Bitcoin 

Bitcoin Halving | How the Miners are Faring So Far

On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since miners’ rewards for verifying blockchain transactions are usually trimmed by 50% following a halving event, past events have forced miners to adopt numerous changes to cater for the drops in profitability. What about the recent halving event? How have things unfolded for miners this time around? Mining Inefficiencies One obvious impact of a halving event…

Read More
Bitcoin 

How Accepting Cryptocurrency Could Save Businesses Money

If you’re like many, you’ve probably heard a lot about cryptocurrency in the past few years. It grows in popularity every day, and for businesses, it could save them money. When deciding if cryptocurrency will work for your business, you should also consider the pros and cons. For some companies, the integration will work well. For others, though, it may not yet be a wise investment. What is Cryptocurrency? Cryptocurrency is an internet-based form of money that uses blockchain technology and cryptographic properties to facilitate a transaction. It is a…

Read More
Bitcoin 

ETH is in Focus Ahead of Ethereum 2.0

HomeNewsEthereum NewsETH is in Focus Ahead of Ethereum 2.0: What to Expect? The crypto space has not been in the best of health over the past few weeks as the coronavirus pandemic and the associated turmoil in the markets took its toll. However, that does not mean that important developments have not been taking place in the crypto sphere amidst the turmoil. Key Things to Watch One of the most anticipated events in the crypto space at this point is Ethereum 2.0, and traders are eager to figure out how…

Read More
Bitcoin 

Bitcoin Halving is Coming Soon

The crypto sphere has seen a lot of buzz over the past few months with regards to the Bitcoin halving that is going to take place in May. Bitcoin is the biggest cryptocurrency in the world, and it is only natural that the upcoming halving event has caused such a stir in the crypto sphere at large. Key Things to Watch However, there is something else that needs to be considered at this point. The markets across the world have been sent into a tailspin due to the onset of…

Read More
Bitcoin 

Coinbase Invests Over $1 Million into DeFi Sites

One of the major reasons behind the rapid development of the cryptocurrency space is the presence of crypto exchanges, and Coinbase is one of the most influential exchanges in the world. On Wednesday, the company further strengthened its bets in the decentralized finance (DeFi) applications space by announcing a fresh round of investments. Major Investment Coinbase announced that it has decided to invest a total of $1.1 million in two separate projects through its USDC Bootstrap Fund. This is a major development for the DeFi space and for the crypto…

Read More
Bitcoin 

Binance Enters South Korea, Gets Approval for OkCoin

HomeNewsExchangesBinance Enters South Korea, Gets Approval for OkCoin The growth in the cryptocurrency industry has been made possible by the presence of crypto exchanges, and in that regard, Binance has been one of the most influential. In a new development that should come as a major boost to the crypto sphere, the crypto exchange announced that it is all set to launch its operations in South Korea. Major Details Binance acquired the Fintech company BxB Inc and is now going to turn it into a global exchange for South Korean…

Read More
Bitcoin 

TRON Partners With Metal Pay to Enable Instant Purchase of TRX

Over the course of the past few years, TRON (TRX) has emerged as one of the more promising cryptocurrencies in the market and today, there was another landmark announcement regarding the token. According to the announcement today, TRX has partnered with Metal Pay, a cryptocurrency service provider and the agreement is expected to be beneficial for the cryptocurrency. Major Details By way of this agreement, users on Metal Pay mobile application will be able to purchase TRX with fiat currency. This is a major development since it opens up TRX…

Read More
Bitcoin 

How Bitcoin is Faring So Far

The coronavirus crisis has seen Bitcoin price nosedive in one of the greatest Bitcoin price crashes since its inception. With a 52% drop in price in a single week, the coronavirus has left many Bitcoin enthusiasts scratching their heads. Even the legendary crypto trader, Peter Brandt, who predicted Bitcoin’s peak way back in 2017, tweeted that he wouldn’t be shocked if it crashed to $1,000 and below. Will Bitcoin recover from such a huge crash? And can it still be trusted to store value over time? These are just some…

Read More
Bitcoin 

Is Bitcoin (BTC) a Buy After the Recent Market Sell-Off?

The coronavirus pandemic has resulted in massive turmoil in stock markets across the world, and almost all asset classes have suffered due to the deep selloff over the past few days. The same has been the case with Bitcoin, the world’s biggest cryptocurrency by market cap, and over the past weeks, its price has declined quite dramatically. The cryptocurrency started off 2020 on a positive note, surging at a promising rate. However, over the past few weeks, it has tanked by 50%. Hedge Against Recession? One of the most important…

Read More
Bitcoin 

What Factors Can Make a Cryptocurrency Crash?

Cryptocurrencies are notorious for being volatile, and the fact that their prices fluctuate wildly is really quite normal. However, what is not so normal is when the price suddenly plummets and wipes out a huge amount of value. That is what is known as a crash, and it is one of the things that people fear most. Over the years, there have been several cryptocurrency crashes, and the most notable was in 2018 when the value of cryptocurrencies fell over 60% in about a month. As unpredictable as these crashes…

Read More