Cryptocurrency-collateralized synthetic currency models can have enormous implications in the traditional finance industry. Why are crypto synthetic assets a big deal? Cryptocurrency-collateralized synthetic currency models powered by smart contracts can have enormous implications in the traditional finance industry. In their essence, these models offer cryptocurrency holders the leverage to trade traditional assets as well as […]
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The CBDC race has long been on, and some countries might finish sooner rather than later. The race for central-bank digital currencies has been on for some time now, and since the development of the digital yuan may have been postponed due to the coronavirus pandemic, other countries could beat China to the punch. Almost […]
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Two Canadian nationals will spend 24 months in a U.S. federal prison for stealing 23.2 Bitcoins in a scam executed on Twitter. Two Canadian nationals have been sentenced to two years in a United States federal prison for stealing 23.2 Bitcoin (BTC) through a scam on Twitter in 2017. According to the U.S. Department of […]
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In an update for traders, Vays says he believes that Bitcoin will not go below $2,000 during this bearish phase. Bitcoin (BTC) trading at $2,800 isn’t scary as long as it happens before May’s block reward halving, Tone Vays believes. In the latest edition of his Trading Bitcoin YouTube series on March 18, the celebrated […]
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A U.S. judge has ruled that Craig Wright — the self-proclaimed “Satoshi Nakamoto” — must only repay 20% of the fees and expenses requested by Ira Kleiman. United States Magistrate Judge Bruce Reinhart has ruled that the self-proclaimed Satoshi Nakamoto, Craig Wright, must pay only 20% of the legal fees requested by the estate of […]
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Those in the game for five years or more are adding to their positions, while frantic trading involves much younger wallets, says Unchained Capital. Recent volatility in the price of Bitcoin (BTC) “did not come” from those holding coins for several years or longer, research claims. In findings published on March 17, Unchained Capital revealed […]
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India’s Minister of Corporate Affairs has revealed that only two cryptocurrency companies have apparently registered with the ministry. A filing submitted in the lower house of India’s parliament — the Lok Sabha — has revealed an investigation into fraudulent practices by so-called “bit coin companies” operating in the country. An official question was submitted by […]
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CEO Zac Prince cites the recent crypto crash as one reason the firm will be changing their interest rates on Bitcoin and Ether. Clients of one crypto lending company may soon notice some changes in response to the recent drops in the market. Starting on April 1, BlockFi will be raising the interest account rates […]
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Bitcoin price attacks $5,500 as President Trump announces support for a $1 trillion COVID-19 economic stimulus package. Bitcoin’s recovery from last week’s catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost […]
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Bitcoin and Ether still offer better returns than other risk assets during crypto market uptrends and both remain positively correlated with gold in bull and bear markets. Bitcoin (BTC) price is slowly recovering, reaching $5,500, after last week’s Black Monday style market meltdown which led to Bitcoin price pulling back sharply as traditional markets suffered […]
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