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Category Archives: Bitcoin

Patent Filing Shows Visa May Use Ethereum for Digital Dollar

May 17, 2020

Olusegun Ogundeji

Visa has filed a patent to digitize dollars and there is an indication that the global payment service provider may be using the Ethereum platform to launch its project. A copy from the patent documents gave the hint though no official position has been made in this regard apart from that Vis...

DAI’s Market Cap Could Be Used to Predict ETH Price

May 16, 2020

Price predictions are the crypto industry’s favorite game—everyone from stock market veterans to small day traders constantly racing to give their take on why a price of a digital asset is set to rise or fall. While Bitcoin’s price has often been tied with the performance of the stock and c...

How Wrapped Bitcoin trading is evolving on Kyber

May 15, 2020

DappRadar

Wrapped BTC (WBTC) surges as it becomes an accepted collateral asset Wrapped Bitcoin (WBTC) went live on Ethereum at the beginning of 2019. It is an ERC-20 token backed 1:1 with real Bitcoin and is intended to capture the benefits that can result from the tokenization of the B...

Amount of BTC Held By BitMEX and Bitfinex Reaches New Low

May 15, 2020

As the Bitcoin block reward halving has come and gone, the crypto industry has braced for the sharp market turnover many have expected to follow such a monumental event. Experts and analysts have been racing to give their predictions on how the market would react to the halving of block mining re...

Bitcoin Hashrate Goes Up Despite Halving, Miners are Resilient

May 13, 2020

priyankasaxena

Bitcoin has finally gone through its much-hyped adjustment that reduced the rewards for mining blocks. With miners now receiving only 6.25 BTC per each block found, many anticipated that the event will have a detrimental effect on the network’s hashrate and spark what could very well be a fata...