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Banking giant Goldman Sachs held its highly anticipated client call today, in which the topic of cryptocurrency was floated. Unsurprisingly, they offered a scathing critique of the nascent market, echoing age-old anti-Bitcoin talking points. Their analysis of Bitcoin – and reasoning for why it should not be considered a viable investment – is highly flawed, […]

Three major powers are betting on the long-term potential of cryptocurrencies, digital currencies, and blockchain. In separate developments, schools and publishers in Korea, China, and Australia introduced blockchain and digital currency-related coursework for graduates and government officials, guided by narratives of future opportunities and concerns of potential unemployment. Australia’s RMIT offers blockchain course On May […]

Calibra is no more. Just the name, though. Facebook’s ambitious digital currency project underwent a major rebranding on May 26, including a change in name, logo, design, and the addition of some new features. The “new way” As per an official Facebook announcement, Calibra is now Novi, an upcoming digital currency wallet used to access […]

Bitcoin’s price action as of late has been rather lackluster, with the benchmark cryptocurrency struggling to garner any decisive momentum following its recent series of rejections at $10,000. Despite there being a sense of gloom amongst analysts with regards to where BTC may trend in the days and weeks ahead, one on-chain trend seems to […]

China’s aggressively pushing for blockchain development and digital currencies, with local sources stating the ongoing coronavirus pandemic may lead to an early release of the country’s ambitious digital currency project. However, while a central bank official says there’s no particular timeline, the currency could be seen at a major global sports event, if ongoing tests […]

With governments and central banks around the world printing trillions of dollars, proving why the scarcity of Bitcoin is so fundamentally important, many have become extremely bullish on BTC and cryptocurrencies as a whole. Case in point: Raoul Pal — the former head of hedge fund sales at Goldman Sachs and the CEO of Real […]

Since the peak of the last Bitcoin bubble in late-2017/early-2018, the vast majority of altcoins have collapsed dramatically from their all-time highs. Not even Ethereum has been spared. From the all-time highs of just over $1,400, the asset is down over 85 percent, trading at $200 as of the time of this article’s writing. This […]

Bitcoin Cash (BCH) has suffered a drop in hashrate after its April 8 halving. Despite the network suffering no unwanted consequences, a crypto-analyst thinks it is surprising that the controversial cryptocurrency has not suffered a “large-scale” attack yet. Can it be done? Yassine Elmandjra, a crypto analyst at data-driven investment firm ARK Invest, tweeted on […]

If ICOs were the theme of 2017, stablecoins of 2018, DeFi certainly looks like it’s dominating 2020. DApps building on Ethereum have attracted institutional investment and massive attention this year, focused on a wide array of use cases and unveiling newer avenues for blockchain to shine. Now, Centrifuge, a company founded in 2018, is looking […]

Despite the global economy being virtually frozen, the S&P 500 and all other benchmark stock indices have been able to rally today, smashing through critical technical levels and potentially creating shockwaves that boost Bitcoin. This rally has allowed the S&P 500 to surmount two key moving averages that were previously suppressing its price action, leading […]