News
Find the latest news from the blockchain and different crypto-currencies
Bitcoin Halving- What’s in Store for Us This Time?
12th May 2020; this is the date many crypto investors and miners are talking about. Bitcoin halving has taken take place on that date. Before we talk about the trends, let us see a little more about Bitcoin halving. Satoshi Nakamoto, the creator of Bitcoin, mentioned...
Bitcoin Transaction Fee is Now 50% Cheaper
In the last days, the Bitcoin transaction fee has gone down by around 54%. This has happened due to the slight decrease in the number of backlog transactions waiting to be approved. The average Bitcoin transaction fee shot up by 2000% in 2020, with the backlog levels...
Pump-and-Dump Lawsuit Against Riot Blockchain Dismissed by Judge
One thing that is a source of concern to many crypto investors is being caught up in some sort of scheme or scam, of which the crypto industry has many. These include false investments, shitcoins, and, of course, pump-and-dump schemes. Pump-and-dump schemes involve a...
Crypto is Being Stopped by a Lack of Knowledge, Says Paxful Study
Even though cryptocurrency has been able to secure a place in the financial world, the topic of further and more mainstream adoption is always present within the community. There is debate about how this will be achieved, how soon it will be achieved, and if it is...
Chile Crypto Transactions Soar Amid COVID-19 and Currency Depreciation
Much has been said about the use of cryptocurrency, not just as a possible tool for future economic prosperity but also about its use during times of economic turmoil. It has been suggested that consumers will turn to cryptocurrency to store their wealth and savings...
Mining Company Moving to New York Amid COVID-19
The ongoing COVID-19 outbreak across the world has halted business activities in practically every sector of human life and has forced firms to temporarily suspend activities or close altogether. When initial lockdown measures were being put in place in major cities...
Crypto Twitter Engagement Sees Decline
Cryptocurrency, for most of its history, has been a very niche market that grew from pockets of supporters around the internet into the global phenomenon it is today. One way of tracking the growth of cryptocurrency, like any other phenomenon in the Internet age, is...
Increase in BTC Trading Volume at Silvergate Bank
Silvergate Bank has recorded a 75% increase in Bitcoin trading and transaction volume in the first quarter of 2020. The crypto-friendly bank filed a transcript on its first quarter (Q1) earnings on 29th April with the US SEC (Securities and Exchange Commission). The...
Prediction of a Long-Term Bullish Trend: The Sky is the Limit, Says Ross Ulbricht
Founder of Silk Road, Ross Ulbricht, came out with his latest prediction about Bitcoin’s future. Saying that he has identified a long term bullish trend, Ross says that Bitcoin would stay above $20,000 in the future. Ulbricht is currently an inmate of United States...
Venezuela to use synthetic dollars to fight international restrictions
Valiu, a Colombian-based startup that deals with cross-border remittances, has recently launched synthetic US dollars backed by Bitcoin to fight against inflation. Venezuela is a country that suffers from constant hyperinflation. Transactions with the country are...
Time Has Come to Buy Bitcoin, says Josh Olszewicz
Josh Olszewicz, an analyst at Brave New Coin, has said that the market is showing the signs of buy opportunity for Bitcoin. The entire world fighting is the COIVD-19 pandemic and staying indoors. But that doesn’t mean things have come to a halt in the market. The...
Time For Bitcoin to Prove Its Potential, says BitMEX
The second-largest crypto trading exchange, BitMEX published an analysis report of how the Covid-19 pandemic causing the world’s financial markets to tumble at an alarming rate. The report mentioned how this the time of challenges and opportunities for Bitcoin to show...
Bitcoin Transaction Batching Launched by Coinbase – Users Save 50% Fee
Coinbase, the well-known crypto firm, has launched a new feature on its platform to help users save more when using the platform. This new feature cuts down the transaction cost by 50%. Recently, Coinbase released a blog post in which it talked about the new feature...
Bitcoin Options Surging Ahead- Touches Highest Record Ever
BTC (Bitcoin) options touched the all-time high record for trading volume on 9th March. Contracts worth almost $200 million were traded on a single day, breaking the previous records set by the cryptocurrency. The traders were neither tentative nor doubtful even as...
Boeing and Blockchain- A New Step to Track Aerospace Parts
At the recent Hyperledger Global Forum 2020 in Arizona, the news about the partnership between Boeing and Honeywell, a multinational aerospace conglomerate was announced. The general manager of Honeywell, Lisa Butters, mentioned that airplane parts were added to the...