For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
Binance has listed Nexon-backed utility token NEXPACE (NXPC), which surged 2,900% shortly after launch
Ethereum’s smart wallet activity has increased significantly since the Pectra upgrade went live on May 7.
Senators Cynthia Lummis and Kirsten Gillibrand anticipate the GENIUS Act for US-based stablecoins could be passed by Memorial Day, May 26.
They reached the final round of one of the most exciting football tournaments with positive momentum increasing around their fan tokens.
Coinbase CEO Brian Armstrong met with Senators Cynthia Lummis and Kirsten Gillibrand on Capitol Hill to push for bipartisan stablecoin legislation.
Ethereum’s value has dropped to $2,567, shedding $13 billion in market cap amid $2.5 billion worth of exchange outflows.
The Ethereum Foundation has launched a new initiative to ensure the network can securely support trillions of dollars in value on-chain.
The SEC has delayed its decision on Grayscale’s Solana ETF to October 2025, continuing its trend of postponing crypto ETF rulings.
The Sui blockchain has seen its total value locked (TVL) soar to $2.19 billion, with lending protocols like NAVI Protocol driving a 78.86% surge in TVL.
Ethereum is gaining serious institutional traction as ETF inflows surge past $13.5 million and whales like Abraxas Capital make bold $500M bets.
Synthetix contributors have proposed to acquire the decentralized options platform Derive to promote perpetual futures strategies.
Ethereum leads the broader crypto market rally with a 9% gain, reaching $2,700, while other altcoins like XRP, Solana, and Dogecoin show 4-10% increases.
UBS’s Amy Lo says wealthy investors are diversifying away from US dollar assets into Bitcoin and gold amid persistent tension between China and the US.
Bitcoin will likely hit a new all-time high, and Strategy will accumulate more BTC soon, speculators on Polymarket expect.
Twenty One Capital has scooped up 4,812 BTC for $458.7 million, as Bitcoin flirts with the $105K mark and retail investor activity upticks.