A property company by the name of Magnum Real Estate Group recently made it known that it will be adding various cryptocurrencies as a viable payment method. This development coincides with the general trend of increasing crypto adoption nowadays. The company, based in New York, stated that Bitcoin (BTC) would now be considered as an…
Claim-Justice Review Admit it, the online trading industry is growing vast and more profitable than ever, and this is what attracted you, so you ended up investing in it. However, you did not do proper research and ended up falling prey to a scammer claiming to be an online trading service facilitator. If you were…
Cuba’s Central Bank has approved BTC use and other cryptos in making payments in the nation. According to the country’s news outlet Presna Latina, Banco Central de Cuba has legalized the use of virtual currencies, implying that everyone within the jurisdiction of Cuba can now make investments and perform other commercial transactions with cryptocurrency. This…
Briefly – Cardano’s (ADA) price remains in the middle of the monthly price range. Further price developments appear to favor Cardano bulls, and technical signals confirm. Analysts believe ADA’s will rise back to levels beyond $3 by September end. Cardano trades on a weekly bounce at $1.90, while its record high this year stands at…
Most cryptocurrencies and crypto platforms have in recent times come under supervision and regulation of certain regulatory bodies, most of which are governmental financial institutions. This is necessary as cryptocurrency is speedily expanding and is being accepted in different countries of the world. The regulation serves as a guideline that ensures that cryptocurrency is safe…
Top FinTech company, Fidelity asset management firm, has called out the US top financial regulator over its non-approval of a crypto ETP. The disclosure was made following a meeting between its executives and top SEC officials recently. The Benefits For Everyone The Fidelity Excos gave several proofs why SEC’s approval of a crypto ETF is…
Stablecoins are not the same as cryptocurrencies, as these are only the mirror images or reflections of these cryptocurrencies. The stablecoins are specifically pegged against a definitive commodity such as another cryptocurrency or even the US dollar. Their value is in reference to a definitive or competitive commodity which they are representing. There are worries,…
A system bug in OpenSea resulted in the burning of 42 NFTs in around 30 transactions, worth nearly $100,000 in value. According to reports from sources, a system bug in the NFT marketplace on OpenSea caused the burning of NFTs owned by multiple users, having a value of around 28.44 Ether, which is about $100,000…
Brevan Howard, a top UK hedge fund firm, has appointed Colleen Sullivan to head its newly created cryptocurrency division termed by digital. Aron Landy, Brevan Howard CEO, commended Sullivan’s choice as the best candidate to move the company’s digital asset division in the right direction. The CEO said that “Sullivan’s experience will be highly beneficial…
If you are a true crypto-enthusiast, then you already know what is cooking between XRP and SEC, as it has been the highlight of the crypto market all these long months. The case has taken all sorts of impressive turns over the months, and it seemed for the most part that Ripple was winning it…
YouGov poll has revealed that 27% of Americans support the idea of adopting Bitcoin as a legal tender. The new poll further revealed that 11% of the Americans voiced more solid support for Bitcoin’s use as a legal tender in the country, while the remaining 16% were indifferent. If adopted, it would mean that businesses…
Bitcoin, in recent times, has been experiencing several developments most of which are often contributions to its growth. However, the recent adoption of the token as a legal tender in El Salvador has generated a level of mixed feelings which has also been reflected in its price. Amidst these uncertainties, however, the popular whistle-blower, Edward…
The Central Bank of Nigeria has released the draft of the guidelines for the operation of its central bank digital currency. The country’s central bank has forwarded the guideline containing the design and operation of the digital naira to the commercial banks in the country. Nigeria Joins Country Planning for CBDC The digital currency named…
Most virtual coin trades lower after failing to reverse the bearishness that dominated the market over the last 24 hours. The past day’s negative price actions had most cryptocurrencies in the top-fifty trading in the red. That was due to the sudden losses that the market saw after El Salvador implemented the BTC law. Polkadot…
Various data indicate that crypto mining firms are settling at their new locations following aggressive action on them by the Chinese authorities in May. Institutions Remain Bullish Glassnode analytics suggest that institutions might be responsible for bitcoin’s current bullish run. “Institutional investors continue to dominate transaction volumes which are impacting BTC’s price action positively,” Glassnode…
As Ethereum and Bitcoin experienced consolidation over the past day, some alts either printed sideways actions or dropped their earlier gains. Though Tron maintained its price under its multi-month high, the crypto battled to conquer the $0.103 level. Meanwhile, WAVES depicted consolidation moves as technical indicators suggested price actions near the closest support at $27.07…
China will try a renewable electricity transaction system based on blockchain. The world’s greatest carbon dioxide producer is decarbonizing with the help of blockchain. Officials with Beijing’s highest market competent authorities have granted the go-ahead for blockchain-based renewable electricity transaction trials across China, according to the National Development and Reform Committee’s official site, which made…
IOHK (Input-Output-Hong-Kong), the development organization and a supporting mechanism at the back of Cardano (ADA), made collaboration with EBU (European-Business-University) situated in Luxemburg. The purpose of this partnership is to make several developments in the system of education in emerging countries of Africa related to its equitability, affordability, and accessibility. Cardano’s latest efforts in Africa…
Shortly after the test net and smart protocol launch on Wednesday last week, Cardano launched its first Dapp on Alonzo. This move means that the popular blockchain will integrate into its mainnet on September 12. The hype surrounding the Alonzo launch is one thing that has positively impacted prices of ADA recently. Despite the Dapp…
Ripple (XRP) has had massive gains since yesterday as the entire cryptocurrency market witnessed impressive movements. The recent surges had XRP rising towards higher levels after overpowering multiple obstacles. For now, the token depicts price resilience. Moreover, the altcoin might see remarkable upticks in the upcoming weeks. While writing this content, XRP trades at $1.32…