Archived Posts

Scott Minerd, Chief Investment Officer of Guggenheim Partners, reaffirmed his $400,000 forecast for Bitcoin (BTC), while speaking to Bloomberg Markets and Finance. Minerd stated that he considers the numero uno crypto a more lucrative asset than gold with plenty of potential for the rally to continue from the current level. At the time of writing   Read more...

Cryptocurrency manager CoinShares has rolled out a Bitcoin based exchange-traded product (ETP) on the SIX Swiss Exchange. As per a report published by Bloomberg, the Bitcoin ETP, carrying ticker BITC, will begin trading on Switzerland’s principal stock exchange today. Every unit of ETP is pegged to 0.001 Bitcoin (BTC), worth about $35 at the time   Read more...

Binance Coin (BNB) is one of the cryptocurrencies which has been appreciating steadily over the last six months, recording an all-time peak of $46.90 on January and reflecting a gain of 189% in the aforesaid period. The new historical high was hit a day before the routine quarterly token burning event, creating apprehensions in the   Read more...

Mitsubishi Electric has joined hands with academics from Tokyo Tech, the esteemed Japanese university, to collaboratively structure a blockchain technology powered trading platform that can facilitate versatile, P2P (peer-to-peer) trading. The recent platform, unveiled on January 18, is aimed to assist in the effective utilization of excess power that is produced from sustainable energy resources.   Read more...

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...