Bitcoin Becoming Leading Investment Hedge
It's no shocker that right now the state of our economy is questionable at best. A volatile stock market, record jobless claims and a seemingly unending pandemic have been major concerns for almost everybody this year. All of this worsened
Wealth Management With Celsius Network
As of July 2022, Celsius Network has filed for bankruptcy protection. DO NOT INVEST IN CELSIUS. Read the latest article about the bankruptcy here. [cryptopack id="6464"] The Celsius Network is becoming a household name in the crypto world and is gaining
U.S. & Saudi Arabia Moving Differently Regarding Crypto
After years of denying its citizens access to the cryptocurrency, Saudi Arabia has fully legalized the trading and selling of Bitcoin between its citizens (though banks are still prohibited from accessing it). This comes after the country banned the trading of
Valour Lists 2 Bitcoin ETPs
On December 8, Swiss firm Valour will list two Bitcoin ETPs on Nordic Growth Market, according to a recent report. One ETP will be quoted on EUR while the other will be on SEK. With the two listings about to
New Visa Credit Card Rewards Users With Bitcoin
BlockFi has filed for bankruptcy - DO NOT INVEST IN BLOCKFI Visa recently unveiled its new program for a card that will reward its users' cash-back in the form of Bitcoin, instead of actual cash or miles. This will be the
CME Becomes Largest Bitcoin Futures Market
Buoyed by rising institutional demand, the Chicago Mercantile Exchange (CME Group) has become the largest Bitcoin futures market. The exchange started offering Bitcoin futures products three years ago. However, since its launch, crypto derivatives demand has risen tremendously. Last month,
Yearn.Finance Founder Launches New DeFi Protocol
Founder of Yearn.Finance, Andre Cronje, has announced the launch of an upcoming DeFi platform that allows different DeFi services on one service. “Deriswap allows for a consolidated, capital-efficient market for trading, Options, Futures, and Loans,” he said. When contacted for more information
Larsen and Major Players Move 600 Million XRP
As the price of XRP surged to a high of $0.71, a price not seen since April 2018, Ripple’s co-founder, Chris Larsen and other major crypto players transferred about 600 million XRP. The report received revealed that Upbit has singlehandedly
Bithumb To Shut Down Offices Due To COVID-19
South Korea’s largest cryptocurrency exchange Bithumb, is planning to shut down some of its offices temporarily as a result of the effects of the COVID-19 pandemic. The exchange made the announcement today, saying plans are already in place to close its
Globe Derivative Exchange Raises $3 Million
A surge in the price of Bitcoin and the growth of decentralized finance (DeFi) has led several crypto companies to readjust their strategy and step up their game in the sector. Major players from various sectors of the economy have not