Cryptocurrency Analysis and News Portal
Bitcoin was heading lower on Tuesday as concerns over a potential $37 million dump grew over traders’ consciousness.The benchmark cryptocurrency hit a new weekly low at $9,116.35 during the early European session, down 5.23 percent from its year-to-date peak of $9,619.95, established Monday. Meanwhile, CME Futures linked to bitcoin plunged
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Ripple ends the year with yet another major announcement after raising $200 million in series C investment, pushing company valuation over $10 billion. Series C investment rounds mean the company has already proved itself and the products it offers, focusing on scaling the company quickly and successfully. Investors involved in a Series
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Blockchain technology has been famed as having a ton of potential. While that has been proven true for the financial world and even the art world, the Senior Vice President (VP) of Alibaba Pictures, Li Jie, strongly believes that the technology can be used to foster the growth of the
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It seems like everyone wants to know a bit more about Bitcoin after prices of the cryptocurrency token have dropped significantly to new six-month lows. According to Google Trends, the recent spike in Bitcoin searches seems to have been originating from African countries with Nigeria, Ghana, and South Africa taking
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Lagos-headquartered fintech Opay has sealed $120 million in a series B financing round from a host of high-profile Chinese investors.Founded in 2018 by web browser developer Opera, OPay — which focuses on developing digital payments solutions to promote financial inclusion — had previously raised $50 million in June of
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While the proof-of-authority consensus algorithm is turning into perhaps one of the most mature versions of blockchain technology. It is faster than other algorithms, more scalable, and does not depend on mining. Market leaders Walmart and GE Aviation are using PoA to track supply chains, and Microsoft has created
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The famed entrepreneur and venture capitalist magnate Tim Draper went candid on India’s government in a recent event, dishing out a few foolproof tips to help grow the Indian economy with blockchain and crypto.The pro-crypto Draper acknowledged the incredible potential India’s economy hold and gave kudos to Prime Minister Modi
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According to a recent report, the blockchain devices market is estimated to grow at a compound annual growth rate (CAGR) of 42.5% in the next 5 years. Growth at this rate means that there would be an increase in the market value from $218 million to $1.285 billion for blockchain
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The blockchain devices market is expected to grow by 42.5% at a compound annual growth rate (CAGR) by 2024, according to a recent research by intelligence and market research platform MarketsandMarkets.On Sept. 12, MarketsandMarkets released a report dubbed “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto
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CEO of online travel giant Booking Holdings believes that blockchain-based currencies will continue to grow and gain more popularity.Glenn Fogel, recently appointed CEO of Booking, expressed his support of cryptocurrencies in an interview with New York-based travel publication Skift on Aug. 20. In the interview, Fogel discussed blockchain and
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