277 Articles 2 Followers
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...
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...
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...
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...
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...
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...
18 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan
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...
18 Nov 2020 1 minute read 3 comments Abhimanyu Krishnan
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...
17 Nov 2020 1 minute read 6 comments Abhimanyu Krishnan
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...
17 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan
Digital asset management firm Grayscale Investments now holds over 500,000 BTC in its Bitcoin Trust, the company announced on Nov. 16. The total holdings is worth roughly $8.35 billion or 2.69% of the total Bitcoin supply; the firm almost doubled it...
