Mon Nov 25 9:27 AM

SEC Commissioner Stresses on Clearer Cryptocurrency Regulations

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Hester Peirce wants more precise cryptocurrency regulations amidst crypto adoption by big companies. In a declaration, the US SEC Commissioner Hester Peirce spoke about the urgent need for more precise cryptocurrency regulations as big companies such as Mastercard and Tesla continuously seek to adopt more...

Crypto Regulations in 2021: What to Expect in EU and Overseas? 

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For now, the new age of digital finance is regarded as more problematic than beneficial. The superiority of blockchain is often underestimated and questioned as world governments see more danger coming into existing banking systems. The digital asset industry has generated significant interest over the...

Non-Fungible Token (NFT) Market Recorded Impressive Growth in 2020, Set to Soar Higher This Year

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The most expensive NFT sale was made after the successful purchase of virtual plots of land on Axie Infinity valued at $1.5 million.The global Ethereum-based Non-fungible token (NFT) market saw impressive growths in 2020 according to details from a new report by NonFungible and...

Bitcoin flirts with $50,000 at the end of a lovely week

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On Valentine’s Day, the crypto market was infatuated with Bitcoin (BTC) as the coin broke yet another all-time high, reaching roughly $49,530, according to metrics platform CoinGecko. Bitcoin price chart. Image: CoinGeckoMeanwhile, the week leading to February 14 was also quite eventful all by itself,...

Morgan Stanley Unit Counterpoint Global May Go All Out for Bitcoin

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The news about the Morgan Stanley Unit Counterpoint Global’s probable bet on Bitcoin has sent the price of the currency to a new all-time high.A unit of American multinational investment bank and financial services giant Morgan Stanley (NYSE: MS), known as Counterpoint Global is...

Report: Morgan Stanley’s $150 billion arm contemplates Bitcoin investment

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Counterpoint Global, a $150 billion unit of multinational investment bank Morgan Stanley, is considering investing in Bitcoin (BTC), knowledgeable sources told Bloomberg today. Morgan Stanley may bet on Bitcoin in $150 billion investment arm, Bloomberg is reporting. In January, Morgan Stanley boosted stake in MicroStrategy to...

Bitcoin could “easily” reach $100,000 by 2022, says Anthony Scaramucci

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Anthony Scaramucci, founder of $9.2 billion hedge fund SkyBridge Capital who also served (albeit briefly) as communications director in the Trump administration, said that Bitcoin (BTC) could “easily trade” at $100,000 within a year, Forbes reported today.“You’re going to be benchmarked off of Bitcoin,...

US Banks on Verge of Accepting Bitcoin as Legitimate Asset Class

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A move by US banks to adopt Bitcoin could be a huge call to legitimize the entire crypto industry and is likely to influence other global banks. As the cryptocurrency market capitalization almost tops $1.5 trillion, US banks are feeling the pressure from within Wall...

How TrueFi Is Transforming DeFi Zero-Collateral Loans

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The final phase of the TrueFi launch should initiate the beginning of a highly functional, cross-chain uncollateralized lending platform, equally able to serve institutions, retain users, and lend to other protocols.Defi took off in 2020 in a major way, with applications such as decentralized...

Jack Dorsey and Jay-Z to collaborate on Bitcoin development fund

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Twitter boss Jack Dorsey and rapper Shawn Carter, also known as Jay-Z, are funding a Bitcoin trust. Both will pool together 500 BTC, approximately $24 million, to make this happen.₿trust will operate as a blind irrevocable trust and will focus on Bitcoin development initially...