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
Back in October 2019, when J. Christopher Giancarlo, former CFTC Chairman, wrote an op-ed for the Wall Street Journal that proposed blockchain-based digital cash to tackle the issue of the declining U.S dollar, it garnered a lot of attention. Today, the global financial space is no longer new to the idea of a CBDC, with...Read More
The World Economic Forum in Davos, Switzerland is underway right now and some of the most prominent personalities in the world would be gathering at the event over the next three days, including many from the digital assets industry. Jeremy Allaire, Co-Founder of Circle, is one of them, with Allaire taking the podium on the...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
Bitcoin aka digital gold recently marked the successful completion of a decade of existence. Over the years, the coin has seen several developments and changes, wherein if the community did not agree with the changes or wanted a particular change that did not have a majority vote, they had the liberty to fork the chain....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
TokenInsight, a noted data-analytics platform, has released its latest report on derivatives trading markets, with the same analyzing trading activities surrounding Bitcoin and other cryptocurrency Futures contracts in 2019. TokenInsight studied Bitcoin and altcoin Futures trading volumes from nine different exchanges, including the likes of Bybit, Binance, Deribit, and FTX, collecting data for between 1...Read More
Binance has not only emerged as a major player in the cryptocurrency world, but its native coin, Binance coin [BNB], has also created ripples after it completed its 10th quarterly burn. According to Binance’s blog, the burn amounted to 2,2116,888 BNB [38.8 million], which represented 1.1% of the total supply. The $2 million increase from...Read More
Bitcoin‘s journey this new year has left everyone on the edge of their seats. The coin has jumped by almost 17% but was noting an impending correction, at press time. Despite the crests and troughs in the market, CME‘s first week reported strong data. It has been just one week since the Chicago Mercantile Exchange...Read More
Bitcoin, the world’s largest cryptocurrency, has a crucial 2020 to look forward to, with one of the most important events lined up for May – block reward halving. Many investors and traders are expecting the price of the cryptocurrency to record massive recovery, with some expecting it to break its previous all-time high on the...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
Ethereum, the world’s leading smart contracts platform, is well-noted for being the main hub of decentralized finance. The DeFi space that gained massive momentum in the crypto-verse last year continues to record new milestones with each passing day. Notably, the DeFi market has also witnessed a surge, alongside the entire crypto-market. According to DeFi Pulse,...Read More
It doesn’t come as a surprise that “don’t spend like a baller” is associated with lavish spending and basketball. With so much money coming in so quickly at such a young age, athletes are overwhelmed and end up spending it on cars, shoes, parties, and even a shark tank. But, it looks like one man...Read More
If something seems too good to be true, it probably is. The gullibility of some when it comes to money has cost them a lot of funds and the crypto-space is no different. Fake giveaways and airdrops seem like an everyday affair now. In what is a recent development, Ripple-backed web monetization platform Coil has...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
Bitcoin’s value plunged by nearly 5% over an hour on 19 January and at press time, was valued at $8,650. While this is the second time the king coin’s price plummeted after crossing the $9,000-mark this year, it is still going strong in terms of on-chain network activity and usage. Reportedly, Bitcoin’s blockchain activity continued...Read More
One of the world’s leading cryptocurrency exchanges, Malta-based Binance has registered unprecedented growth since its launch. The exchange is not only adding more services on its platform, with the recent drive being the addition of more fiat support, it is also extensively working towards establishing a presence in all countries in a way that is...Read More
Collaborative financial platform, 2gether, recently published its report on users’ crypto-spending behavior, including an analysis of how they spend assets such as the world’s largest cryptocurrency, Bitcoin. The report analyzed 2gether users’ data from April to December 2019, with a sample set of over 10,000 users from 19 countries. According to the aforementioned report, 31%...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
Following the sudden rise in XRP’s value from the $0.184 mark to $0.225 in just three days, beginning from 3 January, the coin has been making steady gains, rising all the way up to $0.25. However, XRP seems to be following a fractal and could be in for a drop in the short-term. At the...Read More
Bitcoin has touched a new high, with respect to its hash rate. With just three months left for the upcoming halving event, the king coin’s hash rate, a metric which essentially refers to the amount of computing power utilized by miners to validate the Bitcoin blockchain, hit a new all-time high after it touched 126.13...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
Bitcoin’s current price movement is catching the attention of many in the world of digital assets. The spike on 14 January raised Bitcoin’s valuation by another 10 percent, with the price surging past $8600 and briefly touching the $9000 mark. The coin has since managed to consolidate above its immediate support at $8600, with many...Read More
In yet another milestone for the XRP Ledger [XRPL], an open finance hub called FinNexus has revealed its plans to leverage XRPL’s technology, according to a recent blog published on 17 January. In line with its 2020 roadmap, FinNexus intends to utilize XRP Ledger to tokenize assets in terms of protocol development. The released roadmap...Read More
Bitcoin is remembering to be volatile again! The real trading volume for Bitcoin is back up to its November 2019 levels after its price broke out of the lows seen during the holiday season. Thanks, in good measure, to the volatile few weeks the cryptocurrency is having. According to the latest report by Arcane Research,...Read More
“I understand the rationale behind crypto-anarchy, but I believe in crypto-civilization,” said Balaji Srinivasan, founder of Nakamoto.com, when asked about the reason behind the formation of the now-controversial forum. Srinivasan recently appeared on a podcast with Messari’s Ryan Selkis and spoke about Nakamoto.com, a project which after its release, has caused quite a stir. Srinivasan’s...Read More
