The US uncertain regulatory environment may have forced Circle to move its exchange operations in Bermuda. Circle has obtained a digital asset license to operate in the less restrictive crypto country. In terms of the strategic move, this is what the Circle team said: While many governments around the world have not kept pace with…
Read more
With a fleet of 195 aircrafts servicing over 500 routes, Norwegian Air is one of the giants in the air travel industry in Europe, and now the company will allow its passengers to buy their tickets with none other but Bitcoin. However, the air travel giant is not stopping here - according to Yahoo Finance…
Read more
A constant refrain from crypto skeptics has always been that cryptos and the blockchain technology that supports them enable the criminal element in our society to easily hide their nefarious activities, such as money laundering, drug trafficking, funding terrorism, illegal arms dealing, child pornography, and on and on. Skeptics and criminals, however, have mistakenly believed…
Read more
The CEO of Grayscale Investments, Barry Silbert, is smiling broadly these days over the future prospects of his firm. Recent research by Grayscale, the world’s largest digital currency asset manager with more than $2.6 billion across 10 products under its management, demonstrates that a significant portion of some $68 trillion of wealth in the U.S.…
Read more
At times, Bitcoin can be quite boring, if and when volatility drops and price points move about a significant psychological level for a few weeks at a time. This situation seems to be the case at the moment, but analysts are trying awfully hard to read more into short-term charts to determine the next possible…
Read more
The highly anticipated launch of the Bakkt Bitcoin futures trading platform took a major step forward, on schedule no less, by announcing acceptance testing for its growing list of international paticipants. What was the reaction of Bitcoin prices? They dropped five percent… ? Perhaps, it was a “sell-on-the-news” type of market reaction or possibly something…
Read more
Robinhood is what many now know as probably one of the fastest rising and most successful unicorns of Silicon Valley - or startups that have achieved a valuation of or more than $1 billion. The "no commission" crypto broker rose to fame several years ago when it revolutionised the way people trade and the perception…
Read more
Facebook's Libra is getting traction as the project is going full speed ahead. However, it's not only the regulatory heat that Facebook has to deal with currently. Dozens of fake accounts are now claiming to sell Libra at a discount. The cryptocurrency is not released, yet scammers are all over the place. The information comes…
Read more
As if Facebook and Project Libra do not have enough to worry about after two weeks of vociferous bashings from government officials across the globe, now four separate consumer groups have banded together and penned a letter condemning Libra and urging its 28 members and owners to withdraw from the project. The consortium of consumer…
Read more
Are they done yet? After weeks of hearing every crypto skeptic in town and then some express their unsolicited opinion of Facebook (FB), Project Libra, and, by association, all things crypto, it is time to let the dust settle, take a breather, and assess what valid criticisms lie buried beneath the carnage on the battlefield.…
Read more