Bitcoin is the Best Distraction From the Current Financial Collapse, Says Franklin’s CEO
Bitcoin could distract people from the economic problems, while blockchain technology is the real "sport changer," Jenny Johnson claimed.
Crypto News
Cryptocurrencies represent an internet-based medium of exchange that takes advantage of cryptographical functions in order to conduct financial transactions. They leverage blockchain technology to achieve decentralization, immutability, and transparency.
According to the latest crypto news, there are thousands of cryptocurrencies in existence. However, the most popular ones include Bitcoin, Ethereum, Ripple, Binance Coin, Bitcoin Cash, Tezos, Tron, Litecoin, and EOS, acquire more than 80% of the total market cap.
Decentralized cryptocurrencies such as Bitcoin, have one substantial advantage - no single authority can control them. Instead, they are governed by an algorithm that’s pre-programmed and defined. This takes away the human factor and makes the entire network transparent and immutable.
Cryptos can be sent directly between two parties, in a rapid and cheap process, compared to traditional bank transfers. Since there is no central authority or a middleman, the users can go through the process without having to worry about complying with different rules.
The Latest Crypto News
Hotbit Freezes Withdrawals Following Subpoena of Senior Managers
A former Hotbit employee’s actions have sparked a legal investigation at the exchange, with law enforcement freezing some of the company’s assets.
Cardano Aggressively Priced Ahead of Vasil, Claims Messari’s Report
The Vasil hard fork may be a few weeks away but data suggest that ADA may be overvalued.
BTC Soars Towards $24K on CPI Numbers, Will the Resistance Fall? (Bitcoin Price Analysis)
The past couple of days have been very exciting for the entire cryptocurrency industry and Bitcoin is no exception. BTC soared towards $24K today on news of slowing down inflation in the US. The question is if this will be
ADA Rallied 7% on Positive Inflation Numbers, Here’s the Key Resistance (Cardano Price Analysis)
Cardano managed to rally by 7% together with the rest of the market once CPI figures showed inflation slowed in the US. Key Support levels: $0.50, $0.45 Key Resistance levels: $0.55, $0.66 US inflation decreased in July to 8.5% compared
CoinFLEX Files Restructuring Case in Seychelles Court
The troubled crypto exchange has a proposition on how to reimburse some investors, but not all agree.
Bitcoin Soars Towards $24K as US Inflation Slows Down to 8.5%
Bitcoin jumped by almost $1,000 in minutes, as the US announced a small decline in the Consumer Price Index metric.
Elon Musk Dumps 6.9 Million Tesla Shares Worth $7 Billion
The latest transaction comes a few months after Musk had said that he wasn’t planning additional sales.
Crypto Markets Down $50B as Bitcoin Retraces to $23K (Market Watch)
The crypto market cap has seen over $50 billion gone since Monday, as BTC and ETH retraced by up to 5% in a day.
Coinbase Reports Over $1 Billion in Losses During Q2
The largest US crypto exchange reported a second consecutive quarter with massive losses.
