Tag: cryptos

Oct 05 2021

Head of IMF Says It’s Difficult to Think in Cryptos as Money

Instead, Georgieva believes CBDCs could be the most reliable form of digital money.

Sep 19 2021

Australian Cryptocurrency Exchange Grows Among Veterans That Consider Bitcoin As A Legit Investment

According to the Australian cryptocurrency exchange, BTC Markets, Aussie boomers have become more familiar with crypto-asset investment. The country’s largest crypto exchange Bitcoin Markets have witnessed a rise in users in the past year. This is due to the increased number of older clients utilizing the platform. Following the data from one of the country’s largest exchanges, more older citizens view crypto assets...

Sep 09 2021

Cardano Founder Charles Hoskinson Praises El Salvador, Says Countries Need Crypto Strategies

El Salvador officially implemented its bitcoin law in September. Making it the first and only country to have crypto as a legal tender. This represents a big leap in crypto becoming more mainstream. A long way from its humble beginnings, bitcoin is now a recognized currency before hitting its teenage years. Following the success of the launch have been many positive reactions to...

Sep 05 2021

Majority Of Russians Say They Would Rather Buy Crypto Over Traditional Assets

Crypto has grown to be the investment of choice for a lot of people across the globe. This time, a poll carried out by the Association of Forex Dealers (AFD) has found the majority of Russians currently favor digital assets over traditional ones. The survey showed that options like fiat...

Aug 12 2021

Venmo Credit Card Holders Can Now Buy Crypto With Cashback

A recent announcement by PayPal has revealed that Venmo users can now convert cashback rewards to crypto. The new feature will allow credit card-holding customers to be able to purchase crypto on their accounts. But they would only be able to do so using the cashback rewards...

Jul 21 2021

Bank Of America Endorses Crypto Trading For Clients

A CoinDesk report revealed that Bank of America had reportedly started offering crypto trading to some select customers. The report stated that Bank of America’s prime brokerage unit had begun the clearing and settlement of crypto exchange-traded products (ETPs)....

Mastercard Plans to Enhance Its Card Program for Cryptocurrency Firms

The company aims to make it simple for partners to convert cryptocurrency to traditional fiat currency.

Jul 13 2021

Crypto Trading Volumes Nosedive In June, Down 42%

Crypto trading numbers from top exchanges show that the volume traded in June was down 42% from volumes in May. The report from CryptoCompare shows that the slump was due to a number of factors. Some of these factors include the low price of bitcoin. The digital asset hit the $28,000 region in June. Combined with the continuously falling volatility, total trading numbers...

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