Industry News

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The World’s First Salary in BTC
Industry News

The World’s First Salary in BTC

Bitcoin has already been integrated with many companies and used as a payment method. But things do not stop here, and cryptocurrency has peaked at new heights. Now many people receive their salaries in BTC!
What is blockchain?
Industry News

What is blockchain?

We have already told you that blockchain is actively developing and now even has several generations. But still, what is blockchain, why is it called decentralized, and how do new blocks appear? Let's find out!
Coinbase goes into an alliance with Mastercard
Industry News

Coinbase goes into an alliance with Mastercard

Recently, the global giants in the financial sector and the crypto industry have been striving for simpler ways to use new technologies. Now you can easily enter the metaverse by just registering in a special app. And fear not, the changes will also affect the NFT market, for which comes a huge simplification!
The third generation of blockchain
Industry News

The third generation of blockchain

Last time we talked about the first and second generations of the blockchain. It's time to proceed with the next and talk about the third generation.
The first generations of blockchain
Industry News

The first generations of blockchain

Not many people know that blockchain is divided into generations and nowadays we live in the third one. So, let’s find out what that is and start with the first two!
The future of digital assets is here
Industry News

The future of digital assets is here

Crypto industry’s life doesn’t stand still. Have you ever thought about what will happen to your cryptocurrency in 20 years? 50? People are used to passing their fortune down the line or putting it in their relatives and close ones’ names.
New development of PayPal
Industry News

New development of PayPal

Great news for users of PayPal! The company is about to release its own stablecoin.
NFT Marketplace OpenSea Hits World’s Sales Records
Industry News

NFT Marketplace OpenSea Hits World’s Sales Records

Non-fungible tokens have proved their status as major trendsetters in the cryptocurrency market in 2021. At the end of last year, the total amount of all transactions made in the sector of non-fungible tokens (NFT) exceeded $250 million, demonstrating an impressive growth rate of 299% in annual terms.
Why NFTs are All Over the News
Industry News

Why NFTs are All Over the News

NFT marketplaces make billions in monthly trading volumes, the NFT art piece by American artist Beeple sells for more than $69 million, NFTs constitute whole virtual worlds like Decentraland – why is all that craze and is it worth joining in?
Bitcoin officially joins the US Stock Exchange
Industry News

Bitcoin officially joins the US Stock Exchange

Bitcoin has been officially approved by the US Stock Exchange – on October 19, the world’s first trading of the Bitcoin Strategy ETF was successfully launched in New York. In two days of trading, Bitcoin assets managed by the exchange-traded fund exceeded $1 billion. The Bitcoin Strategy ETF thus became the first US exchange-traded fund to be officially approved for Bitcoin contracts.
Easy crypto payment with Litecoin VISA
Industry News

Easy crypto payment with Litecoin VISA

Thanks to the Litecoin Visa virtual card, synchronized with Apple, Google, and Samsung Pay, users can now pay for millions of goods and services with Litecoin and other popular cryptos in a matter of minutes.
PayPal’s crypto campaign steps on an international path
Industry News

PayPal’s crypto campaign steps on an international path

One of the world’s leading payment processors, PayPal launches its cryptocurrency services in the UK starting from late August 2021.
BTC Powers Back to $50K
Industry News

BTC Powers Back to $50K

Bitcoin is gaining ground! BTC price is on the move again, hitting its highest level since mid-May. It peaked at $50,270, adding 3% on the day. It has recovered more than 72% since June. The crypto asset’s overall market valuation is currently at $942 billion. This could be a sign that the “capitulation period has ended and the market is back on solid ground,” Coin Metrics wrote in a Tuesday newsletter.
Anonymous crypto addresses at risk
Industry News

Anonymous crypto addresses at risk

On July 20, the European Commission introduced a law proposing the prohibition of anonymous cryptocurrency wallets. The project offers to oblige companies involved in cryptocurrency transfers to track the personal data of senders and recipients of digital assets, including a full name, residence address, date of birth, and account number. Personal identification is said to be imperative for the security of such transfers and the facilitation of the enforcement agencies’ combat against money laundering and terrorist financing.
MasterCard expands crypto card program
Industry News

MasterCard expands crypto card program

One of the largest global payment systems operators, Mastercard is preparing a special program expanding cryptocurrency payment options and simplifying the process of converting crypto into fiat (traditional) currencies. This will be possible thanks to MasterCard’s partnership with such fintech and blockchain companies as Evolve, Paxos, and Circle. The partnership is aimed at ensuring that cryptocurrency cardholders can pay for goods and services wherever MasterCard is accepted.
The first VISA card with BTC cashback issued in the US
Industry News

The first VISA card with BTC cashback issued in the US

The partnership of cryptocurrency companies and the global payment system VISA has just reached a new level: the first-of-its-kind VISA credit card with 1.5-2% BTC cashback is now available for US customers. The card was developed and issued by the American crypto-lending platform BlockFi.
Cryptocurrency salaries are real
Industry News

