Tag Archives: News

At press time, Ethereum – the second-largest cryptocurrency by market cap and the number one competitor to bitcoin – has been exploding in price and is expected to shoot past $200 within the next few days.Ethereum Is Growing SuddenlyEthereum has been experiencing great difficulty as of late and is entering “bitcoin status” in that it is now an “old” coin when compared to competitors like EOS and TRON. Even that is something of an understatement considering BTC has experienced solid growth...

Spark Swap, the new crypto startup that raised nearly $4 million in a recent seed funding round, has announced its support for USD, allowing customers to purchase bitcoin units directly through their Lightning wallets. Spark Swap: Harnessing the Power of LightningThe purpose of the funding round was to build a “non-custodial cryptocurrency exchange” atop the ever-popular Lightning Network, which seems to be growing in popularity as of late. Bitcoin is the oldest and most established...

In recent news, Nissan has come out with a new crossover EV which is reportedly going to launch in the second half of 2021. The new electric vehicle will have a driving range of 300 miles and it will accelerate from 0 to 60 mph in just under 5 seconds, which is remarkably fast.While Nissan hasn’t specified any details on how the car would look, experts haven’t wasted any time and already have speculated that the new EV will probably be based on the iMx Concept in 2017. However, the thing...

A new blockchain phone is being released by HTC and Bitcoin.com. What’s special about it? It has a bitcoin cash (BCH) wallet built into it to potentially inspire its customers to get into cryptocurrency usage and trade options. Bitcoin Cash Is Taking OverThe fact that it has a bitcoin cash wallet and not one designed for its parent currency bitcoin makes more sense than one might think. Roger Ver, who owns Bitcoin.com, recently did a 360 when it came to cryptocurrency and, despite several...

Fintech startups across the globe are making massive inroads in the global payments industry. As per the Accenture report titled Banking Pulse Survey: Two Ways To Win, non-banking financial startups will eat 15% share in global payments revenue by 2025. As per the estimates and the growth projections, this share translates to a massive $280 billion.As per the report, the global payments revenue is expected to grow at an annual rate of 5.5%. In 2019 itself, the global payments market is...

Samsung is widely regarded today as one of the best mobile phone manufacturers in the world. When this is narrowed down to the Android Operating System, Samsung very easily tops all of the rest. Every year, the company releases a new phone in its Galaxy S series and also another in the Galaxy Note series.For a while now, many have noted that there isn’t much difference with both lines and there is no need to have two different types. Now according to some speculation, there’s a chance that...

The cryptocurrency market is purported to be a break from the traditional markets, especially because of its decentralization. There is also the fact that global financial policies or unfavorable financial climate, which heavily affects traditional financial assets, do not have the same effects on the digital currency markets. However, even with all the dissimilarities, popular Wall Street strategist Tom Lee has drawn a parallel between the traditional stock market and the cryptocurrency...

Northmill is a Sweden-based fintech company, which, up until now, has been offering cloud-based financial services under the slogan “building the bank of tomorrow.” Since 2017 the company has been working closely with the SFSA to become a fully regulated bank. While some might think that such a rival newcomer can’t do a thing to industry giants like Revolut and N26, Northmill currently offers a consumer-focused product that could lure in potential clients from its competitors.The company...

As per the Financial Times report, members of the Libra Association will have a discussion today with 26 officials from global central banks as well as the Bank of England and the U.S. Federal Reserve. The discussions are likely to happen on the lines of Facebook‘s work on handling global regulations while maintaining absolute transparency and monetary security of Libra users.A European Central Bank’s (ECB) Executive Board member, Benoît Coeuré said that today’s meeting will be held in Basel,...

It seems that this year will be a boom period for Apple Inc. as both high end and low-end spectrums of its phones are having a great reception albeit in two different continents and markets. Feelers coming in from Apples’ preorders in China indicate that the iPhone 11 might just become just the device that Apple needs to drive sales this year. The Chinese market has already chosen the iPhone 11 as the most popular Apple product this year.Natural Attraction or Business Gimmick?Usually, the...