Cryptocurrency Analysis and News Portal
Bitcoiners planning around next week's "halving" on the blockchain network need to keep checking their countdown clocks: Every time they look, it seems it's coming a little sooner.Last week, Michael Maloney, chief financial officer of Coinmint LLC, a Puerto Rico-based cryptocurrency mining company with operations in upstate New York, examined data from the Bitcoin blockchain and estimated
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It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, which traded in the $6,000s at the start of April, traded as high as $9,500 last week.While the ongoing rally has stalled in the $8,000s, with BTC holding at $8,800, analysts expect upside.Backing this sentiment is a confluence of
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All over the world, doctors, nurses and medical resources are strained as the fight against the coronavirus continues. In response, many charitable organizations and philanthropists from various industries have come forward to offer their support. In the cryptocurrency industry, companies such as BitMEX, Binance and the Stellar Foundation have been making
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The crypto sphere has seen a lot of buzz over the past few months with regards to the Bitcoin halving that is going to take place in May. Bitcoin is the biggest cryptocurrency in the world, and it is only natural that the upcoming halving event has caused such a
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Bitcoin (BTC) continued to shoot for $7,500 on April 8 as bullish momentum kept support at $7,000 firmly intact.Cryptocurrency market daily overview. Source: Coin360$7K holds firm for BTCData from Coin360 and Cointelegraph Markets showed BTC/USD trading in a rigid $300 corridor on Wednesday, keeping volatility between $7,100 and highs
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Billionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry.On March 22, the venture capitalist tweeted that the Supreme Court’s recent reversal of the Reserve Bank of India’s
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Highlights:Bitcoin plunges to $3.8K for the first time since April 2019.The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange.The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets.Bitcoin fell to its 10-month
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The Steem blockchain reportedly experienced a troubling episode recently, whereby the blockchain’s entire governance system was disturbed. Tron founder Justin Sun, new owner of the Steemit social network based on the Steem token, appears to have successfully executed a takeover of Steem by leveraging not only tokens directly controlled,
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Warren Buffett backed fellow billionaire Mike Bloomberg over Bernie Sanders for the Democratic nomination. One Wall Street giant supporting another is just one example of how out of touch Buffett is with real America. Ray Dalio warned Wall Street that Fed policy was creating social divisions more than five
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Alex Tapscott is a venture capital investor, co-author (with Don Tapscott) of Blockchain Revolution: How the Technology Behind Bitcoin and Other Cryptocurrencies is Changing the World and co-founder of the Blockchain Research Institute, in Toronto. The following excerpt, written by Alex Tapscott, is from his new book Financial Services Revolution, available in all good
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