Bitcoin (BTC) starts a new week with a decidedly bearish move — but one that fails to shake investor confidence in the bull run.A mixed weekend saw BTC/USD close above $47,000 only to lose all of its previous gains to challenge $45,000 support hours later.It’s a delicate situation — not just Bitcoin, but stocks and sentiment are taking a beating…
India’s state-owned telecom Bharat Sanchar Nigam Limited (BSNL) has registered 7,477 businesses on its blockchain-based communication platform after authorities imposed new regulations to protect consumers from spam and fraud.The Telecom Regulatory Authority of India (TRAI) established messaging regulations that require scrubbing consumer communication messages to ensure that the receiver of the message has opted in for such interactions. The drive…
On September 17, the largest non-fungible token (NFT) marketplace in terms of volume, Opensea, announced the launch of the platform’s mobile application. Opensea marketplace users can now access a wide variety of NFT collections on their smartphones by downloading the application from Apple’s App Store or the Google Play store. Opensea Launches Mobile App for iOS and Android Phones According…
Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currency’s black market exchange rates, has announced the suspension of their daily updates. This suspension will remain in effect until Abokifx gets “better clarity of the situation,” management said on September 17, 2021. Tracking of Parallel Market Rates ‘Undermining’ Nigerian Economy…
Bitcoin.com, in line with its vision to support ‘economic freedom,’ is refocusing its efforts on non-custodial, or ‘self hosted,’ crypto products, including exchange. Therefore, the Bitcoin.com Wallet, which is fully non-custodial and provides users with direct access to public blockchains like Bitcoin, Bitcoin Cash, and Ethereum will be the company’s flagship product going forward. What’s the non-custodial model? When you…
Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been exponential. The profile of these new participants has also been interesting, as they are highly educated, not only focused just on bitcoin, and are open to diversifying their portfolios with…
A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that Ethereum is not so unique anymore, and it is facing tough competition…
On September 17, 2019, a public beta test was launched for the Hedera Hashgraph network, a distributed registry with a declared throughput of 10,000 transactions per second. The platform also launched its own Hedera Hashgraph cryptocurrency HBAR as well as a service for smart contracts and file storage. Additionally, there are already over three dozen applications already operating on its…
Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses Over 40 BTC With Stolen Vehicle in Ukraine Dmitry Gurin, a member of Ukrainian parliament from President Zelensky’s…
Basic Attention Token (BAT) is the token that powers a blockchain-based digital advertising platform. The platform was designed to give fair rewards to users in return for their attention while offering advertisers higher ad profit. The project was launched in 2015 by the famous American programmer Brendan Eich, the founder of the Mozilla browser and the JavaScript language. The main…
