Cryptocurrency News
The race for the cryptocurrency custodial king is quickly heating up. Just days after Fidelity Investments announced that it would offer crypto security and storage services, BitGo has announced the closing of its Series B funding round. The startup offers crypto custody solutions through its BitGo Trust subsidiary. The $58.5 […]
Despite the sheer size of the sports industry, traditional betting platforms still have a lot to learn from blockchain technology, smart contracts and decentralization protocols. Some of the current issues plaguing the industry include high fees, complicated registrations, delayed pay-outs, limited betting amounts, inefficient legislation and more. Disclosure: This is […]
As Bitcoin hovers just above $66,000, notable activity is observed in the transfer of unique tokens between wallets. Recently, 244,000 BTC were circulated in a single day, marking the highest level since March 5th. This uptick in Bitcoin activity suggests a gradual return of utility to levels last seen during […]
Blockchain, the underlying technology behind cryptocurrencies such as Bitcoin and Ethereum, is undoubtedly among this century’s most versatile technological innovations. In short, it’s a decentralized ledger for recording information and transactions in a hacker-proof and censorship-resistant manner. While Bitcoin and other blockchain networks offer low-cost, high-speed, peer-to-peer transactions, they have […]
The decentralized finance (DeFi) and non-fungible token (NFT) markets are booming. Recently, an NFT art piece was sold for over $69 million. Now, Elon Musk is getting involved and is selling one of his tweets as an NFT, with the highest bid being over $1.1 million. The DeFi market also […]
Cryptocurrency exchanges have long been known as one of the primary drivers of growth in the cryptocurrency industry, and are one of the first contact points for retail investors, enthusiasts, and traditional traders look to get involved in the industry. Though cryptocurrency exchanges were once largely clunky, unintuitive, and difficult […]
During a recent interview by the Cryptotesters podcast , the Nexo CEO, Antoni Trenchev provided a lot of insight on the Nexo crypto lending platform. Antoni talked about product offering, digitized gold, potential tax benefits, and more. With being a regulated entity, the company continues to position itself as a leading […]
2019 was the year of Stablecoins and Exchanges. The IEO hype that took the market from $125 Billion m.cap (total market capitalization) to $300+ Billion m.cap, not only gave moral boost to exchange owners after the 2018 market crash but also was a major reason for the introduction of new […]
Tokenization is the process of substituting a tangible or intangible asset with a digital equivalent, for identity, transfer and storage purposes. Tokenization has increasingly become the greatest craze in the IT industry. Because of Bitcoin’s solution to the double-spend problem, the Internet now has the capability to create, link or […]
One of the biggest barriers in the adoption of cryptocurrencies by an average person is the tedious method of acquiring crypto and subsequently using them for day to day activities. Jumping through hoops of Know Your Customer (KYC) and Anti Money Laundering (AML) checks only lands the interested person on […]
In the cryptocurrency world, stablecoins have become a lot more prominent in the past few years. Whereas Tether’s USDT asset continues to generate the most liquidity, a fair few competitors have emerged in the past 18 months. The Universal Protocol Alliance is now looking to add another stablecoin to the […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Tron is slightly moving up on Feb 22, trading at $0.0253. Technically, the crypto is finishing its triangle correction, which is confirmed with the price testing the current channel resistance and the MACD convergence. If the price manages to stay above the resistance, […]
Making deposits and withdrawing payouts has become easier than ever before. Online gamers have a variety of safe and reliable payment options to choose available in a multiple currencies. Players can conveniently handle banking using a number of international and local methods. With so many options, which ones make the […]
The world of cryptocurrencies faces many challenges. They include price volatility as well as low mainstream uptake. Cryptos are also susceptible to a 51 percent attack as was seen recently with Ethereum Classic. However, the biggest challenge remains to be the ambiguous and vague regulatory framework governing the industry. Wyoming […]
The year 2018 hasn’t been short of important events and milestones, good, bad and ugly. For one, the year began with Bitcoin trading at $15,000. It has since then shed 75 percent of its value and trades below $4,000 at press time. Some altcoins such as ChainCoin have shed as […]
It’s the season of joy all over the world, and the crypto industry is just as radiant. The market is swimming in green, with XRP and Ethereum leading the pack. The two gained 18 and 20 percent respectively in the past 24 hours, with Stellar and TRON each gaining 10 […]
At press time, the father of cryptocurrency is trading for over $6,500. This is about $300 more than where it stood yesterday. Some analysts are going so far as to say that bitcoin is entering a “recovery phase.” While a $300 jump is a good thing, at this point, we […]
It has been a very interesting year for cryptocurrency. Wild price fluctuations and regulatory developments have put a brand-new perspective on things. One would almost forget Bitfinex was hacked just over a year ago, forcing the company to issue IOU tokens and reduce user balances. The Bitfinex Hack: One Year […]