Recent studies have shown the Lightning Network is struggling, but are these teething problems or longer-term issues? For a currency to be considered useful as money, it has to serve three fundamental purposes. It should function as a medium of exchange, as a store of value and as a unit of account. The fact that […]
Continue Reading
Bitcoin price has plunged along with traditional markets while gold is weathering the coronavirus panic better than most assets. A bloody Monday for the equity and oil markets, as Europe stock markets are dropping by 8%, while oil has seen a drop of 30%. But it’s not only equity markets as the crypto market is […]
Continue Reading
Cointelegraph spoke to CryptoKitties co-creator Dieter Shirley to get his thoughts on breaking Ethereum, non-fungible tokens, and the Flow blockchain. On March 5, Dapper Labs, the team behind the popular blockchain game CryptoKitties, launched ‘Flow Playground’ — an interactive platform allowing developers to experiment with creating non-fungible tokens (NFTs) and smart contracts on the company’s […]
Continue Reading
Top jurisdictions that have outlawed Bitcoin and cryptocurrencies are now starting to rethink their stance. As time progresses, the revolution of peer-to-peer digital currencies picks up speed. Now, countries like India and Iran, which previously had a harsh legal stance on cryptocurrencies, are warming up to the idea of adopting them. In India, for instance, […]
Continue Reading
Check the bad crypto news of the past week. So, how high is Bitcoin about to go? Analyst Willy Woo thinks it’s going to hit $135,000. It’s a “common-sense prediction” he told RT’s Keiser Report. Tim Draper is betting even higher. The venture capitalist has moved his money out of the stock market (too “frothy”) […]
Continue Reading
Coronavirus anxiety continues to overshadow second day of London Blockchain Week. The second day of Fintech Worldwide’s Blockchain Summit kicked off to unusually glorious sunshine. But you’d be hard pressed to notice that in the venue because there was no natural light filtering through to the handful of attendees that braved the ongoing coronavirus scare. […]
Continue Reading
Mayhem on forex markets joins the stocks purge which returned for a second round this week, erasing previous recovery signals while Bitcoin price gained. Bitcoin (BTC) continued beating out any competition on March 7, turning $9,000 into solid support while coronavirus ravaged stocks and forex alike. Cryptocurrency market daily overview. Source: Coin360 BTC price makes […]
Continue Reading
A New York power plant turns to Bitcoin mining in a bid to increase its profitability, adding $50,000 to daily revenues. A New York power plant turns to Bitcoin mining in a successful bid to increase profitability. Bloomberg reported on Mar. 5 that a power plant in New York’s Finger Lakes region now mines about […]
Continue Reading
The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The […]
Continue Reading
A Duke University professor believes crypto has not acted as safe haven amid the challenges to the global economy. Cryptocurrencies have not been used as a safe haven amid challenges the global economy has faced at the beginning of the year, one expert says. The world has already seen a slew of market-shaking events this […]
Continue Reading