Archives for bitcoin - Page 2
In recent news, Tesla’s CEO, Elon Musk, went public with a tweet that hailed a first proper step in integrating cryptocurrency into our daily life. Announcing it where he could get the most traction from all the generations together, his tweet called out for interested buyers to pay for Tesla’s electric vehicles in bitcoin. But…
The post Why Bitcoin Makes It Hard To Purchase Tesla Vehicles appeared first on Analytics India Magazine.
Non-Fungible Tokens (NFTs) have been capturing the headlines lately, with artists like pop star Grimes and EDM producer 3LAU raking in millions of dollars from selling their works linked with these crypto tokens. NFTs entered the market in 2017 as part of ‘crypto kitties‘, a blockchain game using digital cat collectables. However, in October last…
The post NFTs – Industry Shaker Or Speculative Bubble? appeared first on Analytics India Magazine.
Budget 2021: Government To Ban Private Cryptocurrency, RBI Introduces Official Digital Currency
With the likely scenario of India’s government banning private cryptocurrencies, the Reserve Bank of India (RBI) is planning to introduce an official digital currency for the country. The government is all set to introduce a Cryptocurrency and Regulation of Official Digital Currency Bill that will create a ban on the private cryptocurrencies in India. In…
The post Budget 2021: Government To Ban Private Cryptocurrency, RBI Introduces Official Digital Currency appeared first on Analytics India Magazine.
One of the largest independent publicly-traded business intelligence companies, MicroStrategy Incorporated has announced that the company has purchased an additional approximately 29,646 bitcoins for approximately $650.0 million in cash. According to a blog post, the purchase was done in accordance with its Treasury Reserve Policy, at an average price of approximately $21,925 per bitcoin, inclusive…
The post MicroStrategy Buys More Than $1 Billion Bitcoin In 2020 appeared first on Analytics India Magazine.
Often hackers and web criminals use cryptocurrency due to its pseudonymous nature. Law enforcement, government and investigation agencies now have access to specialised analytics tools that can scan otherwise hard to track the trail of transactional data on public blockchains. Blockchain analytics makes it possible to follow who is buying what and paying for which…
The post Top Blockchain Analytics Companies And What They Do appeared first on Analytics India Magazine.
Blockchain is one of the trending topics in the area of research. According to reports, the global blockchain technology market was valued at $710 million in 2017, and is projected to reach $ 128,802.1 million by 2027, exhibiting a CAGR of 66.2% over the forecast period (2019-2027). Blockchain plays a significant role in certain areas…
The post Top 10 Free Resources To Learn Blockchain appeared first on Analytics India Magazine.
While many stock market pundits have doubted whether stocks and Bitcoin have any correlation at all, others have said the value of two asset classes is very much correlated during panicky moments. One event that has shocked Bitcoin investors and enthusiasts in the past week is the sudden crash of the value, in sync with…
The post Why Is Bitcoin And The Stock Market Correlated At This Moment? appeared first on Analytics India Magazine.
Sanjay Dhotre, Minister of State for Electronics and IT said, “Blockchain technology (in India) is one of the important research areas having application potential in different domains such as governance, banking and finance, cybersecurity and so on.” The IT Services sector in India has been booming and is expected to hit $14.2 billion valuations by…
The post Top 7 Blockchain Developments In India: 2019 appeared first on Analytics India Magazine.
Blockchain Analytics: How To Use Bitcoin & Ethereum Transactional Data For Actionable Insights
On a blockchain, two parties can make an immutable and irreversible transaction that is for all time recorded on the ledger to be verified by anyone who likes. As one of the most influential tech investors, Marc Andreessen states the outcome of this technological breakthrough is difficult to exaggerate. The most popular utilisation of blockchain…
The post Blockchain Analytics: How To Use Bitcoin & Ethereum Transactional Data For Actionable Insights appeared first on Analytics India Magazine.
Blockchain Analytics: How To Use Bitcoin & Ethereum Transactional Data For Actionable Insights
On a blockchain, two parties can make an immutable and irreversible transaction that is for all time recorded on the ledger to be verified by anyone who likes. As one of the most influential tech investors, Marc Andreessen states the outcome of this technological breakthrough is difficult to exaggerate. The most popular utilisation of blockchain…
The post Blockchain Analytics: How To Use Bitcoin & Ethereum Transactional Data For Actionable Insights appeared first on Analytics India Magazine.