Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency. Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. Like its popular stablecoin […]
Continue ReadingFor both those involved in Bitcoin and traditional markets, all eyes have been on the Federal Reserve over the past few months. Related Reading: Bakkt Physically Settled Bitcoin Futures Product to Launch in September Many analysts claim that whatever the American monetary authority decides to do with monetary policy will dictate the direction for global […]
Continue ReadingYesterday saw what was gearing up to be an interesting debate on whether Bitcoin has a problem with wealth inequality. Stemming from a statistic provided by Civic CEO, Vinny Lingham, that 2% of wallet addresses hold 80% of BTC, it was countered by Interchange co-founder, Dan Held, and hosted by former Coinbase engineer, Preethi Kasireddy. […]
Continue ReadingThe said launch of Libra, Facebook’s digital currency, has created a wide schism in the world of cryptocurrencies. Some believe that Libra is too centralized for the world’s good. Some back it as a ramp for crypto mass adoption. In the past weeks, Facebook has however faced more significant opposition from without, with US politicians […]
Continue ReadingIn December 2017, veteran investor Bill Miller took a risky decision to allocate half of his hedge fund to bitcoin. One and a half year later, the risk is paying off well. Miller Value Partners registered 46 percent profits in the first half of 2019, reported Bloomberg. The top performers in the hedge fund were […]
Continue ReadingHodl Hodl and L2B have partnered to provide multi-sig contract guaranteed services that will make Bitcoin OTC trading safer and faster. OTC Bitcoin Transactions are now Safe and Easy A recently announced partnership between hodlhodl.com and L2B Global means Bitcoin traders will have another rock-solid option when looking to transact over-the-counter (OTC). Hodl Hodl provides […]
Continue ReadingSince the 13th of June bears have caused Binance Coin to pull-back down from the highs of 0.044 sats down to visible lows around 0.024 sats, resulting in a 45% correction. Short-term timeframes are starting to indicate that a potential reversal could play out over the coming days. BNB/BTC 4 Hour Analysis On the 4 […]
Continue ReadingFollowing the drop to $5,200 which the pair BTC/USD experienced last week, bitcoin proved many bearish predictions wrong with the present performance as it just topped the $6,400 mark with 5.60% increase in the last 24-hours which is equal to $400 gain. While its dominance against altcoins in the crypto-verse has been very visible since […]
Continue ReadingIn a week where UK politicians spectacularly misread a huge swing in local election voting towards anti-Brexit parties, as “a clear message to deliver Brexit now,” let’s cast a more rational eye over the week’s happenings in Bitcoin news. Top Bitcoin News: Record 2019 Bitcoin Price It would be hard to argue that price-wise, Bitcoin had […]
Continue ReadingOver the last few days, Bitcoin dominance has moved to its highest point relative to the rest of crypto market so far in 2019. Although far too early to categorically state as such, this could be a sign of the decoupling that some analysts have stated necessary for a true Bitcoin bull-run to begin once […]
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