Reportedly, MicroBT, which produces the WhatsMiner line of cryptocurrency mining equipment, sold about 600,000 units of its flagship WhatsMiner M20 series last year. It is expected that the newly delivered 600,000 units may have contributed over 30 exahashes (EH/s) of hashing power to the bitcoin network in 2019. The computing power got doubled at the …
Security token offerings (STO) had the possibility to become the next big blockchain-based investment vehicle but because of some barriers the desire didn’t come true. The barriers include high cost required to offer an STO (Security token offering), regulatory uncertainty and deficit of interest is existing in Thailand and Taiwan. In the process of STO, …
Security Token Offering could be the investment vehicle Read More »
Crypto exchanges are gradually adopting financial services like what banks do and their services will include offering interest accounts, cost-effective ways to perform transactions and tax services that will change the look of crypto exchanges. Very soon to adopt completely A number of companies are taking up the features what traditional financial institutions offer and …
Features of crypto companies and banks to drive adoption Read More »
A vertical downtrend of Bitcoin last year to drop from $14,000 to $6,400 in a few months’ time gave birth to fear among investors. Investors assumed that cryptocurrency was supposed to fall further and further. But at the end of the year, the price of BTC went up higher from $185 billion to $250 billion …
Is coronavirus a reason behind Bitcoin’s price gain? Read More »
There is a possibility that institutional participation can be increased because of CME’s and Bakkt’s entry but how it will be is unknown. Major exchanges were much hopeful about the future of Bitcoin options at its launch. Afterwards, miners and other corporates involved in the space as a powerful tool for managing risk and volatility. …
Option Growth to inflame innovation in the Bitcoin Market Read More »
Mining pool Bitcoin.com, expected to no longer back the existing plan for a dev fund, is not going to support the argumentative bitcoin cash development fund proposal except any pact. Bitcoin.com will not risk a chain split or a change to the underlying economics. A proposal must have economic weight people on board. The proposal …
Bitcoin.com Pulls Support for Bitcoin Cash Dev Fund Read More »
Middle Eastern nations are exploring the possibility of settling oil contracts in Bitcoin even though they are skeptical of the currency. They view bitcoin’s post-sovereign nature as anathema. They are also considering the potentials of bitcoin for cross-border settlements in the energy sector. But reportedly, some are confused about it thinking bitcoin doesn’t have the …
Will Bitcoin be an alternative to dollar in Oil markets? Read More »
Reportedly, an initiative has been taken by six central banks to form a working group with the bank of International Settlements (BIS). The central banks are of Sweden, Canada, Switzerland, the U.K. and Japan and the European Central Bank (ECB) and the BIS. They have already formed the group to share findings and will continue …
Working Group of Digital Currency Use Case by 6 Central Banks Read More »
Lightning network is an amazing technology that is working to solve the limitations of blockchain for example, blockchains don’t support many users but lightning could multiply the transactions possible. Lightning network makes transaction faster and cheaper. The technology is on test and lightning sort of works, there is a lot of work to be done. …
Will ‘lightning network’ be a solution to the limitations of blockchain? Read More »
