Category: cryptocurrencies

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Protocol upgrades and Google Cloud integration lift EOS price 245% in 2021

EOS price hit its highest level since 2018 after protocol upgrades and big-name collaborations attract institutional investors. On April 16 EOS price soared to a new high at $8.49 and the current market structure for the altcoin suggests there is room for further upside. EOS initially made headlines during the ICO craze of 2018 when…
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What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies

Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash doubled as altcoin forks have started to gain traction. It’s undeniable that Bitcoin (BTC) and Ether (ETH) are currently the two most dominant cryptocurrencies, and as a result, they receive most of the attention from the mainstream media, institutional investors and…
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Visa, JPMorgan and ING discuss Bitcoin, Ether and stablecoin development

Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on Bitcoin’s role as an investment tool, along with the future of stablecoins. If 2021 has taught us anything about digital currencies, it’s that big banks and major payments providers are now feeling more comfortable with Bitcoin (BTC). While the CEO of PayPal and…
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Turkey to ban cryptocurrency payments

Turkey’s central bank is also banning payment providers from offering fiat-to-crypto onramps for cryptocurrency exchanges. A new ban in Turkey will prohibit crypto holders from using their digital assets for payments, in addition to preventing payment providers from adding funds to their digital wallets at crypto exchanges. According to a Friday announcement by the Central…
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Blockchain is hard for developers and everyday users. Is it getting any easier?

The blockchain sector has known for years that technical hurdles need to be eliminated for mass adoption to take place. Has any progress been made? For several years, one of the biggest hurdles to blockchain adoption has concerned the fact that it’s a rather technical space. Experienced developers find it daunting to build decentralized apps…
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Shift toward full decentralization pushes Maker (MKR) price above $4K

Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized. Stablecoins have become a significant foundational piece for the cryptocurrency sector because they serve as a deeply liquid base pair for most assets and also offer investors a secure place to capture gains. Data also shows that…
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Miami commissioner wants to let residents pay taxes in Bitcoin

A new resolution would establish a task force to study crypto in Miami-Dade county’s public administration. A Miami-Dade County commissioner is backing a new resolution to allow residents to use cryptocurrencies like Bitcoin (BTC) to pay local taxes. According to a Thursday document acquired by The Miami New Times, county commissioner Cohen Higgins has brought…
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Nearly 75% of professional investors see Bitcoin as bubble: survey

Bank of America asked 200 professional investors with $533 billion in assets under management about their opinions on Bitcoin. Bank of America released a new survey that found that the majority of professional investors are not very optimistic about the world’s largest cryptocurrency. Nearly 75% of respondents in the April BofA Fund Manager Survey said…
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There will be drama, warns WEF expert on Bitcoin regulation

Recent events in the crypto space have the smell of victory, but only represent small battles in an ongoing war. “Dramatic” changes are on the way. Those who oversee the traditional finance sector won’t just let Bitcoin (BTC) wander off into the sunset without a fight. That’s the sentiment expressed by the World Economic Forum’s…
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$420M in leveraged long traders liquidated after XRP rallies to $1.96

XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed? XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.  In addition to achieving its highest level…
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