Inflows of cash into the crypto market has been on the rampage as more institutional demand for cryptographic money is on a geosmetric progression. MercadoLibre, an Argentina e-commerce giant that is listed on NASDAQ bought bitcoin as part of its treasury. MercadoLibre disclosed the following information, “As part of our…

NYDIG partnered with Fintech giant Fidelity National Information Services to enable U.S. banks to offer her customer to be able to make bitcoin transactions. From official press release, NYDIG said that, “What we’re doing is making it simple for American and corporations to be able to buy bitcoin through their…

Yesterday, Nexon, a South Korean-Japanese video game publisher made a public statement that the company has made a purchase of 1,717 bitcoins at an average price of around $58,226. The total worth of bitcoin was valued at $100 million at the time of purchase . Nexon joined the lites of…

From sources, Iran’s Central Bank now allowed the Country’s Financial Institutions to use Cryptocurrency, derived from Sanctioned miners, to pay for imports. This will enable the local exchanges in IRAN to process payment for goods and services within the country and also to have clear and transparent transactions with the…

In 2017, JPMorgan CEO Jamie Dimon called bitcoin a dangerous fraud, threatening his employee to be “fired in a second” if any trader who touched the stuff. “If you’re stupid enough to buy it, you’ll pay the price for it one day,” After making this incenting statement that tumbled the…

Last week, the crypto market experienced its worst week of trading after it rallied to all time high of $2.29 trillion market capitalization. Thursday, 22nd April, the United State president Joe Biden administration was set consider raising tax on capital gains to 39.6% …

Over $1.55 billion worth in Bitcoin options are set to expire on 23rd of April. From several option contract expiration in trading financial instrument, it has been a norm that when the derivatives gets expired, the market do experience some sort of turbulence prior to the set day . Risk…

The PayPal-owned platform Venmo now allows people to buy, hold and sell four leading cryptocurrencies via its mobile app, starting yesterday. The app will support Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Darrell Esch, senior vice president and general manager of Venmo, stated that, “No matter where you are in your…

TIME Magazine, a global media brand that reaches a combined audience of more than 100 million around the world now accepts Bitcoin and other cryptocurrencies for digital subscriptions. This announcement was published in the official website of the firm. From a fundamental perspective, digital asset will gain more public awareness…