The cryptocurrency markets look like they are primed for another bull run. In fact, the global money printing being done by central banks has sent stock markets on a bull run already. On top of that, crypto is reaching a point in its cycle where prices might be about to rise. Naturally, this increases people’s interest in this sector. Cryptocurrenc [...]
US Banks Can Now Offer Crypto Custody Services
US Banks Can Now Offer Crypto Custody Services...
The current year 2020 might be the year where the pandemic literally put a pause to the world. But, for the crypto industry, it has proved to be a year of progress and development. Every now and then, there has been some or the other encouraging [...]
Russia’s State Duma Passes Crypto Bill; Will Allow Crypto Trading
Russia will allow crypto trading...
In another positive piece of news for the cryptocurrency industry, Russia has passed its crypto bill. The passing of this bill by the State Duma has been a long time coming. It was introduced in the year 2018 and Russian lawmakers had been [...]
YouTube Responds To Ripple Lawsuit, Says It’s Not Liable For Scams
YouTube has been having a really tough time when it comes to cryptocurrency content on its platform. It has come under fire many times in the last year or so. There have been many reasons for this and it seems like the company isn’t doing much. From removing legitimate bitcoin cryp [...]
UK Wants to Control Crypto Ads
There is no doubt that the cryptocurrency industry is growing rapidly. So much so that it has caught the attention of the entire world. This includes the public as well as the regulators of all countries. Gone are the times when the industry used to exist as a small bubble. Things are heating up and mainstreaming is [...]
ERC-20 Tokens Now Make up 50% of Entire ETH Blockchain
Ethereum has been one of the most successful cryptocurrency projects after Bitcoin. Launched soon after the launch of the original crypto, the project has skyrocketed in popularity as well as real-world use. Many other teams have built their businesses and crypto tokens on the ETH blockchain. [...]
Kanye Becoming President Would Be Great For Crypto
Recently, the world was abuzz with news that Kanye West, is now in the race for becoming the president. The popular music artist wants to go head to head with Donald Trump in the upcoming election. This comes just days after he met with the eccentric tech tycoon Elon Musk. The news was taken as hi [...]
Tether Blacklists 39 Ethereum Addresses Worth Over $46 Million
Cryptocurrency was built to be decentralized in nature. That means there is no single entity that has power over anyone in the system. This principle was started by bitcoin, the first cryptocurrency ever. However, as the industry has evolved, private players have emerged. Many private [...]
Monetary Historian Says Libra Will Never Materialize
Stablecoins have really come to the limelight in recent times. All over the globe, regulators and lawmakers have been monitoring the crypto space for years now. Their main area of focus has been the concept of stablecoin. Many are fearful that they might topple the already existing fiat currenci [...]
Will DeFi Finally Make Crypto’s Promises Come True?
DeFi Crypto’s Promises Come True?
When Satoshi Nakamoto created Bitcoin, he probably wasn’t thinking about the impact it would have on the world. His intentions were clear since the beginning. He wanted to clear an alternative financial system that would do away with the traditional one. His rea [...]
Vitalik Says They Underestimated ETH 2.0’s Development Time
The crypto industry has been waiting for the completion of the development of ETH 2.0 for a long time. The second version of the second most popular crypto project in the world promises huge improvements. It would solve most of the problems that the current version is having. It would als [...]
IRS Wants To Track Privacy Coin and Bitcoin Lightning Transactions
Regulators and investigative agencies are always trying to catch up with new technologies. They want to ensure that they bring innovations into the purview of the law. This is to ensure that the side effects of said innovations are not used for nefarious purposes. The same is happe [...]
Superstars of Counter-Strike Game To Play In Crypto-Powered Tournament
Video games are one of the most suggested areas where cryptocurrency can have a revolutionary impact. Those who understand this industry know that cryptos and gaming seem to be made for each other. Many games require microtransactions to buy or sell in-game items. Some even hav [...]
Ghost Coin Will Be Used As Payment for Hong Kong Vending Machines
John McAfee and his crypto coin “Ghost” are often in news nowadays. John has always been doing the rounds. Sometimes it is for calling Bitcoin a “crippled technology” and sometimes it is for backtracking on his bet. And then there is the long story of him being on the run from the I [...]
Israeli Blockchain Startup Invents An ‘Undo’ Button for BTC Transactions
The hallmark of any emerging industry is the continuous innovations taking place in it. The crypto industry is no different. In fact, since it is a tech-driven space, the rate of innovation is much faster. These are not only aimed to push the industry forwards but also to sol [...]
Crypto Ransomware Gang’s Attack Failed Against 30 US Firms
Ransomware is a really annoying reality of the digital world, especially in the cryptocurrency industry. Attackers hijack a user’s system and make it useless until payment is made in crypto. Many people have lost thousands of dollars due to attacks like these. Even large companies have fal [...]
Crypto Skeptic Jim Rogers Says Bitcoin Will Fall To Zero
Whenever a new technology comes along, there is no dearth of skeptics. While most are never taken seriously, popular personalities often receive some press time. The same applies to cryptocurrency as well. There are many naysayers of bitcoin and other cryptos. This even includes people like [...]
