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The Metaverse Is the Next Big Investment Theme, According to Morgan Stanley

According to a note sent to investors on Thursday, Morgan Stanley, the largest investment bank in the world, said it believes the metaverse is the next big investment opportunity. The metaverse is an idea that allows individuals to create their own universe and do real-life tasks like buying things or gaming with others. Companies are already attempting […]

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The Advantages of Bitcoin Trading You Should Know About

Bitcoin (BTC), a cryptocurrency that is also an innovative payment network, was created in response to the 2008-09 financial crisis. The many benefits of digital currency include lightning-fast transactions, low fees, and the ability to bypass any privacy concerns that bitcoin may have. Every day, more and more people and traders are jumping on the bitcoin train. We’ll […]

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These are the 3 main drivers behind bitcoin’s 35% rally over the past week, according to JPMorgan

Bitcoin has experienced an incredible rally from its September lows of $40,000, quickly surpassing technical resistance levels and gaining almost 35%. Bitcoin’s rise past a $1 trillion market value is due to a variety of factors, JPMorgan stated in a note Thursday. Bitcoin’s increasing role as an inflation hedge has helped to lift gold prices which have been flat […]

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Chinese bitcoin mining company Saitech to go public on Nasdaq via SPAC

Chinese bitcoin mining company Saitech Ltd. will go public via a merger with a special-purpose acquisition company on Nasdaq. The deal will see Saitech merge with TradeUP Global Corp for a pro-form equity value of $228 millions. TradeUP Global has $44.9 million of cash that will be used by Saitech to support its growth plans and provide additional […]

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Paypal Completes Rollout of Crypto Offering in UK: First International Expansion Outside US

The rollout of the U.K. crypto service was completed by payments giant Paypal Inc., the company announced Friday. The rollout started in August, when the company launched its crypto service in U.K. Twitter account for Paypal U.K. We are pleased to announce that all UK customers can now purchase, hold, and sell cryptocurrency bitcoin, ethereum or bitcoin cash […]

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This country just made Bitcoin legal tender

The biggest test Bitcoin has ever faced in its 12-year history is about to come when El Salvador adopts it Tuesday as legal tender. Both supporters and opponents of crytocurrencies are going to be watching the experiment closely to determine if there is a substantial number of people who want to transact Bitcoin, when it […]

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Nearly 1 million shares of Grayscale Bitcoin Trust are owned by Morgan Stanley

Morgan Stanley is the US’s largest investment bank. It was established in 1935. The headquarters are located in Manhattan. Morgan Stanley, a long-standing firm, is thrilled to embrace new technology. Recent reports suggest that Morgan Stanley may have nearly one million shares in Grayscale Bitcoin Trust. This amounts to almost $36 million and accounts for approximately 700 Bitcoins. It […]

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The fiendish new trick cyber-criminals are using to evade capture

This battle between authorities and criminals has been going on for years in cyber-realm. Many cyber-criminals were caught in the past two years despite the anonymity of cryptocurrency. This was due to new techniques that allow them to track their funds using the blockchain. Could the tide be changing? On the darknet, a new service […]

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Bitcoin and Ethereum Test Resistance

The price of Bitcoin is now at $40,000 resistance, an area where BTC has not been able to move above since it fell below it on May 19, . Resistance is also found at $42,000, $44,000 and $40,000 respectively. However, a break above $40,000 will be significant and could signal another rally in Bitcoin. BTC also tested […]

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Amazon ‘definitely’ lining up Bitcoin payments and token, confirms insider

An insider claims that Amazon wants to accept Bitcoin payments “by the end of this year” and is currently investigating its own token for 2022. After publishing a job posting for a lead in cryptocurrency and blockchain, the internet giant set tongues wagging this weekend. This vacancy is clearly an indication that the company intends […]