Federal Reserve Chairman Jerome Powell took the stand to discuss bitcoin and other cryptocurrencies with the U.S. Financial Services Committee. He stated to the panel that if the United States had its own digital currency in play, bitcoin would serve no purpose and would ultimately disappear. Jerome Powell Doesn’t Appear […]

It does not always look like football and bitcoin would go together, but today, we are being given another example of how they do in the form of New York Giants running back Saquon Barkley, who has agreed to a deal that will give him all his marketing money in […]

China has reduced their US debt holdings by another $18 billion to 1078.4 billion from 1096.1 billion and down $22 billion overall since March when they held $1.1 trillion in government bonds. The move comes amid a strengthening CNY, down to 6.47 to the dollar from 7.2 in June 2020, […]

The global market cap of cryptocurrencies is $1.27T, down 14% in 7 days. This was one of the worst trading periods in the cryptoasset market since May 23. Top losers of the week  This week we have seen cryptocurrencies like Bondly (BONDLY, $0.002795) fall over 96%, TriumphX (TRIX, $0.002512) fall […]

Analysts remain bullish about Bitcoin (BTC) for the rest of this year. CryptoKaleo, for example, explained that a year ago people were also bearish about the largest cryptocurrency and BTC massively surged after that. At the same time, a panel of crypto experts has also predicted that Bitcoin could eventually […]

The controversial cryptocurrency HEX, designed and launched by Richard Heart in December 2019, was the first Certificate of Deposit token to ever exist on a blockchain. The token was designed to store value and replace traditional Certificates of Deposit. HEX essentially allows users to stake their tokens for a share […]

The network rivalry between Ethereum and Tron may have been the most pronounced in the past, and most recently, that onlookers may have forgotten that the former is also a Binance competitor, thanks to the arrival of the Binance smart chain. An Ether and BNB rivalry is brewing  With the […]

Let’s explore the reasons why bitcoin will succeed as a real currency. The first reason is that it doesn’t rely on any central entity to maintain its value, be regulated or accepted by anyone else. Bitcoin relies only on mathematics and cryptography for security which means people have complete control […]

Adding to the exchange platform’s existing cryptocurrency derivatives products, Bybit will now offer spot cryptocurrency trading in four pairs, with additional pairs set to be rolled out in the near future. Bybit Adds Spot Trading The recent weakness in crypto prices and transaction volumes hasn’t stopped the industry’s exchanges from […]