Dogecoin is better suited for transactions than Bitcoin, Elon Musk told Time Magazine in a recent interview: The transaction volume of Bitcoin is low, and the cost per transaction is high. It is, …
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The CEO of Mubadala Investment Company: “$240 billion UAE wealth fund will invest in crypto ecosystem”
The CEO and Managing Director of Mubadala Investment Company, Khaldoon Al Mubarak, revealed in an interview with CNBC on December 13 that his organization is considering investing in the “crypto ecosystem.” Mubadala …
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Bloomberg Intelligence expects the U.S. to embrace cryptocurrencies in 2022
A new report by Bloomberg Intelligence projects that the United States might embrace cryptocurrencies by 2022, inspired by recent happenings in the sector. The report dubbed Global Cryptocurrencies: 2022 Outlook notes that the U.S. might …
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The world’s first Bitcoin ETF in Canada buys another $211.6 Million in BTC
Chinese blockchain journalist and blogger Colin Wu has tweeted that Purpose Bitcoin ETF, the first institution of its kind in the country and in the world that was approved by regulators, …
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The first traditional bank in Europe to add Ethereum to its cryptocurrency services
One of the largest banks of Europe has announced that it is going to widen its cryptocurrency trading service offering by adding Ethereum to its portfolio. The big addition will allow the institution to …
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Abu Dhabi’s sovereign wealth fund is investing in the crypto ecosystem
Khaldoon al-Mubarak, CEO of Abu Dhabi’s state-owned fund Mubadala Investment Capital, spoke favorably about cryptocurrencies during his recent interview with CNBC. He claims that the fund is putting money into the crypto ecosystem, singling …
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El Salvador’s Bitcoin City & why it could be an “attractive opportunity”
Ever since Bitcoin was adopted as legal tender in El Salvador, the country has been coming up with innovative ways to integrate it into the economy. So much so that plans to …
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Cardano (ADA) network records significant growth in number of Plutus-based smart contracts
The world’s largest proof-of-stake cryptocurrency network, Cardano, has seen a significant uptick in the number of smart contracts written in its native programming language, Plutus. As highlighted by the Cardano Foundation …
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Shiba Inu accumulation continues as Ethereum whale loads up 99B SHIB tokens
Data from crypto whale tracker WhaleStats indicates that Ethereum whale ”Jiraiya” has just loaded up on 99 billion Shiba Inu tokens worth $3,560,960. Shiba Inu accumulation by whales continues amid the flat …
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Bitcoin is ‘the big winner’ in the congress crypto testimony. Here’s why
With the current debate surrounding regulation being such a hot topic in the cryptocurrency space, many have suggested a more defined regulatory framework would benefit the sector. Speaking to Yahoo Finance …
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