
Oluwapelumi Adejumo
Oluwapelumi is a believer in the transformative power Bitcoin and Blockchain industry holds. He is interested in sharing knowledge and ideas. When he is not writing, he is looking to meet new people and trying out new things.
UBS analyst also highlighted that “Tesla has the potential to become one of the most valuable software companies.”
Ever since news emerged that Gary Gensler could be the new chairman of the SEC, crypto enthusiasts and analysts have praised this initiative as they see it as a big plus to the industry.
Citi says that another cryptocurrency might be able to usurp Bitcoin from its current high position citing the fact that altcoins have witnessed their market cap grow by almost 4 times in 2020.
Dogecoin leveraged on the crypto bull run of earlier this year as its price-performance pushed it into the top 10 ranking of crypto assets by market cap and its price peaked at new all-time highs.
Elon Musk has played a notable role in the rise of Dogecoin into the consciousness of the public. At different points in recent times, he has made several tweets in support of the meme coin which led to spikes in its price.
Despite Virgin Galactic’s lack of commercial flights, Wall Street has shown some tinge of confidence in the stock performance of the company.
Oxygen is built on Solana, a blockchain that can handle up to 50,000 transactions per second, which is miles ahead of Ethereum that can only process a maximum of 15 transactions per second.
India has now renewed its efforts towards seeing the back of digital coins as a transition period has been given to crypto holders to liquidate their assets.
Crypto.com explained that the burning of its native token was going to increase the circulating supply of its native token from 24% to 80% as it continues to work on becoming a fully decentralized chain network.
The bank’s chief also mentioned that the apex bank was making considerable progress with its central bank digital currency (CBDC) project.