News

A new report by Bitcoin trading giant BitMEX focussed on the BTC mining industry, exploring if three mining giants could IPO on U.S. markets and if China’s Bitcoin mining could grow. Both aspects, unfortunately, face negative consequences if current market conditions remain. Bitcoin miners face IPO troubles Bitmain, and Ebang, two of the biggest ASIC […]

While financial markets face turmoil this year, it’s finally looking like a moment for cryptocurrencies — if recognition and partnerships are anything to go by. Earlier this week, blockchain agnostic protocol Chainlink was awarded the status of a “technology pioneer” by the World Economic Forum, with the latter earmarking the project as making significant technological […]

It would be a stretch to say that XRP has performed well over the past few years. From its all-time high price around $3.40, the fourth-largest cryptocurrency has collapsed by more than 90 percent, with the retracement even being deeper at times. At the current price of $0.19, the altcoin is down nearly 95 percent […]

Prior to the events seen in 2020, many Bitcoin advocates took aim at the hyperinflation seen in countries like Venezuela as a reason why the existence of a decentralized, fully scarce currency is imperative. The ongoing pandemic – and its economic implications – have made Bitcoin’s existence all the more necessary, with massive economic stimulus […]

Breanne Madigan, the head of global institutional markets at Ripple (XRP) , believes that institutional money is yet to come to the blockchain industry. In order to attract and then harness the institutional money, the industry will need to achieve a liquidity significantly deeper than it is today. The crypto market mimics the traditional financial […]

The past few weeks have seen Bitcoin consolidate in a tight range between $8,000 and $10,000. Every attempt at breaking the range, in both directions, has been squarely rejected. Yet analysts are starting to see an impending breakout in the upward direction, citing fundamental trends instead of the precarious technical situation. Bitcoin could soon see […]

Ethereum has been seeing a massive influx of new users and investors in recent times. This has been driven by the growing popularity of Decentralized Finance (DeFi) as well as heightened on-chain stablecoin issuance. This also comes as the highly anticipated transition to Ethereum 2.0 looms on the horizon, with the testnet being launched in […]

Binance, one of the largest cryptocurrency exchanges in the world, will be launching a U.K. platform this summer. The platform will enable both retail and institutional investors fiat on-boarding in GBP and EUR, and will be registered with the U.K. Financial Conduct Authority. A new Binance platform to launch this summer in the UK After […]

Development and demand for staking applications are booming ahead of Ethereum’s ETH 2.0 update, which sees the latter shift to a Proof-of-Stake consensus algorithm. Popular crypto-exchange and wallets alike have expressed launching a stake pool in some form or another, but a new ConsenSys development is, perhaps, the biggest ever pilot in terms of providing […]

Blockchain agnostic platform Chainlink is now recognized as a “technology pioneer” by the prestigious World Economic Forum (WEF), as per a release this week. MakerDAO, a DeFi-centric project, Lightning Labs, and Bitcoin analytics firm Elliptic were other awardees. Chainlink made the list among hundreds of other blockchain and cryptocurrency companies. Lately, the former project has […]