Blockchain Cryptocurrency News

Chinese Blockchain Revolution Sees 10,000 Newly Added Firms in 2020 Alone

China’s blockchain growth in terms of newly added firms in 2020 has surpassed the total figure seen in 2017. With support from the government, startups dedicated to developing decentralized ledger technology (DLT) are increasing in number with the country looking to dominate the emerging digital landscape. Current 2020 Figures Topple 2017’s Total In a tweet Read more…

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Bitcoin Cryptocurrency News

Celebrating The History And Spirit Of Bitcoin Independence Day

This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! In my view, Bitcoin Independence Day is a holiday that says a lot about the BTC community. Its origins are highly technical and difficult to understand, the “independence” it celebrates refers to Read more…

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Altcoin Cryptocurrency News

Chainlink (LINK) May See a Major Crash as Textbook Bear Signal Flashes

Chainlink has been one of the best-performing crypto assets of the past few weeks and months. Since the lows under $2 seen in March, the asset has more than quadrupled, trading as high as $9.00 earlier this week. The asset’s strong performance comes on the back of an influx of fundamental developments. READ: Ripple Vs. Read more…

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Bitcoin Cryptocurrency News

How Bitcoin Outperformed Both the S&P 500 and Nasdaq in First Half 2020

Despite major setbacks from the Black Thursday market collapse, the cryptocurrency market and Bitcoin had a strong H1 close. The leading crypto asset by market cap also beat the best performing stock market index by nearly double. Will the strength continue into the second half of the year? Recounting The Rollercoaster Ride That Was The Read more…

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Cryptocurrency News

China: Chainlink-adoptee national blockchain project goes live; 135 public nodes running

The Zhejiang district in China has laid the foundation for the Blockchain Service Network, (BSN) the country’s ambitious nationwide blockchain project, as per local reports this week. For starters; 135 public nodes are reportedly active in the province — affirming to China’s broader Five-Year-Plan that heavily features blockchain technology. Chainlink oracles form a major part Read more…

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Altcoin Crypto Analysis Cryptocurrency News

These three factors could determine the mid-term fate of Cardano (ADA)

Cardano (ADA) has been one of the hottest cryptocurrencies throughout 2020, posting gains that have only been rivaled by Tezos and Chainlink. Increased usage rates and notable development progression has helped drive this uptrend, allowing the cryptocurrency to climb over 270 percent from its March lows. There are a few critical factors that could influence Read more…

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Bitcoin Cryptocurrency News

The PayPal Bitcoin News Isn’t Entirely Bullish: Kraken CEO Explains

On Monday, the Bitcoin and crypto space saw one of the most positive news events in months. Citing three sources, CoinDesk reported that multi-billion-dollar payment giant PayPal is looking into rolling out cryptocurrency trades. A “well-placed industry source” said to the outlet: “My understanding is that they are going to allow buys and sells of Read more…

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Bitcoin Cryptocurrency News

$15m Liquidated as Bitcoin Surges to $9,800 for the First Time in Weeks

After days of consolidation, Bitcoin experienced a crucial breakout over the past few hours. The cryptocurrency just minutes ago tapped $9,800, the highest price it has traded at in over 10 days. With this latest move higher, the cryptocurrency is up approximately 5% in the past 24 hours. This is strong, especially when compared to Read more…

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Bitcoin Cryptocurrency News

SEC’s Bitcoin-skeptical chair may soon be replaced, boosting crypto

One of the most pressing questions crypto investors have wanted an answer to is when Bitcoin will get an exchange-traded fund. A BTC ETF, which would be accessible through Wall Street’s biggest brokerages, would dramatically increase the accessibility of Bitcoin to a retail and institutional audience. This is due to the fact that ETFs are Read more…