Crypto news

Popular crypto exchange Binance which has been working on a fiat trading solution for its customers is finally ready to launch. To kick-start this innovation, the exchange will work with Russian rubles in the beginning phase.This interesting development was made public on Monday by Binance CEO, Changpeng Zhao, at the Open Innovations conference held in Moscow, Russia. He revealed that in the next two weeks the fiat trading option for Russian rubles should be available on the exchange, making...

The price of bitcoin has been heading south over the past three months, but one quant analyst that goes by the name of PlanB on Medium predicts that the flagship cryptocurrency could surge in the coming days. Bitcoin halving will send the price soaring PlanB’s price model is based on the scarcity of the cryptocurrency. The analyst predicts that bitcoin will hit a market capitalization of $1 trillion after the next halving event occurs in May 2020, giving each token a valuation of $55,000....

Stephen Moore, an economic commentator and a former member of The Wall Street Journal editorial board, will launch a stablecoin dubbed Frax. The coin will be pegged to the U.S. dollar, providing stability but differing from other stablecoins in that it will rely on a fractional reserve system. Moore is also President Trump’s former pick for the Federal Reserve board.A New StablecoinStephen Moore has been vocal in opposing the Federal Reserve’s current plans and interest rate raises. He’s a...

Bitcoin IRA is teaming up with Genesis Capital to give crypto investors the chance to earn higher interest rates by lending out their digital cash funds.Bitcoin IRA: A New Way to Do CryptoBitcoin IRA is one of the only companies of its kind. Instead of building a client’s retirement account utilizing USD or fiat or precious metals, the entire account is built on cryptocurrency. It might seem a little risky considering just how vulnerable cryptocurrencies can be, but Bitcoin IRA is developing...

Crypto enthusiasts see bitcoin as a unique asset. Many rely on the cryptocurrency as a store of value while others use it as a payment solution, especially for transactions that involve huge sums of money. Chief executive of BullBitcoin enumerates the use-cases of bitcoin. | Source: TwitterOutside of the crypto community, however, many see the king of cryptocurrencies as an unreliable asset. Recently, the Group of Seven (G7) nations released a study that emphasizes how bitcoin has failed to...

Binance Coin saw a slight increase of around 1.11% over the past 24 hours and it currently trades at $18.21. This small growth follows a much larger 14.55% surge over the past 2 weeks. Despite the recent rebound, BNB still faces a long road to recovery after suffering a 35% plummet over the last 3 months.Binance Coin remains the seventh-largest cryptocurrency with a market cap of $2.85 billion.Since our previous BNB analysis, Binance Coin continued to trade sideways, unable to break above the...

Satoshis Games Studio has announced the first-ever Bitcoin battle royale game, dubbed Lightnite in a rather conspicuous reference to Epic Games flagship Fortnite, albeit without the fanfare of its game-changing Chapter 2 launch. So how does it work? What Is Lightnite? As of writing details are scarce, but Lightnite features all the trappings of any battle royale shooter worthy of the name, except with the Bitcoin twist mixed in. In a Medium post sharing the announcement, Satoshis Games...

German multinational software corporation, SAP has announced recently that it has entered into an official partnership with Microsoft. A Reuters report states that the partnership, which will last for 3 years, is to facilitate the company’s decision to help customers’ move their core business activity and processes, to the cloud.According to SAP’s Co-Chief Executive Officer, Jennifer Morgan, the partnership is dubbed “Embrace” and will assist the company’s many customers to continue their...

[PRESS RELEASE]The cryptocurrency market is known for the opportunities that it brings. These include the following. Unlike traditional Stock and Financial markets, crypto offers 24-hour and worldwide trading opportunities. It is still in its infancy and it has a long way to progress. Since Bitcoin was created in 2009, the market has definitely made a lot of people wealthy. Bitcoin, being the first cryptocurrency, has already seen a few bull runs. Despite many new riches which derived from...

HuffPost is apparently on its way out of the Verizon media group. Sources indicate that Verizon has already started pitching the idea of a potential sale to buyers who may be interested in acquiring the internet media organization. Although officials from Verizon declined to comment on the issue, this move amidst others indicates a shift of focus for the US-based communications company which comes as Verizon’s media arm seems to be sliding down in value.About a month ago, Verizon wrote down...