Promises of unlimited money-printing lead the world’s largest crypto asset manager to sound the alarm to investors, promoting Bitcoin as a solution. Bitcoin (BTC) is now investors’ best bet against central bank money printing, a new report from asset manager Grayscale concludes. In the document, titled “Quantitative Tightening,” the world’s largest digital currency asset manager […]
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Ethereum token issuance will be greatly reduced with Ethereum 2.0 says Vitalik Buterin. 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 […]
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Professor of Criminology Roderic Broadhurst found that some darknet market operators may have scruples after all. Almost half of the darknet sites surveyed by the Australian National University do not offer COVID-19 ‘treatments’ or protective equipment. Researchers found that eight out of 20 markets do not sell any items related to coronavirus with another nine […]
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Bitcoin price corrected 11.36% after setting a multi-month high at $9,400 but bullish investors appear intent on recapturing $9,000. Thursday’s Bitcoin (BTC) price action was relatively uneventful compared to the past 48-hours of activity that the top-rated crypto on CoinMarketCap pulled off on Tuesday and Wednesday. On crypto-Twitter, one will easily find analysts calling for […]
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Accounting firm Grant Thornton will record intercompany transactions for its clients on the EOSIO blockchain, capturing a small slice of an area worth $40 trillion annually. Major U.S. accounting firm Grant Thornton is moving all of its clients’ intercompany transactions to the EOSIO network. Grant Thornton’s new inter.x platform uses blockchain technologies to provide transparency […]
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A judge has given preliminary approval for a $25 million settlement in the Tezos class-action lawsuit. A Californian judge has given preliminary approval for a $25 million settlement proposed by the Tezos Foundation to end a consolidated class-action lawsuit. The lawsuit dates back to shortly after Tezos’ $232 million initial coin offering (ICO) in July […]
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The crypto industry’s attitudes toward tax are maturing, with a recent survey indicating that two-thirds of digital asset users are in favor of cryptocurrency taxation. A recent survey conducted by South Korean wallet provider Childly found that 66% of respondents are in favor of crypto assets being taxed. The poll of more than 5,750 crypto […]
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The XRP Markets Report for Q1 2020 shows the On-Demand Liquidity network is more popular than ever, while Ripple’s XRP sales have hit a new low. Ripple’s On-Demand Liquidity (ODL) payments network tripled in transaction volume over the last quarter according to the just released Q1 2020 XRP Markets Report. The dollar value transacted using […]
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Crypto pioneer Charlie Shrem told Virtual Blockchain Week the combination of the halving and QE will spark a major bull run … but it might take some time. At Virtual Blockchain Week, crypto pioneer Charlie Shrem made a strong bull-case for Bitcoin, saying the combination of diminishing supply due to the halving, and wholesale quantitative […]
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Data shows that $1,000 intraday surges in Bitcoin price often lead to double digit corrections shortly thereafter. This week Bitcoin price pulled off an incredible rally that appears to have exceeded the expectations of many investors. Data from Cointelegraph Markets and CoinMarketCap shows record trading volume across multiple crypto exchanges occurred as Bitcoin rallied to […]
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