Leading Payment Institutions To Back Facebook’s Crypto
By Sam Mitchell
Mark Zuckerberg-led social media giant Facebook gets big firms on board its cryptocurrency project. According to Wall Street Journal, PayPal, MasterCard and Visa are set to invest $10 million each in an association that will govern the Bitcoin rival. Leading Payment Institutions Joins The Project After months of speculations, it appears a Facebook cryptocurrency is forthcoming. Numerous reports last week said that the crypto’s planned launch is set for June...
Neteller Gets Into Cryptocurrencies
By Sam Mitchell
An online fiat wallet provider has launched its Cryptocurrency exchange. Neteller users can now purchase, sell, and store virtual currencies such as Litecoin, Ethereum Classic, Ethereum, Bitcoin Cash, and Bitcoin on the platform. The company has joined Skrill, which recently launched a similar program on July 25. Nettler To Make Cryptocurrencies More Accessible Neteller has become the latest company to add the virtual currencies after the company announced the launch...
2019 Promising Cryptos Under $5
By Sam Mitchell
Last week we looked at some rare cryptos you should really ponder if you are an investor. We explored 3 rare cryptos with significant market caps and the potential to reach the top 10 cryptos in the space. We found out that we couldn’t do enough justice to the topic of potential cryptos if we didn’t explore more. You see, there are many virtual coins in the market today 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...
Cryptocurrency Boost Remittance
By Sam Mitchell
Cryptocurrencies are known for enabling people to send funds in a faster and cheaper way than fiat currencies. This efficiency is what is making many Crypto enthusiasts believe that more people will be getting into the sector in the near future. Although those who use the virtual currencies are aware of their potential, it is a recent study that has revealed how new coins are driving remittance. Traditional Financial Institutions...
Creating A Cryptocurrency – The Basics
By Sam Mitchell
There is no doubt digital currencies and Blockchain have recently been having the most impactful development. Investors have made quite a ton of money investing in digital currencies and the Blockchain industry has grown tremendously as a result. Bitcoin’s success has been the defining moment for the new digital revolution. More and more people now want to create better cryptocurrencies that promise to reverse Bitcoin flaws. Some indeed have, others...
Support For Bitcoin Cash ABC Passes The Threshold
By Sam Mitchell
Based on a report released by one of the most respected Bitcoin network data providers, Coin.Dance, the nodes for Bitcoin Cash ABC is nearly 600% more than the nodes of Bitcoin SV – Satoshi Vision. The support Bitcoin Cash ABC has really grown within a very short time. Large Support Base One thing that has led to that high number of Bitcoin Cash ABC nodes is the kind of support...
Bitcoin Cash Acquires Over 140% This Week
By Sam Mitchell
Lately, the crypto markets have been experiencing an upward trend. However, a majority of the prices of leading virtual coins asset have witnessed good gains over the last one week. Approximately $132 billion is the overall market capitalization of all the coins that are in existence as of Sunday, 23rd December. On top of that, the international trade volume has significantly increased. This is considering the fact that it is...
Modern Terminals Adopts Blockchain For Documents Logistics
By Sam Mitchell
Modern Terminals, a container terminal operator that is currently Hong Kong’s second largest, is the latest entrant into the TradeLens project. The TradeLens project is a technological solution that is supported by Blockchain and has been created by IBM and Maersk. Modern Terminals Joins The TradeLens Project Modern Terminals has stated through its press release that the TradeLens ecosystem is geared towards digitizing and streamlining the processes within the world’s...
Maker (MKR)
By Sam Mitchell
Like some of the best Blockchain projects today, Maker is sophisticated to fully understand. The Maker cryptocurrency is implemented on the 2nd largest Blockchain network-the Ethereum network and is dependent on the concept of a smart contract. MKR is Maker’s utility token. Rather than being backed by fiat currencies, the Cryptocurrency is backed by Ether. The Maker platform forms the basis of simple banking systems that are built of distributed...
Students Can Now Pay Fees In Cryptos At A French Business School
By Sam Mitchell
Financial Business School, the leading French college that offers post-graduate studies in financial and blockchain technology, has now given its students an opportunity to pay their fees in Bitcoin. From the time the measure was introduced by the college, close to half a dozen learners have been able to pay their fees in Bitcoin for the 2018 academic year. Relief To International Students Nearly a quarter of the students that...
New 7nm Bitcoin Chip Miners From Bitmain Are Available For Sale
By Sam Mitchell
From November 8, 2018, Bitmain’s 7nm chip miners will be on sale to Bitcoin miners. The mining hardware technology from the Chinese giant is expected to transform the mining of Bitcoin by making it easier, affordable, and rewarding. The 7nm chip will also enhance efficiency in Bitcoin mining. The chip maker has not revealed a lot of details about the new equipment but available reports from important sources and Bitmain...
