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Could Bitcoin Be Replaced By a Bank-Based Digital Currency?

There is great fear traveling through the crypto space… Fear that somewhere down the line, bank-issued cryptocurrencies will somehow replace bitcoin and its altcoin counterparts.Will Bitcoin Be Replaced?But is that fear valid? We need to look at a few facts before we can make an official decision. For one thing, these cryptocurrencies issued by financial institutions will be centralized, meaning the banks will be in control of who receives the crypto units and what they can be used for. This...

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Bitcoin SV stürzt ab

Der große Gewinner des jungen Jahres war bisher Bitcoin SV (BSV). Hinter dem Cryptocoin steht Craig Wright, der derzeit in einem Gerichtsverfahren seine vermeintliche Identität als Satoshi Nakamoto zu beweisen versucht. Nun gab es eine neue Entwicklung, die den BSV abstürzen ließ.Crypto News: Bitcoin SV stürzt abAm Ende reichte es für den BSV sogar zu Platz 4 bei den wertvollsten Cryptocoins. Auslöser war das Gerücht, dass Wright seine Identität als Satoshi durch neue Dokumente in einem...

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36% Of Small U.S. Businesses Accept Cryptocurrency Payments, According To A Survey

The crypto community views cryptocurrencies in numerous ways. From trading opportunities to store of value, and occasionally for their real purpose of being used as a payment method.Today, the main topic will be a rather conspicuous one that has been discussed many times, but it needs more awareness – adoption. Furthermore, let’s examine an HSB survey conducted by Zodgy Analytics in the U.S. that shows interesting data regarding small and mid-sized businesses that accept cryptocurrency...

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Ethereum Classic Skyrockets Over 100% with a Dash of Binance Leverage

The ethereum classic price (ETC) rallied 40% over the last 24 hours. ETC has more than doubled this week. ETC is now a top 10 cryptocurrency by market cap. An ETC futures product that launched this week catalyzed the price action. A recent technical upgrade is also a likely factor. The ethereum classic price is riding high on Friday, as a crucial technical upgrade partnered with a dash of Binance leverage to launch the lesser-known altcoin into the stratosphere....

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Maduro: Planes Must Buy Their Fuel with Petros

Oh, President Maduro… You just can’t seem to take a hint. Why do you continue to push a currency that has yet to serve any serious purpose?Maduro To Force Planes to Use the PetroIn his latest chant of “the Petro is da bomb,” Venezuelan President Nicolas Maduro is going out on a limb and claiming that all Venezuelan airlines flying from the nation’s capital of Caracas must purchase their fuel using Petro funds.In a speech to the ruling Constituent Assembly, Maduro announced the following:I...

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Welcome To Altcoin Season 2020 – Bitcoin Price $9000: The Crypto Weekly Report

Last week was nothing but volatile for Bitcoin and the entire cryptocurrency market. Fortunately, the volatility did well. Seven days ago, Bitcoin was trading at around $7,950, while today, the cryptocurrency stands at almost $8,900. This marks an increase upwards of 13% for the past seven days.It’s worth noting, however, that this time altcoins did a great job following. All of the top 20 cryptocurrency projects are trading in the green, with some marking more than notable gains. Bitcoin SV,...

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SEC Stokes Telegram Fire with Court Filing Containing New Revelations

As the legal tussle between the United States Securities and Exchange Commission (SEC) and Telegram rages on, new information has come to light. In a recent filing by the SEC at the District Court for the Southern District of New York, the Commission has again come down hard on Telegram with a few revelations.SEC Says Telegram Described GRAM as a Security New FilingIn a new document filed on Wednesday the 15th of January, the SEC claims that Telegram’s plan was for the Gram token to be...

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Ethereum Classic (ETC) Surges 40% Following Binance Futures Listing

Following this week’s triumphant Bitcoin rally, it seems that dozens of altcoins have been seeing significant price jumps. And today, it would seem that Ethereum Classic has jumped on the bandwagon too.In fact, ETC has seen a huge surge of about 40% over the course of the last 24 hours and as of today, Friday, January 17th, 2020, is sitting in around $11.6. ETC/USD. Source: TradingViewThat’s a 280% increase after ETC hit its lowest price of $3.50 at the end of last year.The popular opinion is...

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Ethereum 2.0: Resolving Network Problems as Investors Ride Positive Sentiment

Ethereum, the number 2-biggest crypto with a recent market value of $18 billion, gained ground after a brief retreat on Thursday. The coin gained more than 3% daily and 2.8% since early Friday. The ETH/USD attempted to surpass $175.00 but the move proved unsustainable and the currency plunged beneath the $170.00 price level while investors ride on positive sentiment.The major considerations why Ethereum could not improve to service the developing market was because it did duplicate Bitcoin‘s...

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Crypto Asset Manager Grayscale Set Record with $600 Million in Investments in 2019

The last year of 2019 proved magical for the venture capital firm and crypto-asset manager Grayscale Investments. Recently, the company released its “2019 Digital Asset Investment Report” registering a record-breaking $600 million investment in a single year.The record-breaking yearly performance was the result of a record-breaking Q4 2019. In the last quarter of 2019, Grayscale garnered $225 million in different investment products, clearly hinting at a larger market trend.Besides, the...

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