Cryptocurrency News Market

Facebook announces Libra coin and Calibra Wallet App in Global Money Pitch

Last updated 11:18 GMT 18 June 2019 Facebook has announced Libra,  its cryptocurrency its says is “reinventing money” Sending money will be a simple as sending a message or photo for users of its WhatsApp and Messenger products, Facebook claims. The whitepaper for the Libra blockchain is available here. The network is scheduled to go Read more…

Cryptocurrency News

Canadians With Coinbase Accounts Can Withdraw Via PayPal

According to a Coinbase blog article written by Allen Osgood, the crypto trading platform’s product manager, Coinbase has expanded its PayPal support to its Canadian customers. The article goes on to say that “Coinbase customers in Canada can now instantly transfer sale proceeds directly into their PayPal accounts.” Allen expounds on Coinbase’s commitment to mold Read more…

Bitcoin Blockchain Cryptocurrency News

South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. The move marks a decisive change Read more…

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Bitcoin Mining Difficulty, Hash Rate Surge As BTC Holds Above $8,000: What Death Spiral?

Bitcoin Fundamentals Booming With BTC moving above $8,000, the fundamentals of the Bitcoin blockchain have also surged. As pointed out by industry researcher Kevin Rooke, Bitcoin’s mining difficulty has reached an all-time high of 7.46 trillion. The thing is, we’re still down by around 55% from BTC’s all-time high of $20,000, and public awareness of Read more…

Bitcoin Cryptocurrency News

Bitcoin Adoption Is Ghost: Hardly Anyone Uses BTC for Payments, Bloomberg Says

An analytical company Chainalysis shows that hardly anyone utilizes Bitcoin as means of payment, preferring to see it as a store of value and ‘hodl’ In spite of the recent massive price surge, Bitcoin seems to have a problem that few are aware of. An analytical firm Chainalysis Inc. from New York has recently shown Read more…

Blockchain Cryptocurrency News Ethereum Market

Ethereum Usage And Adoption Uptick Has Analysts Bullish On ETH

Ethereum Sees Strong Fundamentals Despite the fact that Bitcoin is gracing all the headlines, Ethereum (ETH) has done quite well for itself over the past few months. Both in terms of price action and fundamentals, the cryptocurrency has fared quite well in this bull-esque run. Let’s take a look at what’s up, and what analysts Read more…

Cryptocurrency News Ethereum Market

CryptoKitties Now Sells Its Crypto Collectible Cats for Around $1

Remember when virtual cat game CryptoKitties collapsed the Ethereum network? The feline frenzy in 2017 saw gaming fanatics spend hundreds of thousands of dollars on digital cats with zero tangible utility. Now most of them go for about $1.21 (0.0045 ETH). CryptoKitties Paralyzed the Ethereum Blockchain Back in the day, the number of users flocking Read more…