Former Director of the National Economic Council of the United States, Lawrence Summers stated cryptocurrencies will feature as the ‘Digital Gold’ and it will remain of prominent importance for the economy. Summer’s Digital Gold Theory Despite Bitcoin (BTC) selling short, Lawrence Summers commented positively upon the entire crypto industry, stating
Brooklyn Nets will allow their fans to buy tickets using digital assets in future. The CEO of Brooklyn Nets has not disclosed the name of crypto exchange. Several sports teams are embracing crypto space. The NBA’s Brooklyn Nets, a professional basketball team, makes its big step into the crypto market
ProtonMail, the highly secured mail platform refuses to sell off its Bitcoins amidst the complete market slump. Bitcoin (BTC) reached the price of about $30,000 just 2 days back. Among this complete fuzz and buzz in the market, many sold off their crypto holdings. Along with BTC, all other altcoins
Cryptocurrency reaches its highest level of search volume in Google trends. The search interest peaked during the week of May 9th- May 15th, due to the fluctuations of bitcoin value. Google Trends tweeted a report showing that cryptocurrency holds more search quantity in recent times and reaches its all-time high
The Economic Times reports, Indian Government reconsiders its opinion on Cryptocurrencies in India rather than imposing a direct ban on crypto assets,Yesterday. The Economic Times exclusively revealed, India formed a new regulatory panel to discuss “outdated” platforms of crypto assets. The committee is created to gather information about Blockchain technology
Caitlin Long, the CEO of Avanti reveals the reason behind the sell-off of other cryptocurrencies and advises traders to avoid risk, on Thursday. The value of stablecoin’s reserves more space in the crypto market leading to more sell-off of other cryptocurrencies and reducing bitcoin price as well. Added to this,
Bitcoin slid below $45,000 for the first time in almost three months Musk hits back at those who criticized his change of posture on Bitcoin. Cryptocurrencies lack a centralized market structure. For the first time in the three months, Bitcoin slid below $45,000 after the billionaire owner of the electric
eBay allows the sale of NFT for digital collectibles. NFT’s have been blown up in popularity by celebrity figures. eBay plans to add cryptocurrency as the payment option in future. eBay allows the purchase and sale of NFT on its platform for digital collectibles like images, videos, and trading cards.
The cryptocurrency market at the moment accounts to more than 2% of the overall money supply globally. This has been made possible by the constant growth of the DeFi market and its platforms. This is a remarkable achievement for the complete crypto industry and market. DeFi paves the way even
Alpha Tauri’s official partner for this season is Fantom(FTM). Fantom logo will be visible on top of halo for the upcoming Monaco and Abu Dhabi Grand Prix. Pierre Gasly continues as Brand ambassador for Fantom. Scuderia Alpha Tauri, the leading Italian racing team, officially announces its partnership with Fantom(FTM) for
