NewsRoom Articles - Page 120 of 185

WednesdayAug 21, 2019 11:23 am

Will Ethereum Replace Bitcoin Some Day?

On July 24, 2019, institutional cryptocurrency exchange SFOX suggested that Ethereum may not be an altcoin anymore. In its latest report, SFOX suggested that “ETH may not fit into the altcoin category because BTC’s current correlation with Ether is markedly higher than its correlations with other altcoins.” The report further stated that “This may support the idea that Ethereum is coming into its own as a blockchain that is publicly recognized as an asset on its own terms, much like Bitcoin. If this trend continues, it may become inappropriate to categorize Ethereum as an ‘altcoin’ at par with other crypto…

TuesdayAug 20, 2019 1:14 pm

Winnipeg Crypto Conference to Educate Businesses and Individuals on the Future of Money

The inaugural Winnipeg Crypto Conference will highlight numerous opportunities that blockchain and cryptocurrency innovations bring to the table Winnipeg Crypto Conference 2019 has a lineup of over 20 national and international speakers who will share their expertise and predictions for the future of cryptocurrencies Early bird tickets are still available for those who would like to ensure their attendance in October 2019 The 2019 Winnipeg Cryptocurrency, Blockchain and Alternative Money Conference will give both businesses and individuals insight into the future of money and the benefits of using cryptocurrency. Scheduled to take place October 11-13, 2019, the conference will focus…

TuesdayAug 20, 2019 1:07 pm

What You Need To Know About The Robinhood UK Broker License

Cryptocurrency-enthusiasts already use Robinhood in the states for their traditional equities and innovative cryptocurrency trading needs. This privately held finance startup company is in fact valued over a billion dollars and joins the ranks of the unicorn club. Robinhood rose to the ranks of the unicorn club by becoming one thing for a specific audience. It showed that by focusing on eliminating fees and appealing to a design friendly mobile oriented consumer base, they could raise the bar and build a rabid base. With incentives such as earning a stock for referring friends and zero-fee trading, Robinhood became an app…

MondayAug 19, 2019 1:32 pm

The Wild West Crypto Show Tracks the Alt Currency Roller Coaster

It’s been another wild week in crypto land as news came out about bitcoin’s rising dominance. During episode 72 of The Wild West Crypto Show, hosts Drew Taylor and Brent Bates seemed breathless from tracking bitcoin’s roller-coaster ride. Titled ‘Bitcoin Dominance Reaches 70 Percent’, the segment discussed how, once again, the cryptocurrency has fallen below the psychological $10,000 mark. Together with the decline in other major alts, including Ethereum, Ripple's XRP and Litecoin, this has erased some $20 billion in value from crypto investor portfolios. While the cryptocurrency market may be in the doldrums, bitcoin dominance – a measure of…

MondayAug 19, 2019 12:44 pm

HODLing Bitcoin: 2017 vs 2019

Think of cryptocurrency markets as a Formula One race, except for the fact that this race is on all year round. Cryptocurrencies are qualifying teams and the price action that you see for any cryptocurrency – like Bitcoin – is fuel for the car. This fuel is represented by cycles of fear and greed. Fuel is the most crucial element for racing cars. It keeps the cars going. F1 cars consume 140 liters or more in fuel, much more than ordinary cars. If the car runs out of fuel, it stops. Similarly, cryptocurrency markets and hype cycles run on fear…

FridayAug 16, 2019 11:17 am

Will Altcoins Continue To Bleed This Season?

Are altcoins bleeding out and falling to Bitcoin’s market dominance in the cryptosphere? Bitcoin’s dominance is at 68.3% of the entire crypto market capitalization and altcoins are getting crushed in trades against it. In this month alone, Bitcoin’s dominance rate hit 70% for the first time in 26 months and is currently the most prevalent, trading at $10,227. While Bitcoin has continued to gain market share in the past seven days, major altcoins like Ethereum, Ripple, Bitcoin Cash, Litecoin and even Binance coin have lost significant market share. In a nutshell, they’re bleeding out. As altcoins struggle against BTC market…

ThursdayAug 15, 2019 1:40 pm

Newswire Services that Accept Cryptocurrency

Blockchain and cryptocurrency adoption in the global media and advertising industry is expected to grow by 81 percent to over $1 billion by 2023 Adoption is still lagging in the newswire industry, although this market segment is anticipated to expand and generate over $900 million in revenue in the U.S. by the end of the year As an early adopter, CryptoCurrencyWire is leading the way for other newswire services to implement cryptocurrency payment solutions for added convenience and flexibility In today’s world, more and more services can be purchased with cryptocurrency. Decentralization and immediacy of payment are just two of…

ThursdayAug 15, 2019 12:58 pm

Save Hundreds on Invest: Asia 2019, the ‘Mother of All Networking Events’

Movers and shakers in the crypto space are getting ready for September in Singapore. Those in the know are planning to attend Invest: Asia 2019, one of the industry’s major events. Scheduled for September 11-12, 2019, at the Marina Bay Sands Convention Center in Singapore, Invest: Asia 2019 will bring together a slate of crypto experts ready to share their experiences with the technology and revealing why Asia is a key part of leading the world in crypto adoption. The gathering will be one of several events held at Singapore’s Marina Bay Sands Expo & Convention Center under the auspices…

ThursdayAug 15, 2019 10:54 am

Japanese E-Commerce Giant to Launch Virtual Banking Services in Japan

Japanese e-commerce giant Raktuen has acquired permission to launch virtual banking services in Taiwan. The virtual bank will be launched by the name of Rakuten International Commercial Bank. It would add to the roster of credit card and marketplace services already provided by Rakuten in Taiwan. Rakuten aims to start providing its virtual banking services to consumers by 2020. It will set aside a total capital of 100 billion TWD for the initiative. The initiative is launched in collaboration with a local financial firm. Rakuten Was Not the Only Company That a Virtual Banking License in Taiwan As reported by…

WednesdayAug 14, 2019 11:07 am

Is Ripple-Backed MoneyGram Set To Oust Western Union?

Western Union has been the undisputed leader of international remittances and this could make us think that the company will remain a successful monopoly in this space forever. But, with the arrival of disruptive innovation like P2P, Blockchain, and cryptocurrencies, it is in danger of losing its market capitalization. Western Union started its international money transfer business in the 80s and covered major destinations like China by mid-90s. In the first ten years of its operations, Western Union successfully disrupted the industry and faced no immediate threat from competitors. Most competitors filed for bankruptcy and closed shop. Western Union’s stock…