Afia Sheikh

Bitcoin will be a multi-trillion dollar asset class, says Turr Demeester

Turr Demeester is an economist and investor mainly known for his crypto analysis statements. A new report by Adamant Capital suggests that the smart money represented by Bitcoin whales is in the accumulation phase. The company consider it the last phase of the bear market and suggest its value investors that it is the right […]

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bitcoin

Crypto winter is over. Bitcoin may reach at $10,00 by year’s end

In a recent Forbes post, Clem Chambers, the chief executive of ADVFN and a finance author, explained why he thinks that crypto winter is over and now Bitcoin has only one way to go – Up. He explains that among other stable coins, money flows into crypto is what sustains and raises prices. As chambers […]

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sony

Sony created a multi-purpose digital wallet with new features

The biggest challenge crypto industry is facing right now is the security. Even the most advanced and digitally secured exchanges and wallets have been hacked and lost millions of dollars. And that’s why hardware wallets are gaining so much popularity these days. Sony is one of the latest companies to come forward. They developed a […]

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crypto

Crypto currency is now Self-regulatory Authority in Japan

The biggest breakthrough in the crypto industry just happened in Japan. The country’s financial service agency approved the self-regulation status for crypto currency. They granted the Japan Virtual Currency Exchange the authority to monitor and sanction any trade related to crypto currency. A department at JVCEA’s laid down rules to ensure the security of investor’s […]

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bitcoin

Bitcoin Futures: Where it lies in the future?

December 2017, when crypto currency fever was at its highest peak, traders eagerly waited for new coin on their computers to witness an entirely new trend in crypto assets. Bitcoin Futures start started trading on CBoe Global Market’s exchange at 5 PM. Future was a completely new idea. It let the investors bet on the […]

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bitcoin

Bitcoin is going to be 10 years old on October 31, 2018

Ten years ago, when Satoshi Nakamoto wrote a research paper, no one had an idea what potential it holds for the future. In fact, Bitcoin was never intended to be the digital currency of future. It took few years for the industry to have the first exchange operational on March 17, 2010. On May 20, […]

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recession

Could Crypto currency be an alternative solution for 2020 recession?

Banking giant billionaire JP Morgan chase has predicted only 60 percent chance for the next recession to occur in 2020. In era of chaos and market crash, can crypto be a viable alternative to existing currency value? Analysts are predicting the history’s biggest recession by the end of 2019 or in the start of 2020. […]

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crypto

Hackers stole $882 Million from crypto currency exchanges in two years

Recently, a Russian cyber security firm concluded a report on past two years hacking attempts on crypto currency exchanges. The report suggest that there has been $882 million stolen from crypto currency exchanges by hackers and still counting. As report suggest that none of these were captured or tracked down. These figures are more likely […]

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crypto

Job opportunities for Blockchain professional just got better

As block chain and related technologies are growing, more and more companies are hiring IT professionals with working knowledge of blockchain and crypto currencies. Not just It startups branching out in crypto industry but other related industries from health to financial sector is working on blockchain and decentralized information systems. Companies are willing to higher […]

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custom officer

Law threaten Crypto currency owners passing through customs

A new series of liberal democratic law supposed to create a better law n order situation is enriching on the rights of travelers. New Zealand has also joined to implement this law on its border that give custom officer unprecedented investigation powers. They can ask any traveler to disclose their password or inbox or face […]

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stock

Are Bitcoin and Stocks correlated in any way?

Digital currencies were never meant to be an asset correlated to anything or controlled by any centralized authority but it seems there is some evidence for having Bitcoin correlated with things like equities and stocks. Like Bitcoin show a trend when certain countries market open. Like South Korean stock market or London Stock exchange: these […]

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bitcoin

Bitcoin surges 10 percent while tether falls

Bitcoin dropped last week up to 5 percent – dragging ripple, Ethereum along with it. Earlier this month, the Bitcoin seem to show a stable trend at its 17 month low volatility low but the stability seem to be over, with the wipe off of billions of dollars from its market within minutes. This week’s […]

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bitcoin

For retail miners Bitcoin mining isn’t profitable anymore

Bitcoin mining was a profitable business once, and it was very much like getting free money. You plugged in your PC, which start solving complicated mathematical problems on the Bitcoin ledger, and for the service provide, you were provided with Bitcoin. Now, after a decade since the first Bitcoin was mined, competition to solve these […]

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Google seem to feel different about crypto currency now

The Search Engine Giant Google didn’t like crypto currency but that was past. Last month Google decided to roll back its ban on crypto currencies, allowing regulatory crypto currency exchanges to buy ads in USA and Japan. The world’s biggest banks and financial companies are adopting and integrating Bitcoin and crypto currencies into their products. […]

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stable coin

How stable coins are changing the crypto currency market

Recently there is new trend emerging in form of stable coins. According to recent reports, there are at least 57 stable coins have been released or currently in the development phase. A stable coins is a crypto currency that is attached to the value of an underlying asset like dollar or euro. They are called […]

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crypto

Crypto currency Market Update for This week

The crypto industry observers suggest crypto market is in the process of “bottoming out”. Despite of few good news, the market experience mix trends. Spencer Bogart of cryptocurrency and blockchain venture firm Blockchain Capital suggest that Bitcoin is close to bottoming and once it rebounds, this week’s developments will fuel its climb. He further add, […]

