Even though blockchains are generally considered to be superior to traditional networks, no single blockchain is perfect. Due to the inability to maximise the components scalability, security and decentralisation – the so-called Blockchain Trilemma – there are distinct use cases for different chains.
Rick Rieder, Chief Investment Officer (CIO) of the world’s largest asset manager BlackRock, recently made a positive comment on Bitcoin. He believes that the increasing digitalization of currencies will allow for broad adoption of Bitcoin.
An impressive reporting week with strong upward pressure is behind us. The week was defined by ever-higher daily closing prices until the end of the week. The lowest point was reached on Monday at $15.870 and the highest on Saturday at $19.010. This resulted in a substantial weekly increase of almost 20%.
Bitcoin has had a great year in terms of performance and institutional adoption. Yet there are still a lot of common myths/misconceptions people have about the crypto currency. These include things like “Bitcoin is a bubble”, “it has no intrisic value” or “governments will ban it”.
Another application area for the use of Blockchain technology is the fashion industry. An online retailer has released a limited streetwear collection that is stored on the Blockchain. This allows customers to retrieve product-relevant information such as authenticity.
An overview of the trading activities on the cryptomarkets. Studies on traded volumes, supply and demand situations, as well as periodic technical analysis of the most important crypto-currencies and indices, including the perspective of Crypto Finance AG Senior Trader Patrick Heusser.
Bitcoin USD daily basis Chart: Tradingview.com Bitcoin USD chart analysis – New annual highs again Bitcoin, after consolidating in the USD 15,500 range, was able to make a renewed breakout into higher spheres and further extend its price increase of the previous week. On Monday, a second attempt to break through the USD 16,000 mark […]
A blockchain based fantasy soccer game has won over another famous European club. The German record-holder FC Bayern Munich has entered into a partnership with the company, and enters the world of blockchain soccer cards.
Korean payment giant Danal Fintech joins Korea’s largest blockchain ecosystem and integrates its cryptocurrency into its payment app. The goal of the partnership is to bring virtual assets one step closer to everyday life.
DeFi has been a strong driving force for the digital assets’ narrative this summer. Within DeFi there are multiple investment strategies one could adopt. We analyze the performance of different strategies and conclude that active buying and selling of governance tokens was the best strategy.
