MicroStrategy buys Bitcoin for a huge chunk of $250 Million. MSTR has become the first ever public listing giant to buy bitcoin. Micro Strategy does it as part of strategic capital allocation process. MSTR declared that it has bought 21.4K bitcoin, with a current valuation of $250 million. Bitcoin has fought through ups and downs …
MicroStrategy Buys Bitcoin for $250M as part of capital allocation strategy Read More »
Goldman Sachs Stablecoin Cryptocurrency is the talk of the town! Goldman Sachs is sensing demand from its institutional clients. It may venture into launching its own cryptocurrency, which will be a stablecoin with 1:1 peg to the USD fiat currency. Stablecoin has the advantage of maintaining a constant value in USD. Similarly, it uses block …
Goldman Sachs StableCoin Cryptocurrency May Become A Reality Soon Read More »
Congressional Delegates puts in a request with IRS urging them to Simplify Tax On Crypto Staking Rewards. They want the policy to not be an obstacle to proof of stake technology. Similarly, it asks to clarify the Internal Revenue Service stance and simplify tax on Crypto Staking rewards. What is Congressional Lawmakers opinion on Crypto …
Simplify Tax On Crypto Staking Rewards – Congress Read More »
Bitcoin is definitely the numero uno cryptocurrency measured by market capitalization and there has been no change on this for a decade since Bitcoin’s genesis. Now, Bitcoin has the same level of market capitalization as Netflix and ATT. But, some people still call it a scam or don’t understand it completely even after a decade …
Bitcoin Equals Netflix AT&T In Market Capitalization Read More »
Weiss Crypto Rating places Ethereum ahead of Bitcoin as the most premium cryptocurrency. There are thousands of altcoins to invest into. Weiss Crypto Rating helps us identify the top and safe coins or tokens with a good ranking mechanism. The top Crypto rating agency has updated its overall crypto rankings for the month of August. …
Weiss Crypto Rating Places Ethereum Ahead of Bitcoin Read More »
Bermuda Digital Nomad Policy doesn’t come as a surprise since Covid has wreaked havoc to most country’s economy. Having researched extensively about digital nomad in the last 3 years, I am observant to study about new countries that want Digital Nomads to come get residency or citizenship and improve their local economy. Digital Nomad gets …
92,857 Bitcoin transfer, which is worth more than $1 billion in USD with the current price, has just been done smoothly for a measly fee of $4. This is despite the high mining transaction fee existing in the bitcoin blockchain for the last few days. Despite $4 appearing as too low USD value, the Bitcoin …
Bitcoin transfer of $1B USD securely done for a $4 fee Read More »
The Ethereum Classic (ETC) blockchain has experienced a second 51% attack in a week. This is not normal for a blockchain that is in top 25 cryptocurrencies, at the time of writing. What is a 51% attack? A 51% attack is a hard attack on a blockchain to manipulate and double spend the cryptocurrencies on …
Ethereum Classic suffers 51% attack twice in five days Read More »
Ethereum Medalla, the last public official testnet, runs for the next 3 months before the mainnet Ethereum 2.0 comes into picture. It went live on Aug 4 2020 aiming to help Ethereum complete a smooth transition in 3 months period. Based on this, the launch date of ETH 2.0 is expected to be November 4, …
Unicorn Cryptocurrency exchange Coinbase had disclosed at the end of July 2020 that they are reviewing 19 cryptocurrencies. These are potential coins up for listing on Coinbase Pro, and eventually on Coinbase. Interestingly, most of the tokens up for a potential listing are DeFi coins. According to Coinbase’s announcement, potential new crypto assets include mostly …