Since late last year, Bitcoin has gained wider acceptance worldwide after influential individuals and top institutions have joined the community. Many of the beneficiaries of the stimulus package are going to invest the money in Bitcoin. Mike Novogratz made this assertion of GalaxyInvestment Partners. Further, he said that Bitcoin, which is the benchmark for other…
Bitcoin has gained widespread acceptance across the globe due to the surge in the price of the digital asset. Some years ago, some people might not even bother looking at their Bitcoin stash, but now people are more careful not to lose. Even though, like all good investments, there would be proponents and antagonists, Bitcoin…
The latest trend in the crypto space is that many Blockchain protocols and technologies have resorted to expansion to cope with the growing demands of the booming crypto sphere. Many of these blockchain platforms have resorted to the funding of different nature to expand their service. The latest Blockchain platform to receive investment for its…
The growth of the Blockchain space, particularly in the last 12 months, has led many to believe that more innovations could come up in the space. However, Ross Ulbricht, founder of Silk Road, believes that it is quite possible to run a decentralized social media protocol that will provide enough privacy like Silk Road, a…
The success of Bitcoin, the most valuable cryptocurrency in the world, has not eluded many of its friends, who are either Investors, custodians, or affiliates of any nature. The digital asset, which saw its price shed more than $10,000 in one day barely three weeks ago, has shrugged off all the negativity of that period…
The NFT space is growing more profitable than it has ever been, especially since Twitter’s Jack Dorsey sold his first Tweet as an NFT. While this excited the crypto space, some saw this as a new beginning for non-fungible tokens. Non-fungible tokens are unique token types that cannot be exchanged for another token, unlike Bitcoin…
The issue of crypto taxing has been one that has been a source of debate amongst many analysts in the crypto space, with several financial regulators and Tax specialists believing that space is not properly taxed. A report that surfaced from the U.S Library of Congress early in January detailed that only five countries amongst…
Most games across the crypto scale have been able to use blockchain technology to their advantage as the world braces up for more improved technology. Blockchain has been able to help owners and used identify and verify their in-game collections, be it land, cards, or tradeable cards. In this regard, a new game that was…
The one thing that the crypto market has over other markets in the financial system is the zeal always to touch the highest levels. Even though it is determinant on some factors, the assets have been doing well in the last few days. Even though Bitcoin and Ethereum are not where they used to be…
The cryptocurrency space continues to get the attention of many outside the space as its popularity continues to increase. Many technology companies, financial firms, and investment outfits continue to flirt around the space in a bid to get involved in the booming market. However, payment giants- PayPal is one of the few outsiders who have…
The value of the firm’s Bitcoin trust is now lower than the Bitcoin, which is the underlying asset itself, indicating a drastic fall in the Trust’s demand. At present, the Grayscale Trust (GBTC) Trust now trades at -12.0%, contrary to the expectation of trading at a positive premium. One of the possible reasons for the…
Since late last year, the digital asset space has been following the battle between Ripple and US Securities and Exchange Commission. The problems started when the watchdog sued the firm for selling unregistered tokens when the company launched their cross-border token, XRPs. SEC believes that the CEO, Brad Garlinghouse sold the tokens to waive the…
Despite recent drawbacks resulting from its ongoing lawsuit with the Securities and Exchange Commission, Ripple has shown that it is still able to serve both its private and public users. Coming alongside a recent news of the positive movements of the coin, Ripple has announced a new development that would further ensure its dominance in…
The general belief in cryptocurrencies continues to widen across all spheres of life as digital assets continue to become more admired by many. The admiration of these assets, which has been on the rise, has also started to entice government bodies and several financial regulators who have started to debate the adoption of cryptocurrencies publicly….
A new report by Messari has shown that San Francisco-based crypto exchange, Coinbase is now one of the heavyweights of the crypto market after its recent findings. The analysis platform in question, Messari, is regarded as one of the most accurate in the world churning out up-to-date statistics after firms’ statistics. In this new report,…
Even though Bitcoin was designed as a peer-to-peer payments system, it is safe to say the digital asset has ticked more boxes in the financial system than it was designed for. Nowadays, we have seen new firms and investments buying up a huge chunk of the asset as a hedge against inflation or holding it…
There is no doubt that everywhere one looks at, there is an element of crypto or crypto-related activities being carried out. Even though Bitcoin, accompanied by other digital assets, has not been doing well as of late, it is without a doubt that most entities are still major believers in the asset. Bitcoin saw its…
The well-known exchange revealed that it needs more money to start its expansion plans. The expansion plan would help more customers globally get access to the exchange’s services and promote digital asset usage. The use of digital assets is growing at a phenomenal rate, as countries that had not been previously exposed to the blockchain…
Mistakes in the crypto sector as regards transfers of the coin are something that people are advised against. Some months ago, a Reddit user took social media to announce how he mistakenly paid a huge amount for the transfer fee. While that one was something to think about, a man said that he mistakenly sent…
The cryptocurrency space boom has continued to lead many crypto servicing firms into several innovations and product offerings as the market continues to get more popular in public. However, many traditional banks and financial institutions are also not left out, as they have also started to introduce cryptocurrency-tailored services to their offerings. Most of the…
