Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. The recent study also highlights…
Bitcoin (BTC) bulls were euphoric when the price soared to $69,000 on Nov. 10 because the 14.5% gain accumulated over five days meant they were in for a $715 million profit on Nov. 12’s options expiry. However, the 9% negative price move on Nov. 16 caught bulls by surprise, especially since most of the call (buy) options for Nov. 19…
Tim Massad, who served as chair of the Commodity Futures Trading Commission until 2017, said the United States is too slow in developing a plan to modernize its payment systems. In a Wednesday hearing of the Joint Economic Committee on the role of digital assets in government, Massad said a central bank digital currency, or CBDC, could be one solution…
If putting your name on a basketball arena won’t raise your coin’s price, nothing will. Fortunately for Crypto.com, splashing out a few hundred million on marketing still seems to be good for business, at least so far. The price of Crypto.com Coin (CRO) has risen over 30% in the last 24 hours and has hit an all-time high of just…
Dr. Saifedean Ammous, author of “The Bitcoin Standard” and “The Fiat Standard,” joined Dr. Jordan B. Peterson, clinical psychologist, best-selling author, and host of The JBP Podcast, to discuss money, economics, incentives, decentralization, Bitcoin, and fiat currency. “Learned a lot,” Peterson tweeted, after the conversation with Ammous. “Bought some more bitcoin. Inflation be damned.” Ammous walked through many of the…
Starting Today, Wednesday November 17, transfer VGX into your Coinbase Pro account ahead of trading. Support for VGX will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT), Thursday November 18, if liquidity conditions are met. One of the most common requests we…
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial facilities. State Firms Mining Crypto in China to Face Higher Electricity Bills China’s National Development and Reform Commission (NDRC) announced Tuesday…
Bitcoin (BTC) and Ether (ETH) are testing psychologically important support levels at $60,000 and $4,000 respectively. Both these levels are critical to keep the uptrend intact in the short term. While the fall may scare off leveraged traders, Bitcoin whales seem to be viewing this dip as a buying opportunity. On-chain data shows that the third-largest Bitcoin whale added 207…
In brief Autograph, an NFT platform co-founded by Tom Brady, is releasing new types of sports collectibles after selling out of its initial offerings. The platform is expanding into movies and music verticals, as well, and recently added The Weeknd to its board of directors. Tom Brady has found success both in and out of the NFL, including in the…
The Bitcoin Week is taking place in El Salvador this week, hosting a range of events in the country’s capital. The week’s most prominent event is LABITCONF, the Latin American Bitcoin & Blockchain Conference, which will bring together some of the brightest brains in the Bitcoin community on Thursday, November 18, and Friday, November 19. Another major event, Adopting Bitcoin,…
