Bhushan Akolkar

Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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Binance.US Launches OTC Desk for Large Orders Above $10,000

By Bhushan Akolkar May 12, 2020 • 3 mins read

Binance.US has launched its own OTC trading desk that can facilitate large value orders without creating volatile price swings and without affecting the normal trading movements.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Third Bitcoin Halving Is Finally Here, BTC Hovering Around $8700 Now

By Bhushan Akolkar May 12, 2020 • 3 mins read

With the latest Bitcoin halving, the BTC mining rewards have reduced from 12.5 BTC to 6.25 BTC. Since its last halving in 2016, the BTC price has appreciated 1200% so far until the third event.

Altcoin News, Bitcoin News, Cryptocurrency News, News

Try Out Cryptocurrency Contract for Difference (CFD) Trading: Here Are the Best Platforms

By Bhushan Akolkar May 11, 2020 • 3 mins read

Cryptocurrency Contract for Difference (CFD) trading is currently booming as it provides equal opportunity for all traders equally, and help them leverage the crypto price swings through their prediction. Here are some of the top platforms offering crypto CFD trading.

Market News, News

U.S. Treasury Secretary Steven Mnuchin: Unemployment Rate to Get Worse Before Improving

By Bhushan Akolkar May 11, 2020 • 3 mins read

The U.S. unemployment rate in April 2020 has got worst since the Great Depression at 14.7%. This was a steep jump from the 4.4% rate in March 2020. The Trump administration is looking at ways to reopen the economy and get the engine running.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Why Bitcoin Price Falls from $10,000 to $8,600 Just Before BTC Halving 2020

By Bhushan Akolkar May 11, 2020 • 3 mins read

Bitcoin yet again faces strong resistance at $10,200 levels as whales start liquidating their long positions resulting in a steep sell-off. Nearly, $200 billion BTC was sold in just an hour’s time. Now BTC is trading around $8,600.

Bitcoin News, Cryptocurrency News, News

Cambridge University Unveils New Tool for Tracking Bitcoin Mining Activity

By Bhushan Akolkar May 8, 2020 • 3 mins read

The Bitcoin Mining Map offered by Cambridge Centre for Alternative Finance shows the region-wise concentration of the BTC hash rate. It demonstrates that China alone dominates 65% of the total global hash rate.

Market News, News

Uber Stock Jumped 11% Yesterday, Rises 6% in Pre-market Despite Q1 2020 Losses of $2.9B

By Bhushan Akolkar May 8, 2020 • 3 mins read

Uber reported one of its worst quarterly performances during Q1 2020 registering a net loss of $2.9 billion. With its business going on a tailspin due to the global lockdown, the company plans to trim 17% of its workforce this year. Uber stock price is going up.

Blockchain News, News

Celo Foundation’s Alliance of Prosperity Adds 75 New Members to the Platform

By Bhushan Akolkar May 7, 2020 • 2 mins read

The new members of the Celo Foundation’s Alliance of Prosperity will make their contribution to the platform’s common goal of creating the opportunity for like-minded organizations to collaborate together.

Bitcoin News, Cryptocurrency News, Market News, News

SQ Stock Down 4% Now, Bitcoin Revenues in Square Cash App Top Fiat Revenues in Q1

By Bhushan Akolkar May 7, 2020 • 3 mins read

Although the company’s losses have jumped higher, the revenue for the Square Cash App has also gone significantly higher. The good thing is as businesses shift towards online presence, Square has seen some big merchants joining its platform during the pandemic period. SQ stock is down now.

Bitcoin News, Blockchain News, Cryptocurrency News, News

Blockstream Upgrades Its Bitcoin Satellite Network, Makes BTC Node Sync Possible without Internet

By Bhushan Akolkar May 6, 2020 • 2 mins read

The Blockstream Satellite 2.0 allows users to easily sync an entire node without connecting to the web. Besides, it will also facilitate internet-free BTC transactions and information sharing among crypto users across the globe.

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