China and the United Arab Emirates have joined a research initiative that studies the feasibility of a central bank digital currency (CBDC). The two countries joined Hong Kong and Thailand which launched the project in 2020. It focuses on the application of a CBDC to ease costs and increase the efficiency of cross-border funds transfers. The Hong Kong Monetary Authority […]

The firm Rakuten Inc., often referred to as “the Amazon of Japan,” announced customers can now load up Rakuten Pay accounts with cryptocurrencies like bitcoin, ethereum, and bitcoin cash. In order to commemorate the latest crypto service, Rakuten is also offering bonus points to people leveraging “Rakuten Cash” via crypto assets. Crypto Can Pay for Rakuten Goods and Services, Alongside […]

Asset management firm Stone Ridge has filed with the U.S. Securities and Exchange Commission (SEC) for its open-end mutual fund to invest in bitcoin. “This is a big deal. Stone Ridge filing opens the door for every mutual fund to add bitcoin,” said a fellow asset manager. Stone Ridge Wants Its Mutual Fund to Invest in Bitcoin Stone Ridge Trust […]

Coinbase is known for storing cryptocurrency and allowing its many customers to trade digital assets. However, what we didn’t know was that the company also did its own investing in crypto as well. We’re Learning a Lot About Coinbase As it turns out, the company has become of the first major cryptocurrency exchanges to file for a public listing. In […]

On Saturday, February 27, 2021, news.Bitcoin.com reported on the great number of 2010 and 2011 block rewards being spent this year. In that report, it was said that the mysterious whale entity we’ve been hunting “did not move a major string of bitcoin’s” since January 25. Following the publishing of that study, on Sunday, the old-school whale miner moved another […]

A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth $850 million — by misrepresenting the degree to which its […]

Ghana’s apex bank has revealed a sandbox test launch to support the growth of blockchain-based and financial-related services.  Sandbox Launched to innovate Ghana Financial Services The central bank revealed this development in a recent press release. According to the report, the sandbox will cover a wide range of innovations within the financial services sector and improve the country’s financial inclusion. […]

Ethereum extended its decline below $1,450 against the US Dollar. ETH price is gaining bearish momentum and it could even test the $1,280 support. ETH price remained in a bearish zone below the $1,650 and $1,700 resistance levels against the US Dollar. The price is trading well below $1,500 and the 100 simple moving average (4-hours). There is a major […]

Bitcoin price started a fresh decline after it failed to clear $52,000 against the US Dollar. BTC is sliding and it remains at a risk of a drop towards $41,000. Bitcoin recovered above $50,000, but it struggled to clear the $52,000 resistance. The price is trading well below $50,000 and the 100 simple moving average (4-hours). There is a key […]