The Quantum Economics founder says there was only ever a ‘loose correlation’ between crypto markets and the S&P 500 during the pandemic. Crypto analyst Mati Greenspan says the correlation between crypto assets and the S&P 500 has fallen significantly since the dramatic sell-offs in tandem early in the pandemic. In the Aug. 5 Quantum Economics […]
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Global payment processors Mastercard and Visa are laying the foundations for crypto support that may drive adoption on a global scale. Leading global payment companies Mastercard and Visa have been making moves to accelerate the support of cryptocurrency payment processors by opening up new options for users around the world. Both companies made strong statements […]
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Digital payment platforms add more cryptocurrency features for U.S. customers, but will big banks take the lead? The cryptocurrency market has come a long way in a seemingly short amount of time. Digital payment platforms have particularly taken note of the crypto market’s impressive growth, which is evident, as many have adopted new features and […]
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Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity. The Prime Minister of India, Narendra Modi, has endorsed blockchain as an ‘opportunity in frontier technology’, renewing hopes that the country is warming to cryptocurrencies. In a keynote address at the India Ideas Summit, hosted by the US-India Business Council on Wednesday, […]
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A new digital currency called CloudCoin sets out to address some of the main issues with the current batch of cryptocurrencies by removing the blockchain technology. CloudCoin announced the launch of its cloud-based digital currency July 15. With no blockchain, public ledger, accounts or encryption, CloudCoin claims it is the most private digital currency ever […]
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Fresh investments into mining equipment by smaller companies signals an optimistic outlook for the future of Bitcoin. Recent investments into cryptocurrency mining equipment by smaller players could be a positive signal for the longevity and value of Bitcoin (BTC). In late June, United States-based blockchain firm Core Scientific ordered over 17,000 of the latest Bitcoin […]
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Bitcoin hit new heights on a variety of metrics today, despite some characterising the cryptocurrency as ‘boring’. After weeks of uninspired price action, Bitcoin hit new yearly records today on a variety of metrics: new addresses, active addresses, hourly transaction count and hourly spent outputs. Glassnode CTO Rafael Schultze-Kraft posted on twitter listing the achievements: […]
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The “Mona Lisa of the 21st century” will come of age as Trump competes with Maduro and Ayatollah Khomeini for Bitcoin hash rate, Keiser says. Bitcoin (BTC) will hit $500,000 because the United States will start a giant hash war with Iran and Venezuela — and it’s already started. In the latest episode of his […]
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Scientists in China managed to exchange a crypto key at a distance of over 1,000 kilometers, could this lead to hackerproof cryptography? Scientists in China were able to exchange an encryption key at a distance of 1,120 kilometers, this exceeds the previous best attempt by 1,000 kilometers. Crypto experts discuss whether this could have practical […]
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The DeFi sector is seeing rapid growth in use and volume. Some appear concerned about a bursting bubble, but could it be natural growth? Decentralized finance is all about cutting out traditional financial intermediaries such as banks. Through the use of blockchain technology, DeFi platforms allow individuals to generate money against their own assets, becoming […]
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