JPMorgan to Offer Bitcoin Fund
Wall Street is inching ever closer to welcoming Bitcoin with open arms. Prices for the cryptocurrency giant continue to rise, which is making more and more financial experts pay attention. JPMorgan Chase & Co. is the latest to make a move toward offering a Bitcoin investment fund. JPMorgan Chase has not officially announced the fund. […]
Turkish Authority Detained Multiple Suspects on VeBitcoin Investigation
Relevant authorities already detained at least four people to investigate the Vebitcoin’s closure. The authority managed to block all the onshore bank accounts to support its activity. Vebitcoin, a Turkey-based cryptocurrency exchange platform, announced complete closure on Friday. It allegedly faces the accusation of severe financial strains of halting the online crypto service. It claimed […]
CumRocket Cryptocurrency Soars by 634% in Market Value within One Single Day
CumRocket (CUMMIES), a less-known cryptocurrency managed to hold its increase in market value. In fact, the price surges by an astounding 634% in a single day. CoinMarketCap reports its current market capitalization to surpass a $140MM milestone. The somewhat uncensored-like project stands to provide an NFT (Non-Fungible Tokens) marketplace. And the platform exclusively targets the […]
Interpol Issued Warrant on the CEO of Turkish Crypto Platform on $2BN Fraud
Thodex, a Turkey-based crypto platform just went offline to initiate a temporary closure. The company claimed to address abnormal fluctuations in its user accounts. Its founder, Faruk Fatih Ozer is reportedly missing with about $2BN crypto revenue. The incident left Thodex’s more than 391,000 active users defrauded. It’s indeed the very first large-scale cryptocurrency fraud […]
Completely New Crypto Token Elongate Pledges $1MM to Numerous Charities
Elongate, a new cryptocurrency, promises more than $1MM in monetary donations to various charities. It implied individual donations in the charity parties, a series of weekly live streams. Elongate seems like one fast-rising cryptocurrency token to enter the market 3 weeks ago. The name originated from Elon Musk’s Tweeter joke in March 2021. And it […]
Proposed US Tax Plan Prompts Massive Crypto Downfall to Vanquish $200BN
The US President Joe Biden revealed a plan to increase the capital gains tax for wealthy Americans. And the comments immediately intensified the volatility of crypto-assets in the market. It led to a massive downfall of almost all major digital currencies. “Total downfall in the crypto market occurred overnight” (Credit – Brandsynario) A wave of […]
Dogecoin slumps after a record high on Doge Day
The cryptocurrency that emerged as sort of a joke is now gaining mainstream popularity and momentum in the financial markets. Dogecoin has become the talk of the cryptocurrency community as it rocketed by more than 500% since the start of April. The spike in the price of Dogecoin has been truly astonishing in recent times. […]
The UK Sets Ground-Breaking Rules to Resolve Legal Blockchain & Crypto Disputes
Almost recently published Digital Dispute Resolution Rules by the UK aims at solving legal disputes effectively. And it primarily relates digital technology to support faster solutions. Not to mention, the adoption of the technology may concern different aspects. The intended technology covers crypto assets, blockchain applications, smart contracts & business confidence. “Difficulty in resolving disputes […]
Baillie Gifford Backs Cryptocurrency with a $100MM investment in Blockchain.com
Baillie Gifford, a prominent asset management firm, announced an investment of a hundred million dollars in Blockchain.com. Edinburgh’s Baillie Gifford remains a big name in the tech industry for years. The 110-year old firm features an honorable track record of investing in technical projects. It backed up establishments like Amazon, Google, Airbnb, Tesla, Alibaba & […]
HashCash Holds the Top Position in the Blockchain Development Industry
HashCash remains one global blockchain organization to deliver industry-standard tech services. And it manages to keep up the 1st position within the current blockchain ecosystem. It’s a well-reputed global software company that offers tech solutions. The applicable extent covers blockchain, AI (Artificial Intelligence), Big Data & IoT (Internet of Things). A versatile combination of products, […]
Wild Surging Session of Dogecoin Follows a Slump in the Market
The market value of the meme-based crypto Dogecoin fell on Tuesday, after some wild surging days. The digital token already hit a record, forecasting a possible crypto bubble in May/June. The digital currency already managed to hit a record peak to break previous records. In fact, its market cap soared to more than $50BN at […]
Caruso Partners With Gemini for Introducing Blockchain to Real Estate Industry
Caruso Properties opts to revolutionize the real estate business by accepting digital currency. Its partnership with Gemini allows the clients to use bitcoin for payments. In fact, the payments cover both residential and retail properties. Caruso is one of the largest real estate companies to operate in the USA. It already managed to set an […]
Elongate Enters the Market to Become a Reality of Elon Musk’s Joke
Every single tweet from the tech billionaire, Elon Musk, seems to possess definitive meaning. The words many times led to capital gain or fall, holding a prophetic influence. Even his jokes can set the bell to ring for new technical platforms/ideas. He also keeps tweeting about major cryptocurrencies like bitcoin & his personal favorite, Dogecoin. […]
Possible Crackdown Reports Massive Weekend Downfall in Crypto Market
Almost all major cryptocurrencies keep experiencing a heavy decline in their market prices. It includes – Bitcoin (BTC-USD), Ethereum (ETH-USD), Dogecoin (DOGE-USD) & Litecoin (LTC-USD). And Sunday checked the largest intraday downfall in cryptocurrency value. Bitcoin value went down by 19.5% from its peak which hit a $64,800 record last week. The current price dropped […]
Blockchain Enthusiasts Have Suggestions to Avoid Crypto Trading Losses