Bitcoin And Altcoins Crash As Bears Take Control
The crypto markets have been stagnant for a really long time. The price action has been quite boring at best. This is not the typical style of crypto markets that are known for wild volatility. However, this is something that was expected as Bitcoin and altcoins retraced the crash of Black Thursday. [...]
Chamber of Digital Commerce Calls Stablecoins As The Future
Stablecoins are increasingly becoming one of the most prominent parts of the crypto industry. In the initial days, cryptocurrency was mainly about the price speculation. Over the last few years, though, this has been changing. We are seeing the rise of utility tokens, security tokens, and [...]
Bitcoin Doing The Same Thing That Led To 100% Price Rise Last Time
Financial markets are cyclical in nature. They always have been this way and they always will be. The same is the case with cryptocurrency markets as well. As Bitcoin moves to its next major bull run, people are starting to take notice. This is evident from the fact that people are [...]
UNICEF Cryptocurrency Fund Announces Its Largest-Ever Investment
It is a huge sign when the established entities of the world adopt a new piece of technology. It shows legitimacy and adoption. It also helps towards further adoption and the increasing popularity of that technology. The same is happening with cryptocurrency. One after the other, wel [...]
Huge: PayPal Rumoured To Integrate Bitcoin On Its Platform
It is not every day that you get to hear about a huge legacy financial institution joining the crypto industry. But reports have widely circulated that PayPal of all companies will integrate Bitcoin soon in its platform. This is really bullish news, one that will have a lot of positive imp [...]
BlackBerry and Intel Fight Cryptojacking Malware With New Detection Tool
With new technologies, come new risks. As they say, technology is a double-edged sword. It has some great advantages but it also has some side effects. The same applies to cryptocurrency as well. They have immense potential to positively disrupt the aging financial system of [...]
Singer Akon Is Launching a Cryptocurrency Called Akoin
Singer Akon Is Launching a Cryptocurrency Called Akoin...
When something starts becoming a part of the mainstream, celebrities are quick to jump on board. After all, they are the trendsetters. And if they can quickly get on the hype train, they can easily appear as the “early adopters”. [...]
Machine Learning Clusters On Microsoft Azure Cryptojacked To Mine Monero
Cryptojacked Monero - Everyone who knows about cryptocurrency wants to accumulate them. The returns that people have gotten in this industry are unseen anywhere else. Also, a lot of people are in it for the technology. It can have the same impact on the world that [...]
US CFTC Chairman Prefers Principles Over Rules For Crypto
The world regulators and governments are still trying to figure out cryptos. Ever since the bull run of 2017, it seems all eyes have been set on the crypto, whether it be cryptocurrency exchange or ponzi schemes. However, it is difficult to regulate something that was meant to be its own th [...]
South Korea To Study Legal Issues Regarding A Potential CBDC Launch.
South Korea CBDC Launch...
With each passing year, more and more countries are gearing up for a CBDC launch. The cryptocurrency phenomenon is all but confirmed to stay. New technological advancements often disrupt the existing status quo. Cryptocurrency is expected to do the [...]
Father of JOBS Act Reveals The US Govt Was Fearful of Libra
It is a well-known fact by now that Facebook has been trying to make its mark in the cryptocurrency world. The social media giant has plans to change finance and money as we know it. And they revealed their plans last year by announcing their stablecoin project called Libra. To much fanfa [...]
‘Bitcoin Billionaires’ Movie Is Being Made To Tell Winklevoss Bros’ Crypto Story
Cryptocurrency are slowly making their way into every aspect of human life. They are already revolutionizing how finance is done and are now looking to enter the movie business. In more recent times, movies and tv shows have been referencing Bitcoin in a number of way [...]
Walmart’s China Subsidiary Teams Up With VeChain to Trace Food Products
Blockchain’s use in supply chain management has been one of the biggest use cases that have emerged in recent times. In fact, it’s also one of the biggest non-crypto use cases that blockchains have presented in the past few years. More and more companies are integrating blockc [...]
Bloomberg Says Tether Poised To Overtake Ethereum
Bloomberg Says Tether Poised To Overtake Ethereum in the near future. Bloomberg is a major media house that has recently become more and more interested in cryptocurrency. They have been consistently researching and reporting on bitcoin and other cryptocurrency. Recently they released a [...]
Kyrgyzstan Might Legitimize Crypto Mining Soon.
Cryptocurrency is spreading their web throughout the world. Slowly and steadily. It is exactly what one would expect from a brand new technology. As awareness grows, more people become open to trying it out. When they try it out, they see its potential and the benefits it might bring them. The same i [...]
Bloomberg Says Bitcoin May Go As High As $28000 This Year
Bloomberg Says Bitcoin May Go As High As $28000 This Year! It seems like Bloomberg has gone full bull on Bitcoin. This comes just in time for the start of the next bull run in the crypto markets. The company released a thorough report recently which has some really bullish predictions about [...]
Satoshi Candidate Adam Back Says Crisis Will Push BTC To $300K
Adam Back BTC $300K....
