Crypto news

Joseph Davis who is the Vanguard Group Chief Investment Strategist and also its Chief Economist has said that stocks in the U.S. may reverse course by 50% in 2020. The strategist also asserted that the stocks also face the risk of being sold off in large moves by investors. Speaking to the sources, he said that:“Financial markets run the risk of getting ahead of themselves.”He pointed out that a 50% odds correction is more likely to occur than a 30% one. A correction in terms of percentage...

It seems China was really serious when talking about its digital currency. Even though China was trying to forbid cryptocurrency mining and trading, for the last three months it is in the process of creating its own.Head of the People’s Bank of China’s (PBoC) Digital Currency Research Institute, Mu Changchun, stated that the country’s digital yuan is finally ready for trials. The central bank digital currency (CBDC) will, as per the announcement, not come as a volatile asset like Bitcoin or...

Well, well… Here’s some exciting news. Tim Draper is joining the ranks of people like Ross Ulbricht and claiming that 2020 will be the year in which bitcoin hits new heights.Tim Draper Is a Man of Wild PredictionsPreviously, the venture capitalist claimed that bitcoin would likely hit the $250,000 mark by the year 2022. He later pushed his prediction back a few months to 2023, but now he’s moving everything forward by roughly three years. He thinks bitcoin could easily reach this figure by...

The Bakkt Bitcoin futures exchange, owned by the Intercontinental Exchange (ICE), has just appointed a new chief executive officer (CEO). According to an official press release, the company’s former Chief Product Officer Mike Blandina, has now been promoted to the role of CEO. Blandina already assumed the position on Friday, Dec 20.The appointment of a new CEO was necessary because the company’s founding CEO Kelly Loeffler had to leave the position after her appointment to the United States...

Tim Draper has suggested he will not tolerate religious discrimination. The Draper Venture Network is currently invested in India. The venture capitalist earlier this year criticized a proposed cryptocurrency ban in the world’s biggest democracy. Bitcoin billionaire Tim Draper is not one to shy away from controversy. As protests escalate over India’s Citizenship Amendment Act (CAA), Draper has warned that the new law could harm the subcontinent’s power to attract investors such as him. Per...

The mystery behind the anonymous Bitcoin founder – Satoshi Nakamoto – continues to be the topic of discussion. Over the last decade since the Bitcoin inception, Nakamoto remains unidentified. However, nChain Chief Scientist Craig Wright has repeatedly claimed himself as the identity behind this mysterious name.In the latest development, Craig Wright has shared a timestamped document that explains the roots of the “Satoshi Nakamoto” name. During his interview with Modern Consensus, Wright...

TRON’s Just.Game becomes No.1 Dapp within hours of launch. Over 500 million in TRX has been sent to the automated smart contract. Critics say the app’s structure too closely resembles that of a Ponzi scheme. A new decentralized application (Dapp) promoted by TRON founder Justin Sun has racked up over 500 million TRX mere hours after its launch. Just.Game describes itself as an “autodecentric (self-decentralizing) organization.” To play the “game,” a user must send TRX to the Dapp’s smart...

Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has recently appointed a new CEO as Kelly Loeffler stepped down. The former CPO of the company, Mike Blandina, will take her role, and, at the same time, the former COO, Adam White, will serve as President.New CEO and President of BakktBakkt has recently announced a change of leadership within the company, starting from December 20th. The Bitcoin Futures trading platform of the Intercontinental Exchange (ICE)...

NULS Blockchain platform has become the latest victim on the success list of crypto hackers after a security breach leading to the theft of about $480,000 worth of NULS token. According to an official announcement about the situation on Twitter, NULS said that the hackers compromised the account of the NULS team, and a total of 2 million tokens was stolen, which is about 2% of over 73 million tokens in circulation. Cause of Attack And The Next StepOut of the stolen 2 million tokens, 548,354...

According to a recent report from Bloomberg, Tesla is making interesting strides with its car factory as it has now inched very close to erection. Per a statement from the Brandenburg state government, authorities have agreed to the terms of a contract between both parties, for the sale of land in Grunheide, a municipality close to the capital. The land near Berlin is 300 hectares large (741 acres) and will house the gigafactory that will be built by Tesla.Apart from the terms stipulated in...