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Category Archives: Bitcoin

East Asia, China Crucial to Global Cryptocurrency Economy

Aug 21, 2020

Olusegun Ogundeji

Despite a dwindling share of global cryptocurrency activity over the last 12 months, East Asia - led by China - remains the world’s largest cryptocurrency market by transaction volume, a latest Chainalysis preview of its Geography of Cryptocurrency Report has hinted. The research firm also...

Bitcoin Touches $12,000 Again, Confidence is Keyword

Aug 19, 2020

Olusegun Ogundeji

Growing confidence in digital assets tops the macro trends cited by insiders as influencing the current upward movement of the world’s largest cryptocurrency. Though with a slight retrace as at this writing, Bitcoin zoomed past the $12,000 price tag on Monday Aug. 16 to touch a year high (si...

OKEx, Ontology Release Initiatives to Support DeFi Growth

Aug 14, 2020

Olusegun Ogundeji

Most decentralized finance (DeFi) related developments may be taking place outside of China but initiatives coming from Chinese projects like OKEx and Ontology continue to support the growth of the protocol. The DeFi concept seeks to enable crypto businesses and platforms recreate t...

Potential Risk Behind Ethereum Price Pump

Aug 6, 2020

Vincent He

In the past two weeks, the price of Ethereum has pumped by 78%, in addition to the currency price, Ethereum's trading volume and number of active addresses boom as well. DeFi has become the key to support the rejuvenation of Ethereum. The decentralized consensus mechanism and perfect infra...