Just a few days ago, news broke out that Adam Back is one of the leading candidates for Satoshi Nakamoto. There are so many pieces of evidence that point towards him being behind the pseudonym. While some of them might be coincidences, others are not. Regardles [...]
Microsoft, IBM, Hyperledger Form Alliance To Set Global Tokenization Standards.
The blockchain and cryptocurrency industries are advancing at blinding speeds. Every now and then there is a story of something huge happening. The very foundations of a future world are being laid down in front of our eyes. Of course, this bodes very well for all the [...]
ETH Co-Founder Says Crypto Community Should Think Bigger.
Vitalik Buterin, Ethereum co-founder is often vocal about a lot of issues in the crypto industry. And as the lead co-founder of the second most popular cryptocurrency in the world, people tend to listen. This time he has directed the attention of the community to much bigger things. This is [...]
Swiss Bank Launches Crypto Custody and Trading:Maerki Baumann Cryto.
Banks are increasingly looking at cryptocurrency to expand their services. There is no doubt that internally, many banks are preparing to make an entry in the crypto industry. This is an unprecedented shift from the status quo. Since the inception of bitcoin and other cryptos, ba [...]
Recent Data Shows Miners Have Been Selling More Bitcoin Than They Mine.
The past month saw one of the biggest events in the crypto industry. Bitcoin went through its third halving. This happens roughly every four years and marks a significant shift in the cryptocurrency’s economics. It changes how miners behave and according to industry experts, l [...]
Major Hardware Wallet Maker CTO Says Smartphones Not Safe For Crypto.
The cryptocurrency world mimics the real world for the utmost familiarity so that users don’t get confused. That’s why many hardware wallets and software wallets have been made for users to store their cryptos. Hardware wallets represent the physical wallets we have in the real [...]
Will Banks Switch Over To Providing Crypto Services Exclusively?
Many people don’t realize this at the moment, but the world is going through a major change. In fact, it could be the biggest change we have ever seen. This is not in reference to the coronavirus pandemic although that one is sure to change things too. It is about the evolution of ou [...]
John McAfee Makes Another Controversial Remark About Bitcoin.
John McAfee Controversial Bitcoin remarks...
John McAfee is one of the most infamous personalities in the cryptocurrency industry. He has made so many claims, remarks and controversial decisions, that it is crazy. He is the ex-owner of the cybersecurity company McAfee. So, he doe [...]
Should I Buy Ethereum?
Ethereum is one of the most popular cryptocurrencies on the planet. In fact, it is second only to Bitcoin. Ethereum’s role goes beyond just being a cryptocurrency. It is a smart contracts platform with the potential to be a world computer. That is why people love to buy ethereum. In fact, “buy Ethereum” often receives a lot [...]
Trump's Social Media Executive Order Might Help Solve Cryptocurrency YouTube Bans.
For some odd reason, many tech giants have been against cryptocurrency since its inception. It is not a surprise that banks are against it but the attitude of tech companies is puzzling. After all, bitcoin is a significant tech invention. So, the companies should be [...]
Calibra Rebrands As Novi to Avoid Confusion With Libra.
Facebook’s Libra project didn’t turn out to be what the company had hoped it would be. Since the launch itself, they have had to face a ton of problems. If it was any other company, they would have given
up all hope. However, Facebook and the consortium it has formed are quite influent [...]
Why Cryptocurrency Has Failed As Payment Systems So Far
Why Cryptocurrency Has Failed As Payment Systems is an interesting ask. When Satoshi Nakamoto made the whitepaper for bitcoin, he was absolutely clear about its role. He meant it to be a digital cash system that was not reliant on central authorities. This means that he wanted bitcoin to re [...]
About 1000 Corporate Systems Fall Prey To Monero Mining Malware.
Monero Mining Malware...
Digital systems are always prone to attack. In computer science, it is said that no system is 100% safe. Large corporations that have millions of customers protect their digital data in various ways. In fact, they employ the best cybersecurity firms out ther [...]
Indian Central Bank Clarifies No Restrictions On Banking Services For Bitcoin
Cryptocurrency have had a really bizarre relationship with India. The country has been hostile about them since the early years. The country’s central bank, Reserve Bank of India (RBI) has issued many cautionary notices to the public. They have been doing so since 2013. [...]
Samsung Designs New Chip to Secure Crypto Transactions on Smartphones
Samsung Designs New Chip to Secure Crypto Transactions on Smartphones...
When industry giants start getting involved in cryptocurrencies, it’s officially time to get excited. Samsung, the popular electronics company has shown that it really cares about the crypto industry. It [...]
Brazil Will Investigate Banks Denying Service To Crypto Companies
The relationship between cryptocurrency and banks have been rocky since the very beginning. This was, of course, expected by many in the industry. In fact, it is only natural considering that is a fight between old and new technology. Even in history, several such fights have been f [...]
Iranian President Wants A National Crypto Mining Strategy
It seems like the tables have turned. Iran used to be hostile towards crypto not too long ago. And now, it is warming up to the industry in a big way. This is not a new trend. Many countries have been backtracking on their stance on crypto in the last few years. Iran is just the latest one [...]
