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Bitcoin just broke $10,000 after the markets settled following Facebook’s Libra reveal. The cryptocurrency markets were in the red across the board following Facebook’s Libra announcement, a stablecoin which pundits say is an attempt at a new world currency. Most coins saw low single-digit losses. Pundits were divided on how Libra would impact Bitcoin. Facebook’s […]

Algorand, a Boston-based blockchain company, raised over $60 million in a token sale held on CoinList. When combined with the Algorand Foundation’s token distribution fund of 2.5 billion Algos it would have a market cap of $6 billion, putting it at seventh above Binance Coin and below EOS. Algorand’s token sale implies a $6 billion […]

Facebook’s newly announced stablecoin has been the focus of the entire industry, as many experts believe it could act as a gateway for Bitcoin for its 2.4 billion-strong user base. Exposure to a relatively stable digital asset such as Libra could make people interested in other, more decentralized and privacy-focused cryptocurrencies. Libra could be a […]

The top three altcoins seem to have entered a bull market as more investors show signs of fear-of-missing-out. This technical analysis will determine whether Ethereum, XRP, and Litecoin are poised to continue surging following the massive rally that they all have experienced since mid-December 2018. Ethereum A bullish engulfing pattern has formed on Ethereum’s 1-week […]

eToro, one of the leading social trading platforms, published its analysis of the Libra whitepaper, saying that it was a seismic moment for global finance. The platform would be listing Libra both on their crypto exchange eToroX and their trading and investment platform eToro.com. FAANG company enters finance Facebook’s Libra has been one of the […]

Bitcoin’s current market capitalization would make it the 9th largest monetary system in the world, ahead of the Korean won and behind the Russian ruble. Bitcoin continues to grow The monetary base is defined by the US Federal Reserve as: “The sum of currency in circulation and reserve balances—deposits held by banks and other depository […]

Ernst & Young revealed that QuadrigaCX, a failed Canadian crypto exchange that lost almost $190 million of its users funds, may have committed fraud. Auditors found that the exchange’s late founder and CEO transferred user funds off QuadrigaCX and used them for margin trading on other exchanges, losing millions. New report uncovers the truth behind […]

KuCoin listed Binance’s native cryptocurrency Binance Coin, with India-based Bitbns following suit, making BNB accessible to another 1.3 billion people. Binance Coin reaches a broader audience In a blog post, KuCoin, a Singapore-based cryptocurrency exchange, announced that it will support the projects running on Binance Chain and list Binance Coin (BNB) in order to meet its […]

The 2019 Asia Blockchain Summit could be preparing to host a debate between BitMEX CEO Arthur Hayes and crypto-skeptic Nouriel Roubini. Hayes vs. Nouriel The Asia Blockchain Summit is considered the biggest blockchain event in Asia, and this year it will take place in Taipei, Taiwan, from July 2nd to 3rd. The event awaits to […]

MetLife, one of the globe’s largest providers of insurance, is using Ethereum to transform the life insurance claims process. Using Ethereum to transform life insurance LumenLab, MetLife’s Singapore-based incubator, is collaborating with media group Singapore Press Holdings and insurance cooperative NTUC Income to release “Lifechain,” a smart contract platform built on Ethereum, reported Forbes contributor […]