Cryptocurrency News
Crypto is a great tech innovation for system transaction efficiency and thus various developing countries are now keen to adopt the technology rather than accepting it as a legal tender (currency). Cryptos may help in a significant reduction of global remittances cost, which is now around 6.5% on an average, […]
After a stellar run that saw bitcoin set an 18-month record, it has now dropped below the critical $10,000 mark for the first time since June 22. The digital currency dropped to $9,930 before gaining slightly to hit $10,483 as of press time. In the past 24 hours, the top […]
Cities in the United States are under attack from hackers. In recent times, cities like Baltimore in Maryland, Cartersville in Georgia and Lynn in Massachusetts have all suffered attacks. And now, a city in the state of Florida has caved in and decided to pay the hackers. And it wasn’t […]
The euphoric season is back with a bang. Bitcoin is sailing, setting new records and giving the industry hope that the dark times are behind us now. The currency is trading at $12,365, gaining $1,400 in the past 24 hours, an incredible 11 percent gain. The trading volume is also […]
Where do you think the current bitcoin price rally will lead us? Back to $20,000, maybe set a new record high at $30,000? For one analyst, all the factors indicate that the current rally could take us up to $100,000. Naeem Aslam, the chief market analyst at ThinkMarkets, believes that […]
The price of bitcoin has been on one hell of a run in the past few weeks, bringing an end to a tough crypto winter. The digital currency currently trades at $11,340 ta press time according to data from Coinmarketcap. In the past 24 hours, it has gained over 4 […]
Cryptocurrency trading isn’t for the faint of heart, and unfortunately for one trader, he found this out too late. The trader took his life after he lost 2,000 bitcoins in a single trade. He had placed a bet with a 100x leverage, but the markets didn’t go his way. The […]
The happy days for the bitcoin faithful are back. After a lengthy period of turmoil in the market and the long crypto winter, the currency has shown its resilience. Despite having many skeptics write it off, bitcoin has fought back and now, it’s just inches away from $9,000. And this […]
The next halvening is next year, and the effect on the price of bitcoin could be significant. For the few who are unaware, halvening is an event that takes place every four years. It’s when the reward that miners receive gets cut in half, reducing the rate of production of […]
Would you rather have one dollar or one bitcoin? That looks like the easiest choice to make, right? Well, not so much. Capital Creators, a YouTube channel that focuses on entrepreneurship conducted a survey with students from the Unversity of Colorado Boulder. The results? A surprising majority would rather have […]
Block.one, the company behind EOS cryptocurrency, is set to return as much as 6,567% to some of its early investors in a buyback project. According to a report by Bloomberg, EOS will defy the market and reward those who believed in it during its early days. The report comes at […]
Bitcoin has been unstoppable in recent weeks. The digital currency continued its recovery after a horrid few months, hitting a 2019 high of $8,350. This was after the currency had traded below $4,000 just a month earlier. While many believe that the price is finally catching up to the developments […]
Gold vs. Bitcoin is a debate that has heated up ever since the virtual currency took off a few years back. Crypto proponents believe that it’s time to move on from gold as the standard store of value, and Bitcoin’s is the obvious replacement. However, according to one investment mogul, […]
Do decentralized applications (dApps) have a future? Will they ever get consistent users? Do they pose any threat to centralized applications? Two people are willing to risk over $500,000 on this. Ethereum co-founder Joseph Lubin and Bitcoin developer Jimmy Song disagreed on the future of dApps a year ago. During […]
Bitcoin has made a leap in the past fortnight. Granted, the rally started two months ago. However, it’s in the past two weeks that the digital currency has made the biggest gains. Currently trading at $7,900, it hit $8250 earlier today, a level it last hit close to a year […]
In a month that has seen Bitcoin hit new highs for the year, the good news just keeps flowing. According to new reports, some of the biggest retailers in the United States are now accepting cryptocurrency payments. These include Starbucks, Nordstrom, Barnes and Noble and Amazon-owned Whole Foods. The new […]
It has been one of the dominating revelations in recent times for the crypto industry. The $850 million Bitfinex-Tether scandal has grabbed all the headlines in the past month. Since the New York Attorney General announced an investigation into the two firms, the industry has waited with bated breath to […]
22 percent of institutional investors already have exposure to digital assets. This is according to a new report by Fidelity Investments, one of the largest asset managers in the world. The report goes against many crypto skeptics who have been quick to state that institutions are no longer interested in […]