Cardano has broken out of a consolidation pattern, but it’s lacking the volume it needs for a trend reversal. Cardano has not had the strength to advance further after breaking …
MoreCategory: General
Bank of Thailand promotes blockchain in new guidelines
Thailand’s central bank yesterday published guidelines to regulate and promote the use of blockchain technology in the financial sector. Released by Siritida Panomwon Na Ayudhya, assistant governor of the payment systems policy …
More
Digital Assets Data CEO: 1 Bitcoin ‘will be worth $1,000,000 in under 10 years’
On Tuesday (July 27), Mike Alfred, Co-Founder and CEO of NYDIG subsidiary Digital Assets Data, gave his long-term price prediction for Bitcoin. On Jan 11, NYDIG announced that it had acquired Digital Assets Data, …
More
Cardano (ADA) could help form ‘big three’ of mainstream cryptos
Amy Arnott, a portfolio strategist at Morningstar that focuses on cryptocurrencies, has revealed she believes Cardano (ADA) could become one of the largest three cryptocurrencies by market capitalization and go …
More
What you need to know about Monero’s decoy selection bug
The developers of privacy-centric cryptocurrency, Monero have identified a “rather significant” bug in the algorithm that could allow for transaction destinations to be identified. According to a Twitter thread by the developers: “If users spend …
More
Bitcoin dominance inches closer to 50 % as BTC Revisits $40K
Bitcoin’s market share has spiked to 49.15 percent, its highest level since May 3, according to TradingView data. However, it is still down nearly 33 percent from its Jan. 3 …
More
$7B investment firm recommends crypto to beat currency debasement
Contrarian investment firm, Horizon Kinetics, is advising investors to seek exposure to crypto assets amid mounting global economic challenges. Speaking to the Financial Times, Horizon’s co-founder Peter Doyle warned that the …
More
Europe growing into DeFi hub as US tightens screws on crypto
Research by Dove Metrics has delved into the European DeFi scene revealing that things are still looking healthy despite the market pullback and increased regulatory pressure. A July 27 report noted that 56 European …
More
Thailand telecoms firm to expand into Bitcoin mining
Jasmine Telecom Systems, a publicly-listed unit of Thai telecoms operator Jasmine International, is set to ride the Bitcoin mining wave, with plans to install tens of thousands of mining machines …
More
What’s Ethereum price outlook for the rest of 2021?
The price of Ethereum — the second-largest cryptocurrency by market value after Bitcoin — is expected to be at US$4,596 by the end of the year, according to the average forecast from …
More