A1 Telekom, one of the largest mobile network operators in Austria, is reportedly planning to take cryptocurrency payments at some of its store locations. Established in 1881 and headquartered in Vienna, A1 currently serves around 2.1 million fixed (home) lines and 5.1 million mobile connections throughout the European nation. The...
Circle Internet Financial, a global fintech firm focused on the crypto and blockchain sector, is looking for a general partner who will help the company raise $100 million. Leveraging SeedInvest’s Network of 250,000 Investors The multi-million dollar venture capital fund is reportedly set to take advantage of the deal flow...
Jeremy Allaire, CEO of Circle Internet Financial, a leading global finance firm focused on blockchain technology, pointed out that China is ahead of the US when it comes to developing a sovereign digital currency. This might give Chinese businesses an advantage over American companies, Allaire argued. China Might Bypass Western...
Tulip Mania Breaks Billionaires Bitcoin (BTC) has created unimaginable wealth for its early adopters. The Winklevoss Twins, for instance, flipped millions into billions, as did venture capitalist Tim Draper. But, the cryptocurrency has also led to heavy losses for investors across the board, from small fish mom & pop investors...
Overstock Loses Bitcoin Proponent, But Keeps Crypto Focus This week, Overstock, a large pro-Bitcoin and pro-crypto American technology and retail giant, saw its chief executive bite the dust. Patrick Bryne issued a letter to shareholders late last week, announcing that he would be stepping down from his position as a...
Drop USD? According to JP Morgan, the U.S. Dollar may be on its way out. This may be bullish for Bitcoin. Jan Nieuwenhuijs, an analyst of gold, recently tweeted out a report from JP Morgan — one of the world’s largest banks. The jaw-dropping report revealed that the famous bank...
Ripple Chief Tackles FUD As detailed by this outlet previously, sentiment is mounting against Ripple and its go-to crypto asset, XRP. You see, year to date, the cryptocurrency is down 20% on the year, shedding $3 billion in market capitalization this year. It and Stellar are the only top 15...
Despite the recent lull in the Bitcoin (BTC) price, it is clear that the cryptocurrency market is back in another uptrend. Year to date, BTC has rallied some 200%; altcoins are up a similar amount in the same time frame. This is great, but it may just be about to...
Gold Outperforms as Markets Tumble While many eyes are firmly on Bitcoin, the investment community would be remiss to forget gold. Over the past few months, the precious metal has been booming. In fact, it, alongside Bitcoin and its cryptocurrency ilk, is one of the best performing large-cap assets to...
Bakkt Prepping to Launch It seems that Bakkt is arriving at the Bitcoin party a bit early. Announced in a tweet on Wednesday morning, the long-awaited crypto exchange startup will start managing custody of its customers’ BTC on September 6th — a Friday. According to the tweet, this custody solution...
A new blockchain project is being launched to help stabilize and improve Chile’s stock market and attract foreign investors. The Santiago Stock Exchange (STE), Central Securities Depository (DCV), and the Global Trade Directory (GTD) are set to establish a blockchain association, in order to work on a Hyperledger blockchain initiative....
Bitcoin May Resume Rally to $20,000 Bitcoin has been absolutely slammed over the past day. According to Coin Market Cap data, the cryptocurrency has shed some 7% in the past 24 hours, while altcoins have fallen by a similar amount. Despite this bearish price action, which some analysts say is...
