Tag Archives: blockchain

Billionaire Looks for “the Next-best Currency”, Gives Bitcoin Hope

Billionaire Looks for “the Next-best Currency”, Gives Bitcoin Hope

Ray Dalio, American billionaire investor, Co-Chief Investment Officer and Co-Chairman of Bridgewater Associates, a global investment firm, published a report, where he criticizes the current fiat money system but does not mention Bitcoin. This made a number of people ask as to why that is. However, his earlier comments show that Dalio did not write off cryptocurrency completely. […]

Grin Network Executes First Hard Fork in Bid to Decentralize Mining Power

Grin Network Executes First Hard Fork in Bid to Decentralize Mining Power

Privacy-oriented cryptocurrency Grin has just executed its first backward-incompatible upgrade, also called a hard fork. Today’s planned upgrade introduces key changes to the nearly $60-million network that will optimize for maximum miner decentralization and usability. Grin launched in January 2019. “It was planned since way before Grin launched,” Grin developer John Tromp told CoinDesk. “We would do four hard […]

Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk. Bitcoin was barely mentioned during the two-hour session and most of the lawmakers seemed far less concerned with the technology than with who was planning to leverage it: Facebook. Sen. Brian Schatz (D-Hawaii) put it perhaps the […]

WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?

WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?

The year 2019 has been slow for most digital currencies. At the beginning of the year, Bitcoin, Ethereum, Litecoin and Ripple (XRP) maintained the same low price points as the end of the previous year. This was largely owing to a long-running market correction following the post-2017 crypto boom. However, things seemed to pick up in the past few […]

EOS Digest #2 – Strategic Vision, Thoughts On Governance, And Promising Projects

EOS Digest #2 – Strategic Vision, Thoughts On Governance, And Promising Projects

EOS and Block.one made major announcements in June, celebrated one year from the mainnet launch, defended a bunch of controversies – you can get a quick recap in our previous digest. This month hasn’t brought in many catchy headlines yet, but this makes it a good moment to assess overall prospects — from minor partnership announcements […]

Bitcoin Price Surge Might Partially Be Attributed to Potentially Lower U.S. Interest Rates

Bitcoin Price Surge Might Partially Be Attributed to Potentially Lower U.S. Interest Rates

On June 19, 2019, the Federal Reserve, the central banking system of the U.S., confirmed that it would be maintaining the current benchmark for U.S. interest rates – which falls within the 2.25-2.5% range. According to crypto research analysts, the Fed’s recent decision regarding the U.S. monetary policy may have indirectly affected the Bitcoin (BTC) price. As Bitcoinist reported, financial analysts […]

A Monumental Fight Over Facebook’s Cryptocurrency Is Coming

A Monumental Fight Over Facebook’s Cryptocurrency Is Coming

Given how slowly Washington lawmakers have taken to devise a coherent, informed view of cryptocurrency, the Chair of the House Financial Services Committee’s rapid leap to action last week over Facebook’s ambitious Libra project was remarkably fast. But let’s reflect not on the details of Rep. Maxine Waters’ (D-Calif.) urgent requests that  Facebook to cease work […]

EVERYTHING YOU NEED TO KNOW ABOUT FACEBOOK CRYPTOCURRENCY

EVERYTHING YOU NEED TO KNOW ABOUT FACEBOOK CRYPTOCURRENCY

Fifteen years ago when Mark Zuckerberg and Eduardo Saverin created what would become Facebook, it would have been difficult to picture just how powerful that project would eventually become. When Facebook opened its doors to the public in 2006 and began its journey in the shadows of social networks like Hi5 and MySpace, there wasn’t the slightest […]