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
Today, Cardano is up by 8% after regaining momentum from $0.042. ADA is revamping bullish setups but immediate resistance is posing threat to buyers. Cardano is currently trading around key price areas against Bitcoin and US Dollar. ADA/USD: Cardano Targets $0.064 But Facing Tough Resistance At The Moment Key Support Levels: $0.0415, $0.0355 Key Resistance...Read More
Bitcoin has found itself caught within a firm consolidation phase over the past several days, which has come about following the cryptocurrency’s recent rejection at $9,200. Following the downwards movement that resulted from this rejection, BTC has found some stability around $8,600. In the near-term it is important to note that Bitcoin has found some...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
As of yesterday, January 20th, 2020, the Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech delivered by J. Christopher Giancarlo. Giancarlo spoke about the past, present, and future evolution of the blockchain, and made one particularly exciting remark about virtual currencies. The ex-chairman of the United States’ Commodity Futures Trading Commission...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
One of the most prominent traditional investors, Ray Dalio, recently said that Bitcoin (still) fails to serve the purpose of money. However, he also holds that people should look for alternatives of cash as governments can print out as much as they want, which ultimately depreciates its value. Bitcoin’s Volatility Holds It Back Raymond (Ray)...Read More
Cryptocurrency is a form of currency, but instead of having a physical form, such as cash or a debit card, it exists as an internet-based medium and uses cryptographic functions to conduct a transaction. Bitcoin started the wave of cryptocurrency back in 2009. Since then, it has become an attractive investment for people around the...Read More
The United Kingdom is clamping down on crypto tax evasion through a new bounty program. | Image: shutterstock.com The U.K’s taxman clamps down on tax evasion and money laundering. HMRC offers $130,000 for anyone who can trace BTC, ETH, and an array of privacy coins. Will the UK become the next crypto hub? The U.K.’s...Read More
As a response to a legal case filed by the Internet and Mobile Association of India (IAMAI), the Reserve Bank of India (RBI) has now clarified that Bitcoin is not banned in the country. The nation’s central bank says that it has only restricted regulated financial establishments from dealing with anyone using digital assets. RBI...Read More
Some major central banks, including that of Britain, Japan, and Sweden, have reportedly come together on cooperation towards cryptocurrencies. The organizations will share their experience in a dedicated group. Major Banks Come Together To Work On Cryptocurrencies Major central banks are stepping up on the matter of cryptocurrencies. According to a Reuters report, the banks...Read More
A cryptocurrency exchange is a specific platform where users are able to sell or buy cryptos for other cryptos or fiat currencies. Since the crypto boom, the number of crypto exchanges has greatly increased, and many are wondering what platform is best suited for them. To make things easier for you, we have compiled a...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
Leading cryptocurrency exchange Binance has completed its Q4 2019 burn of the Binance coin (BNB). It was the 10th quarterly token burn the exchange has done since the launch of the BNB in July 2017. The event, which took place during the weekend, saw a total of 2.2 million BNB worth more than $38 million...Read More
Enjin Coin Price Prediction QUICK NAVIGATION : The future of money is changing. The dawn of digital technology has brought a new way of accepting payments without real money transactions or the need to negotiate with the bank. This future of banking is made possible only because of cryptocurrencies. And so if you’re a newbie...Read More
This week the major event in the blockchain industry CHAIN2020 brought together more than 15 000 guests and world-renowned speakers in Hong Kong with a shared mission to accelerate blockchain adoption in the world and, particularly, in the Asian region. These are record figures for an event of this level, as usually, the audience of...Read More
Over the past two days, we had seen the price of Bitcoin trading mainly under a very tight range between $8600 and $8700. As a reminder of the recent price action, Bitcoin had gone through a decent rally since starting the new decade. However, right after touching the significant 200-days moving average line (marked light...Read More
In the crypto ecosystem, there is no such thing as a stable ground, we come across roller coaster ride in the crypto space. Agree? As we are aware of the ups and downs in the crypto market, the price fluctuations still continue further. Are you thinking to invest in Tezos? Let’s take a sneak peek...Read More
The Australian Prudential Regulation Authority (APRA) has reportedly submitted a framework to oversee digital wallets holding large amounts of value. If approved, it would also include Facebook’s controversial stablecoin, Libra, and its digital wallet – Calibra. APRA To Oversee Calibra? Upon its announcement, Facebook’s Libra quickly attracted the attention of watchdogs. The social media mogul...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
