While blockchain and the traditional financial system are often framed as having opposing interests: a battle between DeFi and the old guard institutions that have been around for decades, if not centuries. But the fact is, next generation blockchain technology can solve  pressing problems for conventional financial markets. And the SEC, FINRA and other regulators are eyeing it as a […]

Amazon has officially denied the rumors of the company’s plan to accept Bitcoin as payment that created an opportunistic rush in the cryptocurrency market on Monday. “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true,” an Amazon spokesperson said. “We remain focused on exploring what this could look like […]

Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. The firm’s July 26 earnings report showedthat total revenue grew by 98% year on year (YOY) for Q2, increasing from $6 billion in 2020 to $11.9 billion this year. Tesla attributed thebulk of its growth to a surge in demand for its […]

Crypto is a great tech innovation for system transaction efficiency and thus various developing countries are now keen to adopt the technology rather than accepting it as a legal tender (currency). Cryptos may help in a significant reduction of global remittances cost, which is now around 6.5% on an average, almost double of World Bank’s Sustainable Development Goal target of […]

We have all seen the claims before. A cryptocurrency betting site will announce that they have thousands of casino games available for you to play. They might say that they have got the latest NetEnt and Microgaming slots, progressive prizes galore, and 2,000 to 3,000 titles. On that basis alone, you have signed up. However, some casinos take you for […]

PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Ternoa token (CAPS) listing under the pair USDT/CAPS on July 27 at 1 p.m. UTC. AscendEX and the Ternoa team will jointly launch two limited-time promotional events to celebrate the CAPS listing. The activities will consist of airdrop rewards tasks and a […]

The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.” According to IMF marketing department financial counsellor and director Tobias Adrian and legal department general counsel and director Rhoda Weeks-Brown, a cryptocurrency like Bitcoin (BTC) may catch on in countries without stable inflation and exchange rates, and […]

Bitcoin price like a flash of lightning shot up by more than $5,000 in the last 48 to 72 hours, and the forecast just turned from cloudy with a chance of downside to much sunnier days for bulls ahead. In fact, one technical indicator points to at least $46K from here, and shows that there’s very little resistance above this […]