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Bitcoin's scalability and decentralization issues may soon be a thing of the past. Thanks to a new initiative bringing together Bitcoin and its mining community, the network is set for a significant reinvention. In a recent episode of the Crypto Conversation podcast, Marco Streng the Genesis Mining’s CEO emphasized the mining community’s role in Bitcoin's development. Again he delved on the place of innovation, for example, cloud-based mining operations in attaining Bitcoin's decentralization. Breaking  Decentralization Mr Streng maintains that cloud…

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 $191 billion. Bitcoin price finally ends the week in the green. Ethereum value increases by 15% in total more than the previous week. XRP rises to $0.18 and continues its steady ascension Binance has acquired CoinMarketCap, the biggest crypto data aggregator. Most of the top-20 altcoins trade in green throughout the week COVID-19 has…

The BTC/USD pair gained some traction yesterday surging over two barrier levels ($6,980 and $7k). At the moment, the pair is trading above the  $6.5k and $7k barrier levels. Medium-Term Uptrend The pair’s hourly chart shows that a robust barrier towards the upside awaits near the $8k level and 100-day SMA. Again,  the chart indicates the formation of a key declining trend line whose barrier is close to $7,880. A medium-term uptrend could emerge depending on the buyers' ability to…

Small and medium enterprises (SMEs)could soon find it easy to conclude their transactions. This follows global payments giant SWIFT's announcement that would make instant payments available to SMEs.  SWIFT, says it intends to be at the fore of global A2A and B2B transactions. The firm is taking on Visa, MasterCard, and emerging fintech ventures, for example, Ripple.  The decision to venture into space was arrived at in a last month's meeting of the firm’s Board and Executive. The decision is…

Bitcoin's massive market crash in March rocked the whole crypto market. It introduced a long period of volatility. Consequently, several altcoins plummeted too. Things were different, though for stablecoins that experienced impressive gains over Bitcoin (BTC). Hedging Against BTC Many crypto traders entered the stablecoin market to hedge against Bitcoin's increasing volatility. Tether, the popular and highly controversial stablecoin dominated transactions. According to BitMEX, the BTC/USDT trading almost tripled in March (21.6 million BTC). It had previously reached a value…

In the previous few days, Bitcoin and the entire cryptocurrency market performed well. Bitcoin attained a level of $7.2k, which is about a hundred percent from the approximately $3.8k bottom, established on the 13th of March. Even though there is a minimal upsurge, Bitcoin is trading at $6.8k, just below the levels observed before a crash. It seems impressive since it recovered in three weeks, and there is still a potential uptrend. In recent times, Bitcoin’s push over a main…

Internet - The Ultimate Copying Machine Back in the ’90s, the Internet as we know it today started to come to light finally. That was the time when the first browsers, social networks, communities, and games were popping up, and anyone who could get their hands on a computer was waiting to get a piece of it. As we know it today, the Internet is nothing more than a copying machine—the biggest copying machine in history. When I call the…

Recently, the Huobi Group announced its plan to distribute aid in support of Indonesia as it fights against the Covid-19 pandemic. Reports say that Huobi partnered with the Indonesia-China Association of Economic, Social, and Cultural Cooperation (ICAESCC) to offer aid to Indonesia during the pandemic. Additionally, they will be making monetary contributions, donate vital medical supplies, and also use blockchain to aid Indonesia in healthcare delivery. Huobi Charity will contribute about $50 000 worth of Huobi tokens (HT) to ICAESCC…

XRM has outpaced bitcoin's gains over the last week and is still rocketing higher The 12th ranked crypto on CoinMarketCap is up by over 6% over the last 24-hour trading period and is currently trading at $53.94  Experts across the crypto world share their opinion on why XRM is set to surge even higher in the coming weeks Amidst the ongoing world economic crisis, one thing crypto investors look for is digital assets that can stand the test of time.…