Lightning Network adoption has increased over the last few months, with more and more exchanges now integrating it. According to a recent announcement, San Francisco-based financial firm, River Financial, is the latest to enable Lightning deposits and withdrawals. Developed to increase Bitcoin’s scalability, Lightning Network’s adoption was slow for the whole of 2018. However, in...Read More
The current decade is approaching its summation and it is fair to say that the cryptocurrency ecosystem has been one of the largest growing sectors during this period. Bitcoin and other major assets have received massive attention in the economic landscape as the digital asset ecosystem transcended into a $200 billion industry. The growth of...Read More
A look at the price movement chart for XRP since its inception showed little price action over the last year. 2019 saw a yearly high of around $0.50, a dismal price-tag compared to 2018’s high of $3.31. It had breached under the $0.20 mark earlier this month and has had some trouble recovering from the...Read More
Facebook‘s Libra has been in a tough spot since its inception. Though conceptualization was way back in July 2018, David Marcus and his team have faced constant pushbacks from policymakers and regulators across the globe. Speaking to Reuters, Patrik Ellis, one of the board members of Libra Association had stated, “At this stage, there is...Read More
After touching a low of $0.175 on December 18, XRP’s performance over the rest of 2019 seems much more digestible. For the period between January and April, XRP consolidated between $0.30 and $0.32, only to rise to $0.50 by June. The coin has been on a steady decline since then, with only a couple of...Read More
After spending the first half of December above the $140 mark, Ethereum dropped by 18% over the two days since December 16. While the coin has made efforts to rise up to the $134 level since, rejection at the resistance level has been brutal, pushing ETH down to $125 at the time of writing. Ethereum...Read More
Despite Litecoin dropping by 16% in a little over a day on December 16, it has made considerable headway in crossing above the $40 mark, valued at nearly $43 just two days ago. At the time of writing, LTC’s $40 price-tag is still better than the December low at $35, which was last seen in February...Read More
February 20, Times Square NYC It has now been just over two years since the release of the first Non-Fungible Token standard – A way of registering unique, digital assets on the blockchain. The first major NFT event in North America, NFT.NYC 2019, saw almost 500 attendees and over 80 speakers meet in New York...Read More
Other than the bullish movement earlier this year, where ETH reached its 2019 high at around $360, the coin spent most of the year under the $220 mark. The recent Ethereum Istanbul upgrade also didn’t do ETH any favors, dropping to a value of $128 at the time of writing. Ethereum 1-day chart Source: ETHUSD on TradingView...Read More
Bitcoin’s daily close yesterday confirmed that there will not be any more upside, at least, nothing above $7,600. Moreover, the indicators that exhibited bullish trends have slowed down; they are on the verge of a reversal. Moreover, the price also got rejected by the centerline of a major descending channel seen on the daily time...Read More
EDEN is the EPCIS Decentralized Network, a blockchain-as-a-service providing supply chain visibility tools. Multichain Ventures created EDEN as a solution to the challenges of proving the provenance of goods throughout supply chains for legal cannabis businesses. For the peace of mind of responsible customers and complying with strict regulations, EDEN provides stakeholders with an easy...Read More
10,000 participants are expected to join CHAIN2020 in Hong Kong on January 15, which aims to become one of the largest blockchain educational conferences. CHAIN2020 launches a series of educational conferences supporting Blockchain&FinTech initiatives in Asia and provides an opportunity for curious and intrepid individuals to engage in innovative conversations about the future of humans...Read More
One of the drawbacks the U.S regulators have constantly faced in the cryptocurrency space is the lack of regulation that was put forth, and, notably, this has been cited as one of the reasons that has stifled the growth of the market in that region. In response to this, several proposals have been made to...Read More
With XRP dipping below $0.20, it has been a tough time for bag holders to bear as this is the second time XRP has dipped below the $0.20 point in a month. Even as Ripple, the company closely affiliated with XRP, makes headway into the payment industry, the price of XRP seems to facing troubled...Read More
The price of Bitcoin fell to $6,500 range on December 18, soon thereafter, the price saw a spontaneous rise to $7,400, a 15% pump in 10 hours. With longs hitting an all-time high on Bitfinex, this unexpected surge in BTC’s price saw huge liquidations of Bitcoin longs on BitMEX. Hourly Chart For now, Bitcoin’s price...Read More
