At least 4,000 asset management firms of Germany have been allowed to invest 20% of the funds for investment in crypto. A landmark initiative was taken to encourage the asset management industry towards the adoption of Bitcoin and other digital assets. Collectively within these four thousand fund managers, the assets under management are worth more…
Cryptocurrency enthusiasts chant that investing in Bitcoin is comparable to investing in gold. In their view, Bitcoin is the digital world’s gold. This has swept gold investors off their feet and gold hoarders are now switching to buying Bitcoin and saving it. Gold has been considered the strongest investment for centuries. This is also the…
There used to be a time when investors, analysts, and influential personalities were able to make a huge difference surrounding an asset. They had the power to make a positive/negative prediction around assets and see the results go in their favor. Then came Bitcoin (BTC) that has landed its mark on the global markets, although…
According to the latest reports, a team from the National Basketball Association (NBA) has formed a new partnership with a cryptocurrency company. The name of the particular team from the NBA is Portland Trail Blazers. With the new partnership, the Portland Trail Blazers have stepped into the cryptocurrency industry for at least five years if…
According to Forbes, Mexico’s third wealthiest billionaire is a Bitcoin supporter. Ricardo Salinas Pliego has done his studies and is ready to show you the way. The billionaire recently revealed that Bitcoin makes up 10% of his assets. Why? Salinas Pliego is aware of a handful of the factors that contribute to Bitcoin’s status as…
It is now a fact that every global sector that belongs to any space has felt the impact and pressure of the pandemic one way or another. When it comes to the sports sector, the football sector is the one that has taken the most amount of hits. No matter how big baseball may become,…
If you had a scale to measure the weirdness of the cryptocurrency world, you would have felt the need to have another scale. The point—the cryptocurrency world continues to surprise the world with each dawning day. Talk about cars mining cryptocurrencies, digital coins based on memes, and whatnot. Talking about meme-based cryptocurrencies, you can’t get…
Coinbase is on a drive to expand its crypto trade services in every region. For the said purpose, a week ago, Coinbase was given permission to provide for crypto trading services in Japan and now permission has been given to Coinbase to render services in Germany where the permission has been duly approved by the…
The two brothers operating the infamous Africrypt exchange have denied the allegations of swindling crypto exchange’s customers. Instead, they have argued through their counsels that they are evident victims of a hack attack and they were the hackers who actually plundered the crypto funds belonging to Africrypt’s customers. They have also alleged that the media…
JPMorgan analysts revealed that Bitcoin (BTC) could still experience an adverse impact on its growth. The analysts further commented about Grayscale’s GBTC sales and how this could be a potential headwind for Bitcoin. The JPMorgan strategists remain reluctant in altering the stance about the potential negative outlook regarding Bitcoin as well as the crypto market…
Stablecoins play a crucial role in the world of cryptocurrencies. These coins are tied to the U.S dollar, and so the value will always be around $1, which makes these tokens useful to rely on for the purposes of trading as well as storing crypto safely whilst waiting for a dip or a way for…
The process requiring crypto exchanges to obtain has already begun in Portugal. Already two of the local crypto exchanges have been granted licenses by the Banco de Portugal – the central bank of Portugal. The responsibility for granting operation licenses, registration, and permits to crypto exchanges was handed over to Portugal’s central bank. The government…
Local press in South Africa noted that some of the country’s financial institutions have to suspend credit card services to those of their customers who were apparently purchasing digital currencies from crypto trading and exchange firms, which are usually foreign firms. A complaint was reported by a credit cardholder of a particular bank that he…
Is there a connection between the WHACKD, a tokenized form of crypto known as ERC20, and the death of the founder of McAfee Enterprises Inc., the deceased John McAfee, as the value of this unorthodox token is surging to a surprising level. Till Friday last week, WHACKD was swapping hands at a value that was…
The National Deputy of Paraguay, Carlitos Rejala, has confirmed that they are planning to discuss the Bitcoin (BTC) legalization in the next month. Similar intentions have been signaled by various Latin American politicians after El Salvador’s advanced step of adopting Bitcoin to be used legally. The list of countries that are most likely to announce…
Law enforcement agencies of Venezuela have initiated an operation of search and seizure against non-licensed crypto miners. During these operations, approximately 400 plus mining machines, particularly relating to Bitcoin, have been seized and taken into custody by military personnel as well as local police. Other than seizures of mining machines and rigs, at least four…
According to the latest reports from Opera, it has announced the integration of the Celo (CELO) network to its cryptocurrency wallet. The worldwide famous browser operator made the announcement about the integration of CELO on Friday, June 25, 2021. In the official announcement, the firm provided more visibility into the matter. The firm revealed that…
According to recent reports, TSB is going to take actions that will prevent its clients from buying crypto from Binance and Kraken because of the abysmal safety standards of the crypto exchanges. Many banks are making it impossible to buy crypto primarily because of fraud and security concerns. TSB is deeply concerned by the high…
Just recently, the two billionaires and tech gurus have found themselves as one of the hottest topics in the cryptocurrency industry. The founder of Twitter and Square, Jack Dorsey is reportedly having an exchange of arguments with the founder of Tesla and SpaceX, Elon Musk. There is currently a heated up conversation taking place between…
It has not long ago when El Salvador had passed a rule about cryptocurrencies. As a result, cryptocurrencies and Bitcoin (BTC) now have legal status in El Salvador. Although it has not been much of a time since that happened, El Salvador has already fast-tracked the adoption of Bitcoin (BTC) and altcoins in the country….
