The very first crypto fund in Switzerland has been successful in securing approval from the Financial Market Supervisory Authority (FINMA). This marks the beginning of a new chapter in Swiss history because there was no crypto fund that was ever available to Swiss consumers until now. The managing company which is going to manage the…
The world, by its very nature, is constantly evolving. If you were to tell someone over a decade ago that Bitcoin (BTC) would become legal tender in any country, you would most likely be laughed at and ridiculed. Well, that is exactly what happened in El Salvador, as its president, Nayib Bukele, went ahead with…
With the progression of technology, the concept of going green has also progressed. Nowadays, business organizations are looking to enforce renewable energy sources. As of this writing, only 26% of the world’s energy comes from green energy resources. However, in the future, this percentage will scale up for sure. In most recent development Green Life…
The biggest achievement for El Salvador this year was none other than the passing and implementation of the Bitcoin law, and making Bitcoin a legalized currency of the country with the status of “national currency”. Yet there were no less than people in El Salvador who doubted their premier’s decision on Bitcoin but once again…
Crypto mining has gained significant popularity since cryptocurrencies have become so much more popular over the past few years. Mining allows people to get their hands on the cryptocurrency without having to spend money buying it at an exchange. Instead, miners pay with processing power instead of actual money. Computers designed to better decipher and…
September has most cryptocurrencies turning bearish. That followed multiple unwelcoming developments, including the intensified clampdown by China. However, different assets witnessed varying actions. Some digital coins plunged during November’s first week and struggling to recover from the crash. Meanwhile, some of them saw smooth moves with slight gains. However, others such as DYDX saw their…
For 26-year-old Cooper Turley, crypto is a full-time job. He’s an advisor and investor who made a feature on Fortune’s NFT issue: 50 most influential people. He turned a five-figure investment in 2017 into a crypto and NFT portfolio worth over a million. According to him, these are the best tools one can use to…
Afghanistan has been experiencing a variety of financial issues for years. Some people believe that the financial crisis was so deep initially that it didn’t seem salvageable at one point. As time passes, however, people are beginning to realize there may be some hope down the line. That being said, this revival could be quite…
Despite reaching levels of well above $46,000, Bitcoin prices took a bearish turn for the worse. Recently, it traded below the $45,500 support levels. As of yet, it’s trading below $45,000 and it looks like the price could drop further. At the same time, many altcoins are moving downwards. For instance Ether was trading below…
Nasdaq, in collaboration with Tiingo and Finnhub, will provide pricing data to DeFi Chain, a Decentralized Finance ecosystem built just on the BTC network. Blockchain-based digital equities had a rocky few quarters in terms of regulation, but it does not appear to have prevented financial system behemoths and decentralized finance proponents from striking new agreements….
Once money started to gain more dynamicity as well as fluidity in stock trading, a large number of people started aligning their financial mindsets towards the patterns and trends of constant changes. Most of you will be well aware of the fact that there are countless updates about the fall and rise of various businesses…
It has been reported that a new stablecoin is soon to be debuted through the Cardano blockchain. The new stablecoin will facilitate the network as a tool that would help run operations on the decentralized finance (DeFi) network. The main reason behind the launch of the new stablecoin is to avoid any transaction fees. It…
Jim Cramer is very much concerned about the near future of global crypto economy as he is expecting it to crash anytime soon. This is why he is urging crypto owners to sell their crypto and take whatever profits they can before it is too late for them to get rid of their virtual assets….
Cryptocurrencies are slowly becoming the hottest topic on everyone’s mind right now, as it has been growing at an incredible pace for quite some time now. Even countries like Switzerland are making the effort to better understand the importance of understanding cryptocurrencies and investing in them. And with the number of investors in the market…
In addition to its already owned 550 Bitcoins, the Government of El Salvador, at the request of President Nayib Okele has made another purchase of Bitcoins. This time 150 more Bitcoins have been brought into the country’s Bitcoin ownership. The third purchase of Bitcoins also comes in the times when Bitcoin is suffering a dip….
These days, more and more celebrity influencers are starring in cryptocurrency advertisements. From Paris Hilton to Kim Kardashian, cryptocurrency developers are using their large fanbases to build trust. However, it’s very dangerous that celebrities, who aren’t experts in investments, are making crypto seem cool. After all, it’s unlikely that their massive followings have an understanding…
Various cryptocurrencies have had quite a difficult past week with incredibly mixed trading. While some cryptocurrencies saw an incredible rise in prices, others fell short by a significant margin as they failed to rally investors. Despite rising by almost 3%, the market is still not doing as well as it did in previous weeks. And…
On the previous weekend, the London fork of Ether was released to the public. The change has significant consequences for digital currency mining pools that had started to adopt miner extractable value services in order to generate income. The Eden Network, an Ether-centric payment protocol, has secured close to $17.4m in its initial financing from…
Currently, Facebook, a company that pays highly for Washington lobbying, is trying to swap the Biden administration. On what? That their upcoming blockchain-based payments project doesn’t put the financial system at risk. Even so, officials are still concerned. Facebook’s efforts to convince officials are running into the same old concerns regulators. This is even though…
An interesting blog post was published by former Bitcoin developer, Gavin Andresen on September 21st. He talked about a potential bitcoin future in the blog post and it outlines a theoretical situation for the network in 2061, where most transactions would not happen on the bitcoin network. In 2010, after Satoshi Nakamoto’s departure from Bitcoin’s…
