Tesla Inc. has announced an investment of $1.5 billion in Bitcoin. This has made the electric automaker the second-largest publicly-traded corporate holder of the digital currency, according to data from bitcointreasuries.org. Is Bitcoin going to become the reserve currency and the best store of value, as mentioned in the last article? Time will tell. Tesla […]
Polkadot’s (DOT) ‚s price reached a new all-time high of $21.13 ahead of the first DOT-based exchange-traded product (ETP) going live today. DOT was trading up 17% up over the past 24 hours. The growth has also kicked off to the sky other coins built on top of the Polkadot ecosystem, followed by EDG, BOT, and […]
Binance, the world’s leading cryptocurrency exchange by trading volume, isn’t happy to just have people buy Bitcoin and other altcoins but it wants to kickstart demand and mainstream adoption by having people use crypto. The global exchange announced today at its virtual event, Binance Blockchain Week, that last Friday, it had sneakily launched a beta version of […]
Synthetix and Deus finance launch silver sXAG, GOLD and TESLA, GAMESTOP tokenized assets as brokerage companies face issues. The silver gained already over 11% in the past day, setting an eight-year high price. Meanwhile, synthetic crypto assets platform Synthetix launched the sXAG token, an ERC-20 issuance that tracks the prices of the metal. This is […]
Al Kelly, Visa chairman, and CEO has hinted that the payment giant could add cryptocurrencies to its list of more than 160 currencies as they could enhance its payment network and create greater access. He predicts a positive future of cryptocurrencies, which is an opposite opinion compared to some years ago. Visa corporation has embraced both blockchain and digital […]
The billionaire has joked about being the CEO of meme coin Dogecoin in the past. Is he changing his focus or is this another funny joke again? It is obvious that these tweets are moving the markets and Bitcoin just pumped by 19 %. Whether Bitcoin’s price rise will continue is not certain. Elon Musk […]
According to data provider CoinMetrics, the number of ETH wallets that hold 10,000 coins and more has shown sharp growth this year, coming close to 1,250 what is slightly below the all-time high seen in 2018. Will Ethereum skyrocket like Bitcoin? It is clearly one of the only fully functioning smart contract platforms on the market and we can […]
Blockchain has revolutionized the transfer of value and allowed anyone not only to participate without permission but also to innovate without permission. The result has been a wild flourishing of different forms of tokenized value, and the birth of an industry — decentralized finance, or “DeFi”. Why is DeFi better than traditional finance? Why don’t […]
Citizens of the Latin American country have faced an ongoing economic crisis for years. The country is burdened by inflation, economic debt, and a falling currency, causing many people to consider Bitcoin as an alternative asset. Bitcoin is finally proving to be a way out since google searches have surged in Argentina in the past […]