The multinational investment bank and financial services company, Morgan Stanley has published their latest report which was released on 31st October. The report contains an overview of the evolution of Bitcoin and how its investment purpose has changed throughout the years but the report has a bullish sentiment to it in comparison the outlook for 2017. Also in the report is a few drawbacks of the crypto including a lack of regulations and energy.
The CEO of IOHK Charles Hoskinson has confirmed on several occasions that IOHK is fully funded to complete all planned development until at least 2020. In the latest statement by the CEO, he added that due to the appreciation of Bitcoin, IOHK and Emurgo are sufficiently funded to commit to the additional roles too. Due to this, the loss of access to the ICO funds and ADA allocation of the Cardano Foundation shouldn’t 100% limit the over the development of Cardano.
In Ukraine, a county bearing the brunt of rampant corruption and still trying to find its footing after a revolution, a growing number of citizens are turning to cryptocurrencies to get back on their feet.
After the collapse of the Soviet Union in 1991, many Ukrainians watched in dismay as much of the area’s wealth and infrastructure made its way into the hands of a select few.
Today, these oligarchs control their wealth through physical force and elaborate investment schemes that keep much-needed dollars out of the hands of everyday citizens. Political upheaval by citizens in 2014 toppled the government of ex-President Viktor Yanukovych, but the fundamental inequalities remained.
The world of digital currencies and the world of gambling seem to be joining up. The benefits offered by currencies such as the market leader, Bitcoin isn’t an oversight. Winning Poker Network is one of the companies that is benefitting from supporting from the world of crypto over the past few years.
There are several online betting websites that accept cryptocurrency such as Bitcoin, this is usually done through an effort to complement existing options. Providing consumers with more options to gamble seems to have paid off. Winning Poker Payments doesn’t seem to be regretting its decision to accept digital currency payments.
A study conducted by market research firm Juniper Research has cast doubts on bitcoin’s long-term prospects owing to various factors stacked against it including regulatory scrutiny. Per Windsor Holden, the author of the report titled ‘The Future of Cryptocurrency: Bitcoin & Altcoin Trends & Challenges 2018-2023’ the lack of ‘intrinsic value’ in the flagship cryptocurrency
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Ethereum is one of the biggest cryptocurrency projects on the market today. That does not mean the project will not evolve further, as various issues have become apparent over the years. Below are some of the big things to look forward to where Ethereum is concerned, Do keep in mind there is no official timeline for any of these developments as of yet.
#3 Beacon Chain
One of the options being explored by Ethereum developers goes by the name of Beacon Chain. It would be a solution which seems to transition Ethereum into its proof-of-stake era and introduce the sharding concept. As such, it plays a pivotal role in the world of cryptocurrency, depending on how the developers decide to implement it exactly.
If you own at least, 0.28 Bitcoin then you have the possibility to succeed in its future.
Despite this being, quite a small amount compared to some, owning this small amount of Bitcoin means that you will be one of the 1% of future Bitcoin.
Steve Lee, the former Product Director at the search engine giant, Google took to Twitter to make this known and that the fixed supply of Bitcoin (20,999,999,9769) means that only 1% of the population of the world could actually own Bitcoin if all the coins were distributed.
Malta’s prime minister, Joseph Muscat, has told the U.N. that cryptocurrencies are “the inevitable future of money.”
At the UN General Assembly, Malta Prime Minister Joseph Muscat stated that blockchain technology will allow crypto to inevitably become the future of money. He stated: “I passionately believe technology revolutionizes and improves systems. This is why in Malta, we have launched ourselves as the blockchain island. By being the first jurisdiction worldwide to regulate
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The newest episode of What Bitcoin Did features a debate between two crypto advocates with a strong economic background, Caitlin Long and Dr. Saifedean “Saife” Ammous. It was loosely moderated by regular host Peter McCormack and the discussion was lively.
Caitlin Long, a recurring guest with the podcast network, has been involved with Wall Street financial banking for more than 20 years and has been a firm advocate for cryptocurrency since 2012. Dr. Saifedean “Saife” Ammous, on the other hand, comes from a more academic background and has been a professor of economics for several years. Having embedded himself in the space for several years, Ammous is also the author of a book on cryptocurrency and economics, “The Bitcoin Standard.”
