Opinion

As blockchain technology development continues perpetually, different issues arise daily. The greatest challenge stands to be how blockchain-based institutions can easily avail services and likewise efficient for people in every corner worldwide. In Sept 2017, the Carrier Blockchain Study Group (CBSG) Consortium was established to facilitate secure and direct digital payments with blockchain technology. A press release on February 18 saw the Blockchain platform TBCASoft, one of the founding members of CBSG, make a breakthrough announcement. The statement mentioned Asia…

Binance recently sparked talks in the financial world, due to the revelation of taking a forward step towards expansion. While teaming up with the Simpex Payment Processing Provider, Binance plans to enable more people to buy BTC, ETH, XRP, and other cryptos with fiat currencies at their convenience. Binance will now give users the ability to save money by eradicating extra fees such as bank levies and conversion tariffs that card companies charge regularly. Solutions to The Issues Facing Binance…

The race to launch a CBDC among central banks worldwide is perpetually picking up as its development is ongoing in nations like Singapore, while China buckles up for its launch within 202o. However, people's focus is set on the US Federal reserve's potential to release a CBDC backed by the favored currency, USD. In recent times, reports have it that the Head of Blockchain technology said that the company would not release its JPM Coin if the Federal Reserve released…

It's no doubt that the coronavirus pandemic has vastly affected the financial world. It is so much that its effects have been seen in the global Bitcoin mining power, reducing the growth of the computing power of the Cryptocurrency. Different miners in the industry, especially in the Asian regions, have seen different experiences, with others increasing their market share while others struggle to maintain balance. Among the platforms that dominate crypto mining is Bitmain, which has been the leader since 2017.…

The BTC/USD price recently fell to the weekly low at $9,483 but later increased to around $9.7k. However, this price recovery is still under immense barriers at $9,950 and $10k.  A day earlier, the price plummeted highly, even going below the 9.6k support level. It further dropped under the $9.5k(the then weekly low) but settled well under the 100 SMA.  Afterward, this price continued to drop, hitting $9,483, and surged fast to $9.5k and $9.6k levels. There was a significant…

The most recent release from MoneyGram is an instant payment service that uses the power of Visa's payments to transfer money. Although the platform has been using Ripple's XRP as a remittance network, MoneyGram does not include XRP in its new service.  The name of MoneyGram's new instant remittance platform is FastSend, and it allows its users to send money just by using the name and phone number of the recipient.  Moneygram is using Visa payments to facilitate fast transactions…

It has been all smiles and laughs for the crypto community in the last two weeks. Bitcoin has been hovering in the $10 000 marks, a rise that has caused a domino effect to altcoins as their prices increase significantly.  However, this past week (9th-15th Feb), Crypto prices have experienced intense volatility, defying almost all prominent analysts’ predictions.  Take a look at the nitty-gritty details that have been shaping up the crypto markets in the past week. While in that…

The creation of Defi is primarily focused on providing a platform that runs on blockchain and is independent of other external centralized institutions. Mainly Defi platforms are supposed to be completely decentralized, and they help complete serious tasks by leveraging smart contracts.  According to Charlie Lee, the creator of Litecoin (LTC), however, there is a high chance that centralized networks can be linked with a significant portion of Defi. Mr. Charlie suggested that it's vital for Defi to have a…

The  XRP/USD  pair price fell from over $0.3200. The decline extended under $0.3000, and it may keep up the downtrend in the near term. Over the past three to four sessions, the pair has faced increasing bearish pressure below $ 0.3200. As a result, the price is moving below $ 0.3050 and bearing $ 0.3000. It also closed with support of $ 0.3000 and the 100 hourly SMA. That's down more than 10 percent to $ 0.2677. The pair recently…