘yield farming’. Nevertheless, while the values have inflated the user base reflects a different story.  The two most popular DeFi application in the markets is lending and DEX (Decentralized Exchanges). Compound, Sytheticx, MakerDAO, Aave and Kyber Network are some the leading

bitcoin fork supply free float
Bitcoin News
bitcoin fork supply free float
Bitcoin News

Bitcoin On-Chain Analysis: ‘Free Float’ Indicator Shows Untapped BCH and BSV Supply

Data analysts website, Coinmetrics, released a new on-chain indicator, the ‘free float supply of cryptocurrencies.’ A look at the free float of Bitcoin and its hard forks reveals that coins haven’t yet been claimed by many users. Moreover, the difference between current and free float supply is way smaller is other altcoins.  The free float

Data analysts website, Coinmetrics, released a new on-chain indicator, the ‘free float supply of cryptocurrencies.’ A look at the free float of Bitcoin and its hard forks reveals that coins haven’t yet been claimed by many users. Moreover, the difference between current and free float supply is way smaller is other altcoins.  The free float

Bitcoin News
Bitcoin News

Bitcoin Educator Antonopoulos Takes a Jibe At Bitpay’s SegWit Adoption

Payments processor BitPay finally added support for SegWit transactions. It will reduce the transaction cost for the firm and the users as well. While it is good news for retail Bitcoin adoption, Bitcoin educator and entrepreneur, Andreas Antonopoulos still won’t choose BitPay.  The next important step for the growth of Bitcoin should be eventual merchant

Payments processor BitPay finally added support for SegWit transactions. It will reduce the transaction cost for the firm and the users as well. While it is good news for retail Bitcoin adoption, Bitcoin educator and entrepreneur, Andreas Antonopoulos still won’t choose BitPay.  The next important step for the growth of Bitcoin should be eventual merchant

bitcoin scams history mt.gox
Bitcoin News
bitcoin scams history mt.gox
Bitcoin News

Mt. Gox. Bitcoin Settlement Deadline Pushed to October 2020

The  Tokyo District Court grants the Rehabilitation Trustee in the Mt. Gox case another extension for the submission of the reimbursement proposal. The Trustee, Nobuaki Kobayashi, filed for an extension motion on 30th June, 1 day before the submission date. The court has set 15th October as the new deadline. The motion cited that, “…there

The  Tokyo District Court grants the Rehabilitation Trustee in the Mt. Gox case another extension for the submission of the reimbursement proposal. The Trustee, Nobuaki Kobayashi, filed for an extension motion on 30th June, 1 day before the submission date. The court has set 15th October as the new deadline. The motion cited that, “…there

Altcoin News
Altcoin News

Binance Adds BNB Crypto Emoji on Twitter. Is the $50,000 Commitment Worth it?

Binance becomes the third crypto to add it’s Twitter Emoji with its BNB hashtag. The trend began with Jack Dorsey endorsing and enabling the Bitcoin logo with the Bitcoin and BTC hashtag on twitter. According to Lunar Crush, the social media dominance (primarily on Twitter, Facebook and Reddit) is led by currently led by Bitcoin,

Binance becomes the third crypto to add it’s Twitter Emoji with its BNB hashtag. The trend began with Jack Dorsey endorsing and enabling the Bitcoin logo with the Bitcoin and BTC hashtag on twitter. According to Lunar Crush, the social media dominance (primarily on Twitter, Facebook and Reddit) is led by currently led by Bitcoin,

21Shares Bitcoin ETP
Bitcoin News
21Shares Bitcoin ETP
Bitcoin News

Germany’s Stock Exchange to List Bitcoin ETP on 2nd July

Germany’s Stock Exchange (Europe’s third-largest exchange) is set to launch a Bitcoin ETP (Exchange Traded Product) on 2nd July 2019. Coinbase custody will act as the digital asset custodian of the fund. 21Shares AG is listing its 21Shares Bitcoin ETP (ISIN: CH0454664001 — WKN A2T64E) on the Deutsche Börse’s Xetra electronic venue on Thursday, July

