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The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders with more than $250 trillion in global … Read more
Tether, the world’s most popular stablecoin, will be using the Simple Ledger Protocol built upon the Bitcoin Cash network for issuing its tokens. Among other things, this means that millions of Bitcoin.com Wallet users will now be able to send and receive USDT via SLP tokens right within the app. Also Read: Paypal Pullout Prompts … Read more
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro has also shut down the national banking system and regional authorities banned gasoline … Read more
Bitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and EOS. This development comes just as competition in the crypto lending field is heating up. Also Read: Binance Users in Turkey Can Now Deposit and … Read more
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s) territory and the BCH hashrate fell … Read more
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published plans for the upcoming upgrade, Btc.top founder Jiang Zhuoer revealed his … Read more
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto proponents face uncertainty amidst the ongoing coronavirus scare and economic … Read more
Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged positions were liquidated in the last 24 hours. … Read more
A company running a small scooter rental service in Taipei, Taiwan’s capital city, has minted an SLP token on the Bitcoin Cash network to support its business and to attract investors and customers. The company issues its own cryptocurrency, a Simple Ledger Protocol (SLP) token. SLP is a token-based protocol built on top of the … Read more
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell for a 10-20% premium compared to coins sold on the open market. Even though the … Read more