Binance will no longer be able to process Mastercard or Visa transactions made in Russia starting Wednesday, March 9. This is the reason why Binance, the world’s largest cryptocurrency exchange in terms of trading volume, has been suspended by the U.S. payment processing companies. In line with policy changes made by the two financial service corporations, […]
Author: Thomas Schmidt
Bitcoin’s Inflation Narrative Boosts as USD Losses 97% Value vs BTC
Its strong ROI vs USD, growing value and high ROI have made it a top cryptocurrency. Although Bitcoin’s inflation hedge argument and store value argument are often speculated, BTC has proven to be a strong defender. BTC: A Practical Inflation Hedge Bitcoin was launched more than 20 years ago. Many investors now see it as a hedge against […]
FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange
Crypto exchange FTX will enter the Japanese crypto market. Wednesday’s tweet from Sam Bankman-Fried, CEO of FTX: FTX is proud to announce the acquisition by the Liquid group companies, which includes an FSA-registered cryptoasset exchange. This will allow us to offer products and services in Japan to our customers. Wednesday’s tweet from Liquid was independent: ‘Liquid […]
Popularity of Altcoins Dampens Bitcoin Payments: Report
Since the 2009 birth of Bitcoin, an estimated 7,000 additional cryptocurrencies have been created and are currently in circulation. Bitcoin is still the most popular cryptocurrency, but there have been other cryptocurrencies that have become more popular in recent years. Altcoins are cryptocurrencies that are not Bitcoin. Altcoins such as Ether, Litecoin and Dash are quickly gaining popularity […]
Close to $50 Million in Bitcoin From 2011 Moved for the First Time in 10.5 Years
A address was created on Wednesday, July 10, 2011 at 11:22 (UTC). It contained 500 bitcoin ( Bitcoin). On Wednesday, the was transferred for the first time in 10.5 year. Another wallet was created the same day in 2011. distributed 500 BTC, which is more than $23,000,000 at the time. A wallet containing 40 Bitcoin, worth $1.8 Million was transferred on August 12, 2011. […]