Cryptocurrency salaries are real

Today, we are witnessing the expansion of cryptocurrency’s global privileges. For example, a member of the Argentine House of Representatives Jose Luis Ramon announced the introduction of a bill allowing employees to be paid in cryptocurrency (either partially or in whole). According to the deputy, today cryptocurrency provides employees with a wide range of advantages and tackles several issues at once, including the “strengthening of the workers’ autonomy” along with “sustaining the purchasing power” of their assets. Thus, all employees will be free to choose between the standard salary format and the cryptocurrency one. In such an event, it is the employer who will bear all the costs related to the transfer of cryptocurrency to an employee. The impetus for the bill’s elaboration was largely due to the country's participation in the Global Forum on the Knowledge Economy several years ago.
Why now’s the best time to start crypto mining
Industry News

Why now’s the best time to start crypto mining

In May 2021, a massive cryptocurrency crackdown happened in China: the government banned cryptocurrency mining in four major provinces. The clampdown led to the forced relocation of a solid number of both Chinese and international digital assets companies and brought about a drop in the bitcoin hash rate by more than 50%. The Chinese government's ultimate ban on financial institutions, including banks and online payment channels for applying cryptocurrency, then echoed around the world and hit the news reports of multiple crypto websites. According to Kevin Zhang, Vice President of Business Development at Chinese crypto company Foundry, by the end of June 2021, about 90% of Chinese miners were forced to completely stop mining digital assets.
Back in accumulation mode
Industry News

Back in accumulation mode

On-chain data shows long-term BTC holders are back in accumulation mode after the recent shake-out.
Cryptocurrency can now be paid everywhere
Industry News

Cryptocurrency can now be paid everywhere

Coinbase has officially announced that you can now use your Coinbase Card with Apple Pay and Google Pay to buy goods and services with cryptocurrency.
 Is BTC an Environmental Catastrophe?
Industry News

Is BTC an Environmental Catastrophe?

Lately, the number of headlines and tweets about Bitcoin’s energy use and potential environmental impact has grown. Does Bitcoin use too much energy? Is it possible to mine BTC using only 100% renewable energy sources? Let’s find the answers to these questions.
Blackouts in China Have Pushed Bitcoin’s Hashrate Down 49%
Industry News

Blackouts in China Have Pushed Bitcoin’s Hashrate Down 49%

Last weekend the Bitcoin network hashrate has dropped more than 49%, after hitting an all-time high at 218 exahash per second, reaching 169 EH/s. Immediately after that, regional reporter Colin Wu tweeted about power outages in China. “The hashrate of Bitcoin mining pools plummeted in 24 hours. Antpool fell by 24.5%, Btc.com fell by 18.9%, Poolin fell by 33%, Binance pool fell by 20%,” he said. “The reason is that Northwest China is undergoing a complete blackout for safety inspections.”
More and more opportunities down the road
Industry News

More and more opportunities down the road

On Monday Visa announced that it now makes payments in the USDC (USD Coin) on the Ethereum blockchain. As appeared, Visa is now considered as the first major payments network with Stablecoin as a settlement currency, though previously settling payments in fiat currencies only.
You can still capitalize on the BTC upsurge!
Industry News

You can still capitalize on the BTC upsurge!

During an interview on CNBC’s “Squawk Box” Anthony Scaramucci compared Bitcoin’s future to Amazon shares. “Bitcoin is 12 years old. Amazon shares had a 64x return on your money from 2009 to 2021 after the 12th year,” Scaramucci said, noting that nobody expected Amazon shares to soar up in the next dozen years. They have actually surged more than 3,600% from the company’s IPO in May 1997 to May 2009.
Miners earn more than $1.5 billion
Industry News

Miners earn more than $1.5 billion

March has become a profitable month for miners. According to data collected by The Block Research, they have earned more than $1.5 billion in March. This is an impressive number and the highest income earned by the mining sector in just one month. The record high in March surpasses February when miners earned $1.36 billion in this sector. New performance numbers show that miners have over $1 billion for each of the three months in a row!
Bitcoin VS Gold
Industry News

Bitcoin VS Gold

It seems that the new preferred store of value appears in the financial arena. As the price of Bitcoin is getting closer to $59,000, its value in relation to gold is approaching new all-time highs! Measured against gold, the price of Bitcoin recently reached 34.94 ounces. It has more than doubled in the past three months and nearly sevenfold since October 2020.
Incredible Сrypto Bull Run Since 2017
Industry News

Incredible Сrypto Bull Run Since 2017

The traditional financial landscape has drastically changed so far and a growing number of institutional investors are flocking to Bitcoin. Some of them like the stock market bulls are cooperatively purchasing the largest amount of BTC assets.
Is Bitcoin crowding out stocks and real estate?
Industry News

Is Bitcoin crowding out stocks and real estate?

Despite the recent fluctuations in the Bitcoin rate, its position in the market remains strong and allows us to make positive forecasts. In particular, it can be expected that in the nearest future people will hold Bitcoin instead of investing in stocks, bonds, or real estate.
Bitcoin is on Wall Street
Industry News

Bitcoin is on Wall Street

Bitcoin has come a long way since its inception in 2009 and now we can see the latest sign of its adoption on Wall Street. Institutional banking powerhouse Morgan Stanley will give accredited wealth management clients access to BTC investing. It will be the first big U.S. bank to make such an offer.
Bitcoin strengthens its position
Industry News

Bitcoin strengthens its position

The big news in the cryptocurrency world! The world's first Bitcoin exchange-traded fund is off to a hot start. Missed that info? Well, just keep reading.