Cryptocurrency Analysis and News Portal
“With institutions and more advised assets entering the space, volatility will decline,” said David Abner, global head of business development at Gemini, a crypto exchange and custodian. “We’ll see more stability. Recently, bitcoin set a new baseline around $40,000 and it’s now bounced above it. What I see is that
Read More
In an exclusive television interview with Fox Business on Wednesday, JMP Securities director of financial technology research, Devin Ryan spoke candidly on a range of topics within the cryptocurrency industry. This included the macroscopic regulation amid the impending expectations of a White House policy framework, states within the United States
Read More
Volatility continues to be the name of the game for nonfungible tokens (NFTs) amid the rollercoaster valuations and volume surges, but a new trend appears to be emerging in the sector. Aesthetic appeal aside, for many investors, buying an NFT is akin to casting a bait-laden hook into an opaque body
Read More
Bitcoin's (BTC) rise back above the $48,000 mark was back by similar moves from altcoins and analysts expect the market-wide rally to continue if the top-ranked digital asset can take aim at the $50,000 resistance level. Top 7 coins with the highest 24-hour price change. Source: Cryptox Markets ProData from Cryptox
Read More
On Sept. 9, bulls made a strong showing as Algorand (ALGO) and Solana (SOL) each steamrolled to new highs even as Bitcoin (BTC) continues to flounder under the $47,000 mark. The strong performance from the altcoins gives further credence to the argument that the market is in an "altseason," a phase
Read More
As central bank digital currencies, or CBDCs, continue to garner mainstream traction across the global financial landscape in recent years, almost all central banks are actively researching the benefits and risks of offering a digital currency to the public.In its most basic sense, a CBDC is a digital form of
Read More
Since its cypherpunk beginnings, the blockchain industry has long positioned itself as something on the fringe of mainstream. Yet, today, distributed ledger technology experiments by governments, financial institutions and global corporations and broader digital asset adoption has reached a fever pitch.Pandemic aside, 2020 has been a year of tremendous growth
Read More
Innovation across various global industries seems to be moving at an accelerating pace. This makes sense because innovation in one sector ultimately makes innovation in other sectors cheaper. As innovation becomes cheaper, we can naturally expect it to increase in usage. The advances we’ve seen in the world are all underpinned
Read More
Ledger suffered a data breach, crypto mining in India comes with questions and a new decentralized finance (DeFi) looks to offer lending and saving opportunities for PoS token holders. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You
Read More
The Prime Minister of India, Narendra Modi, has endorsed blockchain as an ‘opportunity in frontier technology’, renewing hopes that the country is warming to cryptocurrencies.In a keynote address at the India Ideas Summit, hosted by the US-India Business Council on Wednesday, India’s Prime Minister Narendra Modi pitched the country as
Read More