Tag Archives: Bitcoin

Bitcoin Might Fade Out Of Existence, Warns Academic

Prasad stated that Bitcoin’s lack of efficiency and its inability to facilitate exchange as a mode of payment will be the reason for its downfall. The future of Bitcoin is hard to predict, but Eswar Prasad, an international trade policy professor at Cornell University has warned that the world’s most popular cryptocurrency could fade out in the near future. In …

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Pakistanis Own $20 Billion in Crypto, Report Reveals

In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves.   Government Urged for Regulations as Study Shows Pakistanis Hold $20 Billion in Cryptocurrency The Pakistani nation owns more cryptocurrency than …

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Dravid Deadbats Questions About Kohli-Ganguly SagaIn

The Twitter interaction between the Grammy Award-winning rapper and the tech billionaire about crypto usurping the dollar prompted plenty of reactions on Twitter In a recent Twitter exchange, with Grammy award-winning rapper Cardi B, former Twitter CEO Jack Dorsey said on Tuesday that Bitcoin will replace the US dollar. Cardi B asked on Twitter if crypto would replace the US …

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Bitcoin unexpectedly surges past $51,000 on Christmas Day

Markets ASX near six-week high after Santa rally ASX near six-week high after Santa rally New crypto has the market buzzing New crypto has the market buzzing Currency collapse shows future of crypto Currency collapse shows future of crypto Bitcoin investors woke up to a nice Christmas present with the blockchain hitting a two-week high. After a difficult few weeks, …

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Wall Street is pumped about the metaverse. But critics say it’s massively overhyped and will be a regulatory minefield.

“The metaverse” is a very fuzzy term. Broadly, it refers to virtual worlds where people (using avatars) can play games, work, create and trade things, watch virtual concerts, hang out, and more. Some think there’ll be one big metaverse, while others envisage a multitude. Facebook has pivoted to focus on virtual worlds, having rebranded as Meta in October. Its move …

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Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million Lira

Turkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes Investigation Board (MASAK), which oversees crypto exchanges, has reportedly fined Binance Turkey over violations found during liability inspections. Turkish Cryptocurrency Law ‘Is Ready Turkish President Recep Tayyip Erdoğan said at a meeting with journalists …

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Bitcoin’s Rally Comes to a Halt as Prices Fall Most Since March

Bitcoin fizzled in Monday trading as the famously volatile cryptocurrency pulled back after a spectacular new-year rally. Prices fell as much as 17% in the biggest drop since March before recovering. The losses are small in the context of Bitcoin’s broader rally, with a 50% jump in December alone. After a parabolic 2020, the digital currency had started the new …

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