Bitcoin’s dominance may have left Altcoins in a pit hole, but Fiat currencies may soon be joining these struggling Altcoins. In another interesting turnout, many countries are witnessing the downfall of their traditional currencies at a large percentage. In the last 12 hours, Bitcoin has performed tremendously well with a Read more…
PayPal is introducing a feature for buying and selling crypto. The price of Bitcoin shot up at the news, with speculation that mass adoption is around the corner. However, PayPal is stripping several salient Bitcoin features from its product. News broke this morning that PayPal, the company that kickstarted the Read more…
Bitcoin successfully broke out of the $11,500 range and is approaching $12,000 following new comments from Federal Reserve Chair Jerome Powell about the possibility of a central bank digital currency (CBDC) in the U.S. Bitcoin jumped from $11,519 to $11,837 before closing at $11,764 on Monday, which helped the benchmark cryptocurrency Read more…
There’s a new player in town when it comes to cryptocurrency app development, and it’s called Polkadot. The crypto platform is proving itself to be the first-choice for developers, drawn to its flexibility and its fast-growing community. Recent reports have claimed Polkadot saw a 44 per cent increase in developer activity Read more…
Although still a work in progress, Bitcoin (BTC) price has created a bullish chart pattern that could potentially take the world’s largest digital coin to above $12,000 in the coming days. Elsewhere, a former Goldman Sachs executive believes BTC could trade at $1 million in 5 years. Bold prediction A former hedge-fund Read more…
Chinese police have launched an investigation linked to cryptocurrency exchange giant OKEx, forcing one of the world’s largest Bitcoin trading platforms to block users globally from withdrawing money. An unidentified staffer responsible for users’ private keys — accounts where they store crypto assets — has been “out of touch” as Read more…
Taproot, the highly-anticipated protocol upgrade designed to add smart contract flexibility and more transactional privacy to Bitcoin, has officially merged into Bitcoin Core. The implementation now merged into Bitcoin’s code includes the Schnorr and Taproot consensus rules proposed in BIPs 340, 341 and 342, authored by Core contributors Pieter Wuille, Jonas Nick, Anthony Towns Read more…
Bitcoin has so far sustained above the $11,000 level Any sustained break above $12,000 may push the price higher The key support level remains at $10,500 As Bitcoin maintains its momentum above $11,000, analysts are hopeful that the bullish trend will be sustained. If the benchmark cryptocurrency manages to break past Read more…
Google remains as the biggest search engine today and its data shows a drop in searches for Bitcoin and decentralised finance. Search phrases and terms on Google are assigned numerical values that are used as a metric of popularity. The Google Trends data is then used to depict the areas of interest Read more…
With a further $10 billion added to cryptocurrency markets, things are starting to look healthy again, especially for Bitcoin which has just reached its highest price for over six weeks. The 5% gain culminated with a peak of just below $11,500 on Saturday, and a return above $11,400 on Sunday as the asset Read more…
