Bitcoin touched a yearly high of $19,400 before registering a 14% price correction last week. The price correction after three weeks plunged bitcoin prices to near the $16,500 mark on Friday. Bitcoin has managed to recover by almost $2,000 since then as its price touched a daily high of $18,569 and looks poised for another
Bitcoin experienced a $3,000 price crash as it was inching close to its 2017 price high, the price fell from $19,800 to below %16,500. Currently, bitcoin is consolidating around $17,000 and is expected to bounce back and go past its all time high. However, despite the price crash, the bitcoin community is quite bullish as
Ripple in a first of its kind move has filed for selling one-third of its shares in MoneyGram, one of its key strategic partners from 2019. The blockchain solution provider had completed a $50 million investment in MoneyGram in November last year. According to the official filing made with the SEC, Ripple currently owns 6.22
Whenever Bitcoin is the topic of discussion, the name Satoshi Nakamoto is inevitably mentioned. In almost every article, his name is included as the creator of Bitcoin. It is important for those interested in Bitcoin to know who Satoshi Nakamoto is, in the same way that it is important to know Bill Gates and Steve
Facebook’s digital currency project Libra has hired Saumya Bhavsar, the former global head of regulatory affairs and data protection at Credit Suisse as the new general counsel for Libra Networks, a fully owned subsidiary of Libra Association. Libra network would be responsible for the rollout of the libra digital stable coin and the Novi digital
Microstrategy, business analytics, and mobility platform decided to convert a portion of their company’s treasury reserve and bought $400 million worth of Bitcoin back at the end of Q3, 2020. The company made a strategic decision to include a non-corelative asset like bitcoin in their portfolio to ensure a hedge against growing inflation and the
One of the most purchased gift cards out there is the Amazon gift card. Probably due to the fact that it is the world’s leading online retailer to date. With a vast selection of goods, the Amazon gift card is the perfect present for when you want to surprise someone with endless shopping possibilities. And
China’s growing influence in the digital currency space has got the US intelligence community on their toes as they see it as a threat to financial security. As per a recent report, the Director of National Intelligence John Ratcliffe wrote a letter to the Security and Exchange Commission (SEC) Chairman Jay Clayton expressing his concerns over China’s
With the crypto market heating up and a potential new wave of users entering the space over the coming months, one of the easiest ways to bridge the gap between the legacy banking world and digital assets is through the range of crypto card services now available. Crypto card platforms allow users to access and
The ongoing bull run has made many influential people come out and reveal that they have been hodling bitcoin for quite some time now. Many mainstream financial and traditional hedge fund managers have revealed that the demand for Bitcoin is sky high at present. Hollywood stars like Masie Williams, JK Rowlings, Mike Tyson, and many
Brink, a non-profit organization aiming to fund and support open-source Bitcoin protocol development was launched today with the backing of former Blockstream alumnus Mike Schmidt and former Chaincode Labs developer John Newbery. Dave Harding, a well renowned Bitcoin technical writer would act as the independent director for the non-profit organization. The organization aims to raise
Bitcoin was consolidating above $18,500 for the past couple of days and a market pullback was on the cards, however, bitcoin today soared past the $19,000 mark for the first time in three years. The current bullish burst is being attributed to PayPal CEO’s bullish comment on Bitcoin and their plans to allow cryptocurrency as
XRP, the third-largest cryptocurrency by market cap is currently soaring past resistances with ease making a parabolic price curve on the short-term chart. The altcoin set a three year high today as its price breached $0.90 with over 100% gains in a single day on Coinbase before experiencing a flash crash. XRP was trading at
PayPal made big waves a few weeks ago with their announcement of entering the Bitcoin sphere. This move, which had been hinted at months earlier, combined with Square’s large purchase of Bitcoin, has played a big role in Bitcoin’s recent skyrocketing price. Some have been calling PayPal’s entrance to be a huge boon for getting
Bitcoin entered into the third-week of its bullish price rally with its price currently consolidating above $18,500. The top cryptocurrency has managed to hold ground despite two flash crashes of over $1,000. Many believe that bitcoin’s ongoing bull run is way different than the 2017 one as the king coin steadily nears its all-time high.
OKEx, the cryptocurrency exchange has terminated withdrawal from its platform from October 16 after the Chinese founder Xu Mingxin of the exchange was taken away by the Police amid the growing crackdown on OTC desks and to counter the growing money laundering issue. Mingxin was arrested in early October and the withdraws remained shut since
The altcoins have finally arrived at the Bull run party that Bitcoin initiated a couple of weeks ago, bringing back the memory of 2017. Bitcoin’s bull rally started after the king coin broke past the key resistance of $13,000 and $15,000 and is currently trading at $18,658 registering more than 17% gains over the week.
If you’re just starting out with cryptocurrency or getting in deeper, you are wading into an ecosystem that has some complexity to it. Most beginners know that there are different exchange options, but fewer of them understand how these exchanges compare to one another. Right now, some of the biggest questions that traders may have
ETH 2.0 is slated for the launch of its Beacon Chain on December 1st, 2020 that would mark the commencement of Phase 0 of ETH 2.0 rollout. Phase 1 and Phase 2 rollout are believed to commence by 2021 end. Ethereum’s transition from a Proof-of-work mining consensus to a Proof-of-stake mining consensus is being dubbed
ETH 2.0, the new Proof-of-Stake-based blockchain system is gearing up for the official launch of Beacon Chain to commence Phase 0 of the ETH 2.0 rollout. However, in order for the official launch on December 1st, there should be at least 16,384 validators on board by November 24th, where each validator must stake 32 ETH.