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Bitcoin hits all-time peak: Reuters headline

Bitcoin hits all-time peak: Reuters headline

Bitcoin’s rising price amid USD’s dropping value creates interest in mainstream media  In a crucial boost to Bitcoin and cryptocurrencies’ growing popularity this year, prominent international news agency Reuters has joined the list of mainstream media networks that are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset amid the […]

Biden must integrate Bitcoin into the financial system: Niall Ferguson

Biden must integrate Bitcoin into the financial system: Niall Ferguson

The pandemic has achieved for cryptocurrency adoption in 10 months what might have otherwise taken 10 years, the economist said British economic and financial historian Niall Ferguson said in an article for Bloomberg that the US President-elect Joe Biden’s administration must seek to integrate Bitcoin with the financial system rather than focusing on creating a […]

UAE and Saudi Arabia release report on joint CBDC study

UAE and Saudi Arabia release report on joint CBDC study

Central Bank Digital Currencies (CBDCs) present “a significant improvement over centralised payment systems in terms of architectural resilience”, the report said.  The central banks from two of the most powerful economies in the Middle East – The United Arab Emirates and Saudi Arabia have released a joint report that speaks positively about blockchain technology. The […]

Over 2,000 BTC withdrawn from OKEx

Over 2,000 BTC withdrawn from OKEx

OKEx recorded a high number of bitcoins withdrawal after the cryptocurrency exchange activated the withdrawal feature for the first time in five weeks OKEx has reactivated its withdrawal features to users, and it led to a huge outflow of bitcoins within a few hours. According to blockchain analytics firm CryptoQuant, nearly 3,000 bitcoins were withdrawn […]

Binance declares support for XRP’s airdrop

Binance declares support for XRP’s airdrop

Binance will support Flare Networks airdrop for Ripple (XRP) hodlers, and it could pave the way for other leading cryptocurrencies to make the same move Binance, one of the top digital currency exchanges globally, has confirmed its support for XRP’s Flare Networks airdrop. The crypto exchange announced this yesterday, stating that “The airdrop snapshot will […]

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