Harris win unlikely to rock Bitcoin price, but crypto fears persist, say observers
With the US presidential elections nearing and no clear frontrunner, uncertainty looms over what effect the victor will have on the crypto sector.
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Former BOJ official warns against use of digital yen in the financial sector
Hiromi Yamaoka is currently heading a private forum of 74 companies that is planning to launch a private digital currency. 133 Total views 2 Total shares A former Bank of Japan (BOJ) official who reportedly headed the digital currency research is now advising against its use.According to a report published in the Japan Times, Hiromi…

Propy partners with Abra to provide crypto-backed real estate loans
Cryptocurrency investors now have more options for purchasing property without having to sell their digital assets outright. 107 Total views 11 Total shares Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially widening the financial use cases of digital assets. Propy customers can now…

Ridesharing App Lyft Partners With Blockchain Startup to Tokenize Healthcare Transport
Ridesharing app Lyft has partnered with blockchain startup Solve.Care to tokenize healthcare-related transport arrangements. The development was announced in a press release from Solve.Care on March 4.Estonia-based Solve.Care is a decentralized, blockchain-powered platform that focuses on enhancing healthcare administration and access to healthcare services for users and insurers.The partnership with Lyft will allow Solve.Care users…

The rise of major Bitcoin mining institutions is inevitable
There are very few investments that can deliver an infrastructure-style downside case with a venture-capital-style upside. The combination of energy arbitrage with accumulating a balance sheet of Bitcoin (BTC) can deliver this. That is why we are seeing a rush of institutions pouring into the Bitcoin mining space and starting to build out megafacilities.Securing new-generation…

3 reasons Bitcoin price hit $17K, marking a new parabolic uptrend
The price of Bitcoin (BTC) surpassed $17,000 for the first time since December 2017, continuing its current uptrend. The rally comes after BTC broke out of the previous parabola, which initially caused concerns.Three factors likely contributed to the ongoing rally: a new parabolic trend, resilience above $16,000, and Bitcoin absorbing whales’ selling pressure.New parabolic trendOn…

Fight between crypto and governments “just getting started”, says ShapeShift CEO
The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees. 104 Total views 4 Total shares Own this piece of history Collect this article as an NFTDespite the unprecedented regulatory pressure that crypto has been facing recently in…

Could Bitcoin Trading Volume Really 100X in Four Years?
In its latest report cryptocurrency data provider Coin Metrics predicted that Bitcoin’s daily volume could eclipse that of the U.S equity market, if growth rates are maintained. But how likely is it really?The report cites Bitcoin as an asset class with incredible growth potential due its low trading volume compared with more traditional markets: “The interpretation…

It’s Never Been Harder to Mine Bitcoin as Hash Rate Hits New Highs
The mean hash rate of the Bitcoin (BTC) network has hit new all-time highs to mark the cryptocurrency’s latest technical achievement, fresh data suggests.Compiled by monitoring resource Glassnode, a new analysis of Bitcoin’s historical hash rate shows that on Jan. 7, the mean value reached 119 quintillion hashes per second — its best ever at…