Decentralization is one of the key characteristics that define Bitcoin and its vision of finance. While Bitcoin’s Proof of Work consensus algorithm has proven to be highly secure and robust, there have also been a few downsides that have hindered Bitcoin’s growth. The mining community keeps the network alive, however, increased levels Read more…
The crypto division of analytics firm Weiss Ratings called Tezos (XTZ) and Cardano (ADA) superior to Bitcoin in terms of technology. According to the most recent update to the Weiss Crypto Ratings, tezps and cardano are the top two blockchain projects in terms of technology. Weiss rated both crypto-assets as “excellent” in Read more…
XLM/USD Medium-term Trend: Bullish The cryptocurrency is in a bullish trend zone in its medium-term outlook. The formation of the pin bar hammer at $0.06 in the resistance area at the close of yesterday’s session signal a trend reversal. Hence bear’s brief return. The session opens today on a bearish Read more…
The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the near-term as traders anticipate a strong weekly close. In the upcoming days, the 200-day simple moving average (SMA) found Read more…
A new trend has surfaced around the National Football League. There is increased demand for receiving salary in Bitcoin among players. This movement is led by Russell Okung, american football offensive tackle for the Carolina Panthers in the National Football League (NFL). He considers himself a full on “bitcoiner” who Read more…
Russell Okung, an American football offensive tackle for the Carolina Panthers in the National Football League (NFL), was in an exclusive interview where he declared Bitcoin as a remedy for the global economic crisis as the cryptocurrency offers “Practical Solution” against legacy finance. Bitcoin changes everything During the interview, he was Read more…
Over the years many mainstream players have entered the digital assets space to give it a modicum of price boost. The current market atmosphere has remained increasingly bullish and that may be the reason why more players were willing to dabble in cryptocurrencies. During a recent discussion on the National Public Radio Read more…
It’s been a good week for Bitcoin. After languishing at around $6,700, the cryptocoin is up more than 6 percent over the last week to take it above $7,000. And the next halving is now less than three weeks away. Changpeng Zhao is looking further ahead. He predicts that in a few months, as Read more…
In brief Dallas Mavericks owner Mark Cuban says the team has taken in $130 of Bitcoin. The NBA team accepts Bitcoin for tickets and merchandise. Cuban, an outspoken critic, previously said he had no holdings of crypto. It was just over a month ago that billionaire investor Mark Cuban claimed Read more…
In brief: In a tweet earlier this week, Tyler Winklevoss believes that the Federal Reserve’s recent actions have set the stage for the rise of Bitcoin (BTC). Additionally, he cautioned that the COVID10 pandemic will increase surveillance by governments attempting to track the spread of the virus. He also pointed Read more…