Bitcoin, the flagship cryptocurrency, has recently seen its price dip below the $6,500 mark, at a time in which analysts are pointing to oversold conditions and claiming a bull run may be around the corner because of historical trends. BTC, according to CryptoCompare data, dropped 0.9% in the last 24-hour period, and is currently trading at …
Bitcoin Drops Below $6,500 but The Bulls are on Horizon Read More »
There are whales out there. With Bitcoin still in a developmental phase awaiting mass adoption, the distribution of the coins are skewed to big holders. In fact, it has been reported that around 1000 wallets hold about 40% of all Bitcoin. There are nearly 22 million Bitcoin wallets and about 6 million active users of Bitcoin, so with some …
The 2 Billion Dollar Whale that Caused Latest Bitcoin Price Crash Read More »
Justin Sun, the CEO of TRON (TRX), announced this week that the project has staged the fifth round of the TRX ERC20 token burn, which took more than 4.9 billion TRX ($97 million) out of circulation. Justin Sun ✔@justinsuntron 4,917,487,036.059613 #TRX ERC20 token were burnt by #TRON Foundation. $TRX https://medium.com/@Tronfoundation/4-917-487-036-059613-trx-erc20-token-were-burnt-by-tron-foundation-2653a4dfbc32 … 12:47 PM – Sep 13, 2018 4,917,487,036.059613 …
Justin Sun CEO of TRON Foundation Announces 4,9 Billion Token Burn Read More »
NEW YORK/ZURICH – The Tezos cryptocurrency project is preparing to launch the long-awaited main version of its network that underpins a new virtual token on Monday, a Swiss foundation that promotes the initiative said on Twitter on Friday. The Tezos Foundation raised $232 million in July 2017 to build the network and issue a new …
Private blockchains (also called permissioned blockchains) may be controversial, but they have their advantages. Here’s how they compare to public blockchains. Public blockchains are very open: anyone can join, become a node, or look at the transactions history. There’s no verification process before acceptance, and if you no longer wish to verify transactions, you can stop without penalty. …
The Difference Between Public and Private Blockchains Read More »
Financial services giant Mastercard has invented a blockchain system that it believes can simplify business-to-business (B2B) transactions in a high-volume enterprise environment. That system is outlined in a series of three patent applications filed by the New York-based multinational firm in March, made public on Thursday by the US Patent & Trademark Office (USPTO). Writing in one filing, the …
Mastercard Thinks Blockchain Can simplify b2b Transactions, Fills 3 Patent Applications Read More »
Ethereum’s ETH token on Thursday saw its highest amount of daily trading volume on Bitfinex. The second-largest cryptocurrency witnessed a 24-hour trading volume of 0.85 million yesterday – the highest level since September 15, according to Bitfinex data. Further, the current weekly volume of 2.907 million is the highest since mid-December. Meanwhile, 24-hour trading volume …
Ethereum Sees Highest Daily Trading Volume in Past 12 Months Read More »
The cryptocurrency market has been making history for all the wrong reasons as of late, most notably by recently surpassing the plunge of the infamous Dot-Com bubble in the early 2000’s. With that said, cryptocurrencies tend to make recoveries when all hope is seemingly lost, and today’s price action of the world’s second largest cryptocurrency, ether and …
Crytpocurrencies are Back over 200 Billion, Ethereum Recovers Read More »
Waves (WAVES), a crypto platform allowing users to issue their own blockchain-based tokens, has surged over 20% in the past 24 hours. The Waves token’s price increase comes shortly after Russian manufacturing holding company Rostec announced a partnership with VOSTOK, a startup founded by Waves’ developers. The agreement between the two parties will involve developing …
WAVES Up 20% After Partnership with Russian Rostec, Mainnet Smart Contract Launched Read More »
Changpeng Zhao, the CEO of Binance better recognized as CZ, has said that crypto still has room to grow by more than a thousand times in the years to come. Earlier this week, as CCN reported, Ethereum co-creator Vitalik Buterin stated that while the cryptocurrency sector as an industry can grow by a thousand-fold, it is …
Binance CEO Changpeng Zhao: Crypto Market Will Grow 1000x and More Read More »
