Bitcoin Blockchain and Cryptocurrency News Center
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment? The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value […]
Investors now have a better understanding not only about crypto assets but also the operational and procedural side of crypto, a new report states. Crypto and blockchain investments continue to grow thanks to ever-rising investor interest, according to a new report from Big Four accounting firm KPMG. Titled “Pulse of Fintech H1 2021,” the study covers global investment […]
As the CoinDesk announced, the hype around ether is also reflected in the derivatives market. Ether (ETH, -2.68%) continued its rally on Thursday after the Berlin hard fork on the Ethereum blockchain went live earlier the day, surpassing $2,500 for the first time in history. The No. 2 cryptocurrency by market capitalization was traded around […]
Institutional interest in Bitcoin continues to rise as bullish sentiment around BTC prevails, the Cointelegraph reported. With Bitcoin (BTC) price sentiment continuing to remain bullish following the uncertainty brought on by the United States presidential election, institutional investors seem to be getting more interested in betting on the markets. In the seven-day period ending on […]
As the end of the year draws closer, discussing what the future holds for the crypto industry becomes increasingly relevant. In particular, how global financial and technological trends will affect the adoption of cryptocurrencies in the coming year. Despite the critics, the number of industry experts and crypto enthusiasts who foresee a promising future for […]
Blockchain start-up and XRP proponent Ripple says it’s raised a $200 million investment round, lifting its valuation to $10 billion. Despite this move, critics worry whether Ripple and its XRP digital currency have a future in the space when up against CBDCs, stable coins, and XRP’s biggest competitor, Bitcoin. Ripple Hopes Funding Refutes XRP Skeptics […]
Bitcoin (BTC) and cryptocurrencies are used as a speculative investment tool and not money, a report by United States think tank the Congressional Research Service (CRS) claimed on May 10. As part of an investigation into cash usage in the U.S., the report, dubbed “The Potential Decline of Cash Usage and Related Implications,” appears to forecast a reduction in paper money as contactless […]
In an apparent first, global online payments firm PayPal has made an investment in a blockchain startup — one that focuses on leveraging the technology to give users more control over their digital identities. The news was reported by Forbes on April 2. The investment comes as part of an extension to a Series A funding round in the startup — […]
The government of South Korea’s capital city has committed to invest 1.2 trillion won ($1.07 billion) by 2022 via an investment fund for startups, including those working with fintech and blockchain. The Seoul Metropolitan Government announced the news Monday, stating that via the Seoul Innovation Growth Fund, which launched last year, it will invest across […]
Seven people who allegedly managed a fraudulent crypto investment scheme have been indicted in Taiwan, according to a report by English-language local media FocusTaiwan on Jan. 18. According to the report, citing local prosecutors, the defendants were charged with the violation of Taiwan’s Banking and Multi-Level Marketing Supervision acts. The group was reportedly arrested on June 13 last year for allegedly operating […]