With all the excitement after Bitcoin hit a 2019 high of $9,000, it quickly went through a dramatic correction that saw the cryptocurrency fall back to $8,200. The sudden rally that saw Bitcoin surge to $9,000 is explained by top…
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Russia’s largest bank shelves crypto plans despite having a Crypto Bullish CEO
Russia’s largest bank Sberbank is reportedly planning to scrap its crypto plans citing the anti Bitcoin sentiments of government regulators. This news has come off as quite ironic since the bank’s CEO is a popularly known Bitcoin Bull. Despite the…
E-trade set to Launch Bitcoin and Ethereum Trading
E-trade may begin offering Bitcoin (BTC), and Ethereum (ETH) trading to 5 million customers according to a report by Bloomberg. This report was met with a lot of excitement among the crypto community at a time where banks and other…
Myanmar Central Bank moves to tame Country’s Bitcoin Thirst
The attractive developing country of Myanmar could be on the verge of losing about $5.8 Billion in foreign direct investments following their anti-Bitcoin and other crypto-currencies stance. Myanmar is hinting at a possible blackballing of Bitcoin, a crypto-currency that has…
EU Central Bank: Cryptos no threat to Euro Zone Financial Stability
In what will be seen as a positive step for crypto, the European central bank (ECB) has come out and said that cryptos are no threat to the financial stability of the Euro zone. The European central bank communicated this…
Survey: Americans Above age 65 are well aware of Bitcoin
A new survey by Blockchain capital shows that 11% of American adults are holding onto Bitcoin. This is indeed encouraging news since it represents a significant improvement compared to recent years. The percentages of American Bitcoin Holders were broken down…
A new Intel blockchain patent proposes to make Bitcoin mining more efficient
Bitcoin mining is a computation-intensive operation that also incurs a high electricity cost. A new Intel blockchain patent proposes to use hardware accelerator to reduce this energy cost.
South Africans will soon be able to Buy Groceries using Crypto
Crypto adoption looks like a quite foreseeable reality in South Africa and quite soon too. This is after Pundi X labs- a global payments solution- partnered DoshEx providing banking like facilities for unbanked South Africans. The partnership between Pundi X…
Bitcoin (BTC) Surging Above 6,300$: Potential Reasons Behind the Top Crypto Rebound
Bitcoin (BTC), still the top-ranked cryptocurrency, managed to land a major rebound during the last several days, which provided BTC with 16.7%. Moreover, on May 10th, Bitcoin is still rising by over 5%, representing a definite top gainer on the…
Crypto Specialist: How Governments can kill Bitcoin
Popular economist and author of the Bitcoin Standard, Saifedean Ammous; appeared on the most recent episode of Stephen Livera’s crypto-economics podcast. Ammous unpacked various subjects on crypto which thrilled a lot of listeners. The show’s host Stephen Livera spoke to…