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.
A prominent crypto analyst forecasted that XRP will skyrocket to the $77.7 price tag as it jumped 20% in 24 hours.
Argo Blockchain, a leading crypto miner witnesses a sharp surge in demand with a new funding loan of $40M. Will this loan reshape the growth trajectory of Argo blockchain with new mergers and acquisitions?
BNB Chain is implementing significant upgrades to Binance Smart Chain to handle increasing meme coin activity, including transaction throughput improvements and a $4.4 million liquidity program.
Crypto.com’s native token Cronos (CRO) jumped 40% following plans to establish a Cronos Strategic Reserve by reversing a previous 70 billion token burn, with 86.81% of votes currently supporting the proposal.
Football icon Ronaldinho’s new STAR10 cryptocurrency promises exclusive fan experiences, but security experts have identified risks including initial burn functions and suspicious wallet activity.
Global cryptocurrency exchange-traded products (ETPs) saw $2.9 billion in outflows last week led by Bitcoin, totaling over $3.8 billion across three weeks.
Binance announced plans to delist all non-MiCA compliant stablecoins for European Economic Area users by March 31, 2025, directing customers to switch to compliant alternatives like USDC and EURI.
Berachain (BERA), one of the quickly rising layer-1 projects in the crypto space, suffers a rumor-based volatility. With speculations of a token unlock coming in Berachain, the investors turn anxious. However, the network remains strong amid growing rumors.
Bitcoin surged 8% on Monday, fueled by Trump’s crypto reserve announcement, with analysts viewing it as a good buying opportunity.
Cardano (ADA) shot up almost 50% in the past 24 hours after US President Donald Trump announced US crypto reserves.
Solana marks a quick recovery with a fresh breeze of recovery and a sentimental shift for the altcoin. The SOL price bounces off from $135 to reach the $180 supply zone. Will this recovery drive Solana beyond $200?
Bybit’s Ethereum cold wallet was compromised on February 21, resulting in a $1.46 billion theft linked to North Korea’s state-sponsored Lazarus Group, adding to their multibillion-dollar crypto crime spree.
Despite Bitcoin’s recent volatility, institutional confidence remains strong with Standard Chartered projecting a $500K target. Meanwhile, North Korean hackers executed the largest crypto theft in history and the SEC ended its Uniswap investigation.
March brings Ethereum’s Pectra upgrade to Sepolia testnet, Humans.ai’s H1uman launch, major crypto conferences in Europe, and significant token unlocks that could influence market dynamics.
Patrick McHenry transitions to the private sector as Vice Chairman at Ondo Finance, where he’ll leverage his congressional experience in cryptocurrency to guide policy matters for the blockchain company.