Archived Posts

Bitcoin has been going through a price correction for the last couple of weeks, which has proved out to be a great chance for BTC whales to purchase the dip. One whale, in specific, has bought BTC 6,770, worth $384.29 million, in less than two weeks, demonstrating the power of buying the dip. In addition   Read more...

The discovery of a new, possibly vaccine-resistant coronavirus variety prompted investors to flee riskier assets in favor of the perceived safety of bonds, the yen, and the dollar on Friday. Bitcoin, the most valuable digital currency, plummeted as much as 8.3 percent to $53,587, its lowest price since October 12. It is now at its   Read more...

Luxurious eyeglasses behemoth Kering Eyewear has established an inclusive information exchange platform, which makes use of blockchain technology to allow evaluations and tracking throughout all production activities across the company’s global operations. In keeping with the company’s “commitment to environmental responsibility and sustainable innovation,” the V.I.R.T.U.S. platform (a verified, integrated, reliable, trustworthy, unique, and secure   Read more...

Ricardo Salinas Pliego, Mexico’s third-richest billionaire and a member of the Forbes 400, has recommended investors to “purchase Bitcoin immediately.” He went on to say that the United States is “becoming more like any other reckless third world nation.” On Wednesday, Mexican millionaire Ricardo Salinas Pliego shared his thoughts on the state of the United   Read more...

According to Bloomberg, Bank of England Governor Andrew Bailey on November 25 labeled El Salvador’s move to use Bitcoin as its currency “concerning,” adding that consumers “would almost certainly be caught up in the volatility.” “The fact that a country would pick it as its official currency is concerning to me. What concerns me the   Read more...

Recent data shows that the bitcoin network is currently handling more volume than the online payments behemoth PayPal. The bitcoin network will handle an anticipated average of $489 billion every quarter in 2021, according to statistics from blockchain intelligence company Blockdata. This compares to PayPal’s average of $302 billion per quarter. Bitcoin’s statistics is still   Read more...

International Association for Trusted Blockchain Applications (Inatba) and Abu Dhabi Global Market have inked a memorandum of understanding to set up a chapter of Inatba, a global blockchain organisation, in the Middle East and North Africa to promote mutual cooperation between the public and private sectors. According to the agreement, which was inked at FinTech   Read more...

Restart Energy Innovative Technologies AG is conducting a security token offering (STO) on the Ethereum blockchain in order to raise CHF7.99 million (US$8.5 million). It will be initiated on the Swiss daura platform and will earn cash via the sale of digital participation certificates, according to the STO. The funds will be utilized for the   Read more...

Bitcoin investment platform Bit.Store, which has a customer base of 500,000 users in countries such as the United States, Canada, Hong Kong, Indonesia, and the United Kingdom, has embedded the industry-leading Chainlink Price Feeds in order to provide users with the most precise and latest prices on cryptocurrencies. This enables Bit.Store customers to have immediate   Read more...