Crypto news

In an industry like this, where cryptocurrency prices are highly volatile and unpredictable, putting all eggs in one basket could be quite risky. Many got to know this the hard way, while some learned from the experiences of others.  A recent Twitter poll revealed that an increased number of crypto traders and investors are now expanding their portfolios to include more than one digital currency, including Bitcoin. 46.7% of Traders Invest In BTC and 5 Other AltcoinsPopular cryptocurrency...

Bitcoin cash community splintered by 12.5% miners tax proposal. Tax plan will be activated via involuntary soft-fork on May 15. BCH users are furious with the sudden – and unavoidable – six month protocol change. Bitcoin cash miners will be forced to pay 12.5% of their mining rewards to a Hong-Kong based company, or else risk being booted from the BCH network. That’s according to a proposal put forward Wednesday by Jiang Zhuoer, CEO of BTC.TOP – the largest mining...

The New York Securities Exchange (NYSE) market shows the Wednesdays boost has resulted in a cool-down, with a visible 3% profit. IBM has its fourth-quarter sales stable from year to year, totaling $21.8 billion. However, IBM bought Red Hat on July 9, 2019. Then, promised a 60% premium bonus for the workers of Red Hat if they hurry up with developing the hybrid-cloud server software.IBM is showing a big interest in the open-source software company which is probably one of the few software...

On Wednesday, it got about that American online payments company PayPal had partnered with UnionPay International (UPI), a subsidiary of the Chinese leading payment processor UnionPay. For both companies, the deal is a good way to expand their networks and penetrate into new markets.Jim Magats, senior vice president of global payments at PayPal, commented:“At PayPal, we are proud of this landmark agreement with UnionPay International and the global impact that this creates for our joint...

In an interesting turn of events, Amazon is seeking a court injunction against Microsoft. Amazon wants the courts to prevent Microsoft from continuing with the popular Pentagon cloud project until all related cases are resolved.Amazon Looks to Stop MicrosoftIn October last year, the U.S. Department of Defense (DoD) announced that it will be awarding Microsoft with the Pentagon contract. Called the Joint Enterprise Defense Infrastructure (JEDI), the project is worth $10 billion. At the time,...

The altcoin market cap may be bottoming out. One trader suggests that the altcoin market cap is mirroring bitcoin’s 2011-12 cycle. If the analyst is correct, there’s a chance we will see gains similar to the profits made in the 2017 bull market. Many people got rich during the 2017 crypto bull market. I’m not just talking about those who timed bitcoin before it exploded to $20,000. There were speculators who traded altcoins and waited for them to skyrocket in value...

As it has become known at the World Economic Forum (WEF) in Davos, the top organizations of the planet will join Refinitiv’s alliance to be able to research and edit the investment markets. Governments and corporations usually invest using the consensus of decisions of top officials. So basically, investment is a form of art. Now it is time to take a step into the future by turning data gathering into the science.David Craig, Refinitiv CEO, noted:“The need to channel capital towards the UN...

Ripple is making innovations with cross-border payments but is also slowly becoming a force to be reckoned with in gaming. As SBI Investment Korea Director Lee Joo-Hyuk put it, the company is at the center of blockchain use in the gaming industry.Ripple in Blockchain GamingThe investment exec made the comment, referring to Ripple’s involvement with blockchain gaming last year. In spring 2019, San Francisco-based Forte game company announced a partnership with Xpring, Ripple’s investment...

Peter Schiff admits that he mistook his PIN for his password. It’s very unlikely that the gold bug never knew his password and PIN. Schiff is getting thousands of engagements while running a smear campaign against bitcoin at no cost. On Sunday, outspoken bitcoin-hater Peter Schiff took to Twitter to share an outrageous claim. According to the gold bug, he lost all of his bitcoin because his Blockchain wallet forgot his password. Of course, Crypto Twitter (CT) had a...

There’s good news for Bitcoin investors and enthusiasts! The study of some on-chain metrics and Bitcoin wallets shows that the world’s largest cryptocurrency has been in the accumulation zone over the last 12 months.As on January 14, nearly 784,000 addresses were holding one or Bitcoin tokens. This is also an 11% surge from the 707,000 addresses holding BTC a year ago. Furthermore, the blockchain intelligence company Glassnode noted that total addresses holding BTC have doubled since...