Blog Posts

Prasos quarterly cryptocurrency market report Q1, 2019

We have published a new market report for the first quarter of 2019 which covers a wide area of topics related to the development of the cryptocurrency industry. The report has been produced in collaboration with DC Research. Institutional investors are showing escalating interest in the industry, with the relative amount of institutional products growing significantly during Q1 2019. The relative trading amount of institutional products grew a lot as well during the first quarter. Download here the full Q1

Continue Reading

Weekly News 19 / 2019 : Bitcoin Broke Through 6 000 Dollar Barrier

Bitcoin has been on the rise for more than a week and just today it managed to break through 6 000 dollar psychological barrier. If this goes on, it seems that the cryptowinter is actually over and we have entered a new period of bull markets. There are also more indications than the price movements that Bitcoin indeed has assumed more speed. Bitcoin miners use more calculating power to the network than almost ever and transactions are nearing record-high levels.

Continue Reading

Weekly news 16/ 2019: Spring winds blow for Bitcoin

There’s a scent of crypto spring in the air. Bitcoin has continued playing in a tight range above 5000 dollars like a ball stuck in a bouncing castle for the past week, but there are signs higher levels may lie ahead. Several reports by analysts indicate the cryptocurrency may be in for a new bullback ride after being mauled by bears for the past winter. As Bitcoin spreads its seeds around the world, so too does the underlying technology as

Continue Reading

Weekly news 15 / 2019: World giants explore crypto and blockchain

The past week has been a bit of a rollercoaster with bitcoin’s course bouncing up and down. The king of cryptocurrencies has managed to hover at its new higher levels without any massive movements to either side, having found somewhat shaky stability around 5000 dollars. While the crypto markets contemplate their next steps, so too are world giants as they explore the possibilities behind crypto and blockchain. The International Monetary Fund and World Bank have launched a joint project to

Continue Reading

Weekly news 14 / 2019: Bitcoin skyrockets to new heights

Well, it’s been quite a week again. Bitcoin has continued its rocketing growth and managed to rise above higher resistances despite some seeming indecision on the markets. Other cryptocurrencies have rallied strongly as well and yielded notable gains with green candles lighting the way for a brighter future. And the future does seem bright for Bitcoin, at least according to a report predicting the cryptocurrency could become the world’s leading payment system within a decade, if it continues it’s current

Continue Reading

Weekly News 13 / 2019 : Bitcoin is Going Strong

It seems that we indeed have reached a new level for bitcoin. Even though the markets have tried to test downwards breaking points for bitcoin, the king of cryptocurrencies has managed to break the negative expectations and return to a path of growth. Some claim that this is just calm before the storm, since in many ways the market patterns mirror those before the bull run of 2017. At least some things might give credibility for that claim. For an

Continue Reading

Bitcoin is better for the environment – not worse

Many articles and blogs have been written to proclaim the death of Bitcoin, and great many of them wish good riddance for it based on environmental concerns. Unjustified extrapolations have been drawn to show alleged exponential growth of the energy demand to run the Bitcoin blockchain, while forgetting the promises of Bitcoin to make the world a better place. I have previously written on the topic of trustlessness and its benefits, but one of the commonly overlooked qualities of Bitcoin

Continue Reading

Chinese authorities: EOS, Tron and Ethereum are the most potential cryptocurrencies

We recently wrote about a new scoring system added to the Coinmarketcap service. It is, however, not the only notable source to publish scorings about cryptocurrencies. The government of China also observes the development of cryptocurrencies and scores them in order accordingly.  The Center for Information and Industry Development (CCID), working under the Ministry of Industry and Information Technology in China, regularly publishes estimates about the prospects of different cryptocurrency projects. The scoring system somewhat reminds of Coinmarketcap’s similar system

Continue Reading

Bitcoin’s share of the whole cryptocurrency market slightly over 50 percent

Through the existence of cryptocurrencies, the value of bitcoin has been superior compared to others. When altcoins raised faster than bitcoin during the 2017 rollercoaster, bitcoin’s position among cryptocurrencies was at its weakest and Ethereum showed potential to grow bigger by total market value. Nevertheless this scenario didn’t come true as Ethereum’s rise stalled and afterwards bitcoin made a strong rise. Ethereum’s share of the whole market was 31 percent, when at the same time bitcoin’s share was 38 percent.

Continue Reading

Changes in the management of Prasos, we have a new CEO

The new Chief Executive Officer of Prasos Ltd will be Heidi Hurskainen with a strong background in banking and finance technology. The current CEO Henry Brade will become Executive Vice President and focus on his role as chairman of the board. Henry Brade, a founding member of Prasos Ltd, has been CEO of the company since the very beginning. The growth strategy of the company has evolved along the years, and the board felt it was the right time to

Continue Reading

Site Footer