Cryptocurrency News
There have been some concerns regarding the Bitcoin mempool in recent days. On November 15, the transaction backlog got a massive upward spike, for an unknown reason. It is always somewhat worrisome to see the Bitcoin mempool explode in size in an exponential manner. The Bitcoin Mempool Gets Cleared Quickly […]
The US Congress is apparently taking a second look at potentially legalizing marijuana. A vote to federally license this type of drugs will take place next week. It is no secret governments have no love lost for marijuana. Marijuana is Given a new Chance in US Congress Many consider it […]
There are some very unusual things happening in the cryptocurrency space. Governments all over the world continue to scrutinize any company engaging in this type of activity. In a recent turn of events, the Weibo accounts of some cryptocurrency projects have been blocked. An Odd Decision by Weibo Weibo, a […]
A lot of news has come out of Ripple and its partners lately. SBI Ripple Asia is preparing to launch a money transfer service between Japan and Vietnam. In the announcement, it’s mentioned how this new payment corridor will make use of distributed ledger technology. Another Step Forward for Ripple […]
Several interesting details regarding the OneCoin Ponzi Scheme have come to light this week. It appears one of the individuals responsible for this scam is the brother of Dr. Ruja Ignatova. People who have followed the story of OneCoin to date will know this project is anything but legitimate. OneCoin […]
Bitcoin Price Analysis (BTC/USD) BTC/USD pair has been on a downtrend over the last 24hrs. The coin has also given significant moves that suggested intense bearish pressure coming from sellers. The top cryptocurrency is thereby down by 0.37% after having shifted from the opening session of $85.92.24 to the closing […]
The Virie Project is launching the Virie Market, the long-awaited and first ever user-friendly, decentralized free market in its purest form. The Virie Project aims to give the power to transact to anyone with an internet connection since neither bank accounts nor crypto exchanges are required to use the market. […]
China appears to be very serious regarding their blockchain push. A new document unveiled this week confirms the government will increase its overall spending on this technology over the next four years. The report by IDC indicates China will spend over $2bn on blockchain by 2023. That is a very […]
Neo Price Analysis (NEO/USD) NEO/USD pair has today shown a massive upsurge as it maintains its price range above $10.000. Also, the bullish action is likely to increase the investor’s sentiments due to an increase in buying pressure. NEO/USD pair began the session trading at $10.626 that later fluctuated upside […]
DASH/USD pair has showcased a bearish performance over that last five days. The popular altcoin has suppressed the bullish rain and has down surged by 2.69%. Thus, it is currently trading at $69.834, which makes DASH one of the poor performing cryptocurrencies over the week, which also shows a high […]
Cryptocurrency donations can change the life of an individual or project in quick succession. For the Grin team, the recently received a 50 BTC donation shows plenty of people firmly believe in this project. It is not the first time the Grin team receives an anonymous donation. Grin Receives Major […]
Now that the era of initial coin offerings appears to be over permanently, startups flock to other ways of securing funding. Initial Exchange Offerings, or IEOs, have become the hottest trend in this regard. When an exchange gets involved in a token sale, they put their own reputation on the […]
Over the past 11 years, numerous cryptocurrency exchanges have been hacked. The total amount of funds stolen because of these incidents has become astronomical. Even in 2019, that trend is not slowing down. VinDAX, a Vietnamese trading platform, has fallen victim to a cyber attack. VinDAX Confirms the Theft of […]
RippleNet continues to grow and expand. In a new blog post, Ripple confirms there are now over 300 customers making use of this technology. Ripple is not a traditional cryptocurrency company. Their focus lies in the financial sector. Underpinning products, such as RippleNet and On-demand Liquidity, cater to traditional financial […]
There has been some excitement regarding Stellar Lumens. The Stellar Development Foundation confirmed it has removed a fair amount of lumens from the circulating supply. The Stellar Development Foundation works on making XLM a new payments standard. To do so, they control a large portion of the total supply. Those […]
Bitcoin Price Analysis (BTC/USD) The price of BTC/USD pair has shown a positive sign starting from 12:00 to 21:00, where it jumped from $9271.17 to an intraday high of $9586.50 that indicated intense buying pressure. However, the momentum changed shortly after due to an increase in selling pressure. That resulted […]
The current legal status of Bitcoin is difficult to gauge in the United Kingdom. A new taxation guidance update shows there is still some confusion to be cleared up. At this time, cryptocurrencies are neither currencies nor securities. Governments around the world always try to derive taxes from revenue streams. […]
Improving the current financial infrastructure is direly needed. SBI Holdings, an entity from Japan, aims to do so by utilizing Ripple’s XRP. Their goal is to focus on remittance corridors between Japan and South-East Asia through SBI Remit. SBI Holdings has been keen on XRP for some time now. It […]