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Shiba Inu (SHIB) token has taken over the Cryptoverse, calling itself the dogecoin (DOGE) killer and prompting many to raise alarms. Meanwhile, 50% of SHIB's total supply is deposited to the wallet of Ethereum (ETH) co-founder Vitalik Buterin, while the Ethereum fees skyrocket yet again and DOGE received another...
The US-based mutual fund giant Fidelity rolled out its much-anticipated crypto custody solution. The company made a splash a year ago when it announced the launch of a separate company, dubbed Fidelity Digital Assets, with the goal to offer the very-much-needed institutional custody services and trade execution, that is, provide...
Following Sunday’s bitcoin (BTC) breakout above USD 10,000, other major cryptoassets are also making moves. However, both ethereum (ETH) and Ripple-affiliated XRP are seeing lackluster performance compared to bitcoin (BTC). However, both coins still outperform the most popular cryptocurrency in the past week. As of pixel time on Monday (12:52...
The Committee on Payments and Market Infrastructures (CPMI), hosted by the central bank of central banks, the BIS, has released a report which informs developers and market participants how wholesale digital tokens might look like. Today, wholesale payments between financial institutions are effected through central systems and payment arrangements using...
Until bulls run again, bitcoin (BTC) can be expected to consolidate or go lower, while ethereum (ETH) remains in a "bullish uptrend," according to analysts at Kraken Intelligence. Whatever comes next is to follow a market-wide sell-off, the worst correction since March 2020, preceded by a flurry of negative news,...
As the price of Bitcoin (BTC) continues to drop, there’s been talk that many Bitcoin miners will have to start shutting down their machines. The world’s most expensive cryptocurrency has been getting cheaper lately, dropping below USD 9,000 on November 8, and some analysts estimate it could go below USD...
China may be softening its tone on cryptoassets, almost four years after it exacted a crackdown on bitcoin (BTC), altcoins and crypto exchanges, with encouraging remarks from Li Bo, the new deputy governor of the central People’s Bank of China (PBoC). Li Bo was quoted by multiple media outlets, including...
At the Baltic HoneyBadger 2019 Bitcoin conference in Riga this past weekend, four well-known bitcoin traders, Florian Maier, Tone Vays, WhalePanda, and Ambroid, have shared their biggest mistakes during the 2018-2019 bitcoin bear market, and what helped them to endure it. Speaking of the biggest mistakes, the most frequent answer...
Many altcoins have posted significant losses in recent days, with ETH currently testing price levels not seen in over 12 months after losing 40% in roughly one week. The declining value of altcoins has also driven BTC to continue to establish new highs for market dominance during 2018. BTC Gains...
In an editorial piece published by Brazilian media outlet Estadão, Gustavo Franco, the ex-Central Bank chief, called Bitcoin “the most spectacular cryptocurrency,” stating that “if Bitcoin were a company, it would be worth USD 175 billion.” Franco also enthused about Facebook’s Libra, calling the social media’s white paper “exciting news,”...