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.
FTX Token (FTT) briefly surged following a tweet from imprisoned founder Sam Bankman-Fried, while his parents seek a presidential pardon for him.
Crypto market crash adds fuel to the growing token unlock fear among Solana holders. Solana (SOL) price crashed under $150 and warned of a plunge to $100 as Bitcoin hangs at $90K support.
Bitcoin’s failed breakout above $98k has led to a significant 3% price drop, with the wider crypto market following suit as total market cap decreased by 6% to $3.1 trillion.
Rezolve Ai has unveiled a Bitcoin treasury strategy with more than $1 billion set to be deployed to but the coin.
Time.fun’s latest move comes after a trial deployment on the Base network last year, which, by the company’s standards, was largely successful.
RealNOI has launched a blockchain platform for tokenizing rental income, built using Chintai’s RWA tokenization technology, offering investors access to $570 million in rental income with expected returns exceeding 5%.
Michael Saylor is pushing the SEC task force to establish a regulatory framework for crypto, including the creation of a strategic reserve.
The stablecoins has now joined Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple’s XRP, and Toncoin (TON) in Dubai’s approved list of tradable cryptocurrencies.
With more pro-crypto policy shifts in the market, Citadel Securities is making move to enter the industry.
As Bitcoin slipped below $95.5k on Monday, Chainlink followed with a 7% decline, testing crucial support at $16. Despite decreased whale activity, LINK maintains strong development metrics.
DekaBank launches crypto services for institutions after regulatory approval, joining other German banks in expanding digital asset offerings and adoption.
Bernstein’s research team led by Gautam Chhugani forecasts a cooling in memecoin activity as market focus redirects to utility-focused tokens in DeFi, gaming, and NFTs sectors.
Nexo has secured a strategic partnership with Mexico’s Acapulco Tennis Open, bringing digital asset exposure to tennis fans while advancing the company’s 2025 regional expansion plans.
Bittensor (TAO) turned bullish while the broader market struggle to make higher highs as Bitcoin failed to close above key levels.
YZi Labs makes its first strategic AI investment through the Vana blockchain, with Binance co-founder Changpeng Zhao coming aboard as an advisor to help navigate the global AI and blockchain landscape.