Bitcoin bull and former J.P. Morgan Chief Equity Strategist, Tom Lee has predicted that the world’s second-largest digital asset, Ether (ETH) is poised for a major rally in the immediate future. As reported on CNBC, Lee identified an impending major trend reversal, having seen the altcoin underperform other cryptocurrencies by two standard deviations in all
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The IOTA Foundation continue to future-proof not only their own ecosystem, but the entirely of the blockchain too. In their most recent announcement, IOTA have revealed their latest project by the name of bIOTAsphere, an environment built upon the IOTA protocol in order to facilitate brainstorming, discussion and the development of new applications for the IOTA network, Tangle.
IOTA believe that through bIOTAsphere, the true benefits and advantages of the tangle will come to the fore, bolstering IOTA’s position as a true blockchain pioneer for the future.
The problems plaguing centralized social network platforms, including ongoing battles with censorship and user data security concerns, has opened a market opportunity for blockchain-based solutions. Currently, much of the attention has been on Steem, a blockchain-based rewards platform for publishers to monetize content, given that its network recently surpassed one million accounts. However, Steem has faced […]
The future of blockchain is as uncertain as the future of Bitcoin. The word in itself has become a bit of a buzzword in the business but how does it fit into the higher education sector?
Experts have predicted that in the future, blockchain will be able to automate multiple tasks and upend banking, education and even healthcare. For the many fanatics of blockchain, there really isn’t anything it can’t do – essentially it holds the answer to almost everything including, cancer, poverty, copyright management and so on.
What can we say except that bitcoin is once again down for the count? The currency has fallen by roughly $ 300 in the last 24 hours and is now trading for just over $ 6,300. Perhaps it was asking a bit too much that investors get their hopes up regarding the future. After all, it appears bitcoin has been going through this pattern since mid-July. It rises a bit and gets everyone flustered and thinking the big bucks are right around the corner only to stumble back down to where it was before.
Decentralized apps, or dApps, operating on the blockchain face a singular problem: scalability. Take a look at Bitcoin 10 transactions per second (TPS) limit, compared to Visa’s 24,000 TPS. While a handful of high-quality projects and companies have partly surmounted this challenge with sidechaining and sharding, nonscalability has inhibited the progress of many otherwise promising blockchain projects. DApp scaling frameworks may be an early solution on which to build greater and wider blockchain scalability in the future, and it’s worth examining what they are and why they’re so important.
Justin Sun, the founder of the popular cryptocurrency TRON has made his views on the future crystal clear saying that the crypto space will surge up to a 10 trillion US dollar market cap.
Sun recently tweeted:
“I do believe the entire world wealth will turn into cryptocurrencies like blackhole and grow much bigger in the future. Cryptocurrency will hit 10 trillion USD market cap before @Apple and @Amazon do.
Brian Armstrong, the CEO of one of the most popular crypto exchanges, Coinbase has revealed what he thinks the future of the company will hold. Armstrong goes onto say that he wishes the company to grow into something similar to the New York Stock Exchange but on more of a around the globe level.
At the TechCrunchDisrupt event which took place in San Francisco, Brian Armstrong shared his thoughts on what he sees in the future of Coinbase.
VeChain has teamed up with BYD for a carbon ecosystem after adding the insurer PICC to its list of partnerships. VeChain has also just recently released mainnet v1.0.2 hwilst VET has raised over 200% in less than a month since bulls starting racing into the crypto market in August.
VeChain is the 18th biggest cryptocurrency around the globe and is heading towards bigger and more advanced things with the announcement of another partnership.
Whereas the Cardano (ADA) protocol is similar to Ethereum’s PoS mechanism, the Cardano protocol is faster and has improved efficiency. The protocol introduces more features at an advanced level without blemishing the original idea of crypto that is decentralisation.
Cardano balances security, speed and decentralisation whilst attempting to improve proportionally forward with each release or published paper. This is the idea from the mind behind it all, the founder Charles Hoskinson, who said this:
“What we’ve done with Cardano is start with asking ourselves what a blockchain is.