Archived Posts

Michael Saylor, CEO of MicroStrategy has opined that Bitcoin (BTC) as a store of value “scales just fine.” It can be remembered that the company recently purchased 38,250 BTC. Through a tweet, Saylor disclosed additional info regarding the company’s unexpected investment in Bitcoin. MicroStrategy, which is regularly garnering media attention from the time it invested   Read more...

Wirex, the foremost crypto platform to be issued a principal membership by Mastercard, is preparing to roll out a unique multi-currency card. The London-headquartered Wirex is a cryptocurrency payment processor, regulated by the UK’s Financial Conduct Authority, and has legal permission to issue disburse cryptocurrency cards in Europe. Mastercard will back the intended multi-currency Wirex   Read more...

The VeChain Foundation has become a council member of the China Animal Health And Food Safety Alliance. As per an announcement made on September 17, VeChain is “the sole public blockchain technology provider in the alliance” and will provide technical and infrastructure backup. Over 130 firms are enrolled as members of the alliance, including China   Read more...

The underlying bullishness seen in Bitcoin (BTC) is reflecting in the form of an increase in the aggregate number of Bitcoin ATMs to over 10,000 across the globe. As per AksjeBloggen, a Norwegian financial service provider, the number of Bitcoin ATMs (or BTMs) surged 87% y-o-y in September 2020. In the same period last year,   Read more...

A series of on-chain indicators are giving firm “buy” signal for Bitcoin (BTC). Ten indicators compiled by on-chain tracking website CryptoQuant suggest investment in Bitcoin at this point in time. Of the 11 indicators taken for study by CryptoQuant, eight has given out “buy”, while two has given “strong buy” for Bitcoin. Only one of   Read more...

According to a research report from Chainalysis, blockchain focused forensics company, the probability of African crypto traders sending or receiving tokens from addresses linked to scams is pretty low, in comparison to traders in other regions. The survey signifies the scenario last year. In the document titled “2020 Geography of Cryptocurrency Report,” Chainalysis states that   Read more...

Philippines headquartered Asian Development Bank (ADB) has completed its foremost letter of credit (LC) transaction utilizing the Standard Chartered-supported Contour blockchain network. The trade was one of the initiatives under the ADB’s trade and supply chain plan, with the Bank for Investment and Development of Vietnam and Standard Chartered bank being other participants. The trade   Read more...

Intercontinental Exchange (ICE) owned Bakkt, a regulated cryptocurrency trading and custody service provider, has recorded record daily trading volumes in the category of physically-settled Bitcoin (BTC) futures. Specifically, Bakkt revealed that over $200 million worth Bitcoin futures contracts were traded on a single day, up 36% from its earlier high. As per cryptocurrency market data   Read more...

In a video conferencing session conducted by Litecoin Foundation, Charlie Lee, creator of Litecoin (LTC) and Stephan Vogler, CEO of CipSoft, revealed the roll out of LiteBringer, a fantasy game based on role-play, hosted on Litecoin blockchain. Lee stated “It’s the first major game that utilizes the Litecoin blockchain for all of its interactions.” Vogler   Read more...