Tag Archives: News

Tim Draper has always been a huge bitcoin advocate, but in a recent interview, he explains why he’s so convinced BTC is headed for the stars and beyond.Draper Says the Lightning Network Will Do Great ThingsIn the past, Draper has stated that bitcoin is likely to hit $250,000 by the time 2022 rolls along. He later altered his prediction a bit to suggest that this figure would instead be reached in the early months of 2023, thereby pushing things back somewhat. However, he stands by his...

The crypto world is seeing a huge influx of gold-backed stable currencies, and now Tether is adding a new one to the mix.Tether Is Getting Involved in GoldThe world could see the new “Tether Gold” cryptocurrency by the time Christmas rolls around this year. What is it about Christmas that seems to bring either great renown or floor-scraping gutter waves to the crypto space?Remember in 2017 during the holiday season when the number one cryptocurrency by market cap (we’re talking about bitcoin)...

You better watch out. You better not cry… If you use crypto and live in Shanghai…Shanghai Seeks to Shut Down Crypto BusinessesAs we get ready for the upcoming holiday season and familiar carols roll through our heads, so do thoughts of crypto, and in China, the digital currency industry is taking another blow to the gut. The government of Shanghai has announced that it will be looking into all cryptocurrency-related activities – such as tokens and trading – to see which crypto businesses need...

Tom Lee has always been very adamant about bitcoin, but in a recent interview, he says that the space is way too small for a bitcoin-based exchange-traded fund (ETF) to work.Lee: Now Just Isn’t the TimeThere have been many attempts to get cryptocurrency ETFs approved over the past several years, but none have been successful. One of the ETF proposals that many believed would really pave the way for future bitcoin and blockchain-based products was the ETF application submitted by Van Eck Solid...

Over the years, the iGaming industry has gained quite the reputation; and with its rapidly evolving ecosystem being latently influenced by the emergence of technologies such as the blockchain, the growth potential looks almost limitless. However, the industry is still being plagued by entities that limit gaming experience – a subject the DAOBet platform is wholly devoted to redefining with its newly-launched blockchain.DAOBet, an iGaming 3.0 blockchain layer, aims to maximize the...

As 2019 comes to an end, car lovers will be in for a bit of a treat. Ford (NYSE 8.95) was due to premiere a new fully-electric crossover SUV on November 17, 2019, just as we have already reported. But details and pictures of the new vehicles have leaked a few days early and this gives customers a chance to get a glimpse of Ford’s latest offering. This new model is called Mach-E and the leak comes from screenshots from the Ford website and also has the details on the pricing, configuration,...

Traditional markets and indexes are currently hitting new records. In one such first-ever milestone, the Dow Jones Industrial Average rallied to a record 28,000 plus levels on Friday. The rally comes amidst waning tensions in the U.S.-China trade war with the hope of reaching a trade deal between the two economic powerhouses.On Friday, November 15, Dow Jones’s 30-stock average climbed 222.93 points at 28,004. In just the last four months, the Dow Jones price index has surged by 1000 points....

Microsoft co-founder Bill Gates has taken over Amazon founder Jeff Bezos as the world’s wealthiest person. The Bloomberg billionaires index, which tracks the net worth of the world’s wealthiest, has indicated that Gates has overtaken Bezos based on an over 40% increase in his 1% stake in technology giant Microsoft and his investments in his family office Cascade. For the first time in two years, Gates has taken over the top spot after reports emerged that the United States Department of...

In what seems like a story out of spy movies, the Russian service of the British Broadcasting Corporation (BBC) has allegedly linked about $450 million of missing crypto assets from the long moribund cryptocurrency exchange Wex with to Russia Federal Security Bureau (FSB).The BBC has for six years been investigating the collapse of BTC-e which many have believed was a front for the alleged laundering of over $4 billion worth of Bitcoins and why Alexander Vinnik is being accused of the same....

Crypto.com, a financial services provider based in Hong Kong, has launched a new cryptocurrency exchange that will allow people to sell, buy and trade up to nine different cryptocurrencies.Crypto.com Brings a Whole New Side to TradingThe Crypto.com platform has greatly expanded over the previous year. Customers can attach their digital wallets to Visa cards so they can quickly purchase crypto or add new coins to their stashes. The company also offers staking rewards, allowing people to earn...