Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice The cryptocurrency market’s rally has been halted in its tracks, and most altcoins along with Bitcoin have been registering a significant drop in prices lately. Ethereum, the world’s second-largest cryptocurrency, has also been seeing...Read More
eToro, popular Israeli social trading and multi-asset brokerage company, is the latest addition to the Israeli Unicorn club. eToro acquired this new classification of a “unicorn” after its valuation surged past $2.5 billion. According to reports, it had reported a valuation of $800 million during its last funding round back in 2018. According to a...Read More
[Featured Content] Bitcoin smart contract platform RSK announced its new “Powpeg” – a new and improved version that includes many decentralized qualities that protect private keys stored in special-purpose PowHSMs. The hopes are that Bitcoin proponents will turn to it as a primary choice of DeFi. The 2-way peg protocol brings interesting features, worth having...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin SV’s surge above the $200-resistance level was long-awaited, but it was extremely brief when it actually happened. The crypto-asset dropped below $200 within 24-hours and since then, Bitcoin SV has re-visited its common...Read More
While Bitcoin has increased by a total of around 400% since the March lows, the picture doesn’t appear as bright in the short-term as it draws away from $20,000. Over the past seven days, the cryptocurrency lost over $1,000 of its dollar value, charting a decrease of about 5%. During the week, BTC managed to...Read More
The NASDAQ-listed business intelligence company has surpassed its previous plans to offer $400 million in convertible notes. Instead, the firm announced today that it has raised $650 million via a senior convertible notes offering and asserted that the proceeds with be invested in bitcoin. The official announcement reads that “the aggregate principal amount of the...Read More
Today, the 11th of December, marked the first day of China’s latest DCEP trial in Suzhou after results of the lottery were announced earlier in the day. The day saw 200 million RMB ($30.6 million) of the digital yuan distributed to 100,000 people in digital red envelopes. These “winners” have been asked to spend the...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice It has been the same old story for EOS. After registering a high of $4.01 on 24 November, it has been a period of consistent decline for the crypto-asset. The cryptocurrency’s valuation at press...Read More
2020 has been an incredible year for many firms trying to incorporate Bitcoin into their larger financial systems. Grayscale took the leap first, in the minds of many, with Coinshares and Bitwise making noise as well. These Crypto-Index Funds are regulated and their main focus has been the market’s institutional investors. For context, Grayscale currently...Read More
XRP holders will see an airdrop of 45 billion Spark tokens on 12 December. Any owner of XRP tokens will receive the token in a 1:1 ratio, which by extension means that there could be 100 billion Spark tokens created. This will be carried out by the Flare Network, an airdrop backed by Ripple’s investment...Read More
The demand for Chainlink’s price feed has been rising by the day, with the same receiving new endorsements from more and more participants in the crypto-ecosystem. Prosper is the latest one, with the protocol announcing the completion of its mainnet integration with Chainlink’s Oracle network. Prosper is a decentralized short-term prediction market and hedging platform...Read More
While DeFi has been the most popular buzzword of the year, it is a space that is fraught with risks. In fact, a recent report by BraveNewCoin outlined a series of 18 serious non-financial risks for DeFi, a report addressing the inherent risks that a user may be exposed to when diving into this ecosystem....Read More
Ever get that feeling when you’ve been pushed into the deep end with no idea of what’s happening or what might happen next? Well, trading in the cryptocurrency market can often feel that way, especially to those who are new to the industry and its mechanics. What then? Well, as humans, we are programmed by...Read More
Despite a somewhat tumultuous year for the crypto-market amidst the COVID-19 pandemic, the market made a strong recovery. In fact, 2020 also saw significantly positive regulatory initiatives in the United States, when compared to the previous two years. The same was recently noted by Carla Carriveau, Chief Legal Officer at CoinList, after she said, “The...Read More
A year after PayPal suspended transactions for the leading adult website Pornhub, MasterCard, and Visa have followed the example in the midst of child abuse allegations. With cryptocurrencies remaining one of the few available options for payments, the question stands if such association is indeed positive for the industry. Visa and MasterCard Block Use Of...Read More
1xBit bookmaker stands out with cryptocurrencies payment method. Since its launch the company has focused on user anonymity and monetary transactions. All sports betting with bitcoin – 1xBit licensed from Curacao and has versions in over 50 languages. The welcome offer amounts 100% match, but not more than 7 BTC on the first top-up. This...Read More
It seems that every week the Decentralized Finance (DeFi) sector is hit by news of a new rug pull. Tokens with anonymous teams behind them garner hundreds of thousands, even millions of dollars in market cap. Some buyers willingly ‘ape’ into a new project with the expectation of a manifold return on investment, even when...Read More
For nearly a decade, critics of cryptocurrency have had one last holdout argument against the non-hard form of money: it’s not acceptable as a standard form of payment except in a few niche markets. Now that some of the world’s largest paysites, banks, retail stores, and e-commerce entities accept Bitcoin (BTC) and several other cryptos,...Read More
Global Macro Investor CEO Raoul Pal has listed a number of reasons that Ethereum may well exceed Bitcoin in terms of market capitalization in the future. At the moment Ethereum’s market cap is just 18% of Bitcoin’s with $62 billion compared to $334 billion. In a flurry of tweets today, the investment strategist and economic...Read More
