Bitcoin, crypto firms move to El Salvador, but success rides on banking access
El Salvador aims to become LATAM’s crypto Silicon Valley, but these aspirations hinge on better relations with US banks.
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Video Demonstrates Double Spending Possibility in Bitcoin Cash SV ‘0-Conf’ Transactions
Bitcoin Cash SV (BSV), a new fork of Bitcoin Cash (BTC), faced new controversy on Dec. 8 after a researcher reportedly showed how any user could spend the same coins twice on its network in a “0-conf transaction.”Bitcoin Cash, which was created in a hard fork from Bitcoin (BTC) in August 2017, uses 0-conf (or…
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Daily Users of Brave’s Blockchain Web Browser Pass Four Million
The cryptocurrency-powered internet browser Brave seems to be gaining in popularity, surpassing four million daily users.Brendan Eich, the co-founder and chief executive of Brave and former CEO of Mozilla, recently tweeted that Brave also has 12.2 million monthly users. As such, roughly 30% of Brave’s monthly users utilize the browser daily.Brave has also seen a…
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Bitcoin Price Straddles $10K as Consensus for New 2019 High Remains
Bitcoin (BTC) price fell below $10,000 once more on Aug. 16 after climbing as high as $10,440 in early trading. Market visualization. Source: Coin360Mixed signals for Bitcoin priceData from Coin360 spelled out another day of uninspiring performance for Bitcoin traders Friday, with BTC/USD failing to find support at five figures.This week produced multiple $10,000 crossings for…
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Those who come bearing warnings are rarely popular. Cassandra didn’t do herself any favors when she told her fellow Trojans to beware of the Greeks and their wooden horse. But, with financial markets facing unprecedented turbulence, it’s important to take a hard look at economic realities.Analysts agree markets face serious headwinds. The International Monetary Fund…
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Crypto Biz: Another billionaire admits he was wrong about Bitcoin, Feb. 25–Mar. 3
After spending years ridiculing Bitcoin and cryptocurrency, Wall Street’s billionaire class is finally warming up to the idea of virtual assets powering the digital economy. This week, Citadel founder and billionaire Ken Griffin formally backtracked on his anti-crypto stance as he announced that his firm would begin offering digital assets to its clients. Of course,…
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Cargill and Rabobank Use Blockchain for a $12 Million Intercontinental Wheat Trade
Dutch multinational banking and financial services company Rabobank recently announced the settlement of a $12 million intercontinental commodity trade using blockchain technology.Rabobank and other logistics companies collaborated with the United States-based agricultural behemoth Cargill and agri-commodity trader Argocrop International to manage the trade transaction of wheat from North America to Southeast Asia. They used the…
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Bitcoin to the moon! Top 5 BTC price predictions for 2024 and beyond
Bitcoin (BTC) continues to circle its highest levels in 18 months and bullish BTC price predictions are flowing in — how high can the bull market go and how fast?From a crash to $20,000 to six figures within months, there is plenty of variety when it comes to what Bitcoin might do next, with November
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On Feb. 12, the crypto market achieved a new milestone by climbing above the $300 billion market capitalization mark for the first time in 6-months. This shows interest in the sector continues to grow as a steady flow of funds enter the space. Since the start of 2020, the crypto market cap has increased from…