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Search Results for: btc

Robert Kiyosaki Revealed His Bitcoin Investments With Pension Funds

Robert Kiyosaki says pension funds are the biggest investment in the world. Kiyosaki stated the pension crisis highlighted central banks’ inability to control inflation. Robert Kiyosaki, the well-known author of the best-selling book Rich Dad Poor Dad, has explained his reason for buying bitcoin. Also, he explained how pension funds

October 9, 2022 1 min read

Grayscale’s Large Cap Fund Now Includes Polygon (MATIC)

Bitcoin (BTC) now accounts for 65.12% of the $193 million fund. The fund decided to sell its holdings in XRP after Ripple lawsuit. As part of its quarterly rebalance, top cryptocurrency asset management Grayscale has announced that it would now support Polygon (MATIC) in its large-cap cryptocurrency portfolio. In February

October 8, 2022 1 min read

Reserve Bank of India (RBI) Reveals Upcoming CBDC Plans

The paper provides a concise overview of the rationale for the launch of CBDC. Since its inception, the RBI has been wary of public blockchains and cryptocurrencies. In a 51-page memo released on October 7, the Reserve Bank of India (RBI) detailed the planned characteristics and rationale for the central

October 8, 2022 2 mins read

Markets in Downfall With Massive Liquidity Outdraw

Friday stock market closing depicted around $930 billion liquidity in total. The number of people unemployed or seeking jobs remains 3.5% lower than the projected rate. The global market, both crypto, and the stock have trampled down post the U.S employment rate release. The current rate is alike to the

October 8, 2022 1 min read

Crypto Market Fumbles Post U.S Unemployment Data Release

Pre-market trading saw declines of more than 1% for the S&P 500. Non-farm payrolls in the United States for September came in higher than forecast. When the September non-farm payroll report from the U.S. Bureau of Labor Statistics was made public, the price of bitcoin dropped by more than 4

October 7, 2022 2 mins read

Discounted Tariff For Crypto Mining To Be Eliminated in Norway

The finance minister of Norway, Trygve Slagsvold Vedum, has proposed that the government do away with a programme that gives crypto data centers a discounted cost on power. The Norwegian government made a proposal on Oct. 6 that might affect Bitcoin miners by making data centers in the nation pay

October 7, 2022 1 min read

FTX Branded Visa Debit Cards in 40 Countries –  Crypto Adoptions Are Surging!

As the entire market is witnessing a bearish scale at present, some financial giants are initiating challenging tasks in the crypto industry. Witnessing, digital currencies becoming the future, the payment giant – Visa is building a bridge into crypto space. Further the active engagement of the users in crypto made

October 7, 2022 2 mins read

Bitwise Announces Results of September 2022 Month-End Crypto Index Reconstitution

Uniswap (UNI) re-enters the Bitwise 10 Large Cap Crypto Index; Visa (V) enters the Bitwise Crypto 30 Innovators Index; no changes to the Bitwise Decentralized Finance Crypto Index SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management, today announced the results of the monthly reconstitution of the

October 7, 2022 7 mins read

EU Issues Fresh Sanction on Russia Including Crypto Services

Formerly, Russian citizens were permitted to hold up to 10,000 Euros in crypto. More billionaires, top military leaders, and propagandists have been sanctioned. The European Council of the EU issued the eighth round of sanctions on Russia on Thursday. All cryptocurrency wallets, accounts, and custody services are now illegal for

October 6, 2022 2 mins read

Bitcoin’s Total Network Hashrate Hits an All-time High

The rise in hashrate has coincided with the mining difficulty of Bitcoin reaching a record high. The maximum rate of 321.15 exahashes per second is equivalent to 0.32115 ZH/s. According to data compiled by coinwarz.com, Bitcoin’s overall hashrate reached an all-time high (ATH) on Wednesday, at block height 757,214. The

October 6, 2022 1 min read