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Spain’s Second Largest Bank to Offer Crypto Services in 2021

8 Dec 2020 1 minute read 3 comments Abhimanyu Krishnan

BBVA, Spain’s second largest bank, will begin offering cryptocurrency trading and custody services, according to a report from CoinDesk on Dec. 8. Sources told CoinDesk that the bank would offer crypto services out of Switzerland, where regulation f...

Tezos App wins 3 awards in the "Best of Swiss Apps Awards"

7 Dec 2020 2 minute read 2 comments Allen Walters

Ecoo, an application built on Tezos, has received three awards in the "Best of Swiss Apps Awards". The Best of Swiss Apps Awards is a yearly award show which was first held in 2013. This year there were 229 submissions, which have been judged by a 56...

Groceries Are The Next Big Step For Cryptocurrency Retail Market

5 Dec 2020 1 minute read 2 comments XTRM™

Whooooosh... and like that we nearly missed 2020 - a year that has seen some huge changes to the world of cryptocurrency, from the surge in Bitcoin price, record trades, the emergence of DeFi and DAPPS, and the now heating up of Stablecoins to be uti...

Visa Working with Circle to Integrate USDC into Payments Network

3 Dec 2020 1 minute read 1 comment Abhimanyu Krishnan

Visa has partnered with Circle to integrate USDC into its payments network, according to a Forbes report on Dec. 3. Visa announced that it will bring the USDC stablecoin to the 60 million merchants on its payments network The payments firm will not...

Why is South Africa a perfect destination for crypto?

27 Nov 2020 2 minute read 0 comments Giorgi Mikhelidze

Cryptocurrencies such as Bitcoin are becoming increasingly popular in Africa, in part because mobile payments have long been a part of everyday life on the continent. Virtual money has many benefits for a young, tech-savvy population. Africa is at th...

Bitcoin is Now Bigger Than JPMorgan

25 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

Bitcoin’s market cap has reached a new “milestone” -- surpassing investment bank JPMorgan Chase’s market cap on Nov. 23 with a market cap of $356.6 billion.  Bitcoin’s recent rally, which has put it tantalizingly close to its all-time high, has the...

Gold Investor Says that Bitcoin Will Probably Reach $300-500K

25 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

Co-founder of Gold Bullion International, Dan Tapiero, speaking on the Pomp Podcast on Nov. 23, said that he expects Bitcoin to reach six-figure valuations of up to $500,000 within the next 5 years. When asked by Anthony Pompliano about where he saw...

China Bank Halts $3B Blockchain Bond

24 Nov 2020 1 minute read 6 comments Abhimanyu Krishnan

On Nov. 23, China’s second largest bank, the China Construction Bank (CCB), withdrew its listing of $3 billion in debt securities on the blockchain, according to an announcement from partner exchange Fusang. The Fusang exchange said that the CCB had...

PayPal CEO Says Cryptocurrencies Will Have More Utility

24 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

PayPal CEO Dan Schulman, in an interview with CNBC’s Squawk Box on Nov. 23, said that he expects Bitcoin and other cryptocurrencies to be used more as a currency over time. Schulman said that he thinks “that there'll be more utility with cryptocurre...

2020 the decade of hyperbitcoinization begins.

19 Nov 2020 1 minute read 0 comments Galaxie Crypto

2020 is a wonderful year for bitcoin and cryptocurrencies. Development of the DEFI, popularization of bitcoin and other cryptocurrencies, favourable opinion from institutional investors, development of thousands of applications, authorization of stat...