Jamie Dimon says BTC is worthless; JPMorgan clients believe otherwise

JPMorgan’s CEO, Jamie Dimon, has come out to bash Bitcoin (BTC) and the crypto industry as a whole again. Dimon shared his opinions during the Institute of International Finance (IIF) annual meeting, a seven-day event that brings together leaders in the financial services industry. In his speech, Dimon said BTC is worthless. However, he pointed […]

The Future: Digital Assets Extend Outside of Bitcoin

Blockchain technology has successfully disrupted the financial sector. Its scope has brought the creation of digital assets such as Bitcoin (BTC), Ethereum (ETH), and other digital assets. However, we are now at a crossroads of where the future lies. We are in an era where the influence of blockchain is hardly seen outside the traditional […]

How CBDCs and DeFi Will Reshape the Future of Money by 2030

The collaboration of central bank digital currencies (CBDCs) and decentralized finance (DeFi) will ensure that money is available in the global market without restrictions. The percentage of unbanked individuals will reduce because there are no age or race restrictions on obtaining and using digital currencies. DeFi is becoming the tool to take away financial power […]

Regulators are Investigating Stablecoin: Could this Bring About Regulatory Clarity?

Regulators are Investigating Stablecoin

Stablecoins are the cornerstone of solving the volatile price swings of cryptocurrencies. For this reason, top stablecoins have seen a surge in valuation on the backdrop of an overall bullish crypto market.  However, stablecoins have recently become the target of regulators in the U.S who have raised concerns about stablecoins being a threatening sector that […]

PTPWallet: Why Businesses Need White Label Cryptocurrency Solutions

The cryptocurrency space is expanding with the increasing individual involvement in crypto. Business owners, startup founders, and companies seek ways to leverage the digital currency community daily. As such, people now seek to build and own their cryptocurrency platforms. While building a cryptocurrency exchange platform from scratch may be expensive, it is cost-effective to leverage […]

Casascius Physical Bitcoins: 20,000 Coins Left Unpeeled

The continuous adoption of Bitcoin is increasing it’s scaritye daily. Meanwhile, its physical equivalent — Casascius physical bitcoins — created by Mike Caldwell between 2011 and 2013 are becoming scarcer than digital bitcoin. We now have less than twenty thousand active bitcoins available for “peel.” Casascius Physical Bitcoins Becoming Scarcer The popularity of Bitcoin as […]

Have a Conversation with Us: SEC Chairman Becoming the Messiah of Crypto Regulations

SEC Chair - Crypto Regulation

Gary Gensler, chairman of SEC, constantly seeks the corporation of crypto firms to initiate crypto regulations that will provide a fair market environment for investors to thrive. He argues that with efficient collaboration, the crypto space will become a haven for investors. Why Gary Gensler Beckons on Crypto Firms for Crypto Regulation The U.S. Securities […]

US Senators call upon SEC Chair to offer crypto regulation guidance

US Senators call upon SEC

Gary Gensler, the Chairman of the US Securities Exchange Commission (SEC), yesterday informed that the regulator is working tirelessly to create crypto rules. Speaking to the Senate Banking Committee, Gensler said the SEC is trying to create a set of regulations that supervise the volatile crypto market while considering the interests of American innovators. According […]

The NFT craze continues as a collection of carton apes nets $24M

The NFT craze continues as a collection of carton apes nets

Renowned auction house Sotheby’s completed the online sale of 101 non-fungible tokens (NFTs) from the Bored Ape Yacht Club collection yesterday. A report disclosed this news after the auction, noting that the collection, which features images of cartoon apes, fetched $24.4 million. This price exceeded Sotheby’s presale estimate of between $12 and $18 million, indicating […]

Exploding Tokenization Power of NFTs – How NFTs Is Tokenizing Everything

Exploding Tokenization Power of NFTs

This disruptive blockchain innovation witnessed a great sales capacity by accounting for about five billion US Dollars NFT sales over the last month. This resulted from the adoption of NFTs across industries and how individuals—and groups—are joining the bandwagon. No one wants to be left out. However, NFTs are creating a wave that allows you […]

Solana (SOL) continues making moon shots; Flips DOGE to take 7th place

Solana

Solana, an open-source project that leverages the permission less nature of the blockchain to offer decentralized finance (DeFi) solutions, has recorded strong performance over the past few weeks. As a result, the network’s native coin SOL has been on a bullish rally that has seen it continue surging even as leading cryptocurrency correct downwards. This […]

Can Crypto Make It to Stock Exchanges?

