The introduction of blockchain technology has opened numerous opportunities for online ventures, and the gaming industry has been one of its largest benefactors. One particular sector of online gaming that incurs a tremendous amount of profits globally is Online Casinos. A majority of people around the world are unable to access casinos due to certain...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
Litecoin Foundation recently announced its partnership with BlockFi, a cryptocurrency lending startup, intending to promote the use of BlockFi’s “suite of products” to provide Litecoin users with more options like earning interest on and borrowing against their Litecoin used within their platform. This partnership, as Litecoin Foundation noted, would produce additional options and liquidity opportunities....Read More
After a strong start to the year, Bitcoin, the world’s largest cryptocurrency, has continued to take positive strides. Bitcoin pumped its valuation from under $7400 to $8895 from 5th to 14th January and at press time, was valued at $8788. The week-long bullish movement has improved certain market indexes for Bitcoin, some of which were...Read More
What many in the Litecoin community are looking forward to is the Mimblewimble implementation. In fact, the community has come out vocally in support of this move, with the Foundation bringing in David Burkett – Grin Developer – to join the project. While the majority sentiment has remained positive, the project did, however, face a...Read More
Bitcoin aside, the cryptocurrency market is quite fickle. Volatility is not simply a mainstay of the cryptocurrency’s price, but also their position among the list of elite coins. In 2019, however, the list of elite cryptocurrencies remained largely unchanged. According to the yearly report released by cryptocurrency analytics firm CoinGecko, only six new coins broke...Read More
It has been a good start to the year for Ethereum. After registering minor hikes on 3rd and 6th January, the world’s 2nd largest crypto-asset recorded a significant pump on the 14th, recording a hike of 18.88 percent. The valuation pushed the price of Ethereum from $143 to $170 as major resistances at $150 and...Read More
The year began with people hoping for a bullish Bitcoin market; there were some who thought that Bitcoin would be the one leading the bull run this year, considering that halving was just a few months away. There were others who believed that some of the popular altcoins such as BNB would be the ones...Read More
Binance, one of the world’s largest cryptocurrency exchanges, has been on a high-speed lane in terms of development and expansion, with no signs of return anytime soon. One of the biggest moves made by the exchange last year was its announcement that it would be withdrawing its services from the United States, only to set...Read More
Geopolitical tensions have been on the rise across the world. However, many are surprised by the swing in Bitcoin’s price such tensions have caused. Alas, this is not the first time Bitcoin‘s price has reacted to global events. The same happened during the U.S- China trade war, a time when Bitcoin’s inverse correlation with Yuan...Read More
TokenInsight’s latest 2019 Cryptocurrency spot exchange industry annual report evaluated the overall trading performance of centralized and decentralized exchanges across the world. According to the report, the market activity of centralized exchanges was fairly inactive during the first quarter of 2019. However, this was followed by a sharp incline during the second and third quarter...Read More
2019 was a year of two halves, with both periods recording contrasting narratives with respect to the growth of the digital assets market. The first half of 2019 was off to a slow start, but picked up pace in April-June. On the other hand, the second half of 2019 began with the cryptocurrency market at...Read More
Monero, the world’s leading fungible cryptocurrency, has always taken a different path than the rest of the coins in the market. Towards the end of 2019, the cryptocurrency took an interesting turn by implementing RandomX, a part of the community’s constant efforts to be an ASIC-resistant coin. The team had decided to stop tweaking its...Read More
On the latest episode of the ‘On The Brink’ podcast, CEO and Founder of Messari, Ryan Selkis, spoke about the state of the cryptocurrency industry, exchanges, regulations, and the outlook for 2020. According to Selkis, predominant data providers, and not exchanges, will benefit the most if cryptocurrency is as revolutionary for finance as the Internet...Read More
Whenever people think crypto, Bitcoin’s mention automatically pops up. There is no question about the fact that Bitcoin has led the way for the development of the digital assets industry. However, Bitcoin has its own set of shortcomings, drawbacks that are often addressed by other major crypto-assets or altcoins. Despite a technical superiority reciprocated by...Read More
