Over the past five-odd years, China has been hard at work on a cryptocurrency project. Though, little is known about this extremely secretive venture, which was only recently properly revealed to the public. It should come as no surprise, then, that the project has been widely speculated on, as the..
China’s cryptocurrency and blockchain appreciation continue as Xinhua, another state-run media organization publishes a full article about bitcoin. Some commentators opine that the flurry of positive digital currency sentiments in the country is part of Beijing’s efforts to normalize the industry be..
Blockchain has a lot of potential. The first decade of decentralized token platforms has been successful by any measure. Solana is working to create solutions that will allow decentralized blockchains to become a global system that can replace existing major data systems. Solana has some innovative..
Back in the spring, Coinbase rolled out Tezos staking support on its institutional investor arm, Coinbase Custody. The Tezos ecosystem went abuzz again this week after the U.S. cryptocurrency exchange giant just expanded XTZ staking rewards support to the vast majority of American users on its main..
Over the past few days, Crypto Twitter has been awash with a discussion about one subject: a paper from two American academics that asserted that Bitcoin’s historic rally in 2017 from $1,000 to $20,000 was predicated on manipulation. The paper, for some reason or another, gained much traction in th..
One of the most common critiques of Bitcoin is that the cryptocurrency is unusable as a currency. While this isn’t a popular sentiment to float online, this argument recently gained traction with David Marcus, Facebook’s blockchain lead, revealing that he isn’t a fan of Bitcoin as a currency.Bitc..
MakerDAO’s Dai stablecoin has become a darling in the Ethereum decentralized finance ecosystem. And in short order, demand for the dollar-pegged cryptocurrency is growing. That’s because the Dai stablecoin’s artificial debt ceiling of $100 million USD was reached for the first time this week, a DeF..
It appears Bitcoin is a demographic megatrend in Canada according to the details of a recently published study by the country’s central bank. The survey is reportedly part of the Bank of Canada’s plan to examine the risks posed by virtual currencies on the country’s current financial system. Meanwh..
Bitcoin price remained confined in a broad range above the $9,000 support area. BTC/USD seems to be facing a lot of hurdles on the upside above $9,500. The next crucial move depends whether the bulls succeed in surpassing the $9,500 and $9,680 resistances. In the past few days, there were decent ga..
Earlier this year, Blockonomi reported that an array of data indicated Bitcoin’s rally from $3,150 to $14,000 was a move catalyzed by institutions. Case in point, cryptocurrency analytics firm TokenAnalyst found that the number of unique addresses sending Bitcoin to Bitfinex hit a two-year low, imp..