Bitcoin's value has reached its highest valuation on 12 October, surpassing the 10K range that it could not break out for long. Over the last few weeks, the cryptocurrency was stuck within the 10000 USD bracket, and experts feared a perpetual stagnation in the long run. Bitcoin On A Uptrend However, If
COTI has announced investing its resources and efforts to develop a first-ever Decentralized stock market volatility index similar to VIX Index. The index would be named as cVIX and would help crypto traders extensively. It would provide a volatility index of the various cryptocurrencies based on the option prices taking projected
MoneyGram is showcasing tremendous triple digit increase in its digital cross border payments business as it records continuous nine months transactional growth. Ripple partner has announced that it recorded strong growth in the cross-border transactions with 161 percent growth over the years. It's e-commerce or direct to customer platform MoneyGram
Stone Ridge, an asset management company worth 13 Billion AUM, just grew bigger as it announced buying 10,000 Bitcoin as part of its primary treasury reserve asset. The company has joined the bandwagon of mainstream institutions to invest and convert their assets to Bitcoin to escape the uncertainties in economies.
Analyst Willy Woo brought to notice that an increasing number of investors are holding bitcoins instead of trading them, anticipating a fair run for BTC in the first quarter of 2021. Bitcoin has fared exceptionally well in the past year, even though the world's economies suffered turbulent times due to
A $50 Million purchase of Bitcoins would stir every nuke and corner of the crypto industry, Something similar happened when the payments processing company Square announced doing the same; the ripples in the crypto space were inevitable. The company revealed that it procured around 4709 Bitcoins, approximately worth 50 million
The Bitcoin options activity spiked on the Chicago Mercantile Exchange on Wednesday as a large number of stakeholders carried out transactions and bets on BTC call options. A whopping 48 million USD worth of bitcoin options were traded on the CME, making its most massive figure recorded since the end
Chris Larsen, the executive chairman of Ripple Inc, said that the company is looking for options outside of the United States for shifting its headquarters as the crypto regulations are not clear and well defined in the US. Ripple Parting Ways from the US The company is considering Asian or European nations