The crypto industry in Africa and India is still nascent as the countries are just beginning to come to terms with what this new technological advancement means for their financial industry.
According to the analysis, the ratio between Bitcoin market capitalization and thermocap suggests the asset could surge another 135% in the near future.
Crypto traders and investors as well as companies are expected to be given a three to six month transition period to liquidate their digital holdings after the new law is made officially.
The Miami mayor who’s been an advocate for Bitcoin and cryptocurrencies revealed that he wants to make his city the most attractive in the United States for those in the crypto and blockchain industry.
BNY Mellon said that the bank will leverage its in-house technical expertise as well as collaborate with other FinTech industry players to speed up its development of crypto custodial solutions and provide the best services to its clients.
Uber’s comment on considering crypto payments came after electric vehicle company Tesla announced its Bitcoin investment.
CEO Dan Schulman noted that the volume of crypto transactions on PayPal exceeded expectations.
To start with, BNY Mellon will offer custodian services to its clients, then move forward to what its clients demand most.
Like Microsoft, Jigstack is looking to provide appealing and user-centric services, albeit in a decentralized manner.
The Airdrop of BTCU implies crediting newly issued coins in a 1:1 ratio to the wallets of BTC users at the moment of the fork, and the team will send the coins to those wallets which platforms say they support the BTCU fork.
The announcement from the European fintech giant comes as a surprise to many as Adyen once allowed its clients to accept bitcoin as a payment option but has now revealed they longer support the cryptocurrency.
Roubini thinks the crypto industry might collapse if Tether and Bitfinex are indicted later this year.
Major cryptocurrencies including Bitcoin and Ethereum were able to rebound after yesterday’s sell-off before the FED statement.
Lamborghini Newport Beach had accepted the Bitcoin (BTC) payment, however, it turns out that it failed to HODL the crypto.
Blue Ridge Bankshares noted it is working with the duo of BluePoint, a national ATM operator, and LibertyX, a Bitcoin ATM software provider, to enable Bitcoin purchase and redemption at 19 of its machines in the United States.