News

XRP’s recent price action seems to suggest that the cryptocurrency will end up being the dark horse of 2020, as its recent price action is shaping up to be overwhelmingly bullish as multiple key technical factors begin flipping into the favor of buyers. Currently, the token is in the process of breaking above a critical […]

It’s been a whirlwind of a year for Bitcoin, with the cryptocurrency incurring a significant amount of bullish momentum in the early part of January when buyers pushed BTC’s price from lows of $6,800 all the way to highs of just under $10,000. It does appear that bulls are beginning to get a bit cocky, […]

Lightning Labs has announced they have raised a $10M Series A, saying that the funds will be used to further develop Lightning and scale the developer system. According to Elizabeth Stark, the CEO and co-founder of Lightning Labs, the closing of the funding round was followed by the launch of Lightning Loop, a paid product […]

Despite the efficiency improvements that BTC mining hardware has experienced over the years, Bitcoin’s electricity consumption is on the rise, according to a recent report. Bitcoin’s energy consumption ‘is on par with Czech Republic’ Bitcoin miners are usually described as the backbone of the Bitcoin network. These specialized computers are responsible for solving complex mathematical […]

Binance recently announced the introduction of a new Tezos derivative product. The launch of this financial instrument comes at a time when XTZ broke above a multi-year resistance level signaling higher highs. Tezos derivatives on Binance On Feb. 5, the world’s largest cryptocurrency exchange by trading volume, Binance, revealed that it will be launching a […]

Earlier this week, Yahoo Finance and Investing.com both posted and shared an article that falsely claimed Bitcoin’s price plunged almost 56 percent in a single day. The article has most likely been written by a bot in a bit to drive ad revenue to the website due to the popularity of the topic. Well-known financial […]

The Bitcoin price has climbed by 15 percent in the past two weeks from $8,565 to $9,800. While many attribute the upsurge to the coronavirus outbreak, that argument is far-fetched. Bitcoin was on an upward trend regardless Throughout the past 12 months, the Bitcoin price has not demonstrated a clear inverse correlation with the equities […]

Square, Inc, Pantera Capital, and Digital Currency Group announced a $14 million Series A financing round into Transparent Systems, a Seattle-based startup with similar ambitions to Ripple. This is in addition to the $8 million in seed financing Transparent Systems received from Vulcan Capital in July 2018. Transparent Systems said it wants to compete with […]

The rapid spread of the widely feared Coronavirus has sent shockwaves across the global markets and has even led some crypto analysts to note that investors flocking to safe-haven assets as a result of the virus’s spread has bolstered Bitcoin. One other side effect of the Coronavirus’s spread has been the cancellations or delays of […]

After a year of appeals, a U.S. Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin.com, and their respective owners and founders. The lawsuit, filed by Florida-based mining company UnitedCorp, alleged that the defendants colluded during the Bitcoin hash wars, which crashed BCH prices and decimated the company’s mining rewards. […]