Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
The latest report in the market is that the world’s largest oil-producing companies are mulling to join the Bitcoin mining market. On Sunday, August 1, TrustNodes first reported that oil-producing companies are working out a way to use the gas byproduct in Bitcoin mining activities. Thus, productively using the gas will also help in reducing
The latest report in the market is that the world’s largest oil-producing companies are mulling to join the Bitcoin mining market. On Sunday, August 1, TrustNodes first reported that oil-producing companies are working out a way to use the gas byproduct in Bitcoin mining activities. Thus, productively using the gas will also help in reducing
Etheruem whales have once again taken the charge of pushing the price higher, however, this time it’s not Ether (ETH) but the CryptoPunk NFTs where they are pouring the money. With the whale purchase frenzy, the prices of CryptoPunk NFTs have shot by 53% over the last week. Last week, an Ethereum whale poured over
Etheruem whales have once again taken the charge of pushing the price higher, however, this time it’s not Ether (ETH) but the CryptoPunk NFTs where they are pouring the money. With the whale purchase frenzy, the prices of CryptoPunk NFTs have shot by 53% over the last week. Last week, an Ethereum whale poured over
It looks like the troubles for crypto exchange Bithumb aren’t ending anytime soon! On Monday, August 2, the South Korean police reopened an investigation into the Bithumb fraud case involving the former chairman of the exchange. The news comes just within a month’s period after top executives of Bithumb were indicted by Hong Kong regulators
It looks like the troubles for crypto exchange Bithumb aren’t ending anytime soon! On Monday, August 2, the South Korean police reopened an investigation into the Bithumb fraud case involving the former chairman of the exchange. The news comes just within a month’s period after top executives of Bithumb were indicted by Hong Kong regulators
It is clear that the next big economic dominance will depend a lot on the central bank digital currencies (CBDCs), and the top two economies – the U.S. and China – are taking the battle to the next level. Last Friday, July 30, Fed Governor Lael Brainard stressed that not having a Digital Dollar in
It is clear that the next big economic dominance will depend a lot on the central bank digital currencies (CBDCs), and the top two economies – the U.S. and China – are taking the battle to the next level. Last Friday, July 30, Fed Governor Lael Brainard stressed that not having a Digital Dollar in
As the overall cryptocurrency market continues to expand with more user participation, stablecoin providers have been competing to gain major market share. As it seems, stablecoin Tether (USDT) continues to dominate the market with a $61 billion USDT coins floating in the market. However, it seems that competitors like Circle’s USDC and Binance’s BUSD are
As the overall cryptocurrency market continues to expand with more user participation, stablecoin providers have been competing to gain major market share. As it seems, stablecoin Tether (USDT) continues to dominate the market with a $61 billion USDT coins floating in the market. However, it seems that competitors like Circle’s USDC and Binance’s BUSD are
On Thursday, July 29, business intelligence firm MicroStrategy revealed its second quarter results for 2021 declaring over $600 million with impairment losses with its bitcoin holdings. But company CEO and Bitcoin evangelist Michael Saylor continues to remain ultra-bullish on the future of Bitcoin. Saylor noted that buying Bitcoin right now is similar to buying Bitcoin
On Thursday, July 29, business intelligence firm MicroStrategy revealed its second quarter results for 2021 declaring over $600 million with impairment losses with its bitcoin holdings. But company CEO and Bitcoin evangelist Michael Saylor continues to remain ultra-bullish on the future of Bitcoin. Saylor noted that buying Bitcoin right now is similar to buying Bitcoin
Institutional inflows in Bitcoin (BTC) continue to grow at a faster rate. Just two days after banking giant State Street announced its crypto services, another $40+ billion asset manager GoldenTree has announced its investment in the world’s largest cryptocurrency. As a result, the Bitcoin (BTC) price is up 5% today shooting all the way to
