A recent survey conducted by peer-to-peer Bitcoin marketplace Paxful shows increasing interest in terms of crypto adoption in India. The study of investors aged between 18 and 55 revealed that 75% of them had invested in cryptocurrencies. Before the Reserve Bank of India (RBI) lifted the crypto ban, Paxful said that trade volume in the […]
CoinGeek Zurich takes a look at the History of Money and Future of Bitcoin
Despite what some laser-eyed zealots might have you believe, Bitcoin wasn’t designed to eliminate central banks from the economic picture, and Bitcoin may one day help banks acquire many tools they currently wish they had. The final panel of Day 1 of the CoinGeek Conference in Zurich featured a lively discussion of The History of […]
What is Tezos?
Tezos is an open-source blockchain network operating based on the proof-of-stake (PoS) consensus mechanism. The blockchain aims to create an ecosystem of interconnected decentralized apps (Dapps) thanks to Tezos’ smart contract capabilities. s the industry’s leading dapp analysis website, DappRadar is excited at the possibilities Tezos brings to the space. As a disruptive blockchain with […]
Moonstake Partners with Uzbekistan Government-licensed Exchange UzNEX by KOBEA Group
SINGAPORE, Jun 9, 2021 – (ACN Newswire) – Moonstake today announces it has entered a partnership with Uzbekistan government-approved cryptocurrency exchange UzNEX that is operated by KOBEA Group, a leading technology firm focused on developing solutions for the digital economy including blockchain. Through this collaboration, the two will focus on developing blockchain community programs as […]
Cryptocurrencies to inevitably play important role in settlements
China is already developing its cryptocurrency, and Russia is also considering this issue, the Russian Foreign Minister added. MOSCOW, June 9. /TASS/. Cryptocurrencies will be definitely used proactively in international settlements, Russian Foreign Minister Sergey Lavrov said on Wednesday. “I think time will inevitably come when cryptocurrencies will play a very significant role, hold a […]
Huawei Continues Crypto Push With Blockchain App Maiar Partnership
Huawei has jumped on the crypto bandwagon…again. Maiar, a blockchain app powered by Elrond Network, today announced that users of the Chinese smartphones can now get immediate access to its crypto wallet. As of today, Maiar is available for Huawei owners on the AppGallery store. The app allows Huawei users to turn their phones into […]
Over $1 Billion in Liquidations as Bitcoin Crashed $4,000 in Hours
The liquidations jumped above $1 billion across all crypto exchanges as BTC and the rest of the market plunged hard. The enhanced volatility in the cryptocurrency market continues to cause pain to leveraged traders with over $1 billion in liquidations in the past 24 hours. The latest price slump came after consecutive days of sideways […]
China blocks cryptocurrency-related accounts on Weibo
Cryptocurrency related accounts in China’s Twitter-like social media platform, Weibo were blocked over the weekend, as the country stepped up a crackdown on Bitcoin trading and mining. According to local reports over the weekend, dozens of cryptocurrency influencers on Weibo have been unable to use their accounts. Weibo greeted other users who visited suspended accounts […]
What Is Blockchain? A Simple Explanation
What is blockchain technology, how does it work, and why is it so important? We provide simple answers to your questions. Blockchains underpin Bitcoin and other cryptocurrencies. But they also have lots of uses outside of payment services. So, what is a blockchain? How do they work? And what can you use a blockchain for? […]
Data Shows Institutional Investors Diversifying Out of Bitcoin and Into Ethereum & Other Altcoins
Bitcoin is the only one to record outflow, that too the largest ever; meanwhile, Ethereum and other cryptocurrencies, especially ADA and DOT, continued to see inflows last week, as per the CoinShares report. Crypto asset investment products registered a net outflow of $50 million last week, the first since October last year and the largest […]
Saxo Starts Crypto FX Trading Amid ‘Strong Demand’ From Clients
(Bloomberg) — Saxo Markets has launched a cryptocurrency offering enabling clients in select markets to trade Bitcoin, Ethereum and Litecoin against the dollar, euro and yen from a single margin account. Clients can trade and hedge both long and short exposure in the three cryptocurrencies, which will be in the form of derivatives and not […]
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