Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country. Brazilians will be able to use Bitcoin as a payment mechanism if the legislation is implemented, and digital assets will…
Kaspersky: Crypto Scammers Will Soon Move Away From Using Bitcoin
Ransomware negotiations and payments may soon rely less on Bitcoin as a form of payment, according to cybersecurity firm Kaspersky. The company with Russian roots ascribed this shift to advancements in the technology used to track Bitcoin’s movement and suppliers,…
El Salvador Begins Dollar Cost Averaging On Bitcoin Despite the Crypto Winter
El Salvador, the first country in the world to accept Bitcoin as legal cash in September 2021, is restarting its BTC purchases after pausing for several months due to the market’s bearishness. The Bitcoin Hoarding Begins El Salvador’s president Nayib…
South Africa Declares Digital Assets to Be Financial Products.
With the country’s financial authority designating digital assets as financial goods, South Africa has made a significant advancement in Bitcoin legislation. The Financial Advisory and Intermediary Services Act of the nation was revised to incorporate digital assets, according to a…
Blockchain Animated Comedy by Fox to sell NFTs while Sony seeking Patent for Bitcoin-led eSports Gambling
World of crypto is experiencing next level innovative initiatives at a rapid phase. With an ever expanding market most organizations which introduce these are very much optimistic about their initiatives. Two of such initiatives which have been making news in…
Visa introduce new cryptocurrency plans as Mastercard allow merchants to accept payment in crypto
Recently, global credit card giants Visa and Matercard were making news in the crypto sphere by announcing their latest initiatives with crypto. Earlier in February Mastercard revealed their plans on crypto and in response to that Visa recently revealed their…
Major Tech and Wall Street Institutions buys Bitcoin as the coin surges
There are now more institutions than ever before expressing interest to hold Bitcoin New trend of institutional investment will continue as there various instruments backed by Bitcoin emerge MicroStrategy holds 71,079 BTC in reserve, equivalent to over $3 Billion Institutional…
Mastercard to Accept Some Crypto Payments Later this Year
Mastercard Inc. said Wednesday that it would start permitting shippers to acknowledge crypto payments on its organization not long from now. This represents one of the latest cases of digital currency payments endorsement by a traditional payments player. “We are…
How Litecoin price corelates to Bitcoin and Ethereum price
Litecoin, which was launched in October 2011 by former Google employee Charlie Lee have gained recognition of the crypto market. Over the past 24 hours (February 6th) Litecoin’s market value was up by nearly 5% while price surging to a…
Is it good to leave Robinhood right away?
Well known mobile trading platform Robinhood has restricted its users for trading in cryptocurrencies on last Friday. This action was taken a day after Robinhood halting the buying of red-hot stocks like those of GameStop. These sudden actions of Robinhood…