Germany’s Stock Exchange (Europe’s third-largest exchange) is set to launch a Bitcoin ETP (Exchange Traded Product) on 2nd July 2019. Coinbase custody will act as the digital asset custodian of the fund. 21Shares AG is listing its 21Shares Bitcoin ETP (ISIN: CH0454664001 — WKN A2T64E) on the Deutsche Börse’s Xetra electronic venue on Thursday, July

vitalik buterin on ethereum scalability
Altcoin News
vitalik buterin on ethereum scalability
Altcoin News

Ethereum Creator, Vitalik Buterin, says Network Will Scale to 100k TPS Before 2.0

Vitalik Buterin, the co-creator of Ethereum looks to end the apprehensions around Ethereum’s scalability problems for good. He reveals that what seems a never-ending process on the outside is partially ready to scale even today.  With the activation of the second phase itself, the network will eventually be able to process 100k transactions per second. He tweeted,

Vitalik Buterin, the co-creator of Ethereum looks to end the apprehensions around Ethereum’s scalability problems for good. He reveals that what seems a never-ending process on the outside is partially ready to scale even today.  With the activation of the second phase itself, the network will eventually be able to process 100k transactions per second. He tweeted,

bitcoin-mining-geo-political-shift
Bitcoin News
bitcoin-mining-geo-political-shift
Bitcoin News

Bitcoin Miners to See a Big Geo-Political Shift from China to N. America, F2Pool

According to the observations made by F2Pool, in the latter half of the year, we could finally witness a more even distribution of total Bitcoin hash rate with the U.S. and Canada looking to compete with China’s dominance. China’s Dominance Developed by the University of Cambridge, the chart below plots the monthly distribution of hashrates

According to the observations made by F2Pool, in the latter half of the year, we could finally witness a more even distribution of total Bitcoin hash rate with the U.S. and Canada looking to compete with China’s dominance. China’s Dominance Developed by the University of Cambridge, the chart below plots the monthly distribution of hashrates

Bitcoin Futures Open Interest OKEx BitMex
Bitcoin News
Bitcoin Futures Open Interest OKEx BitMex
Bitcoin News

Bitcoin [BTC] Dec. Futures on BitMEX Plummets to $8500 Twice in 15 Minutes

In a violent shake-out of futures traders on BitMEX, the December futures index records a $1200 difference between lows and highs in less than 30 minutes. The XBTZ20 contract on BitMEX set to expire on 25th December 2020, drops to $8500 beginning with the 5-minute candle at 12:55 Hours UTC. Within the next 30 minutes,

In a violent shake-out of futures traders on BitMEX, the December futures index records a $1200 difference between lows and highs in less than 30 minutes. The XBTZ20 contract on BitMEX set to expire on 25th December 2020, drops to $8500 beginning with the 5-minute candle at 12:55 Hours UTC. Within the next 30 minutes,

bitcoin bubble grayscale report
Bitcoin News
bitcoin bubble grayscale report
Bitcoin News

Grayscale’s Bitcoin [BTC] Share Only 31%, Not 150% of Mined Supply: Analyst

Recently, excess demand for GBTC vs. actual supply of Bitcoin drew a handsome picture of the Bitcoin markets. Reports by independent researcher Kevin Rooke and 100 Acre Investments were the talk of the hour all among all crypto enthusiasts. It essentially meant that one institutional trust in the US is buying up more Bitcoin than

Recently, excess demand for GBTC vs. actual supply of Bitcoin drew a handsome picture of the Bitcoin markets. Reports by independent researcher Kevin Rooke and 100 Acre Investments were the talk of the hour all among all crypto enthusiasts. It essentially meant that one institutional trust in the US is buying up more Bitcoin than

capitulation-halving
Bitcoin News
capitulation-halving
Bitcoin News

Bitcoin [BTC] Miner Capitulation is Over, Buy Signal Awaits This Confirmation

Bitcoin [BTC] hashrate post halving has returned to its highs again, with positive reports on increasing additions. According to two popular indicators based on the mining statistic, the buy signal is almost here.  When miners capitulate, it signals one of the scariest trends in price. In the past, these have signalled bottoms in Bitcoin prices

Bitcoin [BTC] hashrate post halving has returned to its highs again, with positive reports on increasing additions. According to two popular indicators based on the mining statistic, the buy signal is almost here.  When miners capitulate, it signals one of the scariest trends in price. In the past, these have signalled bottoms in Bitcoin prices