Binance, one of the world’s largest cryptocurrency exchanges, is undoubtedly one of the most fast-paced entities in the crypto-space. Over the past few years, the exchange has recorded tremendous growth in terms of the number of people availing the platform’s services, as well as with respect to the list of services provided by the exchange...Read More
Yet another crisis has rocked the Middle East, with the United States of America, unsurprisingly, in the mix. On 3 January, Qasem Soleimani, the military leader of Iran’s Quds Force was taken out by a U.S-led strike. However, while the frosty relations between the two countries turned sour, the markets turned sweet. No sooner did...Read More
2020 is off to a great start, with cryptocurrencies recording largely positive gains over the last few days. Since 3 January, the total market cap of cryptocurrencies has risen by 7% from $185 billion to $198 billion. Litecoin rose by nearly 1.8% in the last 24 hours alone. However, its prospects for the future seem...Read More
Privacy coins have grown to be immensely popular recently, with many in the crypto-community now realizing the value of coins such as Monero and Zcash. Riccardo Spagni, former lead maintainer at Monero, has been one of the foremost proponents of privacy coins. Spagni made waves after he appeared on a recent podcast and claimed that Monero...Read More
India’s former Finance Secretary, Subhash Chandra Garg, has been very vocal about cryptocurrencies for a long time now, having also played a significant role in shaping the country’s draft policy on cryptocurrencies. Garg has now released a new blog post on crypto and digital currencies titled, “Currencies will be digital; cryptocurrencies will not survive,” a...Read More
Pantera Capital partner Paul Veradittakit, a man known for his contributions in venture capital and hedge fund investments, is the latest crypto-personality to discuss his insight into key crypto-concepts, while also proposing his projections for 2020. Talking a bit about market fluctuations, regulatory battles, financial scandals, Senate hearings, and many more controversies that rocked the...Read More
Co-founder and Managing Partner at Multicoin Capital, Kyle Samani, recently took to Twitter to express his thoughts on the upcoming Bitcoin halvening event, scheduled to occur sometime in May this year. According to Samani, most of the discussion around the ‘Efficient Market Hypothesis’ with regard to the Bitcoin halvening event is “academic nonsense,” adding that...Read More
With Bitcoin marking its 11th year of existence and the rest of the cryptocurrency market entering a new decade, the question that has been discussed the most is what next for Bitcoin and other cryptocurrencies, with the focus being on its performance this year. The latest noteworthy person in the crypto-market to answer this question...Read More
Bitcoin aka the digital gold is usually lauded as the cryptocurrency that’s going to end up as the “safe haven” for not just any financial crisis, but also for rising geopolitical tensions around the world. There have been several instances where political events have contributed to mini bull runs and improved price performances for Bitcoin....Read More
Over time, Bitcoin has come to be appreciated and accepted in the financial industry owing to various reasons. Its decentralized manner and the absence of central control has been one of its crucial properties while the narrative of Bitcoin as a store-of-value has picked up traction over the last 2 years. Although Bitcoin and other...Read More
Andreas Antonopoulos, author of Mastering Bitcoin and a well-known Bitcoin advocate, recently spoke about whether there would be a scenario where Bitcoin becomes the primary currency or a scenario of dual currencies, where it would exist alongside fiat. In an interview with WhatBitcoinDid, the author painted a scenario where there will “emerge a few economic...Read More
An influx of institutional investors and the growth of Bitcoin‘s derivative market was a major highlight of 2019. The introduction of Bakkt BTC Futures, Fidelity’s interest in crypto and the launch of the Binance Futures trading platform, all came soon after Bitcoin’s significant rise between April and May. Many considered the development of the derivatives...Read More
As the Internet emerged, it soon became a fertile ground for unsolicited and tribalistic behavior. With the emergence of blockchain technology and the crypto-industry, there has been a rise in the field’s own brand of tribalism and “maximalism.” While Bitcoin and other cryptocurrencies still have a long way to go in terms of becoming a...Read More
Bitcoin, the largest cryptocurrency in the market, successfully marked its 11-year anniversary by drawing the attention of retailers, traders, institutional investors, governments, and financial regulators around the world. The king coin was the main subject discussed by Andreas Antonopoulos, author of Mastering Bitcoin, in an interview on WhatBitcoinDid. Speaking about the reason why people need...Read More
Cryptocurrency lending startup backed by Galaxy Digital and Winklevoss Capital, BlockFi, recently revealed its plans to expand its suite of products for 2020 by adding support for USD Coin (USDC) and Litecoin (LTC). The announcement was made by the crypto-lender in a letter penned by Founders Zac Prince and Flori Marquez, dated 2 January. The...Read More