Bitcoin Price Predictions For 2019
By Sam Mitchell
2019 did not begin with a not-so-bad note, and that is why the price has been rising so fast. Bitcoin has increased by close to 14% overnight with other cryptocurrency assets surging too. Following the hacking of 7000 Bitcoins at Binance, the crypto space is not looking all good. First and foremost, BTC has been able to mature as a body of investment, primarily with the creation of Bitcoin futures....
33 Cryptocurrencies Described In Four Words Or Less
By Umberto Papa
The cryptocurrency which is known as Bitcoin is the first one to hit the market and has started garnering attention from the people. The value of this newly minted currency has quickly risen from being almost nothing to more than a $1,000. After that, the price of Bitcoin fell and some people started questioning the value of Bitcoin currency, that whether these new types of currencies are desirable as they...
Will Brexit Affect Bitcoin?
By Sam Mitchell
The UK voted itself out of the EU in June 2016. The results were a shocker for crypto investors. They were no longer certain of their future in the next two years. The news caused the pound to drop to 1.36 up from 1.42. Crypto prices and bitcoin in particular, rose at the same time as the Brexit result. From an average of $500-$600, bitcoin rose to $750. It’s undeniable...
TechFinancials Delves Into Blockchain Following An M&A With Footies To Form NewCo
By Sam Mitchell
NewCo is the latest Blockchain company that has been established following a merger and acquisition of Footies by TechFinancials. This follows an earlier acquisition of 92% of CEDEX which is a diamond exchange platform targeting high-end clients. This M&A proves that the London Stock Exchange-listed firm is diversifying its product base and investment portfolio to also include Blockchain-based companies that have been deemed to be futuristic. Partnership Between TechFinancials And...
Maximize Your Returns – 4 Crypto-Tax Tips
By Sam Mitchell
This piece is an insight by Jim Calvin, a tax expert at Deloitte on some of the tax tricks that professionals in financial firms use to maximize tax returns. He has been in the crypto industry since 2014. He is also a professional at Deloitte. But before we dive in right into the main issue, Jim Calvin gives background on his crypto interest. He says it emerged while he was...
Arrington-backed Crypto Loans Firm to Accept Telegram’s Token as Collateral
By Umberto Papa
Crypto loans firm Nexo says it will accept the gram ICO token from Telegram as collateral. Trouble is, the tokens may not be available for some time. Nexo said that, once tokens have been received following the first public sale of gram tokens through the Liquid exchange platform, kicking off on July 10, it will allow customers to use the tokens as backing for its instant credit lines and planned...
Bitcoin Price May Go Beyond $20,000
By Sam Mitchell
Bitcoin is setting new yearly highs, and the question on everyone’s mind is if the trend will continue the rest of the year. So far, since February the first positive month, bitcoin has been on the rise most of the time. Analysis by experts like Tom Lee have pointed out that the rise of bitcoin’s price to beyond $10,000 likely triggered the fear of missing out (FOMO) among potential investors....
How To Avoid ICO Scams
By Sam Mitchell
The crypto craze is back. And investing in crypto and blockchain project is now more tempting than it has been in the last 12 months. People are turning their attention back to cryptocurrencies. And as they are doing so, fraudsters see an excellent opportunity to defraud the naïve. Initial Coin Offering is to a swindler, what a crypto exchange is to a hacker; a goldmine. It’s the riskiest decision you...
Latest Crypto News
October 14, 2019
Going on 2020, What Crypto And Blockchain Investors Have To Know
The markets have revealed a lot in 2019. We now have to use some of those insights coming into 2020. Considering what happened in 2018, 2019 wasn’t such a bad year per se. We had a bull run during the first half of the year, although the prices stagnated and dropped at some point, it’s […]
October 12, 2019
Find Love on Blockchain
From use cases in energy, finance and insurance industry, blockchain now has a new use case; finding love. Yes, you read it right, blockchain is now a solution to finding your soulmate. If you have tried other technologies like tinder, then you know that not everything is real and the world can be very deceiving. […]
October 10, 2019
Celebrities Totally Into Bitcoin
Bitcoin used to be synonymous with the black market purchase of illegal goods. But now celebrities have joined the crypto craze. We explore some of the celebrities who have joined the crypto bandwagon or shown interest in the new wave of digital money. Kanye West Besides suing a crypto project for trademark infringement, Yeezy himself has […]