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crypto

Wall Street Journal created their own crypto currency

Crypto currency has been under criticism since it came into main stream business, especially media never left any opportunity to create sensation around the crypto currency. Despite of what other thinks, crypto currency enthusiasts continue to grow the digital assets. The Wall Street coin’s journey started from Japan, birthplace for crypto currency and blockchain innovation, […]

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Bitcoin

Bitcoin experts expecting imminent drop in Crytocurrency

Yesterday, Bitcoin price dipped below $6,500 which is a key price point for BTC. This could be a sign of an imminent slide in its value, crypto expert suggest. Crypto expert Nikola has predicted a downside breakout to a security’s price movement through resistance level which could means the price could be on the verge […]

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bitcoin

Coke vending machine now accepting Bitcoin

Investors wanted global adoption of Bitcoin for a long time now, but getting people exchanging their Bitcoins for small goods or services seem to be a problem so far. This seem to change in near future because of the effort and research Lightning Network has put into crypto currency exchanges. Ricardo Reis found a coke […]

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bitcoin

An overview – Bitcoin trend in third quarter

Bitcoin is currently hovering at $6,950. On the last day of September, Bitcoin trading closed at $5,570 which is 6.30 percent drop to September’s opening price of $7,014. Bitcoin also register a 10 percent fall in August, according to CoinDesk’s Bitcoin Price Index. Bitcoin seem to have a fall for a second straight month, but […]

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blockchain

DubaiPay is powered by block chain now

DubaiPay is recognized way of online transactions in Dubai and now it is being powered by Block chain technology. Mira Sultan Obaid Abdul Rahman, director of smart services told GulfNews the stratedy was to increase Government Efficiency by transferring all transactions to the block chain network. According to the spoke person, the Department of Finance […]

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ripple

Crypto market boosted by surge: $20 million in 2 days

Last 48 hours were really good for the crypto market. The valuation of the markets increased from $198 billion to $218 billion in a rally, boosted by a surge in Ripple token XRP. On Sept 21, XRP the native crypto currency of the Ripple Blockchain Network experienced a 40 percent rise as a continuation of […]

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crypto exchange

Crypto exchange got hacked, losing $60 million

Hackers just attacked a Japan based crypto exchange and get away with crypto currency worth 6.7 billion yen, which is about $60 billion, including 5,966 Bitcoins. On September 14, around the market closing time, the exchange ‘Zaif’ noticed an unusual outflow of the funds on the platform. It was clearly enough to raise the concern […]

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crypto market

Crypto market demonstrated less volatile trend for Bitcoin

Over the past 24 hours, crypto market has showed unexpected stability around $200 billion while Bitcoin prices over over $6,400 and Ethereum remained above $220. Bitcoin prices has been a matter of concern for few days, as only in three days, it fell nearly 30 percent. The prices of Bitcoin are still remain low and […]

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bitcoin cash

Bitcoin Cash found temporary support at $300, could reach $400 plus

Bitcoin cash was born following a 2017 Bitcoin hard fork but BTC couldn’t even make to the second position in crypto industry. A week ago, crypto market faced a horrible crash, causing crypto coins to fell 10% or even more. For Bitcoin Cash it was 20% fell off, which was significant enough to set the […]

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crypto

Crypto isn’t dead. Bitcoin rebounds to $6,400

After a drastic fell-off up to 10% or more for some coins, the crypto currency market finally found much needed stability on Wednesday. Over the past 24 hours, Bitcoin has hovered over $6,100 and $6,400 range, mostly settling to daily high at $6,400 after some deliberation in the mid $6,300. At the time of writing, […]

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bitcoin

Police investigate if Bitcoin future positions were forced liquidated on Sept 5

Police department in Shanghai arrested StarXu, founder of crypto exchange OkCoin and kept him in custody for 24 hours, assisting an investigation into investors’ accusations that OKEx manipulated Bitcoin futures on its platform. Chinese business media reported on Tuesday that, since the night of September 10, Xu had been answering at the Shanghai Police’s Weifang […]

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stable coins

Stable coins a new trend in volatile cryptomarket

While cryptocurrency is getting an immense amount of attention from investors and stack holders, new coins continue to be announced almost every day. Among of these new arrivals, some are creating hype of being “stable” compared to existing crypto coins. Some of these call Tether, Basis and SagaCoin. Their values are rigidly tied to the […]

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Ethereum

There won’t be another 1000x growth in cryptocurrency – says Ethereum Co-founder

Growth of Bitcoin and other crypto currencies has been a controversial topic. Rumors have impacted the crypto market all the time. Some optimists and self-claim visionaries believe that this digital asset has the potential to the world’s next currency and it is only matter of years now. While the pessimists on the other side completely […]

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bitcoin

Bitcoin dropped, Crypto Market crashed, here’s why? Experts explains

Just over the span of two days, crypto market has plunged to $21 billion as Bitcoin lost over 10 percent, moving closer to its yearly low. On September 6th, the price of Bitcoin dropped by more than 10 percent within just one hour. The crypto currency has been on continuous fall ever since then. Other […]

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