Reddit’s co-founder believes the crypto markets have entered Spring, highlighting robust development in the space. Reddit co-founder Alexis Ohanian has described the virtual currency ecosystem firmly sitting in “crypto spring,” emphasizing the strength of development surrounding meaningful applications for blockchain technology. In an interview with Yahoo Finance published May 23, Ohanian stated: “We really do […]
Continue ReadingTyler Winklevoss believes that stablecoins will not truly emerge until Wall Street embraces the DeFi sector. Investor, early crypto adopter, and CEO of Gemini exchange, Tyler Winklevoss, predicted that competition between stablecoins will really begin once Wall Street moves into decentralized finance, or DeFi, during a recent interview with The Defiant’s Camila Russo. However, despite […]
Continue ReadingBitcoin is not yet a go-to investment option in the public eye, but those days could be coming. What needs to happen for Bitcoin (BTC) to cement its role in the public eye as a valid investment option? “Time,” Aleks Svetski, CEO and co-founder of Bitcoin investment platform Amber, told Cointelegraph in an email. “This is […]
Continue ReadingMiners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service companies bring institutional-grade products and capital that increases liquidity for the biggest operators. There’s […]
Continue ReadingCheck out this week’s Bad Crypto News. It’s been a good week for Bitcoin. The halving doesn’t seem to have done the top cryptocurrency any harm at all, with the dollar value up more than 8 percent over the previous week. Ethereum is up more than 10 percent which just shows that the opportunity for […]
Continue ReadingThe crypto space gained another mainstream performer recently as Coldplay’s bass player has funded a Bitcoin app. Scottish Coldplay bass artist, Guy Berryman, has joined the crypto space, funding a Bitcoin (BTC) exchange application called Zumo. “Covid-19 has fast forwarded the move to a cashless society and for safe and easy ways to invest in […]
Continue ReadingA study into the traceability of top privacy coins reveals over 99% of Zcash users fail to utilize the protocol’s privacy features. Researchers from Carnegie Mellon University have released a study into the privacy features of Monero (XMR) and Zcash (ZEC) — arguably the two most-popular crypto assets purporting to offer users anonymity. The report […]
Continue ReadingBitpoint exchange briefed fiscal year losses, Binance donated masks to Japanese nursing homes, and more headlined news from Japan this past week. This week’s headlines from Japan included BitBank exchange adding three trading pairs, Bitpoint exchange posting decreased fiscal year totals, Bitpoint adding information on its 2019 hack, and Binance donating masks to Japanese nursing […]
Continue ReadingBitcoin price looks shaky after dropping below $9.3K support but still remains in a general uptrend since March even if another pullback occurs. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been […]
Continue ReadingWhile Binance will support the Steem hard fork to freeze $6M in user funds, CZ offered support to additional forks. Changpeng Zhao, or CZ, the chief executive of top crypto exchange Binance, has issued a statement regarding the recent Steem hard fork that sought to freeze 23.6 million STEEM tokens associated with 64 wallet addresses. […]
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