Cryptocurrency News Market

Libra Latest: Bank of England’s Carney Hints At Crypto On Central Bank Balance Sheets in BBC Interview

Talking to BBC radio about a new Bank of England report The Future of Finance, governor Mark Carney was fairly balanced about Facebook’s Libra but said: “You can’t let a system develop that you have to use because it becomes so integral to everyday life.” Carney, in response to the interviewer suggesting the report was Read more…

Cryptocurrency News

Canadians With Coinbase Accounts Can Withdraw Via PayPal

According to a Coinbase blog article written by Allen Osgood, the crypto trading platform’s product manager, Coinbase has expanded its PayPal support to its Canadian customers. The article goes on to say that “Coinbase customers in Canada can now instantly transfer sale proceeds directly into their PayPal accounts.” Allen expounds on Coinbase’s commitment to mold Read more…

Bitcoin Blockchain Crypto Analysis Cryptocurrency News Market

Bitcoin Mining Difficulty, Hash Rate Surge As BTC Holds Above $8,000: What Death Spiral?

Bitcoin Fundamentals Booming With BTC moving above $8,000, the fundamentals of the Bitcoin blockchain have also surged. As pointed out by industry researcher Kevin Rooke, Bitcoin’s mining difficulty has reached an all-time high of 7.46 trillion. The thing is, we’re still down by around 55% from BTC’s all-time high of $20,000, and public awareness of Read more…

Bitcoin Cryptocurrency News

Bitcoin Adoption Is Ghost: Hardly Anyone Uses BTC for Payments, Bloomberg Says

An analytical company Chainalysis shows that hardly anyone utilizes Bitcoin as means of payment, preferring to see it as a store of value and ‘hodl’ In spite of the recent massive price surge, Bitcoin seems to have a problem that few are aware of. An analytical firm Chainalysis Inc. from New York has recently shown Read more…

Bitcoin Crypto Analysis Cryptocurrency News Market

Bitcoin (BTC) At $1,000,000 Still In Play, Says Venture Capitalist

Bitcoin Bulls Are Back With the recent action in the crypto markets, Bitcoin (BTC) bulls have returned. Gone are the days when people were calling for the death of this market. In a recent interview with The Street, James Altucher, a prominent venture capitalist and former hedge fund manager, suggested that the ongoing BTC rally Read more…

Bitcoin Cryptocurrency News Market

Coinbase’s Crypto Payment Portal Hits Milestone: Adoption Is Happening

Coinbase Commerce Hits $50 Million In Processed Transactions According to a recent report from CoinDesk, Coinbase Commerce, the crypto startup’s application for merchants and online retailers, has recently surpassed $50 million in processed transactions. Speaking to the outlet, the facet of Coinbase has seen volume pick up through Q2 of this year, which coincidences with Read more…

Altcoin Cryptocurrency News Ripple

Ripple-backed InstaReM to roll out cross-border transactions by collaborating with Thailand’s Kasikornbank

Ripple-backed InstaReM, the cross-border payments company, has been making headlines consistently. Just a couple of months back, its CEO Prajit Nanu had announced plans of advancing financial inclusion by improving remittance methods. InstaReM had also recently closed a Series C funding round which raised $41 million, which saw support from the likes of Beacon Venture Read more…