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Over the past few days, Bitcoin experienced poor performance as its price plunged to $3800 on March 12th. However, the bulls started to rally the next day slightly, when the BTC price rose to $5000 and further managed to hit a high of $5900 as traders picked up the pace. Many crypto analysts, however, believe that Bitcoin will recover in the coming days. Top Analysts’ and Crypto traders’ Views on Bitcoin Prices Flib Flib, a very experienced crypto trader, anticipated…

Recently, Binance and WazirX joined forces to set up a $50 million token fund to encourage the growth of Indian startups. The announcement noted that Binance’s native tokens, BNB, BUSD, and WazirX’s WRX token are backing the fund.  The fund is known as Blockchain for India and will make investments in equity and tokens, ranging from $100,000 to $5 million. It will also provide mentorship and support to universities and student organizations, interested in establishing university blockchain technology incubators. The…

In every democratic nation, elections constitute a crucial democratic process, and therefore, its security is a matter of national security. With elections playing a crucial role in a country's future and citizens' lives, governments must employ efficient electoral systems that achieve a free, fair, and non-fraudulent representative election. Different nations worldwide employ different election mechanisms, including secret ballot-based voting, purely electronic methods, and electronic voting machines.  Nonetheless, more often than not, elections employing these mechanisms are often disputed due to…

Russia has been uncertain about crypto regulation in the country for so many years. The country has not yet finalized its major crypto legislation, known as ‘On Digital Financial Assets’. Senior Russian official warns that a pending bill on digital assets will include a ban on crypto.  The ban comes as a huge blow for cryptocurrency enthusiasts looking to capitalize on resurging BTC prices.  Meanwhile, the Bank of Russia is prioritizing a pilot tokenization project to rival traditional digital assets. …

The Advent of Distributed Technology In this day and age, the advent of distributed technologies like Blockchain has thoroughly shaken the world. Not just the Finance sector, but other areas such as Property, Advertising, and Governance, among others, are expected to be affected. By promising to remove intermediaries, Blockchain has set off to change the Global Infrastructure as we know it. For now, we use blockchain technology to store and share information across a network of users in an open…

On the 16th of March 2020, the Reserve Bank of Zimbabwe (RBZ) announced its plan to implement new crypto regulations. The news comes after the central bank banned banks from processing crypto payments back in 2018. The local news report stated that the RBZ is already drafting a policy framework to guide crypto-related firms’ operations in Zimbabwe. Zimbabwe Central Bank’s Deputy Director on Crypto Regulation The deputy director of financial markets and national payment system at Zimbabwe’s central bank, Josephat…

On March 12, 2020, many crypto exchanges saw the BTC crash to a daily low at around $3,800, after which it rapidly recovered to above the $4K level.  On Coinbase exchange, the highest-ranked crypto worldwide dropped to a daily low at $3,858, while on Bitfinex, it stood at $4,001.  The last time BTC prices plummeted to below $4K was in mid-2019, so this time the cryptocurrency fell to its lowest level in over a year. The Crypto Space’s Unknown Fate …

TEZOS was eyeing a possible parabolic Bull Run before the crypto market crash. On March 15, 2020, Binance US announced TEZOS (XTZ) as their latest listing in more than two weeks, for the trading pairs, XTZ/USD and XTZ/BUSD that will open on March 16 from 0900h EST or 0600h PST. Binance. US users can immediately start USD, BUSD or XTZ deposits into their wallets ahead of live trading time, which will also enable withdrawals. The exchange has also integrated several…

After an eye-raising decline spell over the week, Bitcoin price made a recovery above $5,000 and $5,500 against the USD. The price looks to be forming a decent support above the $5,000 mark. However, it is facing resistances near the 100 hourly simple moving average (SMA). During the recent upward trend, there was a break above a connecting bearish trend line. At the time, the resistance stood at $5,325 on the BTC/USD pair hourly chart. Although bitcoin faces a struggle…