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Crypto market cap closes in on two billion usd

INDUSTRY

Wednesday, 31 March, 2021 at 09:54 GMT
Despite the crypto market seeing gains over the weekend, the market is presently in the reds as big banks have continued to see losses. Presently, the entire crypto market cap has once again driven up to record a 2.4% gain, boasting a new figure of around $1.92 billion. ...
Us government will not be banning bitcoin

EXCLUSIVE

Tuesday, 30 March, 2021 at 06:41 GMT
There have been speculations among the US government for sanctioning Bitcoin and various other cryptocurrencies, but thorough screening has been done, and it did reveal that there is nothing more to it, and Bitcoin did get a green signal from the concerned bodies. ...
Bitcoin nears 60000 usd on banks archegos

INVESTING

Monday, 29 March, 2021 at 14:20 GMT
Swiss multinational Credit Suisse has announced a “highly significant and material” loss resulting from a “US-based hedge fund defaulting on margin calls.” Likewise Japan’s biggest investment bank, Nomura, has warned of a “significant loss” at its US subsidiary due...
Satoshi nakamoto could be one of the worlds wealthiest person

EXCLUSIVE

Sunday, 28 March, 2021 at 06:35 GMT
The digital asset space is always one go watch as prices move up at an impressive rate within short intervals. Bitcoin’s price of around $54,000 easily makes the creator one of the world’s wealthiest people, but that’s not all. Some analysis shows that the anonymous creator...
Cftc hits mastermind of controlfinance bitcoin scam with 570m fine

WARNINGS

Saturday, 27 March, 2021 at 06:54 GMT
Benjamin Reynolds, the mastermind behind a massive bitcoin Ponzi scheme, must pay the CFTC a whopping $572 million in penalty and restitution after a federal judge in New York entered a default judgment against him. ...
Bnk busan bank looking to offer services to crypto exchanges

INDUSTRY

Friday, 26 March, 2021 at 08:54 GMT
South Korea has always been a major hub for cryptocurrencies and related innovations. The crypto craze in the nation has even engulfed banks and another major bank is looking to offer banking services for crypto exchanges. ...
Bitcoin is like digital cash says ray dalio

INDUSTRY

Thursday, 25 March, 2021 at 10:07 GMT
Ray Dalio, a US-based Hedge Fund Manager, said that Bitcoin is like digital cash in nature. He compared Bitcoin with other alternative assets and mentioned that the world’s largest cryptocurrency has proven itself over the last decade. ...
Bitcoin price to 100k says the wolf of wall street

INDUSTRY

Wednesday, 24 March, 2021 at 10:56 GMT
Bitcoin’s advantages over equities are what will propel the asset towards $100,000, said Jordan Belfort – known as the Wolf of Wall Street. Interestingly, his bullish price projection comes years after bashing the cryptocurrency and warning investors to get out because BTC...
Digital yuan has highest privacy protection

INDUSTRY

Tuesday, 23 March, 2021 at 09:26 GMT
According to a claim made by Mu Changchun, the head of the central bank’s digital currency research institute of China, the country’s digital yuan has the highest privacy protection. Changchun made the remarks at the China Development Forum 2021, saying that there should be...
Bitcoin is a speculative asset

INVESTIGATIONS

Tuesday, 23 March, 2021 at 09:15 GMT
Bitcoin and other digital currencies are not backed by anything and the world’s largest cryptocurrency is more like a speculative asset, according to a statement made by the Chairman of the Federal Reserve Jerome Powell. ...

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