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Elon Musk, the legendary electric carmaker, has sounded the market about moving “large transactions” from the balance sheet of Tesla, Inc. to Bitcoin. This was brought out in a Twitter exchange with Michael Saylor, CEO of Microstrategy Inc. Michael is a prominent player in the digital currency field and has…
Avalanche continues to expand liquidity as it launches TrueUSD, the first Stablecoin of USD fiat currency in its DeFi Ecosystem. Avalanche will launch the top five stable coins, backed with fiat currency by market cap, in the first quarter of 2021. (TUSD) TrueUSD, the trustworthy and commonly used stablecoin, is…
Warren Buffet has always opposed the investment in solid gold by saying multiple negative comments. Once he stated that gold’s value is nothing in the vault, it depends upon the market’s wish to protect or destroy its worth. He has always believed that gold is an unproductive asset, though it…
EOS was priced $2.76 on December 7, 2019, with an upward movement. The coin dropped to $2.71 the next day. Then, the currency managed to rise upwards and reach $2.78 on the same day despite the marginal fall. On December 9, 2019, EOS coin got traded at $2.75 post, which,…
Alex Krüger, a popular economist whose prime focus is on cryptocurrencies, has recently claimed that the price hike in Bitcoin is not driven by the retail buyer but by a bunch of large players who started buying the coins systematically. He also stated that the clues to it can be…
These are the relatively better day for the crypto community across the world, especially for Bitcoin lovers. Last year, the market was nothing but tragedy and but now, the situation seems to be charging. Bitcoin has flexed its muscles and has surged past the resistance level of $6,000 for the…
The Singapore based blockchain company Ontology has disclosed its plan to launch Paxos Standard (PAX) on its blockchain. PAX is a Stablecoin backed by USD. They are planning for the launch of May as per the reports surfaced on 27th of April. ONT will get benefits of this launch on…
Biggest auto manufacturer of Britain, Jaguar Land Rover, announced on Monday that it is currently verifying software that will allow its car drivers to receive the IOTA cryptocurrency as compensation for sharing the information. The auto manufacturing company is currently designing a technology ‘smart wallet’, it will be deployed in…
Crypto and blockchain space, being a nascent industry, there is a lot of scope for innovation, experiment, and creativity. Businesspeople and developers are leveraging this scope to come up with different ideas/products. There is one American cigarette, and tobacco MNC named Philip Morris International which sells products in more than…
In today’s world, almost 2,000 of digital currencies are available in the crypto space and Bitcoin is the first cryptocurrency is widely adopted and popular in the market. Bitcoin due to its popularity has been used by criminals and hackers to carry illegal activities and should not be a big…
