Japan To Introduce New ICO Regulations
By Sam Mitchell
JIJI Press, a Japanese news outlet, has reported that the Japanese FSA (Financial Services Agency) is in the process of coming up with new regulations for ICOs (Initial Coin Offerings).
Philippines Now Boasts Of Ten Approved Crypto Exchanges
By Sam Mitchell
There is something about the Philippines trying to catch up with Japan. This is the ever-growing number of approved crypto exchanges in the country. So far, ten crypto exchanges have received the green light from the Philippines’ Central Bank. Bitcoin adoption appear to be growing so strong in this country. One of the largest banks in the country now even has a BTC ATM at one of its main branches...
Best Time For Cryptocurrencies?
By Sam Mitchell
The cryptocurrency environment has been quite undesirable for many traders the past two years. Many of these traders have lost interest and many have been reduced to spectators, watching crypto development from the sidelines. Despite these shortcomings, the industry has been evolving and ticking, all along. After the hullabaloo of ICOs and two year downswing of cryptocurrencies. It’s amazing to see things picking again. The much needed breather is over...
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...
HITBTC Freezes User Accounts
By Sam Mitchell
Multiple sources announce that Crypto exchange HitBTC has had its customers’ accounts frozen ahead of the annual proof of keys event. The Annual Poof Of Keys Event fast Approaching HitBTC officially responded to a complaint that was posted on Reddit. The user had accused the crypto exchange of suspending his requests to withdrawal funds. PEDXS said that he had gone through the KYC processes and had passed a process that...
A Venezuelan Worker To Be Compensated In National Cryptocurrency
By Sam Mitchell
A Venezuelan worker who was injured in her work will be compensated in Petros or the equivalent, the Supreme Tribunal of Justice, the country’s highest court has ruled. The recent ruling is an indicator that the country's Supreme Court recognizes the national Cryptocurrency as a legal. The oil-rich country has launched a Petro saving program for the local population. Venezuelan Supreme Court's Petro Payment Order On Friday, local media reported...
Fidelity Bitcoin Custody Service To Be Live By March
By Sam Mitchell
Fidelity will be offering Cryptocurrency custody services to Bitcoin holders according to off-the-record leaks. The company specializes in managing mutual funds and the service is expected to allow the company to serve Cryptocurrency holders better. The sources reveal that the launch date is expected in two months and is set to attract institutional and retail investors. This comes following an announcement by the Boston-based firm in October 2018 to offer...
The Stumbling Blocks To Blockchain’s Takeover
By Sam Mitchell
Only less than a handful of technologies have created such a buzz and controversy as blockchain has. To some people, technology is transformative and critical to the future of technology. To others, however, it’s the opposite; a complete sham, a Ponzi scheme, and a fraud. How can you reconcile the two divides? By shunning ignorance. Maybe then, critics can learn that there is more to the technology than what they...
The Evolving Blockchain Business
By Sam Mitchell
The facilitation of peer to peer transactions is the primary use case for blockchain. Many businesses have found it profitable cutting down the middleman, along with other benefits. Among other benefits that appeal to businessmen is the drastic cutting down of fees when sending funds to one another and on the exchanges. For instance, on September 5th, someone paid $700 fee after sending $1 billion worth of bitcoin. And yet...
Kenyan Restaurant Accepting Crypto For Payments
By Sam Mitchell
In Mount Kenya lies a savvy restaurant that has begun accepting Bitcoin as a mode of paying for meals. Crypto For Meals In Mount Kenya The restaurant is called Betty’s place and is located over roughly 90 miles from Nairobi, which is the capital city of Kenya, in the rural part of Nyeri. Betty’s Place is among the few start-ups in the country to embrace the Blockchain technology and Cryptocurrencies,...
Why Security Tokens Will Become Popular In 2019
By Sam Mitchell
Experts have predicted that in the next 10 years, security tokens could become a multi-trillion dollar market. Security tokens are showing prominence and have already generated interest from crypto enthusiasts. Security tokens are now being perceived as worthy alternatives to ICOS and investors are exploring the substitute. And the crackdown of ICOs in 2018 by regulatory bodies is helping. Even major companies like Coinbase and Nasdaq have started organizing forays...
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...
Top Private Coins Performance In April 2019
By Sam Mitchell
The crypto market has been experiencing success since the beginning of April. Positive signs were initially sighted on February. It is the exact opposite of 2018 where prices were plummeting all through with no signs of recovery. 2019 is different. We might be over-focused on the top crypto prices so much that we forget the private oriented coins. Today, we focus on the private side of crypto by examining some...
Organizations That Accept Cryptocurrency Donations
By Sam Mitchell
Charity groups and NGOs have not been left behind in adopting Cryptocurrencies such as Bitcoin and Ethereum among others. Unlike fiat currencies, it is easy to send donations in altcoins as the process is cheap and fast. Virtual currencies are known for making it easy for such groups to raise more funds as the process is simple and possible regardless of the geographical location of the donor. The number of...
Bitcoin Cash: History And Purpose
By Sam Mitchell
Bitcoin developers always knew that they would one day encounter a scaling issue. More specifically the size of transaction blocks, being limited to 1MB. It’s not news that the issue reached its climax with substantial delays in transaction processing and limitations regarding the number of the transaction the network processes. And what do users, miners and developers do on the onset of such a problem? They look for multiple ways for solutions....
Why Satoshi Doesn’t Want To Be Found
By Sam Mitchell
We just have to come to terms with the fact that Satoshi Nakamoto may never be found. Satoshi has beaten incredible odds in hiding and staying anonymous, a fete that is yet to be replicated for a public figure in the 21st century. Many may have come out and claimed to be the real Satoshi Nakamoto. Their greed for attention betray them. They have quickly been brushed off. We look...
Cryptocurrency Taking Centerstage In Africa’s Political Campaigns
By Sam Mitchell
A Nigerian opposition leader has promised to implement crypto policy if elected president. These were sentiments by Mr. Atiku Abubakar, the main Nigeria’s opposition leader who has also served as the country’s vice president. He has stated clearly that Nigeria will adopt cryptocurrency and blockchain technology if he is voted to power. The Only Crypto-Friendly Candidate On The Ballot Nigeria’s general elections are slotted for February 2019 and there are...
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...
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...
Bakkt Announces $182 Million In Raised Funds
By Sam Mitchell
Bakkt has announced that it has raised $182.5 million. The raised funds are to be used in the building of its global digital assets platform and its development of Bitcoin futures product. New Opportunities For Bakkt According to a post on the Medium, made by the firm’s chief executive Kelly Loeffler, the funding round was made possible through its cooperation with twelve of its partners. The ICE (Intercontinental Exchange), the...
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Bitcoin Price Trend Over the Last Month and Future Forecasts
Introduction Bitcoin (BTC), the leading cryptocurrency by market capitalization, has continued to be a focal point for both retail and institutional investors. Over the last month, the market has seen […]
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