Bitcoin Cryptocurrency News

NBA Star to Convert His $34M Contract into a Digital Investment

An NBA basketball player for the Brooklyn Nets, Spencer Dinwiddie, is converting his multi-million dollars contract into a digital token investment vehicle, according to The Athletic’s sources. Dinwiddie To Securitize NBA Contract The disruptive effects of cryptocurrencies and blockchain technology are permeating all industries and sectors, including the world of sports. Most recently, Shams Charania Read more…

Bitcoin Cryptocurrency News

Research: Blockchain Devices Market Will Be Worth $1.2B in 5 Years

The market for blockchain devices will grow about fivefold in the next five years, making big annual leaps. This is the vision of Markets&Markets proprietary research. Blockchain Devices to Gain by 42% Annually The market for devices dedicated to cryptocurrency or having blockchain-connectivity features will grow by leaps of more than 40% each year, the Read more…

Cryptocurrency News Ethereum

Tether facilitates $417k worth of transactions on ETH network as USDT continues to clog Ethereum

A Redditor recently complained about pending transactions on the blockchain by stating that the pending period was past 10 hours and at press time, all the fingers were pointed toward Tether for network congestion. As reported earlier, Ethereum’s blockchain was suffering from a case of network saturation. The blocks were adding up and Vitalik Buterin […]

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Altcoin Cryptocurrency News Ethereum

With ETH 2.0 To Be Launched Soon, Where’s Ethereum Classic At

Ethereum has big plans to address scaling issues, a transition to Proof-of-Stake, and essentially upgrade to ETH 2.0. Meanwhile, the often-overlooked Ethereum Classic appears to have big plans of its own, like perhaps taking over from ETH 1.0. Some have even suggested that this was the plan from the start. From The Domain Of Ethereum Read more…

Cryptocurrency News Market

France To Block Libra But FINMA Eager For Regulation

Fresh reports have revealed that France wants to block Facebook’s Libra cryptocurrency in Europe. Meanwhile, financial regulators in Switzerland say they are open to international cooperation in the creation of a regulatory framework for the proposed cryptocurrency project. Libra Shall Not Pass London-based City A.M. has released a report purportedly from AFP that regulators in Read more…

Cryptocurrency News Market

Tether (USDT) Launches Digital Yuan Before PBoC

Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency.  Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. Like its popular stablecoin Read more…

Altcoin Bitcoin Cryptocurrency News

Bitcoin vs Altcoin Market Cap Chart Shows Altseason’s Around

Any altcoin chart will say how BTC alternatives are rekt at the moment. While bitcoin dominance has hit its highest levels for over two years, its counterparts are still melting down. The charts may reveal that things could be about to change. Bitcoin Remains Range Bound BTC has spent the weekend trading in a tight Read more…

Bitcoin Blockchain Cryptocurrency News

5 Facts About Bitcoin You May Not Know

Bitcoin turned heads when it hit an all-time high price of $20,000 in December 2017. Folks who were already invested in it since the genesis became overnight millionaires and billionaires. Lots became self-proclaimed bitcoin traders and investors. Even then, quite a lot have remained ignorant about a few facts.  For newcomers to Bitcoin and ‘veteran Read more…

Cryptocurrency News Ethereum Market

Ethereum Hard Fork: How Important Is Backwards Compatibility?

The Ethereum Foundation has delayed the testnet launch of the Istanbul update until the start of October. But some are raising concerns about one of the Ethereum Improvement Proposals (EIPs) which will break certain smart contracts. So should technology be backward compatible ad infinitum?… or is a little disruption necessary in the name of progress? Read more…

Bitcoin Cryptocurrency News

$1B Bitcoin Transaction Traced Back to Multiple Huobi Addresses

About $1 billion worth of Bitcoin was moved yesterday in a single transaction, sparking reactions on Twitter and other social media sites. TokenAnalyst went deeper and found that a significant share of sending addresses point to crypto exchange Huobi. 94,504 Bitcoin Reaches a Single Address On Thursday, Twitter user Whale Alert announced that 94,504 Bitcoin Read more…