Cryptocurrency Analysis and News Portal
DOGE is set to make its pop culture debut. As a weeklong pump carries the meme cryptocurrency up 12% on the daily to $.33 and a staggering 43.8% higher on a 7-day basis, some are now speculating the rally could be fueled perhaps in part by a social media tease from
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What is a digital currency and how it works?Digital currency or cryptocurrency is a virtual system of money that is managed by Block-Chain technology. Starting in 2009 it is a system that works in a decentralized manner without the involvement of the government. The money in this system is not
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Per a report by NBS Television, Uganda is planning to build a futuristic city. The project has received the green light from the local government and is set to be completed by 2036. American singer of Senegalese origin, Akon, has been awarded one square mile of land to carry out
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In an interview for The Delphi Podcast, billionaire Mark Cuban talked about his experience with cryptocurrencies, the current state of the market, and the reasons behind his bullish perception of Bitcoin and Ethereum. For Cuban, cryptocurrencies and their applications are the next evolution of the internet. Claiming that Bitcoin has “taken
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Ethereum price is now up 1365% in the past year and over 33% in the past one month according to CoinGecko.Ethereum price has begun April on a positive note after consolidating for the past two months. The asset just broke above the $2000 level for the second time on the
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For the first time, the words blockchain and digital currency have been officially written into China’s blueprint for the next half decade. The National People’s Congress published the 14th five-year plan — a guiding document for the country’s future social development and economic growth — after the curtain dropped this
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In an announcement on Wednesday, VersaBank said it plans to launch a digital currency called VCAD, which will reportedly be backed by Canadian dollars deposited with the bank. The Canadian bank claimed that VCAD would effectively be "the first digital currency to represent a fiat currency" issued and backed by
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The world’s oldest central bank, Sweden’s Riksbank, is to extend its pilot project for a potential central bank digital currency (CBDC) for another 12 months.According to a press release on Friday, the project, which is being carried out with assistance from professional services firm Accenture, will run until February 2022.The
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Three trends1. Crypto infrastructure is being laid down across the banking, tech and financial sectors.BNY Mellon, the world’s biggest custodian bank, will allow customers to custody crypto by the end of the year. It’s working with unnamed outside partners to build out the offering, according to CryptoX’s Ian Allison.Mastercard plans
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Amazon’s grip on the internet economy appears to be coming for currency next, with the e-commerce giant preparing to launch a “digital currency” project in Mexico.The yet-to-be-announced project, which Amazon sketched out across a series of recent job posts, appears to be an effort to keep lucrative Prime customers eternally
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