Mon Nov 25 2:21 PM

Uber Will Accept Crypto Payments if There Is Need for It, CEO Says

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Uber’s comment on considering crypto payments came after electric vehicle company Tesla announced its Bitcoin investment.The CEO of Uber Technologies Inc (NYSE: UBER) Dara Khosrowshahi said that the company would accept crypto payments if there’s a need for it. That is, Uber clients may...

You could win a Tesla by trading just $100 worth of Bitcoin on Crypto.com

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Love Tesla and Bitcoin? This competition could be for you. Hong Kong-based crypto exchange Crypto.com has announced a new scheme for users that gives them the chance to win a Tesla electric car if they trade just $100 of Bitcoin.Founded in 2017, Crypto.com is...

Jack Dorsey and Jay-Z to Launch Bitcoin Trust in India and Africa

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The crypto industry in Africa and India is still nascent as the countries are just beginning to come to terms with what this new technological advancement means for their financial industry.Twitter’s CEO Jack Dorsey together with billionaire music mogul Jay-Z have announced a blind...

Ari Stiegler: Cryptocurrency Craves Stability

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Cryptocurrency can transform the way we exchange goods and services, but establishing a baseline sense of stability is a prerequisite to the expansion of this technology.For the better part of the last decade, cryptocurrencies have captivated the minds of investors interested in applying the...

Top Exchanges Scramble to List Algorand Assets, OKEx and KuCoin the Latest Entrants

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Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those...

PayPal Reveals Plans to Become CBDC Distributor

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With PayPal being a CBDC distributor, more customers would be interested in its products, especially those related to crypto.On Thursday, online payments giant PayPal Holdings Inc (NYSE: PYPL) held its investor day. During the event, PayPal CEO Dan Schulman revealed the company’s plan to...

What Does Hashrate Mean?

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“Hashrate” refers to the total combined computational power that is being used to mine and process transactions on a Proof-of-Work blockchain, such as Bitcoin and Ethereum (prior to the 2.0 upgrade). A “hash” is a fixed-length alphanumeric code that is used to represent words, messages...

Tesla made more money buying BTC in one day than it did selling cars last quarter

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The electric car manufacturer has profited more from its $1.5 billion Bitcoin position in a single day than it did selling cars in Q4 2020. With its massive position pushing BTC’s price up over 23 percent, Tesla made over $365 million dollars between Feb....

Ethereum Price & Technical Analysis: ETH Looks Strong

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The Ethereum has been correcting for two days already, but for now, this has little significance: the market remains unmistakably positive. On Thursday, February 11th, the ETH is trading at $1,726 USD. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Tech analysis of ETH/USD. The ETH renewed its all-time...

Fintech Giant Adyen Has No Plans of Accepting Bitcoin as Payment Method

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The announcement from the European fintech giant comes as a surprise to many as Adyen once allowed its clients to accept bitcoin as a payment option but has now revealed they longer support the cryptocurrency. European fintech giant Adyen has revealed that it has zero...