Archived Posts

After Bitcoin (BTC) price rose over $40,000 for the first time more than six weeks on July 26, bull market confidence resurfaced in the cryptocurrency industry. Today’s rise to $40,581 was a resumption of the July 25 breakthrough, which witnessed the BTC price soaring to $48,110 on Binance after a short squeeze wiped over $500   Read more...

Tokenized digital collateral AMP has gained 50% today on speculations that it, alongside Algorand, is collaborating with Amazon on a cryptocurrency based initiative. There’s no formal declaration from Amazon yet, but rumors are circulating that the e-commerce behemoth is considering giving support to the crypto sector. At the time of writing, AMP was up 4%   Read more...

As per a new tracking system from the Atlantic Council, the desire to explore the potential and problems of a central bank digital currency (CBDC), is ongoing in 81 countries, with five nations completely deploying a digital form of their fiat currency. The Bahamas, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia, and Grenada   Read more...

According to City A.M. in London, an unidentified insider within Amazon has stated that the e-commerce powerhouse plans to allow Bitcoin (BTC) payments by the end of this year, potentially paving the way for greater public adoption of crypto based dealings. As per an article written Sunday, the undisclosed insider told City A.M., “This isn’t   Read more...

Within a minute into Twitter’s earnings call Saturday, CEO Jack Dorsey highlighted the company’s adoption of Bitcoin. The Bitcoin, he said, is the web’s “global native money.” It allows Twitter to operate quicker with things like Super Follows, e-business, memberships, and Tip Jar, according to him. “As a result, we can contact every single individual   Read more...

Bitcoin (BTC) is still trading between $31,000 and $35,000. This is regardless of the latest panic caused by the asset’s price plummeting below $30,000 for the first time. Mike McGlone, a senior Bloomberg analyst, has given his pricing forecasts for the short and long haul. According to the analyst, Bitcoin will probably appreciate than trend   Read more...

According CoinGecko.com, Ethereum (ETH) has gained about 15% in the previous seven days. The second-largest cryptocurrency is up over 5% for the day. ETH has now risen beyond $2,100, continuing its upward trend. Large addresses (whales) are known for buying when prices are falling and selling when prices are rising, but latest information suggests that   Read more...

JPMorgan Chase & Co. became the foremost bank in the United States to provide Bitcoin to retail customers, creating a fresh page in the cryptocurrency history. According to a recent story, the bank will start offering a product, which it has been providing to its super rich customers, paving way for the entry of Bitcoin   Read more...

Reddit has chosen Arbitrum, a supplier of layer 2 Ethereum technology, to grow its community points system. The Ethereum network is anticipated to attract millions of new participants. The scaling system will be deployed on the Rinkeby testnet before being launched on the Ethereum mainnet, according to the statement issued on July 22. It would   Read more...