new img advantage img Cryptosomniac Advantage
Latest News >>> Binance has just announced they are to delist BSV on Monday, April 22nd, at 10AM London time. Binance said: “At Binance, we periodically review each digital asset we list to ensure that it continues…      >>> By Liquid Head of North America Nick Chong and Cointelligence Chief Strategy Officer Hosam Mazawi The prospect of cryptocurrency and blockchain technology fueling the move to a trustless economy has a…      >>> QuidaxBlockedUnblockFollowFollowing Apr 15 It’s pretty easy to get lost in the maze of buzzwords and technical terms surrounding cryptocurrencies. Often times, such words get lost in translation even…      >>>      
Proof Of Work Vs Proof Of Stake- Comparing Bitcoin, Ethereum, Cardano, & Algorand Protocols

One of the major downsides of PoW, Bitcoin’s current algorithm, is that it is incredibly resource intensive. By design, the Bitcoin network requires a vast amount of mining and electrical power to operate as intended. Proof of stake, on the other hand, is an alternative method in which a block is determined by how large a stake a person holds rather than the computational power that they produce.

Proof of stake, on the other hand, is an alternative method in which a block is determined by how large a stake a person holds rather than the computational power that they produce.

Does The Bitfinex Saga Even Matter?

​Bitfinex Saga Continues-but does it matter?Depends who you talk to…By now most of you know the New York…..Read More

Satoshi’s Timechain

​Satoshi’s TimechainSo what’s this blockchain?Bitcoin enthusiasts have been relishing in the recent resurfacing of the pre-release Bitcoin source…..Read More

Does Coinbase Have An Ethics Problem?

Does Coinbase Have An Ethics Problem?And crypto twitter wasn’t having itDepending on who you follow on twitter or…..Read More

Developers Continue To Flock To Crypto

The Army of Developers Working On Public CoinsA bear market poses no threat to a relentless community Electric…..Read More

Security Tokens- CIS Team To Launch Security Token Summit

Security Tokens have been all the buzz in the later part of 2018. It’s no secret that the ICO craze of 2017 led to a historic run up of the crypto markets, but Bitcoin’s fall from its all time high of $20k left a bad taste in investors mouths. The Bear Market of 2018 has decreased the rabid enthusiasm felt by many, as the general public has lost some interest in cryptocurrency, yet die hard believers remain as interested as ever. Many believe 2019 will be the year of the security token, leaving retail investors concerned they will not be able to continue to participate in this new economic revolution.

Competition- Horizen Giving Away $100 In FREE ZEN

The contest starts December 27th 2018 and runs for 2 weeks. The Sphere application is more than just a wallet, it offers features to help users stay informed on the ZEN blockchain, run a node, as well as message and transact privately and securely.

Crypto Santa Clause Rally Running Out Of Steam?

Several weeks of positive price action for Bitcoin since the beginning of December likely contributed to investors nostalgia for the massive movements this time last year. Since the price dipped under 6k on November 12th. Three consecutive weeks of higher lows and higher highs have not been seen since the weeks between Oct-Sept of 2018, as seen above. While larger time frames generally trump smaller when making trading decision based on Technical Analysis, data points shown in larger time frames often can be confirmed or rejected when inspecting smaller time frames.

Blockchain Forensics – US Govt. Wants To Crack Monero & Zcash

Regulators in the US have been increasing spending on blockchain forensics, seeking to crack down on those using the technology for illicit activity. Siting the success they have had with forensic analysis of the bitcoin blockchain, the Department of Homeland Security has now set its sights on privacy tokens.

Monero: How To Get Funded In XMR

One of the most robust privacy protocols on the planet belongs to the Monero blockchain. Boasting Ring Signatures to conceal the sender’s identity, RingCT to conceal the amount of the transaction, and Stealth Addresses to obfuscate the recipient, it provides a truly secure way to transact peer-to-peer. Monero recently upgraded the protocol with the addition of bulletproofs, reducing transaction fees by ~80% and increasing transaction times.

Horizen (ZEN) Announces Launch Of Sphere Wallet

The Horizen team announced today in their official press release that they’re unveiling their flagship wallet product. Sphere by Horizen will be much more than just a wallet, however. The app will support additional features such as end-to-end encrypted messaging, the ability to run a full node, giving users the option to select between a full or lite client, and the ability to transfer funds privately or transparently peer-to-peer.

