Current News
The Central Bank of Nigeria Stands Behind Its Decision to Ban Cryptocurrencies
It isn’t challenging to see how Bitcoin and other digital currencies have broken into mainstream financial markets. Uber, Tesla, and MasterCard are merely a few financial institutions that have recently invested or embraced Bitcoin transactions. The COVID-19 global health crisis brought attention to glaring flaws within traditional financial platforms. Advancing technology has revolutionized the world […]
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Bitcoin Takes Mainstream Market by Storm to Exceed $50K for the First Time Ever
As more institutions plan to implement cryptocurrencies into their platforms, Bitcoin has experienced a wild ride. MasterCard recently announced its intention to integrate Bitcoin into its platform before the end of 2021. MasterCard’s announcement drove Bitcoin’s value, triggering the digital currency to rally on the crypto exchange. On February 16, 2021, Bitcoin finally managed to […]
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Bitcoin’s Value Skyrockets Follow Announcements From MasterCard and BNY Mellon
Bitcoin has experienced unheard of market activity since the 2020 pandemic crippled traditional financial markets. Bitcoin’s value surpassed record-breaking spikes early in 2021, but the digital asset appeared to be in a market bubble. Cryptocurrency platforms have recently become a hot topic of conversation, as multiple centralized institutions attempt to jump on blockchain’s successful bandwagon. […]
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Dogecoin: Journey From Internet Joke to Crypto Competitor
Dogecoin originated from an internet joke, but the digital currency has taken the crypto market by storm. Following trading activity within Robinhood’s platform, Dogecoin grew from a digital joke to a digital giant. The digital token’s original creator has expressed surprise regarding Dogecoin’s popularity surge. As mid-February begins, Dogecoin has reached a market capitalization of […]
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Uber Considering Accepting Bitcoin Payments in 2021
Uber recently explored investing in Bitcoin after losing billions of dollars amid the 2020 COVID pandemic. Uber’s CEO says the company is no longer considering investing in Bitcoin or other cryptocurrencies. However, Uber is in the middle of discussing whether or not to accept Bitcoin as a future payment option. Uber’s Chief Financial Officer believes […]
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Reddit Traders Drive Dogecoin Values Through the Roof
Dogecoin originated from an internet joke, but it has transformed into a crypto market sensation. Since its inception, Dogecoin has traded for mere fractions of a cent on crypto exchange platforms. Dogecoin’s sudden flurry of frantic market activity contributed to Reddit users joining forces to drive up the token’s value. Dogecoin has taken the backseat […]
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Reserve Bank of India to Discuss Banning Private Digital Currency Trades
Centralized banking institutions have recognized the potential of blockchain technology and digital currencies. However, digital currencies created legal loopholes and gray areas that left financial regulators scurrying to rectify the problems. Third-party regulators have pushed forward several attempts to gain control of blockchain’s decentralized exchange platform. The Reserve Bank of India is scheduled to propose […]
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Ripple Submits FOIA Request to the Securities and Exchange Commission
Crypto traders must live under a rock if they haven’t heard about the Securities and Exchange Commission’s recent lawsuit against Ripple’s developers. The majority of crypto exchanges delisted XRP tokens and halted XRP trades after the SEC filed an official lawsuit. Ripple’s Executive Chairmen and CEO will attend a virtual court hearing set for February […]
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SEC’s Lawsuit Triggers Dissolution Actions From Grayscale
Most crypto traders are unaware that XRP’s developer has a virtual court hearing scheduled for February 22, 2021, to face accusations brought forth by the Securities and Exchange Commission. The lawsuit claims Ripple’s Executive Chairman and CEO exchanged XRP tokens as securities totaling more than one billion dollars. Soon after information about the SEC’s lawsuit […]
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Why Professional Poker Players Prefer Crypto
Poker ranks amongst the most popular games in both online and brick and mortar casinos. Table game players prefer poker’s excitement, odds, and return rate, but the ballgame changed when digital currencies entered the scene. During crypto’s early operation years, online casinos opted for web-based financial alternatives to prevent traced transactions. Players living in areas […]
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