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Citigroup to Hire 100 People for Its Crypto Division: Report


Citigroup is reportedly looking to hire 100 people for its new crypto team. “We believe in the potential of blockchain and digital assets including the benefits of efficiency, instant processing, fractionalization, programmability, and transparency.” Citigroup Growing Its Crypto Team...

Morgan Stanley Witnesses Massive Investment Potential


According to Markets Insider, for the upcoming investment, Morgan Stanley identified the Metaverse theme opportunity with global appeal in a note to its investors last Thursday. It has the potential to drastically alter the way we interact with people. Companies are working towards building their...

Litecoin (LTC) Holds Potential to Recover Despite Recent Fall


Recently, Litecoin has reached a new milestone with a partnership with VISA. The founder of LTC introduced the ‘Litecoin Card.’ It is useful for instant off-ramp payments, which will convert into Litecoin holdings on the receiver’s end. Litecoin published this news on their Twitter page.  They also...

Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies


Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market....

Ethereum Holds Potential to Hit $5K Despite Slight Decline


Ethereum is not something one should ignore straight away. Be it the battle of smart contracts or mining-based cryptocurrency, the returns offered by ETH far exceed other cryptocurrencies. ETH now eyes the golden number of $5000, which will be its first step towards $10,000. Despite maintaining...

Still Upside Potential in Bitcoin, While ETH Faces Competition - Kraken


There is still potential for the price of bitcoin (BTC) to rise before the top of the market cycle, analysts at crypto exchange Kraken said. Meanwhile, ethereum (ETH) has recently seen a strong performance, but is to face tougher competition going forward, they warned.... Read More: Still Upside...

Chainlink (LINK) Holds Uptrend Potential With 200 DMA Resistance


Chainlink was launched recently in the year 2017 to bring smart contracts to a globally approachable platform. The central aspect that differentiates it from other cryptocurrencies is the use of an Oracle, which is a bridge between the existing cryptic platforms and the outside world...

Can Portal Unlock Bitcoin’s Potential to Truly Decentralized Finance?


Decentralized finance (DeFi) protocols and platforms have become increasingly popular during the past few years. One of the main value propositions of DeFi is to provide seamless lending, borrowing, and digital asset staking services without requiring the assistance of third parties to finalize...

Payments Giant Visa Launches NFT Program to Support Digital Artists 


Visa, one of the leading credit and payments companies, has announced the creation of a program that will allow artists to understand how they can use new technologies like NFTs. According to Visa, NFTs have the potential of evening out the field for artists, allowing them to close the gap between...

Why Does Binance Coin Have a Huge Futuristic Potential?


Binance Coin has a unique journey after being developed by the Binance Exchange in 2017. It was initially used as a discount coin. Being considered a utility token, it didn’t carry much weight and traction. But in September 2020, BNB launched Binance Smart Chain, a parallel chain purely...

A Rocky Start for Bukele’s Bitcoin Law — El Salvador After Adoption


The adoption of bitcoin as legal tender in El Salvador has been one of the biggest events in the cryptocurrency world this year. However, Nayib Bukele, president of the country, has taken a course of action many consider mistaken. In any case, the Bitcoin Law has put Bitcoin in the global spotlight...

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