Elon Musk Reveals How Much Bitcoin He Has
Elon Musk is a notable personality and can even be considered a celebrity. He is single-handedly changing humanity on multiple fronts. He is also very vocal about many different technological innovations. Bitcoin and crypto in general, are one of them. He has time and again stated that bitcoin is a clever [...]
Crypto Twitter Fails to Explain Bitcoin to Harry Potter Author, JK Rowling
The cryptocurrency space is growing faster than anybody could have ever imagined. More and more people are becoming aware of the amazing opportunities that this industry provides. From retailers to legendary investors and celebrities, everyone is starting to pay attention. [...]
Reddit Introduces Community Points System Built On Ethereum
Cryptocurrency is slowly permeating into the mainstream. As the world looks towards an alternative financial system as a hedge, cryptos are gaining more attention than ever. The murmurs of a new bull tun that would dwarf the previous one have really got people interested. The fundamental [...]
Hacker Group Demands $42M Ransome For Not Exposing Trump’s Secrets
Cryptocurrencies being a nascent industry is highly targeted by hackers and scammers. One of the most common forms of attacks is ransomware. It is exactly what it sounds like. Essentially, hackers take control over a system, be it computer or servers, and ask crypto to give the con [...]
Investors Remove $200M Worth of BTC From Exchanges Post-Halving.
The halving came and went with a lot of hype and celebration in the crypto community. It didn’t have much impact on the prices, but in the long run, it has solidified bitcoin’s position. Now, the inflation rate of bitcoin has gone below the inflation rate of most fiat currencies. The [...]
Hash Rates of Bitcoin Cash and BSV Surge After BTC Halving.
On May 11 Bitcoin went through its much-coveted halving event. This is something that happens roughly every four years. There was much more hype about it than in previous times. Just a month ago, two forks of the bitcoin chain went through their halvings as well. But unlike bitcoin, they [...]
IRS Seeks Third-Party Contractors To Help With Crypto Taxation
The United States Internal Revenue Service has been very active recently in regard to cryptocurrency taxation. The agency has issued multiple guidelines about how Americans need to calculate their tax obligations. Since the very beginning, taxation has been a major headache both for th [...]
Largest Bank In US Is Now Serving Crypto Exchanges.
JPMorgan Chase is the largest bank in the United States. And according to a recent report by the Wall Street Journal, the bank is now serving crypto exchanges. For anyone familiar with the history of crypto and the bank, this comes as huge news. Cryptocurrencies have had a long streak of bad rela [...]
Paul Tudor James Confirms He Has Approx 2% BTC Portfolio.
Paul Tudor James is one of the living legends of Wall Street. He is the billionaire founder of hedge fund Tudor Investment Corporation. As such, his financial moves are closely watched by the markets. Recently, he had revealed that he is buying bitcoin as a hedge against fiat inflation. Thi [...]
Iran Struggles With Rial HyperInflation, Bitcoin Sees Huge Demand.
Iran’s fiat currency, called Rial, has been facing hyperinflation. This happens when the supply of the fiat is much higher than its demand. As such, its value crashes. As such, the country has been in turmoil about how to proceed in light of US sanctions. At the same time, there is [...]
Bitcoin Halving To Happen Today: Here Are Some Facts
The much-awaited event in the crypto community has finally arrived. Bitcoin is going to go through its third halving merely hours from now. The first halving took place in November 2012. The second one happened in July 2016. So, bitcoin goes through this important event every four years, more or [...]
US Mining Firm Plans To Double Hash Rate After Bitcoin Halving.
Bitcoin halving event is merely a day away now and things are heating up. After the crash of Black Thursday, prices have pretty much recovered in anticipation of the halving. But what is more important is how the miners are going to adjust. Miners are responsible for running the bitco [...]
Ripple’s XRP Introduces Wallet Termination Capability.
When bitcoin was first launched, it brought with it a semi-new concept called wallets. Although the concept of e-wallets was present already, bitcoin’s implementation was completely new. Cryptocurrencies, in general, are based on decentralization. As such, people are the sole controller of the [...]
Bitcoin’s Price Corrects 15% Just Before Halving.
There is never a dull day in bitcoin markets. Just a couple of days before bitcoin halving, bitcoin’s prices have fallen by 15%. The drop caught everyone off guard as the majority of the people were expecting a pump. Also, this was one of the most severe corrections that the markets experienced sin [...]
A Recent Survey Shows Hardware Wallets Growing In Popularity
The advent of bitcoin introduced the world to a whole new technology. It’s something that no one saw coming, especially as it challenges the existing financial system. It is something that the world desperately needs to come out of the clutches of a broken system. That’s why there is so [...]
"Buffet Killed His Reputation By Being Harsh On Bitcoin"
Max Keiser Says Buffet Killed His Own Reputation By Being Harsh On Bitcoin...
Warren Buffet is considered to be a legendary investor. He has managed to amass an insane amount of money by making smart decisions about his investments. In fact, he has a net worth of $72 billion. That is [...]
