The entity behind the second largest cryptocurrency on the planet – Ethereum Foundation – currently made public plans for new investments over the next year, describing its priorities and how it wants to allocate resources across the ecosystem. Acting as a resource allocator, a voice in the ecosystem, and an
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Following an enthusiasm that had propelled cryptocurrencies to new 2019 highs, the trend had become extremely unstable on May 17th, 2019, when all tokens started to head south impulsively. We’ve warned in our last weekly crypto analysis that conditions are overbought and a strong correction might follow at any time.
European nations are increasingly aware of the blockchain technology capabilities, which is why the German state North Rhine-Westphalia (NRW) had recently announced plans to create the first European Blockchain Institute, an entity which is due to take form later this year. According to a press release from presseportal.de, the facility
As cryptocurrencies continue to recover in 2019, so does the interest people have, a similar pattern seen in late 2017 when prices had reached record highs. There’s a huge emotional influence in the market and we’ve discussed how the price of cryptocurrencies is heavily influenced by emotions. Bitcoin passed above
Concerns about cryptocurrency exchange platforms had been reignited following a new Bitcoin theft which had taken place on the popular exchange operator Binance on May 7th. All major cryptocurrencies retraced from their highs as the news flooded the market and confidence is at risk, considering that we had a
The banking industry continues to look at the potential of the blockchain technology, a fact proven by the recent trial conducted by both the Bank of Canada (BOC) and Monetary Authority of Singapore (MAS). Although we’ve seen recent comments from the Bank of England, which had reiterated that Bitcoin
Following four months of positive momentum into the cryptocurrency market, the mood is slightly beginning to change and one of the biggest catalysts a few days ago was represented by a civil suit against Bitfinex – one of the largest and most important cryptocurrency exchange platforms, with more than
The blockchain technology continues to attract big corporations as they search for new opportunities to boost productivity and find new investment opportunities. Recently we’ve seen how Coinbase and Visa partnered to create the first cryptocurrency card, one that will enable payments with cryptocurrencies in millions of places on the
Back in November last year, the cryptocurrency known as Bitcoin Cash had gone through a hard fork after which we had two new tokens: Bitcoin Cash ABC, and Bitcoin SV (Satoshi’s Vision). Supported by the positive sentiment in the market, both newly created cryptocurrencies managed to recover from the
The latest news shows that a partnership between the Coinbase exchange and big payment giant Visa will give birth to the first cryptocurrency card. It seems like the card will enable customers to use cryptocurrency when making purchases, avoiding the whole process of converting crypto to fiat and then withdrawal
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