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Bitcoin trading platforms note increase in trade volume, amid new Bitcoin run

On Monday, the price of Bitcoin broke through the $10,500 to $11K range, which caught many people unaware. Unarguably, the uptrend has also influenced the activities of the entire Bitcoin industry. Many prominent Bitcoin trading platforms for Futures and Spot products have gained more trading volume, amid the recent performance of Bitcoin. Bakkt sees more …

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Banks can push Bitcoin price to says Charles Edwards

Banks can push Bitcoin price to $20,000, says Charles Edwards

The stagnation in Bitcoin prices around 10K levels has the crypto community worried. Now, Charles Edwards of Capriole says that the next push may very well come from the traditional banks. Capriole’s digital asset manager says that Bitcoin price can double from current levels if conventional banks merely hold at least one percent of their assets …

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Bitcoin Suisse raises M in Series A funding round

Bitcoin Suisse raises $48.9M in Series A funding round

Cryptocurrency broker Bitcoin Suisse has raised $48.6 million in a Series A funding round. Swiss cryptocurrency service company Bitcoin Suisse concluded a financing round raising 45 million Swiss francs (approximately $48.9M). With the latest funding, the company’s market value has reached 302.5 million CHF ($328 million). According to the firm’s CEO, the newly raised funds …

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Californian man to plead guilty for exchanging $25M in illegal Bitcoin business

A man from California will plead guilty to the charges against him for operating an illegal Bitcoin business. It was said that he exchanged about $25 million in Bitcoin, through cryptocurrency ATMs and in-person transactions. Most of the money laundered was proceeds from criminal activities, the US Department of Justice (DOJ) noted.  $25M exchange via …

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Bitcoin P P trading hits all time highs with India in the lead

Bitcoin P2P trading hits all-time highs with India in the lead

A recent Twitter post shared by a crypto enthusiast has thrown light on the Bitcoin P2P trading volume statistics from last week. The six countries that come out at the top are India with $3.4 million trading volume, Ghana with $1.7 million, closely followed by the Philippines and Argentina with $1 million each and Mexico …

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south africa

Largest South Africa crypto exchange to explore derivatives trading with $3.4M fundraise

Leading South Africa crypto exchange, VALR has raised a significant amount of capital to expand its services to the digital currencies investors/traders in the country. This could also be seen as a strategic move by the exchange to establish a prominent presence across Africa, as crypto adoption continues to grow in the continent.  South Africa …

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Crypto ad ban policy of Google Twitter and Facebook faces Australian lawsuit

Crypto ad ban policy of Google, Twitter, and Facebook faces Australian lawsuit

The regressive crypto ad ban policy followed by American technology firms, including Facebook, Twitter, and Google, is set to be challenged in a court of law. According to the case filed by JPB Liberty, the crypto plaintiffs have sought the lifting if this arbitrary crypto ad ban imposed by tech companies. The class-action legal battle …

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John McAfee calls bitcoin an ancient technology

John McAfee calls bitcoin an ancient technology

John McAfee, a controversial businessman, and programmer criticized Bitcoin as an “old, tired, worthless coin.” prior, John McAfee had predicted that bitcoin would go on to hit $1 million. John McAfee, who is very well known for making controversial statements, has once again spoken out against the leading cryptocurrency bitcoin. In a tweet, John McAfee …

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Beijing plans to become the world s blockchain hub

Beijing plans to become the world’s blockchain hub

The local government of China’s capital Beijing published a 145-page report displaying its plans to become the world’s blockchain hub since 2022. The Blockchain Innovation Development Action Plan 2020-2022 aims to boost the blockchain technology and integrate it into city governance. In consonance to the document, China’s officials expect the capital to turn into an …

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