Binance Chain went live on April the 19th this year. It’s launched pushed the BNB token to an all-time High. The first major coin to achieve this since the great bull run of 2017 & 18. Several Ethereum based projects have subsequently migrated to Binance Chain including the BNB token itself. Can Binance Chain establish itself as a contendor it the smart contract blockchain arena? Or are there better offerings out there? It should be noted that Changpeng Zhao, the CEO of Binance, has stated that the Binance chain is not currently supporting smart contracts and therefore is not a Bi ..read more

Recently, the Tether treasury who are responsible for managing the issuing of Tether and the management of their fiat-backed reserves minted an additional $300 million USD of the stablecoin. Back in November of last year Bitcoin sank below what had until then seemed like an unbreakable support line Tether burned the same amount of tokens removing them from the coin supply. Rumours abounded that Tether could even be winding up its position. More recently Tether faced criticism after it was noted that they had changed their terms of service. Whereas each USDT used to be backed by a US dol ..read more

It is often said that technical analysis works 100% of the time, backwards. Some swear by it and some consider it to hold as much truth as horoscopes. This week Bitcoin has passed a major milestone that many believe heralds the end of crypto winter and bring with it a new all time high. Over the last month Bitcoin has risen by over $1700 to $5600, a gain of around 40%. This is the first time since the October 2015 that Bitcoin has achieved what is known as the “golden cross”. The golden cross is when the 50 day moving average passes the 200 day moving average. It is seen by many traders a ..read more

There is a tweet doing the rounds in the crypto community at the moment that shows an uncanny relation between the price of gold over the last 43 year and that of Bitcoin since its inception just over 9 years ago. Is this curious chart evidence that Bitcoin is digital gold? Or is it just an amazing coincidence. Let’s take a look at what makes gold valuable, its role in society and how bitcoin compares to it. Why is gold Valuable? Mankind’s love of gold enduring is curious. As a chemical, it is quite uninteresting. However, of all the elements in the periodic table, it is the one that cul ..read more

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World-renowned American economist and Nobel Prize winner in Economic Sciences Milton Friedman seemingly predicted the rise of digital currencies such as Bitcoin in 1999. In his video interview, Friedman said that a reliable but discreet method of financial transactions will develop on the Internet in the near future. Below is the clip: The post Milton Friedman predicted Bitcoin in the late 90’s appeared first on STO Crowd ..read more

Tyler and Cameron Winklevoss, the founders of the Gemini trading platform and crypto whales have launched a crypto trading app and new investment vehicle according to an official blog post. The app allows users to buy and sell crypto, to monitor real-time and historical prices for Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Zcash. The app also includes a “recurring buy” feature and supports a newly launched investment vechichle called “The Cryptoverse”. The investment vehicle is a basked of cryptocurrencies weighted by market capitalization and can be bought in a single order. Ca ..read more

Facebook appears to be delving further into blockchain and has listed five new blockchain jobs on its careers page in the last three weeks. The positions include software engineer roles a data scientist position and a data engineer and all are based at the companies headquarters in Menlo Park California. The job description for the blockchain engineer states the position will be “technically” and “intellectually challenging” and “will have massive global impact.” Facebooks most recently listed position, that of Product Marketing Lead for their blockchain team states that the team is ..read more

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