Month: May 2020

Bitcoin Vulnerable After Shocking NFP Report Bitcoin Correction Is Over For Now Bitcoin shot up past $10k and has now retraced from there but it is still waiting to react to the damning NFP report that was released today. The report puts unemployment at 14.7% with more than 20.5 million Americans losing their jobs. This […]

Bitcoin price surges towards the Halving event The bitcoin halving is a phenomenon coming that will affect the entire crypto market. Bitcoin just hit the $10,000 mark crossing its highest point since February. As we can see, the market has been super bullish lately gaining an impressive $13 billion in market capitalization in the past […]

Gold Bug Peter Schiff Predicts Bitcoin Will 'Collapse' Gold bug and Euro Pacific Capital CEO Peter Schiff has said on social media that Bitcoin will “collapse” after admitting he likes riling up the cryptocurrency community on Twitter. Peter’s comments came replying to a user who pointed out he tweets more about the flagship cryptocurrency than […]

Bitcoin Is Still the Dark Web's Preferred Currency, Says Reported Funded by Zcash’s Developers  A report released by the Rand Corporation, a think tank and government contractor, revealed bitcoin is still the dark web’s preferred cryptocurrency. In a 65-page report the organization release, the Rand Corporation examined the use of Zcash in three areas: money […]

Binance Was the Only Platform to See Derivatives Grow in April, CryptoCompare Reveals  Popular cryptocurrency exchange Binance was the only trading platform in the space to see its derivatives trading volumes grow last month, to a total of $108 billion. Binance’s derivatives trading volumes, according to CryptoCompare’s April 2020 Exchange Review, increased a total of […]

Pro Crypto SEC Commissioner Predicts Increased Demand For Crypto Investment Hester Pierce, a pro-crypto SEC commissioner, who is often referred to as “crypto mom” in the crypto community, recently predicted that there would be increased demand for crypto by investors. The SEC commissioner claims that investors will turn to crypto in a bid to diversify […]

The Kuailian Ecosystem Brings us Closer to the Most Advanced Blockchain-Based Automation Cryptocurrencies have been with us for more than 10 years and since the publication of the Bitcoin White Paper, blockchain technology has not stopped evolving. At the same time, the way of working to obtain returns has also undergone a drastic evolution. It […]

Can NFC Chips Help Secure Proof-of-Work Systems? The mining of cryptocurrencies is often considered to be a wasteful effort. That being said, there is an option to maintain Proof-of-Work by utilizing NFC chips found in modern passports. Securing a blockchain often requires some sort of “work” to be done. Proof-of-Work With NFC Chips? In the […]

Bitcoin in Space: Blockstream Announces Major Upgrade in Push to Beam BTC From the Cosmos Blockchain technology company Blockstream is rolling out the first major update to its free satellite service that enables anyone with a mesh antenna and a computer to access the Bitcoin network using signals from space. Blockstream leases bandwidth from third-party […]