Archived Posts

Highly acclaimed blockchain Technology-based Brave web browser has incorporated Interplanetary File System (IPFS) to cement decentralised web access. As per media release made on January 19, Brave has embedded IPFS in desktop supporting web browser for Linux, Mac OS and Windows, paving way for users to incorporate the covenant in an easy manner. IPFS is   Read more...

Perpetual Protocol, which is basically a DeFi venture providing decentralized perpetual agreements utilizing the second-layer scaling solution for Ethereum blockchain, has become the sixth biggest DEX in terms of trading volume after running for just a month. As per data provided by Dune Analytics and distributed by Perpetual covenant, the weekly trading volume is over   Read more...

In Bitcoin’s (BTC) blockchain network, the number of nodes recorded a peak of 11,558, as per Bitnodes.io. As per coin.dance, which provides crucial network data on Bitcoin network, has assessed the aggregate number of Bitcoin nodes to be 11,613, slightly above the earlier high of 11,250 established in the same period last year. On January   Read more...

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...