Report States Tether Has Large Cash Stockpile

Cryptocurrency Tether has long been one of the largest mysteries in the space. Often used as a hedge against USD value by cryptocurrency traders, Tether has regularly come under question by many investors for whether or not the company has enough cash reserves to back the number of tokens issued. The so called “stable coin” has enjoyed a significant amount of volatility for a cryptocurrency that is always supposed to be pegged to the US Dollar on a 1:1 ratio plummeting as low as $0.84 on October 15th 2018.

Bitcoin Historical Corrections & What We Can Learn

12/14/2018Much like any market, Cryptocurrency is subject to market corrections.  Last year, Bitcoin saw it’s all time high…..Read More

Best Cryptocurrencies 2019: Our Top 5

Cryptosomniac selects their best cryptocurrencies 2019, the upcoming year. Selections were made on sound fundamnetals, realistic expections & use case.

Crypto Invest Summit Partners With Litecoin Foundation

Los Angeles based Crypto Invest Summit recently announced they have partnered with the Litecoin Foundation for their upcoming Spring event April 8th-10th 2019 at the LA Convention Center. One of the largest Cryptocurrency conferences in the United States, Crypto Invest Summit is attended by developers, entrepreneurs, investors ranging from institutions to retail level, exchanges, broker dealers, and members of the media. With two solid events under their belt in 2018, the next CIS looks to be even better!

HTC Launches Blockchain Smartphone Exodus 1

Taiwanese manufacturer HTC has released their venture into blockchain focused smart phones with their new Exodus1, a move that sees the company pivot towards a privacy focus in a bid to maintain relevance. The phone runs on Android and will come equipped with HTC’s newly developed native Zion wallet. It uses a secluded area on the phones chip which runs in parallel to the Android OS, effectively rendering the phone a hardware wallet.

Support Now Resistance For Bitcoin (BTC) Bulls At $3600

Bitcoin continues it’s year long slide from all time highs, finally having broken the long-term trend line that has served as support over the last 48 months. BTC Bulls were able to defend the $6000 price range for several months before finally losing out to the bears relentless selling pressure on November 14th.

MonarchPay To Debut, Wallet Adding Fiat Pairs

The Monarch team is proud to announce the wallet will officially include a USD pairing before the end of 2018. The wallet will allow users to buy and sell cryptocurrencies directly from within the wallet using a bank account or credit card. This is a strong competitive advantage for the Monarch wallet, which already supports BTC, XLM, XRP, and every ERC20 token.

Stellar Completes 100% Retracement From November

Amidst the bear market a few projects have managed to retain their value as prices continue to plummet. One that has remained resilient nearly the entirety of 2018 is Stellar Lumens (XLM). Stellar has performed well over 2018, overtaking BCH, EOS, and LTC to currently hold the #4 spot in overall market cap. While many projects have stumbled in their development, struggling with scalability concerns or financial woes, Stellar has been full steam ahead making partnerships with major players such as IBM, Deloitte, and Stripe.

Binance Drops DEX Preview!

The Binance team has unleashed a preview of their new distributed exchange, to be launched on their forthcoming Binance Chain. The DEX will feature BNB as the native token, and the interface will feel similar to users already familiar with Binance, with a few notable changes.

Bitcoin Threatens To Break Long Term Support

As the bear market weathers on, many traders have been wildly speculating on the direction that Bitcoin (BTC) will head in the near future. Technical Analysis reveals that bitcoin has fallen to test the long term support previously held since around August 2015. Volume overall has steadily been decreasing since the run up that began March of 2017, with a steep increase in bearish volume since the beginning of November this year.

Was $4K The Bottom? Long Term Technical Analysis.

This is the best fit trend line we’ve created and held for the last 2 bull cycles and bear markets.
It’d be wise to watch a close above the trend line on higher time frames and ensure we’ve respected it rather than FOMO in because you think $4k was the bottom and then we get rejected by the trend line at $4,300/$4,400 and we fall back down again.

When Is The Right Time To Buy Bitcoin?

Bitcoin has been all over the news recently. Many are touting the financial and technological innovation as the…..Read More

South Korea Approves Local Banks’ Functioning With Cryptocurrency Exchanges

The South Korean government recently conducted a state affairs audit to assess the overall progress and performance of…..Read More

Binance Coin Is Now Available On EToro Platform For Trading

eToro, a leading crypto trading platform, has announced its partnership with the famous cryptocurrency exchange Binance and made…..Read More