Pundits of cryptocurrencies and Bitcoin supporters alike all agree, that the biggest barrier to adoption is mainstream acceptance. It won’t be until crypto achieves VISA-level penetration that the asset class has a chance to replace cash. But how fast does that happen if VISA themselves fully embrace the emerging asset class? Following the payments giant…
The son of former Nissan chairman Carlos Ghosn made $500k in crypto payments to help secure the escape of his father from Japanese authorities. The case goes back as far as November 2018, when police first arrested Ghosn in Tokyo on charges of underreporting his earnings. Since then, further investigations have turned up a string…
Strong Q2 results from Tesla have some industry observers calling it the new Bitcoin. $TSLA is the new Bitcoin — Ramp Capital (@RampCapitalLLC) July 22, 2020 Records show Bitcoin first traded for $0.003 in March 2010 on the now-obsolete BitcoinMarket.com exchange. At today’s price, that’s over 300,000,000% gains since that date. Tesla stock has some…
Many believe that the next catalyst for Bitcoin’s growth will be its positioning as a “safe haven” asset that investors turn to protect their capital from shrinking due to inflation and economic turbulence. Although there’s no doubt that Bitcoin is fundamentally positioned to fit this role, it remains somewhat unclear as to whether or not…
In an interview with Altcoin Daily, Binance founder, and CEO, Changpeng Zhao (CZ) answered true to Bitcoin reaching a $1 million valuation one day. However, considering that the price prediction came from a quickfire, true, or false segment at the end of the interview, it would be wise to take this valuation with skepticism. Of…
Data shows that the impacts of the recent Twitter hack were fairly limited, with a small handful of users sending just over $100,000 worth of Bitcoin to the address shilled as part of a classic crypto giveaway scam.According to recent reports, it appears that the impacts of the scam were almost far greater than this,…
Crypto derivatives exchange, BitMEX, has announced the launch of Litecoin quanto perpetual contracts on its trading platform.We’re further diversifying trading opportunities with the launch of our fifth quanto swap – say hello to the LTCUSD quanto perpetual swap, launching on 30 July 2020. More details on our blog: https://t.co/ObYhgH86od pic.twitter.com/HhJydXNU4X— BitMEX (@BitMEX) July 21, 2020The…
In an attempt to stay ahead of the curve, payment provider Mastercard has been foraying into the crypto industry throughout the past several months.Their excitement surrounding the future of currency appears to be growing as well, as they recently announced plans to accelerate their digital assets program.This will allow issuers to rapidly bring safe and…
For investors that lack the ability or drive to deal with opening an exchange account, acquiring exposure to assets like Bitcoin Cash, Litecoin, and the like is difficult. Yet on Monday, Grayscale Investments, a cryptocurrency asset manager based in New York, revealed that these barriers to entry are starting to fall.Related Reading: Crypto Tidbits: Twitter’s “Bitcoin Scam,”…
It hasn’t been even a week since the last announcement, and OKEx is back at it again by announcing the listing of one more cryptocurrency. According to the leading crypto spot and derivatives exchange platform, Web3 Foundation’s Polkadot (DOT) token is now available for spot trading against USDT.Polkadot is a scalable, interoperable, and secure network…