Square helps customers of its Cash App to buy Bitcoin in large numbers, but as a “green” Californian, CEO Jack Dorsey is also aware of the effect that crypto mining has on the environment which is plagued by climate change. With that in mind, his company announced this week it would be handing out grants […]
The world’s first stock that consists solely of Ethereum just launched in Canada, widening the intro of crypto to the general public. As boomers and the older members of generation x find it too difficult to enter the crypto platforms, it will be interesting to see whether this can attract new entrants to the cryptosphere.GeminiIt […]
Alexander Vinnik has just been sentenced to 5 years imprisonment in France. Not only is the Russian national still one of the prime suspects in the disastrous hack of the defunct crypto exchange Mt Gox, he also was a legendary criminal notorious for setting up money laundering by facilitating the concealment of Bitcoins stolen from […]
Although Bitcoin has once again failed to break the illusive $20,000 level, few analysts doubt that it eventually will do so, probably before the end of the year. This is because by now most market commentators start to realize that there has been a rush on crypto by institutional investors who realize that they need […]
Ripple labs must be beating itself up over the legal agreement it made with co-founder Jed McCaleb when he left. The current Stellar Lumens CEO’s deal is possibly negatively impacting the performance of XRP, at this moment still the third-largest cryptocurrency.In a strange way, the CEO of a rival crypto could in this manner influence […]
Is there a clear correlation between stock markets and Bitcoin still? Is the best known cryptocurrency rejecting to take the $20k hurdle once again because of Brexit fears? Such is the analysis of many charters that are watching Satoshi Nakamoto’s cryptocoin drop back down to the $18k region in the past 24 hours. Although some […]
The G7 is clearly worried about a possible launch in 2021 of Facebook’s own cryptocoin, whether it is called Libra or Diem (as it has recently been rebranded). Proof of this fact was given when the German Finance Manager Olaf Scholz released a statement addressing the Facebook namechange. Scholz said:A wolf in sheep’s clothing is […]
Given that the Bitcoin price is eyeing $20,000 again, institutional investors are searching for ways to diversify and spread their risk upon entering the cryptosphere. As such, it seems a new altseason might be upon us as the smaller coins have clearly outperformed the best known crypto this year.AltseasonEthereum, Ripple’s XRP and DeFi behemoth Chainlink […]
As HongKong is still the crossroads of international trade in Asia, the Chinese government needs the roll out of its Digital Yuan to be a success there of all places. Gioven that HongKong is not exactly the most subservient city under Chinese rule (understatement of the year) finding loyal local fans for the digital coins […]
Whilst over in the US infections of Covid-19 are mounting like crazy, the UK is preparing for a vaccination rollout. Only possible problem is that it will coincide with Brexit. Yes, that thing that everyone has been talking about for years and thought would never happen is finally here. On 1 January 2021 the EU […]
