Cryptocurrency Analysis and News Portal
[sociallocker id="55298"] The crypto mining pool Poolin has started working with crypto lender BlockFi to expand its lending and financial services business. Meanwhile, Square Crypto has awarded a grant to a Bitcoin Lightning Network watchtower and the U.S. Immigration and Customs Enforcement is going after the Venezuelan petro dollar’s architect. Here’s
Read More
After plunging last week, the Bitcoin market has mounted a hefty recovery over the past week. The leading crypto asset traded as high as $9,700 on Saturday evening — just a few percentage points shy of the monthly high.Ethereum has fared even better, with the asset pushing 10% higher within
Read More
On May 4, Alberto Aldape Barrios, director of the Center for Business Research and Development (CIDE), called on the residents of the city of Aguascalientes to be cautious with any investment opportunity in cryptocurrencies.In statements to local newspaper El Heraldo, Barrios warned of “financial speculation” aroused amid the COVID-19 crisis,
Read More
Amid the sharp rise in bitcoin's price Wednesday, shares in the Grayscale Bitcoin Trust (GBTC) also saw notable gains.Bitcoin's sudden rally – which many analysts are associating with expectations around the coming miner reward halving event – helped propel the investment vehicle to a 14.3% gain on the day, with
Read More
Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a unique time: amid a pandemic and with the world on the brink of economic crisis. It calls to mind again the 2014 collapse
Read More
Cryptocurrency-backed lending startup Blockfi added support for buying cryptocurrencies such as Bitcoin with cash on the platform. The purchase can be made by sending cash through wire transfer.Blockfi said the customer can send US Dollar wires to the platform to purchase stablecoin in the form of Gemini Dollars (GUSD), and
Read More
The Chief Executive Officer at leading cryptocurrency exchange Binance believes the Bitcoin halving is not priced in. Whilst reluctant to give a specific price target, Changpeng Zhao is “pretty positive” the upcoming supply shock will result in higher prices.Zhao believes that the current market is not efficient and that future
Read More