Bitcoin went through yet another week full of volatility and considerable market movements. The cryptocurrency decreased by a total of about $400 in the past seven days. This happens just before the Chinese New Year, and history revealed that it has historically been a rather bad time for Bitcoin. However, it’s also worth noting that...Read More
One of the most successful and popular entrepreneurs, Elon Musk, recently spoke about Bitcoin and the general idea of cryptocurrencies. Appearing on a podcast, he said that digital assets will not replace cash fully, but they have a role to play. Bitcoin Won’t Replace Money: Musk Elon Musk is widely known for his business endeavors...Read More
At the World Economic Forum in Davos, IOHK CEO, Charles Hoskinson spoke about how Bitcoin, cryptocurrencies and blockchain technology can help the world solve numerous problems that societies struggle with today. “The whole world is changing,” he said. “We’re going from fragmented siloed markets that live within the borders of countries to one global market.”...Read More
In an industry like this, where cryptocurrency prices are highly volatile and unpredictable, putting all eggs in one basket could be quite risky. Many got to know this the hard way, while some learned from the experiences of others. A recent Twitter poll revealed that an increased number of crypto traders and investors are now...Read More
The altcoin market is looking a lot like bitcoin in 2011-12, analyst suggests. That’s a good thing for the market bulls. | Image: shutterstock.com The altcoin market cap may be bottoming out. One trader suggests that the altcoin market cap is mirroring bitcoin’s 2011-12 cycle. If the analyst is correct, there’s a chance we will...Read More
After a turbulent start to the new year, crypto-market sentiment appears to have improved. The market saw a pump in Bitcoin SV’s stagnant price, making it the top-performing crypto-asset over the past week. However, Bitcoin continued to lead the crypto-market due to the increased correlation between the world’s largest crypto-asset and altcoins. According to a...Read More
The Bitcoin SV saga has been one of the highlights of January 2020. After the collective market went on a bullish run in the second week of January, the controversial Bitcoin SV registered a hike of close to 300 percent, taking its valuation from $116 to $457 in a span of 4 days. In fact,...Read More
The United States’ Securities and Exchanges Commission [SEC] has already started to take action with regard to initial coin offerings this year. The first move this year was to charge a convicted criminal for conducting a “fraudulent ICO using a fake identity,” one that raised over $30 million, according to an official website. The most...Read More
According to a recent post by Litecoin.com, the Litecoin Network has facilitated the transfer of over $100 billion in 2019 and was able to sustain its usage over the year, despite the wider crypto-market performing poorly in the second half of the year. While 2019’s figures are lower than the ones recorded in 2018, the...Read More
After last week’s surge to nearly $9,200 and the following retracement, Bitcoin has been trading mostly in a range between $8,500 and $8,750. Yesterday, it noted a quick dip to $8,480 on Bitstamp and immediately surged back to over $8,700, which is where it currently stands. If Bitcoin’s bullish 2020 price movements are to continue,...Read More
The world’s largest cryptocurrency, Bitcoin, is undoubtedly the most successful coin, seeing immense adoption and growth over the past few years. The cryptocurrency not only paved the way for an electronic cash system, which does not rely on a 3rd party, but also led to the creation of several other cryptocurrencies/technologies and several other industries...Read More
Facebook’s unveiling of its plan to launch a digital currency dubbed Libra has not only drawn the attention of regulators worldwide, but it has also initiated talks about central backed digital currencies, with China currently leading the race. With the country extensively pushing forth the growth of its blockchain ecosystem, it is still unclear when...Read More
In a recent interview, CEO of IOHK and Cardano founder, Charles Hoskinson, spoke about proof-of-stake systems, Ethereum smart contracts, and IOHK‘s goals for 2020. According to Hoskinson, there is a large group of people in the cryptocurrency space who either believe PoS is a Ponzi scheme or that Cardano’s particular flavor of it is flawed....Read More
“The point of all these cryptocurrencies and blockchains is ultimately the management of assets, information, trust, and data,” said Charles Hoskinson, CEO of IOHK and Founder of Cardano, in a recent interview. During the same, Hoskinson spoke at length about Bitcoin, blockchain security, Ethereum, and about creating a global social operating system. According to Hoskinson,...Read More
Cardano blockchain’s official commercialization arm, EMURGO, has announced the establishment of a “strategic blockchain taskforce” with the Uzbekistan government’s National Agency of Project Management [NAPM], the KOBEA group, and Infinity Blockchain Holdings. EMURGO’s official blog post also revealed that the firm will lead the development of a legal framework for security token offerings [STO] and security...Read More
