Welcome to your crypto-week summary. Let’s see what happened. While financial professionals say BTC will outperform S&P 500, a Manhattan condo was paid for with BTC and Buterin said that Bitcoiners may change their minds on PoS. Bakkt opened its Bakkt Warehouse to all institutions, Justin Sun confirmed that he invested in Poloniex and TRX…
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Bitcoin price is teetering on the edge of more downside and is at risk of crashing below $8,400 as the bulls are running out of time to step up. Bitcoin (BTC) price is still retracing from the massive rally two weeks ago, which leads the sentiment to turn bearish. Several signs indicate that the price…
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A peek at the Reserve Bank of India’s views on cryptocurrency regulation and its exploration of central bank digital currencies. Cryptocurrencies, with a market capitalization of over $200 billion, can no longer be dismissed as just a fad. While still making up only a tiny fraction of overall global financial markets, they have matured from…
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Ten years in, and crypto is still largely unregulated and uncontrolled in many parts of the world. But over the past couple of years, a growing number of countries have introduced cryptocurrency regulations, with varying degrees of permissiveness and restrictiveness. These countries include Switzerland, Japan, Lithuania, Malta, and Mexico, which in previous years have Read…
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ConsenSys CSO Sam Cassatt is launching a new blockchain-oriented investment firm, Aligned Capital. An executive at the Ethereum blockchain firm ConsenSys is launching a new blockchain-oriented investment firm, Aligned Capital. Sam Cassatt, the chief strategy officer (CSO) at ConsenSys, announced that the firm will be seeking to raise $50 million for its first fund in…
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Internal Revenue Service Criminal Investigation Chief John Fort said that the regulator is looking into potential tax issues caused by Bitcoin ATMs and kiosks. United States Internal Revenue Service (IRS) Criminal Investigation Chief John Fort said that the regulator is looking into potential tax issues caused by Bitcoin (BTC) ATMs and kiosks. According to Bloomberg…
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Forgoing crypto’s main principles, proof-of-authority is used by world giants and tech companies for better efficiency and scalability. While the proof-of-authority consensus algorithm is turning into perhaps one of the most mature versions of blockchain technology. It is faster than other algorithms, more scalable, and does not depend on mining. Market leaders Walmart and GE…
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From digital toys to “collectible” athletes, now might be a great time to get into crypto collectibles. Speaking on stage at BlockShow Asia 2019 in Singapore, True Global Ventures 3d founder Dusan Stojanovic said the time to invest in crypto collectibles is “right now.” Some investors regard Bitcoin as a “safe haven” asset, and see…
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Experts at BlockShow Asia 2019 discussed AI’s dependence on blockchain to secure our decentralized digital future. Speaking at BlockShow Asia 2019, Todalarity CEO Toufi Saliba posed a hypothetical question to the audience: “How many people would take a pill that made you smarter, knowing they can be controlled by a social entity?” No one raised…
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A successful hard fork for the altcoin only took 77% of miners with it, leaving the rest spending money validating the old chain. Bitcoin Cash (BCH) miners appear to have wasted money mining 14 blocks on the wrong chain after the altcoin underwent a hard fork. According to data from monitoring resource Fork Monitor on…
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