Bitcoin Isn’t Gold 2.0, It’s in a Class of Its Own

Bitcoin won’t replace gold. Instead, Bitcoin will transcend beyond gold 2.0, becoming a new kind of money the world has never seen before. Key Takeaways Bitcoin performed well during geopolitical turmoil, leading to the narrative that BTC moves in the opposite direction of stocks. In the last month, the correlation between Bitcoin and stocks hit […]

E-Payments During Covid-19 and Beyond

The current pandemic is far from over and the economic, political, and social ramifications of this crisis remain unclear. Indeed, the nature of the workplace people return to might well be radically different to what previously existed. During an online panel session, hosted by Cointelegraph’s Stephen Chase, fintech pioneers debated how the Coronavirus could act […]

In Crisis, Innovation in Finance Can ‘Get Us to the Next Stage’

The United States regulator, Commodities and Futures Trading Commission, announced the CFTC’s first science contest, Project Streetlamp, earlier this week. Cointelegraph had a chance to speak with Melissa Netram, who is the Chief Innovation Officer and Director of the commission’s fintech office, LabCFTC. Netram took over the role from Daniel Gorfine in September. Cointelegraph was […]

Beginners Guide To Cryptocurrency

Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. Stock Photo: deniskot / Keyboard with a golden cryptocurrency tab Cryptocurrency 101 Cryptocurrency has been around since 2009 and has grown in popularity ever since. But if you’re a beginner in the crypto industry, you might have a few questions […]

These Two Cryptocurrencies Pinpoint Where Bitcoin Is Headed Next

Over the last few weeks, Zcash has been leading the corrections in Bitcoin’s price while XLM has been leading the run-ups. Key Takeaways Bitcoin shows high levels of correlation with the rest of the crypto market, but different altcoins nark different trends for BTC. Zcash (ZEC), for instance, can be used to determine intermediate tops […]

How Have Petro Prices Stayed Stable While Crude Oil Falls Below USD 0?

Source: Adobe/Wit The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices. But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that while cryptocurrencies experience volatility […]

Bitcoin Hodlers Accumulate, Binance-Backed Crypto App For Africa + More News

Source: Adobe/velishchuk Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Crypto market researcher Glassnode has announced that Hodler Net Position Change is now hitting yearly highs. Per their tweet, it’s been growing since the end of […]

Bitcoin Rallies, Almost Hits Pre-Crash Level, Ethereum & Co Jump Too

Source: Adobe/grejak The most popular cryptocurrency, bitcoin (BTC) rallied on Thursday sharply, almost recovering all losses suffered on Black Thursday in March. At pixel time (14:55 UTC), BTC trades at c. USD 7,573 and is up 5% in an hour and 6% in a day. The price increased 8% in a week and 12% in […]

Cuba’s First P2P Bitcoin Exchange Launches Amid Regulatory Uncertainty

While most crypto businesses keep out of Cuba due to regulatory uncertainties and hefty American sanctions, Italian-Cuban entrepreneur Mario Mazzola developed and deployed Cuba’s first peer-to-peer Bitcoin (BTC) exchange. Blockchain and cryptocurrency news outlet Decrypt reported on April 23 that Mazzola launched the “ultra-lightweight” Bitcoin exchange earlier this month. Taking the lead A Reuters report […]

50% of American Crypto Users Hold Bitcoin to Fight Inflation

A Paxful survey finds that disenchantment with the traditional financial system will drive people to Bitcoin. Key Takeaways Half of respondents see a traditional finance crisis leading to a flight to Bitcoin. Mobile mining, an altcoin resurgence, institutional investing, and payments are also drivers of adoption. The survey found more than 50% respondents saw the […]