Cryptocurrency 

Bitcoin Remains Stable | Crypto Market Capitalization Hits New High

Over the last month, the cryptocurrency market was on a hot streak, rising about 38% as investors piled into crypto assets such as Bitcoin and other popular alternatives like Litecoin, Ripple’s XRP, Ethereum, Bitcoin Cash, and EOS. Crypto Market Capitalization Hits New All-Time High At the beginning of the month, Bitcoin (BTC) price surged, taking analysts and traders by surprise as to what might have caused the sudden increase in price. However, analysts are unsure whether the cryptocurrencies will hold their recent gains. But considering Bitcoin has managed to maintain…

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Blockchain 

Coinbase Executive Leaves | 3 Major Departures in 6 Months

According to reports, Coinbase executive Dan Romero is stepping away from his role as vice president of international business. His departure will bring the number of executives to leave the company in the last six months to three. Another Coinbase Executive Leaves Romero announced in a Medium post earlier today that he will be leaving the crypto exchange at the end of April. He joined Coinbase in April 2014. The Coinbase executive didn’t give a specific reason for his departure but simply said he was “planning to take some time to…

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Blockchain 

Harvard University Purchases Blockstack’s Crypto Tokens

In the news making headlines in the cryptocurrency industry, Harvard University Endowment has made an investment in the crypto token sale of Blockstack. Blockstack Offering 95.83 million Crypto Tokens A filing made with the US Securities Exchange Commission listed designees affiliated to the Havard Management Company including Charlie Saravia, Rodolfo Gonzalez, and Zavain Dar who have been participating in the purchase of 95.8 million Blockstack tokens, worth $11.5 million. Although it’s not clear how much the Harvard University Endowment has purchased, it is, however, the first time a major endowment has…

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Blockchain 

Coinbase Card | Now You Can Spend Your Crypto Instantly

The Coinbase card is looking to make cryptocurrencies easier to pay with. Over a long time, Bitcoin and other cryptocurrencies such as Litecoin, Ethereum, and Ripple’s XRP have been criticized that they are hard to use and spend in the real world compared to fiat currency. Last week, the price of Bitcoin surged to $5,000, but due to its volatility and instability, BTC is still not considered the best means of payment. Bitcoin is thus considered to be a store of value just like gold instead of being an exchange…

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Blockchain 

Bakkt Hires PayPal and Google Veteran as Chief Product Officer

Bitcoin futures exchange Bakkt has a new chief product officer. Announced via Medium earlier today, the exchange has added Mike Blandina to its team. Bakkt Hires New CPO In previous years, Blandina has worked at PayPal where he served as head of payments and credit engineering. He has also been director of engineering for Google Wallet. In most recent years, Blandina was chief technology officer and product and engineering at OneMarket. CEO of Bakkt Kelly Loeffler wrote in the blog post: “As our CPO, Mike will lead our efforts to…

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Blockchain 

Bitcoin Price is in the Green but EOS is Today’s Real Winner

The cryptocurrency top ten are in the green! Well, eight of them are at least. According to CoinMarketCap, the total cryptocurrency market cap today is $182,807,737,820. As usual, when Bitcoin price is in the green, the rest of the market tends to be too. At the time of writing, Bitcoin is showing gains of a respectable 1.13%—a continued increase from a bull run now lasting over a week. Further down the chart, EOS is running away with a 6.84% increase. What has Bitcoin in the green as of late? The entire…

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Blockchain 

How Cryptocurrency Traders Benefit from Blockchain Technology

Blockchain technology is a critical infrastructure for the existence of cryptocurrency and arguably one of the reasons why cryptocurrencies exist. The two are different, but they are essentially part of the same system. Blockchain technology, therefore, affects traders directly but there are other ways that cryptocurrency traders benefit from the technology. It not only supports the existence of digital currencies but also facilitates the transfer and storage of funds, therefore making it easy for crypto investors to trade. Blockchain’s Impact on Cryptocurrency Value The value a cryptocurrency also seems to…

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Blockchain 

Chinese Investors Jump on Bitcoin’s Bull Trend but at a Higher Price

Cryptocurrency investment is on the rise right now, especially due to the recent Bitcoin uptick. BTC’s recent climb attracted Chinese investors, but they’re paying a premium price because they have to pay extra to purchase over the counter. China previously banned cryptocurrency exchanges from operating within its borders and also banned crypto trading. However, Chinese crypto investors have been using OTC platforms to access the cryptocurrency markets. The downside is that they have to purchase Bitcoin and other cryptocurrencies at a higher price than the officially listed market value. Some…

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Blockchain 

China’s NDRC Wants to Ban Crypto Mining

According to Reuters, China’s state planner wants to ban Bitcoin mining. The National Development and Reform Commission (NDRC) has updated a draft list of industrial activities that it is looking to encourage, restrict, or eliminate. The list was first published in 2011. NDRC Wants to Ban Cryptocurrency Mining Unfortunately for crypto enthusiasts, cryptocurrency mining has made the elimination list. The NDRC concluded that it, along with 450 activities, should be phased out as they did not follow current laws and regulations. As stated, cryptocurrency mining was joined by 450 other…

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Blockchain 

Cryptocurrency Witnesses Better Returns than Equities This year

Good days may be ahead for cryptocurrencies. The sentiment of digital assets is improving slowly after witnessing a bear trend in 2018. The total cryptocurrency market cap has increased considerably by over $50 billion USD since the beginning of 2019. Many digital assets are outperforming the market when compared to the largest indices worldwide. CCI30 Increases by 40% Since the beginning of this year, the CCI30 (Cryptocurrency Index 30) has gained as much as 40%, reversing the initial downtrend. Cryptocurrencies like Bitcoin (BTC), which witnessed a drop in the middle of…

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