Bitcoin Smart Banknotes Launched in Singapore

Bitcoin Smart Banknotes Launched in SingaporeA digital asset smart banknote manufacturer has launched bitcoin banknotes at a store in Singapore. Designed to make owning and circulating cryptocurrencies as easy as using paper money, they are currently available in denominations of 0.01 and 0.05 BTC. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitcoin Banknotes Debut in Singapore Digital asset […]

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EOS Price Hangs on to $17 but Might Drop Lower Soon

eos logoIt will be rather interesting to see what the future brings for all cryptocurrencies as of right now. While most of the top currencies are still in the green, there is some concern over the momentum running out sooner rather than later. So far, it seems the EOS price will continue to struggle a bit, despite solid gains over the past week. Can the EOS Price Recover Soon? As is always the case when any cryptocurrency gains a lot of value in quick succession, there’s a very good chance the momentum will reverse course. In the case of the EOS

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Ethereum price analysis – Heading towards $850

  Ethereum price continued rising along the uptrend line that has been evident since the second week of April, to score a day high of $770 during Thursday’s trading sessions so far. The market’s bulls managed to break through the resistance around $713.24 on Wednesday, as we expected during our previous Ethereum price analysis. Chances are high that we can see the price of ether continue rising, especially that the next significant resistance lies around $849.08, as we will see later during our analysis. However, can we expect a downwards price correction attempt to occur, before the market’s bulls can

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Bacoin Ridicules the Cryptocurrency Industry for Marketing Purposes

TheMerkle BacoinThere aren’t that many things which could make Bitcoin or other cryptocurrencies better. To some people, bacon is the answer to everything. With Bacoin now being an actual thing, it is evident the cryptocurrency industry has taken at least twelve steps backward. It is expected that Bacoin will become the go-to cryptocurrency for purchasing bacon. Who Will Pay Attention to Bacoin? Although it is safe to say the concept of Bacoin has a lot of merit, the real-world implications will be far less spectacular than some people might want them to be. Originally concocted by Kraft Heinz, Bacoin is a new

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Coinbase Announces Support for Block Trades and Expansion to Chicago

TheMerkle_CoinbaseCoinbase is ready to enter the next phase of being a global cryptocurrency exchange. While they will not drop support for consumer-based trading, they are trying to make inroads among institutional investors. Offering block trades is one way of achieving this goal. Providing users with access to large-scale trading without disrupting the general order book is also a viable approach. Coinbase Takes an Important Step Institutional investors and major traders continue to show increasing interest in cryptocurrency. As such, trading platforms and exchanges will need to make adjustments to accommodate that type of trading. Coinbase is doing exactly that by

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Ethereum’s Sharding Proof of Concept Paves the Way for Improved Scalability

TheMerkle Ethereum wallets ERC20Popular cryptocurrencies such as Ethereum will need to keep evolving in the future. One of the upcoming developments to look forward to is sharding. This technological upgrade has been hinted at for quite some time now, yet it seems there is a proof of concept in place for users to play around with. This is a pretty big development for the Ethereum ecosystem as a whole, although there’s still a lot of work to be done. Sharding Comes Closer to Release Users of Ethereum have been looking forward to seeing this ecosystem scale for quite some time now. It is evident that transitioning Ethereum

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Japan’s FSA Wants to Get Monero, Dash, and Zcash Removed from All Domestic Exchanges

Cryptocurrency is legal tender in Japan. There is active regulation in the country which makes Bitcoin and altcoins perfectly legal. That situation has been rather interesting to keep an eye on, as the law is still subject to interpretation. As of right now, the Japanese FSA aims to have cryptocurrency exchanges drop all cryptos which can be considered facilitators of criminal activity. What is Happening in Japan? There has been growing scrutiny of cryptocurrencies which focus on privacy and anonymity, as well as those which could enable criminal activity. Although it is a bit unclear which currencies should be looked into in this regard, it seems

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Abra Increases Number of Supported Cryptocurrencies to 25

A common maxim in the cryptocurrency industry is that there is a lot more to this form of money than just Bitcoin. Although Bitcoin is, and will continue to be, the world’s leading cryptocurrency, companies such as Abra are taking a closer look at alternative currencies. After enabling support for a fair few altcoins, the company has now added Verge, Monero, NEO, NEM, and Lisk support. Abra Continues to Expand Positioning oneself as a global digital wallet is not an easy feat by any means. There are a lot of factors to take into account, especially when dealing with cryptocurrencies. For companies such

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Plus500 Enables EOS Trading Support Despite Diminished Interest in Crypto

The past six to seven months have been extremely interesting for most cryptocurrencies. With massive gains in late 2017 and steep losses throughout early 2018, making sense of these markets has not always been easy. Plus500, a well-respected online trading platform, is confident the cryptocurrency boom is “over”. It’s an interesting statement, considering that they added support for EOS trading just a few hours later. The Conflicting Opinions of Plus500 A lot of cryptocurrency users were surprised when Plus500 enabled support for Bitcoin price speculation a while ago. That move made a lot of sense, as the growing interest in cryptocurrency was beginning to

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Ethereum Price Surpasses $710 Thanks to Solid Overnight Gains

TheMerkle Ethereum White SupremacistsToday is proving to be a rather interesting day for most cryptocurrencies Although there seems to be a tug-of-war between bears and bulls right now, the Ethereum price is trending up ever so slightly. Thanks to some solid overnight gains, the value per ETH is trying to reach $720 once again. Holding on to that price point will be quite challenging, for obvious reasons. Ethereum Price Climbs Above $700 It has not been the best start of the year for the Ethereum price. In fact, one could argue the first few months of this year have been pretty bearish for

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