Coinbase, as a crypto exchange operator, has just revealed that it is holding bitcoins and other crypto-assets since 2012 as an investment on its balance sheet. In a recent blog post, Coinbase, a United States crypto exchange operator has revealed, that crypto-assets like bitcoin BTC has been a major source of corporate treasury and investment…
Though the concept of cryptocurrency was present even in the 19th century, however, it came into being only in 2009. However, the need to have cryptocurrency only increased when the world was faced with the financial crisis in 2008. The impacts of the crisis were so severe that the economies of all the countries were…
The growing fortunes of Bitcoin continue to headline all the discussions of the cryptocurrency market. The cryptocurrency is the most popular and the largest by market capitalization amongst every other digital asset, as it boasts $1 trillion of the overall $2 trillion worth of the cryptocurrency market. The cryptocurrency, which had witnessed several ATH price…
Newly-rebranded Ethereum scaling company Matic Network now known as Polygon, has announced a partnership with Chainlink made earlier this month, focusing on using its functionalities to improve Crypto games. This new multi-chain system will enable tools that can prove to be beneficial for blockchain-based game developers to implement new techniques and in-game features into their…
In recent times, Bitcoin’s astonishing value hike to a huge $1 trillion has left many people shocked and surprised since Bitcoin’s price rose up by 350% and reached its all-time high of about $58k before plummeting back to less than $50k on Monday. Bank of Boston’s President has shown his utter surprise at the success…
Bitcoin’s number one rival cryptocurrencyEthereum (ETH) manages to break its past records at the end of last week. US’s largest bank, JPMorgan is of the view that there is an alarming reduction in Bitcoin’s liquidity from the market. Says that the rally might be upset because reduced liquidity may challenge Bitcoin’s surge. It has been…
Apparently, tweets matter a lot when it comes to the World Richest Person. There is no doubt that Billionaire Entrepreneur Elon Musk is showing a great deal of support for the meme-based cryptocurrency $DOGE. Multiple tweets in support of the coin have definitely kept its candle lit, pushing the digital currency above the 0.05$ level…
At the start of this month, Elon Musk’s giant e-car company, Tesla, invested in Bitcoin and officially joined the cryptocurrency market. It is argued by Wedbush Securities that Tesla managed to earn over $1 billion as a result of the investment. This is shocking, to say the least, considering that this revenue was generated in…
Sapcex’s/Tesla CEO, Elon Musk, has re-clarified his viewpoint regarding Bitcoin after big-time gold fan, Peter Schiff’s criticism of Bitcoin. Says that those who are holding Bitcoin are less dumb than those who are stacking cash. Elon Musk is one of those entrepreneurs who is held in high esteem within the global crypto community. He has…
The early days for Bitcoin were not as bright as now for the cryptocurrency, which continues to see a rise in value every day. Unfortunately, the critics of the cryptocurrency, coupled with the struggling growth of the overall Blockchain space, Bitcoin’s development did not come so fast. With the price of the cryptocurrency now around…
For the next few decades, the condition in the globe will be confusing following the issuance of national digital currency or digital currencies by the Central Bank. We must now continue to pursue a solution. CBDCs Need A System In Multiple Formats The latest developments can no longer be shrugged aside by the conventional finance…
As per the latest reports, the price of Ravencoin (RVN) has rocketed ever since the beginning of February 2021. The sudden surge in the price of the token was caused by the high volumes of token purchases that its platform experienced. This has helped the price of the token to shoot through the charts and…
Many analysts and critics have shared their contrary opinions on the growing institutional adoption of Bitcoin, as analysts believe that the growing adoption of the cryptocurrency is will positively affect its price value and should be encouraged for the growth of the digital assets and the cryptocurrency market in general. Unfortunately, critics believe that the…
Last year in December, the globally renowned American footballer Russel Okung told his fans that he would be paid 50% of his salary in the form of Bitcoin. Okung unknowingly made the smart choice at that time as the National Football League (NFL) has just revised pay grades for its players and increased their annual…
Bitcoin continues to be the most talked-about crypto asset by many and all affiliated with the cryptocurrency market. The rising fortunes of the assets have also coincided with the growing institutional and wide stream adoption of the assets by all. Several traditional financial services firms like banks and many FinTech organizations have also begun to…
Adoriasoft, a renowned blockchain development firm, released a completely new SDK which would make Cosmos chains a bigger powerhouse than it already is. Cosmos chain could be established on Polkadot using the Cosmos SDK Parachain Development Kit, which would allow Cosmos Projects to be operated in interoperable networks. The consequences of this prospect are very…
The allegations of crypto being used for funding illicit activities such as money laundering are long associated with the crypto industry. However, a new theory which was highlighted in a news item suggested that there is a group of brokers on whose behest such laundering activities take place. Although handful, yet these crypto traders have…
In a recent effort to avoid paying rising gas fees, Harmony had decided to establish a relationship with Ethereum, much to its delight. This bridge was constructed in order to ensure that transactions can be processed in chains (which the segments are broken up into) and to also enable the parallel storage of data. Although…
Ever since Bitcoin was created by pseudonymous founder, Satoshi Nakamoto, both public and private entities have been making a case for different digital assets over the years. In a new update that was made available by Reflexer Labs yesterday, the firm announced that it launched a new stablecoin on the Ethereum blockchain. In the update…
The Regulator of Companies and Organizations in the US namely Securities & Exchange Commission (SEC) hasn’t taken any notice yet, but experts are saying Tesla violated rules of corporate governance. The problem noted is the conflict of interest as a board member approving Bitcoin investment was also a key member of two widely known crypto…
