Simple Flying which is an aviation news site released a new report climbing that travelers are using Bitcoin to purchase airline tickets. PrivateFly which is a UK-based charter carrier said on Tuesday that it generated 19% revenue from selling tickets…
Glassnode which is an on-chain analytics provider revealed that Bitcoin miners are increasing and the long-term investors are taking away the profits. Although January has seen good selling from Bitcoin miners, Glassnode reports that the miner outflows have decreased in…
In an interview with CNBS last week, Dan Nathan offered his view on the future of bitcoin. He also spoke about Tesla’s $1.5 billion Bitcoin investment and using it for payments for products. Nathan is the principal of Risk Reversal…
The US SEC commissioner, Hester Peirce urges urgent cryptocurrency regulations, as major companies like Tesla, BNY Mellon, and Mastercard are venturing into Bitcoin and other digital assets. Pierce has been calling up for regulators to generate clear rules that will…
Uber CEO Dara Khosrowshahi said that the company will now accept Bitcoin as a currency. He told CNBC’s Squawk Box that, “Just like we accept all kinds of the local currency, we are going to look at cryptocurrency and/or Bitcoin…
PayPal plans to support cryptocurrencies in the countries beyond the United States. The residents of the United Kingdom can also use the payments platforms to buy and sell cryptocurrencies with additional support services planned to launch. As per the reports…
Some anonymous source who claimed to be a senior Indian Finance Ministry official insisted that crypto will be banned completely in India. Speaking to Bloomberg, the source claims that the ban will be under a new law that will be…
The year 2020 had an adverse effect on the global economy and the traditional financial system. Because of the global pandemic, lockdowns, and global recession, many institutional investors chose cryptocurrencies as an alternative to traditional financial assets. As a result…
St. Louis Federal Reserve, a branch of the United States’ central bank recently published a paper on their website. The paper included the term “DeFi” that was regarding Decentralized Finance. The paper was written by a professor of the University…
When I was in my early 20s, I was drawn to the world of finance. I was a heavy rock musician and a DJ. The (little) money I earned went to small orders to buy shares in local companies. I…
PayPal’s CEO Daniel Schulman stated in an earnings call on February 3, 2021, that the existing financial system is outdated and PayPal will be investing a lot of money in Blockchain Technology and Digital Currencies. He stated, “We all know…
Ethereum rallied 33% in the last five days and the data represents that as this occurred some buyers began to use excessive leverage. It is not something negative, but it should be considered a yellow flag as there will be…