Wed, September 16

Bitcoin (BTC) Reaches $24K Range, Signaling for Bull?

Bitcoin (BTC), the genesis and leading asset in the cryptocurrency market has made its way to $24,000.The last record made on the $24k limit was on June 2022. And the whole crypto market takes it as an indication of the bull run. This price is also the new high in

February 16, 2023 2 mins read

The Matrix Star Keanu Reeves Praises Cryptocurrencies and NFTs

Keanu Reeves, actor of “The Matrix,” has reportedly become a crypto lover. Praising cryptocurrencies as wonderful means for exchanges and distribution of resources. While promoting his new film “John Wick 4” with Wired, Keanu Reeves praised cryptocurrencies. Reeves stated: “I think the principle, the ideas behind an independent currency are

February 15, 2023 1 min read

El Salvador Step Forward to Open Second Bitcoin Embassy in Texas

While the International Monetary Fund (IMF) ‘warned El Salvador’ against boosting the government’s involvement with Bitcoin (BTC), the Central American country plans to open a second “Bitcoin Embassy” in Texas after establishing its first one in Lugano, Switzerland.  According to a Twitter post from Milena Mayorga, El Salvador’s Ambassador to

February 15, 2023 1 min read

U.S Inflation Falls to 6.4% in January as per Recent Release

Near the conclusion of last year, inflation in the United States began to moderate. As the CPI data has been refined over the previous several months, this tendency has been confirmed once again. The 7.1% inflation rate recorded in November was below market forecasts. This trend continued in December when

February 14, 2023 2 mins read

Bakkt Announces Discontinuation of Consumer App as of March 16

Bakkt, a platform for managing digital assets, has now stated it would discontinue its consumer app in favor of interacting directly with companies to provide them “with crypto and loyalty experiences for their customers through SaaS and API solutions.” On March 16th, there will be a final shutdown of the

February 14, 2023 1 min read

Iris Energy Plans Boosting Internal Mining Capacity to 5.5 EH/s

Following a severe cash flow shortfall in the month of November, Iris Energy said on Monday that their hash rate had returned to levels seen before the FTX incident. The Bitcoin mining company plans to boost its internal mining capacity from 2.0 EH/s to 5.5 EH/s during the next several

February 14, 2023 2 mins read

Wirex Collaborates With Payments Giant Visa For Crypto Debit Card

Visa, a leader in digital payments, has announced a collaboration with the cryptocurrency payments app Wirex, allowing the latter to issue cryptocurrency debit cards to customers in more than 40 countries. Today, the two corporations issued a statement formalizing their relationship, marking the beginning of a long-term, worldwide alliance between

February 14, 2023 1 min read

EminiFX CEO Pleads Guilty to $248 Million Fraud as per U.S DOJ

With his guilty plea to commodities fraud in a New York district court. Eddy Alexandre, the apparent CEO of cryptocurrency trading platform EminiFX, agreed to reimburse victims of his “cryptocurrency investment scam” to the tune of millions. On February 10th, the US Department of Justice (DOJ) reported that Alexandre pleaded

February 13, 2023 1 min read

Bitcoin’s Market Cap Might Hit $200 Trillion by 2032

The 2009 Bitcoin prediction of Hal Finney, popularly Bitcoin’s first recipient, is now re-asserted by Adam Back, Founder and CEO of Blockstream, on Twitter. As per his prediction in the tweet thread, in the next 9 years, the price of one Bitcoin (BTC) might ramp up to $10 million. early

February 13, 2023 2 mins read