Bitcoin has seen mixed price action as of late, with bulls and bears largely remaining at odds while the crypto ranges between $30,000 and $40,000 The cryptocurrency has been quite heavy as of late due to the intensity of each of its recent rejections, which has given bears a slight edge However, $30,000 remains a bedrock support level, and a […]

Spacex and Tesla CEO Elon Musk has clarified his position on bitcoin and dogecoin. He confirmed that he supports bitcoin, stating that it is “a good thing.” Admitting that he is late to the game on bitcoin, Musk said that he should have bought some eight years ago when his friend fed him a slice of a bitcoin cake. Elon […]

On Monday, part one of the Swiss blockchain law covering company reforms went into effect. Back in September 2020, the country’s parliament passed an expanded regulatory framework for crypto and blockchain technology in the country. According to a Swissinfo report, the implementation of the new regulatory paradigm will help to improve Switzerland’s burgeoning crypto and blockchain scene. Indeed, industry stakeholders […]

It was announced today by Chiliz, that their NFT, fan-voting and rewards app Socios.com will now be available to CoinCheck’s NFT marketplace, which already supports 2.25 million users.  Coincheck, one of the foremost exchanges in Japan, launched its NFT Marketplace in Summer last year. Five of the most prominent Japanese games are already in place on the platform with NFTs available […]

Elon Musk, the richest person on the planet said that Bitcoin is currently on the verge of a broad acceptance by the conventional finance people. The world’s largest cryptocurrency is now trading above $34,000. During a conversation on an invitation-only audio-chat social networking app Clubhouse, Musk said that he is a little late to the Bitcoin party, but he fully […]

The GameStop (NYSE:GME) saga that has gripped global markets for the past week is already having far-reaching implications for the financial industry. Regulators, analysts, and participants alike are reeling (and rejoicing) at what has been one of the largest grass-roots financial movements to “stick it to the man” in decades–or possibly longer. While hedge funds were the initial target of retail […]

Entrepreneur and Dallas Mavericks owner Mark Cuban has weighed in on the recent clash between Wall Street and the r/Wallstreetbets Reddit community. In a Jan. 31 blog post, Cuban suggested that the old-school investment community is currently taking a kicking from what he describes as the “Store of Value Generation.” These millennials have developed a greater understanding of the value […]

Cboe reported a dip in its monthly trading volumes as the operator recorded $700 billion trading volume in the first month of 2021, a $19 billion drop from December 2020. The operator reported a second consecutive monthly slump. According to the official numbers posted by the Cboe, January 2021 saw a total of 20 trading days with an average daily […]

Key Takeaways Elon Musk confirmed that he is a Bitcoin advocate during a Clubhouse session. He also said that his regular mentions of Dogecoin are intended as a joke. Musk has recently shown an active interest in crypto on Twitter. Elon Musk has clarified his stance on Bitcoin. During a recent Clubhouse chat, the Tesla founder also spoke about changing […]