Analytics News

Can BitIndia Become the Paytm of Digital Money in India?

9 months ago admin2 Comments Off on Can BitIndia Become the Paytm of Digital Money in India?
Bitcoin has been gaining popularity in one of the most populous countries in the world, India. The digital currency is backed by the Blockchain technology, which has established itself as the driver and backbone in many fields. Both Bitcoin and Blockchain technology have been around since 2009 when Bitcoin emerged on the world stage and Read More

ICO Vulnerable to Price Manipulation, Says SEC Head Jay Clayton

9 months ago admin2 Comments Off on ICO Vulnerable to Price Manipulation, Says SEC Head Jay Clayton
US Securities and Exchange Commission (SEC) chairperson Jay Clayton has claimed that the market for initial coin offerings (ICO) is very opaque and susceptible to price manipulation. He further stated that the digital tokens issued for startup or open-source project fundraising are already ripe for misconduct. In his speech at the Practicing Law Institute’s Institute Read More

Bitcoin Classic Shuts Down As Staff Claim Bitcoin Cash Will Rule ‘In 6 Months’

9 months ago admin2 Comments Off on Bitcoin Classic Shuts Down As Staff Claim Bitcoin Cash Will Rule ‘In 6 Months’
Bitcoin Classic has confirmed it is shutting down as developers claim Bitcoin Cash (BCH) will become ‘Bitcoin’ by May 2018. In an official statement Thursday, release manager Tom Zander praised BCH and said its validity meant that Bitcoin Classic had “fulfilled its promise.” “It is now up to you which chain will gain the most Read More

Threat of Cryptocurrencies Will Lead to Introduction of State-backed Digital Currencies, Citigroup CEO

9 months ago admin2 Comments Off on Threat of Cryptocurrencies Will Lead to Introduction of State-backed Digital Currencies, Citigroup CEO
Citigroup chief executive officer (CEO), Michael Corbat, has projected that the threat posed by Bitcoin and other digital currencies in the existing global financial system will give rise to state-supported virtual currencies. He argued that governments around the world will not take the disruption caused by the cryptocurrencies in the system sitting down. In an Read More

Max Keiser: Saudi Arabia’s Bin Talal is Bitcoin ‘Poster Boy’

9 months ago admin2 Comments Off on Max Keiser: Saudi Arabia’s Bin Talal is Bitcoin ‘Poster Boy’
Max Keiser has publicly called arrested Saudi Prince Alwaleed bin Talal a “poster boy for why you should buy Bitcoin.” In an episode of the Keiser Report on Russia Today, the outspoken Keiser said the world’s richest Arab “wouldn’t have the problems” he is currently facing had he bought Bitcoin. Bin Talal is Read More

Charlie Shrem “Among The First” To Apologize Over SegWit2x Bitcoin Fork

9 months ago admin2 Comments Off on Charlie Shrem “Among The First” To Apologize Over SegWit2x Bitcoin Fork
The botched attempt to upgrade the Bitcoin network via SegWit2x is settling quickly. However, some in the Bitcoin community are bent on making its crusaders feel the heat. They took to Charlie Shrem’s Twitter page to vent their displeasure as he apologizes for supporting the upgrade. The SegWit2x upgrade was abruptly called off yesterday, about Read More

Bitcoin Leads Digitalization of Global Monetary System, Finance Industry

9 months ago admin2 Comments Off on Bitcoin Leads Digitalization of Global Monetary System, Finance Industry
Over the past decade, companies with almost no physical assets have turned out to be the most successful businesses in their respective industries. Bitcoin is leading the digitalization of the global monetary system and is en route to competing against existing fiat currencies and the finance industry. Uber, Airbnb and Amazon Amazon, the second largest Read More

It is Highly Inaccurate to Describe Bitcoin as a Bubble, Here’s Why

9 months ago admin2 Comments Off on It is Highly Inaccurate to Describe Bitcoin as a Bubble, Here’s Why
Many public figures in the traditional financial sector including JPMorgan CEO Jamie Morgan have criticized Bitcoin, describing it as a bubble. However, because of its decentralized, mathematical and transparent nature, it is highly inaccurate to call Bitcoin a bubble of any sort. Tesla, Amazon, Bitcoin “Bubbles” Bitcoin is not a bubble, contrary to the dishonest Read More

Parity Wallet ‘Continues Investigating’ $300 Mln Lock as Ambisafe Reports No Losses

9 months ago admin2 Comments Off on Parity Wallet ‘Continues Investigating’ $300 Mln Lock as Ambisafe Reports No Losses
Ambisafe has called Parity’s wallet’s second funds loss an “exercise in perspective-taking” as it confirms none of its funds disappeared. In a dedicated press release, Ambisafe, which provides token issuance on Ethereum and other services, said it had had “no reports” of missing ETH from its customers. “Ambisafe offers reassurance that multisig accounts using their Read More