Learn How Trade Crypto
The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains. Bitcoin (BTC), the largest cryptocurrency, was down for a second straight day, pushing toward the lower end of the range between $34,000 and $40,000 where prices have traded for the past couple weeks. Ether (ETH), the second-biggest […]
Ukraine’s government has chosen the Stellar blockchain network as a platform to build a central bank digital currency (CBDC). Announced Monday, the Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) signed a Memorandum of Understanding to build out a “virtual assets ecosystem and national digital currency of Ukraine.” The National Bank […]
Mike Novogratz suggested that bitcoin is gripped by the “network effect.” There might be evidence of that. Novogratz of Galaxy Digital fame, who is also a noted crypto evangelist, recently said on Twitter that the “network effect” might have caught up with bitcoin. He assigned a target of $65,000 for the cryptocurrency. Here’s a look […]
This week was wild for Bitcoin. Starting at around $13,500, the cryptocurrency went on to shatter the high set back in 2019 and surge to as much as $16,000 just today. It’s interesting to note that this happens despite the fact that retail investors are yet nowhere to be found, according to data. It appears […]
Major commentators in the crypto space reminded that the U.S. election would have already been done and dusted if the country had used blockchain technology to count votes. Blockchain Voting: Quick and Secure Elections Binance CEO Changpeng Zhao pointed out that the election results would not only be tamper-proof but nearly instantaneous as well. Ethereum co-founder Vitalik […]
During a recent interview at the (virtual) four-day DC Fintech Week 2020 conference (October 19-22, 2020), Brad Garlinghouse, the CEO of FinTech firm Ripple talked about Bitcoin, XRP, and how the current regulatory climate in the U.S. affects cryptoassets. The interview with the Ripple CEO was on day one of the conference. (In the video below, the segment featuring […]
Curv, a provider of cryptocurrency custody infrastructure, has been backed in an extended Series A funding round by investment firm Franklin Templeton and fintech-focused VC firm Illuminate Financial Management. The two new investors join companies such as CommerzVentures, Coinbase Ventures, CoinDesk parent firm Digital Currency Group, Team8 and Digital Garage in the round, Curv announced […]
Cryptocurrency is a term that has been used to describe assets such as bitcoin for over 10 years now but some people within the industry are sceptical on whether the “Currency” term is appropriate. Instead, some people call these digital assets a “store of value”. Cryptocurrency is a term that has been used to describe […]
The cryptocurrency litecoin is often referred to as the silver to bitcoin’s gold. This year, litecoin investors might have been better off staying in the analog world: While bitcoin has gained twice as much as gold, litecoin has barely kept up with silver. Some investors now foresee a rally developing in litecoin prices, with a key upgrade […]
Publicly traded business intelligence firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency. Disclosing its bitcoin buy alongside an equivalent stock buyback in a Tuesday Securities and Exchange Commission filing, MicroStrategy, a Nasdaq-listed software firm worth over $1.2 billion, said the cryptocurrency provided a “reasonable […]