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Visa Working with Circle to Integrate USDC into Payments Network

3 Dec 2020 1 minute read 1 comment author_nan

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 author_nan

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 author_nan

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 author_nan

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 author_nan

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...

Mexican Magnate Worth $11B Reveals His Portfolio is 10% in Bitcoin

18 Nov 2020 1 minute read 2 comments author_nan

Mexican billionaire Ricardo Salinas Pliego tweeted on Nov. 18 that 10% of his liquid assets was in Bitcoin, making him yet another billionaire to reveal he had invested in the asset. Pliego’s tweet was a recommendation on his favorite book, “The Bit...

Ray Dalio Says Asks Community to Correct Him on Bitcoin

18 Nov 2020 1 minute read 3 comments author_nan

Bridgewater Associates hedge fund manager Ray Dalio, a prominent Bitcoin critic, said that he “would love to be corrected” about his views on the asset, and asked Twitter on Nov. 13 to offer arguments in favor of it. Dalio said that he might be "mis...

Skype Co-Founder Keeps His Money in Crypto

17 Nov 2020 1 minute read 6 comments author_nan

Skype co-founder Jaan Tallinn, in an interview with Fortune published on Nov. 13, said that he stores most of his wealth in cryptocurrencies. Tallinn, now an investor in the European startup scene, told Fortune that most of his personal wealth was i...