Cryptocurrency Analysis and News Portal
The United States Senate rejected the new stimulus proposal on Sep.10, which did not include a new round of $1,200 checks. However, this boosts the chances of a new proposal with individual checks getting approved, and could serve as a catalyst for Bitcoin (BTC).Why was the stimulus proposal rejected, and
Read MoreSquare, the U.S.-based financial services company headed by Twitter’s Jack Dorsey, is establishing a consortium to fight patent trolling and ensure open access to technology in the crypto sector.The ‘Cryptocurrency Open Patent Alliance’ (COPA) seeks to democratize access to innovative technologies in the crypto sector, asserting that “open access to
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Bitcoin has have tumbled over the past few weeks but the cryptocurrency continues to gain mainstream traction. This
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Bitcoin transaction volume is rapidly moving off of exchanges, which is a positive sign that indicates the market
Read MoreThe pandemic has seen consumers adopt digital payments in increasing numbers and the trend was accelerating, said the President of the European Central Bank (ECB) Christine Lagarde. She also indicated a panel of euro-zone central bank officials is set to reveal a verdict on a European central bank digital currency
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Eterbase, a Slovakia-based crypto exchange, was recently the victim of a $5M hack. According to an update from Eterbase, some of these funds appear to have ended up on a number of popular exchanges, including Binance, Huobi Global, and HitBTC.Binance CEO's Changpeng Zhao, or CZ, seemed to support efforts to
Read MoreThe rapidly expanding DeFi space is becoming riddled with scams as another suspicious project has headed for the exits carrying speculators' money."A new liquidity mining pool DeFi project, Yfdexf.Finance has exited the market after defrauding investors of $20 million in total funds locked in its protocol," media outlet ZyCrypto wrote
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The cryptocurrency industry has been constantly evolving since Bitcoin made its first appearance over a decade ago. What
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OKEx Jumpstart, the cryptocurrency project accelerator operated by global crypto spot and derivatives exchange OKEx now supports mining
Read MoreThe price of Bitcoin (BTC) has been ranging between $9,800 and $10,500 for nearly a week after a short fall from almost $12,100 seen on Sept. 1. As BTC struggles to show any distinctive price movement, traders are generally cautious.Over the medium to long term, traders expect Bitcoin to recover
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