In the daily trading session of December 22, the price value of Bitcoin has claimed a high point of $623,600 over crypto trading sites. As per the claim of financial experts, the coming US Coronavirus stimulus package is the major reason for pushing the price value upward over the daily trading timeframe. The market condition […]

The former governor of China’s central bank claims that China has no plan to replace fiat currencies as it will facilitate Chinese consumers in cross-border payments. As reported by the South China Morning Post, former governor of People’s Bank of China, Zhou Xiaochuan, China’s digital yuan is not created to take place of the world’s […]

Giant investment company Guggenheim Partners is the latest Wallet Street firm to invest in Bitcoin. Guggenheim, the firm having $270 billion under its management, will allocate more than $500 million in the world’s leading digital asset. Filing with SEC In its latest filing in the Securities and Exchange Commission (SEC), the giant asset manager will […]

To target ETF-inspired Bitcoin customers in Europe and Asia, VanEck Europe has launched an ETF-like Bitcoin product. The product is known as ETN which has a slight difference from ETF. In 2019, VanEck attempted many times to register a Bitcoin exchange-traded product with the United States Securities and Exchange Commission, but the US authority did […]

According to Brad Garlinghouse, CEO of Ripple, XRP could serve its purpose in the best way when the central banks will roll out their respective central bank digital currencies. It is the need of the hour that central banks across the world will have to onboard themselves over digital evolution, which is happening right now. […]

Fidelity Digital Assets Services tries to hit high-net Asian investors after making a partnership with Stack Funds, an investment platform for digital assets. According to the partnership between both recognized investment firms, Singapore-based Stack Funds will expand the cryptocurrency custody services of Fidelity to the big investors based in Asia. The Demand for Digital Assets […]