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Robert Kiyosaki Bets on $75K Bitcoin by 2023

18 May 2020 1 minute read 0 comments Jeremy Wall

Robert Kiyosaki, author of the popular personal finance book series, “Rich Dad, Poor Dad”, proclaimed that Bitcoin will surge to $75,000 as the US economy dies amid the global pandemic. In a viral Tweet, Kiyosaki revealed that he’s buying more gold,...

DigiByte Founder Takes a Break from the Project

18 May 2020 1 minute read 1 comment Jeremy Wall

DigiByte Founder, Jared Tate, announced Friday (May 15, 2020) that he’s temporarily stepping down from his leading CEO role and daily operations at DigiByte.   Tate’s departure comes shortly after DigiByte (DGB) rallied by 900% in roughly six weeks,...

Coinbase Adds New Cryptocurrency To Its Pro Exchange

15 May 2020 1 minute read 0 comments Abhimanyu Krishnan

On May 14, Coinbase announced that it would add a new token, OmiseGO (OMG), to its professional trading platform, which usually precedes the addition of a token to its basic platform. Deposits will start on Monday, May 18, with full trading beginning...

Bitcoin Account with 4.3% Interest Available to 80,000 Germans

15 May 2020 1 minute read 4 comments Abhimanyu Krishnan

Crypto-friendly German bank Bitwala on May 12 introduced a new product to its customers: a Bitcoin (BTC) interest account that gives users the opportunity to earn 4.3% on their Bitcoin holdings.  The bank hints at the motivation for the new product,...

HEX, the Next Bitconnect, Nears $1B Market Cap

15 May 2020 1 minute read 20 comments Abhimanyu Krishnan

Cryptocurrency project HEX, which has been denounced by some in the cryptocommunity, has experienced a sudden surge in its market cap. The project and its founder, Richard Heart, have been on the receiving end of a large amount of criticism, and the...

Visa Considered Ethereum for a Digital Currency

15 May 2020 1 minute read 2 comments Abhimanyu Krishnan

A patent application published by Visa on May 14 shows that the financial company is considering launching its own digital currency. The patent for a blockchain-based digital currency was filed at the U.S. Patent and Trademark Office on May 14, but w...

Coinbase Sees DEXs as the Future in new report

15 May 2020 1 minute read 4 comments Abhimanyu Krishnan

On May 14, US-based cryptocurrency exchange Coinbase published a new report that shed light on some major developments in the blockchain and cryptocurrency space. Most notably, Coinbase has said that while there is still a few years to go, the decent...

Binance New Up & Down Tokens Spark Controversy

14 May 2020 2 minute read 0 comments Abhimanyu Krishnan

Binance’s latest addition, Binance Leveraged Tokens (BLVT), announced via a blog post on May 13, has met with some criticism from the cryptocommunity. The new tokens, Binance says, eased liquidation risk and the “nitty-gritty of managing a leveraged...

Bitcoin on Ethereum Now Exceeds Bitcoin on Lightning Network

14 May 2020 1 minute read 0 comments Abhimanyu Krishnan

According to Ethereum (ETH) blockchain data on May 12, a recent transaction resulted in the minting of 1000 Wrapped Bitcoin (wBTC) on the Ethereum network - which even exceeds the BTC locked into the lightning network. Wrapped Bitcoin have been gaini...

18 Accounts Made 50% of all XRP Transactions

14 May 2020 1 minute read 1 comment Abhimanyu Krishnan

A research paper made available on May 12 on open-access research paper repository arXiv has examined the transactions on major blockchains XRP, EOS (EOS) and Tezos (XTZ), with interesting results. Notably, it states that only 18 accounts were respon...