a sort of electronic or virtual money It functions as regular money, such as dollars, pounds, euros, yen, and so on. However, it has no physical counterparts — banknotes or coins that can be carried about — and hence exists only in electronic form.
In January 2024, Bitcoin's on-chain volume reached a six-month high, according to data from The Block. The reported number of transactions on the blockchain tripled compared to September 2023, totalling a record $1.21 trillion worth of Bitcoin moved on-chain. This spike follows the comparatively lower volume of $550 billion in ...
The Governor of the popular Indonesian province and tourist hot spot, Bali, recently issued a strong warning against using cryptocurrencies as a form of payment in the region. During a press conference on May 28, 2023, Governor Wayne Koster emphasized that tourists who attempt to use Bitcoin or other cryptocurrencies ...
Independent Reserve, an Australian cryptocurrency exchange, is considering opening a branch in Hong Kong as the city strives to establish itself as a major cryptocurrency hub. Independent Reserve already has licenses to operate in Australia, Singapore, and New Zealand. According to reports, Adrian Przelozny, co-founder and CEO of Independent Reserve, ...
Profiting from the volatile cryptocurrency market is all about timing, as well as having access to sound trading strategies and technical analysis. With so many cryptocurrencies to choose from and markets open 24/7, new traders may face a steep learning curve as well as a higher risk of losing money. ...
The crypto community has expressed displeasure about the latest economic report released by the White House. The White House released its 2023 edition of 'Economic Report of the President' on March 20, 2023, containing the first discourse on digital assets in the report since its first publication in 1947. The ...
Taiwan is increasing its regulation of the cryptocurrency industry in response to the market upheaval caused by the collapse of the FTX crypto empire. According to a report, the country's top financial regulator, the Financial Supervisory Commission (FSC), will likely be appointed as the primary regulator of cryptocurrency exchanges and ...
The underlying concept of Vechain is to improve the supply chain of businesses by leveraging on the innovations that blockchain technology offers. Its purpose is quite different compared to other cryptos out there because it is meant to improve the business activities like supply chain processes of both online and ...
Following a stuck trading range since May 2021, Bitcoin's price rallied above $43,000 Friday, August 6. As of the time of filing, Bitcoin’s (BTC) price rallied to $43,231, the highest it has risen to since May 19. Available data from TradingView and Coin360 shows a rally staged by the bulls ...
USDT is a popular stablecoin that is pegged to the dollar and largely free from the volatility that is common in major cryptocurrencies. Volatility has become an issue in the crypto realm, which has discouraged potential crypto users from diving into the innovations that space offers. USDT is not the ...
Since the inception of Bitcoin more than a decade ago, the crypto and blockchain industry has come a long way. Before we were introduced to them, the financial sector relied on banks as central authorities to ensure the safety of our money. This system was plagued with an age-old infrastructure ...
