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Weekly Bitcoin and Cryptocurrency Market Analysis

Simon Peters, market analyst: Bitcoin Teases Us At $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. After its drop to 3,335, it has since recovered to 3,372. Bitcoin broke through $12,000 on Monday, only to suffer a significant fall to $11,275 by Wednesday morning.

Grandmas On Lightning

Is Bitcoin Too Hard To Understand? I’ve spent a huge part of the last three years explaining Bitcoin to general audiences and the most common form of resistance I encounter is: “Bitcoin is too complicated. The masses will never understand it.” It’s a fair argument. Bitcoin is complicated and if you want to reach a competent understanding of the big picture then, at a minimum, you’d better get ready to learn about peer-to-peer networks, cryptography and the history of money. It’s for this reason that I find it bizarre when

Why Klaytn and Link Will Catalyze Blockchain Adoption in Asia

In the last two years, popular messaging giants in Asia and Europe have announced plans to launch a blockchain-powered cryptocurrency. In Asia, Kakao’s Klaytn and Line’s Link platform have launched and are quickly gaining momentum, but Facebook and Telegram’s cryptocurrencies have not fared so well. Messaging Giants Pushing Blockchain Adoption As it stands, Kakao is by far the most dominant mobile platform in Korea with a market share of 97% in the country. Kakao subsidiary Ground X began development of Klaytn back in 2019, after raising $90 million in both

The Bulls Are Back in the Digital Asset Market

Hope you had an excellent weekend. It’s become a bit of a rarity lately while bitcoin was sitting flat, but now that crypto is in a bull market again, I suppose it makes sense to see some volatility over the weekend. Hope it’s not surprising to anyone. Stocks are moving up, precious metals are marching higher, and capital is flowing toward new age financial technology in a way that we’ve never really seen before. There’s a lot more liquidity these days, and it has been floating into all sorts of

Buy DGB From the DigiByte Foundation Website with 36 Fiat Currencies Using ApplePay, Credit Card, Debit Card, SEPA

Decentralized proof-of-work (PoW) blockchain protocol DigiByte has partnered with MoonPay and Change Angel — a UK-based non-custodial wallet and exchange, to enable its users to buy DGB in any of the 36 supporters fiat currencies by simply clicking on the “Buy DGB” tab on the DigiByte Foundation’s homepage. Individuals can use ApplePay, SEPA, and Visa or Mastercard credit or debit cards to purchase DGB. MoonPay and Change Angel Ally With the DigiByte Foundation, Fee Sharing Formula Announced Of note, a new fee-sharing formula was also announced. Fees will be shared

Visa And MasterCard Taking Big Steps For Mass Crypto Adoption

Visa and Mastercard stand as global leaders in the payment services industry, and have been taking steps to accelerate crypto payment processor support. They did this through opening up new options for its global user base in regard to payment. Both Visa and MasterCard announced their own projects and collaborations for the use of cryptocurrencies back in July, which is driving crypto adoption to new heights. The Giants Starting To Take Notice With two of the world’s largest traditional payment processors holding a positive sentiment for crypto payment platforms and

Revolut Offers Cryptocurrency Service to its 7 Million Users Amid COVID-19 Crisis

The outbreak of the Coronavirus pandemic has affected the economic growth of many countries around the world.  Most financial institutions are forced to proffer different initiatives to mitigate the harsh effect of the virus on the global financial market. Central banks continue to print more banknotes to stimulate the economy in the fight against the outbreak. However, many reports have revealed that banknotes are potentially not safe during this time as they could help transmit the virus from one person to another. There is also the fear that excess money