CEO of Galaxy Digital, Billionaire Mike Novogratz, has started to show his interest in Cardano (ADA), which currently sits at position 4 of the top cryptocurrencies in the world. In a recent tweet on March 9th, Mike Novogratz asked his huge follower base about details on Cardano (ADA), inquiring about the number of users, reasoning…
Exchange-traded fund (ETF) issuers in the US have been creative in their attempts to avoid attention of the Securities & Exchange Commission of the US (SEC). Escape is sought because of strict stance of SEC over crypto and crypto related by-products. There is always something going on in between crypto, ETF issuers and the SEC…
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…
President Clinton’s former advisor and the New York Fed’s ex-board member, Glenn Hutchins, states that the core of crypto assets is a lot more useful for the consumer than gold. Why cryptocurrencies can easily surpass gold in value Glenn Hutchins is the co-founder of Silverlake, an investor and North Island’s chairman. He also used to…
Digital currencies’ adoption at the levels of global financial institutions is growing on fast pace basis. A German financial institution has decided to host crypto custodial services One of the oldest German financial institutions called Donner & Reuschel (D&R) has decided to introduce crypto custodial services. The news was duly reported in the German local…
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 Chinese photo application by the name of Meitu had recently sent shockwaves in the world of digital trading when it invested $22 million into Ethereum. It also became the inaugural public company to successfully list Ethereum on its respective treasury books. This is all part of the company’s new investment and marketing strategy, and…
A large number of blockchain companies are seeking to obtain finances from traditional sources rather than opting for crowdfunding which was done when blockchain hype inculcated in the past. A majority of blockchain companies have been witnessed seeking financial assistance from traditional sources. However, in the past, when the blockchain hype surged, financial assistance 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…
Famous Digital Art Collecting organization Lil Moon Rockets has sold around 8,300 NFTs in just around two weeks. Binance Smart Chain is working together with Little Moon Rockets to run this sale using Binance’s own coin BNB, which is turning out to be quite a success. Every single one of the nearly 8300 pieces sold…
George Ball, Sanders Morris Harris’s Chairman, endorses “Bitcoin as hedge” theory and says in modern times, Bitcoin is the need of the hour. Also appreciates investors who are bringing crypto assets to their investment portfolios. The team of Yahoo Finance paid a visit to Sanders Morris Harris’s Chairman, George Ball, at his home last week….
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…
A crypto fraudster finally receives his sentence at a very young age as he ends up in prison for serving 8 years. Pleaded guilty before the US Court and admitted his offence of committing fraud and perjury by launching Ponzi initial coin offering scheme. Sohrab Sharma – a founder of bogus crypto trade platform called…
One of the famous billionaires of the world, Mark Cuban, who is also a known celebrity from a TV show called Shark Tank, thinks that given the present circumstances Bitcoin is superior to Gold. Cuban mocked known golf fanatic, Peter Schiff by suggesting that the days of gold are over and it is time for…
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…
Bitcoin and Ethereum whales have recently been getting ready for a revived cryptocurrency market rally, grabbing the maximum amount of each crypto asset’s overall supply as they can before costs increase close to the future. Santiment praises Bitcoin, says its value will increase Crypto analytics firm Santiment, which is also Bitcoin’s largest holder, had stated…
The infamous Plan B which developed Bitcoin variable program called “stock-to-flow” or which is widely also known as “S2F”, suggests that Bitcoin is going to elevate above the S2F model. Says that the value of Bitcoin will increase by at least 26% till the end of 2021 making it US$ 288,000 per coin. S2F is…
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…
Bitfarms, a Canadian crypto mining company known to be one of the world’s biggest mining operations in the world, is now hiring more than 48,000 new cryptocurrency miners in a time span of 2 years. The company seeks to expand its crypto mining workforce, seeking a larger and much efficient crypto yield. In order to…
