Reasons why Bitcoin Is Surging
By Sam Mitchell
Crypto traders were recently reminded of the events that took place in 2017; when BTC and other altcoins took the world by storm with huge returns. The sustained and sudden breakout has created a sense of panic among the people who neglected to accumulate during the bear market’s depths. Here are some of the reasons why the price of Bitcoin has been soaring for the past couple of years. Heavy...
All You Need To Know About Zcash
By Sam Mitchell
Anonymizing transactions in Bitcoin can be quite a headache. There are so many checks before you are sure of anonymity. So, why not use a cryptocurrency that guarantees your total anonymity instead? Some think that anonymity is for criminals, it couldn’t be further from the truth. You can be robbed or even kidnapped when you don’t have financial privacy. The truth is that, in this data-centric world, financial transaction data...
Blockchain In Freelance
By Sam Mitchell
The disrupting nature of Blockchain technology is mostly associated with finance and retail, where money is dealt with directly. And where this is not the case, the potential for blockchain is often underestimated. The freelance industry for instance is one of the areas where blockchain is finding good use. The freelance market itself is making huge leaps in terms of growth. A report by the tech republic estimates that around...
Report: Cryptocurrencies And Blockchain Are Maturing
By Sam Mitchell
The price upheavals in the past year and a half have caused tremendous changes in the crypto industry. The result of the changes has been a market, more mature than ever and that which is experiencing more appreciation, acceptance and infrastructure development Most crypto enthusiasts today are blind to the fact that there are different tiers of cryptocurrency besides the investment and price perspective. The technology part of cryptocurrencies is...
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...
Record Highs Expected For Bitcoin In 2019
By Sam Mitchell
The Chief Executive Officer of Galaxy Digital, Mike Novogratz has predicted that Bitcoin, the leading cryptocurrency, will break out of its 2018 tribulations and rise to a high of $20,000 in 2019. This will be fueled by an upsurge in the institutional investments. The Year-End Price Target For Bitcoin Novogratz, who is a former investment banker with Goldman Sachs has further indicated that the crypto has to take out $6,800...
Crypto Investing Tips
By Sam Mitchell
We are in that season again, where crypto prices increase proportionately with popularity. It's 2019, and you can buy a digital currency as easily as accessing an exchange site. And more people are interested in cryptocurrencies, nearly as many as during the 2017 crypto boom. As the crypto craze continues, we thought it wise to provide readers with some basics on cryptocurrency investment. The tips discussed here today should come...
Best Crypto To Mine In 2019
By Sam Mitchell
Crypto mining is basically validating transactions that have adhered to specific rules in the network and adding them. Miners compete with one another in solving mathematical challenge problems that come in crypto hash functions. The miners who find the solution first, are paid. The process of mining itself is done via various means. The best way, however, is setting up a mining farm. However, a mining farm can prove to...
Why Cryptocurrencies Shouldn’t Worry About Facebook Coin
By Sam Mitchell
There has been a bit of distress on social media over the status of the cryptocurrency world the morning after the revealing of the Facebook new coin. Various experts have aired their beliefs on project Libra and how they think it is going to affect cryptocurrencies. Of course, many of them believe that the stablecoin won’t have any effect on the market and won’t near compete with the likes of...
Bakkt Bitcoin Futures Trading Is Now Live
By Sam Mitchell
At exactly 8 pm EST, bitcoin’s futures trading went live at the Intercontinental Exchange for the very first time. Finally, the much-anticipated launch of Bakkt’s bitcoin futures trading platform is here. The platform is now trading live at the Intercontinental Exchange. When It All Began It all began in 2018, the year after the meteoric break out of bitcoin. Everybody had his eye on bitcoin. Not just the media but...
Ohio To Use Bitcoin To Pay Taxes
By Sam Mitchell
Ohio has officially become the first state in the US to accept bitcoin as a means of payment for taxes. The state announced its revolutionary decision on Monday and is anticipated to be the first among a string of states to follow. Speaking after he made the announcement, Josh Mandel who is Ohio’s state treasurer added that the blueprint was crafted in such a way that it would be easier...
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...
Volatility Drops The Lowest Since May
By Sam Mitchell
It’s hard not to notice how tightly bitcoin has been trading the last couple of weeks. Volatility has hit the lowest in four months the last 24 hours. According to Blockforce capital, an asset managing platform, it’s the first time since May 10 that the volatility readings are at 47%. Blockforce capital also showed declining 60-day volatility with a reading of 54%, also a new low since May 10. Bitcoin...
Tom Lee: Trump’s Comments Could Carry Bitcoin’s Price To New 2019 Highs
By Sam Mitchell
On Thursday, the US president came out to speak his mind about cryptocurrencies. In a series of tweets published on the night of July 11, Donald Trump criticized cryptocurrencies specifically Bitcoin and Facebook’s upcoming coin – Libra. Trump went on to demand that companies should seek a banking charter and present themselves as subject to both the US and global regulations if they want to “become a bank”. While it’s...
Top Services To Earn Cryptocurrencies
By Sam Mitchell
The announcement of the launch of Libra by Facebook has captured the attention of many. Couple this with the recent price surges of bitcoin and now you have millions of people interested in cryptocurrencies. Since cryptocurrencies went mainstream in 2017, hardly anybody wants to miss out a chance to venture in the trade. Digital currencies have proven a healthy byproduct of the blockchain revolution and a source of income. We...
The Other Side Of Decentralization Of Crypto
By Sam Mitchell
Crypto pioneers are shying away from calling what they are building as institutions. And we know the reason why. It’s because the term has a background of centralization, the one factor that cryptocurrencies want to avoid at all cost. At least until you mention institutional capital and the term is now acceptable. If you look at history and what has driven the economy of the most advanced nations in the...
Cryptocurrency Mining Now Allowed In US Political Campaigns
By Sam Mitchell
The United States Federal Election Commission is the official body that is charged with conducting elections in the US. In a new twist, the commission has issued a new advisory opinion in regards to the use of cryptocurrency and elections. Henceforth, people are now allowed to make contributions to political campaigns by giving out their computer power to be used for mining cryptocurrency for the political candidates of their choices. The...
Best IEO Platforms
By Sam Mitchell
Experts have predicted an Initial Exchange Offering (IEO) boom in the coming months, possibly similar to the Initial Coin Offering (ICO) boom witnessed in 2017/2018. When companies create their own crypto, they need funds for the project. And how do they get the funding? By asking from the public, which is also called crowdfunding. When they decide to host the crowdfunds on their own, that’s an ICO. But if they...
Is America Wary Of China’s Crypto Mining Supremacy?
By Sam Mitchell
China is the undisputed global leader in Cryptocurrency mining especially Bitcoin. This gives the country a significant influence on companies in other countries such as the U.S. given that Bitcoin is the most popular altcoin. President Donald Trump’s government is now concerned and seems to rush to introduce some changes to alter the game. Bitcoin Mining In China When it comes to Bitcoin mining, no other country rivals China, which...
A Guide To The Monero Cryptocurrency
By Sam Mitchell
You have already heard of Bitcoin and Ethereum and by now, and hundreds of other coins each promising to offer an improvement of Bitcoin. Some promise cheaper transactions, others faster. As for Monero, its most unique selling point is anonymity. Thanks to the currency’s cryptography, the sender, receiver and the amount cannot be viewed by anyone else. It’s for this reason that the currency is being used to evade international...
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 […]
