Iranian president tasks central-bank to set out a nationwide crypto mining strategy

The President of Iran has recently given officials at the central bank a task to come up with a plan for a national crypto mining scheme.  A report came out at the end of last week that stated officials were briefed during the 137th session of the economic coordination headquarters of Iran which was chaired […]

Notes on a digital currency plan, made in China

The expansion of the central bank’s pilot is the first such serious initiative in the world While the world is grappling with the fallout of COVID-19 and speculating on how far China can be blamed for the pandemic, a silent digital revolution is taking place in China. On April 29, 2020, the People’s Bank of […]

Iranian President Orders Govt to Draw Up a National Crypto Mining Strategy

In a surprising move, Iranian President Hassan Rouhani wants the government to further explore cryptocurrency mining. Rouhani told officials at the Central Bank of Iran that they needed to create a national strategy for cryptocurrency mining. This includes regulations and estimates for mining revenues. The story was first reported by Iranian news site ArzDigital on Wednesday.  […]

The halving effect – Are Ethereum whales switching to Bitcoin?

The number of ETH whales has reduced drastically in 2020 despite the currency’s surging prices and institutional adoption.  Glassnode’s data indicates that unique addresses holding over 10,000 ETH dropped to just 1,050 on May 14. This number is a new low since January 2019, indicating a year of outflows from Ethereum.  Data from the analytical […]

Bitcoin vs Ethereum close up comparison

Since its launch in 2009, Bitcoin has become the most famous and valuable cryptocurrency on the market. But it is not the only key player in the industry. In 2015, Ethereum entered into the fray with game-changing features like smart-contracts and Dapps. Despite the fact that, Bitcoin and Ethereum are the two leading cryptocurrencies on […]

University of Waterloo Professor Says XRP Will Boom among Businesses than Bitcoin

A professor at the University of Waterloo, Anwar Hasan, in partnership with Ripple blockchain research institute and Research Associate Crystal Roma, has confirmed in a research that the XRP blockchain network will boom among businesses than Bitcoin. While analyzing the impact of blockchain technology and cryptocurrency on the planet, Professor Hasan said Ripple has the […]

Facebook Libra vs. Bitcoin

There are a lot of cryptocurrencies out there, but it surprised a lot of people when Facebook made headlines by announcing its own. Libra has been available to purchase since 2019, but many people still aren’t sure whether they should take the plunge and buy a few shares.  Luckily, we’ve gone ahead and done a […]

Bitcoin is ready to fight economic turmoil; history is proof of that

The crypto-space has seen some really bad days since March 2020 – The main reason being the ing coin’s failure to act as a safe-haven asset during the recent market crash. Many in the space raised questions over the readiness of BTC and opined that the coin was still in its experimental phase. However, a […]

China Court Says That Ethereum Is Property And Has Economic Value

In a recent write-up, a defendant named “Li” was convicted of theft for having stolen cryptocurrency from his previous company following his firing. Li had resigned from the company on May 31 due to underperformance after a probation period. The defendant used his knowledge of the private key and payment password from his previous company’s […]

Top 5 Reasons Why Bitcoin Is Poised To Cross $10,000 Before The Halving

Amidst the oil market madness, can Bitcoin (BTC) pull through to hit $10,000 before the halving? Can Bitcoin brace the current market and rise beyond the $10,000-mark before the halving? Here are our top 5 picks in favor for a bitcoin bull rally.  1. Bitcoin (BTC) spikes above $6,900 breaching above SMA 50 Looking at the […]

Binance Launches Its Own Smart Contract-Enabled Blockchain To Challenge Ethereum

Binance, the world’s largest cryptocurrency exchange has released the Whitepaper for its new Binance Smart Chain (BSC) that will operate parallel to the current Binance Chain. This new chain will have smart contract capabilities and it will run independently. Smart contracts are computerized protocols that enable the smooth running of decentralized applications. In the crypto […]

Bitcoin Network Activity Has Plunged, What is Going On?

The crypto market is recovering from the price drop earlier this month, yet the daily number of Bitcoin transactions continues to decline. This data anomaly reflects changes underway in how the flagship cryptocurrency is being used. It may reflect a greater trend moving forward.  MORE HODLING, LESS TRADING Daily transaction activity began to grow steadily […]

Microsoft Files Patent Application for Crypto Mining System Powered by Human Activity

Microsoft has proposed a system that can mine cryptocurrencies using data collected from humans as they exercise or read an advertisement. In a patent application filed with the World Intellectual Property Organization (WIPO) Thursday, the American computer giant said sensors could detect activity associated with specific tasks – such as time spent viewing ads – […]

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