The Number Of Cryptocurrency ATMs Worldwide Reaches 4,000
By Sam Mitchell
Recent statistics by Coinatmradar.com indicate that the number of altcoin ATMs worldwide has grown exponentially to about 4,000. In the last two months, that average daily installation has reached 6.7 machines. North America has the highest number of these machines while Africa has the least with only 0.20 percent. A Rise In Cryptocurrency ATMs Cryptocurrency automated teller machines (ATMs) are one of the various ways that one can use to...
3 Figures Who Might Actually Be Satoshi Nakamoto
By Sam Mitchell
The true identity of the original creator of bitcoin is one of the greatest technology mysteries in modern times. The issue has been a headache for the enthusiasts who want to know who is behind the ingenious bitcoin blueprint. But the man behind the masterplan has always been elusive. October 31st 2008, someone running under the pseudonym satoshi Nakamoto published bitcoin’s whitepaper on a cryptography mailing list. And that is...
Litecoin (LTC)
By Sam Mitchell
Global market trends are shifting towards the digital assets as a medium of exchange for transactions. With already established cryptocurrencies ruling the digital front already, some amazing platforms are emerging to stake a claim in this sensational field of digital marketing. Litecoin was inspired by the technicality of the Bitcoin protocol, although basically using a different algorithm. It is one of the best-emerging cryptocurrencies that is revolutionalizing digital transactions. Inspiration...
Onegold Customers Can Now Use Bitcoin To Buy Digital Bullion
By Sam Mitchell
Onegold, an online bullion marketplace has on Tuesday, 11th December made a big announcement. Onegold customers can now buy the digital bullion using both Bitcoin core and Bitcoin Cash. Onegold provides its customers with digital gold and silver products. Now, they are fully allocated physical metals kept at the Royal Canadian Mint. In addition to that, they can also be redeemed at any time using the Apmex e-retailer service. Cryptos...
Japan Central Bank Not Issuing A Digital Currency Any Time Soon
By Sam Mitchell
The Deputy Governor of the Central Bank of Japan has said that it was still not certain on how Cryptocurrencies will be able to affect the monetary policies of Central Banks. The Deputy Governor Masayoshi Amamiya added that the Central Bank of Japan was not planning on issuing any Crypto at the moment. Varying Opinions On the Possibility Of A Central Bank Issued Cryptocurrency Masayoshi Amamiya stated that although there...
Africa Showing Great Interest In Cryptocurrencies
By Sam Mitchell
Digital currencies remain a trending topic in Africa as compared to the rest of the world. According to the latest report by google trends, the top three countries in the world actively searching ‘bitcoin’ are Nigeria, South Africa and Ghana respectively. When it comes to the term ‘buy bitcoin’ Nigeria and Ghana top the list. In Zimbabwe, bitcoin prices are experiencing significant premiums on various trading platforms after the country...
Cryptocurrency’s Entry To The Tech Market
By Sam Mitchell
According to the senior technical officer at Coinbase and a well-known venture capitalist, Balaji Srinivasan, the cryptocurrency is now making signals of entering the tech mainstream. Significant Progress For The Better Part Of The Year From the beginning of the year, both the blockchain industry and the crypto market have all recorded tremendous progress when it comes to improving the structure of the market, making the underlying market technologies effective...
The Bitcoin Bull Market Is Back
By Sam Mitchell
2018 was a year to forget on matters cryptocurrency. Prices just couldn’t stop diving. The same continued at the beginning of the New Year. However, things began to change in February as the prices recorded in the first positive month. When it came to April, price began to rise steadily, and signs of a positive year were now more apparent than ever. The trend didn’t stop in May; in fact,...
Bitcoin ABC Is Ten Blocks Ahead After The Beginning Of The BCH Network Update
By Sam Mitchell
The network update for Bitcoin Cash began on November 15th as it had been predicted earlier. Many consumers and market analysts had earlier predicted that the update would lead to a hard fork. The Updated Report This was a test to see which crypto coin has gained the highest market command. The competition was between Bitcoin Satoshi Vision, Bitcoin Unlimited and Bitcoin ABC. Both Bitcoin Unlimited and the Bitcoin ABC...
Libra Launch: What Has Been Confirmed
By Sam Mitchell
Facebook finally unveiled its new cryptocurrency-Libra. We already have bits of information about the new currency, but we still need to understand what Libra is, its purpose, and what it means for the average consumer. Will it be the first truly global currency? According to Facebook, the new cryptocurrency will be more accessible with instant fee transfers and lower fees charged. But not as soon as you think. The social...