Institutional inflows in Bitcoin (BTC) continue to grow at a faster rate. Just two days after banking giant State Street announced its crypto services, another $40+ billion asset manager GoldenTree has announced its investment in the world’s largest cryptocurrency. As a result, the Bitcoin (BTC) price is up 5% today shooting all the way to
As Bitcoin (BTC) continues to flirt around $40,000 levels, its fundamentals and on-chain metrics are showing significant improvement. On Wednesday, July 28, the Bitcoin blockchain registered the largest ever net outflows in 5 years since 2016. On this day, the exchange balance dropped by more than 60,000 Bitcoins in total. This is certainly a bullish
As Bitcoin (BTC) continues to flirt around $40,000 levels, its fundamentals and on-chain metrics are showing significant improvement. On Wednesday, July 28, the Bitcoin blockchain registered the largest ever net outflows in 5 years since 2016. On this day, the exchange balance dropped by more than 60,000 Bitcoins in total. This is certainly a bullish
There could be a flood of institutional investments coming from Germany starting next week. On Monday, August 2, a law is coming into effect that allows Germany’s institutional investors – under the Spezialfonds category – to invest in Bitcoin (BTC) and other cryptocurrencies. Institutional players like pension funds and insurers can access these funds. Together,
There could be a flood of institutional investments coming from Germany starting next week. On Monday, August 2, a law is coming into effect that allows Germany’s institutional investors – under the Spezialfonds category – to invest in Bitcoin (BTC) and other cryptocurrencies. Institutional players like pension funds and insurers can access these funds. Together,
Amid the growing craze for NFTs among Chinese investors, it looks like Chinese tech giant Tencent is planning to enter the NFT market soon. In an exclusive update, popular Chinese journalist Colin Wu reported: “China’s largest Internet company Tencent will enter the NFT, including music, games, news content, etc.” Exclusive: China's largest Internet company Tencent
Amid the growing craze for NFTs among Chinese investors, it looks like Chinese tech giant Tencent is planning to enter the NFT market soon. In an exclusive update, popular Chinese journalist Colin Wu reported: “China’s largest Internet company Tencent will enter the NFT, including music, games, news content, etc.” Exclusive: China's largest Internet company Tencent
Chinese central bank is all keen on internationalizing the use of the national currency Renminbi (RMB) in the international market, and its central bank digital currency is a key step in this direction. The PBoC is confident that promoting the use of e-CNY will make RMB the world’s third-largest currency in terms of trade, settlements,
Chinese central bank is all keen on internationalizing the use of the national currency Renminbi (RMB) in the international market, and its central bank digital currency is a key step in this direction. The PBoC is confident that promoting the use of e-CNY will make RMB the world’s third-largest currency in terms of trade, settlements,
The summer of 2020 became popular as the DeFi summer for the crypto community with a strong surge in the decentralized finance (DeFi) tokens. Now, the summer of 2021 shall become popular as the NFT gaming market. The NFT Gaming market is currently battling out the DeFi market to steal all the limelight. As popular
The summer of 2020 became popular as the DeFi summer for the crypto community with a strong surge in the decentralized finance (DeFi) tokens. Now, the summer of 2021 shall become popular as the NFT gaming market. The NFT Gaming market is currently battling out the DeFi market to steal all the limelight. As popular
Bitcoin (BTC) is up 8% today making another attempt to move past its crucial resistance of $40,000. At press time, Bitcoin (BTC) is trading at a price of $39,828 with a market cap of $747. Bitcoin has picked up strong momentum amid rumors of Amazon integrating BTC payments. However, Amazon has confirmed that there are
Bitcoin (BTC) is up 8% today making another attempt to move past its crucial resistance of $40,000. At press time, Bitcoin (BTC) is trading at a price of $39,828 with a market cap of $747. Bitcoin has picked up strong momentum amid rumors of Amazon integrating BTC payments. However, Amazon has confirmed that there are
On Monday, July 26, the Bitcoin (BTC) price registered a strong recovery on its way to $40,000. This price rebound happened through a short squeeze with over $600 million in short positions getting liquidated in an hour’s time. As a result, the Grayscale Bitcoin Trust (GBTC) premium registered a sharp rebound. Moving closer to the
