After Bitcoin’s success, blockchain technology was growing enormously. Developers found that Bitcoin‘s benefit was very narrow and limited to only one purpose(money). Bitcoin has failed to impact the tech and financial services, because of the limited functionalities. In order to overcome these limitations, developers thought of creating a blockchain-based platform
HDR Global Trading Limited, the parent firm of the cryptocurrency exchange Bitmex is facing a civil lawsuit claiming the exchanges three co-founders looted $440 million from the platform. HDR Co-founders faced criminal charges Moreover, the co-founders of the exchange are Arthur Hayes, Ben Delo, and Samuel Reed. However, they have
Bitcoin (BTC) price soars high, reaching a bullish price of over $14,000 for the first time in over twelve years. Bitcoin (BTC) is one of the most famous cryptocurrencies in the digital space. It is one of the favorite cryptocurrencies by many. This is also due to its bullish uptrend
Marathon Patent Group made an announcement that it has stepped into a contract with Bitmain to buy an additional 10,000 next-generation Antminer S-19 Pro ASIC Miners. 2021 Will Be a Year For Bitcoin Mining Marathon, a Nasdaq-listed digital asset technology and biggest publicly traded self-mining firm. On the other hand,
OKEx, a leading Asian cryptocurrency exchange has caused selling panic in the crypto market. However, suddenly after suspending its service to cooperate with an investigation. Chinese news agency Caixin reported that one of the founders of OKEx, Mingxing Xu (also called Star Xu), has been questioned by the police. Moreover,
Key Takeaways: Ethereum (ETH) reached near the $370 resistance and dropped sharply. ETH technical indicators and high trend-line. Ethereum price prediction in 2021. Ethereum (ETH) reached near the $370 resistance and dropped sharply towards $350 showing bearish signs and it might continue to drop down. ETH might be somewhat less
Crypto Bitlord identifies macro trends as part of his strategy to identify highly profitable cryptocurrencies. According to the analyst, Polkadot and Kusama could be projects with great potential. The early XRP investor, Crypto Bitlord, remembered in the 70th edition of Going Parabolic the days before the all-time high of the Bitcoin price and
Bitcoins inflows are high on exchanges, with the motive of selling it but the users are not booking orders despite the BTC price drop. According to Chainalysis data, there was a 26.36 BTC change in Bitcoin held on exchanges which is positive and above the 180-day average. This indicates that
September 11, 2020 – Today, Huobi Global made a strategic move into the crypto mining business, securing a lucrative hardware deal with the MXC Foundation #MXC to sell the highly sought after M2 Pro Miner. Prior to launch, the MXC Foundation was flooded with orders for their M2 Pro. The miner boasts high-returns, low-power energy consumption,
A sneak peek of Ideaology’s new product Active Idea platform is available now. A Swiss-based startup Ideaology has recently provided the public with a development update. They have announced that their platform’s prototype, named Active Idea, is in the last stages of development and is scheduled to launch on October 1st, the
