As the price value of Bitcoin is booming, the mining revenue also jumps. The daily mining revenue has reached its highest position of $33 million in a single day. The primary catalyst…
Author: Christian Klausen
Bitcoin has a Long Way to Go before Going into “Overheated” Zone
Yesterday, Bitcoin’s price touched the all-time high of $36,000. But that position did not survive for a long time as a bearish blow caused the price to fall. Throughout the day, the…
Five Top Stocks that Outshined Bitcoin in Yearly Performance
It seems that Bitcoin is the most profitable trading instrument of 2020 but it is not correct as few stocks have even outshined the top digital asset in the year to date…
Rumor of PayPal’s Acquisition of BitGo Drops
The deal between giant payment company PayPal and prominent custodian BitGo did not become successful. As a result of a failed deal, PayPal will have to acquire another crypto company for custody…
Pantera Capital CEO: ‘Bitcoin Shortage’ is Pushing the Price Upward
Besides billionaires’ positive comments over Bitcoin, the top executives of the investment companies have also expressed their opinions about the world’s leading digital currency. Institutional Players are Responsible for BTC Shortage Dan…
XRP’s Price Plunges after SEC’s Action against Ripple
Ripple company is now facing severe charges from the US Securities and Exchange Commission for unregulated securities offerings worth more than $1.3 billion. Over SEC’s action, the price value of XRP faces…
P2P Bitcoin Company Paxful is Building Schools in Africa with Crypto Funds
Giant Bitcoin peer-to-peer marketplace Paxful is building schools in Africa with crypto funds. The goal is to equip African people with advanced education to make the world a better place. Mission to…
Bitfinex Announces Personal Loans in Bitcoin and Ethereum
Cryptocurrency exchange Bitfinex announces personal loans in the top two digital currencies, Bitcoin and Ethereum. The new product is launched over its peer-to-peer lending site Bitfinex Borrow. People can now easily get…
Chicago Mercantile Exchange Group Announces to Launch ETH Futures by February 2021
Prominent BTC futures trading platform CME Group is planning to offer derivative products of Ethereum, the second-largest cryptocurrency by market cap. After the launch of Ethereum futures, investors will get an opportunity…
As Bitcoin Registers New All-Time High, Users are Facing Issues in Logging with Binance and Coinbase
Users of the crypto exchanges, Binance and Coinbase, were unable to sign in with the platforms as a result of technical issues after Bitcoin surpassed $20,000. For the first time in the…
Bank of France Plans for Eight Experiments to Study Digital Currency
The Bank of France unveils that it will launch 8 different experimental tests for central bank digital currency. The European countries have increased their pace of developing a digital currency to meet…
Google Services Went Down but Bitcoin Remained Functional
Today, the services of Google and YouTube have affected largely in various parts of the world. Users from Europe and the United States faced difficulties in using YouTube, Gmail, and Google Docs….
Oldest Bank in Germany will Launch Cryptocurrency Fund in January 2021
A German bank with a history of two centuries is going to launch a cryptocurrency fund for institutional investors. The semi-institutional investors can also enjoy the crypto fund of Hauck & Aufhäuser….
Online E-commerce Giant of China makes it Possible for Customers to Purchase Items with Digital Currency
As the Chinese cryptocurrency, digital yuan is showing aggressive performance, the e-commerce giants in China have started to give it a warm welcome. As reported by Bloomberg, the second-most prominent e-commerce giant…
Bitcoin has an Ability to Become a Global Asset, says CEO of the World’s Largest Asset Fund Manager
It is very interesting that those who were having negative sentiments for Bitcoin are now praising it. In his latest talk with the former governor of the Bank of England, Larry Fink,…
JPMorgan Partners with Russia’s Prominent Financial Giant in Crypto Experimental Project
A prominent lender in Russia called Sberbank is planning to create its own cryptocurrency in 2021 as it has made a partnership with JP Morgan, one of the largest banks in the…
How Ethereum Would Witness New All-Time High?
At press time, the price value of the second-largest coin, Ethereum, is standing at $550 after a surge of 6.43% over the last 24-hours. Important Psychological Level: $550 The market analysts or…