Overstock’s blockchain arm tZERO aims to launch a broker dealer service in the United States by the second quarter of 2020. Overstock’s blockchain arm tZERO aims to launch its broker dealer service in the United States by Q2 2020. According to an April 30 Forbes article, tZERO Chief Executive Officer (CEO) Saum Noursalehi said he […]
Continue ReadingDoes Binance’s venture into mining threaten the integrity of blockchain systems? This week marked the launch of Binance Pool, a mining platform powered by one of the world’s largest cryptocurrency exchanges. Coming less than a month after Binance’s CEO Changpeng Zhao confirmed rumors of this forthcoming addition to his brainchild company’s product family, the announcement […]
Continue ReadingBitcoin just flashed a TD9 sell signal on the daily timeframe and a confluence of factors are likely to lead to a post-halving sell-off. The Bitcoin (BTC) price rose to as high as $9,065 on May 1, after peaking at $9,481 the previous day. The 35% increase in the price of BTC within nine days […]
Continue ReadingNo central bank is currently working on a CBDC that can be used by consumers, according to blockchain firm R3. No central bank is currently working on a Central Bank Digital Currency, or CBDC, that can be used by consumers, according to enterprise blockchain firm, R3. A recent report by R3 claims that no central […]
Continue ReadingLeading crypto traders lay out both bearish and bullish scenarios for Bitcoin as the halving approaches. The price of Bitcoin (BTC) increased from $7,700 to $9,500 in merely 48 hours from Wednesday to Thursday, rising by more than 22%. The market has cooled down since, with the dominant cryptocurrency dropping back below $9,000. All key […]
Continue ReadingOne analyst suggests staking may trigger a bull run for ETH, but how likely is ETH 2.0 to generate this amount of demand? Ethereum 2.0 has dragged its feet. But when it does finally ship, it could provide the “largest economic shift in society” — or so it’s believed. The launch of ETH 2.0 is […]
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Traditional finances could be dramatically changed in the near future, and central bank-issued digital currency is the first step. Once a niche enthusiasm with the launch of Bitcoin (BTC), digital money powered by blockchain technology has matured rapidly in just a few short years. The market is now highly diverse. For example, audited stablecoins, along […]
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As the global economy trembles, investors continue to find sanctuary in stablecoins, which have increased their market cap dramatically. As the global economy trembles, investors continue to find sanctuary in stablecoins. In the most recent 12-month period (ending April 29, 2020), the three top stablecoins — Tether (USDT), Circle (USDC) and Paxos (PAX) — increased […]
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An ultimate financial game-changer: Blockchain technology has dramatically changed the traditional finance industry, and there is more to come. A few years ago, blockchain technology gained significant traction and was regarded as a truly revolutionary tool for any industry, providing opportunities to significantly update the way of doing business in many areas. As a result, […]
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Bitcoin price has soared from $7,700 to $9,500 in 24 hours, mainly driven by three key factors that triggered the short-term rally. The Bitcoin (BTC) price increased from $7,700 to $9,500 overnight, increasing by 23%, according to Coinmarketcap, in less than 24 hours. The three main factors that catalyzed Bitcoin’s recent rally are record-high spot […]
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