Day: January 18, 2020

Towards the end of 2019 that lackluster price action experienced by Bitcoin had led many investors and analysts alike to grow increasingly bearish on the cryptocurrency, and discussions about BTC surging to fresh all-time highs were far and few between. This has changed in the meanwhile, however, as the uptrend the cryptocurrency has been caught within throughout 2020 appears to have revitalized bulls, leading many investors to begin offering their predictions for where the crypto could travel to at the peak of its next parabolic rally. One prominent analyst is…

Bitcoin started 2020 in fine form. The BTC price opened the year at around $7,185 and, at the time of writing, sits just shy of $8,900. With the leading crypto asset posting consistent gains so far this year, a sense of bullishness has returned to the industry. The quadrennial Bitcoin halving and its potential impact on prices has many people exited, not least because of pumps both before and after previous halvings. Does Bitcoin Hit a Trillion Dollar Market this Time? The parent company of Google, Alphabet, reached a $1…

On Friday, The North American Bitcoin Conference (TNABC) convened for its final day with a great deal of well known speakers from the blockchain and cryptocurrency industry. The slew of speakers discussed topics like the future of crypto mining, SLP tokens, digital currency enterprise solutions, creating new markets, and what to expect from government regulation in 2020. Also Read: BTC Miami Blockchain Conference Kicks Off Its Seventh Year TNABC Wraps Up the Final Day Miami Blockchain Week continues as the final day of the seventh annual TNABC event comes to…

The Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell, however, whether his plan encompasses the legal use of decentralized digital currencies. Also read: Direct Democracy Party to Solve Issues With Crypto Rights in Russia Russian President to Lose Powers, After Putin Mishustin was appointed head of the Russian government shortly after his nomination this…

Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone. This year, the king of stablecoins faces a renewed assault from Binance’s BUSD, Saga’s SGD, and a revitalized USD Coin (USDC). But can any of them claw market share from tether, or will the king of stablecoins increase its stranglehold? Also read: Competing Stablecoins Can’t…