Bitcoin trade volume drops sharply as volatility flattens

We already know that we’ve recently suffered the longest continuous price decline in Bitcoin history – but analysis has shown just how much it’s affected cryptocurrency trading. Blockchain research unit Diar compiled volume data across major cryptocurrency exchanges to find trade activity has hit lows not seen in years. In the case of Binance, still the world’s most popular cryptocurrency exchange by daily volume, the US dollar-based market for Bitcoin saw a 40-percent reduction in trade across January when compared to the previous month. “[This marks] the popular token exchange‘s worst period since the now-largest exchange came to prominence in 2017,”…

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8 expert insights on what will happen with Bitcoin in 2019

From the dramatic price plunge of Bitcoin and other digital assets to the regulatory crackdown on initial coin offerings (ICOs) and the continued trail of crypto-exchange hacks, the cryptocurrency industry put behind a very turbulent year. But does it mean that Bitcoin is ready for a period of calm and recovery, or is it headed for rougher times? We asked cryptocurrency experts on what they think Bitcoin’s highlights will be in 2019. As it happens, like many other things in crypto-land, predictions are very difficult, and there’s little agreement on what Bitcoin will look like in the year ahead. Lightning…

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Meet the man archiving the internet

Back in 1996 when the internet was primitive, a couple of San Francisco-based engineers were looking to solve the problem of saving websites from vanishing after they were altered or shut down. They founded the Internet Archive, a nonprofit digital library. The purpose of the Internet Archive was to… archive the internet. In 2001, this preserved World Wide Web collection was made available to the public via the Wayback Machine, whose simple mission was to bring “Universal Access to All Knowledge.” The Wayback Machine still operates today, with Director Mark Graham at the helm — anyone with internet access can search through…

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Facebook is doing something with blockchain, but nobody knows what

It’s been a busy week for Facebook. The tech giant celebrated its 15th anniversary amid calls for improvements in its data handling and privacy policies. One day later, Cheddar reported the company had quietly snapped up the team behind Chainspace, a London-based blockchain startup. Hard Fork reached out to Facebook to find out about its blockchain plans. “Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology. This new small team is exploring many different applications. We don’t have anything further to share,” a spokesperson said. What we know about the deal The statement does not reveal much…

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