Cryptocurrency Analysis and News Portal
The possibilities of new technology being adopted mainstream by businesses depend on how liabilities and the magnitude of the effectiveness with which it can solve real business problems. Cryptocurrency might have been considered a fad but the underlying technology called the blockchain has been found to be extremely effective in
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A new study from Fortune Business Insights, a company offering market studies and consulting services, estimates the blockchain technology market will reach $21 Billion by 2025, according to GlobeNewswire’s report on May 12. It stated that: “The blockchain technology market size stood at USD 1.64 billion in 2017, and is projected to
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About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards.The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus paid to miners for solving
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The crypto industry is visibly attracting many countries amidst the coronavirus crisis. As the world is at the verge of the historic economic recession, an increasing graph towards investment in cryptocurrencies can be witnessed worldwide. Russia too has shown similar trends with a massive upsurge of 486 % in the
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COVID-19 is a medical term for coronavirus. It is a killer virus that killed more than thousands of people across the world. Many people are still suffering due to coronavirus. Currently, more than lakhs of people are admitted to the hospital due to this COVID-19.How has COVID-19 affected all over
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Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures.Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings, a Nasdaq-listed holding company, announced that it is temporarily shutting down its cryptocurrency
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Sharing is caring!Forte has teamed up with legendary game developers Hi-Rez Studios, Netmarble, Magmic, nWay, and DECA Games to integrate Forte’s open and easy-to-use blockchain platform into their game ecosystems. This will unlock new economic and creative opportunities for both the developers and their player communities. Disruptor Beam, Other Ocean,
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Bitcoin (BTC) has failed to hold onto gains once again as commentators warn that the interest rate cuts by the Federal Reserve are “not a drill.”After the United States’ central bank cut rates to near zero on Sunday, BTC/USD briefly rallied but on Monday was falling in line with
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Circle’s full-tilt pivot into stablecoins is nearly complete. The payments startup intends to sell SeedInvest, the crowdfunding platform it bought a year ago, and focus its remaining assets on developing stablecoin products, said Jeremy Allaire, one of Circle’s co-founders and its remaining CEO (fellow co-founder and one-time co-CEO Sean Neville stepped
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In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing your taxes for crypto is the worst nightmare,” Protocol Labs General Council member Marvin Ammori
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