Bitcoin has most of its wealth creation still to go and could top a giant $1 trillion in market cap in just six years, new analysis claims. $1 Trillion Bitcoin Doesn’t Need Parabolic Trend Published last week, the forecast by Blockchain investment advisory resource, Byte Tree, suggests that even with conservative growth, Bitcoin will achieve...Read More
Binance has announced the newest initial exchange offering (IEO) and it’s the Band Protocol. As per the new rules, investors have to hold BNB for an average of 30 days prior to the IEO itself. However, given that the latest launch held on the platform – that of Perlin, brought insignificant returns, the question is...Read More
Bitcoin’s price, which was stuck in a limbo, is facing a tipping point. If the volume is high and the price continues to trend higher, the bulls are back in action. However, if the volume is not enough, BTC prices will face uncertainty, just as Schrodinger’s cat did. In yesterday’s article, Bitcoin’s daily chart presented...Read More
Ripple resumes yesterday’s price recovery, but is still below $0.26 XRP faces hurdles above $0.2580; bears to blame The 3-month chart appears depressive, esp. for investors, as XRP has seen a significant downward shift. The price level near $0.25 has been acting as strong support for Ripple since the last seven days. Ripple price was...Read More
Ethereum is trading in its narrowest seven-day trading range since April this year Technical analysis suggests a move towards the $200.00 level is increasingly likely Sizeable bullish falling wedge pattern seen on the four-hour time frame Ethereum is poised for a major technical breakout, as the second largest cryptocurrency trades in its narrowest seven-day trading...Read More
About $1 billion worth of Bitcoin was moved yesterday in a single transaction, sparking reactions on Twitter and other social media sites. TokenAnalyst went deeper and found that a significant share of sending addresses point to crypto exchange Huobi. 94,504 Bitcoin Reaches a Single Address On Thursday, Twitter user Whale Alert announced that 94,504 Bitcoin...Read More
A buoyant sentiment carried into the bitcoin market this Friday as the benchmark cryptocurrency inched towards the $11,000 level.The BTC/USD instrument established a local top of $10,925 on San Francisco-based cryptocurrency exchange at 1215 UTC. The move brought the pair to its 16-day high and further promised to end the week in positive territory. Bitcoin...Read More
LTC records 0.9% dip since yesterday declining from $67 to $66 It may not be a good time for the Litecoin token holders since the coin has started trading below $100 again. But the tides may change in the upward direction very soon. LTC has made good progress in this year and can be expected...Read More
The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy. This is the conclusion of Thomas Jordan, chairman of SNB’s governing board. Libra Might Impair SNB’s Monetary Policy While the discussions around Libra tailed off, the SNB chairman found it...Read More
This year, Bitcoin (BTC) has done astonishingly well. Year to date, the cryptocurrency’s price has gained some 200%, surging off an influx of positive news and the start of a new hype cycle.Simultaneously, central banks have put their noses to the grindstone, activating dovish monetary policies across the board. There is now over $17 trillion...Read More
A $1 billion Bitcoin (BTC) transaction became conspicuous because its sender spent far too much on fees. Some are guessing at the origin and destination of the funds with some believing it’s tied with Bakkt. There was a $1 billion Bitcoin (BTC) transaction whose sender spent a bit too much on fees. Social media users...Read More
According to Gemini, off-exchange or OTC trades on the new Gemini Clearing platform can be carried out both between two parties or through third-party brokers. Cryptocurrency exchange Gemini has come up with a new digital clearing and settlement solution. Named Gemini Clearing, the new service allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades...Read More
With this move, Paxos plans to democratize the gold trading process by leveraging the power of blockchain technology. The Pax Gold (PAXG) token will make Gold mobilization absolutely easy. Popular stablecoin issuer Paxos has now planned to digitize the most-precious metal gold. Bridging the gap between the gold investors and crypto enthusiasts, Paxos unveils a...Read More
