Tag: News

Major Singapore Bank Says Adoption of Digital Currency Inevitable, But Demise of Cash Unlikely

Major Singapore Bank Says Adoption of Digital Currency Inevitable, But Demise of Cash Unlikely

Singapore’s DBS Bank recently released a quarterly report on the state of cryptocurrency and central bank digital currency (CBDC) with a focus on how this nascent industry will possibly impact the global economy. The COVID-19 pandemic, in particular, has catapulted CBDCs into the spotlight, where the use of digital payments is no longer just simply […]

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Privacy-Focused Blockchain Firm HOPR, Backed by Binance Labs, Releases Decentralized Ethereum Hardware Node

Privacy-Focused Blockchain Firm HOPR, Backed by Binance Labs, Releases Decentralized Ethereum Hardware Node

According to a report by Coindesk, privacy-focused blockchain firm HOPR has released an Ethereum hardware node that will eliminate the need for individuals to rely on centralized cloud servers such as Alibaba and Amazon. The firm is known for its mixnet solution that safeguards the privacy and security of users via a multistage system created […]

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Ethereum 2.0’s Medalla Testnet Crashed Last Week; Prysmatic Labs Releases Fix

Ethereum 2.0’s Medalla Testnet Crashed Last Week; Prysmatic Labs Releases Fix

Ethereum 2.0’s final Medalla testnet, which was launched on August 4, experienced a crash last week where validators found themselves losing up to 25% of their holdings and validator participation on the network dropped straight from close to 80% to 0% in a matter of minutes, according to a diagram shared by u/vinL0r on Reddit. […]

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Ethereum Price Forecast: ETH/USD Double-Top Pattern Rejection Retests $430, What Next?

Ethereum price spikes to a new yearly high at $447 following Bitcoin (BTC) surge to $12,492. Ether bulls are trying to build on the support established at $430 following the impact of a double-top pattern. Ethereum price action in the last two days has been building on the support established above $410. Although there was […]

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Bitcoin Price Analysis: BTC/USD Majestically Propelled Above $12k, Is $13,000 Within Reach?

Bitcoin bulls take down the resistance at $12,084 and $12,145 to trade a new yearly high at $12,492. BTC/USD slowed down price action suggests that consolidation will follow ahead of a breakout to $13,000. Bitcoin finally made the last stroke above $12,000 on Monday ascending to a new yearly high at $12,492 (on Coinbase). The […]

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Ripple Price Forecast: XRP/USD Must Reclaim $0.30 To Get The Bullish Mojo Going – Analyst

Ripple price consolidates around $0.30 in anticipation of a rally above $0.3250 hurdle. XRP/USD must continue to hold above $0.30 to avert losses while keeping the focus on $0.3250 and $0.35 respectively. Ripple has in the past few days remained lethargic in its price action. These mundane trading activities around $0.30 come after Ripple ascended […]

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Bitcoin Technical Analysis: BTC/USD Unable To Break $12k Resistance But PlanB Believes $20,000 Is Nigh

Bitcoin bulls rush to secure the tentative support at $11,800 following another rejection from $12,000. Plan B believes Bitcoin’s next bullish target is 2017’s all-time high. Bitcoin price action has been mundane mainly because it was not been able to overcome the seller congestions at $12,000. There was a brief recovery over the weekend supported […]

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