October 24th, Binance, the world biggest cryptocurrency exchange in terms of trade volume has launched its crypto-fiat exchange in Uganda, according to official announced on Medium. Users would be enabled to buy Bitcoin and Ethereum, the two biggest cryptocurrencies in the world, with Ugandan shillings through the company’s trading platform. The company stated that… Read More »
As per a recent report published by MarketsandMarkets, it shows that by the year 2024 the cryptocurrency market shall grow into a $1.4 billion industry. The research group forecasts a 6.18% annual growth for the digital assets space. As per the reports, the main driving forces behind the growth would be high remittances in developing… Read More »
Earlier in the week, one of the most prominent figures in the tech and motor industry, Elon Musk, the founder of SpaceX and Tesla, went on to make a rather interesting tweet about bitcoin that has send the entire social media and cryptocurrency community into jubilance and got people wondering, perhaps Bitcoin is much more… Read More »
In the most recent episode of popular reality T.V show, Shark Tank, An automatic cryptocurrency buying app that rounds up everyday purchases receives a $100,000 investment from the one and only Mr Wonderful. Similar to an Acorns-like service for cryptocurrency, Bundil permits its users to invest their spare change from daily debit or credit card… Read More »
The Spanish government has drafted a law which forces its citizens to declare their cryptocurrency they hold. This law was put forward by the Ministry of Finance which was approved on the 19th of October as reported by ABC Economica. Spanish cryptocurrency holder would be breaking the law if they do not declare their holding… Read More »
In a bid to establish more ground rules in the quickly evolving asset class, Two of the largest cryptocurrency companies, Circle and Coinbase announced that they would be joining forces. On Tuesday, October 23rd, a joint venture known as the “CENTRE Consortium” was unveiled by both Start-ups. Both cryptocurrency companies stated the aim through this… Read More »
Coinbase, a San Francisco based digital currency exchange got its application for a wholly owned subsidiary called Coinbase Global Inc. approved to provide its services as a limited trust company. On Tuesday, 22nd October, Maria Vullo a Financial Services Superintendent made an announcement that the New York State Department of Financial Services (DFS) had approved… Read More »
On October 18th a new cryptocurrency mining facility opened in Armenia and according to the reports from a local media, the new $50 million mining farm would mine for Bitcoin and Ethereum using 3,000 mining machines. Around 120,000 more mining machines would be added to the farm in the coming months. Multi Group Concern,… Read More »
Ever since Fortnite was introduced, it has arguably become the most sort after multi-player battle royale game, so much that player’s such as Tyler Blevins aka Ninja have gone on to make a living out of it. A recent data published by research firm SensorTower showed that Fortnite has made nearly $300 million since its… Read More »
In his latest comments about bitcoin, Spencer Bogart, an expert from the blockchain and cryptocurrency venture firm Blockchain Capital claims that the cryptocurrency is supposedly ”close to bottoming.” Bogart made these comments on Friday, in CNBC’s segment ”Fast Money”, during which he went on to make an argument stating that Bitcoin’s gains in price against… Read More »