The $1.5 Billion Investment in the Bitcoin market of Tesla was believed to have come at a perfect time for the electric auto manufacturer. China had revealed that five agencies would be questioning the issues around the safety and quality of Tesla products about the time that the company announced its huge stake in the…
Cordoba’s Provincial Assembly has accepted the crypto taxation bill presented to it and immediately passed it for implementation. Cordoba has now become the first province of Argentina to levy and collect taxes in respect of crypto-related transactions. Now the investors, crypto owners, and retail traders as well as crypto exchanges, have all been brought under…
Ever since institutional buyers joined the crypto industries, many people push for more prominent investors to hasten the sector’s adoption and expand the market. One of the world’s biggest tech companies, Tesla, invested $1.5 billion into the digital asset industry recently, linked to new changes coming into the sector. The firm’s purchase led to the…
With the start of 2021, Craig Wright, who purports to be the inventor of Bitcoin, Satoshi Nakamoto, used his attorney to issue legal notices to multiple websites asking them to immediately remove printed copies of Bitcoin White Paper. Cobra who is the proprietor of bitcoin.org alleged on 31st January 2020 that he was harassed and…
The recent social influencing of one cryptocurrency ahead of the other has become rampant these days. From Twitter CEO Jack Dorsey and Microstrategy Micheal Saylor endorsing Bitcoin To Elon Musk tweeting about Dogecoin, the noise-making is beginning to garner people’s interest. In a new report surfacing on the internet, Americans are starting to be more…
The United States-based cross-border blockchain tech-focused payments company Ripple has issued its latest report on XRP Markets and has shared data regarding the growth of XRP sales. The Over-the-Counter (OTC) sales of XRP surged high to touch the sky. Not only XRP sales rose up, but the trading volumes of the coin also increased to…
Since early 2020, the decentralized financing industry has gained enormous attention and adoption from investors. The decentralized finance (DeFi) industry has brought in a lot of cutting-edge innovation and high yielding opportunities. These opportunities provided by the DeFi industry are very lucrative and profitable for cryptocurrency holders. However, with the amount of adoption and growth…
Trading Bitcoin is now seen as the perfect investment for all and sundry in the financial market. Even though the digital asset has endured volatility in recent years, it has still delivered when it comes to bringing back profits to its investors and traders. Adding one to its list of investors, Bill Miller’s investment trust…
According to the recent reports, Sweet has announced its partnership with Bitcoin.com. The announcement around the partnership between the firms has emerged on February 4, 2021. The firms have announced that the partnership between the firms would see the launch of a Non-Fungible Token (NFT). It has been reported that the Non-Fungible Token (NFT) being…
The cryptocurrency community as a whole expects that they had passed the stone age. The stone age referred to the early development of the growing industry when it tried to gain acceptance and bypass several stringent regulations in several European countries and particularly Asian countries. However, those times have seemed to be behind the booming…
Aave has seen a massive jump in the crypto market to claim a total rise of 50% in the last few days. This recent rise is coming off the back of a recent market rise witnessed in the decentralized finance sector. Investors in the sector are now moving in to invest in tokens and coins…
Is Win Chargeback Scam? As more and more first-time traders throng to online platforms in search of lucrative opportunities, it’s easy to see how the number of online traders has grown substantially. However, this is a double-edged sword, because with the ease of access comes the risk of falling for dangerous scams. To make matters…
Manta has generated a massive amount of cash in its latest fundraising round. According to the company’s announcement on Tuesday, $1.1 million was received from participating customers and investors. The PolyChain Capital and Hypersphere were the top donators. Other companies who mainly participated in the fundraising process include Three Arrows Capital, Defiance Capital,Multicoin Capital, Alameda…
Grayscale Investments, the leading digital assets management firm has reported its record-breaking quarter of the year 2020 in which it has seen a massive inflow of cryptocurrency investments. The crypto assets manager has published recently its quarterly report according to which the third quarter of 2020 had been the best-ever quarter for Grayscale. Over $1…
The blockchain analytics company intotheblock has shared new on-chain data which states that the Bitcoin blockchain network now has 31.94 million wallet addresses with a BTC balance. The company also revealed that a vast majority of these Bitcoin addresses are currently in profit. The number of BTC wallet addresses on the bitcoin blockchain network has…
The number of Bitcoin (BTC) locked on the Ethereum blockchain continues to increase after it hit the $1 billion figure. According to the metrics site Dune Analytics, there is now almost an amount of $1.5 billion worth of Bitcoin locked on Ethereum. These are not the actual Bitcoins rather synthetic Bitcoin that have been converted…
As the price value of the top cryptocurrency Bitcoin (BTC) has surged during the last 24 hours, the BTC miners to exchange flow have also skyrocketed. According to the recent data provided by the blockchain analytics firm Glassnode, the Bitcoin (BTC) miners to exchange flow has increased significantly by approximately 216 percent within the duration…
The hash rate of the Bitcoin (BTC) network has surged high to record a new all-time high. According to data provided by on-chain market intelligence firm Glassnode, the Bitcoin hash rate has reached 170 exahashes per second which is the highest ever level in history that the Bitcoin network has touched. Meanwhile, the price value…
Cashaa, an online banking firm based in London is expanding its banking services to India as it has revealed its plans to roll out a bank in India. Known as Cashaa India, this neo bank, or in other words internet bank will be cryptocurrency-friendly and will provide banking services to users of digital currency residing…
The United Kingdom’s financial watchdog the Financial Conduct Authority (FCA) conducted a survey one year before it imposed a ban on the sale of cryptocurrency derivatives for retail customers in the United Kingdom. 97 percent of the Survey’s total respondents opposed this decision of banning digital currency derivatives sales. This idea was proposed by the…
