Education & News
To the surprise of many, Goldman Sachs reported that bitcoin is not an asset class nor a suitable investment. This comes as a surprise after the organization organized a Bitcoin call for its clients. Bank Says Bitcoin is not an Asset Class The investment bank gave notice to clients, inviting
Bitcoin
Going against the grain, rating agency Weiss claims that more than 21 million Bitcoin exists in the world. It came to the conclusion after carrying out analysis on different cryptocurrency exchanges. Weiss Ratings suggests that Over 21 Million Bitcoin Exists The agency has made a name for itself with similarly
Education & News
A team of Hungary-based researchers reports that the Ethereum blockchain is less private than the Bitcoin blockchain. The team came to the conclusion after analyzing the Ethereum blockchain to determine how easy it is for the network to be de-anonymized. Research Suggests Ethereum is Less Private than Bitcoin The researchers
Bitcoin
Popular Bitcoin expert and author, Andreas Antonopoulos suggests that Bitcoin miners in the USA may become more competitive and profitable in the future. He bases his prediction on the slide in oil prices. Bitcoin Miners in the USA get a Big Break The surplus in oil supply has led to
Bitcoin
As with most financial markets, Bitcoin's price is determined basically by supply and demand factors. This is defined above where the equilibrium price of an asset is related to the asset's supply and its demand. According to Matt D'Souza - CEO of Blockware Mining,
Blockchain
Chinese tech giant Tencent Holdings - the parent company of WeChat, has announced a $70 billion (500B yuan) investment for fintech development; including blockchain technology, cloud computing, and artificial intelligence (AI). According to a report by Reuters, Tencent looks to allocate the funds to support China's development in
Education & News
The central bank of India, Reserve Bank of India(RBI) confirms the removal of the banking ban on cryptocurrency exchanges, businesses, and traders. The decision was influenced by a court decision in India. Supreme Court Removes Cryptocurrency Banking Ban The supreme court of India quashed an RBI circular which prohibited
Bitcoin
Financial giant, Goldman Sachs is hosting a call for its clients who are showing a growing interest in cryptocurrency. The bank plans to teach them about the effects of recent economic policies for bitcoin as well as other assets like gold. Investment Bank Hosts Bitcoin Call The investment bank gave
Bitcoin
Robert Kiyosaki, author of best selling book "Rich Dad, Poor Dad" has again advised people to buy Bitcoin (BTC) as he predicts a deeper economic recession in the near future. According to Kiyosaki, the first big signal of the impending recession was witnessed when the Mall of America
Blockchain
South Korea's Suseong University has agreed a deal with the Korea Artificial Intelligence Association (KORAIA) to create a special blockchain and AI campus in Daegu. According to an official announcement, the Daegu-based university will launch in 2021 with recruitment to begin in a few months; and will focus
Education & News
Cybersecurity entrepreneur and famed cryptocurrency advocate, John McAfee announces the release of a new privacy coin called GHOST. Unlike coins before it, the distribution will not be executed through an initial coin offering or initial exchange offering. McAfee's Privacy Coin Released McAfee is no stranger to the world
Education & News
Draft bills recently submitted in Russia threatens people with up to seven years in prison and hefty fines of up to $7,000 for using Bitcoin. If the anti-crypto laws are passed, companies could find themselves with fines of up to $28,000 for using virtual currencies without approval from