Author: Patrick Durand

Is It Safe To Use Bitcoin?

Patrick Durand

Is it risk-free to utilize Bitcoin? Can you rely on a decentralized computer network with your money? Most individuals still deal with Bitcoin as a mythical pandora box which contains burglars, money launderers, scammers, terrorists, other people of the worst kind. However, outside the realm myths as well as dream, such statements are totally false as well as misleading. Hundreds of developers develop the Bitcoin network everyday, and mainly for free in their leisure, as it is an open-source community-driven job standing for personal liberty as well as financial inclusion.…

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Charles Edwards: BTC Could Shoot Up with Banks’ Help

Patrick Durand

Charles Edwards – the digital asset manager at Capriole – says the price of bitcoin could easily shoot up to $20,000 if U.S. banks put in at least one percent of their assets into crypto. This may be asking much from banks, but one percent, for the most part, isn’t much, and it looks like interest in bitcoin has been increasing over the past several months between both retailers and institutional players alike, so perhaps the figure he’s suggesting isn’t that out of place. On Twitter, Edwards stated: If U.S. banks put just one…

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Bitcoin Core 0.20.0 Launched: What’s New

Patrick Durand

Today marks the main release of Bitcoin Core 0.20.0, the 20th substantial release of Bitcoin’s original software client launched by Satoshi Nakamoto over 11 years earlier. Handled by Bitcoin Core lead maintainer Wladimir van der Laan, this most current considerable release was developed by over 100 consider a duration of about 6 months. The result of more than 500 combined pull demands, Bitcoin Core 0.20.0 mainly tidies up and strengthens the Bitcoin Core codebase, advances hardware wallet combination, enhances network reliability and includes a number of other improvements.Here are a…

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Tether dominance grows as market cap tops $10 billion

Patrick Durand

The market capitalisation of Tether, now the world’s largest USD-pegged stablecoin, has surpassed $10 billion to make it the third largest cryptocurrency in circulation Tether has risen above $10 billion in market capitalisation as the most liquid stablecoin continues to enjoy rapid growth. It is now the third largest cryptocurrency in circulation after leapfrogging XRP, which has a respectable market cap of $8.8 billion. But Tether’s journey to the figurative has not come without controversy, with fraught banking relationships leading to speculation of insolvency in 2018. The University of Texas then implied…

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Bakkt Hasn’t Experienced Any BTC Options Trading Since Mid-June

Patrick Durand

It has been roughly one year since the institutional crypto trading platform came about, and one honestly wonders what it’s contributed to the space, especially when examining the latest trading figures the platform has been experiencing. For more than a month, bitcoin options have not been traded via the platform, and since June 15 of this year, the numbers for Bakkt have been stuck at a big fat zero. To a degree, one could potentially argue that institutional investors are still struggling to retain a positive image of cryptocurrencies, though this…

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Financial Companies Like Visa Are Seeing Digital Assets in a More Positive Light

Patrick Durand

It looks like payment companies such as Visa, Mastercard and PayPal are singing a different – and more positive – tune when it comes to cryptocurrencies. Companies Like Visa Are Having a Change of Heart In the past, said companies and cryptocurrencies haven’t always gotten along. The reasons are wide and varied, with a big one being that many digital assets have not earned the trust that other payment platforms have received. For example, credits cards have arguably proven themselves over the years. They have replaced cash in a sense and provide…

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