Category: Blockchain

According to a Reuters report on Tuesday, the Bank Indonesia (BI) is planning to launch its central state digital currency plan-the digital rupiah currency and is evaluating which platform to use in response to the increasingly prosperous cryptocurrency market. Many central banks are now considering developing central bank digital currency (CBDC) to strengthen the pace

Raoul Paul, a popular crypto advocate who doubles as the founder and Chief Executive Officer of Global Macro Investor and Real Vision Group, praised for the broader cryptocurrency industry, following the three-week-long downturn in the market.  Raoul Paul hailed the resilience of the digital currency ecosystem and its ability not to crumble as over $1.02 trillion were wiped

Michael Saylor, Bitcoin bull and MicroStrategy CEO, defended Tuesday the newly established Bitcoin mining council against criticisms that it runs to counter the decentralized nature of Bitcoin.   The news regarding the establishment of the Bitcoin mining council recently caused uproar and encountered criticism. Crypto critics were quick to point out that the formation of such

Coinbase Global Inc said the exchange offered prime brokerage services for institutional customers, Bloomberg reported Tuesday. Coinbase suffered from the recent volatility of the crypto market, which has been fluctuating over the past few weeks. The prime brokerage expansion is the latest effort focused on building out the institutional business. The largest U.S. crypto exchange

Ray Dalio revealed that he personally owns some Bitcoins. The founder and co-chief investment officer of the world’s largest hedge fund firm, Bridgewater Associate, said Monday. In a panel aired during the Consensus 2021 Conference on Monday, May 24, the billionaire investor disclosed that he had purchased some Bitcoins.  “The more we create savings in it, the

Since last week, Elon Musk announced on Twitter that Tesla would no longer accept bitcoin as a payment method because of its energy consumption issues. After his statement, Bitcoin (BTC) and other digital currencies fell sharply, which aroused public concern about the environmental degradation of cryptocurrencies. Bitcoin once fell to $30K on May 19, and

The price of bitcoin (BTC)  rose by about 4% after Elon Musk, the founder and CEO of Tesla Inc., tweeted that he held active conversations with North American Bitcoin miners discussing the sustainability of the cryptocurrency. Bitcoin advanced its value to trade around $39,000 following the tweets on Monday, May 24. The largest cryptocurrency by

According to a study by Alba Heaven, a part-time job information provider, 23.6% of South Korean college students, out of 1,750 people are investing in cryptocurrencies. The survey noted that these students were inclined to invest in this territory based on the global crypto craze experience. Low subscription fees for crypto-investment According to the Alba Heaven report:

According to documents filed with the US Securities and Exchange Commission (SEC) on Tuesday, Globant, an Argentina-based IT and Software Development company, becomes the latest major company to invest a total of $500,000 in Bitcoin in the first quarter of 2021. After the Globant symbol as “GLOB” announcement that it intended to offer and sold

After dropping from the all-time high (ATH) of $64.8k recorded in mid-April, Bitcoin (BTC) was up by 4.8% in the last 24 hours to trade at $38,210 at the time of writing, according to CoinMarketCap. The correlation between Bitcoin and other crypto-assets like Ethereum (ETH) and Litecoin (LTC) is above 60%, as acknowledged by Mira