Category : Crytocurrency

Chinese cities continue to promote digital yuan through festive lotteries

The city of Shenzhen has launched the third round of its central bank digital currency pilot in the form of a promotional lottery scheme offering residents handouts during local festivities.

Clothing the Naked Emperor – the Blockchain Potential Unleashed With Prasaga

Prasaga is a Foundation-based organization and the creator the DataGrid Blockchain, a new native chain and coin project, embracing developers, miners, and token holders. DGB will be language agnostic, allowing developers to have full code reuse on a...

Guggenheim CIO expects Bitcoin to drop to $20,000

Guggenheim Partners’ Scott Minerd now expects Bitcoin to drop to $20,000 after predicting a $400,000 long-term price target a month ago.

More institutions will warm up to crypto once market cap hits $2T: eToro

“Only by widening the playing field and facilitating more participation will crypto reach and maintain a market cap of $2 trillion and beyond.”

Why did Bitcoin fall below $33K? Coinbase whales might have the answer

A look at Coinbase Pro's BTC price premium suggests that selling is underway on Thursday, as Bitcoin falls 7% in 24 hours.

Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulatory Framework

The Dubai Financial Services Authority (DFSA) has unveiled its plans to create a regulatory framework for cryptocurrencies. The announcement was part of its 2021-2022 business agenda released this week. The Papers Will Be Released in the First Half o...

Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’

Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience....

Bitcoin double-spend spotted in the wild

BitMEX Research has identified what it believes to be a double-spent Bitcoin transaction... worth $21.

Ethereum Could Touch $10,500 After Crypto Rises to Record High: Fundstrat Global

Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday. The estimate implies a near 700% upside on the current ether price hang...

83% of cryptocurrencies that peaked in 2018 are still down by 90%

Data compiled by Messari indicates that the 157 crypto assets that posted record highs in 2018 are still bumbling along at prices more than 90% down from their ATHs.

Ripple looks to new administration to take U.S. blockchain industry forward

Team Ripple lets us know what to expect from cryptocurrency and blockchain technology going into 2021. The latest post from the San Francisco-based fintech giant covers multiple topics, including the ever blurring lines between crypto and banking, as...

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