Roy Warfield 
El Salvador has recently passed legislation and has become the first country in the world to officially make BTC a legal tender. This new law means that every business must accept BTC for trading goods and services. The law will come into effect in 90 days. A preeminent crypto whale reports El Salvador will be … Read more
The co-founder of MicroStrategy has gambled on Bitcoin by loaning $500m by junk bonds and plans to invest it in digital currency, which is more than what the majority of people expected. Junk-bond ramped up by MicroStrategy MicroStrategy has informed the public, it will loan $500m to invest it in Bitcoin since, at the moment, … Read more
UK police, finding themselves in contention with cryptocurrencies, are demanding more power regarding criminal investigation for the digital assets to be blocked. London Metro Police detectives are asking for the authority for freezing the crypto assets of businesses and the individuals that they are investigating to find out the criminal activities to restrict their transfers. … Read more
According to statistical reports, Ethereum has seen a huge increase in Open interest compared to that of Bitcoin. After the recent huge drop experienced by the cryptocurrency market, Bitcoin’s price plummeted from an average of $60,000 to an extreme low of $29,000. Despite the recovery that shifted the price of Bitcoin to back nearly $36,000, … Read more
April and May have been very unpredictable months in the history of Bitcoin (BTC). In the last couple of months, Bitcoin (BTC) met its ATH value as well as the most declined value. This article focuses on the ups and downs in the market of Bitcoin in the last couple of month and related factors … Read more
BankProv is going to offer the freshly introduced loan product to its clients. Provident Bank, rebranded as BankProv last year to expand all over the country, is now presenting this program in association with Anchorage. The partnership between the two is that BankProv will provide the due deposits from its infrastructure while Anchorage will deliver … Read more
The miners of Ethereum made record revenue in the past month, making them earn more than BTC miners for the second time in a year. The monthly revenue from mining on the ETH Blockchain totalled $2.35 billion in May based on the data from Coin Metrics, in comparison to the $1.35 billion made from BTC … Read more
According to the PwC paper, there is a significant amount of non-crypto hedge funds that are investing resources in the crypto space. The report also mentions that in 2020 the digital currency-centered hedge funds increased their respected AUM by 100% compared to 2019. The report suggests that in 2020 the mean of returned funds topped … Read more
Cardano is paving its way towards new levels in Blockchain Technology as Input Output Hong Kong (IOHK) has launched a new scheme for Cardano, which is known as Smart Contracts, as a subsequent step of Alonzo. On 27th May, Input Output Hong Kong (IOHK) provided some briefing on the launching of Cardano’s latest footstep Smart … Read more
The latest weekly crypto-asset report by Coinshare shows Cardano on the top as it experienced an inflow of $10 million, whereas BTC had an outflow close to $110 million. The recent weekly report issued by Coinshare elaborates on another significant outflow for the digital currency market. The report highlighted that the previous week, many of … Read more