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It will take a long time for cryptocurrencies like Bitcoin to attain the status of a store-of-value asset, said KPMG in its latest crypto study. The Big Four firm’s “Institutionalization of Cryptoassets” report asserted that assets like bitcoin could neither be used as a medium of exchange nor a store of value, mainly because of […]
If you follow cryptocurrencies for a while you start finding weird and interesting patterns, scattered around a variety of technical data. It may not seem like much, but sometimes looking away from price into other statistics can give you a refreshing view on the market. Bearish trends can tell us more about the future, you […]
A new milestone in blockchain adoption has been set with the successful recording of a record-breaking art sale on a blockchain. On November 13, the Barney A. Ebsworth Collection sale at the famous Christie’s auction house in New York raised a total of $317,801,250, in the process becoming the most valuable art auction to ever […]
Thailand’s Democrat Party, the country’s main opposition party has become the first major political party in the world to carry out primary elections entirely on a blockchain. Using a live e-voting system powered by the Zcoin blockchain, the party successfully conducted its primaries which involved more than 120,000 voters between November 1 and November 9. […]
According to Willy Woo, a prominent cryptocurrency analyst and researcher, Bitcoin is expected to bottom out in the second quarter of 2019. Throughout the past three months, since August, Bitcoin has remained in a tight range from $6,200 to $6,800, unable to break out of major resistance levels above the $6,800 mark apart from one […]