Bitcoin, despite being only 10 years old, has already left its mark on a lot of prominent and influential people. Elon Musk, who’s arguably one of the best-known and popular entrepreneurs in the whole world, has mentioned it again. And, moreover, staying completely true to his usual self, his statement could mean one of many different things.Bitcoin Is Not My Safe Word: Musk SaysElon Musk is the founder of PayPal, one of the world’s largest payment processors. He’s also the founder and CEO at...
Read More »TRON Overtakes EOS For Active DApps: Ethereum Still Leading The Category
When it comes to the massive adoption of cryptocurrencies and blockchain-based technology, decentralized applications (DApps) are considered as one of the pathways to it. According to a recent report, 2019 has seen a serious number of new DApps coming out. More interestingly, though, TRON has managed to establish itself as the second most-used platform for developers, overtaking EOS. Yet, Ethereum remains the uncontested leader in the category.TRON Overtakes EOS For Active DAppsA recent...
Read More »Ripple Partners With Thailand’s Oldest Bank To Work On Cross-Border Payments
Ripple is looking to expand its presence in Asia, forming a new partnership with Siam Commercial Bank. The latter will reportedly develop a new type of mobile application for faster and cheaper cross-border payments, which will run on Ripple.Ripple Partners With SCBRipple recently announced its newest partnership with Thailand’s oldest bank – Sian Commercial Bank (SCB). According to it, the latter will create an application running on Ripple, dubbed SCB Easy, which will be used for low-cost...
Read More »ECB Looks Into Launching Own Cryptocurrency, Won’t Interfere With Private Stablecoins, President Says
The European Central Bank is considering the launch of its own CBDC, according to the bank’s President – Christine Lagarde. She indicates in a recent interview that they need to adjust to this changing world and that the bank will not interfere with any private companies in coming up with a similar digital form of payment.ECB’s Plans For Its Own CBDCThe President of the European Central Bank, Christine Lagarde, recently had an interview where she spoke about numerous financial topics,...
Read More »Former Bakkt CEO Kelly Loeffler Appointed At CFTC Committee
Kelly Loeffler, the former CEO of Bakkt, has recently taken a seat in the U.S. Senate for the state of Georgia. Reports have it, though, that she is also assigned to serve on the Senate Agriculture Committee with the CFTC. Given that her husband is the CEO of the Intercontinental Exchange (ICE), this could raise concerns about a potential conflict of interest.Bakkt’s Former CEO Sits In A CFTC CommitteeKelly Loeffler quickly became one of the most influential people within the cryptocurrency...
Read More »Bitcoin Safe Heaven: Correlating With Gold and Oil Following Recent Iran-US Clash
News keeps coming from the Middle East, as the US recently announced that the general of the Iranian Revolutionary Guard’s Quds Force, Qasem Soleimani, has been killed in an airstrike. In retaliation, Iran launched missiles at two US military bases in Iraq. Amid all this, the prices of oil, gold, and Bitcoin, surged. Is there any correlation?Iran Versus the U.S.Last week, the President of the United States ordered an airstrike at Baghdad’s airport, which killed the head of the Iranian...
Read More »As Australia Burns, Binance Donates $1 Million Worth Of BNB
Australia is in severe pain as massive bushfires spread across the country with a staggering 10 million hectares of land consumed by the ferocious flames, leaving at least 2500 buildings destroyed and 25 people and 500 million animals dead.Binance To Help With Australia’s DistressMany institutions and people from around the world, including foreign governments, private institutions, celebrities, and everyday people, have responded to the country’s current situation by offering prayers,...
Read More »Bitcoin Spikes To $8,400 As US-Iran Clash Intensifies, Altcoins Crashing: Daily Market Watch
Bitcoin’s price went on a rampage. Just five days ago, it was trading at around $6,850, and today, it went over $8,400 to settle at where it currently trades at around $8,270. With an increase of around 5% for the past 24 hours, Bitcoin seems to mark a good start to yet another year. As Cryptopotato reported, $8,400 was a significant resistance and we have yet to see a definitive close above it. Should that level fall, the next one to look forward to is $8,650. BTC/USD. Source:...
Read More »Telegram Won’t Have To Show The SEC Its Bank Accounts, Court Rules
Telegram appears to have caught a break with the recent case filed by the U.S. Securities and Exchange Commission (SEC). The company recently refused to share its financial records with the market regulator, and now the New York court has ruled against SEC’s demand.SEC Request DeniedThis year started on the wrong foot for Telegram, as the SEC recently requested the firm’s financial records to explain what it did with the $1.7 billion raised for the TON blockchain. As Cryptopotato reported,...
Read More »Japan’s SBI and GMO To Cooperate With The World’s Largest Bitcoin Mine
Two of the largest corporations in Japan, SBI Holdings and GMO Internet Inc., have found their way into the bitcoin mining sector through a connection with Frankfurt-based company and owner of the world’s largest Bitcoin mine, Northern Bitcoin AG. According to Bloomberg, an agreement between the two Japanese firms and Whinstone Inc., a subsidiary of Northern Bitcoin AG, will enable SBI and GMO to start their mining operations in the coming months by using rented capacity at Northern Bitcoin’s...
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