Post-halving scenario on Bitcoin’s long-term market trust and reputation seems quite positive according to crypto pundits. With Bitcoin’s (BTC) fourth halving just four days away, members of the global crypto community are eager to see how the event pans out monetarily for the flagship crypto asset. Historically speaking, the halving has almost always had a […]
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The world will not be the same after the COVID-19 pandemic with the necessity for the brand new global monetary system based on crypto. The global economic crisis caused by the coronavirus panic is so severe that the world’s most powerful central bank, the United States Federal Reserve, announced “QE infinity.” Bank of America Securities […]
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A report from Flipside Crypto delves into why XRP trading drops significantly on weekends. A new report by blockchain intelligence firm Flipside Crypto indicates that trading activity for XRP slows down considerably on the weekends. The question is, why? In the report called “4 Things To Know About XRP Money Flows”, the company analyzes the […]
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A founding member of the Celo Alliance for Prosperity has added the Celo protocol to their platform. Bison Trails has announced support for the Celo open network, which enables smartphone users to send crypto directly to a phone number instead of a blockchain address. The added support means that users will be able to transfer […]
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Serial entrepreneur Jenny Ta has launched a crypto-powered social media network and marketplace platform that promises it won’t sell users’ data. CoinLinked, a social media network and marketplace platform founded by Wall Street veteran Jenny Q. Ta, launched on May 7. The platform will feature a utility token that rewards users for activity on the […]
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Binance CEO Changpeng Zhao and Ethereum co-founder Charles Hoskinson have taken gold bug Peter Schiff to task for his professionalized Bitcoin criticism. Binance CEO Changpeng Zhao and Ethereum co-founder Charles Hoskinson have taken gold bug Peter Schiff to task for his professionalized Bitcoin (BTC) naysaying. On May 6, Zhao, better known in the industry as […]
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U.S. and Israel-based firms were charged for promoting fake investment schemes and defrauding customers of $15 million. The Commodity and Futures Exchange Commission (CFTC) has charged executives of American and Israeli firms for an alleged $15 million scam involving cryptocurrencies and binary options. Court documents filed on May 5 mention two major scams, the first […]
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Open interest has surged to a $400 million high this month, while institutional traders are increasing their exposure, not trading Bitcoin. Bitcoin (BTC) institutional investors are banking on a bull run as the latest data shows new records for the top cryptocurrency’s futures markets. As noted by institution-focused crypto analysis company Arcane Research on May […]
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Crypto analysts AlfaBlock claim that the MakerDAO protocol will need to host several trillion Dai by 2040 to maintain its current market capitalization. Crypto analysts AlfaBlok has published a report that claims the number of circulating Dai will need to increase by more than 70% each year in order for MakerDAO (MKR) to maintain its […]
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The crypto-friendly bank saw an increase in the number digital currency customers and Bitcoin trading volume in the first quarter of 2020. Bitcoin trading and transaction volumes surged at the pro-crypto Silvergate Bank in the first quarter of 2020. According to an April 29 transcript filed with the U.S. Securities and Exchange Commission (SEC) on […]
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