Whales are Moving Bitcoin to Crypto Exchanges in Massive Quantities

A bright red bear market alarm was sounded in the crypto community recently. As per data projections shared by CryptoQuant, the whales holding Bitcoin are dumping the flagship cryptocurrency in massive quantities. The CQ analytics tweeted recently that more than 14500 Bitcoin has been sent to the Binance exchange by whales. This massive amount of … Read more

Bank of England Says Cryptocurrency Does Not Yet Pose a Threat to Traditional Finance

When it comes to the topic of cryptocurrency, people have different assumptions and opinions to throw your way. Some stand firm and tall in support of cryptocurrencies and what these represent, while some crucify the base idea that decentralization is a threat to the current financial manifestation. But the Bank of England’s governor has a … Read more

BTC’s $34.5K Massive Resistance – What Next?

At the moment, Bitcoin experiences a massive resistance in the range between $34,000 and $34,500 mark. The levels seem to work perfectly as the leading coin breaks beneath $32,000. Moreover, Bitcoin indicates chances of falling to $30,500 before dipping further to $28,500. Keep in mind that various market players had predicted the losses as the … Read more

Microsoft is Building Second Layer Network on Top of Bitcoin Mainnet

Microsoft is a brand name that almost every person on the planet knows. Thus far, Microsoft has successfully introduced an operating system that is implemented across all the computers in the world except for a few exceptions. Now Microsoft is working on another new technology based on cryptocurrencies that may be the next significant phenomenon … Read more

Financial Institutions in Germany can Now Add Crypto Assets to their Balance Sheets

The German regulators have recently made a big leap for crypto adoption. The financial institutions will now be able to convert as much as 20% of their fund reserves into cryptocurrencies. Nevertheless, the German regulators have also issued warnings for the institutions to proceed with caution. The Federal Financial Supervisory Authority has been attempting to … Read more

The World Economic Forum Claims Blockchain can Cure Corruption

The World Economic Forum is an international NGO founded in 1971. The forum’s mission is to find ideas for the betterment of political, economic, and enterprise practices. A new blog post from WEF has taken note of blockchain technology and its efficiency for increased transparency and counter corruption functionality. The post suggests that a dominant … Read more