The Cardano ecosystem has been in full swing development mode after the success of the incentivized testnet. As it approaches the Shelley mainnet launch, the focus has mostly been on network stability and other improvements. In a more recent update, the CEO of IOHK, Charles Hoskinson, revealed that the next-generation protocol on Shelley, dubbed, ‘Hydra,’...Read More
Between June 22 and July 15, XRP dropped by almost 44%, from $0.50 to $0.283. Since then, the coin has been unable to rise above the $0.34 mark, though that may be about to change in the coming months. At the time of writing, XRP was valued at around $0.21, with a market capitalization of...Read More
Riccardo Spagni, well-known as Fluffypony on social media platforms, yet again, spoke about privacy while speaking about Tari, and financial privacy, in an interview for Monero Talk. Tari, a decentralized assets protocol, will be built on top of Monero, with its own native token. The protocol will work as a merged-mined sidechain, along with enabling...Read More
Since mid-July 2019, Ethereum has been unable to cross above 0.0227 BTC, priced at around 0.176 BTC at the time of writing. While the short-term looks like more downward for Ethereum, the long-term looks a little more optimistic, and could push ETH back above 0.02 BTC. At the time of writing, ETH was valued at...Read More
Monero, the largest fungible cryptocurrency, has been well-known in the market for taking a different route than most P-o-W coins. Riccardo Spagni, also known by the moniker Fluffypony, stepping down from the lead maintainer position had many community members debating. The official announcement stated that Riccardo Spagni’s position has now been transferred to Snipa, adding...Read More
With 2020 now well underway, Xcoins.com is launching its 20:20 affiliate program, a way for loyal customers to get rewarded in Bitcoin for helping to grow Xcoins. What is the Xcoins 20:20 Affiliate Program? The Xcoins affiliate program gives affiliates (this is what we call users who use their referral links) and new users the...Read More
After the launch of the incentivized testnet, the IOHK and the Cardano ecosystem has been ramping up its tech and is currently focused on network and stability improvements. In line with this, the CEO of IOHK, Charles Hoskinson revealed that the Rust team is all set to deliver a network patch for the ITN in...Read More
While the Ethereum community has promised great developments for this year, the question of when still remains. Ethereum 2.0 developer community is expected to launch Beacon chain, with the first phase – Phase 0 of Serenity – promised to go live in the first quarter of 202o. However, the launch date was, once again, postponed...Read More
Blockchain in the gaming industry is an experiment that’s been ongoing for some time now. It started with the introduction of ‘Huntercoin’, the first real blockchain and decentralized strategy MMO game, introduced way back in 2014, which was basically an experiment to gauge the decentralized ledger technology’s ability to support the gaming industry. With Huntercoin’s...Read More
More than half of the total circulating of 63,842,239 LTC has not moved in more than a year now, i.e 40 million LTC have remained dormant which amounts to nearly $2.036 billion, at press time. This was pointed out by Franklyn Richards, Litecoin Foundation Director, who stated that a majority of these Litecoin appears to...Read More
With the advent of Bitcoin came industries that were never foreseen, and one of the prominent ones is the mining industry. Undermining Satoshi Nakamoto’s rule of ‘one CPU, one vote,’ the mining of the largest cryptocurrency has been completely overtaken by ASIC miners. Since its inception, there has been a divided sentiment surrounding whether ASIC...Read More
January 7 was a momentous day for Bitcoin, having finally crossed the $8000 level for the first time since late-November. With such a great start to 2020, Bitcoin could have more surprising upward price movements in store. BTC was valued at around $8100 at the time of writing, and indicators show the price could move...Read More
Other than a brief rise to nearly 2900 sats on January 6, XRP has been mostly consolidating between 2550 and 2700 sats since mid-December, 2019. With Bitcoin and its dominance on the rise, XRP could be in for some sharp movements in the short-term. XRP BTC 4-hour chart Source: XRPBTC on TradingView The 4-hour chart...Read More
Andreas Antonopoulos, the author of Mastering Bitcoin and Mastering Ethereum, recently spoke about the scenario that could unfold in the case of a 51 percent attack, in a Q&A session on YouTube. The well-known influencer also spoke about the reason why Bitcoin was immune to such an attack. After summarising all the things an attacker cannot...Read More
Cryptocurrencies are any digital currency with no central issuing, regulating authority, one that exists only on a decentralized ledger called blockchain. Sounds clear enough, right? Well, not quite, if you consider how differently they are treated by tax agencies around the world. Nothing is better evidence of the global crypto-confusion than an examination of how...Read More
