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2020

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Japanese financial giant sbi launches bitcoin lending service

INVESTING

Tuesday, 24 November, 2020 at 15:41 GMT
Japanese financial giant SBI Group has concluded plans to roll out a crypto lending service that seeks to borrow cryptocurrencies from holders. According to the report, SBI has put aside a yearly interest of 1% on Bitcoin, and it intends to include XRP and Ethereum in the...
Binance exchange is terminating its bgbp stablecoin

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Monday, 16 November, 2020 at 12:40 GMT
Leading cryptocurrency exchange, Binance has announced its plans to terminate support for BGBP, a stablecoin pegged to the GBP, the official currency for the United Kingdom, including Jersey. The last trading pair for the stablecoin will equally be delisted on the exchange. The...
China construction bank plans to issue $3 billion bonds using blockchain

INVESTING

Wednesday, 11 November, 2020 at 08:21 GMT
In a recent report, the China Construction Bank (CCB)’s Malaysian unit, in partnership with Hong Kong-based exchange, Fusang, has unveiled plans to issue up to $3 billion bonds using blockchain. ...
Bitcoin surges past the $13000 line

INVESTING

Sunday, 25 October, 2020 at 17:14 GMT
Bitcoin has finally done it. After months of waiting, the world’s number one cryptocurrency by market cap has surged past the $13,000 line. The currency has been making its way towards this figure for the past several days following an announcement by PayPal that users can now...
Four key things to consider while choosing a bitcoin exchange

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Tuesday, 20 October, 2020 at 06:56 GMT
Choosing a bitcoin exchange is the most important task that traders and investors must complete. Picking the wrong platform may lead to several problems for traders. If you are an interested trader, then you should look for the top best bitcoin exchange. You can easily find...
Ethereum price is up almost 8%

INVESTING

Saturday, 10 October, 2020 at 07:16 GMT
Ethereum, the second-largest coin by market volume, has increased by 7.51% over the last 24-hours as markets have welcomed buyers again. As Ethereum price is going up, the DeFi tokens are also showing bullish sentiments. Discussion over Stimulus Package The whole cryptocurrency...
Playing defense with bitcoin and gold

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Sunday, 4 October, 2020 at 14:18 GMT
What’s the point of a safe-haven asset? Well, for starters, it’s to keep one’s portfolio safe. ...
Nearly 70000 synthetic bitcoins now exist on ethereum

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Tuesday, 8 September, 2020 at 05:36 GMT
Synthetic Bitcoins have been growing significantly for use in the decentralized finance (DeFi) space. Recent data has shown that there are almost 70,000 synthetic Bitcoins existing in Ethereum. The number is expected to surge accordingly, as the DeFi industry continues to gain...
Longterm bitcoin investors hold steady despite $2000 plunge

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Saturday, 5 September, 2020 at 05:19 GMT
After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation.This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point...
Kazakhstan looks to crypto mining with a $700m investment

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Friday, 4 September, 2020 at 11:21 GMT
Kazakhstan is anticipating drawing in 300 billion tenges (around $715 million) worth of investments for its rising cryptographic money mining industry, as uncovered by the previous Minister for Digital Development, Innovation, and Aerospace Industry Askar Zhumagaliyev in a Senate...

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