Visa Steps into NFT: Purchased a CryptoPunk for $160,000
Visa announced on August 23rd that it had spent nearly 50 ETH for a CryptoPunk non-fungible token. Thus, the US behemoth continues to showcase its support for the cryptocurrency industry.…
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Bitcoin Is a Hedge and its Volatility Attracts Investors, Says SEEK Co-Founder
Matt Rockman – one of the founders of the Australian human resource consulting company SEEK Ltd. – opined that people should not ignore cryptocurrencies’ merits but educate themselves on the…
Greenish Monday: ETH at 3-Month High, Cardano Eyes $3, BNB Adds 7%, BTC Above $50K (Market Watch)
Bitcoin’s recent rally continued in the past 24 hours as the asset reclaimed $50,000 for the first time in more than three months. Some altcoins, though, have performed even more…
PayPal Extends Bitcoin and Cryptocurrency Service to the UK
The San Jose-based online payments giant PayPal is launching its cryptocurrency services in the United Kingdom less than a year after the company first introduced the feature in the United…
Bitcoin Tops $50K to Reach Fifteen Week High
After posting 5 green weekly candles in a row, Bitcoin prices have finally breached the $50K barrier during Monday morning’s Asian trading session. The big move has returned price levels…
37% of American Investors Would Not Cash out Their Crypto Even in Critical Moments
According to a recent research, US cryptocurrency investors have allocated on average $1,707 in such assets. 37% of them admitted they would not touch these funds even if they must…
In The Money Stocks’ President: Bitcoin Will Eventually Slip to $18K Despite Its Recent Rally
Gareth Soloway – chief market strategist at InTheMoneyStocks – is not impressed by bitcoin’s recent price increase. He argued that the primary cryptocurrency’s USD value would soon reach $50,000-52,000, but…
Bitcoin Adoption Continues: UWM, Quorum Holdings, and SafeGold Plan to Accept it as a Payment Method
The US mortgage lender – United Wholesale Mortgage – intends to accept cryptocurrencies as a payment method by the end of 2021. While the company would first adopt Bitcoin, it…
Bitcoin Likely to Reach at Least $96k: In-depth Price Prediction Analysis of 2021 Cycle’s Top
Looking ahead, there are many ways the rest of the current cycle can play out moving forward. The following are two scenarios we are expecting to play out as long…
CEO of Bitcoin Mixer Pleads Guilty to Laundering $300M in BTC
The owner of Bitcoin mixer Helix and resident of Ohio, Larry Dean Harmon, pleaded guilty to a one-count conspiracy to launder monetary instruments. Previously, US prosecutors alleged that the Bitcoin…