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Category: Cryptocurrency News

Increasing Number Of Americans Owning Crypto, New All-Time Hash Rate

The latest study by Finder, has found that the number of Americans owning cryptocurrencies has almost doubled in 2019. From 7.95% in 2018 to 14.4% in 2019. Finder is an Australian based financial service firm. The firm surveyed about 2068 Americans and found that about 36.5 million people in the United States alone possessed some […]

Bitcoin Price Analysis And Next Stop

For about a month now, bitcoin has been trading in a tight range between $7500 and $8500. Analysts call this a consolidation phase before the next move, hopefully higher, although you can never be sure. Cryptocurrencies are notorious for their unpredictability. So is bitcoin, at least for now. The flagship cryptocurrency is in a development […]

Crypto Violations on the Decline-SEC Chairman

The Securities Exchange Commission chairman Jay Clayton doesn’t think cryptocurrencies are all bad after all. Clayton was speaking at the “blockchain infrastructure” conference at the Fintech week 2019 being held in Washington DC. He also claims that crypto violations are on a decrease. Clayton seems to give crypto the benefit of doubt, claiming that the […]

Binance Partners With Flutterwave

The largest crypto exchange in the world at the moment, Binance has launched its first fiat trading in Nigeria. The exchange began its trading with Nigeria’s Naira (NGN). The move was achieved after partnering with Flutterwave, a Nigerian Fintech startup. It’s not the first time Flutterwave has partnered with a crypto firm. The startup has […]

Zuckerberg Defends Libra

Finally, Facebook CEO Mark Zuckerberg appeared before the house financial service committee on Wednesday October 23rd in Capitol Hill. The committee wanted some clarifications regarding Facebook’s new project. Zuckerberg had to endure hours of grilling from members of the House Financial Committee on project Libra. He had to assure the lawmakers that the project wouldn’t […]

Libra Crypto Debacle; Zuckerberg To Testify In A Few Hours

Facebook CEO Mark Zuckerberg is set to face a tough test in a few hours as he is set to testify before a House panel on Libra publicly. He will be speaking on his company’s effort in launching the controversial global currency. His testimony will be his first since he appeared again before congress to […]

Wonders Of The Blockchain-Enabled Supply Chain

Stuart Haber and Scott Stronetta were the very first individuals with the idea of cryptographically securing a block. The objective of their concept was to securely timestamp the documents in a way that it could not be tampered with. But it wasn’t until 2008 when Satoshi Nakamoto conceptualized the idea. He improved the system using […]

Bitcoin’s Up Again: Indicators Of A Potential Reversal

Bitcoin continues to fend off support in the $7800 region in what is the fifth week. The currency recently regained back up over $8200. Perhaps an indicator of a potential reversal in the cards. But what other reasons could be attributed to bitcoin’s recent price behaviour? BTC Price Holds A new bottom for bitcoin? BTC/USD […]

Bitcoin As A Store Of Wealth Vs As Electronic Cash Payment Means?

We are crossing the threshold into the next decade, and it’s normal for investors to worry about the future of crypto onwards. Will the flagship currency be more valuable than it was in the last decade? Will it die? Will other advanced technologies replace bitcoin? What will happen to the stablecoins and other digital assets […]

Blockchain Will Improve Management Of Public Finances

In most jurisdictions, the management of public finances is a major issue and trillions of cash end up lost through misappropriation, theft, or poor record-keeping. The effect is that public projects stall and people are left with subpar public infrastructure which lowers the quality of living. One of the often sidestepped solutions to accountability at […]
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