After dropping to a low of 46 percent, Bitcoin dominance (Bitcoin’s market capitalization as a percentage of total cryptocurrency market capitalization) is back over 50 percent. In a bear market, Bitcoin is reasserting itself vis-a-vis altcoins. Altcoin frenzy The frenzied demand for altcoins over the past few months has resulted...
Encryption is not just a buzzword but a critical necessity in a time when eavesdropping by state and non-state actors is a critical concern. In this sort of a backdrop, there are developments which bring the usability of Blockchain to the forefront. Can Blockchain or digital currencies and their...
Kay Van-Petersen, an analyst at Saxo Bank, told CNBC that Bitcoin price could hit $100,000 in the next 10 years. Cointelegraph previously reported that the daily trading volume of the cryptocurrency market was nearing that of major stock markets. However, the cryptocurrency market’s trading volume is still only a...
Chinese exchange Okcoin has announced it will launch Ethereum (ETH) trading from Wednesday. In a post on its website this morning, the exchange said the decision was the result of “two years constantly reviewing the viability of listing ETH and ETC based on factors including technical maturity, innovation,...
Tax authorities across the globe have set their sights on Bitcoin traders. The latest to join the set is the FBR (Federal Board of Revenue) in Pakistan. Bitcoin in Pakistan While Asian countries like Japan, China and South Korea have been in the news for people taking a fancy to...
Bitcoin and major altcoins have recently experienced some significant volatility. While some players in the industry believe that the initial surge in price is as a result of value proposition and reasonable adoption of the entities, others have insisted that the surge is fueled by speculators who only...
Building a strong ecosystem for startup incubation starts with a foundation of integrity, diversity and collaboration. A philosophy of integrity satisfies the authorities while attracting mainstream players with the capital to bootstrap project development. A collaborative environment is formed to attract talented individuals who are motivated to work together...
Ripple experienced a sharp decline over the past week, decreasing from around $17 bln to $8 bln. At one point, Ripple’s market cap accounted for nearly 30 percent of Alipay’s market cap. Alipay is one of the most widely utilized financial networks in the world operated by Alibaba’s Ant...
South Korea is becoming a Bitcoin and Ethereum powerhouse in terms of trading volumes, liquidity and activity. Over the past few months, South Korea’s three largest digital currency exchanges Bithumb, Korbit and Coinone have added support for Ethereum traders by integrating Ether. In a relatively short period of time,...
On May 25, the cryptocurrency trading volume hit $4.3 bln. Bitcoin, Ethereum, Ripple, Ethereum Classic, Litecoin and NEM drove the cryptocurrency trading volume to new all-time highs. Bitcoin developer and entrepreneur Jimmy Song compared the cryptocurrency trading volume to the exchange volume of major stock exchanges such as NASDAQ....