Despite their falling prices, bitcoin and its altcoin cousins are just as popular as ever, it seems. Many organizations in foreign nations, including Cielo in Brazil and Bitwala in Europe, are looking to make it easier for customers to get their fingers on digital currencies for payments and investment purposes. Cielo and Bitwala Are Doing […]
Monthly Archives: August 2019
Mark Carney: A Global Digital Currency Could Be a Good Thing
Sometimes, cryptocurrency support comes from the most unlikely candidates. This week, that support comes from Mark Carney, the governor of the Bank of England – one of the world’s largest and oldest financial institutions. Carney: A Global Digital Currency Could Be the Answer Carney has not always been kind to cryptocurrencies in the past. He […]
David Wachsman: A BTC Revolution Is Coming
Bitcoin, at press time, is trading below $9,500 again, meaning it’s back to the same lows it was at roughly two or three weeks ago. The currency continues to sink following a nasty fall that saw it lose more than $600 in less than an hour just a few days ago, yet there are those […]
Billionaire Hedge Fund Manager Eyes $1 Billion Crypto Venture
Coinspeaker Billionaire Hedge Fund Manager Eyes $1 Billion Crypto VentureSuperstar Hedge fund manager Alan Howard has decided to create a unique enterprise which will forever change the crypto space. Created by the UK Crypto asset management firm Elwood management, the system which is currently under development will create opportunities for crypto hedge funds and other […]
Telegram Starts Public Testing of Ethereum-Compatible TON Blockchain
Coinspeaker Telegram Starts Public Testing of Ethereum-Compatible TON BlockchainIt seems that Telegram messenger is planning to begin public testing of its long awaited blockchain, TON (the Telegram Open Network) on September 1.As per Russian business paper Vedomosti, this information was shared with them by a TON investor who got that information from the Telegram messenger […]
Bitcoin Mining Topped $14 Billion, Experts Say It’s Very Concentrated
Coinspeaker Bitcoin Mining Topped $14 Billion, Experts Say It’s Very ConcentratedHowever, it shows that most of the profitability has been gathering around the last three years, where Bitcoin had reached both its most profitable and its most unprofitable price point. Although the largest fall was to somewhere around $3000 it needs to be considered that […]
Cryptocurrency Staking: Reasons Why Crypto Staking is the New Favorite of Miners
Coinspeaker Cryptocurrency Staking: Reasons Why Crypto Staking is the New Favorite of MinersWhen cryptocurrency mining became the talk of the crypto sphere, a lot of holders went into it without having to think about the cost of setting up the expensive equipment required to mine coins. Not only was the equipment for mining expensive, but […]
PBOC’s Cryptocurrency is Meant to Complement China’s Current Fiat
Coinspeaker PBOC’s Cryptocurrency is Meant to Complement China’s Current FiatThis week China fixed the daily midpoint rate for the yuan at levels that haven’t been seen for more than 10 years as Beijing stays locked in a prolonged trade war with the U.S.The People’s Bank of China set the midpoint at 7.1197 per dollar yesterday, […]
Ripple Moves 500 Million XRP Causing Price Drop
Tsk, tsk, tsk Ripple… That’s probably what a lot of cryptocurrency enthusiasts are saying right about now given that Ripple’s cryptocurrency, XRP, is doing so poorly at press time. Currently trading for roughly 25 cents per unit, many believe that Ripple’s move of more than 522 million XRP coins to a new wallet may have […]
Litecoin Foundation and UNICEF Team Up for Kids’ Educations
Financial education isn’t easy to come by. While many colleges around the world have begun to slowly offer blockchain and cryptocurrency courses to students, the numbers are relatively small, and the change isn’t coming fast enough to really get students ready for careers in the blockchain industry. The Litecoin Foundation is looking to change all […]