Vitalik Says ETH 2.0 Will Have An Inflation of 2 Million At Most
The world’s second-largest cryptocurrency is going to be upgraded to version 2.0. This has been in the works for a long time now and the complete roll out will take years. However, the Ethereum team is getting closer and closer. They have nailed down a phased roll out plan so as to m [...]
Grayscale Report Says Buy Bitcoin To Escape Fiat Debasement.
Grayscale, the popular asset manager recently released a report. In it, they were openly stating their belief that bitcoin can save investors from fiat debasement. The events happening throughout the world in 2020 are telling an alarming story. They are literally changing how we think of [...]
Pre-Halving Pump: Bitcoin Price Spikes To $9500
Bitcoin halving events are some of the most sought after events in the crypto industry. Bitcoin Halving have historically defined bull markets. A bitcoin halving is an ingenious solution of Satoshi Nakamoto to create a deflationary currency. It is a well-known fact that bitcoin has a fixed supply of [...]
Bitmain Reportedly Earned Over $300 Million in 2020 Despite Rumoured Problems
Crypto mining is quickly becoming the new buzz word. In the cryptocurrency industry, it is already well known. But Google search trends suggest that even “normies” are searching for this term. It seems like everyone is interested to know what all the fuss is about. This [...]
Tim Draper: I’ll Eat A Raw Egg If BTC Doesn’t Hit $250k
Tim Draper Jokes He’ll Eat A Raw Egg If BTC Doesn’t Hit $250,000...
Billionaire Tim Draper is a well-known permabull. That means he always remains bullish on the future of bitcoin and its price. He is famous for predicting that btc will reach $250,000 by the end of 2022 or early 2023. [...]
Blockchain Co-inventor On Why He Is Not Satoshi Nakamoto
Blockchain Co-inventor On Why He Is Not Satoshi Nakamoto..
Ever since bitcoin has spread in the world, people have always wondered about its creator’s identity. Bitcoin was created by a mysterious person or a group of persons called Satoshi Nakamoto. However, no one knows the identity [...]
Steem Hard Fork Hive Rises 600% In Price After Huobi Listing
The price of the Hive cryptocurrency has exploded in the past couple of days. Hive is the popular community hard fork of the Steem cryptocurrency. It was one of the most attention-grabbing events in the crypto community about a month ago. In fact, major figures in the industry paid k [...]
Bloomberg Says Bitcoin Setting Up For 2017-Like Bull Run
It has been over two years that bitcoin hit its all-time high price of about $20,000. Since then, the entire crypto markets have been in a brutal bear market. Bitcoin made a low of $3100 in December 2018. After managing to reach $14,000 in June, it again fell down to $3700 in March this [...]
Blockstream CSO Says Bitmain S17/T17 Antminer Has High Failure Rate.
The Chief Strategy Officer of Blockstream has tweeted that the Bitmain S17 and T17 Antminer have a high failure rate. Blockstream is a blockchain infrastructure firm and holds quite a bit of respect in the community. Bitmain is one of the major manufacturers of bitc [...]
Calls For Negative Interest Rates In The US Could Send Bitcoin Skyward
Negative Interest Rates In The US Could Send Bitcoin Skyward
Bitcoin is said to be a “new age asset”. There are many reasons for this. It was invented completely on the internet. Its creator is anonymous. It is decentralized which is completely opposite of the legacy finan [...]
Jack Dorsey, CEO of Twitter, Calls Bitcoin Whitepaper Poetry
Jack Dorsey, CEO of Twitter, Calls Bitcoin Whitepaper Poetry
Throughout history, there have been many technological innovations that have changed the human course forever. Bitcoin seems primed to be one of those innovations. In fact, tech giants already seem to think so. Jack Dorsey [...]
Survey Shows Strong Interest In Crypto In American
Crypto In American
It seems as though the current global crisis is doing nothing to limit the growth of cryptocurrencies. Interest throughout the world has been on the rise despite the pandemic and stock market crashes. If anything, it is these events that might be leading the growth of crypt [...]
Demand For Bitcoin Skyrockets In Argentina Amid Defaults
Bitcoin has a history of doing well in countries with political or financial instability. This has been seen over and over again. In fact, the cryptocurrency’s creators, Satoshi Nakamoto had created bitcoin amid the 2008 global financial crisis. This shows that when the legacy system sto [...]
Bitcoin Rallies 10% Before CME April Futures Expire
As Bitcoin touched a new monthly high of $7725. Before that, it was struggling to break the $7600 resistance for quite some time. The rally comes just a day before that CME April Futures expire. This too is a common theme. Every time the CME Futures expire, it brings short term volatility in [...]
Facebook’s Investment In Jio Platforms Bullish For Crypto India
Facebook’s Investment In Jio Platforms
There are some events that undoubtedly push the crypto industry forward. The recent investment made by Facebook in India seems just like one. On the surface, it might not look like much. But if you dig deeper, there are signs that this could [...]
