Mastercard is expanding its interst in virtual currencies, approving Wirex as the first native cryptocurrency platform to be granted principal membership, allowing it to directly issue payment cards. Mastercard principal membership enables Wirex to issue payment cards directly to consumers, making it easier for people to buy, hold and exchange Read more…
The burn removed 3,477,388 BNB—worth $60.5 million—from circulation. Binance destroys BNB every quarter to boost the price of its native cryptocurrency. But the burn did not boost the price of the token. Cryptocurrency exchange Binance on Friday announced its biggest ever coin burn—removing $60.5 million worth of BNB from circulation. The coin Read more…
With Bitcoin’s current volatility at record low levels, altcoins have gotten the most gains in June 2020. According to Binance’s new monthly report, cryptocurrencies overall delivered mixed performance, but altcoins like LINK and ADA delivered good returns. Binance recently published its June Monthly Trading Report and revealed the top cryptocurrencies with the Read more…
Authorities of Chinese city Bayan Nur issued a warning on Sunday after a reported case of bubonic plague. The city is located in the autonomous region Inner Mongolia – one of the world’s most attractive regions for Bitcoin miners. Germ Behind Bubonic Plague Killed a Third of Europe’s Population Bayan Read more…
Bitcoin stalls under $9,200 but SalsaTekila, a pseudonymous analyst believes BTC/USD is heading to $13,000. BTC/USD could settle for consolidation based on the short term technical picture. Bitcoin alongside other cryptocurrencies continues to encounter gruesome days. To many, the largest cryptocurrency has no fighting power left to rise above $10,000. However, there Read more…
After witnessing an abject failure of the legacy financial system, Satoshi Nakamoto created Bitcoin a little over 11 years ago. The OG crypto represents the very fast pass at changing the current broken system. Nonetheless, not everyone is a fan of the concept of financial utopia that bitcoin promises. For Read more…
The total amount and value of tokenized Bitcoin on the Ethereum blockchain has sharply increased since mid-May, with over $101 million worth of BTC now held in tokens such as Wrapped Bitcoin (WBTC), renBTC, HBTC, imBTC, sBTC and others. WBTC and similar tokens represent Bitcoin on the Ethereum blockchain. One tokenized BTC equals Read more…
Bitcoin as a financial asset has drastically grown in popularity in the past few years. As adoption continues to grow and fiat on-ramps and off-ramps become easily accessible, Bitcoin’s user base has grown and diversified significantly. The past few years saw greater institutional interest. While the Hodl culture within the community Read more…
Earlier this week on-chain analyst Willy Woo released a new price model for Bitcoin (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin may be just one month away from an official bull market. Will a BTC bull market Read more…
Ethereum has been generating massive on-chain activity in recent times. Multiple metrics detailing its usage have surged to all-time highs, and the crypto, by most means, appears to be fundamentally robust. That being said, this has not been enough to invalidate the technical weakness it has been seeing in recent Read more…