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Have you ever bought some cryptocurrencies, Bitcoin for instance, and then a few hours later, the price either climbs by several points or slips low by some figures? Well, it isn’t strange; it depicts volatility - how large the price of an asset can swing from the mean price.
Cryptocurrency
Blockchain technology is vastly dominating diverse regions of the world and many residents of Deutschland seem to not want to miss out on this innovative trend. A recent chart publicized by KuCoin displayed the progression of crypto adoption by Germans. The wealthiest of all European nations seems to have over
Bitcoin
U.S-based software company - Sequoia Holdings LLC is allowing its workers get paid in Bitcoin (BTC). According to an official announcement, the company will also offer employees the option to get paid in Ethereum (ETH) and Bitcoin Cash (BCH). Richard Stroupe, CEO of Sequoia Holdings notes: "We'
Bitcoin
A recent publication by cryptocurrency rating agency - Weiss Ratings indicates that anticipation of a post-covid world could be fueling investors move to Bitcoin as a safe-haven asset; while other traditional assets like gold lose their attraction. According to the post by Weiss analysts, the global market reaction to recent
Bitcoin
Rick Rieder, Blackrock's Chief Investment Officer, said cryptocurrency like Bitcoin "is here to stay,". He suggests that Bitcoin is a durable mechanism that might substitute gold. Investment Officer Believes in Bitcoin In an interview with CNBC's Squawk Box on Friday, Rick Rieder, Blackrock'
Bitcoin
In a trending development, over 40 million troy ounces of gold have been discovered in Russia's Siberian region - a welcome boost to the country's large gold reserve. What is however in question is the now increased supply of gold - amidst claims of it being
Bitcoin
Stone Ridge Asset Management has purchased 10,000 BTC worth about $115 million as part of its primary treasury reserve asset. By this announcement, the company joins a growing list of institutions and companies banking on Bitcoin (BTC) as an asset for the future. According to reports, the 10,000
Bitcoin
About 9-months into 2020, Bitcoin (BTC) has produced an ROI of 48.7% since the start of the year, outperforming other assets and investments like gold, the S&P 500 index, NASDAQ Composite Index, the US Dollar Index, and the Crude Oil WTI. Bitcoin (BTC) - the number one
Bitcoin
Dave Portnoy - Barstool Sports founder turned stock market trader has exited the cryptocurrency space; just one week after starting his journey with Bitcoin. The influential stock trader (@stoolpresidente) had announced his interest in Bitcoin to his 1.7 million followers, and after a meeting with the Winklevoss Twins proceeded
Bitcoin
MicroStrategy (MSTR) - a Nasdaq-listed and world's largest business intelligence firm has become the first publicly traded company to buy Bitcoin (BTC) as part of its capital allocation strategy. Announced on Tuesday, the company says it has purchased 21,454 BTC (about $250 million at current market price)
Bitcoin
The Central Bank of Philippines - Bagko Sentral ng Pilipinas (BSP) is weighing the feasibility of issuing its own national digital currency. According to reports by Bloomberg, the country's apex bank has set up a committee to study digital currencies and policies surrounding CBDC issuance. The committee is
Africa
The Nigerian Security and Exchange Commission (SEC), has warned stakeholders and the general public about the activities of an illegal blockchain firm known as iBledger (iBcash cryptocurrency) and InksNation. According to an official statement, SEC disclosed that neither the company (iBSmartify Nigeria) nor its promoter or products are registered or