Cointelligence Blog

Tether has already released the USDT, a digital currency backed by the US dollar, and has recently revealed the EURT, a digital currency backed by the euro. Both the USDT and EURT will be used with the ERC20 standard compatibility.

Ethereum's price has just exceeded the $1,000 mark. Even more, its price reached $1,800 on some South Korean exchanges, namely due to the new policies issued by the South Korean government which support the growing cryptoeconomy. The latest policies could also perhaps have contributed to the high price...

Venezuela is another country choosing to issue a cryptocurrency, as the Venezuelan President has just announced that the country will issue a digital token, called 'petro', that will be backed by the country's oil reserves. Venezuela plans on launching the new tokens in January 2018. Belarus and Estonia...

Ripple's market capital increased by around 4,000% in 2017, and its number of transactions have increased at an exponential rate. However, Ripple’s infrastructure is not strong enough to handle the increase in traffic which it is witnessing during the last couple of months. On December 29th, a number...

All bitcoin debit card providers, including Bitwala, Bitpay, Wirex, and Tenpay, have halted all operations of their issued debit cards. It is important to understand that Wirex, TenX, and Bitwala are just providers of the debit card services. However, the cards are issued by WaveCrest, with the permission...

In a more recent development, Estonia has also announced that it will be starting a e-residency program. This program will be backed by a blockchain-based digital token, called estcoin. Since the introduction of the concept, many miners have showed their support for an initial coin offering for estc...

The new SegWit2x hard fork, SegWIt2x 2.0, team has no relation to the people of the New York Agreement (NYA), who initially decided on performing SegWit2x. The team’s GitHub page is less than a month old and the proclaimed leader of the team has a half empty LinkedIn profile. The team performed the hard...

Bitcoin's scalability problems have become very prominent, as transaction fees have exceeded $37, rising from $2 in October 2017. Even though Bitcoin was developed to facilitate microtransactions, it is currently unsuitable for such forms of payments. Consequently, many merchants have recently decided...

Ripple's price has exceeded $3 and its market capital has exceeded for the first time that of ethereum and bitcoin cash. Ripple's market capital is now the second biggest cryptocurrency market capital, accounting for more than $141 billion. As such, ripple has surpassed bitcoin cash and ethereum in terms...

Throughout 2017, the US Dollar witnessed the worst performance since 2003. Oppositely, decentralized cryptocurrencies, led by bitcoin, flourished prominently during the past year, which reflects the public's heightened interest in the economic model of blockchain based currencies. Some researchers believe...