DeFi has been the name of the game since the start of the summer, but how much is the sector really growing? The hype surrounding decentralized finance is sometimes credited with triggering a wider market rally in July, as new protocols began releasing tokens that were immediately posting gains of many times their initial value. […]
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The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime. A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for tourists to use. According to ZDNet […]
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Coincheck’s CEO expressed optimism toward the company’s upcoming shareholder meeting app, GMO Coin announced negative leverage trading fees and more headlined news from Japan this past week. This week’s headlines from Japan included Coincheck readying its digital shareholder meeting solution, GMO Coin announcing negative leverage trading fees, Decurret testing transactions with a power company, Japanese […]
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Options interest and volumes reach their all-time highs, with derivatives markets exploding as market sentiments remain bullish on BTC and ETH. The crypto options market has been evolving rapidly over the second quarter of 2020. According to TokenInsight’s recent crypto derivatives industry report, trading volumes are seeing a 166% year-on-year increase compared to Q2 2019. […]
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The price of Bitcoin has successfully tested a new support zone before the weekend but will it be enough to finally push above $12,000? The price of Bitcoin (BTC) is facing its final resistance zone until the bull market is on fire. However, will it break through this resistance zone in one attempt? The charts […]
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As crypto prices continue climbing, Bitcoin’s market cap has almost reach par with Bank of America’s market cap. All the speculative capital invested in Bitcoin (BTC) at the moment totals just a few billion dollars shy of Bank of America’s market valuation. Bitcoin’s current market cap sits just over $217 billion, according to Cointelegraph data […]
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Ransomware attacks are increasingly becoming the norm as the world struggles with the fallout of the coronavirus pandemic. Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts. The most recent […]
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After dropping 4.89% to confirm $11.4K as support, Bitcoin price is slowly making its way back toward $11.8K. Bitcoin (BTC) price swiftly fell to $11,322 after reaching a daily high at $11,909 The drop came as U.S. jobless claims fell to $1.2 million but lawmakers inability to reach a deal on the next coronavirus stimulus […]
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Monero has experienced its biggest single day gain in hashrate since its creation back in 2014. August 6, Monero (XMR) has experienced its biggest increase in hashrate since the network’s creation in 2014. Monero hashrate. Source: Coin Metrics. The Monero hashrate increased from 1.67 GH/s on August 5 to 2.2 GH/s on August 6. That […]
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Bitcoin and altcoins might consolidate or correct marginally for a few days before a possible breakout to the upside. The U.S. Federal Reserve has been contemplating a change in the way it responds to a possible increase in inflation. Previously, the Fed would kickstart tightening if its models forecast a 2% inflation increase. However, this […]
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