The combined study of Bitstamp and Arcane Research finds Bitcoin world’s greatest portable asset during the end quarter of 2020. The study reveals that because of its “portability”, Bitcoin is being overwhelmingly used as a collateral asset. Breaking records and achieving milestones for Bitcoin is as easy as pie. Recently, Bitcoin has been labelled as…
The general belief in cryptocurrencies continues to widen across all spheres of life as digital assets continue to become more admired by many. The admiration of these assets, which has been on the rise, has also started to entice government bodies and several financial regulators who have started to debate the adoption of cryptocurrencies publicly….
Working on Cardano (ADA), crypto research and development company IOHK has managed to include a unique feature into the ADA Blockchain, which now enables Cardano to host assets using other blockchains free of any smart contracts. This advancement to the Cardano (ADA) Blockchain was made possible by the activation of the Mary hard fork, converting…
In less than 24 hours’ time the entire crypto industry got to see increased gains @ 2.4% on Monday, 1st March, 2021 which significantly increased crypto market capital further. Bitcoin again led the industry as it easily passed the US$ 50,000 critical value barrier. After taking a nosedive, Bitcoin retreated back with the help of…
A new report by Messari has shown that San Francisco-based crypto exchange, Coinbase is now one of the heavyweights of the crypto market after its recent findings. The analysis platform in question, Messari, is regarded as one of the most accurate in the world churning out up-to-date statistics after firms’ statistics. In this new report,…
There has been a dramatic rebound and a subsequent erasure of a large portion of the BTC/USD exchange rate this past week. Nevertheless, the most recent session, which was held on Sunday, managed to be closed just above $45,000, which itself is a level that many would consider has fallen within the supporting area that…
A Court in Spain orders probe on the complaint of a user of a crypto trading platform called Bittrex, whose 1.3 Bitcoin worth US$ 58,000 have been stolen. The Court was of the view that the victim’s lost Bitcoins may be caused due to a possible computer fraud. The police have been directed to complete…
Even though Bitcoin was designed as a peer-to-peer payments system, it is safe to say the digital asset has ticked more boxes in the financial system than it was designed for. Nowadays, we have seen new firms and investments buying up a huge chunk of the asset as a hedge against inflation or holding it…
As per the latest reports, the ILCoin Project has launched a new instrument in the cryptocurrency sector. The instrument has been launched by the ILCoin Project to ensure that the users are provided with more opportunities to earn money. With the help of the new instrument, the users will be granted newer opportunities of making…
People are excited about the new wave of cryptocurrency, but some are worried about hyperbitcoinization. The memes are going crazy over how people who own bitcoins are going to pseudo aristocrats in the foreseeable future. They will be a dominating force in the currency world. A tweet sarcastically mentioned that the hype is as such…
There is no doubt that everywhere one looks at, there is an element of crypto or crypto-related activities being carried out. Even though Bitcoin, accompanied by other digital assets, has not been doing well as of late, it is without a doubt that most entities are still major believers in the asset. Bitcoin saw its…
An enormous whale is in the spotlight after transferring Bitcoins worth almost half a billion to Coinbase in a singular transaction. Whale Alert, which is an automated tool used for surveilling blockchain, detected this huge Bitcoin transfer. $26 Fee for Transferring $400 million? The whale who was involved in this transaction transferred a sum of…
China hasn’t done away with hatching schemes and plans for promoting its CBDC. But the Government is concerned these days about growing fears of scammers whose ultimate target is Digital Yuan. Police has been directed to disseminate warnings across the country about possible CBDC scam of sophisticated nature. Cybercrime Wing of the local police force…
The well-known exchange revealed that it needs more money to start its expansion plans. The expansion plan would help more customers globally get access to the exchange’s services and promote digital asset usage. The use of digital assets is growing at a phenomenal rate, as countries that had not been previously exposed to the blockchain…
An analyst from Zabo, Christopher Brown, says that Decentralized finance might have an interesting model which would help in driving innovation in the fintech and banking industry due to the rise in the use of cryptocurrencies. The Emergence of Fintech 2020 was a great year for the fintech industry, and there is no denying that….
Privacy-centric currency Monero (XMR) is starting to show signs of growth despite receiving long-term rejections by resistance. Monero still seems to be optimistic and attempts to recover, battling the multiple resistance lines to stay alive. The Rejection Monero’s price reached a high of $287 but then showed a declining trend after receiving continuous rejections in…
Charlie Munger, Vice Chairman of Berkshire Hathaway advised that investors should refrain from purchasing Gold as well as Bitcoin. Says while crypto is immensely volatile yet the Gold investment would be seriously impacted by upcoming inflation. Charlie Munger is regarded as a living legend in the field of investment. His opinions and analysis are not…
Mistakes in the crypto sector as regards transfers of the coin are something that people are advised against. Some months ago, a Reddit user took social media to announce how he mistakenly paid a huge amount for the transfer fee. While that one was something to think about, a man said that he mistakenly sent…
In recent times, a blockchain-related soccer gaming startup has its total funding of a staggering $60 million. The funding was collected through social media apps like Twitter, Instagram, and Snapchat, and the money was brought in by huge profile investors that know these types of businesses from in and out. The first round was started…
The Government of Thailand is in the process of proposing a new set of rules regarding crypto, particularly those investors who deal in retail crypto. The ultimate target of the new laws is the persons who are seeking to open up crypto trading accounts with exchanges. The law is likely to incorporate a provision seeking…
