The crypto markets are expected to remain volatile this week. Hence, several short-term trading opportunities are likely to crop up. The world is currently witnessing its worst crisis in decades, which dwarfs even the previous financial crisis. Even when traditional asset classes like equities and crude oil are struggling, Bitcoin (BTC) has held out exceedingly […]
Continue ReadingThe ever-entertaining John McAfee told Cointelegraph it is “easy” to figure out the identity of the pseudonymous author of the Bitcoin whitepaper. In an exclusive interview with Cointelegraph during Virtual Blockchain Week, privacy coin advocate, fugitive, and self-proclaimed candidate for the president of the United States, John McAfee, asserted that he knows the identity of […]
Continue ReadingIn the closing keynote for Virtual Blockchain Week, acclaimed author Don Tapscott argued DLT is the foundational technology of “the second digital era.” To close out Virtual Blockchain Week, best-selling technology author and co-founder of the Blockchain Research Institute (BRI), Don Tapscott, delivered a presentation articulating what he describes as the shift from the internet […]
Continue ReadingIf Bitcoin weathers the current financial storm, our monetary system will be on the brink of dramatic changes or even a revolution. We are at a turning point in history. The coming months will show how institutional investors will react in the medium term to the countless rescue packages in the wake of the coronavirus […]
Continue ReadingBitcoin price experienced a huge 20% surge in value last week, but one indicator suggests BTC could still be in a downtrend. The price of Bitcoin (BTC), the top-ranked cryptocurrency, currently sits around $9,000, after last week’s impressive 20% rally in a single day. With the halving now less than 2 weeks away, it might […]
Continue ReadingBitcoin halvings are nothing new, but plenty has changed since 2016. Can the previous network dynamics provide a clue for 2020? With Bitcoin off on an upward rally, many are pointing to the upcoming halving, due on May 12, as the underlying reason. Not unfairly, either. Precedent demonstrates that Bitcoin’s (BTC) price usually ends up […]
Continue ReadingChinese cryptocurrency mining hardware producer Bitmain is now poised for a rebound after hitting a rough patch. Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this […]
Continue ReadingInnovations in blockchain technology are changing the paradigm and even the concept of possessing gold. Gold’s history as a symbol of value dwarfs that of any other artifact. Used as money in both ancient Greece and the Roman empire, gold was also the preferred method of payment for goods along the Silk Road. When modern […]
Continue ReadingCan blockchain-based social media platforms solve the current issues faced by mainstream platforms? It’s hard for most people to imagine their lives without the use of social media, and crypto enthusiasts are no different. Since the beginning, the crypto industry has thrived on social media platforms, as they allow people to connect and share ideas. […]
Continue ReadingCompound has implemented two historic community-driven proposals amid the launch of its governance token. Decentralized finance, or DeFi, protocol, Compound, has implemented its first two community-driven governance proposals in the past week. The proposals come ahead of the launch of Compound’s Governance token (COMP) — which will be used to facilitate community-driven protocol upgrades and […]
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