CoinMetrics recently released the 25th issue of its weekly State of the Network series, a report that analyzes network data to produce insights into the cryptocurrency space. The report stated that while XRP’s daily average transaction value surged past ETH last week, XRP and BCH’s transfer values dropped significantly this time around. The report alsoContinue reading “Litecoin’s hashrate, difficulty close to early-2018 lows”

CoinShares recently published its Crypto Trends Report, a report which analyzed the cryptocurrency industry, drew conclusions and made predictions for the future of Bitcoin and blockchain. In the report, CoinShares stated that Bitcoin can be viewed from the perspective of both religion and science, and that in order for cryptocurrencies to become more widely accepted,Continue reading “Bitcoin’s trend will imitate tech stocks post-2000 crash: Report”

In a recent interview, CEO of crypto-derivatives exchange, Bybit, Ben Zhou, was asked about the challenges of running an exchange, Bybit’s present processes and its plans for the future. Bybit was launched in March 2018 and it has since become one of the most popular exchanges for cryptocurrency derivatives trading. According to Zhou, it tookContinue reading “Liquidity the biggest hurdle to new product releases: Bybit’s Zhou”

Recently, ConsenSys published the Singapore Blockchain Ecosystem 2019 report, a report which addressed the nation’s blockchain landscape.  The report was co-authored by Temasek, Monetary Authority of Singapore, and Infocomm Media Development Authority. It stated that Singapore’s blockchain market spending has the potential to reach $1.9 – $2.6 billion by 2030, and that blockchain has theContinue reading “Blockchain must offer significant improvements over existing systems: Report”

The Ethereum network has seen ETH drop in value quite frequently over the last few months. However, the cryptocurrency seems to be attempting to regain past losses, and was valued at around $184, at press time. According to CoinMarketCap, it had a market capitalization of nearly $20.3 billion, and a daily trading volume of almostContinue reading “Ethereum could breach symmetrical triangle to climb to $197 soon”

In a recently published report, researchers from Adamant Capital have compared the modern-day Bitcoin economy to that of Europe between the 16th and 17th centuries. Titled ‘The Bitcoin Reformation,’ the report draws fascinating parallels between the two economies separated by time, as well as the behavioral tendencies of investors and market sentiments. “In the BitcoinContinue reading “Bitfinex, Binance’s digital assets similar to Dutch revolt-era annuities: Report”

Litecoin has seen an almost 22% rise in value since this time last year, which is admirable for a digital asset. However, LTC has been moving down for the past few months now, priced at $61.7 at the time of writing. LTC has a market cap of around $3.9 billion and a daily trading volumeContinue reading “Litecoin likely to continue down channel; under $50 by January”

Recently, Binance.US’s CEO, Catherine Coley, appeared on Anthony Pompliano’s Off the Chain podcast to discuss her understanding of cryptocurrency markets, and how it came mostly from her experience in FX markets. She said, “I give such credit to people that come into Bitcoin without having any foreign exchange experience. The ability to know the etiquetteContinue reading “Binance.US CEO: Financial literacy crucial to ramping up derivatives market efforts”

Litecoin has lately been making quite an effort to push back to its glory days. Recording a 20% rise in price in just over two weeks, LTC had a value of around $60, at the time of writing. According to CoinMarketCap, Litecoin had a market cap of almost $3.9 billion and a daily trading volumeContinue reading “Litecoin likely to breakout from pennant to $67 by next weekend”

At the recent Ripple Swell conference in Singapore, CEO Brad Garlinghouse spoke to the CEO of MoneyGram, Alex Holmes, with the latter revealing that almost 10% of the volume that normally flows into Mexico is being pushed through Ripple’s On-Demand Liquidity platform. He also mentioned that MoneyGram had opened up four new corridors which the firmContinue reading “RippleNet transactions’ pairing with ODL will be magic: MoneyGram CEO”

British multinational bank, Standard Chartered, has announced that it would be joining the Enterprise Ethereum Alliance (EEA), a multinational technology consortium. The EEA’s charter states that its intent is to develop open blockchain frameworks to push interoperability between businesses and consumers. Standard Chartered’s press release put forth the bank’s plans to collaborate with leaders inContinue reading “Standard Chartered joins Enterprise Ethereum Alliance to ‘deepen blockchain research’”

Recently, CTO and Co-founder of CoinField and Sologenic, Reza Bashash, appeared in an interview conducted by On The Chain podcast hosts, Jeff and Chip. During the interview, Bashash talked about his experience running the CoinField exchange and their future plans for Sologenic, a platform that aims to merge traditional financial markets with cryptocurrency markets onContinue reading “You can build on XRP Ledger… general public is unaware: CoinField CTO”