Tag Archives: News

The Reddit r/bitcoin forum doesn’t seem to be mentioning the bitcoin price much, these days.Reddit Isn’t Helping BTC Much, AnymoreThe bitcoin subreddit has come a long way since 2013. At the time of writing, it’s up to 1.3 million subscribers, which is more than double than the numbers seen during the time of bitcoin’s 2017 all-time high.Nic Carter – a partner at Castle Island Ventures – asked a few years ago on Twitter:Does anyone else remember the ‘bitcoin: magic internet money’ MS Paint ad...

Bitcoin IRA – a company that allows its clients to invest in cryptocurrency units like bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and bitcoin cash (BCH) – is making it easier to retire off one’s digital holdings. The company has announced that all fees will be lowered by a whopping 25 percent now that 2020 has arrived.Bitcoin IRA – Saving You Some MoneyBitcoin seems to go back and forth between mainstream and obscure. For example, yesterday, when the “crypto presidential candidate” Andrew...

After tweeting about a problem with PayPal and SquareCash, the CEO of Coinbase Brian Armstrong has been offered a solution by Ripple-backed Moneygram.Many traditional financial institutions are against the cryptocurrency sector. Unsurprisingly, several of these institutions go out of their way to stifle any transactions passing through their corridor, which has any bearing with cryptocurrency. Another occurrence has happened between PayPal and the Coinbase CEO, which sparked a lot of...

Swedish telecom company Ericsson claims it will be a leader in rolling out the 5G network across the world, though Huawei continues making big progress.Swedish telecom equipment maker Ericsson claims leadership over Chinese giant telecom company Huawei in 5G network rollout across Europe and also in other continents. This was according to a statement from the company during its pre-MWC briefing in London, which happened after the cancellation of the Barcelona Mobile World Congress due to the...

In its new publication, Ripple has pointed out the major problems with remittance in the APAC region and explained how it can solve these problems.Ripple is slowly becoming a force to be reckoned with as far as the international remittance market is concerned. The company is consistently in the news for some of the heavy moves it is making to control cross-border payments. Ripple also has a significant interest in the Asia-Pacific (APAC) region as the remittance market in the area is huge. In...

Binance is extending partnership with Simplex to provide more fiat payment gateways and eliminate traction. The exchange seems to be aiming at global fiat to crypto payments dominance.Binance is adding more and more fiat currencies on its way to global dominance. It’s one of the major exchanges for cryptocurrency novices and pros,Israeli cryptocurrency payments startup Simpex will help the Binance exchange with the handling of fiat payments. Binance announced on Friday that users now can buy...

Xiaomi Mi 10 and Mi 10 Pro 5G phones have been in China. They were expected to make their European debut on February 23 ahead of the big MWC phone show in Barcelona but it was canceled over concerns with the spread of the coronavirus.The fourth-biggest mobile phone producer Chinese Xiaomi launched its new 5G-capable Mi 10 and Mi 10 Pro flagship smartphones. This is a try to recuperate its sales that were declining in the home market for a while. However, the company is going pretty well in...

The U.S. policymakers believe that a digital dollar could have to preserve the primacy of their currency worldwide.The U.S. policymakers have recently been pushing the country to adopt a digital currency that is backed by the dollar. Led by the treasury secretary, Steven Mnuchin and Arkansas Republic Senator, Tom Cotton, they have been very vocal at the U.S. senate-house regarding the digital currency matter.Another important figure pushing for the same is the nominee for the Federal Reserve...

Nissan stock has fallen to the lowest level in 10 years as the company has reported its earnings and is still under the pressure of the scandal surrounding former chairman Carlos Ghosn.Japanese automaker Nissan Motor Co. reported its operating income for the three months ending on December 31, 2019, amounted to ¥22.735 billion (around $207 million), significantly lower than market estimates and falling 78% on an annual basis.Net sales for the third fiscal quarter declined 17% to ¥2.5 trillion...

RBS impressed investors by beating analysts’ profit expectations by around £400m despite subdued growth in the UK economy. RBS stock is quite unstable these days as the company is planning to change its name to Natwest.New Chief Executive of Royal Bank of Scotland Alison Rose disclosed new plans of action for the taxpayer-backed bank on Friday. What is interesting that she added severe cuts on the size of its loss-making investment bank. She also decided to rebrand the company to NatWest.Back...