Is the bottom in? Crypto community shares their thoughts

Buying the dip instantly becomes a nightmare when crypto prices go down even further as the bear market continues its onset. However, recent dips show that current prices may potentially be a good entry point for traders. To find out what the community thinks, Cointelegraph asked Twitter to answer the question — is the bottom in?  Could you please stop jinxing my shorts? — Stoic Trader (@stoic_traders) September 22, 2022 From bracing for further impact and waiting for Bitcoin (BTC) prices to go lower to hoping the fun that comes…

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Litecoin Foundation’s managing director shares his thoughts on decentralized money

Litecoin (LTC), known as “the silver to Bitcoin’s gold,” has been around for almost 11 years — which is quite a feat considering a fair amount of cryptocurrencies go bust within 12 months of launching. Cointelegraph spoke with the Litecoin Foundation’s managing director, Alan Austin, about why he thinks Litecoin’s core utility is serving as a reliable means of payment. As told by Austin, much of his vision for Litecoin is drawn from personal experience: “When I finished grad school, I worked with startup technology companies and real estate. And…

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Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada

It’s a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald Cotten, co-founder of Canada’s then-largest cryptocurrency exchange QuadrigaCX, died under mysterious circumstances in India. But, before his passing, Cotten took virtual keys for digital wallets and moved them into cold storage, leading to the permanent loss of $190 million in user funds. The incident triggered a crisis of confidence in the country’s emerging crypto sector and made regulators deeply skeptical of blockchain technology. However, old wounds eventually heal. Fast forward…

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Vitalik Buterin shares his thoughts on non-financial use-cases for blockchain

Vitalik Buterin, co-founder of both Ethereum & Bitcoin Magazine, took to Twitter to share his thoughts on non-financial use-cases for blockchain technology. In a paper titled “Where to use a blockchain in non-financial applications?”, Buterin expressed a growing interest in using blockchain technology outside of the financial industry. He noted that while other industries have been slow to adopt the technology, he can “see the value of blockchains in many situations.” Where to use a blockchain in non-financial applications?https://t.co/T6jlAzCvew Big thanks to @pujaohlhaver @shreyjaineth for review! You should also check…

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Redditors share their thoughts on buying Bitcoin at all-time highs

Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth into Bitcoin (BTC) a few months ago, saying: “I don’t need this money for the next 5 to 10 years, but I have to admit sometimes I get so afraid of Bitcoin’s future; I mean it crashes or never reach $100k, $200k as the predictions for 2025+ says or at least $55k again lol, and I lose that money,…

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Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems

Last week, Vitalik Buterin, Ethereum (ETH)’s co-founder, voiced his disapproval regarding the emergence of cross-chain bridges, citing security vulnerabilities due to their interdependency. In the days that followed, however, developers working on cross-chain technologies largely dismissed his skepticism. In a statement to Cointelegraph, Kadan Stadelmann, chief technology officer of atomic swap blockchain Komodo, responded to Vitalik’s critique: “What we ultimately need is true decentralization. For example, instead of relying on one or two trusted bridges that have a single point of failure, it would be better to work towards a…

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CZ Shares Thoughts on Judging Token’s Success

Top cryptocurrency exchange Binance’s CEO revealed his thoughts on token economics to explain how finance in the emerging new crypto industry works.  According to Binance’s blog post on July 18, Changpeng “CZ” Zhao pointed out that it makes more sense to convert fiat currency to crypto such as Bitcoin and Binance’s native token BNB. Since the conversion fee on exchanges is substantially cheaper than what credit cards would charge.  Holding and burning are good for the token economy Zhao pointed out that if a team holds its own tokens, they…

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Sharing Thoughts on Security, OKEx’s Jay Hao Says Customers Come First

Jay Hao, the CEO of the digital asset exchange OKEx, took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China. In the past, Hao has stated that blockchain will eliminate transaction barriers, improve efficiency and ultimately impact the development of the global economy. But what does he think about the world of blockchain now? Cointelegraph: Is cryptocurrency a niche industry developing with uncertainty and volatility? And how did OKEx overcome the volatility of the industry to become one of the top exchanges? Jay Hao: As you…

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