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
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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
Although a promising token back in 2017, XRP is currently in the negative as compared to the January 2019 open and looks poised to retest the December 2017 lows, located around 20.5 cents on the Kraken exchange. This year we’ve seen several important news regarding XRP, including the integration into
Blockchain used to reduce the level of CO2 from the atmosphere may be a crazy idea for some, but the Germany Free Democratic Party (FDP) had suggested a method in which people who remove greenhouse gases would be rewarded with cryptocurrencies. At the present time, Germany is one of the
There had been many speculations throughout the month of August on the People’s Bank of China launching its own cryptocurrency by November this year. CNBC, Reuters, and Bloomberg, all reported on the issue, after a claim from the PBoC deputy director. Just recently we’ve seen the Central Bank of Brazil
According to a decision taken on August 26th, the Central Bank of Brazil (CBB) will classify the purchasing and selling of cryptocurrency assets based on the guidelines provided by the International Monetary Fund. There had been a huge debate on whether these assets should be treated as usual money of
Cryptocurrencies had taken a tumble in the past week, as market sentiment deteriorated again. Global financial markets had been rattled in recent days, as the bond markets are beginning to ring recession signals. Both US and UK yield curves had inverted, a phenomenon not seen since 2007 and 2008, respectively.
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