Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest dedicated independent chipmaker, has predicted a drop in demand from the cryptocurrency mining community in the fourth quarter this year. The growth target of 7 to 9 percent was slashed to 6.5 percent partly due to the demand dynamics of bitcoin miners. Crypto Mining Demand For TSMC…
The CEO of the Russian state-owned financial service provider Sberbank has stated that cryptocurrency and blockchain technology will fundamentally transform business and finance. That said, Herman Gref is looking at a time span of decades rather than months or years. Herman Gref with Refreshing Take on Cryptocurrency According to a report in local news, the…
Recently, the Tron Foundation announced the launch of the new Tron Developer Suite. This is a special kind of all-in-one toolkit created to help TRON developers make progress on the mainnet faster and with more efficiency. New developer suite available: TronBox, TronGrid, TronStudio & TronWeb. Developers are now fully equipped to build the best Dapps…
New research published in a renowned scientific journal speculates that the Bitcoin markets are rapidly maturing, which could be positive news for investors. The journal – called Chaos: An Interdisciplinary Journal of Nonlinear Science – highlights some interesting features regarding the rapidly evolving cryptocurrency markets in a report titled “Bitcoin market route to maturity? Evidence from…
Cryptocurrency exchange, Gemini, announced today that they will be adding support for Litecoin (LTC) beginning on Saturday, October 13th. Investors will be able to deposit LTC into Gemini, but will not be able to trade the cryptocurrency until Tuesday, October 16th. Litecoin will be the fourth digital asset added to the exchange platform and will…
Vitalik Buterin, the co-founder of Ethereum (ETH), was accused of leading a scam involving Ethereum. The scam supposedly involved pre-mining that allowed him and Joe Lubin to steal 75% of ETH supply and turn them into billionaires. These accusations came from a New York University professor Nouriel Roubini. @VitalikButerin was the ring-leader – together with…
American economist and chairman of economic consultancy firm Roubini Macro Associates LLC, Nouriel Roubini, is keeping his earned nickname of “Dr. Doom” intact, providing an incredibly bearish report on cryptocurrencies and Bitcoin in front of the U.S. Senate today. Cryptocurrency is the “Mother of All Scams and Bubbles” Dr. Nouriel Roubini, who has earned the…
As Bitcoin’s price continues to trade sideways amidst a bout of low trading volume, investors are becoming increasingly keen to know which direction Bitcoin will move next. This will likely signal the continuance or reversal of the persisting bear market trend. Today, Bitcoin was trading relatively flat, trading within the tightening range between $6,500 and $6,700,…
Over the past week Bitcoin has seen an unprecedented amount of stability, with its volatility hitting a 17-month low. During the past few weeks, altcoins have had the chance to regain some of their losses, and they are now sitting well off their year-to-date lows. Despite the stability and increasing market sentiment, one analyst is…
In a recent announcement on the Binance website, the major cryptocurrency exchange explained that they would be introducing an unprecedented policy that makes coin listing fees completely transparent, with 100% of those fees being donated to charity. The move comes as exchanges face growing criticism regarding their listing policies. In the post, the exchange explains that…