Bitcoin (BTC) is pulling lower after doubling in value following a massive surge from 2018 lows. The flagship cryptocurrency remains under immense bearish pressure after a 130% plus rally since the start of the year. Bitcoin Price Analysis A rally past the $8,000 mark had for the first time, in months, reinvigorated investor interest on…
According to a study executed by Gartner, 90% of the blockchains in use today will be obsolete or need complete replacing in only a couple of years. The Gartner blockchain study doesn’t sound too good, but it’s not all bad news. The Gartner Blockchain Study Gartner’s study says the following: “By 2021, 90% of current enterprise…
Some weeks back, Facebook indicated that it was launching a cryptocurrency payment service called Project Libra. The company has had a series of talks with various e-commerce companies as well as financial firms seeking support for the payment service. The latest discussions involve the US Commodity and Futures Trading Commission regarding Facebook’s stable coin initiative: GlobalCoin.…
According to sources, BitMEX Ventures has invested in a crypto exchange licensed by the central bank of the Philippines. The investment aims to help the Philippine Digital Asset Exchange (PDAX) to develop its cryptocurrency marketplace. The aim is to include other digital assets such as tokenized commodities, real estate equities, and debt securities. BitMex Invests in PDAX Hong Kong-based…
Coinbase has announced that from today, EOS will be supported by its custodial wallet. Coinbase users can now buy, sell, receive, convert, and store crypto on the platform as well as exchange it against fiat currencies that are supported. EOS is currently among the top cryptocurrencies, and it is ranked fifth largest in terms of…
Bitcoin is closing out the month near $8,500 USD. Surging more than 60% since the beginning of the month, its revival has caused a global stir. However, in the midst of the excitement, blockchain researcher Chainalysis is discovering a problem that perhaps most of us already know: hardly anyone is actually spending it. Chainalysis Inc…
Satoshi Nakamoto is the alias used by a person or group who authored the Bitcoin whitepaper. Satoshi is the creator of the first release of the Bitcoin protocol and blockchain database. The alias was used in email and forum correspondence from August 2008 through April 2011. History Satoshi’s first appearance in the world was the…
Most people from around the world that hear about Bitcoin are confused. It is completely normal to feel like that. Bitcoin is relatively new. It appeared in 2008 as a white paper written by Satoshi Nakamoto, an alias of a person that nobody knows. Then, the official launch as a currency took place in 2009.…
You’ve heard of Initial Coin Offerings (ICOs), but have you heard of an Initial Exchange Offering (IEO)? If not, don’t worry—today we’re taking a closer look at IEO. What Exactly is an Initial Exchange Offering? An Initial Exchange Offering and an Initial Coin Offering have the same goal—to raise funds. The key differentiating factor is…
When Ripple (XRP) was created, the developers had in mind a platform that could support financial and banking institutions. Almost a decade later, the company has started to see success, and although it’s not quite at a rate that was expected, there is some visible progress. Ripple Growing Relationship with Institutions The company has already…
