Meta, formerly known as Facebook, is ending its inroads into the cryptocurrency space after reportedly agreeing to sell its digital currency venture Diem Association Sources familiar with the matter state …
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Massive Cardano (ADA) blockchain load continues for over a week now
A lot of significant developments have taken place on the Cardano blockchain in recent months; as a consequence of the network’s expansion, the average blockchain load has been steadily increasing. …
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Putin: “The volatile nature of crypto poses risks to investors, but digital asset mining could be beneficial to Russia”
The President of the Russian Federation – Vladimir Putin – agreed with the country’s central bank that digital assets are highly volatile and pose several risks to the financial network. …
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The current Member of Parliament claims UK can be the home of FinTech and crypto
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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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