Bitcoin is not only a popular source of hedging for institutional investors, but it has started to emerge in the retail markets offering better utility. The consumers of the famous food chain restaurants would be able to use Bitcoin as a mode for payment for placing meal orders. According to a new interview broadcasted on […]
According to various traders and analysts worldwide, the Bitcoin bull run is finally over, and the current price of Bitcoin and the imposition of the taxes by Biden’s government indicate this fact. It could be just like the deception people have adopted around cryptocurrencies that sooner or later these are destined to fail, maybe this […]
For the time being, the total crypto market cap stands at $2.2 trillion. While the flagship cryptocurrency hit an ATH of $64,500 at the beginning of the ongoing month, the share of Bitcoin in the total evaluation contributed to about 51% of the entire market cap. However, followed by a sudden, unprecedented drop, the Bitcoin […]
China’s stance on Bitcoin remained very strict. The country’s government had imposed a ban on the use of Bitcoin and other altcoins in 2017. But the recent statement showed the positive attitude of the central bank of China. The deputy governor of the People’s Bank of China said that Bitcoin could serve as a form […]
AXA, the largest insurance firm in Switzerland, has revealed that its clients can now make use of Bitcoin as a means to remit their insurance payments. With this move, AXA is the first insurance firm in Switzerland to allow consumers to pay for its services via cryptocurrency. This decision was stimulated by the partnership with […]
It is amazing how the dialogue and commentary about Bitcoin keep changing. Bitcoin has become so popular these days that many brands and institutions are associating with it just to bask a few moments in the limelight. The high-pitched host of popular CNBC TV segment MAD Money, Jim Cramer, has once again caught the eye […]
Turkey is known for booming business and tech-oriented opportunities and landscape, but when it came to digital currency, especially Bitcoin, it got banned right away. Turkey’s newly appointed central bank governor has issued the statement that any type of cryptocurrency will be banned to use from now on. Bitcoin appears to be caught in the […]
The Bitcoin rush is far from over, and with new companies and financial candidates taking their place on the Blockchain, the revolution might not stop until the decentralized economy is as convenient and common as the centralized fiat money. PayPal’s CEO, Dan Schulman, did unveil a new service in the PayPal app that goes like […]
Yet another blockchain enterprise has gone under the radar of the Securities and Exchange Commission of the United States (SEC). LBRY Inc. is a blockchain-based and decentralized file sharing and payment network. The blockchain-based service is unique in a manner that it allows the users to get access to social media content, streaming services, and […]
Bitcoin’s increasing price value is one of the leading reasons why people are focusing more on other cryptocurrency alternatives, says the representative of People’s Bank of China. There is no country more advance than China when it comes to developing a digital currency such as CBDC, formally known as Central Bank Digital Currency. After carrying […]
Cardano is a third-generation blockchain with a market capitalization of $38.14 billion at the moment. The ADA token that is associated with the Cardano blockchain is not only active in the top 10 cryptocurrencies but is also going to be unleashed in the Asian and African markets pretty soon. The association of ADA with big […]
An unfortunate iPhone owner has reportedly raised allegations against popular American multinational technology company Apple Inc. after losing almost all of his life savings. However, the complainant has relayed to the public that he fell for a scam on his iPhone while trying to make the best use of Apple’s most cherished application collection- the […]
A prominent crypto analyst Willo Woo did share some of his thoughts regarding Bitcoin and how the time is not far when we get to see one more jump made by crypto towards an all-time high price point. According to the analyst, around $778 million got liquidated in turns of March 30; as proposed by […]
Tyler Winklevoss, an Oxford Graduate and Olympic athlete, becomes the centre of attention in the crypto circles after his tweet favouring the leading cryptocurrency. Winklevoss’s advocacy has been enticed by the volatile remarks of Ray Dalio about the clash of interest between central governments and BTC. In his recent tweet, Winklevoss stated that the time […]
ARK Invest is an asset management company based in the USA founded by Cathie Wood in 2014. In Feb 2021, the company’s assets under management stood at $50 billion. In a recent interview with a major crypto tabloid, Cathie Wood points towards the much expected and highly anticipated Bitcoin breakthrough out of the $1 trillion […]
The Bitcoin HODlers are showing great resilience under the pretext that the market keeps depreciating in the ongoing week. In the span of the last 42-66 hours, there has been massive movement seen on the retail wallets on all major crypto exchanges. According to reports, a sizable amount of Bitcoin from individual investors that have […]
The recent appreciation of Bitcoin shows the potential of digital assets to gain momentum against all odds. The flagship cryptocurrency that was once considered a hot air balloon is currently valued at several thousand times higher than the US Dollar. A growth and appreciation at this scale have started to capture the attention of the […]
NTS, the tax agency of Korea, apprehended individuals implicated in the tax evasion scandal aided with crypto assets. On one side, the adoption trend of Bitcoin and other cryptocurrencies has been tremendously increasing every day, but on the other side of the coin, people in Korea are also using virtual assets to evade taxes. According […]
A report by the major investment bank Of Germany, Deutsche Bank, has been making headlines in cryptoverse. French Analyst and Economist Marion Laboure, who is associated with the Deutsche Bank, has published an inciting report about Bitcoin. In her report, she has addressed Bitcoin as a major influence on the financial markets. She further added […]
It has become kind of a hide-and-seek play as the price of Bitcoin falling so desperately within hours in a single day and then rebounding once again to a closer all-time high margin. After scaling yet another accomplishment by trading at $61k, Bitcoin took some retraction to $60k, and the following day it did drop […]
