Archived Posts

Former Prime Minister of Canada, Stephen Harper, opined that Bitcoin (BTC) and even central bank digital currencies (CBDC) could have a place in the reserve currencies and might even act as a substitute to the greenback. While speaking with Jay Martin of Cambridge House, which offers investment related services, at the Vancouver Resource Investment Conference,   Read more...

Data provided by hedge fund Pantera Capital indicates that Bitcoin’s (BTC) prevailing price action almost resembles the trend forecast by stock-to-flow model and the company’s analysts trust that Bitcoin will hit $115,212 by August 1. Bitcoin’s stupendous rally might have given a premium to the price projected by the model and the 28% correction seen   Read more...

Litecoin’s (LTC) community has created a different route for carrying out anonymous dealings while awaiting deployment of MimbeWimble covenant. Via the Incognito network, users of Litecoin will be able to conduct safe and private dealings. Aaron Ahmadi details that they will back Litecoin’s private dealings with the pLTC token. In that manner, trades will be   Read more...

Near Protocol (NEAR), a blockchain platform facilitating smart contracts, has the ability to step up through the utilization of parallel processing. The method, referred to as sharding, is similar to what Eth2 intends to attain and Near’s PoS (Proof-of-Stake) consensus protocol also permits staking of coins by token holders. In the last month, NEAR has   Read more...

Norilsk Nickel, commonly known as Nornickel, is the latest miner to become a member of the Responsible Sourcing Blockchain Network (RSBN). Nornickel is the world’s largest producer of palladium. Furthermore, the company is the top miner of copper, nickel and platinum. Nornickel intends to utilize the platform for cobalt and nickel. RSBN facilitates its members   Read more...

Hopes of bulls did not turn into reality yesterday as Bitcoin (BTC) failed to cross the resistance level of $40,000, sparking another round of sell-off. Data provided by Coingecko.com and Trading View indicates that the price of Bitcoin declined to a low of $34,368 before bouncing back above the psychological $35,000 level. At the time   Read more...

As per the recent info provided by node monitoring site Bitnodes, Tor based Bitcoin (BTC) nodes have resumed functioning after a total collapse earlier this year. At the end of January 13, the count of accessible Tor-based Bitcoin nodes was 2,581, an increase from just 122 nodes on January 9. On the basis of data   Read more...

Christine Lagarde, President of the European Central Bank (ECB) and ex managing director of International Monetary Fund (IMF), has called for global action to restrict lawbreakers from attempting to carry out money laundering via Bitcoin. Lagarde, in an interview with Reuters, stamps the numero uno crypto currency a “highly speculative asset” that has paved way   Read more...

In the last two days, the quantum of Ether possessed by cryptocurrency exchanges has plummeted. Data provided by CryptoQuant data indicates that only 8.10 million ETH is currently held as reserves by centralized cryptocurrency exchanges. The rate of movement of Ether out of cryptocurrency exchanges was pointed out by Nuggets News’ Alex Saunders, who pointed   Read more...