Uncertainty in the U.S. elections and sudden half of vote counting bring correction in Bitcoin and the overall crypto market.
PayPal executive and CEO appraised the company’s plans to penetrate the crypto space as well as working with central banks to support CBDCs.
While everyone has been going crazy on Bitcoin, don’t turn a blind eye for ZEC as ZCash approaches it first ever halving on November 18.
The newly amended law required all the licensed crypto miners to sell all coins mined directly to the central bank. This Bitcoins will be used as payments against imports amid heavy sanctions from the United States.
MicroStrategy reported one of the strongest quarterly reasons with its Bitcoin investments giving 22% returns i.e. $100 million just within a few months.
China is looking ahead to introduce a law legalizing the Digital Yuan as a sovereign fiat currency. Although it is open to working with private mobile payment operators, it will still ban other stablecoin operators.
The regulators said that many low-value transactions were found to be suspicious following which they decided to take the move.
Bitcoin and Ethereum investors rejoice as the two cryptocurrencies register strong bullish momentum with higher investor participation.
Payments giant PayPal makes a big bang entry to the crypto space by launching its crypto trading services. It soon plans to start crypto shopping by early 2021.
The world’s largest cryptocurrency extends its market dominance as bulls push its price above $12,000. Analysts say Bitcoin will soon move closer to its ATH of $20,000.