Mary Update Successfully Activated on the Cardano Network
On the late afternoon of March 1, the Mary update was set off on the Cardano blockchain, adding up the concept of creating custom tokens without the need for smart contracts. Mary's hard…
Crypto Mining Ban Proposed in China
Authorities in the Inner Mongolia region have suggested a complete ban on cryptocurrency mining to achieve energy saving targets in connection to China's five-year economic plan. The regional government is gathering public opinions…
Goldman Sachs Will Relaunch Its Crypto Trading Desk After a 3-Year Hold
Investment bank mastodont Goldman Sachs has rebooted its cryptocurrency trading desk service after a three-year pause and intends to endorse Bitcoin futures trading once again, an unnamed source acquainted with the issue confirmed…
Kraken Plans to Raise Additional Funding
Crypto exchange Kraken is contemplating the possibility of drawing additional funding, that will enable it to as a minimum double its appraisal from the current level of $5 billion, Bloomberg reports, citing its…
Coinbase Reveals $1.2 Billion Revenue as it goes Public
Coinbase has officially filed the necessary paperwork to enlist its stock on NASDAQ, a huge leap forward for the first big public offering for a company operating in the cryptocurrency industry. In an…
The Fed Works on Potential Launch of the Digital Dollar
The Federal Reserve President Jerome Powell indicated that the agency is studying the idea of a digital dollar. In the forthcoming future, this project will allow the country’s central bank to establish control…
JPMorgan Strategists Advise to Invest 1% of Portfolio in Bitcoin
Specialists advise bank clients of JPMorgan to safeguard their investment portfolio from volatility in traditional asset groups by investing in crypto. The bank strategists advised financiers to invest in Bitcoin about 1% of…
The Number of Crypto Users Exceeds 106 Million
More than 106 million people around the world use cryptocurrencies, according to a report released this week by the Crypto.com exchange. The inflow of new users has propelled the growth of the cryptocurrency…
Bitcoin Outflows from Coinbase Suggest Institutions Are Buying the Dip
Major investors are looking to be amassing Bitcoin at comparatively low prices in the wake of the cryptocurrency’s latest tieback. This is suggested by the outflows of the first cryptocurrency from institution centred…
US Hospital Receives $800,000 Bitcoin Donation Amid Pandemic
As the COVID-19 pandemic caused a severe economic crisis that drastically reduced the flow of donations to non-governmental charities, Cape Cod Massachusetts Hospital shifted to cryptocurrency donations and in that way highlighted their…