cryptodoyen

Canadian City of Calgary Launches Local Digital Currency

Calgary, a city in the Canadian province of Alberta, has launched its own digital currency. According to HuffPost Canada, the Calgary Dollar was initially launched in 1996, with citizens and businesses offering goods and services in exchange for the local currency alongside the Canadian dollar. This new move in 2018 allows citizens to download an app and store the digital currency on their…

BTC taking the lead on december

The prices of all cryptocurrencies were struggling against the USD. The saga started when the Bitcoin Cash Fork war started and the value of BTC fell from above $6000 to $3300 within a few days. Yesterday, the price of Bitcoin and other cryptocurrencies reported significant gains against the USD. Bitcoin took a spike above $4,202 carrying the entire cryptocurrency market along. This may be a good…

BTC can never be most valuable?

Bitcoin (BTC) is actually the pioneer cryptocurrency, many people think that it will maintain its dominance over a longer period of time. Recently, it has been pretty volatile. The downside potential is pretty significant as well. But goldon the other hand, the volatility in gold is also on the lower side. The performance of Bitcoin (BTC) in the last one month itself, it is fallen by 37%. For any…

The ambiguous Bitcoin Bubble

The fact that the Bitcoin price has been crashing for the past month has led some people to have some hilarious reactions. From rage-quitting crypto-trading and investing to astonishing doomsday predictions, it’s really fun to sit back and watch all madness. However, I feel like it’s also my duty to step in and calm things down for a second. Honestly, this “crypto-bubble”you’re tired of hearing…

Mike Novogratz talks pessimistically about Bitcoin

Mike Novogratz, ex-Goldman Sachs  partner and founder of Galaxy Digital, has said that he expects cryptocurrency to “flip next year” in an interviewed and published  by Financial Times (FT) Nov. 23. During the interview, Novogratz said that “this year has been challenging” for Galaxy Digital –  a company that he hopes will become “the Goldman Sachs of crypto” – adding that “it sucks to build a…

Cory Johnson praises XRP

Ripple Inc has experienced considerable growth in 2018. Its recognition not only by institutions but also on a domestic level is quite remarkable, and day by day the community of XRP enthusiasts and followers seems to be stronger and more prominent. According to Cory Johnson, Ripple’s Chief strategist, the reason for Ripple’spopularity is much more than just a propaganda operation. In a recent…