GameStop’s drama is finished, yet it might flag enormous changes ahead for the economics. Here’s the reason why some financial experts think DeFi will take over conventional finance. Back in 2008, a relief fund in the name of a bank bailout was established to stabilize the currency. Due to the financial crisis, the US government […]
A recent report by Globes publication regarding Altshuler Shaham, an Israeli investment house, has focused its attention on the massive amount of profits that the firm has been able to generate in just one year from Bitcoin investment. Altshuler Shaham is one of the largest investment houses in Israel. CEO and co-founder of Gilad Altshuler […]
Although Bitcoin’s supply is at its lowest, the leading cryptocurrency is still managing to evolve to institutional currency from the netherworld currency. Bitcoin, being a leading cryptocurrency globally, is facing supply crises and deficits for the past two to three years. Despite these things, it recently managed to recover in the market from 49,000 dollars […]
The Indian government is reportedly said to reconsider its previous proposed ban on cryptocurrencies and all related transactions. This has led to its Ministry of Finance making inquiries regarding the issue. The development is believed that it was ignited after the Supreme Court rejected the ban set up by India’s central bank. This was the […]
In his latest interview, Clem Chambers, a technology entrepreneur and the first CEO of Pioneer blockchain technology in the UK, said he first encountered cryptocurrency in 2014 in the books such as “The First Horseman” and “The Armageddon Trade.” He said that he dived into it because the technology was looking impressive, and he also […]
Recent information shows that Coinbase will soon be hitting a milestone in the direct listing. This has generated much excitement among crypto enthusiasts and investors. Crypto enthusiasts are eagerly awaiting the “Amazon moment” for their precious cryptocurrencies. The direct listing of Coinbase is bound to make it to the history books soon, as it is […]
As the FCA continues to maintain its ban on the crypto-derivatives, the widely known crypto services provider, Bybit, has decided to stop working for every customer residing in the United Kingdom. Bybit dropped an official message for its UK-based customers that they should withdraw their funds by March 31, 2021. The platform has decided to […]
Bitcoin has for long had a firm grip on Cardano (ADA), but recent findings reveal that it’s now history as Cardano has broken free. Just in case you are unfamiliar with the term and left wondering, Cardano (ADA) is a digital asset, very much like Bitcoin or any other crypto. However, Cardano breaking free from […]
Ripple is stepping forward to respond to the petitions filed by the Securities and Exchange Commission (SEC) of the United States. The blockchain company has submitted its formal statement against the amended lawsuit filed by the SEC. They have claimed in their statement that they were not distributing or selling any XRP as a contract […]
China expands the initiative of DCEP to Chengdu, making the future of WeChat Pay and Alipay brightened. This trial is foreseen as the biggest trial in the digital yuan testing phase. Liu Xiaochun told Caijing, the Beijing magazine, that the Chinese Bank is confidently issuing the digital yuan. This is due to its positive outcomes […]
Five Bitcoin worth $243,153 were sent from a particular BTC address to a confirmed scam address which is associated with the totally fake website of Elon Musk. You have most likely seen many fraudulent tweets or watched several scam video streams generally related to a fake VIP account. For instance, they ask to invest one BTC […]
Bitfarms, one of the oldest and biggest cryptocurrency mining companies, has disclosed their agreement with MicroBT, a Chinese mining rig company, to buy 48,000 Miners. Plan to Increase Hash Rate This decision was in accordance with the company’s growth plan to increase their hashing rate from 1.18 EH/s. The company had earlier announced its plans […]
Finally, after days of worries and massive price drops, Bitcoin was able to reclaim its seat in the 50k+ tier today. This has led to an overall increase of the crypto market’s cap and has added about 200 billion in it within the last two days. It is not only the Bitcoin that was able […]
So many nations around the world are still not sure of what step to take as regards cryptocurrencies. India falls in this pool of countries as the Indian government has publicly come out to express their rejection and ban on the trade of cryptocurrencies. The ban is traced to the fears the government is entertaining […]
The volatility of the world’s most famous cryptocurrency, Bitcoin, has been one that has garnered attention for so long. Everyone seems to be monitoring the price changes in order to guide them on when to sell or hold their investment. A Bitcoin sales overview for December recorded the sales of a high amount of Bitcoin. […]
The cryptocurrency world is a very competitive one. With more and more cryptocurrencies being created, there seems to be a quiet competition in rank and market value. Several cryptocurrencies have risen in price, and Cardano’s ADA has increased to a new high as well. On February 26, Cardano’s ADA is seen to have risen to […]
Sorare is a game based blockchain technology as it relies on Ethereum blockchain for its transactions. The fantasy game of soccer has raised a humongous sum of $50 million. The huge sum has brought their total funding to $60 million. The reason behind the instant jump to $50 million was the fresh series A round […]
Charlie Munger’s stance against Bitcoin has not changed one bit. The American investor has always been a big critic of the leading cryptocurrency since the start. Munger has not bothered investing in the leading crypto and has always advised investors to follow suit. His recent claims on Bitcoin have also been the talk of the […]
Bitcoin’s price plummeted below $50,000, causing mass liquidations and panic in the crypto market. Currently, Bitcoin stands at $48,317 with a market cap of about $900 billion. Meanwhile, some traders believe the market to be bullish despite the price fall. Why did Liquidations Happen? For the past few months, the crypto market and Bitcoin was […]
Bitcoin Drops by $7,000 in Minutes Bitcoin dropped as low as $47,400 in today’s trading session. Bitcoin boosted to $58,312 on Sunday, after which it dropped by $7,000 in minutes, and the market cap reduced and fell below 1 Trillion. But the price of the leading crypto bounced back to cross the $50K mark yet […]
