With the fast expansion of cryptocurrencies worldwide, and as more governments ponder regulating them, the UK has entered the fray. Speaking to MP’s in the House of Commons on January 26, the …
MoreCategory: General
Bitcoin (BTC) topped at $39,000, crypto markets lost $100 billion following Fed’s meeting
Bitcoin’s run-up was halted at around $39,000 after the Federal Reserve announced it will increase the interest rates in March this year. The altcoins, which were also heading north, dropped …
More
Elon Musk’s electric vehicle giant has made no changes to its Bitcoin holdings in Q4 2021
The financial statements published by Tesla in regards to its Q4 2021 performance indicated that the firm’s BTC position had remained the same, worth approximately $1.26 billion. It was roughly …
More
Almost $3 billion worth of Bitcoin moved away from exchanges, but there is enough selling pressure
Almost $3 billion worth of Bitcoins had been removed by traders from various centralized exchanges as the first cryptocurrency’s price spiked up to $39,000 as the Fed left the key rate in the country …
More
YouTube head of gaming Ryan Wyatt is going to resign & join Polygon Studios as CEO
On Tuesday, Ryan Wyatt, head of gaming at YouTube, announced he would be leaving the video-sharing platform in February. Partly due to his leadership, YouTube Gaming sees over 250 million …
More
Bank of America crypto strategists say stablecoin adoption and CBDC is ‘inevitable’
It appears that the United States will finally be moving forward to create its own central bank digital currency (CBDC), according to the Bank of America. Bank of America crypto …
More
The Biden administration might unveil an executive order on cryptocurrencies shortly
The Biden administration is reportedly working on an executive order emphasizing potential economic, regulatory, and national security challenges that cryptocurrencies might pose in the future. Per the Bloomberg report, the White House is formulating …
More
NFTs could be another revenue stream for YouTube creators, according to the CEO
YouTube may incorporate non-fungible tokens onto its platform in the future, the video hosting platform’s CEO Susan Wojcicki said in a letter on Tuesday. “We’re always focused on expanding the YouTube ecosystem …
More
Smart contracts on Cardano (ADA) are on the brink of reaching 1,000
The update to the Cardano network in September 2021, which included the addition of smart contract functionality, has seen tremendous growth, enhancing the platform’s ability to compete with its larger …
More
MicroStrategy intends to continue investing in Bitcoin (BTC) no matter what
Although the value of Bitcoin has fallen significantly in recent months, MicroStrategy intends to continue investing in the digital asset, despite a recommendation by the U.S. securities agency to amend the …
More