China's share in Bitcoin transactions declined 80% post crackdown: PBoC

People’s Bank of China, the central bank of the country, claimed in a recent note that China’s share in the global Bitcoin (BTC) transactions has rapidly dropped from over 90% to 10%. The Financial Stability Bureau of the Chinese central bank released a comprehensive note on Wednesday discussing the impact of the crypto crackdown on the financial markets. The official […]

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Gate2Chain becomes Platinum Sponsor of BSV Global Blockchain Convention, Grand Hyatt, Dubai

– Event takes place May 24-26 2022 – Gate2Chain is announced as the latest addition to the sponsors’ roster, alongside presenting sponsor Ayre Ventures, for the BSV Global Blockchain Convention (previously known as the CoinGeek Conference) taking place in May this year. Gate2Chain allows clients to connect new or existing apps, websites, games or any other system to the BSV […]

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EOS Price Analysis: Bulls Eye Upside Break Above $2.3

EOS price is showing bullish signs above $2.10 against the US Dollar, similar to bitcoin. The price could continue to rise if it settles above the $2.30 resistance zone. EOS Price Analysis This week, EOS price started a decent increase above the $2.05 resistance against the US Dollar. The price gained pace for a move above the $2.15 resistance level. […]

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Dragonfly Research claims Ethereum is the 'MS-DOS' of blockchains

An experiment from Dragonfly Research that compared the performance of six blockchains by testing the capacity of Automated Market Makers on each has found Solana’s Orca DEX was the clear winner in trades per second.  It managed 273.34 trades per second and created a new block every 590 milliseconds. Binance Smart Chain (BSC) wasn’t too far behind with 194.6 trades […]

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FTX integrate Bonfida's flagship service to enable domain withdrawal function

Bonfida, a multifunctional infrastructure built around Solana blockchain, has announced that their Solana Name Service, or SNS, will be integrated into cryptocurrency exchange FTX in a bid to expand the former’s digital footprint and adoption rate. Alongside the SNS, Bonfida is recognized within the industry for its deployment of the inaugural decentralized exchange, or DEX, on Serum in September 2020 as […]

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Block’s BTC focus is just another Jack Dorsey power grab

Jack Dorsey’s digital payments company Block (formerly Square) is generating tons of BTC-related revenue but channeling only a tiny portion of that to the company’s bottom line.   Figures released last week show Block generated revenue of nearly $4.1 billion in the three months ending December 31, 2021, up nearly 30% from the same period the previous year. However, the […]

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Bitcoin Cash Moves Positively And Holds Above $300 Support

On February 28, Bitcoin Cash (BCH) rallied from $300 support as the price broke above the moving averages. However, the BCH price has retraced back above the moving averages. Bitcoin Cash price long-term analysis: bearish The current uptrend could continue if the price holds above the moving averages. That is, BCH will rise and regain the previous highs of $430 […]

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