The South African Presidency is touting blockchain technology to reduce unemployment and drive GDP growth in the country. The South African Presidential Commision on the Fourth Industrial Revolution believes that blockchain technology and Artificial Intelligence could help reduce unemployment in the country. Commissioner Mpho Dagada told the Blockchain Africa Conference in Johannesburg this week that…
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With the markets in freefall due to a ‘black swan’ event, veteran trader Peter Brandt believes that the price of Bitcoin could fall a further 80%. Bitcoin dipped below $4000 today, for the first time since the depths of crypto winter — and one veteran market analyst believes it could have even further to fall.…
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MyEtherWallet has released a mobile app that allows users to buy crypto in 15 seconds flat — but there’s a catch. MyEtherWallet has released a mobile app called MEWconnect that allows users to buy crypto in under 15 seconds — but there’s a catch. Users need to have Apple Pay and face fees of 3.99%…
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Bitcoin price dropped to a new low at $3,637, only to quickly reverse course by rallying to $5,260. Within the last hour Bitcoin price dropped below $4,000 after abruptly plummeting 11.24% to a new yearly low at $3,782. The sharp downside move seems short lived as the price quickly rebounded to $5,260. BTC USDT 1-hour…
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The PlusToken scam project might still have undistributed BTC 61,229 (USD 369 million) that might affect the market, according to investigative firm OXT Research. The widely talked about USD 2.9 billion PlusToken Ponzi scheme pops up on media and research company’s radars ever so often, particularly when they make a move. Following their January detailed…
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The downturn in the crypto market just accelerated, but the long-term bitcoin (BTC) outlook seems intact. (Updated at 13:45 UTC: Updates throughout the entire text) As of press time on Thursday (13:43 UTC), bitcoin traded at USD 6,387, down 19% over the past 24 hours. The move occurred amidst erratic trading in digital assets, with…
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Bitcoin price collapsed to a 2020 low below $6,000 as US markets sharply sold off as investors are unconvinced that the coronavirus is under control. Equities markets and the crypto market continue to struggle as Europe and the United States enact increasingly drastic measures to ward off the spread of the Coronavirus. Among the general…
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Blockchain analytics firm Glassnode reported that the number of crypto wallets containing one or more bitcoins reached ATH of 795,630. Amid the ongoing crypto market decline, the number of crypto wallets containing one Bitcoin (BTC) or more continues to rise. According to major blockchain analytics firm, Glassnode, the number of Bitcoin addresses holding one or…
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Binance is doubling fees for ETH withdrawals due to high ETH network congestion. Fired-up Crypto traders call the decision robbery. Binance announced in a tweet on March 12 that it is doubling fees for ETH withdrawals. The company cited network congestion as the reason for the decision. The tweet specified: “To better facilitate ERC20 and…
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Representatives from Rhode Island recently submitted a bill pushing blockchain adoption in the state. Two state representatives in Rhode Island introduced a new bill promoting blockchain and technology adoption in the state. Rhode Island representatives David Place and Blake Filippi introduced a new bill on March 11 known as the “Rhode Island Economic Growth Blockchain…
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