NASDAQ CEO Confirms Their Plans of Becoming a Cryptocurrency Exchange in Future
NASDAQ Inc. has just reported positive quarterly earnings, and amidst the success streak, the CEO of the company expressed her interest to turn the organization into a cryptocurrency exchange in the future. The majority of the governments around the world are taking strict action against cryptocurrencies to stop them from being used in illegal websites and to transact money without notifying banks. A part of the government and other...
Australian Government Sets Aside a Small Budget for Blockchain Research
The Australian government has followed the footsteps of other developed countries by setting the trend in the world of cryptocurrency. It was confirmed when the government announced that blockchain technology would receive some money from the 2018-2019 federal budget. The Digital Transformation Agency is the body mandated by the Australian government to do research on blockchain technology to find out where the government would...
More Fundhouses and Investment Banks Could Start Accepting Cryptos Following Goldman Sachs
After what seemed like an endless wait, Wall Street trend-setter Goldman Sachs has finally set up a trading desk dedicated to digital assets. This is the first time the leading investor has taken a position on cryptocurrency-based assets and the move, many feel, may pave the way for other investment companies to follow in the coming weeks. Though the company has expressed its intentions, the actual functioning of this trading...
Volatility in Crypto Pricing Erodes $9 Billion in Market Cap in 24 Hours
The wild fluctuations in the prices of cryptocurrencies have continued through the month of May. In just one day last week, the overall value of market capitalization of all currencies put together fell by over $9 billion. This could send shivers down the spine of the investors who had trusted these digital or virtual currencies to get them phenomenal returns on their investments. The price of Bitcoin (BTC), which constitutes around a...
Popular Crypto YouTuber to Start a TV Show That Would be Funded Only in Bitcoins
A popular YouTuber has decided to take the plunge into the world of cryptocurrencies on a whole new level, confirming that he will start a television show. The show will receive funds only in Bitcoins, and this is expected to continually introduce the currency into the mainstream user base. Bitcoins were often prejudiced as digital currency used only by people in the dark web and to buy illegal goods or drugs. The scenario, however,...