The US stock market has done this only twice in 227 years – Will Bitcoin follow?
The US stock market history has many financial lessons up its sleeves, provided the right investor is willing to study keenly. Every historical chart, with a sufficiently larger timeframe, shows valuable teachings. One such interesting finding has been unearthed by Professor Emeritus Edward McQuarrie of the Leavey School of Business at Santa Clara. In his […]
How will Bitcoin react to a record 30% surge in US GDP
The US GDP figures for the third quarter will be released next week, and a historical rise of 31.8 percent is all set to surprise investors. Even though it will too late to impact the 2020 Presidential election, the data will definitely affect the stock markets and cryptocurrencies. The latest US economy scorecard is unprecedented […]
DOJ Cybercrime Taskforce hopes to increase regulation of cryptocurrency platforms
DOJ publishes 83-page report detailing plan regulate cryptocurrency usage DOJ already seizing crypto accounts used by hackers and charging crypto exchanges with fraud DOJ Cybercrime Taskforce hopes to increase regulation of cryptocurrency platforms Since 2010, the line between traditional financial crime and cybercrime has grown increasingly blurry – a problem compounded by the advent of […]
US election expected to determine Bitcoin success, according to investor survey
Bitcoin investors confess their greatest fears are around the US election Survey participants also said eyes were also on stock market performance Bitcoin has been regarded by some investors during the crisis as a ‘safe-haven asset’ Numerous market factors have influenced Bitcoin’s price over time. Following the announcement of a global pandemic in March, the […]
Federal Reserve Chair looking into the benefits of digital currencies
U.S. Federal Reserve Chair Jerome Powell has indicated a willingness for the Federal Reserve to start issuing digital currencies. Powell indicated that the Federal Bank issuance of the digital currency was a work in progress, indicating that they had already taken initial steps into researching the project and how it would impact the US economy. […]
Two US agribusiness joins blockchain venture to streamline operations in Brazil
Grains and oilseeds companies partners to boost operations in Brazil. The blockchain platform is expected to debut by next year. Agricultural is one other sector where blockchain technology is steadily harnessed to improve business operations in the farms. Many agribusiness companies are using technology today to boost food supply chain tracking as well. Today, several […]
Coinbase CCO, Jeff Horowitz is about to exit the crypto exchange
Coinbase CCO is leaving the cryptocurrency exchange. The exchange lost some of its employees recently, following a controversial post from the CEO. Recently, the US-based cryptocurrency exchange, Coinbase, had seen many of its employees leave the company, which reportedly stemmed from the controversial post by Brian Armstrong, the CEO of Coinbase. Today, reports hold that […]
Swipe now supports Samsung Pay for its Visa cardholders in US
Swipe enables support for Samsung Pay for its US users. This follows the official launching of its Visa Card for US customers except those in NY. Swipe Wallet, a leading digital currency wallet and card payment application, has stepped up its already-existing partnership with Samsung’s payment application dubbed ‘Samsung Pay.’ Following recent information shared by […]
Crypto donation: US presidential candidate, Jo Jorgensen opens for donation in Bitcoin
US presidential candidate Jo Jorgensen now accepts crypto donations. Jorgensen admits to having a pro-crypto policy. Politicians are another set of prominent figures taking cryptocurrency to mainstream awareness and adoption. In the recent time, a United States politician, Andrew Yang, disclosed he was open to accepting crypto donations for his campaign. However, he later stepped […]
PwC: Blockchain can boost global economy by over $1 trillion in 2030
PwC says Blockchain technology can generate the world up to $1 Trillion in the next decade. China could see the most economic boost from the technology. Unarguably, Blockchain technology is proving to be useful across different sectors of the economy, aside from being the underlying technology for digital currencies. Over the years, the technology has […]
Ripple may move its headquarters from US, Larsen reveals
Speaking at the LA Blockchain Summit, the co-founder and chairman of Ripple, Chris Larsen, disclosed today that they are considering moving their headquarters out of the United States. Larsen blamed the stiff regulatory stance of the country’s authorities concerning digital currencies as well as the companies dealing with them. Possibly, the Blockchain company may be […]
Gemini exchange announces support for Uniswap (UNI), and others
Gemini, a United States cryptocurrency exchange and custody platform, has joined other exchanges like Coinbase to enable trading support for decentralized finance (DeFi) tokens. In addition to trading, the Gemini exchange is topping the game by announcing custody support for most of the popular DeFi tokens. This is coming soon after the exchange launched a […]
Operation DisrupTor: US authorities seize $1 million from darknet criminals
The United States Department of Justice announced the seizure of $1.6 million in cryptocurrencies under ‘Operation DisrupTor.’ Furthermore, law agencies, both in the US and Europe, have arrested 179 people that are allegedly involved with the Darknet drug dealing community. Operation DisrupTor Operation DisrupTor was a coordinated effort to disrupt opioid trafficking on the Darknet […]
OCC Guidance Letter – Stablecoin reserves custody allowed to the US banks
OCC has announced that stablecoin issuers are now allowed to deposit reserves at federal banking institutions SEC specifies that they must be structured and sold as securities, and promises leniency if issuers approach them for assistance These actions provide much necessary regulatory guidance to the industry The Office of the Comptroller of the Currency (OCC) […]
How Bitcoin campaign contributions are spicing up 2020 US presidential race
The 2020 US presidential elections are witnessing a rising tide of Bitcoin campaign contributions. The trend of cryptocurrency donations and contributions is helping cryptocurrencies achieve mainstream financial status. Cryptocurrency donations did not find many takers in the political arena. However, the tables have turned and today Bitcoin campaign contributions find favor among leading party candidates. […]
Milestone: 10,000 Bitcoin ATMs now installed globally
There are now more than 10,000 Bitcoin ATMs. It is easier to buy and sell cryptos than in the past years. The US tops with the highest installations. The number of Bitcoin ATMs (BATMs) installed worldwide recently reached another record-breaking point. Currently, more than 10,000 BATMs are in existence. These machines make it easier for […]
