Zcash news-Page 12
Crypto Markets See Little Movement, Bitcoin Continues to Trade Just Below $6,500
Saturday, Oct. 20: Crypto markets are seeing little momentum, with virtually all of the major cryptocurrencies seeing slight growth and losses between a 1-2 percent range, as Coin360 data shows. Market visualization by Coin360 Tether (USDT) has mostly settled back in to its characteristic trading pattern. Having briefly lost its U.S. dollar peg last week, the asset has since reclaimed its historical trading range close to a 1:1 ratio to the greenback. Today the stalwart stablecoin has seen an almost 1 percent drop to trade at $0.979. Bitcoin (BTC) is trading at $6,473 at press time, seeing negligible price change …
Ethereum / Oct. 20, 2018
Government Tracking of Crypto Is Growing, But There Are Ways to Avoid It
Much noise has been made about the untraceable qualities of Bitcoin and other cryptocurrencies. Bitcoin "can be used to buy merchandise anonymously" said early primers on crypto, it offers users the kind of financial privacy that was previously available only from a "Swiss bank account," say more recent commentators. And given its ability to provide people with a layer of anonymity and privacy, it has been smeared by politicians, experts and mainstream journalists alike as a hiding place for almost any hacker, drug dealer, gang member, terrorist or despot you could possibly name (even if cash is still the preferred …
United States / Oct. 7, 2018
Japanese IT Giant GMO Launches Zcash Mining Software Client
Japanese internet services giant GMO Internet Inc. has launched a new mining software client designed for mining Zcash (ZEC) on graphic processing units (GPUs). GMO announced the new client, dubbed Cryptknocker, in a news release published September 28. Cryptknocker has reportedly been designed to enable users to mine cryptocurrencies that are based on the Equihash consensus algorithm using commonly-available GPU chips. Unlike more specialized Application-Specific Integrated Circuits (ASICs), GPUs are widely used in many domestic computers. As previously reported, when Zcash’s developers unrolled Equihash – the mining algorithm Zcash, as well as a number of other cryptocurrencies run on – …
Altcoin / Sept. 28, 2018
Europol: Bitcoin Remains Cybercriminals’ First Choice, But Privacy-Focused Alts Will Rise
Europol’s new cybercrime report has found that Bitcoin (BTC) remains the most popular form of crypto for illicit uses, but predicts a rise in the popularity of anonymity-focused altcoins such as Zcash (ZEC) and Monero (XMR). The report, the fifth edition of Europol’s Internet Organised Crime Threat Assessment (IOCTA) to date, was published yesterday, September 18. According to Europol, even as Bitcoin’s market share dropped as low as “35 percent in early 2017,” it remained the most “commonly encountered” crypto in cybercrime investigations across the European Union. Europol anticipates that while Bitcoin for now dominates the landscape, anonymity-focused altcoins that …
Altcoin / Sept. 19, 2018
Major Mining Pool F2Pool Publishes List of Minimum Prices for Profitable Crypto Mining
The CEO of China-based crypto mining pool F2Pool posted a company-branded infographic September 6 that indicates at what minimum price points the mining of various cryptocurrencies becomes unprofitable. Shixing Mao, co-founder and CEO and of the world’s sixth largest mining pool F2Pool, published a list of price levels for major cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Zcash (ZEC) below which mining said currency with various different miners allegedly becomes unprofitable. According to Mao’s graphic, if Bitcoin’s price hits lower than 36,792 yuan (about $5,376) point, this would mean that mining the cryptocurrency on an Antminer T9 …
Blockchain / Sept. 7, 2018
Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet
Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows. Market visualizat ion from Coin360 Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index. Having broken through the $7,000 threshold August 31, Bitcoin saw a solid uptrend until its sudden plummet yesterday, September 5. The top coin is now around 8 percent down on its weekly chart. On the month, however, Bitcoin remains up by around the same figure …
Bitcoin Price / Sept. 6, 2018
Bitcoin Seals Further Gains in a Mostly Green Market as Ethereum Fails to Break $300
