Zimbabwe’s Battle with Hyperinflation Highlights Desperate Need for Bitcoin
Zimbabwe rolls out new currency but limits weekly withdrawals.Hyperinflation makes it difficult for Zimbabweans to trust their government.Bitcoin appears to be the perfect solution as it eliminates the need to trust an authority like the government.In an effort to quell the effects of hyperinflation, Zimbabwe introduced the new generation Zimbabwe dollars. The Zimbabwean government, which…
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Apollo Currency Agrees on MoU with Lesotho for Blockchain Initiative
Cryptocurrency and blockchain platforms have always viewed mass adoption as the holy grail of achievement. While it is true that the new industry is constantly improving its image and increasing global presence, it is still a far cry from mainstream adoption. This is especially true when it comes to actual sovereign countries and their governments…
Insane Hong Kong Stock Bubble Make Bitcoin Look Boring
Hong Kong marble stock ArtGo plunged 98% in a day earlier this week, wiping out $5.7 billion.It’s the latest in a string of massive Asian stock bubbles including Kasen International and Tibet Water.Recent trading bubbles makes bitcoin’s ‘bubble’ look practically placid.One of the world’s best-performing stocks just took a 98% hammering when its over-inflated bubble…
Blockchain Platform Terra Credit Introduces Groundbreaking Solutions to Emerging Markets
When it comes to leveraging emerging technologies in the African continent, there are just a plethora of opportunities to bootstrap the blockchain to national economies; considering that many of the African nations reportedly have great numbers of unbanked and underbanked individuals. Terra Foundation’s decentralized payment platform Terra Credit (CREDIT), aiming to disrupt the global payment…
China Guarantees Citizens On-Demand Anonymity With State Digital Currency
The digital currency will allow anonymity to users… but only to an extent.Analysts are predicting the government-backed crypto will be out early next year.Blockchain efforts by the People’s Bank of China have ramped up in recent weeks.China has brushed aside concerns that its planned government-backed crypto will be used to keep tabs on the activities…
Chainlink (LINK) Surges 100% Since September as the Heavy Hitters Back Its Technology
Chainlink is up more than 100% since mid-September.The bullish sentiment behind it comes after a series of partnerships that show the true value of its technology.A renowned technical analyst says LINK could push for new all-time highs.Chainlink, a decentralized oracle system, is making significant strides to push the adoption of its technology. The firm recently…
Bitcoin Price Rebounds 11% From Low amid ‘Textbook’ Inverse Head & Shoulders Pattern
Bitcoin price touches intraday high of $7,668 Wednesday.Earlier in the day, BTC/USD bottomed at $6,847.72, a six-month low.Cryptocurrency markets recover north of $200 billion.Bitcoin’s price reclaimed the $7,500 handle on Wednesday after plunging to its lowest level in over six months.BTC/USD Stages Relief RallyWednesday’s roller coaster session saw bitcoin’s price breach $6,900 for the first…
French High School Students to Get Bitcoin Introductory Classes
The French Ministry of National Education amended its syllabus to incorporate cryptocurrencies and bitcoin.Students will learn about the functions of bitcoin.While this will be covered as a supplementary topic, it might help spark the interest of students.The European Union (EU) appears to have a neutral stance on bitcoin and cryptocurrencies. The region’s parliament has no…
Huobi Global’s Ban on U.S. Customers Could Rattle Huobi Token (HT)
Huobi Global will disable the accounts of U.S.-based customers. HBUS welcomes Huobi Global’s users. The move could impact the price of Huobi Token (HT). Huobi Global announced Monday it will freeze the accounts of its U.S. customers in order to comply with domestic regulations. The move could have severe implications for Huobi Token (HT), the company’s…
Come And Join BitMart’s Thanksgiving Whole Network Trading Competition!
It’s Thanksgiving time again! In order to give a special “thank you” note to all users, BitMart launched a Whole Network Trading Competition. This time, they are giving away over 400,000 USD worth of tokens! Campaign Period: 11/11/2019 10:00 AM to 9:00 AM 12/02/2019 10:00 AM (EST) Campaign Details: Part I – Whole Network Net…
3 Fundamental Reasons Bitcoin’s Price Is Crashing
Bitcoin’s outlook went from bullish to extremely bearish real quick. Institutions may be playing a huge role in the current selloff. Miners and retail traders add to the supply of bitcoin in the market. Bitcoin is down over 21% in eight days. It has taken out key support of $7,400. Even worse, it is dangerously…
Biggest Bull Is Preparing for Bitcoin to Skyrocket Despite Recent Crash
Bitcoin’s price action has been bearish as of late. Nevertheless, the biggest bull in Crypto Twitter sees a reversal in the horizon. Other traders do not share an optimistic outlook and bet on a bitcoin plummet to $6,000 levels. To say that crypto enthusiasts have turned bearish on bitcoin would be an understatement. The number…
The Sell-Off Annihilated the Narrative That QE Is Bitcoin Rocket Fuel
Social media influencers made people believe that quantitative easing is bullish for bitcoin. The recent selloff obliterated this narrative. HODLers now rely on the halving and the stock to flow ratio to ignite a bull market. Over the last few months, social media influencers on Twitter peddled that quantitative easing (QE) is bitcoin’s rocket fuel.…
In Nod to Crypto Community, Twitter Won’t Purge Hal Finney’s Account
Crypto Twitter members breathed a collective sigh of relief today after some reassurance from the man himself. Square Crypto, whose Twitter account is seemingly manned by bitcoin bull Jack Dorsey, revealed that the Twitter account of the late Hal Finney isn’t going anywhere. It started with a tweet by bitcoin rewards app Lolli, which asked…
Gods Unchained Transfers 6 Million Cards Over Ethereum in 3 Days
Blockchain card game Gods Unchained has registered a record number of transactions on the Ethereum ERC-721 standard.Despite eclipsing CryptoKitties transactions in a matter of days, Gods Unchained is not clogging up the blockchain.The Gods Unchained marketplace will soon go live and provide a useful test-case for the future of Ethereum gaming.Crypto asset market research firm…
