Venezuelan President, Nicholas Maduro, has disclosed the details of a ‘surprise digital currency’ he is planning to launch. What Could This Surprise by Nicholas Maduro be? According to a press release on February 24, Maduro promised to revive the economy with a new cryptocurrency. The details on what exactly this surprise remains unclear. The president…
FD7 ventures, a dubai based crypto fund company has decided to sell of Bitcoin worth $750 million in the coming month. The firm came to this conclusion to purchase Cardano and Polkadot. Sell Bitcoin, Buy Altcoins The firm in a report explained that it feels Bitcoin is a “useless investment” and it hopes to rather…
Coinbase, one of the leading cryptocurrency exchanges in the world, is set to go public. The American exchange publicly filed the required NASDAQ paperwork yesterday. This shows a Coinbase IPO is already deep in the works. Coinbase IPO May Arrive in a Few Months Time This filing is a big deal in the cryptocurrency world….
An unknown bitcoin whale who had stored Bitcoin for 11 years has decided to transfer it. The move which analyst characterize as once in a blue moon kind of transfer is a whale move as 100BTC was moved in a day. More Than A Decade Transfer The Bitcoin whale had stashed his wallets with BTC…
CoinShares, a leading digital asset manager in Europe, has just released a new Ethereum ETP. The Ethereum Electronically Traded Product is dubbed ‘CoinShares Physical Ethereum’ and bears the ticker ETHE. Ethereum ETP is Less Risky for Institutions CoinShares made this announcement yesterday via a press release. ETHE is the second product to be launched by…
A report from Crypto.com has revealed that the world’s cryptocurrency user is 106 million. This is a staggering difference from the previously estimated number of 66 million and 100 million in May 2020 and January 2021 respectively. Huge Crypto Growth Parameters The former figures and particularly this recent estimation was done by Crypto.com. It used…
Research carried out by Messari shows that Ethereum might reach a settlement value of $1.6 billion, with the way the coin is going. If ETH eventually reaches the mark, it could represent a huge increase compared to last year. Ethereum quarterly settlement value would have increased more than 12 times compared to the first quarter…
Simplex, is an European Union-licensed Fintech firm. The firm currently incorporates and facilitates more than fifty cryptocurrencies. It also holds an integral part of the Visa Network. The fintech firm has partnered with Opera Browser, one of the world’s most popular browser. This partnership will allow Opera browser users to buy crypto assets straightaway from…
Bitcoin is continuing to go mainstream, as more people now use the coin for transactions. Cash App, a mobile payment service developed by Square, says 1 million new Bitcoin users joined it this January alone. 1 Million new Bitcoin Users in one Month The number was made known to investors and stakeholders during a conference…
Some users of the Philippine Digital Assets Exchange (PDAX exchange) were able to get Bitcoin at an unbelievable price yesterday. Bitcoin was trading at $6,000 yesterday, an office the exchange blames on a glitch. Return BTC or Face Legal Action -PDAX Exchange Although trading was suspended on the exchange yesterday, some users were still able…