Facebook Releases Whitepaper of Upcoming Payment Service Libra

By Coinstats’ Portfolio Management App: Facebook today released the whitepaper of its upcoming payment service dubbed as Libra. The social media giant stated that Libra will be a non-volatile, blockchain-based cryptocurrency, whose goal will be to bank all the unbanked people across the world. The project, according to the whitepaper, has received support from global…

Bitcoin Price Could Fall Back to $6,500: Market Analyst

Price of bitcoin on Monday established a fresh year-to-date high of $9,281, according to data provided by Coinstats’ coin portfolio management app. The move stretched bitcoin’s year-to-date gains by 155 percent which, as Morgan Creek Capital co-founder Anthony Pompliano called, the end of a bear market. At the same time, Tyler Winklevoss, the co-founder of…

Tron (TRX) Price Update: Justin Sun’s Brainchild Eyeing Strong Recovery

Tron’s TRX coin has surged up 0.68 percent against the dollar in the last 24 hours, according to CoinStats’ cryptocurrency portfolio tracker. The TRX-to-dollar exchange rate on Monday established an intraday high of $0.033, bringing its 7-day gains to 5.26 percent. The move helped the cryptocurrency’s market capitalization balloon from $2.11 billion to $2.18 billion….

Bullish: Binance Introduces Bitcoin-Pegged Token Following US Closure

Binance, the world’s leading cryptocurrency exchange by volume, on Monday announced that its native blockchain would start issuing tokens backed by bitcoin. Dubbed as BTCB, the new token will represent the net amount of bitcoins that Binance would hold in reserves. The exchange confirmed that it would make those reserve addresses public, which would allow…

How Bitcoin Wunderkind Erik Finman Plans to Bring Bitcoin to the Masses

Self-made millionaire and Bitcoin entrepreneur, Erik Finman, plans on bringing bitcoin to the masses with a new platform called CoinBits. The startup focuses on allowing users to passively invest in bitcoin which in turn will make it easier for the average folk to make investments in cryptocurrencies. Erik Finman is famous for becoming a millionaire…

5 Books Every Crypto Trader Must Read

As a crypto trader, you must have comprehensive knowledge about the industry; from the fundamentals (like the Bitcoin whitepaper) to much more intricate subjects (like regulatory issues and ecosystem characteristics). Furthermore, each crypto trader must be well informed about the principles of money allocation and investment strategies. Reading articles and listening to podcasts might provide…

The Reason Behind Crypto-Critical Banks’ Sudden Investments in Bitcoin

The huge popularity of Bitcoin in 2017 jumpstarted a whole new outlook on the crypto market. After Bitcoin’s price reached its all-time high mark of $19,891, cryptocurrencies became highly popular within the general public. However, the positive attention towards the new phenomena led to a spike in the numbers of crypto-skeptics within the banking system….

Samsung Entering the Cryptocurrency Market: All You Need to Know

South Korean consumer-technology giant Samsung takes further steps towards fortifying its presence within the cryptocurrency market. According to the latest reports, Samsung is currently developing cryptocurrency and blockchain features in the frameworks of the Samsung Pay app. While the work is still in the internal phase, the plans include enhancing the hardware wallets in Galaxy…

Crypto in International Trade

Even though Industrial Revolution 4.0 is on its early stage, the way we live, work, and interact have fundamentally changed. Moreover, it is inevitable that technologies like Blockchain and AI are here to stay. According to experts, the will energize The Fourth Industrial Revolution. Technological innovations are crucial for global economic conjuncture; trade and international…