Crypto news

The maiden halving event will cut the Zcash inflation rate from 25% to 12.5%, which is significant because the privacy-focused altcoin has been hampered by high inflation since its inception in 2016. A series of halvings every four years beginning with today’s one in around six hours’ time which will decrease inflation substantially. Zcash block rewards will also be cut from 6.25 to 3.125 ZEC per block. Messari crypto noted that it will also undergo its fourth network...

If you have some Bitcoin in your wallet – and you live in Brazil – you can attack your country’s electoral infrastructure and bring the public institutions to their knees while people express their anguish as they wait for the results of a critical election to measure the leadership of the current president, deemed the Donald Trump of South America. Last weekend, Brazil had its municipal elections. More than 57,000 new council members were elected (the exact number has not...

Bitcoin is all the rage as of late, and it looks like more companies are looking for ways to reward their customers with the world’s number one digital currency by market cap. We all require groceries each month, and thus one of the largest grocery retailers in America – Kroger – has stepped forward and is offering its customers regular bitcoin rewards just for making normal, everyday purchases at their outlets and stores.Kroger Is Offering BTC Rewards to ShoppersOver the past week or so,...

One of the big stories centering on bitcoin during the latter half of 2020 was the fact that Square – a company operated and owned by Twitter founder Jack Dorsey – has purchased a large sum of it.Square Has Bought Bitcoin – So What Have We Learned?Last month, the company announced that it had made a $50 million investment in the world’s number one cryptocurrency by market cap, and that it had also earned quite a bit of bitcoin-related revenue during its final quarters of 2020. This is a...

Bitcoin shows absolutely no signs of slowing down. After taking over $16,000 a few days back, the cryptocurrency is now trading well over $17,000 on its way to the former all-time high. The last time the price was this high, it only took six days to reach its ATH value. This happened back in December 2017. Bitcoin Price Blasts Through $17K It’s safe to say that bitcoin’s price has been on fire throughout the past couple of weeks. The cryptocurrency is up an astonishing 53% in...

Bitcoin has stumbled over the past 24 hours, falling back below the $16,000 line. At the time of writing, the currency is selling for just over $15,800, about $500 less than where it stood in its recent prime.Bitcoin Has Backed Off a BitAnd yet, analysts don’t seem bothered by this. In fact, they claim that the currency is likely to encounter “minimal resistance” as it continues to reach towards $20,000. This is the sentiment of industry experts such as Jason Lau, the chief operating officer...

Bitcoin price has erupted through the psychological $17,000 level today. It is now breaking through the first high set way back in January 2018, after the primary cryptocurrency crashed from its all-time high level of nearly $20K. This is the first time Bitcoin has been above the $17,200 mark in 1,066 days. Over the last 40 hours, $32 billion has flooded back into the crypto markets – according to data by CoinGecko. It’s been speculated that one of the main catalysts for this...

XRP/USD – Bullish Explosion Leads To XRP Hitting $0.3 Key Support Levels: $0.295, $0.29, $0.286.Key Resistance Levels: $0.3, $0.31, $0.321. XRP penetrated above a symmetrical triangle last week as it started to climb higher again slowly. The coin penetrated above resistance at $0.261 and pushed higher into the $0.271 level (bearish .618 Fib). The coin stalled here for a couple of days but managed to surpass it yesterday as it surged toward $0.29. Today, XRP continued higher...

The blockchain software giant ConsenSys has acquired the DLT development project Truffle for an undisclosed amount. The Truffle Suite addition is aimed at enabling ConsenSys to provide an even more comprehensive set of blockchain development tools to its customers. ConsenSys Acquires Truffle The New York-based blockchain company announced the new purchase in a press release shared with CryptoPotato earlier today. Although it hasn’t disclosed any specifics regarding the deal,...

The world just witnessed the deeply debated (only from the ones who lost) results of the 2020 US Presidential election. More than a week ago. Republican party members, including their leader and the 45th President Donald Trump, crying foul calling the polls rigged. Nonetheless, Joseph Biden will take up the coveted position as the leader of the nation. The election process was carried out using the good old paper ballot system. Could blockchain replace it and make the vote...