The CEO of Tesla, Elon Musk, confirmed last week that he has not yet sold any of his personal bitcoin in response to the speculations of many that he was just another pump & dump investor. However, on the same note, he confirmed that his company Tesla had sold…
“Intelligent” US traders circumvent regulations, crypto exchanges require a smarter way to deal with such situations Prominent crypto exchanges have started to exit the US market due to unfavourable Crypto regulations Standardized regulations in the US are the only hope for crypto exchanges to serve the US traders The…
Polymarket has a unique approach of operating with its blockchain-based prediction market where investors can bet on the outcomes of future events. Polymarket raised $4 million new funding on Oct.19, 2020, through Polychain Capital. Currently, the company has as many as 15 investors. The website is still in the…
Bitcoin is currently trading at $18677.99 at the time of writing this news piece. Earlier today, the most desired cryptocurrency of all time nearly touched $19,000 as it recorded a 24 hour high at $18778.00 according to Coinmarketcap statistics. This year, Bitcoin has risen a significant amount and now…
US-based popular cryptocurrency firm “Kraken” is all set to open the world’s first digital Special Purpose Depository Institution with the proposed named “Kraken Financials” after getting the approval from the Wyoming Banking Board. Kraken has been consistent in maintaining its name in the list of Top 20 Cryptocurrency exchanges…
The share price of Overstock has witnessed an unprecedented record-breaking rally and stands as one of the best-performing assets in the Covid-19 era with over 3200% gains. Following the company’s decision to issue digital dividends to its shareholders, the share price has assumed a bullish trend. Overstock’s digitally issued…
According to a report obtained from blockchain analytics firm Chainalysis, Cryptocurrencies in general but mainly Tether (USDT) could play a significant role in the current capital flight from the East Asian region as China tightens its stance on the use of cryptocurrencies. Since China’s move to place an embargo…