Amid the coronavirus pandemic, the world governments are rushing to maintain calm among the public. The central banks of the world are printing more money than ever to meet the increased funding needs. [...]
Rumours State Starbucks and McDonald’s Might Be Testing China’s CBDC
Testing China’s CBDC - Just recently, it was reported that China was testing its CBDC in four cities. The test is one of the firsts in the entire world. According to Chinese officials, these tests are merely trials and won’t affect the real system. On the heels of this news, [...]
Oxford Law States The Importance of Crypto Regulation To Avert Financial Meltdown.
Cryptocurrencies had already been seeing increased interest from people in the last few years. The ongoing crisis has increased that interest even further. After the Black Thursday event where the crypto market
crashed, more people are buying in. Bitcoin and [...]
Difference Between Utility Token And Security Token.
Although cryptocurrencies are mostly considered the same by people, that is not correct. Just as there are different types of smartphones out there, there are different types of cryptocurrencies as well. In that way, cryptocurrencies are more of a technology. The first one was, of course, bitcoi [...]
China Central Bank Confirms Testing Of Its CBDC Mobile App.
China has been long rumoured to be working on its Central Bank Digital Currency (CBDC). Multiple reports out of the company have stated that they are far ahead of everyone else. This was recently proven to be the case when the central bank of the country started its testing. This just mig [...]
Historic Oil Crash Hardly Affects Prices of bitcoin
Unprecedented events are taking place in the world this year. It seems like everything that could go wrong is going wrong. Amid the coronavirus pandemic, oil prices plunged to below $0 yesterday. This has never been seen before. The May 2020 Futures contract for West Texas Intermediate (WTI) Crud [...]
No Tax On Airdrop And Hard forks, Singapore Tax Authority Clarifies.
One of the things plaguing the crypto industry is unclear regulations throughout the world. Cryptocurrencies came into the spotlight in 2017 after an amazing bull run. This caught the attention of the global regulators. Many countries have come up with their own laws governing th [...]
Stablecoin are a special breed of cryptocurrencies. Their value is pegged to fiat currencies, giving them stability. They are immune to the volatility of prices that other cryptos face. As such, they have quickly become a great way for investors and traders to park their capital. Jeremy Allaire, co-founder and CEO of Circle recently stated that sta [...]
YouTube Restores Two Crypto Channels After Banning Them.
Cryptocurrencies have had a rocky relationship with mainstream media and even large corporations. In the early period, it was understandable. Crypto was a controversial topic. The idea of money being democratized was something that was seen as illegal. Also, crypto was mainly seen as tools f [...]
IMF Warns of Worst Downturn In 90 Years, Bad News For Bitcoin?
The International Monetary Fund (IMF) recently came out with a horrifying prediction for wo
rld economies. This comes as a result of the ongoing coronavirus pandemic throughout the world. Several countries have had to go on total lockdown and there is no end in sight. How will t [...]
Stablecoin Libra Tries to Appease Regulators [...]
The G20 Is Now Concerned About All Stablecoins
Government bodies are still ticking on despite the ongoing coronavirus pandemic. The G20, for instance, held an emergency meeting on 26 March to discuss the outbreak. Similarly, the G20’s Financial Stability Board (FSB) released a study on April 14 expressing concerns about stablecoin in general. [...]
Vitalik Buterin Says Phone Mining Is A ‘Fool’s Game’.
Vitalik Buterin Says Phone Mining Is A ‘Fool’s Game’. The co-founder of Ethereum, Vitalik Buterin, has an influential voice in the community. Whenever he says something, people tend to pay attention. Recently he had a thing or two to say about crypto mining on mobile phones. He was referring t [...]
Search Volume For ‘Bitcoin Halving’ On Google Surpasses Previous Record
The most awaited event of the year in the crypto industry is nearly upon us. According to bitcoinblockhalf.com, only about 28 days are left for the bitcoin halving. In a year that has had a really rough start, this is seen as something positive. Traders, investors and ‘normies [...]
Revenue of Crypto Scammers Fall By 33% Due To COVID-19
This year is proving to be tough for virtually everyone in the world. But no one had suspected that it would be tough for Bitcoin scams as well. The popular forensics firm Chainalysis found that the scammers have been hit too. Their revenue has dropped by 33% since the outbreak became a pandem [...]
Hash Rate Spike Relates to BTC Price, but Halving Throws Miners Off Their Game
After Bitcoin's (BTC) network hashrate dropped significantly on March 26, Premier Currency hashrates increased by at least 33%. This increase occurred between April 4th and April 6th at 85-91 per second. It exploded from Exa Hash to about 122 EH. / s, depending on diffe [...]
Financial Regulator Responds to EU’s Cryptocurrency Consultation
When the European Commission concluded its public talks on cryptocurrency assets in March, major financial regulators in France intervened to express a position on this issue. Autoritédes Marchés Financiers (AMF), the French stock market supervisor, has outlined some basic proposals [...]
The Pandemic Couldn’t Have Provided a Better Environment for Cryptocurrency.
