Elon Musk, Twitter, the entire city of Miami, and recently, the United States government. What do they all have in common? They’re all now into crypto. Just last month, U.S. President Joe Biden signed an Executive Order on crypto, which incorporates an objective of advancing the “U.S. competitiveness and leadership” in digital assets and crypto ecosystem. But…

More women have started increasingly investing in cryptocurrencies over the past year, according to a report from Australian cryptocurrency exchange BTC Markets. Among the accelerated user growth the platform experienced over the past year, female participation increased 172%, compared to a mere 80% for men. Upon signing up, women were also found to make larger initial deposits, averaging $2,381,…

The world’s largest cryptocurrency exchange by trading volume has received in-principle approval to operate in the capital of the United Arab Emirates. Despite receiving initial approval to operate as a broker-dealer in virtual assets by Abu Dhabi Global Market, Binance Holdings will still have to complete the application process.  However, Richard Teng, the former ADGM executive and…

ARK Invest CEO Cathie Wood called PayPal’s Venmo a “follower” of Block’s Cash App payment system, which uses Bitcoin’s Lightning Network. ARK Invest, the New York-based investment house helmed by long-time Bitcoin supporter Cathie Wood, has sold off all of its holdings in PayPal and is now leaning towards Jack Dorsey’s firm Block due to its “singular focus” on…

Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made. Interoperability of CBDCs Just under a year after the Tanzanian President Samia Suluhu Hassan asked the country’s…

South Korean president-elect Yoon Suk-yeol is reportedly working with financial authorities to regulate security token offerings (STOs) and initial exchange offerings (IEOs).  See related article: A crypto bull wins the presidency: What it means for South Korea Fast facts STOs, currently being reviewed by Yoon’s Presidential Transition Committee, tokenize traditional securities such as real estate and…

While the global economy continues to hand on a thin line, individuals believe that crypto might overtake stocks in the next few months. According to a report from the Bank of America warning the public, there is an economic recession shock approaching. This statement comes after the Federal Reserve announced plans to shift the monetary policies…

The growth of Bitcoin in recent years is highlighted by the asset’s significant return on investment (ROI) that has dwarfed major stock market indices over the same period. Compared to the S&P 500, Dow Jones Industrials, and Nasdaq indices, Bitcoin has recorded an average ROI of 1,645% over the last five years, data retrieved from Finbold’s Bitcoin ROI…

Bitcoin’s limited supply of 21 million coins ever to exist makes it a great investment tool, claims 23-times Grand Slam, Serena Williams. One of the most successful tennis players of all time – Serena Williams – teamed up with Block Inc’s money transfer service provider – Cash App – to provide women and people of…

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that trillions of dollars will flow into cryptocurrencies, particularly bitcoin. In addition, he said bitcoin mining will “save the world.” O’Leary Says ‘Spigots of Capital’ Will Flood Into Crypto Like You’ve Never Seen Shark Tank star Kevin O’Leary gave a keynote speech at the Bitcoin…