The International Monetary Fund finally opens up on its concerns regarding El Salvador’s step to accept bitcoins as legal tender. There is not much swept under the carpet here. El Salvador’s decision was appreciated by the crypto community all across the globe….
Mike McGlone is a well-known commodity strategist who has been associated with Bloomberg for many years. McGlone recently expressed his expert opinion on the direction of the Bitcoin market. According to him, Bitcoin has a better chance of resetting at $60K rather…
Uniswap has managed to become a popular DEX (decentralized exchange) in the crypto industry, despite its flaws and shortcomings. The development firm which is largely responsible for its success, Uniswap Labs, recently announced this past Friday that it should be cutting off…
As per the latest reports, another basketball team has joined the much-adopted blockchain-based platform known as Socios. Socios has gained tremendous growth and adoption in the sports sector for creating and launching tokenized coins. These tokens are for the fans and enthusiasts…
As per the latest reports, MicroStrategy has made a vow that it is going to continue with its activities of purchasing Bitcoin (BTC). The mobile software and business intelligence firm has announced that it is going to continue buying more and more…
As per the latest reports, a new decentralized exchange (DEX) platform has been launched by Karura. Karura is reportedly the network that was launched by the Acala protocol. According to sources, the name of the new platform is Karura Swap. As per…
The government of South Korea has proposed an amendment to its tax code for allowing the tax authority in the country to seize and sell crypto that belongs to delinquent taxpayers. A government official said that the revision will enable direct seizing,…
Bitcoin surged 12% earlier on Monday, recording another high at $39,230. For now, the leading crypto attempts to break from a price zone that held it for about two months. Keep in mind that Bitcoin has traded in the $30,000 to $40,000…
This week is a big one for the tech industry, with some prominent companies to post their earnings report for the second quarter of 2021. The list includes Tesla, which is scheduled to do so after market hours on Monday. Investors are…
Convenience store chain Circle K in a press release announced to install multiple bitcoin ATMs in the stores. The statement was made after an agreement has been signed between both parties. The installation of new ATMs will be an addition to already…
A common similarity between the more traditional markets and that of crypto is that of the ‘extreme fear’ which seems to show itself every now and then. Most recently, this level of fear has been exhibited by numerous investors regarding Bitcoin (BTC)’s…
The new Bitcoin tender law introduced by the regime of one Nayib Bukele may be appreciated by some Salvadorians located near the Playa El Zonte beach, but a number of other citizens don’t feel the same way about it. As per the…
Although BTC (Bitcoin) is generally considered to be a stock of value by many people, a portion of the customers around the world may be thinking differently. It has been shown by the recent data that up to 46M people intend to…
The reporter allegedly claimed that Virgil Griffith is likely to spend two months in jail, as his case will be put forward to court for hearing in September. The Ethereum developer is accused of violating the security protocols of his bail and…
JPMorgan Chase is among those institutions that were so stiff and not caving in when the idea of cryptocurrencies first came into the market. There were those who didn’t appreciate nor acknowledged the digital financial revolution, but some of them are now…
There was a time when China was the main player when it came to crypto mining and especially Bitcoin mining due to the cheap availability of modern hardware and cost-effective electricity. China was the very center of Bitcoin mining. But all of…
Texas becomes the third U.S state to launch a crackdown against BlockFi. Even though regulatory authority is coming in, BlockFi’s plan to go legal remain unmoved. The recent crackdown will restrict BlockFi from offering interest account. Texas state regulatory authority declared BlockFi’s…
Di Lorio of the co-founders of Eethereum made headlines. His comments spread like fire and created chaos. In his recent interview, he told Bloomberg about his plans to exit the crypto market for good. This news came hard on the heels of…
Bitcoin network has acquired the latest all-time high node count for another time with having nearly half the number of all the nodes operating on Tor (a browser specifically manufactured for surfing the decentralized websites). The amount of the network nodes of…
For a long time, crypto is regarded as the asset class commodity rather than perceived as the payment method. However, this year has seen massive developments. As the result, new trends have emerged, crypto tokens are now accepted as a mode of…