Crypto trading explicitly includes the risks of losses following deprivation of expected profits. And the outcome appears devastating, no thanks to the bullish momentum of digital currencies. However, incorrect risk assessment with an inappropriate trading strategy ends up causing a headache. Risk remains an integral part of crypto trading since the start. And many investors […]
Dubai Announces Expansion of Blockchain-Based KYC for Financial Institutions
Dubai’s economic department is looking forward to expanding its current blockchain-based KYC support. The announcement on KYC (Know Your Customer/Client) explicitly features financial institutions operating in Dubai. ‘Know Your Customer’ is an essential element of DED financial service for verification of new clients. And using blockchain-based KYC enables a noticeably faster, secure, simple & efficient […]
Ethereum Transaction Fee Increases within High Crypto Demand
The average cost of the transaction using Ethereum crypto hit $24.74 on Friday. It’s the highest amount to occur since February 13. That day observed an average cost of $39.49 at the peak point. This high transaction fee clearly depicts the extended amount of activity on Ethereum. The incident takes place the day after Ethereum’s […]
Blockchain.com Considers a Public Listing After Coinbase Success
Blockchain.com decides to weigh its IPO (Initial Public Offerings) like several other crypto platforms. It follows the successful navigation of Coinbase’s trip to the public market earlier this week. Blockchain.com is a London-based financial service company that provides crypto wallets. The clients can use the wallets to send, manage & receive popular cryptocurrencies. However, the […]
Turkish Ban on Crypto Assets Triggers a Downfall in Bitcoin Price
The central bank of Turkey bans the utilization of all sorts of crypto assets. Therefore, cryptocurrencies can no longer purchase any services & goods. It denotes possible ‘irreparable’ damage with severe transaction risks. Bitcoin market value went down by 3% to $61,490 following its banishment in Turkey. “Turkey bans all crypto-assets for payment” (Source – […]
Is Blockchain Getting Any Easier to Overcome Its Technical Hurdles?
Despite occupying the top tech trending position, blockchain still faces certain difficulties. Its absolute technicality holds back many interested parties. And multiple platforms seem notably clunkier than common mainstream platforms. Even many professional or experienced developers find the technical sector somewhat daunting. Building decentralized apps (dApps) for the technology is yet to become simple & […]
PayPal Anticipates a Massive Transaction Success of Its Crypto Checkout Service
The recent initiation of the ‘Crypto Checkout Service’ helps the current PayPal users to buy, store & sell cryptocurrency. The facility explicitly encourages bitcoin transactions directly from the user accounts. And by introducing this service, another international company acknowledges the future of cryptocurrency. “PayPal’s Crypto Checkout Service holds multiple cryptocurrencies” (Source – The Verge) USA-based […]
PwC Predicts $962BN Contribution to Global GDP by Blockchain in the Next Decade
An elaborate PwC (PricewaterhouseCoopers) study on blockchain just revealed the possibility of a US$962BN contribution to global GDP. The actual capability of blockchain to track provenance will be a part of this contribution by the next decade. Here’s how. One particular benefit of using blockchain lies in its capability of tracing the origins. Again, its […]
Bullish Momentum of Chain Link Cryptocurrency Rises in DLC Index
Chainlink (LINK) crypto hits an all-time high value of $42.08 on Wednesday. Its bullish momentum held an astounding 41.15% with the current volatility of 29.06%. And thanks to the constant rise in the last 2 weeks, the cryptocurrency surpasses its previous peak of 34.63$ from Feb 20, 2021. LINK managed to trade at $40.02 at the […]
Bitcoin Association Jobs Board Assists in Finding Blockchain Jobs
Blockchain remains high in demand for the entirety of 2020 and the following 2021. In fact, the sector keeps growing faster to occupy the first position of tech trend. And it directly keeps influencing the entire sector to make rapid developments. Therefore, the demand for blockchain talent reaches a whole new level. It concerns good […]
Coinbase Share Soars to Value $86BN on Stock Exchange Debut
Coinbase, a major cryptocurrency company, already set history with its first public listing. And its market debut on Wednesday experienced a skyrocketing value. It explicitly revealed the investors’ desperate interest in digital/virtual currency. “Coinbase announces to go public through direct listing” (Credit-Coindesk) Nasdaq already set a $250 reference price for every share on Tuesday. Not […]
Inside DogeCoin: Currently Trending Cryptocurrency From A Simple Meme
DogeCoin is sure to hit the news feed to troll the absolute insanity of cryptocurrency. And it recently set new history by possessing 11.5 cents in value. It’s the first time that this “meme-currency” hits the double-digit mark. The market cap of DogeCoin currently holds over $14BN in value. Its startup as an internet joke […]
Blockchain Technology Firm ConsenSys Announced $65M Raise
ConsenSys Software Inc. just declared a notable $65M new funding from the investors. J.P. Morgan, Mastercard, UBS Group AG, Protocol Labs, Fenbushi are some of the big names involved in this bulky investment. Alameda Research, SNZ Holding, Maker Foundation, LAO, CMT Digital, NGC Ventures, Quotidian Ventures have also been some of the biggest contributors to the […]
Coinbase Sets for Historic Listing of the Cryptocurrency Platform
“Coinbase to enlist 50 currencies remain the largest crypto company in the US” Cryptocurrency platforms are yet to gain the trust of consecutive investors and regulators. But Coinbase, the largest cryptocurrency exchange in the US, decides to go public. And by doing so, it sets history by introducing cryptocurrency for interested parties. It’s the first […]
Bitcoin nears 60K threshold again after March 13th,2021
After a month of ups and downs, Bitcoin finally nears $60K again. Recovering from the falling trend throughout the entire March, the last few weeks have seen a promising rise in the exchange rate curve. Currently, BTC is owning the profits and it could go well above $61,000 except that it doesn’t come across a […]