Bitcoin is looking at a fresh yearly high if support sticks, analysts have claimed. | Source: Shutterstock Since September 2, within four days, the bitcoin price has recovered from $9,500 to $10,700, rising by well over 10 percent against the U.S. dollar. The bitcoin price on a steady recovery since early September (source: coinmarketcap.com) As...Read More
Blockchain technology is gaining ground in the global energy sector. Following the success of Vakkt, the world’s first energy blockchain, China’s Sinochem and strategic partners are looking into the development of energy blockchain as well. A subsidiary of Chinese State Oil Group Sinochem, Royal Dutch Shell, and Macquarie Group are set to build a blockchain...Read More
Saar Wilf, the founder of the ambitious Initiative Q project, helps us explore the potentials of a Centralized Virtual Currency. I’ve been struggling with the inefficiencies of the payment world since my first online payments startup in 1997. This is one of the biggest and most impactful problems to solve in our current economic system....Read More
Today, with the fast growth of Cryptocurrency industry, Crypto players around the world are now looking for the right combination of safety and functionality in wallet platforms. In the same way, we bring you the BitGo platform which provides the professional services and meet the interest of people in the Cryptocurrency space. So, let’s start...Read More
A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token. The English-language website of the Hong Kong Economic Journal reported the news on Sept. 6, citing prior coverage by Shanghai Securities News, which is owned by the official Chinese state-run Xinhua News Agency....Read More
Some new cryptocurrency fundraising tools which should have “replaced” initial coin offerings (ICOs) have already failed and may never recover. STOs Have ‘Dropped Off The Map’ That was the conclusion of fresh research which studied cash injections in the cryptocurrency and Blockchain sphere for the month of August. Published by ICO research firm Inwara, the...Read More
Ever wanted to ramble like Trump on Twitter while wearing the latest celebrity outfit and curing your child’s pneumonia? With SingularityNET’s new version of the Beta Marketplace, blockchain AI can help you with that. The project is an AI-as-a-Service provider, offering a decentralized marketplace for purchasing various AI services – applications performing specific functions through...Read More
China’s proposed new digital currency would be better than Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank official said. People Bank of China announced enthroning their new digital currency chief who claims their upcoming digital yuan has features that are...Read More
Cardano is ranked at #12 to the south of Stellar but above LEO in the market. The price diminished at a rate of 2.26% in the course of the past 24-hours. The trading volume recorded is $47.140 million, while the supply has 25,927,070,538 ADA coins in play. As of this instant, the total market cap...Read More
The recipient wallet of the $1 billion Bitcoin (BTC) transaction on Sept. 6 is now presumed to be the first richest non-exchange address. The recipient wallet of the massive 94,504 Bitcoin ($1.031 billion) transaction is the top richest Bitcoin address that is not reportedly associated with any crypto-related company, according to data from monitoring resource...Read More
The Alibaba Group has announced its acquisition of online e-commerce platform, Kaola, from NetEase. Alibaba will also be investing $700 million in NetEase’s Cloud Music streaming platform, as part of a separate deal. Chinese multinational e-commerce and tech conglomerate, Alibaba Group, has just acquired Kaola, from NetEase Inc. The acquisition worth $2 billion will create...Read More
China’s state digital currency is coming. | Source: Shutterstock China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank. Relaying the several key attributes of China’s new central bank digital currency (CBDC) Mu Changchun, deputy director...Read More
Poloniex is planning to upgrade XRP wallets, an upgrade that will result in the suspension of transactions for a short duration of time. This step is deemed important by the exchange for enhancing user experience. With this upgrade, users will no longer be required to deposit 20 XRP as the base reserve for opening an...Read More
NBA2K20’s lootboxes have been controversial for ties to gambling. | Source: YouTube A quick look at the NBA 2K20 listing over on Valve’s Steam digital storefront and you’ll see that 2K’s latest basketball sim come thinly-veiled gambling extravaganza has some rather unlikely tags. Source: NBA 2K20/Steam/Valve NBA 2K20’s Horror, Dating Sim, Mature Tags Stream now...Read More
