Bitcoin

IMF: ‘Financial Inclusion’ Will Boost Global Economy (As Long as It’s Not Bitcoin)

The International Monetary Fund warns that global growth is slowing to its lowest rate since the financial crisis. But while it urges financial inclusion, don’t expect the IMF to embrace Bitcoin anytime soon. Lowest Economic Growth Since Financial Crisis After performing a downward revision, to the lowest since the financial crisis, the International Monetary Fund […]

Analysis

Bitcoin (BTC) Dominance Drop to 50 Percent, will Sell-off Boost Altcoins?

Bitcoin Prices slumping Solactive and CMC launching two crypto indices Transaction volumes less than half those of late Feb CMC in partnership with Germany’s Solactive will launch two crypto indices. Data broadcasts will be from several terminals including Bloomberg’s GDIS and Börse Stuggart. With information based on performance, Bitcoin (BTC) traders will be better equipped […]

Bitcoin

Major Online Swiss Bank Integrates Bitcoin Custody, Boost in Institutionalization

Buckle up, the institutionalization of bitcoin and crypto, in general, has begun. Swissquote, a $ 618 million worth online banking group, announced Friday that it is partnering with Zug-based Crypto Storage to enable cryptocurrency custodial services on its platform. The Gland-based said that institutional investors on its platform would be able to transfer cryptocurrencies from their […]

Bitcoin

TRON’s BitTorrent Incentive Scheme Aims To Boost User Numbers

Blockchain app development platform TRON has announced that its recently-acquired BitTorrent protocol will soon launch no fewer than three incentive programs.  Justin Sun Woos ‘New Audiences’ In a blog post subsequently confirmed by TRON CEO Justin Sun, BitTorrent said it would target BitTorrent and µTorrent users, partners, and associated ecosystems with tailored offerings to increase […]

Crypto News

Free Game Fortnite Proves Unlikely Boost for $18 Billion Giant Best Buy

Best Buy shares saw a massive upswing on Wednesday as the company announced its Q4 earnings report, well-above analysts’ expectations. Pumping its profits was its selection of wearables, smart home devices, and the unstoppable popularity of free game Fortnite driving demand for gaming consoles and accessories throughout the holidays. Best Buy Stock, Yahoo Finance Best […]

Analysis

The 100 Million Bitcoin Users Case – Could Bakkt Massively Boost Adoption?

Bakkt, a digital asset platform which is set to introduce the very first physically-settled bitcoin futures, will launch later this year. And, according to Alec Ziupsnys, the launch could legitimize the dominant cryptocurrency before 100 million potential users per week. The chief innovation officer at BlockEdge Capital tapped on how Bakkt’s partnership with Starbucks was […]

Bitcoin

Kraken Completes Biggest Crypto Deal in 2019: Massive $100M Acquisition That May Boost Europe

Major crypto exchange Kraken has acquired digital assets derivative startup Crypto Facilities for at least $ 100 million – the cryptocurrency sector’s biggest deal in 2019. The San Francisco company announced Monday that the “nine-figure” acquisition would enable its customers to trade crypto-related futures and spots. In retrospect, Kraken would now be able to offer […]

Crypto News

Blockchain Technology Tipped to Boost New Zealand’s IT Exports: Report

Advertisement Earnings from New Zealand’s third-biggest export sector, information technology, could be boosted significantly by distributed ledger technology. According to a report released by New Zealand’s innovation agency, Callaghan Innovation, there is ample room for growth in the sector if the country embraces blockchain technology. Currently, the IT sector in New Zealand generates NZ$ 16 […]