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Aug 21, 2020
3 min

Bitcoin Surpasses the NZ dollar by Market Capitalization and Bank of America

With the price of Bitcoin reaching a whopping $11,818, what can be more fascinating than the fact that it has surpassed not only the Bank of America but also the New Zealand Dollar. You should note that because of more enthusiastic first-time investors, the valuation of Bitcoin has become even higher than that of Bank of America. So, we can say that Bitcoin has become the leading cryptocurrency, getting closer to the valuation of PayPal. Taking into account AssetDash data as

Anthony Pompliano Believes Bitcoin’s Market Cap Will Surpass Gold’s in Less Than a Decade

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Aug 19, 2020
2 min

Anthony Pompliano Believes Bitcoin’s Market Cap Will Surpass Gold’s in Less Than a Decade

So Bitcoin’s market cap would be about $9 trillion dollars. Anthony Pompliano who is the founder and partner at Morgan Creek Digital thinks that by the end of 2029, the market cap of Bitcoin (BTC) will be larger than that of gold. Anthony’s tweet encouraged a response from Peter Schiff: “By 2029 you'll be lucky if the market cap of #Bitcoin still exceeds the market cap of a baseball cap.” This just led to Pompiliano doubling down on his prognostication. He replied to Schiff,

$550 Ethereum Price is Closer as ETH Options Data Suggest

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Aug 19, 2020
3 min

$550 Ethereum Price is Closer as ETH Options Data Suggest

Ethereum cost has slowed down underneath $440 yet ETH alternatives and prospects information proposes that $500 is nearer than it may appear. Open enthusiasm on Ether (ETH) fates developed by 250% in the course of recent months to reach $1.7 billion. This mind-boggling development happened as the cryptocurrency broke the $400 protection from arriving at its most significant levels in two years. Lamentably, its absolutely impossible to determine whether fates contracts are for

Dollar’s Weakness Will Drive Bitcoin To New Heights

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Aug 18, 2020
3 min

Dollar’s Weakness Will Drive Bitcoin To New Heights

A week ago, bitcoin was apparently determined by one factor, the US dollar. This dynamic is effectively observed while smudging the USD record (DXY) against bitcoin. Besides, Digital Assets research firm, Delphi Digital notes "Gold bugs have been rejoicing in recent weeks...dollar weakness coupled with deeply negative real yields has created a perfect storm for gold and precious metals." Additionally, Delphi Digital states "Gold’s latest surge puts it among this year’s best p

Blockchain E-Passports to Save the Tourism Industry?

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Aug 17, 2020
2 min

Blockchain E-Passports to Save the Tourism Industry?

ShareRing has propelled an unknown e-passport application with contact following with an end goal to restore the $9 trillion worldwide in the tourism industry. Venture centered blockchain organization ShareRing has propelled a blockchain-based contact following arrangement it will offer to 2.6 million lodging and action suppliers that right now utilize one of the organization's administrations. The mysterious e-passport application plans to comprehend the security issues conf

Galaxy Digital Ad Tells to Financial Times Readers to Invest in Bitcoin

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Aug 16, 2020
2 min

Galaxy Digital Ad Tells to Financial Times Readers to Invest in Bitcoin

The full-page advertisement in UK-based international company newspaper Financial Times states ‘Now is the time to invest in Bitcoin’. Mike Novogratz’s who is the CEO of Galaxy Digital is following in Grayscale Investments’ tracks by publishing an ad for cryptocurrency to the general public, this time using print media. A complete-page ad for the cryptocurrency investment bank appeared in Financial Times which is the U.K.-based international business newspaper. The ad stated

Winklevoss said US Dollar Is Not Less than a ‘Funny Money’ Endorsement of Bitcoin

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Aug 15, 2020
3 min

Winklevoss said US Dollar Is Not Less than a ‘Funny Money’ Endorsement of Bitcoin

Coronavirus stimulus disappointments show exactly how superfluous the dollar gracefully has become and this "a wakeup call" for those not taking a gander at Bitcoin, Cameron Winklevoss contends. The United States' inability to concede to Coronavirus stimulus shows that the dollar is "funny money" and underwrites Bitcoin (BTC), says Cameron Winklevoss. In a tweet on Aug. 6, the Gemini trade co-founder conveyed a cursing evaluation of the absence of progress in Washington to co

MicroStrategy Adopted Bitcoin - 3 Major Reasons Other Will Follow it Too

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Aug 14, 2020
3 min

MicroStrategy Adopted Bitcoin - 3 Major Reasons Other Will Follow it Too

The CEO of the organization that just purchased 21,454 BTC calls it "digital gold," and the tide will make the business world concede the equivalent, state supporters. MicroStrategy has embraced Bitcoin (BTC) as its hold cash — and shocked observers by buying more than 21,000 BTC on Aug. 11. The world's biggest traded on an open market business insight organization has traded fiat for Bitcoin as its depository holds a resource, however, the purposes for it propose that all th

CoinMarketCap Launches Earn Campaign with Band Protocol

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Aug 12, 2020
2 min

CoinMarketCap Launches Earn Campaign with Band Protocol

The globe’s most-referenced price-tracking website for crypto assets, CoinMarketCap, starts an educational program starting with Band Protocol (BAND) which will let users earn crypto assets by finishing educational tasks. All CoinMarketCap users will be able to study about the oracle problem, a key infrastructure of the blockchain industry that powers decentralized finance, and how tokens like BAND are instrumental in building a decentralized and scalable oracle network. The