Tuesday, September 4: crypto markets are largely green today, with Bitcoin (BTC) inching upwards yet further, and several large-market-cap alts seeing solid gains, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,374 at press time, up over 1 percent on the day as it continues boost its newly won gains, according to Cointelegraph’s Bitcoin Price Index. Having reclaimed the $7,000 price point August 31, Bitcoin has seen a solid upwards trend and is now pushing $7,400. The top coin is trading an impressive $550 higher than its low on its weekly chart, with its …
Blockchain / Sept. 4, 2018
US DEA: Criminal Activity in Cryptocurrency Has Dropped 80 Percent Since 2013
An agent of the U.S. Drug Enforcement Administration (DEA) has noted that Bitcoin’s (BTC) role in crimes has dropped to just 10 percent of transactions, while transactions themselves have “grown tremendously,” Bloomberg reports August 7. In an interview, DEA special agent Lilita Infante — who is a member of the 10-person Cyber Investigative Task Force — said that the ratio of legitimate to illegitimate Bitcoin transactions had flipped over the past five years, noting “The volume has grown tremendously, the amount of transactions and the dollar value has grown tremendously over the years in criminal activity, but the ratio has …
United States / Aug. 7, 2018
Crypto Mining Firm Argo Blockchain Listed on London Stock Exchange, Raises $32 Million
Mining firm Argo Blockchain PLC has reportedly become the first crypto company to join the London Stock Exchange (LSE), raising around $32 million for a total valuation of about $61 million, The Telegraph reports August 3. London-based Argo offers customers to the ability to mine four cryptocurrencies — Bitcoin Gold (BTG), Ethereum (ETH), Ethereum Classic (ETC), and Zcash — through their own computers or mobile devices for a monthly subscription fee. The service provides immediate access to the firm’s mining rigs and enables direct deposits of all mined coins to the users’ digital wallets. According to an initial admission document …
Bitcoin / Aug. 4, 2018
New Ripple-Based Decentralized Exchange Launches in San Francisco
A new Ripple (XRP)-based decentralized crypto marketplace, DCEX, has now opened registration for retail and institutional accounts, according to a press release published July 30. The new San Francisco-based platform runs on technology developed by blockchain firm AlphaPoint, and will initially offer 15 crypto-crypto trading pairs, all against Ripple as a base currency. These include Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), EOS (EOS), IOTA (MIOTA), and ZCash (ZEC), among others, with further altcoins to be listed in the future. DCEX will also reportedly make all of the assets included in the Bloomberg Galaxy Crypto Index (BGCI) — …
Decentralization / July 31, 2018
2018 Crypto Investment Report: Institutional Investors Provide 56% of Capital Inflow
The first-ever crypto investment report released July 18 by digital asset management fund Grayscale Investments reveals that the majority of capital inflow this year is coming from institutional investors. Grayscale has been overseeing investments into crypto for five years, launching a Bitcoin (BTC) Investment Trust back in September 2013 and then expanding to other single-asset funds — including Ethereum Classic (ETC), Zcash (ZEC) and Litecoin (LTC) — as well as diversified offerings, notably its Digital Large Cap Fund. According to this week’s report, institutional capital accounted for 56 percent of all new investments into Grayscale products during the first half …
Altcoin / July 19, 2018
Bloomberg Terminal Lists Crypto Market Index From World’s Third Largest Exchange Huobi
Bloomberg Terminal, a paid financial data monitoring service, will now list crypto exchange Huobi's Cryptocurrency Index, according to a press release shared with Cointelegraph today, June 21. Bloomberg Terminal will also list prices for nine crypto trading pairs, denominated in Tether (USDT), including Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP), Dash, EOS, and ZCash. The Huobi 10 Index, designed by the Huobi Group, is calculated using asset classification and a weighted average method to track the performance of the top 10 traded digital assets on Huobi’s exchange. The press release notes that Bloomberg Terminal’s addition …
Adoption / June 21, 2018