When you think “bank”, you probably think safe, secure and conservative. But some banks are starting to embrace a new currency that’s anything but conservative: bitcoin. Bitcoin is a form of decentralized digital currency that doesn’t require any banks to process payments. It’s the first example of a growing category of money known as cryptocurrency. Bitcoin is just one of several cryptocurrencies, which use decentralized control as opposed to centralized digital currency (like, say, PayPal or Visa). Bitcoin isn’t controlled by a small group of individuals, like the U.S. Federal Reserve. It’s controlled by anyone who uses the currency. The…
Author: Gordon James
Gordon James
Gordon James is a crypto journalist who loves to write about the latest news and trends in the blockchain world. He has been following the cryptocurrency space since early 2017, and is fascinated by the potential that blockchain technology has to change the world. In his free time, Gordon enjoys hiking and spending time with his dog, Tucker.
Summary of the situation The crypto markets have experienced a sharp correction over the past week. Vechain is one of the few pieces that was quickly recovered. Polka dot continues to struggle after consolidating for most of the week. This week’s weekly analysis of cryptocurrency prices focuses on bitcoin, Ethereum, Chainlink, Polkadot and VeChain. The general market showed good results in the first days of last week. Nevertheless, a sharp market correction occurred over the weekend, resulting in a significant medium-term correction from which markets are likely to rebound in the coming weeks. 7-day market heatmap on coins360 On the…
Almost every day, a new company announces the launch of some form of cryptocurrency. One of the world’s largest fine wine auction houses and America’s oldest winery, Acker, has announced that it will accept digital currency for auction payments and retail wine purchases. Acker Wine Shop steps into the world of crypto This week, liquor store and auction house Acker announced that they are now accepting cryptocurrencies for goods and services. For now, Acker accepts BTC, BCH, ETH, DOGE and three stablecoins through the Bitpay payment processor. In addition, the wine company, founded in 1820, has also added BTC and…
Chainstack releases a report examining the growth of blockchain protocols in the enterprise. The team at Chainstack – creators of an affordable, easy-to-use platform for building, running and scaling blockchain applications – has released a report on the growth of blockchain protocols in the enterprise. Chainstack analyzed six enterprise blockchain protocols (Hyperledger Fabric, R3 Corda, Baseline, Autonity, Quorum, Hyperledger Besu) for this in-depth research report. According to the findings of the report, the clear leaders in the enterprise blockchain market are Hyperledger Fabric, R3 Corda, and Ethereum-based protocols. Main outputs included: Hyperledger Besu, an Ethereum-based protocol, has seen the most…
Payware Square made headlines – and dollars – when it brought bitcoin trading back to its mobile platform during the bull market for cryptocurrencies in the winter of 2017. Now rival payment company Venmo, owned by PayPal, is following suit with the launch of cryptocurrency exchanges in four major currencies: Bitcoin (BTC), Ether (ETH), Litzein (LTC) and Bitcoin Cash (BCH). From 20. By April, more than 70 million Venmo customers will be able to buy, store and sell cryptocurrencies directly in the Venmo app. The launch gives users access to in-app guides to help them better navigate cryptocurrency trading, and…
Hey there! Before reading the article which is about Ethereum price prediction: Ethereum reaches $2,950, prepares to break $3,000, you should read about ethereum price next bull run. It shares basic information about this article and also adds more value to it. Do let us know how you feel about it in the comment section below. Happy Reading! Really glad that you are here. Change is the only constant in life, and cryptocurrency is no different. The past seven days have been a roller coaster ride for the Ethereum price, but things are looking up. The price has recovered from…
3IQ Corp, the company behind the $1.45 billion bitcoin fund listed on the Toronto Stock Exchange (TSX), is preparing to list on the Nasdaq in Dubai, local affiliate The National reported today. We expect a listing in the second or third week of May and a transaction by the end of the month. The listing of the fund on the Middle East exchange will also help in terms of trading hours, as bitcoin is traded 24/7, said Frederick Pye, president and CEO of 3IQ. According to the report, the fund is expected to be listed in Dubai by the end…
Financial service firm SBI Holdings has reported that its cryptocurrency and blockchain businesses saw an increased in profits in the past fiscal year. The company, in a statement today, January 15, revealed that it generated an operating income of US$56 million in the year ended March 31, 2018. This is double the US$29 million profit it recorded in the previous year. In a March report, the Japanese financial giant SBI Holdings revealed that its crypto business, SBI Virtual Currencies, had exceeded its income from the previous year. According to the report, the company’s operating profit in FY2018 climbed to ¥5.5…
On the 14 th of May 2019 it was reported by a news website called “The Times”, that the Stanford University, a private research university based in Stanford, California, had allocated a massive $4 million in funding for three new blockchain related projects that were being implemented within the university. This is on top of the $3 million that had already been allocated to blockchain research by Stanford University in the previous year, 2017. One of the new projects involves a $1 million grant that is going towards a six-month long project being undertaken by a team from the Stanford…
In 2019, digital asset markets have seen a boom in cryptocurrency storage offerings. As a result, investors can now securely store their cryptocurrencies with regulated third parties for a small fee. In this guide, you will learn what cryptocurrencies are, how they work, and why they are so important to the digital asset markets. What is a cryptographic guardian? In traditional finance, a custodian is a financial institution that holds securities and other assets on behalf of institutional investors to minimize the potential risk of loss or theft. Before the digitalisation of the financial markets, depositaries kept stacks of physical…