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In 2019, the cryptocurrency markets were filled with several narratives and one of them was about the Bitcoin market. Some market participants believed that tensions between the United States and China, which led up to a huge trade war prompted upsurge in the prices of cryptocurrencies. Bitcoin was responding to tweets by the U.S. president regarding relations with China, surging to the upside and downside with geopolitical trends. When the U.S. president announced the application of tariffs to Chinese goods, both BTC/CNY and…

Among the top decentralized application (Dapp) platforms in the world today, the two leading the pack in the Dapp sector are Ethereum and TRON.  Justin Sun, TRON's Founder, and Vitalik Buterin, co-founder of Ethereum, has battled it out for the blockchain market's undisputed dominance over the past few years.  On one side, you have the brilliant and in-your-face personality, Buterin, who keeps jabbing right hooks on his Tron opponent's sentiments.  On the other hand, you have the logical and extremely…

Nascent technologies such as blockchain and artificial intelligence are changing the way we do things as they have what it takes to improve our daily activities. On May 22, Suseong University in South Korea reached a deal with the Korea Artificial Intelligence Association (KORAIA) for the creation of a blockchain and AI campus in Daegu. The deal will give birth to a new department to teach AI, big data, and cloud-based technology at the university based in Daegu, says local…

More people in Latin America have shown interest in Dai over the previous several months due to the economic troubles aggravated by the coronavirus pandemic. The local news outlet iProUP reported that the trading volume of MakerDAO’s stablecoins was four times during quarantine in Argentina, as it became $20 million daily from $5 million. This shows that Latin America is moving to the Safety of Dollar-Pegged Stablecoins because of the absolute debt and hyperinflation. Hence, the people chose to deal with…

As participants in the cryptocurrency space are clamoring for wider adoption of cryptocurrencies and blockchain technology, as well as regulations to govern the space, some governments have taken steps in that direction, some are considering it while others still seem uninterested. According to the Central Bank of Myanmar (CBM), cryptocurrencies are not recognized as an official currency and imprisonment or fine is waiting for anyone caught trading digital assets. The new development was revealed by the Myanmar Times on May 20, noting…

Bitcoin has been consolidating directly beneath critical barrier over the past few weeks and could not surge above $10k price level. A few hours ago, it moved below $9k and traders are wondering whether the leading cryptocurrency will revisit the low levels attained during the crash in March or maybe it is a chance to purchase the dip prior to the real bull run. It has been difficult for Bitcoin to clear the key resistance at $10k as it has proven…

The Bitcoin mempool are broadcasted Bitcoin network transactions that have not been added to a block. Awaiting transactions in mempool are usually chosen for addition into the freshly mined block according to their transaction fee. However, when the transaction fee is low, it may take longer time for the confirmation of such transaction. In recent weeks, there was a considerable spike in the backlog of unconfirmed transactions on Bitcoin network thereby making the Bitcoin mempool reach its biggest size in…

One of the criticisms surrounding cryptocurrencies is the ability of people to use it to finance illegal and disastrous activities such as terrorism, kidnapping, and more. This has led to several researches by individuals, agencies, as well as organizations regarding the issue. The Philippines Institute for Peace, Violence and Terrorism Research (PIPVTR) published a report on May 20 which reveals recent transactions by terrorist groups related to Islamic State (IS) in Southeast Asia. The institute noted an increase in terrorism…

Ripple's IPO could happen within the next year. Brad Garlinghouse, the Ripple CEO, made this massive announcement while speaking at the World Economic Forum in Davos. The industry executive told a crowd at the Wall Street Journal event that an initial public offering (IPO) is a "natural evolution" for the company.  The World Economic Forum is one of the world's most critical financial gatherings, and Ripple sponsors the event. While speaking there, the CEO opined that IPOs would be more…