It is an unprecedented event for the Fed to open a lock for unlimited permanent quantitative easing, coupled with a $ 6 trillion stimulus package. This is the most aggressive Fed intervention to date. For the cryptocurrency industry, it is a resounding call in an interven [...]
Bitcoin Price (BTC) did not require a trillion-dollar rescue package to continue functioning after a 60% crash in a matter of hours. This is an analysis of the latest blockchain data, indicating that Bitcoin's hash rate has been recovering in recent weeks.
BTC 16% difficulty drop steadies’ network
Resource blockchain monitoring figures show t [...]
Bitcoin has been slowly making its way into the mainstream financial system. The Canadian asset manager 3iQ has just launched a fund that is tied to Bitcoin. The fund is called “The Bitcoin Fund” and is listed on the Toronto Stock Exchange (TSX). Investors are regarding this has a huge milestone. This could very well mark the beginning of Bitcoin’s [...]
While the crypto world is entirely focused on Bitcoin price recovery, Bitcoin Cash halving underwent smoothly. There was not much hype about the event except in the BCH community. That may be because the larger crypto community has its eyes set on Bitcoin halving next month.
Blockchain technology, that began with Bitcoin in 2009, brought with it t [...]
Vitalik Buterin is one of the most popular faces in the cryptocurrency industry. He is the co-creator of the second-largest cryptocurrencies in the world, Ethereum. Therefore, his opinions matter a lot in the industry. Recently, he named the best and worst Bitcoin price predictors. His choices are not that surprising as many others have shared the [...]
Bitcoin and cryptocurrency are an entirely new financial product for the world. It is not always that a new financial instrument comes along. The unique thing about bitcoin is that it is still a nascent industry. As such, there is a potential to earn huge amounts of profit. History stands proof to the fact that a new breakthrough industry can creat [...]
In the wake of the coronavirus pandemic, global financial markets plummeted within a few days. Even the cryptocurrency markets were not spared. In fact, bitcoin and other cryptocurrencies fell further than legacy markets. Bitcoin, for instance, lost more than 50% of its value in a single day! However, Bitcoin YTD is already making a quick recovery. [...]
Bitcoin is more of a newcomer in the financial markets compared to the other financial instruments. Its history only consists of 11 years or so. But even in that short amount of time, it is know for it's bitcoin volatility. However, it was also known the most profitable asset of the previous decade. If you bought bitcoin in 2013, you would have mad [...]
Judgement on User Assets; Cryptocurrency Exchange Cryptopia
The cryptocurrency exchange, Cryptopia, has notified users that the New Zealand High Court has ruled on the status of compromised assets. On 14th January 2019, the cryptocurrency exchange experienced a security breach which lead it's business closure.
In a tweet thread published on Apri [...]
Charities are turning to Bitcoin Donation
In the war against the novel Coronavirus, cryptocurrency has emerged as a very necessary tool for philanthropic and fundraising projects. There are already many large non-profit organizations that accept bitcoin donations. In addition, some blockchain and cryptocurrency companies donate medicines to hospit [...]
South Korea Launches Digital Currency Pilot:
South Korea is definitely moving fast in digital currency adoption as it launches its CBDC pilot program. The Bank of Korea made the announcement on April 6. Initially, their main aim with the program is to ascertain the logistics of a CBDC. The data generated will influence their future decisions. The [...]
Bitcoin History: 2009 and 2020
Technology usually advances at an exponential rate. We have observed this in so many different industries over the past many decades. The same is being witnessed with bitcoin and other cryptocurrencies as well. In this article we will take a look at Bitcoin's history from 2009 to present.
Bitcoin’s history isn’t too [...]
BIS Researchers: Banks Might Adopt Digital Currency
The Bank for International Settlement (BIS) is an international financial institution that serves as a bank for central banks. As such, their views on any economic or financial matter has a lot of weight. Recently, researchers at BIS released a bulletin in view of the current coronavirus pandemic [...]
Billionaire Tim Draper Thinks Bitcoin Price Will Still Hit $250,000:
Tim Draper is a known crypto bull. In fact, he is a billionaire crypto investor so he puts his money where his mouth is. Over the years, Draper has stated time and again that Cryptocurrency is the future. He believes that the price of Bitcoin will increase. He also state that Bit [...]
Central Banks Might Dump Gold for Bitcoin?
As the world faces its worst economic crisis yet, investors are scared that central banks might dump the bullion. Historically, gold is considered as a safe-haven asset. But, if the central banks of the world dump it, investors might need something new. Could investors dump gold for Bitcoin?
Markets tend [...]
Coinbase-Backed Crypto Rating Council Lists IOTA, CR, and USDC:
The question of whether a particular cryptocurrency constitutes a security is becoming increasingly important within the blockchain industry. Therefore, some of the core players in this area are working hard to better understand the problem.
The Crypto Rating Council (CRC) is a leadi [...]
Coronavirus pandemic: What will be its impact on Bitcoin?
The market including the bitcoin and cryptocurrency market, has stagnated worldwide since the end of January. The world had already anticipated a recession of 12 to 18 months, but the corona virus pandemic paralyzed both supply and demand sides in an incredibly short time, thereby causing [...]
