A United States banking first is upon us with one of the country’s top banking giants, JPMorgan Chase (JPM) launching its own crypto-currency, as reported by CNBC on February 14. The US banking giant is set to popularize its own…
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Former Goldman Sachs partner, believes Bitcoin will be Gold’s Digital Equivalent
Former Goldman Sachs partner, Mike Novogratz, who is also the founder of crypto merchant bank Galaxy digital, argued that Bitcoin (BTC) occupies a special place in the crypto world; while on an interview with Bloomberg TV. While reflecting on the…
Phillipino Bank Launches Inaugural Crypto ATM
Local publications indicate that Union Bank of the Philippines, which is one of the largest commercial banks in the Philippines, has just launched the country’s inaugural crypto ATM. An official statement from the bank following the launch, said that the…
Mauritius will issue Licenses to Crypto Custodians this March
As part of her plan to create a Fintech hub “in and for” Africa, Mauritius will soon license digital asset custodians. An announcement made on Friday by the African island nation’s financial services Commission (FSC) said that after having published…
Nvidia Project Weaker Sales Due to Crypto Winter
A press release from Jan 28 reported that Taiwan based computer hardware company, Nvidia, updated financial estimates for Q4 for the 2019 fiscal year. The company is forecasting weaker sales in its gaming and data center platforms coming from excess…
Bitcoin Trading in Venezuela Peaks amid Economic and Presidential Crisis
News coming out of troubled Venezuela indicates that Bitcoin trading has reached an all-time high. This is on the backdrop of hyperinflation and an ongoing presidential conundrum that has plagued the country for a while. Bitcoin weekly trading volumes in…
Saudi Arabia and UAE launch Joint State-backed Crypto-currency
Two middle-east neighbors; Saudi Arabia and The United Arab Emirates (UAE) have a launched a government backed crypto-currency which will facilitate cross-border payments. This state-backed crypto was one of the agenda’s in the 7 point co-operation plan unveiled on the…
Facebook Quietly makes Chainspace its First Blockchain Acquisition
Popular social platform Facebook has reportedly made its first acquisition in the blockchain space. The social network reportedly quietly hired the team behind Blockchain startup, Chainspace. Chainspace is a blockchain startup that was set up by researchers from the University…
Did Binance and Tron Foundation together Manipule Crypto Market ?
One of the well known crypto channel blogger, Tyler Swope (known as Chico Crypto) claims facts against CEOs of Binance and Tron Foundation involved with possible market manipulation.( Video embedded below) Chico claims the CEOs of t TRX and BNB coins pumped…
The Japanese Yen Soars above the Dollar in BTC Trading
Data from Coinhills shows that the Japanese yen has officially overtaken the US dollar in terms of Bitcoin trading all over the world. Data shows that 490,925.45 BTC were traded against the JPY over the last 24 hours. Data also…