Cryptocurrency Analysis and News Portal
Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH).Per a press release published on Sept. 16, companies that use BitPay for payment processing are now able to accept Ether for purchases without having to set up any enhancements. BitPay has
Read More
A $10 billion wealth advisor predicts the next Fed rate cut will launch the bitcoin price to a new yearly high. There's just one problem. | Source: Jim WATSON / AFP (i), Jan von Uxkull-Gyllenband/Shutterstock (ii). Image Edited by CCN.The Federal Reserve will hold its next policy meeting tomorrow,
Read More
Senate bill 1025, which aims to completely ban the use of Venezuela’s cryptocurrency Petro, can have disruptive consequences for the sustainability of cryptocurrencies in the U.S. digital markets.Last year, Donald Trump signed an executive decree that prohibited U.S. citizens from owning and trading in Petro, the Venezuelan government cryptocurrency backed
Read More
Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East.The spot bitcoin rate slipped 0.03 percent to $10,301.78 on Coinbase, while bitcoin futures on CME surged by 1.12 percent to $10,380 as
Read More
Berlin-based tokenised equity crowdfunding platform Neufund is releasing its first issuer to retail investors on their platform called Greyp, an electrical mobility platform backed by Porsche, Camel Group and T-mobile. It’s a sister company of Rimac Automobili, a car manufacturer founded by Croatian Entrepreneur Mate Rimac. The offering starts on
Read More
CEO of Calibra, Facebook’s digital wallet for its proposed Libra stablecoin, has attempted to debunk the notion of Libra’s threat to the global financial system.Not new money but a better payment networkAmid the ongoing meeting between Libra founders and 26 global central banks in Basel, Calibra CEO David Marcus
Read More
According to a press release published on September 13th, the U.S. Department Of The Treasury is sanctioning three North Korean state-sponsored malicious cyber groups, known by the names of Andariel, the Lazarus Group and Bluenoroff. All have targeted and employed cryptocurrency for their nefarious purposes.In a statement released by the
Read More
Data from blockchain.com shows Bitcoin’s hash rate is at all-time-high. Last week, it peaked at 98.5 quintillion hashes per second. In addition, according to the mining pool, BTC.com, mining difficulty is also at its highest ever level at 11.9 T.All in all, miner’s confidence, in Bitcoin, has never been higher,
Read More
Information technology service management giant Gartner foresees blockchain becoming transformative for most industries within 10 years.Gartner made its remarks in the press release accompanying its 2019 Hype Cycle for Blockchain research, published on Sept. 12.“Some level” of blockchain adoption in the next 3 years: CIOsThe Hype Cycle report tries
Read More
The European Central Bank (ECB) plans to develop an alternative public cryptocurrency, according to a new report on Forbes.French and German government officials back the supposed ECB’s plans for a development of a digital currency, which could become a potential rival to Facebook’s Libra and Bitcoin(BTC)trade like other popular cryptocurrencies.
Read More