Opinion

Even since their launch, Cryptocurrencies are the conversation in most U.S. minds. Well, notwithstanding the crypto community's very own Andrew Yang’s failure to clinch the Democratic Party's presidential ticket. The number of firms and patents in the US related to cryptos and blockchain technology keeps on going through the roof. These two factors make Cryptos a hot economic as well as a political topic. Query At The Senate The US President, Donald J. Trump proposed a $4.8 trillion for 2020,…

Good news for Litecoin holders, they can now earn up to 10 percent interest on assets thanks to a strategic partnership. The Litecoin Foundation announced this on the 10th of February 2020. It states that it is partnering with Cred, a California based crypto lender to enable the borrowing and lending of Litecoin. About The Deal This financial services support is global, available to all holders of the crypto in at least 190 nations. Litecoin holders now get to make…

A recent report reveals that the Financial Services and Markets Authority (FSMA) in Belgium wants to ensure that digital currencies undergo government regulations.  The FSMA Chairman, Jean-Paul Servais, insinuated that Belgium's lawmakers should develop a legal guide to control the purchase, sale, and use of digital currencies. These guidelines are not just to guide digital currencies but any other financial products.   Servais' remarks came on February 10 in a senate hearing. He explained that it's time for the Belgian government…

The BTC/USD price has recently hit the over $10k mark, to $10.2k but more recently plunged. There are still hopes of it doing well after all since although the price is declining the buying pressure is still active and will probably still be as long as the price remains over $9.5k.  After hitting the 10k, and even the 10.2k mark, the coins price was unable to overcome the hurdles past the 10.2k; instead, it made a new high for 2020,…

Currently, Ripple is hiring with its new job openings, showing how ready the company is for spreading the adoption of  XRP. This blockchain firm is hiring ten new people to add them to their team in new positions through fundraising and the new Xpring development. Among the new but senior positions are a product management director, vice president in developer relations, and a senior infrastructure engineer. These new positions will help create a network offering engineers the XRP ledger as…

Ukrainian authorities are currently noticing that there is no need for government oversight bodies to conduct regulatory operations in the Crypto mining field.   The Ukraine Ministry of digital transformation on February 7th released a manifest on virtual assets, i.e., crypto assets. In this release, they particularly stated that government regulations are not necessary for Crypto mining. The crypto world does not need regulations since it's self-regulated by the protocol and network members.  Similarly, the ministry highlighted the development and implementation…

Bitcoin prices have declined from the $10k mark to just about $9.8k, leading to severe liquidations of BTC longs at the BitMex platform, amounting to $57.8 million.  The possible reason for the declining price is the fast rise of the number of BTC futures open interests and contracts surpassing $1 billion but hitting more than $1.5 billion. This fast-rising led to a hike in the number of aggregated open interest in the top crypto exchanges like Bitmex to over $4…

BTC/USD's price increased steadily over the $10k barrier. However, it could still fall to $9,850 before rallying towards the $10.5k zone. The pair's price rose steadily over the  $9.5k and $9.85k barriers in the last few days. Accordingly, the price surged over the $10k barrier settling above the 100 hourly SMA level. BTC New 2020 High Eventually, the price reached the $10.2k zone registering a new 2020 high near the $10,201 mark. Studying the hourly BTC/USD chart reveals a break…

A new report suggests that the healthcare sector is ready to harness the benefits arising from the adoption of Blockchain technology. The Report by TMR Research acknowledges that the sector doesn't feature readily when considering those likely to integrate Blockchain solutions. However, it asserts that the revolution is imminent. It further states that the change would impact every aspect of the sector. Global Effort for Adopting Blockchain in Healthcare Additionally, the report went on to identify key players pushing for…