Brian Armstrong, CEO and Co-founder of Coinbase, is the latest to join the crypto-predictions bandwagon for the year 2020. Drawing parallels to how tech startups leverage the Internet and machine learning presently, he predicted that most tech startups will have a “crypto component” by the end of the decade. Talking about emerging markets, Armstrong, in...Read More
Towards the end of 2019, Bitcoin‘s Lightning Network started to gain traction again after noted crypto-exchange Bitfinex added support for Bitcoin’s 2nd layer payments protocol. Blockstream’s Liquid network and Bitrefill soon followed suit, implementing Lightning channels on their own platforms as well. During the latest episode of Bitcoin and Co, Lisa Neigut, Lightning Developer at...Read More
Monero, the largest privacy-oriented cryptocurrency, has seen tremendous growth in the market lately. However, compared to Bitcoin, the fungible cryptocurrency still has a long way to go. This was one of the topics discussed by Diego Salazar, a prominent member of the Monero community, in an interview with AMBCrypto. When asked whether Monero would follow...Read More
The Cardano ecosystem has long been touted as one of the most innovative blockchain networks in the industry. The CEO of IOHK, the company behind Cardano, Charles Hoskinson, hopes that ADA will be the most predominant force in the cryptocurrency space by the end of 2020 and expects it to become a true social operating...Read More
Bitcoin wallets and their safety have been one of the primary concerns lately in the crypto-community, in light of the fact that crypto-wallets contain information on the secure private key that is used to access Bitcoin addresses and carry out transactions. With the increasing number of cyber-attacks and online thefts in recent times, tensions over...Read More
Over the course of 2019, Bitcoin Cash had registered impressive adoption metrics in Australia. As reported previously, Roger Ver’s BCH was advancing its retail trade and outperforming the likes of even Bitcoin, ETH, and Litecoin by a huge margin in the land down under. According to the presented data, BCH had registered sales of $36,430...Read More
It was no surprise that Bitcoin was birthed in the aftermath of the collapse of the traditional financial market. Corruption in banks and governments positioned the cryptocurrency, untethered from both realms, to make its mark on public minds and thereby become a beacon for financial freedom. More than a decade later, Bitcoin is seen more...Read More
When it comes to privacy-oriented cryptocurrencies in the market, Monero has always been the coin that stands out the most. The cryptocurrency, that recently saw a successful algorithm shift from Cryptonight R to RandomX, was the main subject discussed by Diego Salazar, in an interview with AMBCrypto. Salazar stated that the fungible cryptocurrency represented “trustless...Read More
In an effort to shape blockchain-focused policies, Binance.US, the United States-centric arm of the Malta-based Binance, has announced that it has joined the Chamber of Digital Commerce as part of its Executive Committee to bring in education, advocacy, and industry-wide regulatory development. According to Binance.US’s official blog post on the same, the crypto-exchange and the...Read More
Bitcoin has been extremely resistant to major price movements over the past month, with the world’s largest digital asset reaching a consolidation phase between $6800 and $7500. However, that particular narrative may soon change according to Antoni Trenchev, Head of Bitcoin lending platform, Nexo.io. In a recent interview with Bloomberg, Trenchev lauded BTC‘s immense growth...Read More
The start of the new decade was a fresh start for Bitcoin too as the coin noted a sudden surge on 3 January, pushing its price above $7,200. According to recent research by Arcane, it was found that the market sentiment had stabilized. The Fear and Greed Index was found to be holding stable over...Read More
The cryptocurrency market is often discredited for its shorter period of existence. When compared to traditional markets, Bitcoin’s market has had only 10 years of active trading, which is why people tend to constantly overlook its sustainability in the longer run. This popular opinion was recently called into question after Sean Nance, a Bitcoin trader,...Read More
2019 has been crucial to the emergence of the crypto-derivatives market. Many industry experts believe that this sector would soon replicate “positive figures exhibited by the traditional market” as crypto-derivatives become more and more popular with institutional traders and investors continue to jump into the bandwagon. For a long time, the derivatives space was dominated...Read More
Bitcoin began its year on a negative note. Its price fell below $7,200 on the second day of the year. The much-awaited Santa Claus rally didn’t materialize for the world’s largest cryptocurrency as the optimism fueled by the holiday spirit did not really catch up with the coin’s price. However, soon, the price did rebound....Read More
Etheruem, one of the largest smart contract platforms, will be seeing a transition to Ethereum 2.0 phase 0 in Q1 of 2020. The shift from a Proof-of-Work network to Proof-of-Stake has undoubtedly been one of the most awaited upgrades in the community as it aims to solve one of the main pain points – scalability....Read More