Colombian startup Valiu has launched its ‘cryptodollar’ — Bitcoin-backed synthetic USD that Venezuelans can use for payments and remittances. Colombian-based cross-border remittance start-up Valiu has launched Bitcoin-backed synthetic U.S. dollars as a means for Venezuelans to access stable assets and bypass the hyperinflation plaguing their national economy. It’s still in Alpha, but Valiu has partnered […]
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Bitcoin price finally set a higher high, leading traders focus on $8,000 as the next hurdle to overcome. After trading in the $6,900 to $7,250 range for more than 19 days, Bitcoin (BTC) price finally managed to pierce the $7,250 resistance in a high volume surge which resulted in the liquidation of nearly $70 million […]
Continue ReadingSpeakers from Ternio, Monarch, and Utrust weighed in on the future of the industry & the impact of COVID-19. The current pandemic is far from over and the economic, political, and social ramifications of this crisis remain unclear. Indeed, the nature of the workplace people return to might well be radically different to what previously […]
Continue ReadingAfter several months of halving chatter and anticipation, does Bitcoin’s price already reflect the event? Block halvings only occur every four years. Bitcoin’s third halving is set to take place in May 2020, but is the event already priced in? Twitter personality, The Crypto Dog, recently asked the community to weigh in. “Do you think […]
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Bakkt’s new CEO steps down, leaving the Vice President of mergers and acquisitions to take over. Mike Blandina, former PayPal and Google veteran, is stepping down from his role as the CEO of digital assets company, Bakkt, after only 4 months on the job. Intercontinental Exchange, or ICE, the parent company of Bakkt, has indicated […]
Continue ReadingAs Grayscale reveals it holds 1.7% of all Bitcoin in circulation, institutional investors seem to be gaining more confidence in Bitcoin. A recent report by Grayscale, a cryptocurrency venture capital company, revealed the firm now holds roughly 1.7% of all of Bitcoin’s supply in its Bitcoin Trust (GBTC). Having seen the biggest quarter yet, Grayscale’s […]
Continue ReadingXRP price has rebounded since the March crash and looks to tackle key resistance in an attempt to reclaim the $0.30 level. Recently, altcoins have been showing strength as Bitcoin (BTC) has just broken a key resistance level. Notably, ChainLink (LINK) and Tezos (XTZ) have been moving up more than 150% in the past month. […]
Continue ReadingWhy hasn’t the Ethereum blockchain found the perfect solution for its scalability problem since 2014, and does one really exist? The Ethereum team has been trying to solve the blockchain scalability problem since 2014. During that time, solutions such as Raiden, Plasma, zk-SNARKs, sharding and rollups appeared in the developers’ tool kit. However, the implementation […]
Continue ReadingThe upcoming Bitcoin halving may result in greater demand and higher prices, but what are the challenges for the 2020 halving? Sometimes less is more. That’s a tenet of modern design, but it’s also a central belief of many in the decentralized cryptocurrency community. Throughout the Bitcoin (BTC) world — in Twitter threads, on crypto […]
Continue ReadingA sudden flashpoint ignites for Bitcoin markets, propelling the cryptocurrency beyond $7,200 to top out closer to $7,800. Bitcoin (BTC) surged above key resistance levels on April 23 as bulls gained control and propelled markets 10% higher. Cryptocurrency market daily overview. Source: Coin360 BTC price jumps $700 in hours Data from Coin360 and Cointelegraph Markets […]
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