Cryptocurrency News
The global economy is facing an unprecedented meltdown. No part of the global economy has been left unscathed by the COVID-19 pandemic. While most financial markets have been facing weeks of a meltdown, some asset classes have grown due to the crisis. One of these asset classes is USD-backed stablecoins. […]
Forging crucial partnerships is mandatory in the cryptocurrency industry. Ripple has done so with MoneyGram, and it seems this collaboration benefits both parties equally. MoneyGram is using XRP through the On-Demand Liquidity venture. MoneyGram Doesn’t Hold on to XRP Payments This helps the remittance provider to provide faster and cheaper […]
Can you invest in the precious metal industry with Bitcoin? What about other cryptocurrencies? The answer to both questions is “Yes”. Since the creation of Bitcoin in 2008, its price has increased. As a result of its increasing value, it has also become accepted as a method of payment. Little […]
Bitcoin price has consolidated the last week for the most part with some downside pressure. The last 7 days, Bitcoin price has returned -1.53% as the market shifted towards altcoins. Despite Bitcoin price falling the last week, it should be noted that technicals right now are highly bullish based on […]
Most financial institutions have willingly ignored Bitcoin and similar currencies for years. In 2020, most of these banks are suddenly jumping on the bandwagon as if there is no tomorrow. CME Group has been on the fence about Bitcoin for a while. CME is Warming up to Bitcoin Albeit the […]
The new EBO Ethereum Crypto Wallet represents an open finance solution that brings self-serving Ethereum token holders a one-stop shop for many of their crypto transaction processes. Starting this month, mobile app users will be able to enter and exit crypto positions quickly and effectively, with a winning user experience […]
Although the 2019 cryptocurrency market didn’t show the same bullish trend as 2017 and 2018, it was a year of many interesting projects that nurtured innovation. Whether you’ve been interested in crypto for a while now, or you’ve decided that now is the time to start investing in it, it’s […]
As we are entering a period of accumulation and mass adoption, the use cases of crypto still remain unclear for everyday individuals that debate the value and impact it will have in society. While businesses and institutional investors are starting to implement blockchain into their business practices, crypto enthusiasts are […]
11 years ago, the world was changed. An elusive person, Satoshi Nakamoto created Bitcoin. The digital currency solved one of the biggest issues faced by past attempts, the problem of double spending and a military grade security. The next big change came with Ethereum, by Vitalik Buterin. Buretin essentially took […]
A lot of people were taken aback by Tether issuing a digital gold-backed token. The trading of XAUT on Bitfinex has begun, albeit demand is virtually non-existent. It is very different to “gamble” on the value of a token tied to gold. Who Wants to Trade XAUT on Bitfinex? Especially […]
The financial situation in Venezuela remains subject to plenty of speculation. On Reddit, one user claims how residents are selling their Petro holdings at a 50% discount. It is often difficult to distinguish truth from fiction when it comes to Venezuela. Selling the Petro in Venezuela The country has remained […]
Surveys regarding cryptocurrencies can offer valuable insights. As is usually the case, the findings need to be taken with a grain of salt. One survey by American Insured Hartford Steam Boiler, or HSB, paints an interesting picture. More SMBs Should Accept Bitcoin Payments It claims how several SMBs in the […]
Many people still have high hopes for a Bitcoin ETF. As more time progresses, those chances have become slimmer altogether. Even Bitwise is now withdrawing its application, albeit temporarily. Still no Bitcoin ETF in Sight The company cites “being consistent with public interest and protection of investors” as the main […]
Bitcoin’s meteoric rise to popularity over the past decade has created a tailwind that has driven a significant number of traders into the nascent crypto markets, primarily because of the frequent volatility that Bitcoin and other digital assets incur on a regular basis. The massive increase in the number of […]
It has been a while since BitPay surprised the cryptocurrency industry. In a new turn of events, the company is looking to step up its commerce game by removing volatility whenever possible. The press release confirms BitPay will begin offering stablecoin payments for both merchants and consumers all over the […]
As the year almost comes to a close, there could be some interesting Bitcoin action in the weeks ahead. If the network hashrate is any indication, that activity might not necessarily be positive. In the past few months, the overall Bitcoin hashrate has seen many ups and downs. Highs and […]
Cryptocurrency futures trading is, undoubtedly, becoming more popular daily. The level of competition between various platforms is heating up and it takes something special for an exchange to emerge. Thus, a lot of derivatives exchanges look to differentiate themselves from the others and find their piece of the sky. One […]
For decades, active traders who were looking to translate massive volatility into substantial profits firmly positioned themselves within the forex markets due to the liquidity and volatility of fiat currencies. Over the past decade, however, the emergence and growth of digital currencies like Bitcoin has led to an exodus of […]