At the time of writing, Ethereum was trading close to 1% at its current price of $ 185, a slight increase from its $ 182 low yesterday.The recent volatility of the cryptography markets has led ETH price action of large exchange rate chains like Ethereum to form a close correlation with that of Bitcoin, which means that the aggregated market has plunged into a phase of lateral trading overtime in last days.The situation remains tense and with a clear downward movement of Ethereum prices,...
Read More »SoftBank and Naver to Create a Joint Tech Giant in a Bid to Sidestep Competitors
Japanese multinational conglomerate holding company SoftBank has announced its decision to unite its search engine Yahoo Japan with a popular chatting app Line owned by Naver Corp. Within the agreement, Yahoo Japan and Line will merge and create a joint business to develop new opportunities for protecting themselves against competitors.According to the announcement, SoftBank and Naver will each hold 50% of a new holding company that will operate both Line and Z Holdings (Yahoo Japan’s...
Read More »Tim Draper: The Lightning Network Will Improve BTC
Tim Draper has always been a huge bitcoin advocate, but in a recent interview, he explains why he’s so convinced BTC is headed for the stars and beyond.Draper Says the Lightning Network Will Do Great ThingsIn the past, Draper has stated that bitcoin is likely to hit $250,000 by the time 2022 rolls along. He later altered his prediction a bit to suggest that this figure would instead be reached in the early months of 2023, thereby pushing things back somewhat. However, he stands by his...
Read More »Adoption: 5 Business Industries That Accept Bitcoin In 2019
Bitcoin saw the light of day a decade ago, and since then, it attracted serious interest in the financial sector. Even though a lot of people use it mainly to get exposure to its price denominated in fiat currencies, there are a lot of businesses that accept Bitcoin as a payment method.Traveling With BitcoinBack in 2013, the popular American travel agency Cheapair began accepting Bitcoin as a means of payment. This led to other companies implementing it as well, and now clients can use their...
Read More »USA To Enforce Strict AML Rules For Cryptocurrencies, FinCEN Director Says
The cryptocurrency market has spiked the interest from the media and regulators over the last several years. Its actual lack of established regulations leads to numerous alleged criminal activities, and the U.S. government is reportedly preparing to act against potential money-laundering schemes.The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, has recently said that the country is looking for a way to introduce more strict enforcements on several...
Read More »Tom Lee: Now Isn’t the Time for a Bitcoin ETF
Tom Lee has always been very adamant about bitcoin, but in a recent interview, he says that the space is way too small for a bitcoin-based exchange-traded fund (ETF) to work.Lee: Now Just Isn’t the TimeThere have been many attempts to get cryptocurrency ETFs approved over the past several years, but none have been successful. One of the ETF proposals that many believed would really pave the way for future bitcoin and blockchain-based products was the ETF application submitted by Van Eck Solid...
Read More »Weekend Digest: How Much Bitcoin Is Enough For Retirement In 5 years?
You can retire today on 20-30 BTC depending on where you live1 BTC, 32 ETH: it’s important to diversifyDon’t count on Bitcoin to retireIs there a right answer or it’s all individual?Bitcoin’s price has always been a hot topic within the cryptocurrency community. There are plenty of predictions on what it would be in the not-so-distant futures, and the estimates vary from $0 (from crypto skeptics) to $1 million by the end of 2020 coming from the popular proponent John McAfee.With this in mind,...
Read More »iGaming Platform DAOBet Begins BET Token Swap to Native Mainnet
Over the years, the iGaming industry has gained quite the reputation; and with its rapidly evolving ecosystem being latently influenced by the emergence of technologies such as the blockchain, the growth potential looks almost limitless. However, the industry is still being plagued by entities that limit gaming experience – a subject the DAOBet platform is wholly devoted to redefining with its newly-launched blockchain.DAOBet, an iGaming 3.0 blockchain layer, aims to maximize the...
Read More »Objective Thune
La rumeur de la sortie d’un ouvrage mystérieux consacré à Bitcoin se précise : Présenté comme un essai « richement illustré », Objective Thune aborderait, à travers les aventures de « Loumi et de son tiers de confiance », diverses facettes (économique, sociale, politique, philosophique, symbolique, etc.) de Bitcoin. Nous informerons bien entendu nos lecteurs de la sortie officielle de cet objet...
Read More »Cryptocurrency Mining Report Provides Financial Damage Figure
The environmental effects of cryptocurrency mining on our planet are allegedly more costly than we might have thought, according to a new report.Cryptocurrency Mining Report Provides a Dollar FigureThe document, which is entitled “Crypto Damages: Monetary Value Estimates of the Air Pollution and Human Health Impacts of Cryptocurrency Mining” has been published in the scientific journal “Energy Research and Social Science.” It was authored by several researchers at the University of New Mexico...
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