Future

Blockchain-friendly Switzerland bears the name of Crypto Nation for a reason. It has become an undisputed giant leader in the international digital asset and blockchain space, and the Swiss are expected to be the worldwide cryptocurrency pioneers for at least the near future.

A lot of cryptocurrency users, especially new investors have been scammed left right and center to invest their funds in fake projects related to digital currencies. There is an ongoing cryptocurrency project called “The Billion Coin” that has or continues to milk massive profits from innocent investors.

Cryptocurrency hub Kick Ecosystem has launched its new exchange, KickEX. Licensed and regulated in the European Union, the exchange specialises in advanced trading features suitable for both beginners and professionals.

The first Cryptocurrency, Bitcoin, was introduced about a decade ago alongside blockchain technology. Both innovations have the disruptive potential for the digitization of many industries in the future within the coming decade.

Since May 24, Bitcoin dropped to $8,669 and resumed fluctuation between $8,600 and $9,000. For the past four days neither the bulls nor the bears have taken advantage of the recent breakdown.

The Bitcoin halving draws nearer as it is expected to take place in just under two weeks, and the expectations for price increases among several cryptocurrency investors are extremely high, though the uncertainty of the current market might push it into a negative sentiment.

Companies including Microsoft, IBM and Google, race to come up with cheap and effective mining solutions to improve its cost and energy efficiency. Lots of fuss has been made around quantum computing and its potential for mining. Now, the time has come for a new solution - mining with the help of human body activity.

Recently, computer security researchers revealed that a new flaw in Intel’s SGX exposes sensitive user data to cyber criminals. The flaw in the Intel Software Guard eXtension poses a risk to cryptocurrency users can not be patched leaving users at a very high risk of losing their funds.

Dynamics within the global energy markets could define the future of Bitcoin and other cryptocurrencies, not specifically in terms of Demand and Supply. There are ongoing wars within the oil industry largely orchestrated by the fightings between major oil producing countries.