Category: Blockchain

Billionaire Carl Icahn, an American business tycoon, revealed that he might get into the cryptocurrency market up to $1.5B in a big way, who was sceptical to Bitcoin-led cryptocurrency before, according to Bloomberg reported Thursday.  As of the 2021 Forbes listing, Carl Icahn, as the founder of Icahn Enterprises (Icahn Enterprises), an investor and former advisor served for Donald Trump’s administration, has

Based on a job listing posted on Tuesday, May 25, Apple Inc., is seeking to hire a business development manager to be in charge of alternative payments, including cryptocurrencies. The new role will be responsible for including screening potential partners, developing “alternative payment” partners, negotiating and signing deals. Also, to develop new programs and features

The Bitcoin (BTC) market has faced both highs and lows so far this year. After breaching the previous record of $20,000 in December 2020, the top cryptocurrency scaled to heights since a twelve-year journey after hitting $64.8k in mid-April. Nevertheless, a sharp correction was imminent because it drove Bitcoin’s price to lows of $30k on

Polygon announced Thursday to launch a direct bridge to Polygon by Ren open protocol, citing its official Twitter. The launch of the new Polygon x RenVM Bridge will support users in moving other virtual currency assets such as BTC directly to Polygon Network, previously known as Matic Network, in a more efficient and lower-cost way. Ren is an

The global cryptocurrency market capitalization was still down by $1.7 trillion after dropping from a high of about $2.6 trillion a few weeks ago. The market’s decline was attributed to some unfavourable narratives contributed, including an environmentally unfriendly mining process. While Bitcoin (BTC) shed off a significant part of its valuation, a recent Glassnode report

Following the recent market crash, Ethereum (ETH) slumped from an all-time high (ATH) of $4,350 to lows of $2,000.  ETH, however, regained some momentum, and the edge was closer to the psychological price of $3,000. Market analyst Lark Davis noted that big money flow was piling in Ethereum’s decentralized finance (DeFi) sector, and this was

American payments giant, Paypal Holdings Inc, will finally enable cryptocurrency withdrawals on its mobile apps for its crypto customers. According to a Reuters report, citing comments from Jose Fernandez da Ponte, the company’s head of crypto and digital currencies business unit, the decision is made to allow its customers the opportunity to withdraw their digital

After hitting lows of $30k, Bitcoin (BTC) was once up 5.45% on Wednesday, trading at $40,278, according to CoinMarketCap. BTC suffered a sharp correction on May 19 as the price fell to around $30,000, resulting in the biggest single-day drop of price, up to 30%. Furthermore, this price drop became the first time BTC had

An increase in illegal coal extraction prompted China’s latest crackdown on cryptocurrency mining. As a result, President Xi Jinping’s administration forced them to crack the whip because these illicit activities endangered people’s lives and undermined the government’s ambitious environmental objectives. Rising demand for coal in China As per the announcement: “Authorities decided to act

U.S. Wyoming Senator Cynthia Lummis has doubled down on her trust in Bitcoin (BTC) as a tool to fight financial freedom. Speaking in an interview with CNBC Squawk Box Tuesday, the Senator noted that Bitcoin could help citizens navigate uncertain financial and economic terrain in countries where the monetary system is unfavorable.  “This is a