Since the massive bitcoin and crypto surge in late 2017 and resultant crash in 2018 everyone has been waiting for a return to those giddy heights. In reality, it may just take a little longer as it did after the dotcom bubble burst. Bitcoin’s Slow Build Looking at previous years may give us an indication...Read More
With the advent of the new year, a new excitement has entered the crypto market. Bitcoin and other altcoins are trading in the green zone since the weekend and still going strong. Some of the altcoins like Bitcoin SV, Bitcoin Cash, etc surged considerably by more than 10%. It seems Ripple’s XRP crypto price is following...Read More
Jihan Wu, former CEO and Co-founder of Beijing-based mining chip manufacturing giant, Bitmain Technologies, has reportedly opposed the layoffs of a significant portion of the working staff at the firm. In an open letter to all Bitmain employees, the ousted exec’s Weibo post dated 6 January, read, “To all employees of Bitmain: I am firmly opposed...Read More
Bitcoin (BTC) probably doesn’t need much introduction after going mainstream and highly visible in 2017. But adoption is still in its very early stages, and more thought leaders, celebrities and businessmen are getting on board. Internet Money, Finance Disruptor: How Celebrities See Bitcoin The idea of a borderless Internet currency seems to appeal to some...Read More
According to a recent announcement by one of the world’s largest crypto exchanges, Binance, its USD-backed stablecoin was just approved by the New York State Department of Financial Services. One of the world’s largest crypto exchanges by trading volume, Binance, has been making headlines on a regular basis for the last three years. The exchange...Read More
On 6 January, Ethereum Co-founder Vitalik Buterin led a discussion on the Ethereum Research forum, a discussion where he outlined a model for scalable data chains without committees through fraud-proof-free data availability proofs. According to Buterin, fraud-proof-free data availability checking schemes preserve more of the properties of a traditional non-sharded blockchain. “If a block is...Read More
Coinbase CEO Brian Armstrong spilled out his thoughts about the Blockchain and Crypto industry in a blog post. As per his estimation, 1 billion users will join blockchain by the end of decade as more and more use cases are being invented. As we write, blockchain is already implemented in Financial sector with many firms...Read More
Financial institutions in South Korea may soon be able to launch Bitcoin derivatives and other crypto-based products as part of the country’s effort to make crypto a legal asset. The South Korean presidential office of the 4th industrial revolution Commission published a document advising the Korean government on some policies they could use as a...Read More
Despite a strong rebound in both price and sentiment, the Bitcoin market is grappling with the lowest real trade volumes seen since April last year, as reported by Forbes. Bitcoin posted a convincing bull rally Friday morning, seemingly ending a weeks-long consolidation that had taken BTC down to $6,900. The recovery appears to have been...Read More
The Malta-based, Binance exchange makes the best efforts to choose high-quality coins and improve user trading experience. In a bid to improve liquidity further, the Binance exchange has decided to remove USDC trading pairs that are not widely used. A blog post announced this delisting. The pairs to be delisted are ALGO/USDC, FTM/USDC, ONT/USDC, XLM/USDC, USDS/USDC....Read More
China will soon be unveiling its state-backed cryptocurrency and it has left no stones unturned in publicizing it. However, looking at the few nations embracing blockchain and cryptocurrencies, the South Korean Presidential Office’s 4th Industrial Revolution Commission has now endorsed pro-crypto sentiment, according to a local media report. The Presidential Commission suggested that the government...Read More
The crypto industry never has a dull day. Either one of the altcoins is faring well or Bitcoin pumps/plunges. Even the total market cap is subjected to the ups and downs. As per Coinmarketcap & Coingecko data, the total market capitalization has crossed the $200 billion barriers the first weekend of 2020. Coinmarketcap Over the...Read More
According to a report, Qatar’s financial watchdog, the Qatar Financial Centre [QFC] Regulatory Authority, has prohibited trading in cryptocurrencies, adding that the ban has been imposed on “anything of value that acts as a substitute for currency, that can be digitally traded or transferred and can be used for payment or investment purposes.” The aforementioned...Read More
As the new year begins, Qatar’s Financial Center, the nation’s regulatory authority, has issued a blanket ban on cryptocurrency-related services in the Gulf nation. The prohibition covers not only cryptocurrencies but “anything of value” that could substitute fiat currencies. Qatar Bans Cryptocurrencies The Qatari Financial Center, which is also the nation’s regulatory authority, has issued...Read More
The calendar turned a new leaf, yet Facebook proposed Libra cryptocurrency is not out of the scrutiny. Libra continues to receive negative responses, this time from German Central Bank’s President Jens Weidmann. The Bundesbank President “wants to slow down the Facebook proposed crypto through regulations” claims a local report. As per the report, Weidmann believes...Read More
Bitcoin‘s huge energy costs have been worrying many in the crypto-community, especially in light of the fact that many outside the community have directed hate against the industry with headlines like “Bitcoin is an environmental disaster,” “Bitcoin is killing the planet,” and “Bitcoin mining on track to consume all the world’s energy by 2020.” However,...Read More
Monero Crypto, the king of Privacy has a great start in 2020. Ever Since Europol Analyst confirmed that Monero is indeed untraceable, the XMR price is surging. Monero price has seen a 20% surge last week. Moreover, Coinmarketcap data shows that Monero has overcome Stellar to make its position as 10th crypto as per market...Read More
Despite an uptrend in the crypto market and major technical breakthroughs, Cardano (ADA) is failing to recover. Down by 97 percent from its record high, the price of ADA is struggling more than any other top cryptocurrency. XRP and Stellar (XLM), which had poor performing years in 2018 and 2019, have outperformed Cardano in terms of...Read More
The Bitcoin price has increased by more than eight percent from Jan. 3, within a three-day span. Many analysts have attributed the short-term gain to the crisis in the Middle East, but it is likely far-stretched. Prior to the large upside movement last Friday, technical analysts like DonAlt said that a spike in volatility is...Read More
One of the main events lined up for Bitcoin this year is the block reward halving which is set to occur in the month of May. Keeping this in mind, several influencers and traders have opined on whether or not there would be an upward push in Bitcoin’s price. Andreas Antonopoulos, author of Mastering Bitcoin, also...Read More
