Most cryptocurrencies and crypto platforms have in recent times come under supervision and regulation of certain regulatory bodies, most of which are governmental financial institutions. This is necessary as cryptocurrency is speedily expanding and is being accepted in different countries of the world. The regulation serves as a guideline that ensures that cryptocurrency is safe…
BitOpps Review With the passage of time, online trading platforms are becoming more and more sophisticated. There was a time when it was enough for a trader that he/she was able to trade from home. However, as things progressed, traders saw some great revolutionary changes in the online trading market. And then, we saw the…
Top FinTech company, Fidelity asset management firm, has called out the US top financial regulator over its non-approval of a crypto ETP. The disclosure was made following a meeting between its executives and top SEC officials recently. The Benefits For Everyone The Fidelity Excos gave several proofs why SEC’s approval of a crypto ETF is…
Brevan Howard, a top UK hedge fund firm, has appointed Colleen Sullivan to head its newly created cryptocurrency division termed by digital. Aron Landy, Brevan Howard CEO, commended Sullivan’s choice as the best candidate to move the company’s digital asset division in the right direction. The CEO said that “Sullivan’s experience will be highly beneficial…
Findings from analytics firm, Bitnodes, show that Germany is operating more nodes for flagship cryptocurrency, Bitcoin than the US in a surprising outcome. According to Bitnodes, there are exactly 10,780 listening or fully validating nodes. Listening nodes differ from other nodes on the network because they fully participate in distributing transactions across the network for…
YouGov poll has revealed that 27% of Americans support the idea of adopting Bitcoin as a legal tender. The new poll further revealed that 11% of the Americans voiced more solid support for Bitcoin’s use as a legal tender in the country, while the remaining 16% were indifferent. If adopted, it would mean that businesses…
Bitcoin, in recent times, has been experiencing several developments most of which are often contributions to its growth. However, the recent adoption of the token as a legal tender in El Salvador has generated a level of mixed feelings which has also been reflected in its price. Amidst these uncertainties, however, the popular whistle-blower, Edward…
Various data indicate that crypto mining firms are settling at their new locations following aggressive action on them by the Chinese authorities in May. Institutions Remain Bullish Glassnode analytics suggest that institutions might be responsible for bitcoin’s current bullish run. “Institutional investors continue to dominate transaction volumes which are impacting BTC’s price action positively,” Glassnode…
China will try a renewable electricity transaction system based on blockchain. The world’s greatest carbon dioxide producer is decarbonizing with the help of blockchain. Officials with Beijing’s highest market competent authorities have granted the go-ahead for blockchain-based renewable electricity transaction trials across China, according to the National Development and Reform Committee’s official site, which made…
Shortly after the test net and smart protocol launch on Wednesday last week, Cardano launched its first Dapp on Alonzo. This move means that the popular blockchain will integrate into its mainnet on September 12. The hype surrounding the Alonzo launch is one thing that has positively impacted prices of ADA recently. Despite the Dapp…
IOTA stays ahead with its latest DLT network, Tangle. Secure Sensor platform SUSEE decided to utilize Tangle as its technology to upgrade its network. IOTA awaits its programmable smart contracts, developing currently. MIOTA rose by 3.3% to trade at $0.998 as its market cap hovers at $2.8 billion. Tangle has gained attention since its inception…
Bitcoin saw its price retesting the support area at $46,000 before gradual rises. For now, the token has to maintain its actions beyond the $47,500 mark to support stable upsurges. Critical resistance levels – $52K, $54K, and $56K Critical support levels – $44K, $42K, and $40K BTC-USD Daily Chart Currently, BTC/USD appears to recover from…