Bitcoin Smashes $50000 Right After MicroStrategy’s $600 million Announcement

MicroStrategy is a company that provides business intelligence, mobile software, and cloud-based services to its users. But it has another domain of business that it deals in, which is cryptocurrency. The trend to purchase cryptocurrency such as Bitcoin is on the rise, and this means if you want to become a potential buyer, you must […]

Market Overview: Crypto Poised to Become a Mainstream Industry

This weak cryptocurrency has reached new milestones, such as claiming a $1.5 trillion global crypto market cap. Uniswap, the largest decentralized crypto exchange, becomes the first DEX platform to process $100 billion in cumulative trading volume. Bitcoin to Reach $50,000 On Monday, the leading digital asset dropped below $46,000 but soon recovered above $48,000. Currently, […]

New Milestone: Uniswap has Processed $100 Billion Cumulative Trading Volume

Leading decentralized crypto exchange Uniswap achieves another milestone as its cumulative volume has touched the mark of $100 billion. The rise of decentralized exchanges has challenged centralized exchanges in volume and users as people want no intervention from a third party. Users want full control of their accounts and wallets and do not want a […]

Morgan Stanley’s $150 Billion Investment Arm will Likely Invest in Bitcoin

The investment arm of Morgan Stanley, known as Counterpoint Global, considers adding Bitcoin to its potential assets and companies’ list. The entry of th$150 billion entity would expand the investment sphere of Bitcoin. Counterpoint Global As reported by Bloomberg, Morgan Stanley’s unit, Counterpoint Global, is planning to introduce Bitcoin to investors. However, Counterpoint Global needs […]

Central Bank of the Kyrgyz Republic is Planning to Regulate Crypto Exchanges

The national bank of Kyrgyz Republic (NBKR) wants to diminish the risk of losing money by giving licenses to cryptocurrency exchanges in the country. The initiative of the central bank will provide security and protection to investors regarding crypto investment. Exchanges will Get Licenses According to Tolkunbek Abdygulov, the chairman of National Bank of the […]

Bloomberg Strategists: Bitcoin will Claim $50,000 in the Short-term

As compared to gold, Bitcoin has a lot of potential to grow, according to Bloomberg strategists. Over the last few years, crypto-inspired people have said that Bitcoin would overturn gold in the long-term. Bloomberg’s strategists have compared the top digital currency with the gold-based exchange-traded funds (ETFs). As a result of the comparison, the strategists […]

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