Bitcoin was created as a competitor to the US currency. Many crypto enthusiasts consider it to be the next gold. Gold bugs have lauded the rich yellow metal as the…
Currency
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- Bitcoin
Elon Musk, the TIME’s Person of the Year, Still Prefers Dogecoin Over Bitcoin As Transactional Currency
by Mikiby MikiThe world’s richest man Elon Musk has been named as the TIME’s Person of the year 2021 on Monday, December 13. Mr. Musk who has often had frank opinions about…
- All Alt Coin
Myanmar Opposition Government Adopts USDT as Official Currency Despite Central Bank Ban
by Mikiby MikiThe NUG in Myanmar announces that it will start accepting USDT to facilitate trade and payments, even as military government is still in control. The National Unity Government (NUG) of…
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HSBC and Wells Fargo are cutting out a key part of the currency market’s infrastructure from some trades after the two banks agreed to settle transactions directly on blockchain technology.…
- All Alt Coin
Can stablecoin US dollars cause ‘every currency other than top dozen to collapse’
by Mikiby MikiBillionaire entrepreneur Michael Saylor is known for his bombastic metaphors and high ambitions where Bitcoin is concerned. During an episode of the What Bitcoin Did podcast, Saylor spoke to host…
- Ethereum
India Won’t Recognize BTC As Currency, Nor Does It Collect BTC Transaction Data
by Mikiby MikiIndia continues its flirtation with Bitcoin and other cryptocurrencies. The Indian Parliament’s winter sessions started, and, as it turns out, BTC won’t be the star of the show. In fact,…
- Ripple
Republic of Palau Partners with Ripple to develop National Digital Currency Strategy
by Mikiby MikiPalau – the pacific island country – has partnered with Ripple Labs Inc., the U.S. crypto firm, to examine the development of its national digital currency. Based on the partnership,…
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For the first time ever, Ethereum was listed as a payment option on Sotheby’s price table during the auction of two Banksy paintings. While the auction house has been accepting…
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Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations. As announced by the company, Eldridge…
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CapitalG founder and top executive David Lawee said backing DCG was a way of backing a “potential winner in crypto financial services.” The foremost financial institution, Digital Currency Group, the…