On Monday, July 26, the Bitcoin (BTC) price registered a strong recovery on its way to $40,000. This price rebound happened through a short squeeze with over $600 million in short positions getting liquidated in an hour’s time. As a result, the Grayscale Bitcoin Trust (GBTC) premium registered a sharp rebound. Moving closer to the
The growing scrutiny in the decentralized finance (DeFi) crypto space is forcing blue-chip DeFi players to initiate crucial measures. Decentralized exchange (DEX) Uniswap Labs said that it has started restricting dozens of tokens on its trading app. This includes some of the stock tokens that mirror the price of public listed Wall street companies like
The growing scrutiny in the decentralized finance (DeFi) crypto space is forcing blue-chip DeFi players to initiate crucial measures. Decentralized exchange (DEX) Uniswap Labs said that it has started restricting dozens of tokens on its trading app. This includes some of the stock tokens that mirror the price of public listed Wall street companies like
Amid the strong broader market recovery today, the world’s second-largest cryptocurrency Ethereum (ETH) is up 10% today. As of press time, Ethereum is trading 9.48% up at $2,373 and a market cap of $277 billion. The price rally in ETH could be because of multiple factors. Strong rumors that e-commerce giant Amazon might soon integrate
Amid the strong broader market recovery today, the world’s second-largest cryptocurrency Ethereum (ETH) is up 10% today. As of press time, Ethereum is trading 9.48% up at $2,373 and a market cap of $277 billion. The price rally in ETH could be because of multiple factors. Strong rumors that e-commerce giant Amazon might soon integrate
Bitcoin (BTC) has skyrocketed 15% today moving all the way past $38,500 in a strong bounce back. The news that e-commerce giant Amazon is working to integrate Bitcoin payments at their end has brought all the fireworks. At press time, Bitcoin (BTC) is trading at $38,315 with a market cap of $719 billion. Over $640
Bitcoin (BTC) has skyrocketed 15% today moving all the way past $38,500 in a strong bounce back. The news that e-commerce giant Amazon is working to integrate Bitcoin payments at their end has brought all the fireworks. At press time, Bitcoin (BTC) is trading at $38,315 with a market cap of $719 billion. Over $640
The largely oil-dependent countries are now seeing a big opportunity in the widely emerging crypto space! The latest report shows that wealth managers and institutional players from the United Arab Emirates (UAE) are willing to increase their exposure to cryptocurrencies in the next two years by 2023. A survey by London-based Nickel Digital Asset Management
The largely oil-dependent countries are now seeing a big opportunity in the widely emerging crypto space! The latest report shows that wealth managers and institutional players from the United Arab Emirates (UAE) are willing to increase their exposure to cryptocurrencies in the next two years by 2023. A survey by London-based Nickel Digital Asset Management
One of the world’s biggest tech and e-commerce conglomerates Amazon (NASDAQ: AMZN) is now looking to delve into the crypto space. In its recent job posting, Amazon is looking to hire a Product Lead executive for Digital Currency and Blockchain. The job role for this profile will be to “innovate on behalf of customers within
One of the world’s biggest tech and e-commerce conglomerates Amazon (NASDAQ: AMZN) is now looking to delve into the crypto space. In its recent job posting, Amazon is looking to hire a Product Lead executive for Digital Currency and Blockchain. The job role for this profile will be to “innovate on behalf of customers within
Post Elon Musk’s comments of owning Ethereum (ETH), the world’s second-largest cryptocurrency has surged more than 10% in the last 36 hours. At press time, Ethereum is trading 4.70% up moving above its crucial resistance of $2000. Although Ethereum has corrected more than 50% from its all-time high, analysts are still positive about its future.
Post Elon Musk’s comments of owning Ethereum (ETH), the world’s second-largest cryptocurrency has surged more than 10% in the last 36 hours. At press time, Ethereum is trading 4.70% up moving above its crucial resistance of $2000. Although Ethereum has corrected more than 50% from its all-time high, analysts are still positive about its future.
