A Quick Guide on Crypto Investments as a Type of Business

Anyone who follows the latest news in the financial industry knows that companies investing in cryptocurrency are a growing trend in 2021. Enterprises are increasingly eager to integrate crypto into their business. That’s because numerous business processes can benefit from blockchain technology. For example, an online gaming website like Overdrive could simplify the payouts for international clients. There … Read more →

What Are the Best Cryptocurrency Exchanges?

The best cryptocurrency exchanges all share some interesting commonalities. Cryptocurrency, as a digital asset, has become the trader’s dream. Cryptocurrency exchanges are open 24/7, and the assets themselves, like Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC), offer uniquely potent price movement that can give day traders and other high-volume movers an edge over other asset … Read more →

Sotheby’s to Accept Cryptocurrency in Rare 100-Carat Diamond Auction

The large “Key 10138” rare diamond will be auctioned off by Sotheby’s on Friday, July 9, 2021. Sotheby’s is scheduled to auction off a diamond that is over 100 carats on Friday in Hong Kong, and while its exceptionally large size and clarity rating make it remarkable, it is also making headlines because the auction … Read more →

Dogecoin surges after Baby Doge Tweet by Elon Musk

The price of Dogecoin bounced back from its lows right after a ‘Baby Doge’ tweet from Elon Musk. Shortly after Musk’s tweet on Thursday, Coindesk data showed that the cryptocurrency surged over 3% to $0.25. The digital coin has stabilized since then and was trading at $0.24 on Friday morning. Aside from Dogecoin, its spin-off … Read more →

Bitcoin made Legal Tender in El Salvador, becomes First Nation to Adopt Cryptocurrency

The price of Bitcoin surged this week, after the Central American nation El Salvador passed a law to adopt bitcoin as legal tender on Wednesday. The cryptocurrency soared 7% and exceeded $37,000, from a previous low price of about $31,000. According to CoinDesk data, bitcoin last changed hands at $37,059.78 at 9:14 a.m. GMT +8 … Read more →

China to Hand Out $6.2M in Digital Currency to Beijing Residents by Lottery

The People’s Republic of China will be handing out 40 million renminbi ($6.2 million) of its digital currency to Beijing residents via a lottery. Citizens of the Chinese capital may use two banking apps in order to apply to win one of the 200,000 so-called “Ang Pao” or red envelopes as part of the lottery, … Read more →

6 Pros Of Cryptocurrency In 2021

Cryptocurrency is a new way of investment. But most people are totally unaware of the potential that Cryptocurrency has. Just because of the lack of knowledge and understanding, they do not consider the pros of Cryptocurrency.  Though there are a lot of people who have plenty of knowledge about Cryptocurrency but cannot decide whether it … Read more →

Bitcoin drops 12% after Tesla suspends Crypto Payment for its Vehicles

The price of bitcoin has plummeted after Tesla CEO Elon Musk announced that his company will be suspending the move to accept crytocurrency as payment for its electric vehicles. According to cryptocurrency news site Coindesk, bitcoin was down around 12% early Thursday morning, which brings the coin’s price down to about $50,900. After months of … Read more →

The First Man in Asia to Buy a Lamborghini Using Bitcoin

A Thai national has made headlines after he reportedly bought a Lamborghini using the cryptocurrency Bitcoin. Jo Chirawat managed to drive home his brand new Lambo after placing a downpayment at a luxury car dealership Renazzo Motor Co. Ltd. In Bangkok, Thailand. Alongside the cash advance paid via Bitcoin, the remaining payment will also be … Read more →

Sotheby’s introduces Cryptocurrency Payment Option for Famous Banksy Painting

This is the first time Sotheby’s will allow the winning bidder to have the option of paying for the hammer price of a Banksy artwork with cryptocurrency. Sotheby’s shall become the first major auction house to start accepting cryptocurrencies as a payment method for physical art pieces, following its previous sales with digital NFT art … Read more →