Bitcoin’s Codebase To Be Preserved Under Arctic Ice For 1000 Years
As part of an archival program, Github is going to preserve bitcoin’s codebase under the arctic ice. The mission of the program is to make sure that future generations have access to today’s open-source software.
The archival team is currently in the process of preparing the codeb [...]
Bitcoin & Cryptocurrency Fans Switch To Decentralized Alternatives After YouTube Bans
YouTube, the popular video-sharing platform has been making it hard for cryptocurrency channels for quite some time now. There have been multiple reports of them deleting channels and removing Bitcoin and cryptocurrency content over the years. According to ma [...]
Survey Shows Sentiment Shift In India After Bitcoin Ban Lift
India has done a lot of back and forth with Bitcoin and cryptocurrency since the beginning. But since 2018, things had become quite dire for crypto enthusiasts in the country. The Reserve Bank of India had put a banking ban on the cryptocurrency industry. This stifled growth and drove ma [...]
Russia Delays Bitcoin Bill Citing Coronavirus
The past couple of years have been all about Bitcoin and Cryptocurrency regulations. After almost about a decade of existence, regulators around the world finally began drafting laws for them. While countries like Canada, Portugal, France and others have put forward clear cryptocurrency laws, many othe [...]
Bank giant Credit Suisse expresses support for Bitcoin
A Perth Mint manager has caught the attention of Bitcoin supporters with an alleged excerpt from a Credit Suisse report. Because: In it, the banking giant, Credit Suisse expressly support for bitcoin and cryptocurrencies. According to the brief statement, the bank has started to lose confiden [...]
Binance Set To Acquire CoinMarketCap For $400 Million
Coinmarketcap.com is one of the most successful websites in the cryptocurrency industry. For many, it is the go-to place to check out the various crypto stats. As such, a recent report of Binance acquiring the site has rocked the crypto community.
The news spread like wildfire throughout the i [...]
Bitcoin loses top rank on CoinMarketCap index
Since it's inception, 2008, Bitcoin has maintained the highest 24 hour volume. No other altcoin has ever come close. However, history has been made on April 1st 2020, when Bitcoin was officially taken over. With a 24 hour volume of $41,758,500,000, as compared to Bitcoin's$33,075,387,209, Toilet Paper [...]
What Is CFD In Cryptocurrency
There is no dearth of ways to invest or trade in cryptocurrency or the traditional financial markets. This is not a surprise as they have had decades to come up with all the different financial instruments. Traders and investors flock towards the instruments that serve them the best. Each person and institution has di [...]
Zimbabwe Central Bank to Regulate Cryptocurrency
The central bank of Zimbabwe RBZ has decided to turn around. In the future, the country's top financial institution plans to issue guidelines for crypto companies.
So far, the government has banned local banks and exchanges from trading cryptocurrency. In the wake of the ongoing economic crisis.
R [...]
The issuance and circulation of cryptocurrency in Russia carry an unjustified risk. According to a legal executive at the Central Bank of Russia, in the bill on digital financial assets (CFA). The bill provides for a ban on the issuance and circulation of Bitcoin and cryptocurrency in Russia, introduces liability for violation of the ban.
Head of [...]
Canada Tightens Crypto Regulations Alongside AML/CTF Overhaul
The Financial Transactions and Reports Analysis Center of Canada (FINTRAC) recently made an important announcement. They revealed that they were looking to implement new anti-money laundering and counter-terrorist financing regulations to cryptocurrency. This also means that the cry [...]
Coronavirus And Its Effects On Price of Bitcoin & Crypto
During times of panic and turmoil, the first industry to take a hit is the financial industry. The past week or so has been the greatest proof of that. Currently, the world is battling the Coronavirus. It has been declared as a pandemic by the WHO (World Health Organization). What st [...]
According to a press release from the United States Department of Justice, two Canadian citizens from Surrey BC, Karanjit Singh Khatkar 23 and Jagroop Singh Khatkar 24, were sentenced to 24 months in federal prison for stealing 23.2 Bitcoin (BTC) from an American based in Oregon.
In the fall of 2017, the two brothers created a Twitter account call [...]
American whistleblower Edward Snowden says the crypto crash was the first time in a long time that he wanted to buy Bitcoin.
Snowden suspects that if Bitcoin prices fall by more than 55 percent within two days, there is “too little reason” for such an intensive correction in a short time.
“This is the first time in a while I've felt like buyi [...]
Headline: A glimpse at the Global Cryptocurrency regulation
Crypto assets have become more popular in recent years and this growing notoriety has prompted the need for global regulation of cryptocurrencies.
The regulations are not necessarily negative if we consider that they can guarantee greater security in the use of cryptocurrencies. However, [...]
Cryptocurrencies Devaluation in 48 hours: Bitcoin, Ethereum down by an average of 20 - 30%
In the last 24 - 72 hours, the top cryptocurrencies have crashed: all down by an average of 40%.
What is going on? Analysts are in turmoil, something does not return in this sudden and at times unjustified collapse of all cryptocurrencies, including the les [...]