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Is there institutional interest for bitcoin, or is this still a retail phenomenon?

The reported volume of bitcoin gives a clear picture of the market. A more exact indicator is the Bitcoin moving to and from particular derivative exchanges. We must understand that institutional investors are at the initial stage and are pouring money into the bitcoin market. However, the retail buyers…

News

OKEx Silence Continues As It Approaches One-Month Since Withdrawal Ban

Crypto markets have been experiencing a positive market outlook since September with the recent bull run taking Bitcoin past 16k in a record high since 2017. Insensitive to what’s happening in the industry, the troubled crypto exchange has maintained a long window of silence. This has resulted in…

News

Tim Draper Remains Bullish On Bitcoin And Reveals Intents To Institutionalize DeFi

Legendary venture capitalist and Bitcoin maximalist Tim Draper blows hot on DeFi, seeks to introduce DeFi into the venture capital business. Leveraging on the incessant printing of the U.S dollar and the rise of the global pandemic, Tim still holds firm to his $250,000 Bitcoin prediction. Since 2018 Tim…

News

What’s Going On with the DeFi Decline?

2020 has been eventful for the entire cryptocurrency industry as the rise of Decentralized Finance(DeFi) products seek to lead financial adoption amidst heavy dependency on the centralized financial sector. But just like every other new sector, the DeFi sector has its own fair share of challenges especially as it…

News

Based On First-Mover Advantage, China’s Digital Yuan Is Likely To Dethrone The U.S Dollar

China has been doing so much when it comes to blockchain adoption and the issuance of its digital Yuan takes precedence among them. As the country looks to strengthen global financial inclusion, a lot of analysts have argued the likelihood of China’s digital Yuan displacing the U.S dollar as…

News

Why Are Companies Converting Their Assets into Bitcoin?

Blockchain or distributed ledger technology (DLT) enables the tokenization of assets through which it is possible to convert physical assets like cash or properties into bitcoins. In a major move, MicroStrategy converted $250 million cash from its balance sheet into 21,454 bitcoins. Similarly, the payments company, Square has converted…

News

JPMorgan’s Stablecoin (JPM) Takes On Commercial Adoption

The past few weeks have been eventful in the cryptocurrency space; Paypal got involved in crypto as Bitcoin rallied past the $13k mark, and now JPM Coin — JPMorgan Chase’s in-house stablecoin has gone live and is now been adopted by major transnational tech companies to facilitate cross-border payment. …

News

Paypal Announces its Plans to List Crypto

Paypal Inc, the global payment giant decided on the 21st of October to announce to the world its intentions to welcome cryptocurrencies for over 300+ million users worldwide. This marks a huge turning point in the journey to mainstream adoption for Bitcoin and other altcoins. The global media has…

News

What is Happening with Bitcoin?

A major bitcoin update in recent times is that PayPal has announced to receive the approval of Bitlicense by NYDFS. Now, the payments giant has launched a new service that will allow users to buy and sell cryptocurrencies through PayPal’s digital wallet. US Government agencies have proposed changes in…

Featured, News

The Rise of BlockFi

BlockFi is a startup established in 2017, which offers crypto lending to bitcoin holders. The company also provides crypto-funded interest accounts. BlockFi launched its first product in January 2018, after raising $1.5 million seed funding from Kenetic Capital and ConsenSys Ventures, and SoFi. The company launched its second product in…

Bitcoin

Is there institutional interest for bitcoin, or is this still a retail phenomenon?

OKEx Silence Continues As It Approaches One-Month Since Withdrawal Ban

Tim Draper Remains Bullish On Bitcoin And Reveals Intents To Institutionalize DeFi

What’s Going On with the DeFi Decline?

Based On First-Mover Advantage, China’s Digital Yuan Is Likely To Dethrone The U.S Dollar

Why Are Companies Converting Their Assets into Bitcoin?

JPMorgan’s Stablecoin (JPM) Takes On Commercial Adoption

Paypal Announces its Plans to List Crypto

What is Happening with Bitcoin?

The Rise of BlockFi

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