Category: Blockchain

Although Bitcoin has experienced a sharp decline, the price of Binance Coin (BNB) has shown a very strong trend and has not been dragged down with Bitcoin. After reaching a high of $333.71 on February 19, BNB has been in trading sideways for most of the time. On April 6, the cryptocurrency set a new

Millennium Management, a hedge fund with a diverse portfolio and about $48.3 billion assets under management (AUM), has reportedly gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC). According to The Street, who cited two people familiar with the matter, Millennium Management threw its weight on the GBTC with dabbles on arbitrage trading and

The world’s oldest Central Bank, Sweden’s Riksbank, published results of its pilot project for its proposed central bank digital currency, the e-krona. According to the conclusions of the report, the speed at which cash usage has dropped in Sweden could pose a potential problem. This is how a central bank digital currency could come in

Peter Thiel, billionaire investor and PayPal co-founder, has warned that Bitcoin could be a “Chinese financial weapon” used to dethrone the US dollar’s reserve currency status. In a virtual meeting held for members of the Richard Nixon Foundation, Thiel said that assuming that China is a long Bitcoin, the crypto could pose a threat to

As Bitcoin has been hovering around $60,000 for a long time, the bulls have not seen a strong breakthrough at this important pressure level. Investors are taking a wait-and-see attitude towards Bitcoin spot investment. They are shifting their own capital to the altcoin market, which can bring even greater gains.  Bitcoin (BTC) has fallen by

JPMorgan CEO Jamie Dimon addressed the key issues that needed to be improved within the financial sector in his annual letter to his shareholders. Dimon called the year 2020 an “extraordinary year” financially, despite the covid-19 pandemic and the economic turmoil it wrecked. Amid the list of things that would bring financial innovation in the

Following his earlier revealed intentions to face the levied charges, Arthur Hayes, the founder, and former Chief Executive Officer of Seychelles-based crypto-derivatives exchange BitMEX, has turned himself in to United States authorities. The surrender follows accusations that he and other former executives of the exchange violated American banking laws. According to a Bloomberg report, Hayes

Ethereum Classic (ETC) is an open-source, blockchain-based distributed computing platform featuring smart contract functionality. It was officially launched in July 2016 as the hard fork of Ethereum. ETC has experienced a substantial price increase in the past week, with a 55.52% increase on a seven-day basis and a 20.59% increase within 24 hours. Source:Bybt According

Crypto venture capital firm Paradigm, Square, Fidelity Investments, and Coinbase crypto exchange have established a new cryptocurrency council to lobby policymakers to support the rapidly growing crypto industry. The aim of the newly formed trade group “The Crypto Council for Innovation” is to ensure that policymakers understand the significance of the crypto innovation and develop

Coinbase cryptocurrency exchange has released its earnings report ahead of its direct listing next week and the estimates showed a massive growth rate. According to the report, revenue for the quarter ended on March 31, 2021, and came in at $1.8 billion. Revenue is up from $190.6 million in the same period last year. The