This week we cover: BITCOIN, MILLENNIALS & BANK DISTRUST PAYPAL CEO OWNS BITCOIN CHINA ENFORCES CRYPTO CONTROLS BAKKT PHYSICAL BTC CONTRACTS CONTINUE TO SURGE BINANCE SUING THE BLOCK OVER FUD YAHOO ADDS CRYPTO TO ITS WEBSITE MINER CAPITULATION? BTC TECHNICAL ANALYSIS FEAR, GREED AND MENTALITY BITCOIN, MILLENNIAL’S & BANK DISTRUST “Millennials will become the wealthiest...Continue Reading
CANADIAN STABLECOIN Blockchain Venture Capital Inc (BVC Chain) has officially launched its Canadian Stablecoin CUSD coin, which is a US dollar-backed stablecoin aimed at the Canadian market and Canadian demand. It will be a fiat-based stablecoin that is backed by the USD and securely held with a US-based banking institution. As is the same with...Continue Reading
ETH 2.0 STAKING STRUCTURE ROI ETH 2.0, due out in 2020, brings with it the proof-of-stake switch for the second largest blockchain – Ethereum (ETH). Preliminary numbers show that: 32 ETH will be required to be staked (approximately $5,800 USD) ETH 2.0 will maintain inflation rates below 1 percent and dynamically adjust rewards scale for...Continue Reading
BINANCE LAUNCHES RUBLE TRADING Just over a week ago, massive crypto exchange, Binance announced via Twitter that they would be offering trading of the Russian Ruble and cryptocurrency pairings on its platforms whilst attending a Government led event “Open Innovations Forum” in Moscow. Honestly, I find this pretty surprising news given the cryptocurrency industry in...Continue Reading
HASHING IT OUT On 18th September, Blockchain.com reported Bitcoin’s network hashrate hit a record-breaking high of 102 quintillion hashes for the first time ever. Canadian crypto researcher and well-known analyst Kevin Rooke commented that, “Difficulty is projected to grow 60% this quarter, and it was already at an all-time high when Q2 ended”. This increase...Continue Reading
GUESS WHOS BAKKT, BAKKT AGAIN Partnering with ICE Futures US and ICE Clear US, Bakkt have finally been cleared for launch by the CFTC. On September 23rd this year, Bakkt will bring the investment community a custodially held and physically settled platform which could in turn act as a significant catalyst for Bitcoin price appreciation....Continue Reading
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