Bitcoin’s Price Spike Theories
By Sam Mitchell
Bitcoin is now at around $7,500, a steady upsurge from $5,000, the price recorded at the beginning of May. And this is causing a frenzy in the crypto community. Analysts are struggling to find the cause(s) of the sharp upsurge. It however, remains a mystery, the reason for the aggressive appreciation of crypto figures. According to Lukeman Otunuga, a research analyst at FXTM, analysts haven’t found a major news factor...
Self-Regulation Of Crypto Exchanges Approved In Japan
By Sam Mitchell
Wednesday, 24th October 2018 will go down as a great day in the history of the Cryptocurrency market. On this particular day, the Financial Services Agency of Japan granted the Crypto market an authority to self-regulate. This implies that the Japan Virtual Currency Exchange Association can now establish rules for consumer protection, operational requirements, and employee ethics. A Way Of Restoring Back The Market Trust In a statement released on...
The Japan Blockchain Gaming Space
By Sam Mitchell
With revenues in excess of $19 billion in 2018 alone, Japan is one of the three highly competitive gaming markets in the world today. And when it comes to the blockchain gaming market, Japan is a world leader. My Crypto Heros was launched in the last quarter of 2018, it has since gone ahead and become one of the biggest blockchain game with over 17,000 users and growing. The local...
Goldman Sachs Gets Into Cryptocurrency Through BitGo
By Sam Mitchell
Goldman Sachs, a giant banking group has joined the Cryptocurrency sector. Together with an investment company called Galaxy Digital Ventures, the two have invested around $15 million in BitGo. The Crypto startup is planning to provide security for Cryptocurrencies. The firm has also revealed that it is holding Crypto assets worth around $2 billion. Goldman Sachs Invests In A Crypto Startup Goldman Sachs has officially entered in the Cryptocurrency industry,...
Blockchain Smart-Cards To Transform Modern Banking
By Sam Mitchell
Most people have misunderstood the true meaning of blockchain, or bitcoin in that case. Some perceive it as a bubble or a get rich quick scheme where they can sell a token 100x what they paid. A few understand the true nature and potential of blockchain technology. Before we delve further, it’s crucial we define blockchain to correct some of these misconceptions. What Is Blockchain? Blockchain is a continuously increasing...
Ethereum
By Sam Mitchell
Cryptocurrency is now regarded as one of the most reliable currencies in the digital market. Widely used in the financial markets globally, it is the new trend as a medium of exchange. There are various online platforms that make it possible to transact business globally without a hitch, that is friendly, secure, fast and are detached from the normal global banking sector. One of the most notable online platforms that...
Short Term Fluctuations Are Meaningless-John McAfee
By Sam Mitchell
Prominent crypto enthusiast and cofounder of MGT capital, John McAfee has asserted that the current stagnant situation around bitcoin is only temporal before an imminent and inevitable rise. McAfee conveyed his thoughts in a tweet statement urging people to calm down. McAfee also pointed out the fact that bitcoin has up surged 300% since the beginning of the year. According to him, the dips and short term fluctuations in bitcoin...
Fiat Currency’s End Is Fast Approaching
By Sam Mitchell
Times are changing. Fiat currencies are no longer reliable, and we cannot rely on them forever. But luckily we have a solution. Crypto is the answer when it comes to insecurities regarding market crashes and dips. We can trust crypto to protect our life savings in tough times like these. Exchange rates change every day. Matter of fact, five minutes after reading this, chances are you will find a different...
South Korean Government To Use Blockchain Technology To Track Beef
By Sam Mitchell
South Korea has announced a Blockchain technology pilot that will be used to track the movement of beef through the supply chain network. Blockchain Technology To Make Process Easier According to the reports made by the Yonhap News Agency, the Ministry of Science and ICT and the Ministry of Agriculture, Food and Rural Affairs will be partnering in in the undertaking. The pilot will be launched next month, December, and is...
What Is ICO Cryptocurrency?
By Sam Mitchell
Cryptocurrency ICOs was once the biggest trend in cryptocurrency until SEC showed up. ICOs quickly became the norm after a wave of cryptocurrencies took the market by storm. Companies only had to mention that they were planning to invest in Blockchain or hold an ICO, and their stocks would rise regardless of the actuality of their statements. The idea of presale of crypto coins and tokens has advanced into a...
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Cryptocurrency exchanges are a vital part of the crypto infrastructure. News of huge profits made on the exchanges hacks happening at an alarming rate, exchanges imitating one another and others […]
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This Crypto’s Stunning Rally: 12% Boost Post-Champions League Victory—Is the Trend Reversing?
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