Investment management Fortress has come up with a new offer for Mt. Gox creditors. Due to Bitcoin’s rapid appreciation, $1,300 per one Bitcoin (BTC) is now on the table, which represents 88 percent of their account value. Related A higher buyout proposal In order to calculate the price of its offer, Fortress multiples the creditor’s stake […]
Category Archives: Coins
Bitcoin’s seven percent drop made even the most ardent bulls revise their price predictions. However, it seems like Alessio Rastani is not one of them. In his new video, the prominent trader explains why the top cryptocurrency by market cap is still in a very bullish trend despite its recent pullback. card The bull trend […]
IOHK CEO Charles Hoskinson has just made an announcement about the successful launch of the Ouroboros BFT hard fork, which bridges Byron with the forthcoming Shelley era. Hardfork successful. The OBFT era has begun — Charles Hoskinson (@IOHK_Charles) February 20, 2020 Related A stepping stone The upgrade of Cardano’s proof-of-stake (PoS) protocol took place on Feb. […]
A couple of days earlier, on February 20, Cardano succeeded in implementing a hard fork called Ouroboros BFT. The network now runs on a better consensus mechanism. What is more, this is a big step towards implementing Shelley on the network. A recent blog post published on Medium explains why. When Cardano spread the word […]
If you think that this exodus of CEOs is reminiscent of the financial crisis that plagued the world in 2008, you are not alone. Analyst CryptoBird has taken to Twitter to state Bitcoin is too cheap on the cusp of what appears to be another global recession. 2008: CEOs stepping down rapidly & btc emerges 2019-2020: […]
RippleNet-powered money transfer service SBI Remit has made an announcement about its cooperation with the Fukushima Bank. From now on, this regional Japanese bank will be responsible for handling all of the company’s international remittance services. Related Technological innovations SBI Remit states that is it keen on adopting new technologies, including Ripple’s distributed ledger technology. […]
While Bitcoin hodlers are no strangers to volatile price moves, it clearly doesn’t apply to U.S. stock market investors who are currently caught in the worst sell-off since 2008. Now, all assets are tanking across the board, and analyst Brian Patrick Eha noticed that the S&P 500, the index that is used to track large-cap equities, […]
Weiss Crypto Ratings is an analyst think-tank that addresses cryptocurrency investment and technology rankings. Though, they sometimes publish their opinions on blockchain projects and events as well. Today, IOTA (MIOTA) and Cardano (ADA) have been put under a microscope. A hen today According to Weiss Crypto Ratings, the two projects have very little in common. Cardano’s (ADA) […]
Vocal Bitcoin proponent Jack Dorsey to remain at the helm of social media giant Twitter, CNBC reports. Related #StandingWithJack Last week, Elliott Management founder Paul Singer attempted to oust the eccentric billionaire by buying a four percent stake in his company. The ‘vulture capitalist’ was displeased with the CEO’s pro-crypto stance. Instead of focusing on running Twitter he […]
Since the genesis block of Bitcoin, developers have been trying to improve on blockchain technology. Ethereum’s smart contract functionality was the first biggest leap forward. However, fast-forward six years to now, and Ethereum isn’t necessarily aging well. Although it still hosts a large number of decentralized applications, it continues to struggle with scalability. Furthermore, the […]