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.
Coinbase Premium Index has shown that American Bitcoin buyers are in the sideline ahead of the US CPI data release.
On-chain data shows whale investors have not been aggressively withdrawing Bitcoin from centralized exchanges amid low supply from OTC markets.
As Cardano whales continue to acquire more, the short-term pullback nears conclusion. However, the broader market remains volatile. Will ADA price swim against the crypto market tides for a breakout rally?
Sonic (S) is trading 2% up in the past day as it total value lock (TVL) hit a new all-time high at $350 million.
World Liberty Financial has launched a token reserve to invest in major cryptocurrencies and is in talks with financial institutions to expand its asset base.
Ethereum price struggles at $2,600, but ETF inflows and whale accumulation could signal a bullish breakout.
The US SEC has started the official countdown for Solana ETF application from Canary Capital.
Plume’s partnership with Superstate enables users to mint tokenized funds on-chain, leveraging compliance, interoperability, and real-world asset integrations.
CEO Amar Kuchinad says the platform will provide secure, transparent, and flexible lending solutions while reducing the risk of overleveraged losses before they spread.
Despite their increasing influence, non-bank financial entities remain less regulated than traditional banks, leaving regulators with limited visibility into the full extent of potential risks.
Fed Chair Powell ruled out a US CBDC under his tenure, backing the Trump administration’s push for stablecoins over digital fiat.
TON integrates with LayerZero to enhance cross-chain liquidity, enabling seamless asset transfers, improved developer tools, and broader blockchain interoperability.
As Bitcoin lost the $97,000 price level, a whopping 110,000 traders were liquidated with $180 million being wiped off in the past day.
Uniswap’s Layer-2 solution Unichain is finally launched on the mainnet.
Tether’s strategic investment in Zengo wallet boosts stablecoin adoption, enabling seamless transactions and secure self-custody for global users.