Bitcoin (BTC) investors are preparing for a controversial rival. Blockchain and analytics platform Blockchair claims there’s an altcoin coming for the top crypto crown within the next five years. The firm’s lead developer, Nikita Zhavoronkov, claimed that the new coin will have everything BTC lacks. This includes smart contracts, new privacy features, and scaling technologies. …
Ethereum Could Overthrow Bitcoin Within Five Years Read More »
Litecoin (LTC)’s Doji candlestick reflected much of the crypto market’s economic uncertainty this week. Bulls pushed the coin’s price up to $49.90 earlier in the day to pull back later on. For now, predictions remain biased to a bullish momentum throughout the week. If the coin closes above the near-$50 high, it could reach beyond …
A de facto fintech crypto-friendly startup Arival Bank is preparing to launch beta testing on Thursday. The Puerto Rico-based firm now has a team of 20 with offices in Singapore and Miami, Florida as well. However, you might need to show what’s in your wallet to bank with Arival. This allows its blockchain (provided by …
Puerto Rico-based Arival Bank Integrates Crypto Exchanges Read More »
Ethereum is in quite the predicament: it’s only half the week, but the crypto coin has still met astounding volatility. In fact, it moved to the $230 region for the past three days and is on track to $300. In fact, the coin met resistance at around $255 by the evening with what looked like …
Ethereum Meets Mixed Reviews – Which Way Will it Go? Read More »
Cryptocurrency criminals are blooming in spring, or as it seems. Blockchain analysis firm CipherTrace found near $1.4 billion-worth of crypto stolen over the first five months of 2020. The loss across the asset class is on its way to become the second-most expensive loss in crypto history. The first was just last year, which saw …
The United Arab Emirates’ (UAE) largest retail and business bank, RAKBank, selected Ripple’s blockchain to provide cross-border payments from here on out. Ripple provides distributed ledger payments products for financial institutions. Announced Sunday, the partnership will now allow UAE locals to transfer money between accounts at the two institutions within a day. RippleNet’s blockchain technology …
Tether (USDT) Treasury unexpectedly minted another 120M USDT recently, even after it exploded by over 43% since early March. Nonetheless, the Treasury is showing no signs of slowing that down. The stablecoin’s market cap surged in March to a total amount of assets raising to $6.9 billion. Reports first announced the crypto’s increase above its …
Amid domestic economic issues, alongside a nationwide COVID-19 led lockdown, India resorts to crypto assets. The country’s highest court recently put aside the Reserve Bank of India’s order dated April 6, 2018 that prohibited banks from dealing with cryptocurrency assets, prompting heightened activity in the network. Founder and CEO of cryptocurrency exchange CoinSwitch, Ashish Shinghal …
India’s Crypto Consumption Sees Eye-Boggling Rise Read More »
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