Bitcoin is approaching an inflection point, believes Mark Yusko. People across the globe have different perspectives with regard to cryptocurrencies. Some believe digital assets abet criminal activities, while others view it as a financial and technological revolution. Morgan Creek Digital’s Founder and CEO, Mark Yusko, is one of the latter. In a recent interview, YuskoContinue reading “Bitcoin, other cryptos can reverse economic inequality in the U.S: Mark Yusko”

Stablecoins seem to have garnered a lot of attention recently from many in the mainstream media after Facebook launched its own crypto-project, Libra. In fact, regulators are among those who are most interested in the future of Libra and by extension, stablecoins. This interest was reflected by the latest statement from the International Organization ofContinue reading “Stablecoins like Facebook’s Libra can include features typical of regulated securities”

One of the world’s leading cryptocurrency exchanges, Huobi Global has announced that it would be freezing the accounts of customers from the United States. As per the official blog post released by the exchange, Huobi Global would be freezing the accounts of U.S users from 13 November 2019. While highlighting that the platform serves overContinue reading “Huobi Global to freeze American user accounts; Huobi U.S opens registrations”

Tron Foundation’s latest collaboration with Samsung seems to have given a boost to the platform. The Foundation’s latest weekly report elaborated on several developments in its ecosystem throughout the week. Tron Foundation shared the report on Twitter, with the Foundation’s tweet reading, As per the report, the block height of Tron surpassed 14.06 million, whereasContinue reading “Tron loses DApp dominance as it welcomes six new DApps into its network”

With a surge in the popularity of cryptocurrencies, regulatory authorities from across the globe have been renewing their laws pertaining to cryptocurrencies. The United Kingdom is the latest to do so after the country’s Her Majesty’s Revenue and Customs [HMRC] recently updated a document detailing the process of taxing cryptocurrency transactions. The United Kingdom’s taxContinue reading “UK’s new crypto-tax guidance refuses to recognize Bitcoin as money”

Ethereum, the second-largest cryptocurrency by market cap, seems to be headed towards recovery from the slump it witnessed last week. At press time, similar to other cryptocurrencies, the price of ETH was surging by 0.31% over the last 24-hours while its price stood at $181.30. Ethereum 1-hour chart An uptrend was formed from $174.64 toContinue reading “Ethereum Price Analysis: Cryptocurrency seems to be settling in the bearish realm”

The recent crash in the cryptocurrency market took a toll on the king of the cryptocurrency market, Bitcoin as the price saw a significant drop. At press time, Bitcoin was valued at $8,398.04 with a market cap of $151.08 billion. The coin recorded a 0.37 percent rise in its price over the past 24-hours whileContinue reading “Bitcoin’s price indicates bullish sentiment while revealing deflated volatility”

The largest cryptocurrency by market cap, Bitcoin has witnessed a massive plummet in its price as the recent crash in the crypto market caused its price to fall to four-digits. At the time of writing, the king coin was valued at $7,966.22 with a market cap of $143.22 billion. Bitcoin recorded a 1.81% fall inContinue reading “Bitcoin encounters bulls in short-term but continues to reside in the bearish territory over long-term”

The second-largest coin with a market cap of $18.60 billion, Ethereum is gearing up for several developments. Ethereum’s Istanbul upgrade, is scheduled to go live in the next few months which a network-wide upgrade. Ethereum 2.0 aka Serenity is another anticipated upgrade of the Ethereum network. In a recent conference, Vitalik Buterin elaborated on whatContinue reading “Ethereum founders change narrative on ETH to attract investors, highlights Jimmy Song”

The sports sector has witnessed an increase in crypto adoption lately. Philippines based boxer, Manny Pacquiao announced his support for crypto by introducing his very own cryptocurrency and the Dallas Mavericks followed the Sacramento Kings and started accepting Bitcoin as means of payment. Earlier this September, Brooklyn Nets’ basketball player, Spencer Dinwiddie revealed that heContinue reading “Bitcoin developer speculates Dinwiddie’s contract tokenization was a move to avoid future bankruptcy”

Malta-based Binance, various developments seem to have no impact on the price of the exchange’s native cryptocurrency BNB as it was seen falling by 3.09 %, at press time. Just last week, the coin plummeted to a low of $15.12 and hit a six month low. The eighth-largest cryptocurrency by market was valued at $15.28Continue reading “Binance Coin’s price may experience downtrend as it breaches ascending channel”

The recent crash in the crypto market left almost all the coins including king coin taking a beating. Despite the several announcements and developments in its ecosystem, the price of the Binance coin [BNB] had fallen by 24.56% over the last seven days. At the time of writing, BNB was priced at $15.57 and recordedContinue reading “Binance Coin headed toward a possible price surge on breaching ascending triangle pattern”