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Gold Up, Bitcoin Down, Says Peter Schiff

13 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Prominent Bitcoin critic Peter Schiff, never one to shy away from dismissing the asset, tweeted on April 11 that the years to come will see gold moon as “Bitcoin crashes to Earth.” Schiff boldly states that Bitcoin, which has consistently outperforme...

Ripple's Tech Supports Instant Transactions Between Europe and Thailand

13 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

RippleNet member Siam Commercial Bank (SCB), Thailand’s oldest bank, announced a partnership with money transfer service Azimo on April 9 that will see the two parties use Ripple’s technology to facilitate instant cross-border transfers from Europe t...

Bitcoin Could See $3K Again, Says BitMEX CEO

13 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

BitMEX CEO Arthur Hayes, in an issue of BitMEX’s Crypto Trader Digest published on April 9, said that Bitcoin could “absolutely” touch $3000 - while also saying that he stands by his end of 2020 target of $20,000. Hayes spoke of the change in supply...

Ethereum Smart Contract Appears in Bloomberg Terminal

13 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

In what is a highly indicative sign for the market, companies are now issuing corporate bonds on Ethereum, which are subsequently making an appearance on the Bloomberg terminal. Founder of Mythos Capital and creator of the Bankless program, Ryan Sean...

$1.1B Transaction in Bitcoin for Only $0.68

13 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

On April 11, Hong Kong based exchange Bitfinex recorded a transaction of 161,500 Bitcoin for a fee of 0.00010019 BTC or $0.68. The transaction, worth roughly $1.1 billion, is a showcase of the cost-savings potential of the Bitcoin network, which in t...

Cardano Taps South Africa to Boost its Economic Growth with Blockchain Tech

9 Apr 2020 1 minute read 3 comments Abhimanyu Krishnan

The Cardano Foundation announced a partnership with the South African National Blockchain Alliance (SANBA), with the goal being “exploring further ways to expand its footprint in the region”, according to the official release published on April 7. SA...

'Rich Dad Poor Dad' Author Endorses Bitcoin

9 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Robert Kiyosaki, author of the ever-popular financial bestseller Rich Dad Poor Dad was interviewed on Morgan Creek’s Anthony Pompliano’s podcast on April 7, where the conversation ranged over many subjects, including how to protect one’s wealth. Whe...

Forbes' Billionaires 2020 List Has 4 Crypto Personas, but CZ Absent from List

9 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

Forbes has announced its Billionaires 2020 list - of which there are over 2000 - and those in the blockchain and cryptocurrency industry amount to 4.  In order of ranking, the four individuals are Bitmain co-founder Micree Zhan at #690 and $3.2 billi...

Is Reddit Using Ethereum Blockchain for a New Points System?

9 Apr 2020 1 minute read 2 comments Abhimanyu Krishnan

On April 8, a Reddit user, MagoCrypto, has unearthed what appears to be a new crypto-related feature on the platform’s Android app. The Redditor posted a video that showed a “wallet” function with an Ethereum address linked to it, as suggested by the...

Bitcoin Cash Halving Revealed the Truth About its Network

9 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

The Bitcoin Cash’s network halving, which took place yesterday on April 8, has resulted in some troubling outcomes for the network. The halving reduces the BCH rewards for miners from 12 to 6.25 BCH, and some suspected that this would spark a migrati...