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Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and ‘Lack of Real Use’
29.4.2021
Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other...
QuickSwap (QUICK) gains 420% as Polygon’s (MATIC) L2 network attracts new liquidity
28.4.2021
Low fees and high yield opportunities briefly pushed QuickSwap price above the $1,000 mark as the Polygon-based layer-2 solution sees adoption from new blockchain projects
Japan’s Gaming Giant Nexon Buys 1,717 Bitcoins — Company Says BTC ‘Offers Long-Term Stability and Liquidity’
28.4.2021
Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. The company believes “bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.” Japan’s Nexon Buys Bitcoin Major gaming company Nexon...
Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH
28.4.2021
After a sharp relief rally, Bitcoin price encountered resistance near $55,000, leading to a short-term pullback in select altcoins
Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance
28.4.2021
The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days....
Tim Draper-backed crypto derivatives exchange raises $18M
28.4.2021
Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale
UBRI Partners with 3 Universities for CBDC Research
28.4.2021
Renowned Ripple’s UBRI project, i.e., University Blockchain Research Initiative, that runs accelerator programs for Blockchain, has partnered with NYU Abu Dhabi, University of Cape Town, South Africa, and Reykjavik University, Iceland. This partnership aims to promote research and engage...
America’s Fifth-Largest Banking Institution US Bank to Offer Cryptocurrency Custody
28.4.2021
On April 27, the American bank holding company U.S. Bank revealed in a blog post that the financial institution plans to offer cryptocurrency custody services. The bank’s chief strategy officer for U.S. Bank Global Fund Services, Christine Waldron, says she is proud of her company’s...
Enterprise NFT is the Future of VeChainThor
28.4.2021
Blockchain has revolutionized the global economy, and, as of today, the road to economic success lies in the mass adoption of the technology. The platform of VeChain is leveraging its partners, members, and stakeholders to reach the consensus of realizing the manifold benefits of the advanced...
Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning
28.4.2021
Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...
Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations
28.4.2021
The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold...
Major Venezuelan Aviation Academy Enables Bitcoin Payments as Crypto Adoption Keeps Rising in the Country
28.4.2021
A leading Venezuelan aviation academy announced its inception into cryptocurrency adoption after enabling bitcoin payments. Caracas Air is now accepting crypto payments for those who want to take any of their courses. Academy Started Its Operations in 2015 According to the announcement made by...
MetaMask cites 'global south' for their 5x increase in users
27.4.2021
The wallet service and browser extension has seen its active monthly users grow five times since October 2020
Mastercard Launching Crypto Rewards Credit Card With Real-Time Bitcoin Rewards
27.4.2021
Mastercard is launching a new cryptocurrency rewards credit card featuring real-time rewards in partnership with crypto exchange Gemini. Cardholders will earn up to 3% back in real-time in bitcoin or a number of supported cryptocurrencies. Payments giant Mastercard is launching a new crypto rewards...
1inch launches mobile wallet on Apple iOS
27.4.2021
With this new wallet, mobile users will finally be able to transact on networks other than Ethereum
Cardano’s Inventor Predicts An “Internet Of Blockchain”
27.4.2021
The cryptocurrency industry is cruising right now, with over 1,600 cryptocurrencies around the world. The masses are accepting crypto as a viable payments system, and its mass adoption is already here. One major reason behind the industry’s growth is the constant delivery of esteemed ventures like...
Binance crypto exchange to launch its own NFT platform
27.4.2021
Launching in June, Binance’s new NFT platform and marketplace will share the same account system as Binance.com
XRP’s Progress – Will it Ascend?
27.4.2021
While the crypto industry, in general, is experiencing an uprise, the year has not been the best for some cryptos. Many renowned currencies are witnessing constant price fluctuations, and Ripple is not one of them. With the ongoing case with the SEC, XRP has been under the spotlight for a long...
Market Update: Bitcoin Bulls Bounce Back, Dogecoin Slumps, XRP Jumps 18%
27.4.2021
Digital currency markets have been regaining some of the losses felt last week as the entire crypto-economy has jumped back over the $2 trillion valuation mark. Bitcoin has risen above the $55k zone, while other digital assets have seen more precipitous gains. Out of the top ten leading crypto...
Indonesian regulators consider tax on cryptocurrency transactions
27.4.2021
Officials are considering a tax on all cryptocurrency transactions in Indonesia