• Coinbase Looks For Online Merchant Crypto Implementation By The Millions
    Business

    Coinbase Looks For Online Merchant Crypto Implementation By The Millions

    August 8, 2023 - By 

    , This week, there has been a flood of adoption news, from Wall Street to Australia, and most recently, San Francisco. Coinbase, the biggest cryptocurrency bank of the United States, declared it is extending its commerce section to add Woo Commerce through a plugin that one can download from GitHub. It can be merely what more online retailers require to get contented with cryptocurrency. Woo Commerce is over a quarter of entire online merchants. It is simply among the most accepted payment platforms around. Coinbase, this week, declared it is introducing a Woo Commerce plugin as a component of its…

  • Citigroup’s New Game Changer Way Could Make Crypto Investment Less Risky
    Business

    Citigroup’s New Game Changer Way Could Make Crypto Investment Less Risky

    August 8, 2023 - By 

    New York-based Citibank has created the most direct way to invest in cryptocurrency coins without actually owning them, according to people familiar with the projects. The structure would put the cryptos in the existing regulatory regimes and present Wall Street’s major investors, such as hedge funds and asset managers, a less risky way to invest in the emerging asset class. Citi has developed an apparatus called Digital Asset Receipt or DAR. It functions as an American depositary receipt or ADR, which has existed for decades to allow US investors to hold foreign stocks that would not be on US stock…

  • Chocolaty Bitcoins
    Business

    Chocolaty Bitcoins: Walmart Promoting Public Awareness Regarding Cryptocurrency

    August 8, 2023 - By 

    The U.S. retail giant, Walmart, has initiated a unique concept of advertising and raising public awareness for bitcoins, a type of cryptocurrency. The milk and Chocolaty Bitcoins by a Philadelphia-based candy manufacturer company, Frankford Candy & Chocolate Company. These chocolate coins are in Walmart Stores all over the U.S., with the motive of advertising the Bitcoin and cryptocurrency concepts at the non-professional level (children and family). The cost of a single Chocolaty Bitcoins is $1 and is available in a mesh bag as a packet of six weighing 1.48 Ounces. Initially, Walmart promoted cryptocurrency only through the online store, in…

  • China Intends To Obstruct 124 Foreign Crypto Exchanges Access
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    China Intends To Obstruct 124 Foreign Crypto Exchanges Access

    August 7, 2023 - By 

    Chinese regulators will block more than 100 exchanges of Crypto Exchanges Access that are overseas, offering commercial services to domestic investors. The Shanghai Securities Times reported on Thursday that China National Fintech Risk Rectification Office has identified 124 trading platforms with IP addresses abroad, that are still available in the country. The office is now planning to intensify its efforts in the field of space surveillance and block access to those platforms, according to the report. China National Fintech Risk Rectification Office, recognized in 2016 by the State Council of China, is a government agency that wants to protect against…

  • Cardano (Ada) Might Probably Be The Leading Name For New Era Of Cryptocurrencies
    Business

    Cardano (Ada) Might Probably Be The Leading Name For New Era Of Cryptocurrencies

    August 7, 2023 - By 

    Operating financially in the present era of bullish green sentiment, automatically strikes in the mind what one should prefer to broaden the wallet. As far as digital token capabilities are concerned, they are impressive and influenced by the performance of blockchain and networking. Over time, increased competition has emerged and one of the most appealing ones to look upon is probably Cardano (ADA). Charles Hoskinson, the co-founder of Ethereum and founder of Cardano and IOHK, introduced the first participant in second place in the lead role. As a pioneer of smart contracts, say ETH, in this case, Ethereum has become…

  • BTG (Bitcoin Gold) Is Finding It Hard To Stable As A Cryptocurrency
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    BTG (Bitcoin Gold) Is Finding It Hard To Stable As A Cryptocurrency

    August 7, 2023 - By 

    There has not been much action for Bitcoin for several weeks. We have experienced that the currency achieved a high on July 9, when it touched the mark of 496703 Satoshi. However, the high in the dollar was achieved sometime later and reached $34.04 USD for one BGT Bitcoin Gold on July 29. The small rise around the end of the month shows some hope that the BTG will see some recovery ahead of time, but the hopes were turned down as soon as the price fell down and touched the monthly lows of 340K satoshi on July 31, and…

  • Bitmain To Offer Wi-Fi Routers Mining Cryptocurrencies
    Business

    Bitmain To Offer Wi-Fi Routers Mining Cryptocurrencies

    August 1, 2023 - By 

    Bitmain recently announced that the firm is about to offer its customers with few Wi-Fi routers. These routers will have the ability to mint digital coins while linking customers to the Internet. Canaan is the second major mining-equipment manufacturer in the world. The company revealed that it is planning to sell a TV set that can double as a cryptocurrency mining rig. Bitmain announced its recent offer in the latest marketplace for home mining appliances. Industry experts are expecting that crypto enthusiasts and nonprofessional miners will welcome the latest product. Bitmain’s latest devices called Antrouter R3-SIA and Antrouter R3-DASH are…

  • Bitmain Now Is Heading Towards $18B IPO And AI After Lithography Chips
    Business

    Bitmain Now Is Heading Towards $18B IPO And AI After Lithography Chips

    July 31, 2023 - By 

    Bitmain, the leader in cryptocurrency mining industry, is registering for an IPO (initial public offering) expecting for around $18B by September 2018 and achieve the market capitalization of approximately $50B. The company by the late 2018 or in the early months of 2019 will be among the Hong Kong Stock Exchange list. Bitmain already shut a $1B pre-IPO capitalization round on July 23 and reach a valuation of $15B. The valuation is almost twice the value of Coinbase which is reported to be $8B. The Series A and Series B funding rounds of $50m and $400M respectively of the company…

  • Bitcoin Must Be Preferred Over Gold For Its Functionality
    Business

    Bitcoin Must Be Preferred Over Gold For Its Functionality, Says CryptoOracle Co-Founder

    July 27, 2023 - By 

     Gold has been one of the most common forms of investing in the past years for many reasons that include the rate with which the prices were going up and it is relatively safer as well, to invest in this valuable metal. This has been going on for centuries, all over the world while the other ways to invest started evolving. One of the recent additions to the list of other efficient ways of investing is getting popular with time and is nothing but Bitcoin, among other cryptocurrencies. And now, some people have started to think that this primary investment…

  • Bitcoin Cash Witnesses Increased Acceptance, Bitpay Partners With Dish Network And Flow
    Business

    Bitcoin Cash Witnesses Increased Acceptance, Bitpay Partners With Dish Network And Flow

    July 27, 2023 - By 

    Bitcoin Cash (BCH) supporters will be happy this week to see that there is an increase in the number of businesses accepting the BCH. This increase is said to be owing to Bitpay, the crypto-payment processing company. Reportedly, this week, Bitpay is supposed to announce some tactical joint ventures. The foremost announcement comes from Dish, a subscription TV channel provider. After the partnership with Bitpay, Dish proclaimed on August 9, 2018, that the BCH will be accepted by the firm as a payment choice. Further, Bitpay also announced a collaboration with Flow.io. So, users can utilize BCH for paying the…