Facebook With Launch of New Product Group Goes All-In on Fintech

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Aug 12, 2020
2 min

Facebook With Launch of New Product Group Goes All-In on Fintech

Facebook has decided not to take "no" for an answer with regards to fintech. Facebook has launched another item gathering to advance "installments and trade openings" with David Marcus, Libra's co-maker, accountable for the division. The gathering, called Facebook Financial — or "F2" — will run its installments ventures, including an arranged Facebook Pay, Bloomberg provided details regarding Monday. The division has all the earmarks of being joining Facebook's past undertaki

World’s Largest Business Intelligence Company, MicroStrategy, Purchases 21K Bitcoin for $250M

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Aug 11, 2020
1 min

World’s Largest Business Intelligence Company, MicroStrategy, Purchases 21K Bitcoin for $250M

MicroStrategy verifies that it has made Bitcoin its first treasury reserve asset as institutional uptake takes a tense bullish step ahead. The world’s biggest publicly traded business intelligence company MicroStrategy (Nasdaq: MSTR) has formally selected Bitcoin (BTC) as its primary reserve asset. MicroStrategy confirmed on August 11 that it had bought 21,454 BTC for $250 million. MicroStrategy: Move “reflects our belief in Bitcoin” CEO of MicroStrategy, Michael J. Saylor, s

Bitcoin value rises to $12,000. Next target $15,000?

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Aug 10, 2020
3 min

Bitcoin value rises to $12,000. Next target $15,000?

Bitcoin smashed through the $12,000 mark again a few hours ago and could mark the start of a fresh bull run. Analysts say that Bitcoin could remain to increase in the long term, but that a correction is likely in the brief term. BTC showed a plus of 2.18% in the last 24 hours. Bitcoin has been trending mainly sideways over the weekend, but the price broke through the $12,000 mark hours ago. The market capitalization has increased from $216 billion to nearly $220 billion and t

Tom Emmer Is Saying That Coronavirus Crisis Will Make Bitcoin ‘More Important’ And ‘Stronger’

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Aug 8, 2020
2 min

Tom Emmer Is Saying That Coronavirus Crisis Will Make Bitcoin ‘More Important’ And ‘Stronger’

The coronavirus has created an unprecedented global economic mess, not unlike the 2008 global economic crisis that led to bitcoin's creation. Many investors have turned to bitcoin recently to combat the inflation they see coming as a consequence of the unprecedented coronavirus stimulus measures the U.S. Federal Reserve and other central banks have pumped into the system. U.S. Congressman Tom Emmer told that he expects bitcoin to "get stronger" as the world emerges from the c

Ethereum 2.0 Launch: All You Need To Know

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Aug 7, 2020
3 min

Ethereum 2.0 Launch: All You Need To Know

The much-awaited Ethereum 2.0 update is all set to unveil on August 4th. The platform's launch coordinator, Danny Ryan, recently shared the news. He said, "After discussions with client teams, the next multi-client testnet (mainnet config including min validator numbers) will have a min genesis time of August 4th." Ethereum 2.0 is aimed at creating a unique proof-of-stake blockchain network known as the beacon chain. Now, crypto investors holding more than 32 ETH will reward

Bitcoin Market Cap Surpasses Now Intel and Coca-Cola

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Aug 6, 2020
2 min

Bitcoin Market Cap Surpasses Now Intel and Coca-Cola

Bitcoin passes Intel and Coca-Cola at a market capitalization of $215 billion. Amid a significant bullish trend on cryptocurrency markets, Bitcoin’s (BTC) market capitalization is surpassing some major publicly traded firms like Intel and Coca-Cola. Following a bullish market in late July 2020, Bitcoin’s market cap marked a notable rise to cross a $200 billion threshold. According to data from Coin360, the market cap of the largest cryptocurrency accounts for more than $207 b

Binance’s Trust Wallets expands DeFi Services and Hits 5M Users

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Aug 4, 2020
2 min

Binance’s Trust Wallets expands DeFi Services and Hits 5M Users

Binance claimed Trust Wallet is presently delving into the DeFi part as it has hit a 5,000,000 client achievement. Crypto giant Binance gained Trust Wallet two years back today. In that short period of time, the administration has figured out how to sum 5 million clients, and it is currently venturing into the blossoming DeFi division. Notwithstanding the 5,000,000 client achievement, Trust Wallet asserts that 10% of this quickly gained client base is currently getting to a w

The US Has Printed A Shocking Amount Of Cash In One Month

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Aug 3, 2020
2 min

The US Has Printed A Shocking Amount Of Cash In One Month

The US Printed More Cash in One Month Than in Two Centuries. Now the question is- will it really lead to inflation cause the Federal Reserve’s money printer has cranked up to absurd levels. Pantera Capital CEO Dan Morehead wrote in a letter to investors published on July 29 that the United States has printed a shocking amount of money to fight the pandemic-induced financial crisis. Morehead wrote: “The United States printed more money in June than in the first two centuries a