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Tag Archives: News

Jay Clayton: Progress Is Being Made on a Bitcoin ETF

The path towards a bitcoin exchange-traded fund (ETF) hasn’t always been a clear one, and while steps are being taken to ensure things go smoothly, Securities and Exchange Commission (SEC) chairman Jay Clayton says there is still “work left to be done.” Clayton Says the SEC Still Has ConcernsIn a recent interview, Clayton comments that “progress is being made” when it comes to pushing a bitcoin ETF forward, though the SEC’s worries haven’t dissipated completely. There are several companies...

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Apple Admits Its Curiosity in Crypto Is Growing

Apple has admitted to keeping its eye on bitcoin over these past few months, saying it finds the asset “interesting.” Apple and Crypto… Are They Matching Up?Today is the launch of Apple’s new iPhone 11, and company executives say they’ve been watching bitcoin for some time, with serious interest sparking in the currency earlier this year. The company had previously exhibited a mixed reaction towards digital currency units in the past.Last week, Jennifer Bailey – the vice president of Apple...

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iPhone 11 Has Highest Quality Video, Fastest CPU and GPU Ever in Smartphone

After months of anticipation and speculation, Apple finally revealed the latest features at the Steve Jobs Theater.Tim Cook started with Apple TV + and said that first shows will be available on November 1 and there will be Apple originals every month in more than 100 countries at large. The price will be $4.99 per month for the whole family but users will get one year of Apple TV + for free.Long-awaited iPhone 11However,  the most interesting part was a hotly-anticipated presentation of new...

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Bitcoin Is Once Again Down for the Count

So much for bitcoin’s sudden rise to $10,800 last week. The coin was doing so well following a low period of trading in the $9,000 range and now things have returned to “normal” somewhat. While the currency isn’t in the $9,000 range again or lower, it is trading at around $10,180. This is significantly less than where it was, and bitcoin has once again let down all who were expecting a sudden bull run in the coming days.Bitcoin Is Falling Once AgainIt’s getting annoying to see bitcoin fall so...

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Crypto Trading: Please Hold My Hand

The cryptocurrency market is more than a few years old now and is still waxing strong. Bitcoin, the first major decentralized digital asset was released back in 2009 and even though that’s about a decade ago, it might not be a very long time in the grand scheme of things.New innovation always comes with some skepticism and cryptocurrency is no different. With the crypto market, four main factors have been identified as the major factors stifling growth in the market. They are general...

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Facebook’s Libra to Be Tied to Major Fiat Currencies, Except Chinese Yuan

When Facebook unveiled its Libra whitepaper back in June 2019, it already announced that it will be backed by a number of global fiat currencies. However, this time, the social media giant has shared additional details about the Libra’s fiat-pegged options.As per the Bloomberg report, Facebook told the U.S. senators that each Libra token will be supposedly tied to fiat currencies like Euro, Yen, British Pound, U.S. Dollar, and Singapore Dollar. However, the Chinese Yuan is exempted from the...

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Alibaba Founder and Chairman Jack Ma Officially Retires

Prolific Billionaire Jack Ma has stepped down as Chairman of Alibaba. After twenty years which has seen one of the biggest technology giants come from zero to hero, Ma has been one of the defining icons of the technology industry since the early days when no one thought that technology would be either this big or go this far in defining the human existence.He would remain on the board until the next Shareholders Annual General Meeting when it is expected that he will step down from the board...

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Stellar Foundation and Keybase Jointly Launch a $126M Airdrop in XLM

While Ripple has been selling off its XRP asset holdings worth hundreds of millions of dollars, the cofounder is blazing another trail at his present operation. Jed McCaleb’s Stellar Foundation plans to give away almost $126 million in XLM which notably contrasts Ripple’s selling. Keybase users can now chat with their friends and get paid to do it. The Stellar Development Foundation announced on September 9 a 2 billion XLM airdrop.The airdrop is the biggest in Stellar’s 5-year history. In the...

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Tether Launches a New ERC-20 Stablecoin Backed by Chinese Yuan

Tether, the company behind a controversial USDT stablecoin, has announced the launch of a new ERC-20 token based on the Ethereum blockchain. The new stablecoin tagged ‘CNHT’ is pegged directly to the offshore Chinese Yuan (CNH).There are two kinds of national currency in China: offshore yuan is free from the monetary policies established in Beijing and can be traded freely on foreign currency markets, while onshore yuan trading is under control of the Chinese central bank, the People’s Bank...

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100% SSD Web Host GeeksHosted.com Integrates Bitcoin

Photo: GeeksHostedRomania-based web hosting provider GeeksHosted has recently announced a new payment option within its web hosting ecosystem. Now, they are proud to accept Bitcoin hosting, which opens a perfect opportunity to broaden the access to the GeeksHosted range of services, as well as to connect Web 3.0 to the blockchain.According to Catalin Florica, the representative of GeeksHosted, the company’s recent acceptance of Bitcoin hosting will place GeeksHosted among few web hosting...

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