An average investor reaching young adulthood in the 21st-century trusts bitcoin more than a three-decade-old bullish stock.So it says in a recent study conducted by Charles Schwab. The U.S.’s thirteenth largest banking firm studied millennial investors’ self-directed portfolios for the year 2019. It found that a majority of them had more exposure to a young...Read More
Every change Poloniex makes will be scrutinized. Their decision to lower fees is positive, albeit some see it as another way to “Shill TRON”. It has been a very eventful year for Poloniex as a company. Interesting Changes for Poloniex Users Not only did it break free from Circle, but it also welcomed new investors....Read More
The precarious nature of Bitcoin’s recent price action does not lend itself to helping generate bullish price action amongst major altcoins, but one prominent analyst is noting that he believes Ethereum, XRP, and Bitcoin Cash are all decently positioned to see further upside against their USD trading pairs in the near-term.Other analysts concur with this...Read More
UNICEF is a globally recognized nonprofit organization. It too decided to jump on the crypto donation bandwagon, courtesy of The Giving Block. More and more nonprofits see merit in accepting bitcoin donations. UNICEF Sets the Right Example That decision is straightforward, as it is one of a handful of global currencies. More importantly, the cryptocurrency...Read More
The National Power Training Institute, under India’s Ministry of Power, is offering blockchain training in multiple cities throughout the country. Participants will learn about blockchain technology, its use cases, smart contracts, Ethereum, cryptocurrency, Bitcoin, and even mining. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto National Training Institute’s...Read More
The past year has been an extension of last year’s bear market for most altcoins. All bar a few are set to end the year lower than they began it and there have been very few survivors from 2019.2019: An Altcoin NightmareWhile total crypto currency market capitalization is currently over 55% up this year, it...Read More
France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car. The country’s budget minister, Gérald Darmanin, called the court-approved experiment ‘one more tool to fight fraud.’ Exemplified by...Read More
Blockchains are held as disruptive new technology in 2020. As regulators prepare for legal frameworks, blockchain projects are taking over the world. Industries and companies are seeing the value of blockchains and the trustless environment they provide, and developers are building DApps on different blockchains. These DApps integrate a decentralized cloud infrastructure that is held...Read More
Hundreds of organizations are looking to use blockchain technology. Even the United Nations may be added to this list in the very near future. Even for the UN, embracing new technologies is crucial in 2019 and beyond. The United Nations and Blockchain Technology According to United Nations secretary-general Antonio Guterres, it is merely a matter...Read More
Real-world use cases for blockchain technology are not easy to come by. The Football Association, together with AlphaWallet, aims to change that narrative. Both institutions will experiment with blockchain technology to sell football tickets. Blockchain Tokenization for Sport Event Tickets More specifically, tickets for next year’s European soccer championship. It is believed that up to...Read More
As the year almost comes to a close, everyone wants to get their message in. Even Craig Wright is making headlines, although not in the manner he had hoped for. More specifically, it appears as if Craig Wright can’t prove he is Satoshi Nakamoto after all. A Problem for Craig Wright The private key associated...Read More
Ever since Bitcoin’s meteoric rise to highs of $20,000 in late-2017 and subsequent drop, analysts and prominent figures within the industry have all been offering price targets for where they expect BTC to surge to over a fixed time period.Although some of these predictions have been lofty and unrealistic, one billionaire cryptocurrency investor is now...Read More
Another week, another round of Crypto Tidbits. The last week of December was quiet for the Bitcoin and broader digital asset market, with BTC gaining 2.6% over the past seven days, according to Coin360.com. Altcoins have posted similar slight gains, though assets like Bitcoin Cash, EOS, Litecoin, and VeChain have managed to outperform, seeing approximately 10%...Read More
Companies in China have been wary of cryptocurrencies. That situation won’t necessarily change following some new guidelines coming out of Beijing. It has been a while since some “China bans bitcoin” FUD made headlines. More Bitcoin Trading FUD From China For reasons unknown, such news tends to come around at least once a year. This...Read More
Reports emerged that hackers have demanded bitcoin as ransom from users of vulnerable cameras sold by Amazon and its subsidiary Ring. Bitcoin is constantly being used as a means of extracting payment, blackmailing people, and demanding ransom in exchange for data. Ransomware attacks are ones, where hackers infect users’ devices, encrypt their files, and then...Read More
The CEO of fintech company Ripple is now offering a bold prediction for what the new year holds in store for the cryptocurrency markets, as he believes that the market-wide purge that was largely anticipated to occur in 2019 will actually take place in 2020.This market-wide “consolidation” trend that he anticipates to occur in the...Read More
Bitcoin’s price has been stuck within a firm and unwavering trading range within the lower-$7,000 region over the past week, with each attempt to rally being quickly rejected by aggressive selling pressure that has led BTC to remain stuck around its current price levels.One analyst is now noting that a key trend Bitcoin has been...Read More
Bitcoin is the best performing investment of the last decade, bringing investors who bought the asset early unimaginable returns.The post appeared first on NewsBTCRead More
The impact of 2020’s economic and political events could have a lasting effect on the future of crypto assets, although it is unclear what the final result may be. Most people are likely aware of the massive potential impact that cryptocurrencies and blockchain technology can have on countless industries. Their ability to revolutionize the world...Read More
It is crucial for altcoin and blockchain projects to deliver on initial promises. OmiseGO appears to be on the right track, following is first mainnet transaction. It appears as if OmiseGO has been around for several years now. A big Step Forward for OmiseGO That in itself is interesting considering its own native blockchain hadn’t...Read More
Bitcoin’s bulls were able to defend BTC from facing a much steeper sell-off today, which comes closely on the heels of the recent rejection the cryptocurrency experienced, which to many investors signaled that significantly further losses were imminent.Analysts are now explaining that bull’s ability to defend against further losses points to the possibility that the...Read More
Privacy coins have come under a lot of scrutiny in recent months. Europol is keeping a close eye on these developments, albeit Monero remains impossible to trace or analyze. Government officials dislike bitcoin, but they see privacy coins as even bigger threats. Monero Causes Headaches for Europol Particularly currencies which put anonymity first tend to...Read More
Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches that affected card payments in particular. Also read: New Ukrainian Law...Read More
Numerous countries want to regulate cryptocurrencies. Paraguay may be ahead of the competition in this department, albeit in a positive manner. Most Western countries seem to take a negative stance on bitcoin. The Future of Bitcoin in Paraguay In Paraguay, that situation is – thankfully – very different. Its local government is looking to regulate...Read More
Ethereum’s price action has been largely bearish over the past several days and weeks, with ETH facing multiple strong rejections that have pointed to some underlying weakness amongst the cryptocurrency’s bulls.Analysts are now noting that Ethereum could be on the verge of incurring a major upwards movement, but that it may need to drop significantly...Read More
The cryptocurrency markets have been struggling to garner any decisive momentum in one direction or another over a shorter time frame, with Bitcoin (BTC) leading most major altcoins to range sideways.Over the past 24-hours, however, a few notable altcoins incurred a massive amount of selling pressure that was anomalous, leading one analyst to believe that...Read More
Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO,...Read More
“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime.” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony refers to the leadership or dominance of one country or group over others. A nation...Read More
Monica Desai Weiss, an investor at the venture capital company, Kleiner Perkins, recently had an interview in which she shared her predictions regarding fintech and blockchain in 2020. The year 2020 is almost here, and with it, an entirely new decade is about to kick off. Many expect it to be the age of technological...Read More
The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto...Read More
