Cryptocurrency

For the first time, the CEO of Tesla, Elon Musk has revealed that his famous aerospace company SpaceX is in possession of a certain amount of Bitcoin, even though he did not reveal the amount of Bitcoins that the company is in possession of. Earlier this year, his other company Tesla had purchased…

According to a statement made by the world’s leading financial solutions provider JP Morgan, A considerable number of their wealth and asset management clients are of the opinion that cryptocurrencies belong to an asset class and based on this belief, they are intending to make investments in…

Cryptocurrency has been in hype since the release of Bitcoin. Now Bitcoin and Ethereum are the top two cryptocurrencies that you can invest in. However, it’s not always safe to invest in digital currencies. Therefore, before stepping your foot into the crypto market, you must have proper knowledge…

As the world around us gets more and more interconnected through new forms of technology, and as it is bringing about revolutionary changes in the way we connect and conduct our lives, we are also becoming increasingly vulnerable to a force that can use the technology of our advancement to maximize…

The popular firm Goldman Sachs reported on Tuesday that Ethereum may soon surpass Bitcoin, eventually replacing it as the next best storage of value in the market. Their analysis stems from the instance that shows Ethereum to have the highest recorded number of real use cases at present. It can…

The local newspapers in Jamaica reported that the National Commercial Bank (NCB) will be launching a pilot project in order to introduce their customers to their digital currency initiative. This initiative should have commenced back in May but due to some unforeseeable circumstances, it was…

The crypto ban in China is getting more serious with every single day. The whole thing began in the form of a warning to the citizens to refrain from using crypto transactions, which in turn forced many of the exchanges to immediately terminate their operations. What followed right after was a…

According to a recent survey, hedge fund executives, wealth managers and investors who are in possession of diverse crypto assets are already seeking to maximize their holdings and buy a lot more. The survey was carried out by Nickel Digital Asset Management, a crypto fund based out of London. The…

The Central Bank of China. Also known as the People’s Bank of China (PBOC) has closed down a software development firm over suspicions of unclear transactions in cryptocurrency. The central bank has gone so far as to advise and even warn other organizations against serving any such crypto based…

Bithumb is the largest crypto exchange in South Korea. Their subsidiaries in Hong Kong have been charged with lawsuits for violation of the contract. Top executives of the company along with the owner himself have been charged for commitment to fraud. These executives are facing charges that cost…

Coinbase which is a cryptocurrency exchange company that is also listed on Nasdaq, is busy constructing an active hub for cryptocurrency in India. The company has revealed that it has a lot of ambition for growth in the crypto hub of SouthEast Asia. Also in due course of time, they will be looking…

Finally, as a token of relief for the crypto businesses in India, the note for the much awaited crypto bill has been finalised, according to a disclosure made by the honorable Finance Minister, Nirmala Sitharaman. She added that the ‘Cryptocurrency and Regulation of Official Digital Currency Bill,…