Archived Posts

Cardano’s community has now got an opportunity to choose it as the best blockchain platform of 2021. The proposal has been put forward by AIBC Awards. As per the official website of AIBC Awards, the committee will have 70% of the voting rights, while the rest 30% will be covered by common people, including the   Read more...

One of the biggest investment banks across the globe just rolled out a crypto trading desk, even though executives ensured that they will deal only with derivatives and will not hold cryptos on their books. An in-house memo of Goldman Sachs revealed the roll out of a crypto trading desk, which will be a portion   Read more...

FIS, the firm that offers tech solutions to banks and owns payment processing firm WorldPay, is collaborating with NYDIG, the cryptocurrency administration and digital custodial firm. Under the partnership, both intend to pave way for hundreds of little US banks to provide their clients’ access to Bitcoin, the only crypto with which NYDIG is engaged.   Read more...

Bitcoin ATMs are recording a strong increase across the globe, as per data provided by Coin ATM Radar. From a minimum of 7,756 in May 2020, ATMs facilitating deposit and withdrawal of cryptos has risen to 19.452 in May 2021. A major portion of those machines are operating in the US. The count of cryptocurrency   Read more...

Square, the US headquartered financial service provider, has published its quarterly results, which revealed that its earnings was more than double the analyst forecasts against the backdrop of rising demand for cryptocurrencies. Refinitiv, the global financial data provider, had forecast that Square would record earnings of $0.16 per share in the first-quarter, but the payment   Read more...

Even though a major portion of Bitcoin mining still happens in China, in recent times, there are firm hints of a steady change in the scenario. Chun Wang, co-founder of F2Pool, one of the biggest mining pools, has stated that China accounted for less than 50% of hash rate in April 2020. Wung has pointed   Read more...

Mercado Libre, Latin America’s biggest e-commerce platform, has informed the US Securities and Exchange Commission (SEC) that is has invested $7.80 million in Bitcoin in 1Q21. In its SEC filing, the company has stated: “As part of our treasury strategy this quarter we purchased $7.8 million in Bitcoin, a digital asset that we are disclosing   Read more...

Ethereum Classic (ETC) continues to maintain the uptrend that started in the final week of March. Data provided by crypto market aggregator CoinGecko.com indicates that ETC has appreciated by roughly 25.1% in the past 24 hours at the time of writing this article. With the stupendous rally, Ethereum Classic token has become the 20th largest   Read more...

Popular brokerage firm eToro has added Dogecoin, a cryptocurrency considered as a joke in its initial stages, to its trading platform. The multi-asset platform has included the meme-based crypto after several years of push by the Doge community. eToro, in its media release, has highlighted robust investors’ demand as the key reason for such a   Read more...