Cryptocurrency Analysis and News Portal
According to data from blockchain analytics website Messari, the number of unique Ethereum wallet addresses has grown nearly twice the rate of Bitcoin’s since the beginning of 2020. Reasons Behind the Growing ETH Addresses The growth in the number of active Ethereum addresses has eclipsed that of Bitcoin throughout 2020. Per data
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ShareRing (SHR) is partnering with the industry-leading merchant bank for blockchain and digital assets GDA Capital. GDA will be providing ShareRing with
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When India’s Supreme Court overturned the banking restrictions for crypto exchanges back in March, everything changed. Since then, Binance joined the Internet and Mobile Association of India (IAMAI), which played a key role in overturning the ban, and noted explosive growth via WazirX, the Indian exchange Binance acquired in 2019. A
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As the number of bitcoin ATMs soars, one crypto analytics firm suggests they are increasingly being used to sidestep anti-money laundering (AML) controls. In its Spring report, published earlier this month, analytics company CipherTrace found bitcoin ATMs were frequently used to send funds to “high-risk exchanges” – trading platforms the company
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The median transaction fees on the Ethereum network are the highest they have been in two years and have risen above Bitcoin fee for the second time in the last three months. Recently, Coinbase researcher Max Bronstein tweeted the chart below and suggested that the most recent surge seems to be
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The South Korean government recently announced their intention to impose a tax on cryptocurrency, leading to backlash. Korean Yonsei University economist, Sung Tae-yoon, warned that the decision to tax crypto capital gains may slow the technology’s emerging market, according to Koreatimes on June 21. Sung said that taxing the crypto market
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Businesses are going through digital transformation and so is the global economy. While other technologies are mainly focused on improving the process and making it more efficient, Blockchain technology stands out from the crowd by replacing those processes with new ones that deliver exceptional results.According to the IDC report, Blockchain spending
Read MoreGlobal money transfer platform MoneyGram recently unveiled year-over-year growth numbers, showing double the number of transactions seen in May 2019. MoneyGram ended Q1 2020 with 57% growth in digital transactions, a June 9 statement from the company said. The firm saw activity ramp up another 43% by May's end. MoneyGram's partnership with
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Voyager Digital stock is showing great results this year. It means that it can become a good choice for investors who are interested in the crypto industry.Cryptocurrency broker Voyager Digital Canada Ltd (CNSX: VYGR) has seen a doubling of its stock from last year. This brings the heavily regulated company
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[sociallocker id="55298"] Using cryptocurrencies as a preferred method to “hedge” against real-world risks seems to be a valid play. Data, collated from various bitcoin exchanges, is now pointing towards a huge surge of users, even as retail activity on traditional markets continues to decline. COVID Pushes Bitcoin Adoption As per publicly available
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