Entries by adminrd

Cardano: Another crypto that strikes the market

Cardano (ADA) has pushed past the psychologically important $0.50 barrier amid high buying interest from investors. Launched in December, Cardano’s third phase “Goguen” was focused on the integration of smart contracts into the blockchain.  Cardano’s market cap is near touching $20 billion in market capitalization and is behind only Bitcoin (BTC), Ethereum, and Tether (USDT) […]

A business unit dedicated to cryptocurrency in Paypal

Paypal is introducing a new business unit devoted to cryptocurrency services, what was announced by Daniel Schulman, the company chief executive officer, this week. Schulman said the current financial system is obsolete and that his company will be spending a lot of money into blockchain and digital currencies. Schulman explained: ‘We all know the current […]

All Tifon gas stations in Croatia now accept cryptocurrencies!

Forty-six Tifon gas stations around Croatia have apparently begun accepting cryptocurrency payments. Utilizing payment processor Paycek, consumers can pay with a number of cryptocurrencies, as well as bitcoin and ether. Paycek, a service by Croatian fintech startup Electrocoin, will process crypto payments for Tifon. Based to its website, Paycek supports bitcoin (BTC), ether (ETH), XRP, […]

Elon Musk, makes Dogecoin rising after tweeting his support.

Cryptocurrency Dogecoin rose more than 50% after Elon Musk tweeted his support for it. The tweets occurred two days after Musk said he intended to take a break from Twitter. Dogecoin soared to $0.05798 according to data on blockchain websites. Soon after Musk followed it up with “Dogecoin is the people’s crypto.” In the meantime, […]

Now you can buy bitcoin in Spain in 15 BitBase stores

BitBase will have now two stores in Madrid and two in Barcelona where it was founded. Bitcoin, cryptocurrencies and hardware wallets can be bought in stores. You can sell bitcoin, cryptocurrencies and sundries. Other stores you can find in Valencia, Bilbao, Seville, Malaga, Tenerife, Zaragoza, Coruña, Mallorca, Valladolid, Girona and Vilanova. BitBase have also 21 […]

XRP became the third most valuable cryptocurrency after the recent rally driven by retail traders.

The cryptocurrency jumped from $0.28 to $0.58 on monday after catching the attention of r/SatoshiStreetBets, a crypto-focused Reddit group. The group started discussing XRP and a huge demand from retail investors caused a massive jump in price. XRP faced a 70% loss in December 2020, following a SEC’s lawsuit against Ripple where SEC alleged Ripple […]

Ethereum cryptocurrency briefly tops $1.5 as record high!

Experts say the trading movement commenced by Wall Street Bets may increase implementation of ether and other cryptocurrencies. The second-largest cryptocurrency by market worth temporarily exceeded $1,500, reaching $1,500.63, in the early hours of U.S. trading on Tuesday, passing the former record price $1,459.93 last month. In recent trading, ETH was up 14.28% over the […]

Are there any other valuable cryptocurrencies than Bitcoin?

Most people heard about cryptocurrency through the massive growth of Bitcoin. Established in 2008 under enigmatic circumstances, Bitcoin has created many people wealthy. If you had bought 10 Bitcoin in October of 2013 when a particular coin went for about $164. And now one Bitcoin is worth $33,863, which means your initial investment would now […]

Visa confirms loyalty to crypto payments & fiat on-ramps.

Visa chairman and CEO Al Kelly endorsed a commitment to crypto payments and upgrades, as well as said how Visa considers crypto in general. The financial services firm has been insistently pursuing crypto payments as of late and through partnerships allowing crypto debit cards. Furthermore, this month Visa was compelled to cancel a $5.3 billion […]

India wants to develop a national digital coin and ban private cryptocurrencies like bitcoin.

The newly introduced legislation is named “Cryptocurrency and Regulation of Official Digital Currency Bill” gives power to the Reserve Bank of India to create a facilitative framework for the creation of the official digital currency. What is worrying that the bill also prohibits all private cryptocurrencies in India, but it permits for certain exceptions to […]

Cryptocurrency surge 800% in 24 hours!

The rise in Dogecoin (DOGE) came on the back of chaotic risky trading by retail investors after the cryptocurrency got noticed from a lot of users on the Reddit message board. In 2013 DOGE was formed as a joke to the world’s first-born cryptocurrency, Bitcoin, rose over seven times in a period of 24 hours […]

Dogecoin spikes after Elon Musk’s tweet

Dogecoin hit the crypto market spiking over 500% in a 24 hour period thanks to Redditors and a little help from billionaire Elon Musk. Dogecoin, which has traded at just fractions of a cent for most of its existence, rose from $0.007681 at 8 p.m. Wednesday to over $0.049 by just after 7:30 p.m. Thursday.  […]

Three Banks Silvergate Capital, Signature Bank and JPMorgan Chase have big plans for blockchain and cryptocurrency

The top-performing bank stock of 2020, Silvergate Capital has $5.6 billion in assets and is located in La Jolla, California, is most well-known for the Silvergate Exchange Network, a digital payments system that can immediately clear transactions in U.S. dollars 24/7, all year, among two users in the network. This is perfect for institutional crypto […]

Could cryptocurrencies replace gold?

The Bank of Singapore has stated that cryptocurrencies have the capability to replace gold as a store of value. However, privately released digital currencies are very unlikely substitute government-issued fiat currencies as a medium of trade. Before it can take place, cryptocurrencies must overcome key obstacles that include confidence, high instability, regulatory approval and reputational […]

Paypal is making Crypto mainstream!

PayPal has is  currently updating its service to offer 361 million users the possibility to buy, sell, and hold cryptocurrencies through the PayPal app. The cryptos included are Bitcoin, ethereum, and Litecoin. PayPal’s Venmo app is going to offer peer-to-peer cryptocurrency transactions as PayPal plans to make crypto available as a funding source for purchases […]

What could be the best Cryptocurrency stock?

A big repercussion for digital money has been caused by expanding markets in cryptocurrencies. Many investors turned the time during the pandemic in a tidy profit. In particular, owners of bitcoin which overall increased over 300% in value. But what about the stocks that will benefit from the long-term growth in the usage of digital […]

Bitcoin is going up again!

Despite that the price of bitcoin was on track for biggest weekly fall since September on Friday, it picked up. Bitcoin recovered from a sharp fall overnight to stand at $32,500 on Friday morning. Just this Monday the bitcoin price slipped around 9% and it goes sharply up! As we know, Bitcoin came under selling […]

Bitcoin is rising again!

Despite bitcoin’s price on its way to its biggest weekly decline since September on Friday, it rose. Bitcoin appreciated after plummeting overnight, reaching $ 32,500 on Friday morning. This Monday alone, bitcoin’s price has dropped by around 9% and has risen sharply! Bitcoin fell after Janet Yellen, elected by Joe Biden as Treasury secretary, suggested […]

The US issues new guidance on crypto technology and the UK’s new sanctions regime takes effect

On January 4, the federal banking regulator in the US published an interpretive letter addressing whether national banks and federal savings associations could participate in independent node verification networks (otherwise known as blockchain networks) or use stable coins. The letter said these financial institutions can participate as nodes on a blockchain and store or validate […]