It is a common narrative in the digital asset industry that most of the time, Bitcoin is responsible for driving the market on a bullish surge. This is largely due to the fact that presently, Bitcoin dominates the crypto-market cap, with a dominance index of 66.3%, at press time. However, over the past week, the...Read More
Facebook’s proposed crypto-project Libra did not receive the very warm welcome it once expected. However, what it undeniably did was open a much-needed conversation among many in the mainstream industry. While it does not seem likely that the hurdles for Libra will be gotten over any time soon, David Marcus was invited to the 2020...Read More
Bitcoin has always been hailed as the ‘one true cryptocurrency,’ more so because of the number of impersonators it has, than what its white paper claims. While Satoshi Nakamoto did pen Bitcoin as “a peer-to-peer electronic cash system,” this claim has been co-opted by one too many. Using the Bitcoin name, many impersonators have gained...Read More
The crypto community views cryptocurrencies in numerous ways. From trading opportunities to store of value, and occasionally for their real purpose of being used as a payment method. Today, the main topic will be a rather conspicuous one that has been discussed many times, but it needs more awareness – adoption. Furthermore, let’s examine an...Read More
“Financial privacy is like a fundamental right”, says Jesse Powell, CEO, and Co-founder of Kraken. But Bitcoin and other cryptocurrencies are pseudonymous, i.e., transaction information is easily available for further analysis. In response to this, new technology has been developed over the years to recreate privacy by restoring anonymity. While this gave rise to privacy...Read More
The bearish lows of December 2019 were overcome with the recent collective surge witnessed by the crypto market. Bitcoin silver’s counterpart Litecoin experienced a similar hike over the period as the 7th largest digital asset breached its psychological resistance of $50. Litecoin was valued at $59.60 at press time with a market capitalization of $3.77 billion....Read More
Last week was nothing but volatile for Bitcoin and the entire cryptocurrency market. Fortunately, the volatility did well. Seven days ago, Bitcoin was trading at around $7,950, while today, the cryptocurrency stands at almost $8,900. This marks an increase upwards of 13% for the past seven days. It’s worth noting, however, that this time altcoins...Read More
Bitcoin has managed to consolidate higher in the charts after a few consistent surges; other major assets have followed BTC’s path in improving their respective valuations. Despite rising market caps, the address profitability for certain major cryptos has not mirrored their current market performance. Data from intotheblock.com indicated that a majority of the addresses holding...Read More
2020 has so far been particularly positive for Bitcoin and the rest of the cryptocurrency market. Starting the year at around $7,100, BTC currently trades at almost $9,000, charting notable increases throughout the entire week. In the past 24 hours alone, Bitcoin gained another 3% to its value, increasing from around $8,650 to about $9,000...Read More
The Malta-based cryptocurrency exchange, Binance Holdings Limited announced entering into a strategic partnership discussion with Z Corporation, a wholly-owned subsidiary of Z Holdings Corporation and TaoTao Inc., a Japanese licensed cryptocurrency exchange. The official release stated, “Z Corp, a subsidiary of Yahoo Japan, and TaoTao will continue discussions and deliberations with Binance and begin preparation to launch...Read More
2017 bull run opened the flood gates for the cryptocurrency ecosystem and many investors have not looked back. Fast forward two years and the debate still arises whether the rate of involvement and widespread utility of digital assets is prominent or not. 2019 witnessed the growth of institutional investors with major market players such as...Read More
Crypto Rating Council, an organization led by Coinbase and seven other platforms, announced the inclusion of three new members and the publication of five new asset scores, namely, crypto exchange OKCoin USA, social trading network eToro USA, and RADAR, a blockchain tech platform. With this latest addition, the three platforms join eight other industry players...Read More
IOHK, the research and development arm of decentralized public blockchain and crypto project, Cardano, released Jormungandr 0.8.6 version for Cardano pool operators. This was revealed by Rick McCracken, Cardano Ambassador on January 15th. The latest release aims to improve the network stability of the node. The roll-out of Jormungandr 0.8.6, comes with several optimizations. IOHK...Read More
According to a 2019 investment report released by Grayscale, one of the world’s leading authorities on digital asset investment, the digital giant has managed to raise over $600 million throughout 2019, with most of the funding coming in from major institutional players. Specialized in digital asset diversification, the company managed to grow its investment base...Read More
Malta-based cryptocurrency exchange Binance launched a function that allows users to instantly convert other stablecoins into BUSD, on January 16, 2020. The announcement stated, “The ratio to convert PAX, USDC, and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the current...Read More
