Tether is under the spotlight amid a massive pullback in the cryptocurrency market. The top 50 cryptocurrencies saw massive price corrections last week, coming to a head on Feb. 2. The total market capitalization dropped to just over $400 bln at the time of writing- amid massive uncertainty across the...
Nobel Prize winner and economist Robert Shiller, gives his opinion on Bitcoin in a CNBC interview from earlier today. Robert Shiller said in his interview that bitcoin will “totally collapse”, and that the current crypto- craze reminds him of the “tulip mania” that once occurred centuries ago in the Netherlands. The...
Thankfully, the noxious love-a-thon that is Valentine’s Day is now out of the way for another twelve months. The Hallmark holiday once again drummed up suitable trade for restaurants, jewellers, and purveyors of assorted heart-shaped tat across the planet. No doubt after being indoctrinated into making the most flamboyant...
Virgin Money, a financial services company present in Australia, South Africa, and the United Kingdom, has followed several US and British banks by banning credit card purchases of cryptocurrencies. A spokesperson for Virgin Money told BBC that, "Following a review of our policies, I can confirm customers will no longer be...
HashChain Technology Inc. (HashChain) has acquired the blockchain technology company NODE40 for $8 million USD and 3,144,134 common shares of stock in HashChain (TSXV: KASH) (OTCQB: HSSHF). HashChain is a Canadian-based crypto-mining company that currently operates 100 Dash mining rigs and is in the process of setting up nearly 4,000...
Cryptocurrency has always been an industry dominated by male investors. Even though women are active in Bitcoin too, they are vastly outnumbered. Deloitte’s Duncan Stewart noticed some interesting correlations in this regard. His findings show the male traders are more prone to pumping the Bitcoin price. More specifically, it is...
About six months ago the news was littered with companies that were looking to integrate Bitcoin as a payment system. However, in the fast-paced cryptocurrency ecosystem, things have changed dramatically. Now, there is a host of companies either turning away from Bitcoin or doing a full U-turn. Microsoft recently announced...
SegWit Adoption SegWit adoption has been steadily rising since its release in August 2017, albeit not as quickly as some would like. The problem is that it has to happen piece by piece, with each wallet, exchange, or other service provider rolling out the compatible address itself. Because each organization has both...
One of the largest cryptocurrency exchanges in Japan has fallen victim to hackers thanks to their negligent storage practices. Coincheck Inc., have announced today that around half a billion dollars worth of the digital currency NEM have been transferred without permission from the company’s hot storage wallet. The news...
Since Bitcoin took a tumble from the great heights of $20,000, the positive predictions have abated with the bears emerging from their caves, getting more vocal as they do. In such a market for Bitcoin, it is easy to predict downturns, which is fueling many anti-Bitcoiners to spread negativity...