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The Future Of Banking: Is It All Bitcoin And Blockchain?

At the beginning of July, news broke of Deutsche Bank staff being sent home as 18,000 job cuts began unraveling before our very eyes. This news was brought to life with an iconic image of two suited men carrying their possessions past the doors of a Deutsche Bank branch in London along with a bag […]

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Venezuela Sets New Bitcoin Volume Record Thanks to 10,000,000% Inflation

Venezuelans traded more bolivars for Bitcoin (BTC) than ever before last week, but the statistics say more about fiat than cryptocurrency. Yet Another Bitcoin Volumes Record For VenezuelaData from Coin Dance, which tracks trading activity on P2P exchanges Localbitcoins, Paxful and Bisq, confirmed the seven days to July 20 were Venezuela’s biggest on record.During that period, […]

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Bitcoin: ABC Correction Pointing Towards $8,500

Bitcoin (BTC-USD) had a spectacular rally between April and June. Now it has pulled back sharply. Investors and the so-called “hodlers” are getting their emotions tested once again by the volatile cryptocurrency.In this analysis we will explain why this correction is no surprise and will figure out where the lows might come in and how […]

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5 Financial Problems Cryptocurrency Could Solve

Cryptocurrency has lately been a hot topic that’s dominating the headlines. One of the reasons it’s such a fascinating topic is that people feel it could solve some of the world’s persistent financial issues. Here are five examples of challenges cryptocurrency could fix.1. Limited Access to Loans Causing Ballooning Credit Card DebtLife makes dire circumstances […]

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Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk.Bitcoin was barely mentioned during the two-hour session and most of the lawmakers seemed far less concerned with the technology than with who was planning to leverage it: Facebook.Sen. Brian Schatz (D-Hawaii) put it perhaps the most succinctly. […]

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Bitcoin vs Libra: Here Are The Key Differences Between The Two Cryptocurrencies

Facebook has made headlines of late with its plans to create a cryptocurrency.The social media company has been forced to defend the project on Capitol Hill, amid regulatory concerns around data privacy and potential illegal usage, while the G-7 has warned it poses “serious” legal risks.It’s an experiment in monetary systems for the digital age, […]

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‘Bitcoin Not Blockchain’, as Crypto Venture Capital Falls 60%

According to new research from CB Insights, blockchain venture capital is on track for a 60% decline when compared to 2018 figures. With Bitcoin price on the rise, it’s fair to suggest that blockchain startups are out this year and Bitcoin is back in.DISENTANGLING BITCOIN FROM BLOCKCHAINOne of the great things about Bitcoin is that […]

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The Most Profitable Cryptocurrency for Mining: BTC and LTC

The cryptocurrency prices are once again on the rise, and new investors and traders from around the world are joining the space. The new rally was also extremely beneficial for the crypto mining sector, which saw significant difficulties during the bear market. The prices were constantly dropping, and so it was almost impossible for miners […]

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Bitcoin Price Below $9.5K Could Spark 80% Parabolic Advance Correction, Trader Warns

Bitcoin Price Clings To $9,500 SupportBitcoin (BTC) continued to trade down on July 17 after a further 10% fall sent the price of the largest cryptocurrency back below $10,000. Data from Coin360 showed a problematic 24 hours for traders Wednesday, BTC/USD circling $9,600 after bouncing off lows at just $9,266.The downward trend followed increased United States […]

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Cryptocurrency Market Update: Bitcoin’s Recovery Stalled On Approach To $11,000

The cryptocurrency market is recovering after a sharp sell-off registered during the weekend. Bitcoin (BTC) and all major altcoins are gaining ground, though the critical resistance levels have yet to be broken.The total capitalization of all digital assets in circulation jumped to $291 billion from $272 billion this time on Monday. The total trading volume […]

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