Cryptocurrency Analysis and News Portal
Fundstrat’s Tom Lee thinks the S&P 500 will hit all-time highs by year-end. Massive stimulus and a sharp rebound in corporate earnings are driving stock prices higher. There is no better alternative to stocks, as bonds have meager yields. While many investors believe the stock market will crash soon,
Read More
G2A is paying out nearly $40,000 to developer Wube for the sale of fraudulently obtained game keys. Last year, G2A offered to reimburse developers ten times the cost of charge-backs on the condition they could provide proof of fraud and would agree to an independent audit. G2A failed to
Read More
The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200. This would signal the end of a 46-week descending channel that BTC/USD has been locked in since it nearly tapped $14,000 in the summer
Read More
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year.In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being
Read More
Ethereum co-founder Vitalik Buterin said that issuance on the Ethereum 2.0 upgrade will be drastically reduced in a podcast interview with POV Crypto called “Internet Money”. Discussing some of the differences between Bitcoin (BTC) and Ethereum (ETH), Buterin explained why the team chose Proof of Stake as the upgraded consensus
Read More
Bitcoin's price jumped above $8,100 on Wednesday, making an April gain for the fifth consecutive year all but certain. The top cryptocurrency by market capitalization rose to $8,191 at 11:15 UTC, its highest level since March 10, according to CoinDesk's Bitcoin Price Index.At press time, bitcoin is hovering near $8,170,
Read More
Decentralized finance — of DeFi — lending protocol dYdX has produced more than $1 billion in loans since launching one year ago.The milestone was driven by consecutive monthly all-time highs during February and March of more than $250 million and $400 million respectively. Nearly 317,000 transactions have been generated across
Read More
Major Spanish bank Santander plans to roll out its Ripple-powered international payments system One Pay FX in Mexico in 2020.In a Form 20-F filed with the United States Securities and Exchange Commission on March 6, the bank revealed that Mexico will be offering the service in early 2020.The One
Read More
Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12 announcement.Blockchain platform brings down cost and improves efficiencyBlockchain technology allows air
Read More
Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from
Read More