It’s November 28th and we wish a happy Thanksgiving to all people celebrating today! Coincidence or not, the holiday spirit caught most of the cryptocurrencies in green, as the market started to recover from the lowest levels seen in months. Despite some positive expectations, cryptocurrencies took a dive during the
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The cryptocurrency market had almost reached the $200 billion threshold after a new round of selling had pressured most of the prices. Online publications are debating which might have been the reason behind this aggressive selling, but based on our assessment, this looks like a mini “pump-and-dump” scheme, which is
A November 11th report from The Business Times shows that JP Morgan, the largest US bank, and The Monetary Authority of Singapore (MAS) have managed to create a prototype for a multi-currency blockchain-based payments network. JP Morgan had already announced earlier this year that it will launch its own stablecoin,
Last week was all about the latest news coming from China, a country that decided to embrace the blockchain technology. We’ve mentioned at then that there was no mention of cryptocurrencies, yet the market cap jumped impulsively higher. In order to calm the water, The People’s Daily, a publication under
The cryptocurrency market took a V-turn on Friday, October the 25th, apparently supported by a piece of legislation passed by the Standing Committee of the 13th National People’s Congress in China. Although there is no mention of cryptocurrency in the law, since it refers only to cryptography, the market treated
The first half of 2019 had been all about Bitcoin, Ether, and Litecoin, three of the main tokens which managed to rebound impulsively from last year’s lows, but things had begun to change since the summer. Bitcoin had already started to lose market dominance and investors are looking for better
After a mild start of the week, cryptocurrencies had resumed impulsively on the downside, after major news involving the US and South Korean officials who said they broke up one of the largest child pornography sites by following a Bitcoin trail. We’ve highlighted in our last weekly crypto analysis that
Things continue to get worse for the cryptocurrency project launched by Facebook. The tech giant initially planned to have the cryptocurrency network in place by June 2020, but since it officially recognized its plans, a strong wave of regulatory concerns emerged, dampening the prospects for a successful implementation by the
We continue to an increasing interest from companies around the world who want to integrate the blockchain technology into their business model. It is the case with New Balance, a world leading brand in athletic footwear based in Boston Massachusetts, who will use the Cardano blockchain in order to authenticate
Cryptocurrency investors are starting to diversify their holdings, given that Bitcoin continues to stall around the $10,200 area, while most of the other large-cap tokens are banking solid gains. For the entire 2019, Bitcoin had been the leading cryptocurrency, with its market dominance reaching 70%, a level not seen since
