Thu, September 24

Panamanian Bank Towerbank Turns “Bitcoin-Friendly”

 Bitcoin withdrawn from exchanges can be deposited in the bank accounts.   As of now, the bank does not provide any direct crypto-based services. Towerbank, one of the top banks in Panama, has now joined the list of “crypto-friendly banks” that have voiced their support for Bitcoin adoption. Initially, this information

June 1, 2022 2 mins read

Fidelity Investment Plans To Hire Staff in Bulk for Digital Asset Team

Users may buy, sell, and store large sums of Bitcoin and other digital assets. The platform’s data and applications are stored in the cloud. Blockchain Engineers, Developers, and Programmers are in great demand. As with its Bitcoin custody service, Fidelity is now providing comparable services for Ethereum. As the market

June 1, 2022 1 min read

Central Bank of Russia Welcomes Crypto Payment

A green flag may be given to crypto payments for international trading. The first deputy of CBR thinks ‘usage within the country involves a high-risk factor’. Ksenia Yudaeva, First Deputy Governor of the Central Bank of Russia, made a statement in a press conference saying that Russia is not opposing

June 1, 2022 2 mins read

Ripple Planning to Setup Office in Silicon Valley of India

Many Central Bank Digital Currency (CBDC) initiatives will be under supervision. Ripple has attempted to enter the Indian market before. Blockchain Company Ripple is planning to create an office in the Indian city of Bengaluru. Ripple advertised a new position in Bengaluru: Senior Project Manager, Central Banks in the city.

May 31, 2022 2 mins read

Tim Draper’s Bitcoin Price Prediction 2022

BTC is the hedge against inflation. Trust and freedom can only help in developing the world. Tim Draper, a famous Venture Capitalist (VC) and Bitcoin advocate stated in 2018 that BTC will reach a $250K value by the end of 2022 or early 2023, and he sticks to those words

May 31, 2022 2 mins read

Can Bitcoin Help the US Combat Monetary Inflation?

As inflation began surging up in late March, the growth of the global economy slowed down.  The US Federal Reserve led by Jerome Powell chose to raise the interest rates to combat inflation and restore price stability in their economy. The interest rate hiked to its 22-year high and the

May 31, 2022 2 mins read

CBDT of India Plans to Define NFT Tax Framework to Remove Uncertainties

Tokens like NFT are included in the VDA’s definition regardless of their names.  The government of India now levies a VAT of 18% on crypto exchange transactions. Guidelines on the scope of virtual digital assets are anticipated to be released ahead of the June 15 first due deadline for advance

May 30, 2022 2 mins read

Bitcoin (BTC) Price Rebounds, Giving Investors Sigh of Relief

Bitcoin has been up 4.17% in the last 24 hours. JPMorgan Chase analysts now think that Bitcoin has “significant upside potential”. A 15 percent increase from the 18-month low it struck in the middle of May brought the price of Bitcoin (BTC) back to over $30,000 on May 30. The

May 30, 2022 2 mins read

Bitcoin’s 9th of Week Red Zone

The king of the Crypto market Bitcoin (BTC) still bears haven’t yet left the ground and it  crashed Bitcoin and setting a new 9th week of Red candle in a row.   Bitcoin closed the week in the red and its losing streak set a new nine weeks Red candles record.

May 30, 2022 1 min read

Bank of Russia Speeds Up Ruble’s Digital Counterpart Launch

Russian central bank had initially planned to begin the digital ruble pilot. Digital ruble wallets were established using mobile applications. Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the ruble’s digital counterpart, Forbes reported in Russian, citing CBR First Deputy

May 30, 2022 2 mins read