Solana network has become the 6th largest cryptocurrency project on the global crypto market scale. The blockchain network recently started to gain traction among users after its digital currency wallet application. A few months ago, Solana network introduced Phantom, the first-ever digital currency wallet application for iOS users. Now, the company has managed to introduce…
China last year imposed a nationwide ban on any type of cryptocurrency trading, mining, or advertisement. The South Asian economy proceeded to blacklist the accounts of the cryptocurrency influencers in the country as well. After the ban, Bitcoin miners transferred to other potent locations to continue their businesses. Kazakhstan was transformed into a prime location…
MicroStrategy is on the path to becoming the largest commercial Bitcoin reserve in the world. The transformation was led by MicroStrategy CEO Michael Saylor. To this end, the latest company developments also reflect a continuation of the Bitcoin initiative to become stronger during the upcoming months. A recent letter for the shareholders of the company…
The meme currency Dogecoin is once again in the news about the recent announcement of Tesla CEO Elon Musk about becoming the majority shareholder of Twitter. Musk is responsible for introducing the meme currency on an international scale and setting off a meme coin fever. Musk is also working on other projects besides crypto and…
Celsius is a cryptocurrency lending platform that allows investors to stake their tokens and earn yield. In some ways, the process of cryptocurrency staking is similar to the savings account option, but the yields generated from crypto staking are usually higher in comparison to traditional banking enterprises. According to the latest notification issued by Celsius…
Bitcoin has started to gain more popularity among digital currency investors in the current weeks. Big players like Bitfinex are not bothering to hide their massive Bitcoin purchases. However, the mega Bitcoin acquisition fever has also started to emanate from the trading practices of many other cryptocurrency investors. Last week, Bitcoin prices made a dive…
The index for USD has recently improved significantly. According to the projections of the forex exchange and some economists in the upcoming weeks, dollar prices are going to improve significantly. However, the proponents of Bitcoin are worried that it can spell bad news for their digital currency reserves. Some market analysts believe that the forex…
Do Kwon has assumed a controversial reputation in the cryptocurrency sector after his unsavory encounter with the Securities and Exchange Commission of the United States. His blockchain organization Luna recently reported a massive Bitcoin purchase officially. Luna Foundation Guard Reserve Wallet made a massive transfer of 231,400,000 USDT tokens. According to the on-chain data analytics,…
The circle around cryptocurrencies is becoming more and more constrained in the United Kingdom. However, the Finance Minister’s office in the region has recently shown some confidence in stablecoin projects. The ministry is working to formulate a regulatory framework directed towards stablecoins that can be used as a mode of payment in the region. A…
A new survey result is making rounds on social media sites and gaining a lot of traction among cryptocurrency proponents. The participants of the survey have voted heavily in the favor of crypto tokens as the next big thing in the financial world. However, it is worth noting that the younger generation of people aged…
Any matter that involves money is a serious matter. When you trade online or invest with online companies, you have to make sure to look a variety of factors to trust the company with your money. Even the most trustable and innocent sounding companies can defraud you and take your money away in the name…
The Dutch police recently made two first-of-their-kind raids. The raids were quite unlike any other police activity seen before. The raid aimed to seize the outflow of the NFT series that allegedly contains state confidential information. The police were able to take possession of several blockchain certificates and some cryptocurrency reserves. The local media outlet…
