Recently, rumors that PayPal is looking to begin offering cryptocurrency direct-sales began making headlines after insiders from the company, in addition to recent job postings looking for blockchain experts highlighted its renewed interest in cryptocurrencies. If confirmed, PayPal’s entry into the crypto space may result in a significant boon for the industry, by providing an Read more…
Tag: Transactions
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…
Bitcoin Price To $318,500 By October 2021 According To This Model
Popular cryptocurrency YouTuber recently posted a chart illustrating that if Bitcoin repeats its previous significant bull run from 2017, its price could exceed $300,000 by the end of 2021. Interestingly, this highly optimistic prediction corresponds with the well-known BTC stock-to-flow model. BTC To Over $300,000? Bitcoin price predictions are among the most commonly discussed threads Read more…
Novogratz: Bitcoin Price To Reach $20,000 As Fed Prints and Buys Too Many Dollars
Former Wall Street hedge fund manager and prominent investor Mike Novogratz recently said that Bitcoin could break the coveted $10k mark soon and jump to $20,000. He also noted that the digitalization of money had begun worldwide, and the US needs to catch up with other nations such as China. Bitcoin To $20K, Says Novogratz Read more…
Bitcoin Price Stuck While NASDAQ Breaks All-Time Highs: The Weekly Crypto Report
The last seven days were relatively calm when it comes to Bitcoin as it marks a slight decrease of less than 1%. However, on June 15th, the price dropped to about $9,000, but it managed to recover very quickly and has traded in a narrow range since. Overall retail interest in the asset seems to Read more…
Deutsche Bank Warns Of Disaster Worse Than Pandemic That Could Completely Kill Bitcoin
In a new report, Deutsche Bank ominously says there’s a strong likelihood of a disaster far worse than the recent pandemic coming over the next ten years. At least one of the scenarios could put an end to Bitcoin. Is Another, Even More Devastating Black Swan Event Coming Over The Next Decade? Bitcoin and the Read more…
The Miners That Received $2.6 Million Worth of ETH Transaction Fees Will Keep The Money
The mining pool, which processed a mysterious Ethereum transfer carrying a needlessly excessive $2.6 million transaction fee, has announced it will distribute the millions among its miners. Bitfly, which operates the Ethermine mining pool, announced the decision on Monday, stating that four days is long enough for someone to have come to claim it. Miners Read more…
Ripple’s ODL service goes live with GBP; Azimo confirms
2020 has proved to be quite an unpredictable year. Due to the stagnated economic conditions, many immigrant workers have been unable to send walk-in remittances, however, with digital payments catchin
The post Ripple’s ODL service goes live with GBP; Azimo confirms appeared first on AMBCrypto.
Another Sketchy Ethereum Transaction: User Pays $500k Fee to Send 3,200 ETH
Yesterday, the Ethereum blockchain saw two suspicious transactions: a single, unmarked address unknown by the crypto public sent two transactions both with a transaction fee of 10,668 ETH during a 16-hour time span. The first transaction, which cost $2.5 million, sent $130 of value. And the second, which also cost $2.5 million, sent $87,000 worth Read more…
We Are Near a “Plateau” for Ethereum DeFi Due to Latency Issues: Top Investor
Decentralized finance has rapidly become Ethereum’s “killer use case,” many analysts have recently said. DeFi, as the sub-sector is now known as, contains nearly $1 billion worth of locked value, along with some of the industry’s most prominent investors and innovators. One Coinbase product manager, Jacob Horne, said on DeFi late last year: “DeFi, or Read more…