Crypto Making It to Stock Exchnages

The growing demand for owning a unit of Bitcoin intensifies the need to allow Bitcoin and other cryptos to make entry into stock exchanges. Don’t be caught unaware when cryptocurrency trade on a stock exchange very close to you. Despite the increased adoption rate, this integration faces some challenges. The Dollar Standard Competition The first […]

Vitalik Buterin shares his biggest regret about ETH as the coin inches closer to $4,000

Vitalik Buterin shares

Over the years, Ethereum has grown to become a global settlement network that handles an average of $9 billion in a day. The network is also home to a vast array of decentralized finance (DeFi) applications, smart contracts, and non-fungible tokens (NFTs). However, despite this success, Vitalik Buterin, one of the project’s co-founders, has some […]

Why Crypto Paycheck May Pose Some Challenges and Cause Tax Hiccups

Crypto Paycheck

The recent bullish run of Bitcoin exploded the crypto market and spurred more individual interest in cryptocurrency. Its recent $60,000 price hike helped establish its potency. As a result, businesses are interested in accepting it as payment. This extends to the labor market wherein employees now demand that their payroll be processed as cryptocurrency paycheck. […]

How TikTok Influencer Encourages Massive Cryptocurrency Trading

TikTok Influencer

Understanding the complexity of the cryptocurrency space will save you from burning your capital portfolio. While other TikTok influencers are focused on making enough from their followers, CryptoWendyO is building a community that has undoubtedly impacted them. Who Is CryptoWendyO? The TikTok Female Cryptocurrency Influencer Rochelle, popular known as CryptoWendyO to her community of hundred […]

Companies Increasingly Adding BTC to their Balance Sheets as Blockchain adoption soars

Adding BTC to Balance sheets

A report released last week by auditing firm Deloitte shows that blockchain is increasingly becoming a major pillar for businesses to stay competitive with 73% of the respondents in the report noting concerns about their firms losing a competitive advantage without blockchain adoption. What’s more, 81% of the surveyed financial services believe that blockchain technology […]

Bloomberg’s Analyst Predicted Increased Tether’s Adoption Over Ethereum: Bitcoin Neared Zero Backing on Gold Standards

Bloomberg's Analyst about Bitcoin Nearing Zero

Bitcoin rides the bull market as compared to gold in the commodity market. Despite that other cryptocurrencies (altcoins) may not easily reverse their high prices due to increasing volatility, Bitcoin’s performance trajectory will keep improving because of its firm foundation. This foundation causes crypto expansion into more creation of decentralized exchanges and decentralized finances. Will […]

You Can Now Buy Tesla EV Using Dogecoin and Other Cryptocurrencies: BOTS Inc Announced

Bots_Inc_Allows_Tesla_ev_Buyers_to_Pay_With_Dogecoin_and_Other_

On August 16th, 2021, BOTS Inc. announced that they are now creating a platform to allow car buyers to purchase used Tesla cars with Dogecoin and other cryptocurrencies. This prompted the increasing business opportunities for merchants accepting cryptocurrencies as payments for their products and services. The increasing cryptocurrency popularity is creating a new line to […]

Consumers’ Surge in Using Crypto to Buy Stuff: 60% Wants Crypto Payment Option

60% of Consumers Want to Buy Stuff with Crypto

Despite the restrictions surrounding the acceptance of Bitcoin and cryptocurrencies, holders and non-holders are willing to use cryptocurrency for purchases. A survey conducted by PYMNTS.com reveals that owners, users, and non-holders prefer cryptocurrency payment to the traditional payment methods because of its privacy and untampered security features. This survey reveals that about 60-70% of individuals […]