Noted cryptocurrency exchange, Poloniex, in a recent statement, has announced that it will be offering a 65% Annual Percentage Rate (APR) on USDC deposits and 8.5% on USDT (Tether) for lenders located in the European Union. EU customers: Got $USDC or $USDT? Get interest ? Starting now, USDC & USDT lending is open for EU...Read More
What Is Reli? Reli is reliable, but also it’s much more than that. Reli is a platform-as-a-service that combines the best available open-source technologies to offer DevOps automation for teams that want to streamline their infrastructure and deployment. Reli’s DevOps tools give teams the ability to quickly and easily deploy their software products at scale....Read More
Bitcoin Jesus aka Roger Ver was under the crypto-spotlight recently after the cryptocurrency exchange Bitcoin.com listed an alleged scam token, HEX. While denying that HEX was a scam token, Ver went on to endorse it instead. Since then, many members of the community have listed out reasons as to why listing HEX was a bad...Read More
As the jingling of bells and the adorable decorations at every corner of the city, BitMart is going to celebrate Christmas 2019 with a whole new trading competition, giving away a total of 17.5 BTC + 2,240,000 BMX. Come and join BitMart Christmas BMX Trading Competition! Campaign Period: 12/19/2019 10:00 AM to 1/10/2020 5:00 AM...Read More
MakerDAO has been in the news lately for both good and bad reasons. The launch of Multi-Collateral Dai [MCD] put the platform under the spotlight, following which, a research piece by Coinmonks contested the governance system of MakerDAO that allows MKR token holders to be the decisive agent for the upgrades through votes. However, the...Read More
In a recent video, VP of Products at Blockstream, Allen Piscitello, spoke about stablecoins, the platforms they use, and how they compare to Blockstream’s own Liquid network. During the presentation, Piscitello spoke about how Tether exists on multiple blockchains, but represents the same asset in a bank account. He also spoke about the pre-requisites of...Read More
Soon, you may be able to use Bitcoin to play in your favorite online casinos. The MGA, or Malta Gaming Authority has recently made a move to integrate bitcoin and other cryptocurrencies within its iGaming platform. The organization has launched the Sandbox Framework, a two-phase initiative that will serve as a testing ground for the...Read More
Monetary sovereignty is the power of the state to exercise exclusive legal control over its currency but what if a person has this power within a hand’s reach? Prominent BTC investor Trace Mayer said, “Imagine being able to run a full node on your cell phone, like your daily cash where you’re holding your own...Read More
Ethereum’s journey, be it its hard fork or developments around DeFi, has been progressing smoothly. However, the price of Ether seems to be faltering as it keeps knocking off every support it encounters. At press time, price of Ether was $140 and testing another important support level; breaching this would spell trouble. Source: ETH/USD TradingViewEther...Read More
Cryptocurrency Wallet service provider, FoPay announced today that it has acquired Cryptocurrency Exchange, AliExchange in a deal worth 1 million FOIN. FOIN’s 30 days average price is approximately USD2,100, making this acquisition valued at about 2.1 Billion USD. AliExchange is a new Cryptocurrency Exchange based in Tallinn, Estonia. It began operations in March this year...Read More
As BitDeer‘s first anniversary approaches on December 12th, the computing power-sharing platform is launching a week-long promotional event with exclusive prizes scheduled for the community to celebrate. Since its establishment in late 2018, BitDeer has gained worldwide recognition for its successes in providing the most reliable and transparent computing power-sharing platform on the market. On...Read More
Matic cryptocurrency which began its journey at the end of April, crashed to $0.018 earlier this week. Sandeep Nailwal, co-founder and COO at Matic Network called it a nightmare Just woke up to this nightmare due to a distress call by someoneIt will be clear very shortly that we are not behind this, as some...Read More
Key Takeaways Multiple outcomes indicate a converging bearish case for Bitcoin in the coming week. The 4-hour chart shows a dip below the $7,000 region and a retest of November 25 low, $6,515. Further bearish momentum could slide Bitcoin to $6,200, and possibly to $5,920. As Bitcoin’s price lugs in the $7,000 region for the...Read More
Two years ago, as Bitcoin inched closed to the $20,000 valuation, several altcoins joined the rally. None more so than XRP, the premier payments-centric cryptocurrency enjoyed a massive high in late-2017, and relatively held back its losses in the crypto-winter of 2018. In 2019, the markets have not been too kind to this digital currency....Read More
What is Cubed? Cubed develops a suite of payment solutions so merchants can accept digital currencies both at the point of sale and through online stores. Cubed is a blockchain-as-a-service provider that is designed to be used alongside conventional fiat payments. Their innovative system enables merchants to seamlessly accept cryptocurrencies and digital currencies with the...Read More
