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Bitcoin

The Banking Crisis is Catalyzing Bitcoin’s (BTC) Rise

Daniel Sharkey | March 19, 2023 | Leave a comment
Amid the recent banking crisis triggered by the collapse of Silicon Valley Bank, Bitcoin has surprisingly emerged as a beneficiary. With investors fleeing from banking stocks due to contagion fears, many have turned to alternative investments, including Bitcoin. The...
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Centralized Custodians See Continued Trust Among US Crypto Consumers Despite 2022 Setback

Daniel Sharkey | March 17, 2023 | Leave a comment
The year 2022 brought about much instability and uncertainty for the cryptocurrency industry. Despite these obstacles, the industry persevered and advanced, gaining a larger following worldwide. The adoption of crypto and blockchain technology has continued to expand among people...
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Bitcoin (BTC) Emerges as Safe Haven Asset Amid Banking Chaos: Experts Predict $100K

Daniel Sharkey | March 16, 2023 | Leave a comment
The United States equities are being impacted by an unstable industry, with Credit Suisse becoming the fourth bank in one week to cease operations. This situation occurred after the Saudi National Bank, the biggest investor in Credit Suisse, withdrew...
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The Central Bank of Russia Legalizes another Crypto Service Provider

Daniel Sharkey | March 13, 2023 | Leave a comment
According to RBC, the business news outlet, Circulated Registry Systems, which runs the Masterchain exchange platform, has been included in the list of information structure entities permitted by the Central Bank of Russia to distribute digital and virtual financial...
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Kraken Launches its Bank

Daniel Sharkey | March 6, 2023 | Leave a comment
Kraken, a cryptocurrency exchange, is planning to launch a bank in the United States despite the challenging regulatory environment faced by the industry. Kraken’s chief legal officer, Marco Santori, confirmed this during an interview on The Scoop podcast. The...
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Nubank Introduces its Digital Asset

Daniel Sharkey | March 4, 2023 | Leave a comment
Warren Buffet-backed Nubank has reported its asset known as Nucoin. On top of the Polygon protocol, the currency will be issued to institution users, with eighty percent of the total distribution directed to the end users. According to reports...
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DIY Pension Funds in Australia Lose Millions In Crypto

Daniel Sharkey | March 2, 2023 | Leave a comment
Many Australians who utilize their pension funds to bet on digital and virtual assets are encountering losses, thus risking their savings, which was a plan to ascertain enough retirement income. These risks will likely be witnessed since DIY pension...
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Digital Asset Custody Services: DZ Bank Partners with Metaco

Daniel Sharkey | February 24, 2023 | Leave a comment
DZ Bank, the second-largest bank in Germany, has announced that it has chosen Metaco to provide its digital asset custody solutions. This move marks the fourth partnership between Metaco and major financial institutions in the last eight months. This...
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OKX’s $8.6B in “Robust Deposits”: Analyzing Their Reserve Report

Daniel Sharkey | February 20, 2023 | Leave a comment
OKX “100%” Clean? Implications of Proof of Reserves in the Cryptocurrency Industry Exploring the Concept of “Clean Reserves” OKX “100%” Clean? The most recent reserve report from OKX indicates that the company has enough Tether (USDT), Bitcoin (BTC), and...
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A New Era of Scalability: Whales Bet on Polygon’s zkEVM for Enhanced Functionality & Reduced Costs

Daniel Sharkey | February 18, 2023 | Leave a comment
Realizing zkEVM’s Advantages for Ethereum DApps from MATIC Exploring the Bullrun Babes NFT Collection In preparation for the release of its eagerly anticipated zero-knowledge Ethereum Virtual Machine (zkEVM), the price of Polygon (MATIC) has significantly increased. Prices for Polygon...
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