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Blockchain adoption into different sectors within the global community has been booming over the years. Safe to say, blockchain technology provides decentralized, secure, straightforward, low costing, and fast operations wherever people employ its use. However, its adoption by the regular masses is still on a low.  A significant issue leading to this is the lack of ways to communicate between blockchains. As a result, the talk on blockchain interoperability is spiking as the ultimate solution for its evolution and mass…

Since its debut in 2008, Bitcoin has been increasingly grown in popularity and demand across the globe. It provides an excellent investment alternative compared to centralized currencies, which has led to the digital currency gaining many followers. The digital coin is suitable for businesses worldwide without conversion, providing a fast and efficient transaction mode. Furthermore, buying and selling bitcoin is possible, while earning is also an option. The most common way to earn bitcoin is through its mining. Bitcoin ATMs…

2008 saw bitcoin's launch, following a whitepaper on its technology by an anonymous user called Satoshi Nakamoto. Bitcoin became the world's first cryptocurrency, and since then, there has been a rise of more than 10 thousand other alternative coins. Research shows that the user adoption of crypto in the US has risen to 5%, with bitcoin having a good share.  The introduction of Bitcoin technology caused upheaval across global financial systems. Many jurisdictions didn't understand how the new technology worked…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $273 billion. Bitcoin continues to wobble between $9,000 and $9,500 with just a small 1% increase. Ethereum increases by more than 5% to reach $240 XRP steals the spotlight with an 11% increase as it climbs over $0.20 Dogecoin increases by 95% after Tik Tok users pump up the joke crypto. Crypto Trends 06th…

The Innovation Uprise Since the start of 2020, some major moves in the cryptocurrency space have highlighted its stride to maturity. Bitcoin seems to be stabilizing. Ethereum seems to be improving by the day. Several countries have initiated cryptocurrency regulation, increasing interest due to people staying at home during the pandemic. The race to the top is on-going 24/7 because the crypto market never sleeps. The competition is cut-throat, and new alternatives keep popping up every other day. That’s why…

The COVID-19 Situation and Blockchain The COVID-19 Pandemic has, in many ways, left the world gasping for breath. The pandemic has brought global lockdown, stock market crash, unemployment highs, and economic fluctuations. Because of the severity of the Corona Virus, authorities deemed it best to take such drastic measures to better humanity. But the blockchain industry, for better or worse, has found itself in a niche that remained almost entirely unaffected by the offset the pandemic has brought. Bitcoin, the…

When Big Money Enters the Market A recent article in Bitcoin Magazine predicted that the blockchain technology market would reach $7.7 billion by 2024. However, many industry insiders put their figures much higher, particularly given the phenomenal gain in popularity of blockchain-based technologies resulting from 2017‘s meteoric rise of Bitcoin and other cryptocurrencies. Just about any company could find use in blockchain’s ability to keep immutable and transparent records. However, certain expectations have to be managed. Leadership must be clear…

Blockchain technology has been developing at an impressively fast rate. Various industries worldwide are shaping their narrative by using blockchain technology to suit individual qualities and needs. About 12% of the energy and resources industries around the world are using blockchain. Other sectors, such as media companies, adopt blockchain to enforce digital rights and payments to content creators. Blockchain adoption in Latin America and Africa has been off to a slow start, but these regions are now catching up to…

The number of cryptocurrency investors has increased hugely in the last decade. Data from Coinmetrics.io shows that there are 12,000 Bitcoin millionaires worldwide at the moment. However, some people die every year with their family not having access to their Bitcoin holdings. Based on the estimates by Coincover, about 4 million Bitcoins valued at almost $40 billion has been forever lost because of death. The Cremation Institute carried out new research which shows that 89 percent of cryptocurrency investors worry about what will happen…