Blockchain.com follows Binance in listing the Russian ruble, while local government considers strict regulations for the industry. Blockchain.com, a major cryptocurrency wallet and blockchain data provider, plans to support Russia’s national currency, the ruble (RUB). Although some big exchanges like Binance have introduced the Russian ruble, there is still no law authorizing circulation of crypto […]
Continue ReadingIn a world without electricity and the Internet, Bitcoin would find alternatives to flourish, argues Andreas Antonopoulos. What if the world was hit with another major disaster, but this time, it included global electrical failure? Would Bitcoin (BTC) survive, would it thrive, what about the banks? — We have the answers. Bitcoin consumes massive amounts […]
Continue ReadingMillions more Americans posted unemployment status last week, but does that mean anything for Bitcoin? More than two million Americans requested unemployment compensation for the first time last week, which may or may not affect Bitcoin. Recording its seventh consecutive week of decline, last week hosted 2.44 million new unemployment claims, CNBC said in a […]
Continue ReadingAlbania passes new comprehensive law written by the Minister of Finance and Economy to regulate crypto activities. Albania’s Parliament signed a bill into law on May 21 plenary session a legal framework for cryptocurrencies. The law, “On Financial Markets Based on the Technology of Distributed Ledgers,” first appeared before the Committee of Economy in October […]
Continue ReadingTraders fear Bitcoin could be entering a new bearish trend after the price dropped below $9,000 earlier today. The price of Bitcoin (BTC) dropped to as low as $8,900 on May 21 following a strong rejection of the $9,800 level. Traders say BTC’s breakdown from the $9,200 support level may lead to a renewed downtrend. […]
Continue ReadingNow that the Bitcoin block reward has been halved, BTC’s hash rate and transaction fees are feeling the impact. Things haven’t quite been the same since the Bitcoin (BTC) halving. A substantial number of miners have pulled the plug on their equipment due to the halved reward. Consequently, transaction fees are now considerably higher, the […]
Continue ReadingTravala.com’s proprietary token joins the list of crypto assets accepted by cryptocurrency payment processor, CoinGate. Travala.com’s proprietary token (AVA) joined the list of crypto assets accepted by cryptocurrency payment processor, CoinGate. According to an exclusive announcement sent to Cointelegraph on May 21, CoinGate has integrated Travala.com’s native AVA token into its payment system — reportedly […]
Continue ReadingBitcoin may provide some of the best solutions to drive a new economy in the post-COVID-19 world. Aren’t we all searching for a safe haven? Whether we mean literal shelter — four walls and a roof over our heads — or something more sophisticated, the craving for a dependable defense against random chaos has always […]
Continue ReadingEven though cross-chain systems are gaining more attention, experts believe it will take some time for this technology to evolve and mature. As per a detailed report released by accounting giant Deloitte at the World Economic Forum on the subject of blockchain interoperability, this fast-evolving technology still has some distance to tread before it can […]
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Bitcoin and Inflation. Indeed you have heard these two terms once or twice before, but do you know what they are? Most people would get what Bitcoin is on the first guess, and that is because the name is half-self-explanatory. Bitcoin is a type of currency exchanged in the digital space. Inflation, on the other […]
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