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New Macro Report Says $1M BTC by 2025 Possible

27 Apr 2020 2 minute read 0 comments Abhimanyu Krishnan

A report published by Global Macro Investor (GMI) in early April offers some very optimistic predictions about the price of Bitcoin, with a price rally to $1 million possible in the future. The report is in line with several others published in recen...

Bloomberg Report on Bitcoin: Here Comes a Bull Run

27 Apr 2020 2 minute read 2 comments Abhimanyu Krishnan

A Bloomberg report, titled Bitcoin Maturation Leap, published in early April makes some highly optimistic predictions about Bitcoin and the cryptocurrency market, stating that it could possibly be on the verge of a bull run. Highlights from the repor...

Sony Announces Development of a Blockchain Platform

24 Apr 2020 1 minute read 2 comments Abhimanyu Krishnan

Sony on April 23 announced the development of a new blockchain platform, called Blockchain Common Database or "BCDB", to the end of creating a Mobility-as-a-Service (MaaS) that would encompass multiple transportation services.  The effort is a result...

New Crypto Ponzi From China Siphons $11M in Bitcoin

24 Apr 2020 1 minute read 2 comments Abhimanyu Krishnan

On April 22, media outlets began reporting that a Chinese Ponzi scheme, Antimatter Kingdom (AK), which had launched in April and attracted investors by saying it was a “super mining application group”, had stolen $12 million worth of Bitcoin (BTC). T...

Vitalik in Heated Debate on Blockchain Patents

24 Apr 2020 1 minute read 3 comments Abhimanyu Krishnan

Vitalik Buterin has taken a jab at the Bitcoin SV (BSV) project and its supporters, tweeting on April 23 that blockchain patents do not correspond with an understanding of the technology. Buterin was speaking with reference to Craig Wright’s frequen...

Crypto-Dollar For Venezuela is Now in Alpha Stage

24 Apr 2020 1 minute read 1 comment Abhimanyu Krishnan

A startup in Colombia, Valiu, has launched a new synthetic asset to help Venezuelan citizens combat hyperinflation. Valiu Chief Executive Officer (CEO) Simon Chamorro revealed the plans for the asset, called ‘cryptodollar’ in a tweet on April 23, whi...

While Oil Prices Plummet, Crypto Project Power Ledger Rolls Out Solar Trading in Australia

22 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Clean energy focused project Power Ledger (POWR), based in Australia, on April 22 revealed that it had begun rolling out solar trading services in association with firm Nicheliving in the city of Inglewood. Meanwhile, oil continues to languish in its...

Bitcoin Hash Rate up 64% As Halving Approaches

22 Apr 2020 1 minute read 1 comment Abhimanyu Krishnan

On April 16, cryptocurrency market analysis firm glassnode tweeted about Bitcoin’s hash rate - which has shot up by 64% since near its lowest point in March. The firm suggests that the upward trend is linked to the halving, which hodlers are preparin...

Is This a Satoshi Nakamoto Post From 1999?

22 Apr 2020 1 minute read 9 comments Abhimanyu Krishnan

Several reports are emerging about a particular post in a Cypherpunks’ mailing list from 1999 - which some seem to think could have been written by Satoshi Nakamoto.  The post saw members discuss the concept of “e-cash.” Specifically, one anonymous m...

Dutch Central Bank Ready to Lead Digital Euro Initiative

22 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

The central bank of the Netherlands, the De Nederlandsche Bank (DNB), on April 21 published a 45-page report that speaks of its interest in “leading” the Central Bank Digital Currency (CBDC) initiative, going over topics such as its own efforts in de...