Cryptocurrency News

Why PayPal’s Upcoming Crypto Service is a Big Deal

Recently, rumors that PayPal is looking to begin offering cryptocurrency direct-sales began making headlines after insiders from the company, in addition to recent job postings looking for blockchain experts highlighted its renewed interest in cryptocurrencies. If confirmed, PayPal’s entry into the crypto space may result in a significant boon for the industry, by providing an Read more…

Cryptocurrency News

China: Chainlink-adoptee national blockchain project goes live; 135 public nodes running

The Zhejiang district in China has laid the foundation for the Blockchain Service Network, (BSN) the country’s ambitious nationwide blockchain project, as per local reports this week. For starters; 135 public nodes are reportedly active in the province — affirming to China’s broader Five-Year-Plan that heavily features blockchain technology. Chainlink oracles form a major part Read more…

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Cryptocurrency News

$4 Billion OneCoin Crypto Ponzi Scheme Promoter in Singapore To Pay $72,000 Fine

A 52-year-old Singaporean man has been found guilty of promoting the infamous OneCoin cryptocurrency Ponzi scheme more than three years ago. Man to Pay $72,000 As Fine According to reports by local media The Straits Times, Fok Fook Seng, a middle-age Singaporean citizen, was convicted for engaging in marketing activities that link to OneCoin between Read more…

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Bitcoin Cryptocurrency News DeFi Ethereum

$1.77 Billion TVL: DeFi Markets Hit All-Time High With as Yield Farming Flourishes

Decentralized finance markets have reached their highest ever levels in terms of the total amount of crypto collateral locked in smart contracts across the nascent ecosystem. DeFi: The Quickest Growing Sector in Crypto The recent liquidity farming craze has catalyzed DeFi markets so much that they have now become the quickest growing sector in the Read more…

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Bitcoin Cryptocurrency News

WHO’s Scary Warning May Set Back Bitcoin’s Bull Run, Here’s Why

The World Health Organization has issued a terrifying warning that the “worst” of the pandemic “has yet to come.” The first wave brought record devastation to Bitcoin and the stock market, and investors now fear another crash. If the worst has yet to come for the outbreak itself, could the market experience an even steeper Read more…

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Altcoin Crypto Analysis Cryptocurrency News

These three factors could determine the mid-term fate of Cardano (ADA)

Cardano (ADA) has been one of the hottest cryptocurrencies throughout 2020, posting gains that have only been rivaled by Tezos and Chainlink. Increased usage rates and notable development progression has helped drive this uptrend, allowing the cryptocurrency to climb over 270 percent from its March lows. There are a few critical factors that could influence Read more…

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Bitcoin Cryptocurrency News

The PayPal Bitcoin News Isn’t Entirely Bullish: Kraken CEO Explains

On Monday, the Bitcoin and crypto space saw one of the most positive news events in months. Citing three sources, CoinDesk reported that multi-billion-dollar payment giant PayPal is looking into rolling out cryptocurrency trades. A “well-placed industry source” said to the outlet: “My understanding is that they are going to allow buys and sells of Read more…

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Bitcoin Cryptocurrency News

Mainstream: Bloomberg Is Promoting Bitcoin-Related Content Via Facebook Sponsored Ads

Mainstream media Bloomberg has been doing some spendings in online advertisements to promote Bitcoin and cryptocurrency-related content. Spending Money To Promote Bitcoin Bloomberg is boosting its Bitcoin articles for more visibility on Facebook through paid promotion, according to an ad seen on the social media platform today. Although how long the media giant has been Read more…

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Bitcoin Cryptocurrency News

SEC’s Bitcoin-skeptical chair may soon be replaced, boosting crypto

One of the most pressing questions crypto investors have wanted an answer to is when Bitcoin will get an exchange-traded fund. A BTC ETF, which would be accessible through Wall Street’s biggest brokerages, would dramatically increase the accessibility of Bitcoin to a retail and institutional audience. This is due to the fact that ETFs are Read more…