Cryptocurrency - The Bitcoin Beat

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Jewel Bank To launch The First USD-Backed Stablecoin In Bermuda

Samuel Pomerleau Dec 18, 2022 0 Comments

According to Jewel Bank founder and chairman Chance Barnett, institutions in Bermuda will have access to real-time transactions using the stablecoin pegged to the US dollar. The first stablecoin to…

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Paradigm Reduces Staff Salaries By 15% Due To FTX Contagion

Samuel Pomerleau Dec 16, 2022 0 Comments

Paradigm, a crypto derivative trading firm, has reduced the salaries of its workers by 15%. Notably, this OTC company is in no way affiliated with a popular crypto investment firm…

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Huobi Global isn’t Firing Any of its Workers

Samuel Pomerleau Dec 15, 2022 0 Comments

A well-known cryptocurrency exchange, Huobi Global, has denied claims that it may fire some of its staff. Additionally, it has refuted reports that 2 of its top executives recently offered…

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The FTX Debacle Creates New Opportunities For The Crypto Industry

Samuel Pomerleau Dec 14, 2022 0 Comments

While many people are talking about the fallout of the worst scandal in crypto’s history, there are some experts who believe that this is not a catastrophe. Specialists involved in…

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Bitcoin Price Increased By 5% During One Day

Samuel Pomerleau Dec 13, 2022 0 Comments

Although inflation falls short of forecasts, one expert caution that Bitcoin is still susceptible to the effects of a risk coin "deflationary panic" in the first quarter of the next…

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The New Ren Operational System Will Be Launched Soon

Samuel Pomerleau Dec 12, 2022 0 Comments

The user is cautioned by Ren's log not to open the token. According to the team's tweets, withdrawals and deposits will both be void after 30 days. The instruction for…

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The Crisis Of Crypto Is Fueled In Part By Imbalance In Technology

Samuel Pomerleau Dec 11, 2022 0 Comments

Alarmists in the crypto community are talking about the Fed, regulations, and shady machinations behind the scenes. Optimists are talking about a bright future with no central authorities and worldwide…

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The United Kingdom Wants to Regulate Crypto

Samuel Pomerleau Dec 9, 2022 0 Comments

The question of regulations is a recurring one. With each new incident in the crypto industry, experts start talking about the importance of regulations with renewed intensity and vigor. However,…

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Bitcoin May End Up Plunging to $10,000, Prediction by Mark Mobius

James Thomas Nov 29, 2022 0 Comments

Mark Mobius, the founder of the capital firm Mobius Capital Partners has made a prediction about the future trading price of Bitcoin (BTC). He has predicted that the BTC trading…

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Current Crypto Crisis Reduces ETF Assets in a Market That Has Accepted Them

James Thomas Nov 28, 2022 0 Comments

The enormous decline in ETF assets has resulted from the declining price of Bitcoin and other cryptocurrencies, rather than from small withdrawals. According to Straus statistics, crypto ETFs witnessed C$51…

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Data Shows Above 6k Crypto Powered ATMs Installed Worldwide & Majority Landed In US

James Thomas Nov 27, 2022 0 Comments

Data suggests that year-to-date at least 6100 crypto-powered automated teller machines have been installed throughout the world, however, the most number of crypto ATMs landed in and are serving the…

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Concerned Over FTX, US Lawmakers Advise Fidelity Not To Pursue BTC 401(K) Offer

James Thomas Nov 26, 2022 0 Comments

Fidelity Investments of the US has been called upon by US lawmakers not to pursue its BTC 401(k) retirement offer. Lawmakers are of the view that there is a huge…

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Dogecoin Is Observing Strong Rallies, Twitter May Add A Positive Factor To Its Price

James Thomas Nov 25, 2022 0 Comments

Dogecoin (DOGE) has displayed a strong performance in the latest trading session. It is among the few luckiest crypto whose prices have moved in the exact opposite direction versus the…

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A Major Crypto Lending Firm Investigated by Authorities, Caution for Users

James Thomas Nov 24, 2022 0 Comments

Hodlnaut, a major cryptocurrency lending firm based in Singapore is currently being investigated by the local authorities. The Singapore police authorities have launched a probe against the firm. The reason…

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CoinMarketCap Launches A New Feature That Is Going To Reduce Major Crashes In Future

James Thomas Nov 23, 2022 0 Comments

CoinMarketCap has announced the launch of a new feature that will help track cryptocurrencies on a different level. The firm has tried clearing out the ambiguity factor from the cryptocurrency…

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Shark Tank Star O’Leary Bashed For Suggesting He’d Continue To Support FTX’s CEO

James Thomas Nov 21, 2022 0 Comments

Kevin O’Leary, popularly known as ‘Mr. Wonderful’, was bashed by the public on social media platforms when he suggested that he would continue to support FTX’s CEO, Sam Bankman-Fried. People…

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Under Authorization Of Manhattan District Attorney Crypto Funds Worth $1.3 Million Frozen

James Thomas Nov 20, 2022 0 Comments

District Attorney’s Office in the Manhattan District has issued orders of freezing funds in crypto worth roughly US$ 1.3 Million. The frozen funds shall be distributed amongst the victims of…

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Top US Regulators Accuse FTX Of Mismanaging Funds Belonging To Customers

James Thomas Nov 19, 2022 0 Comments

FTX and Its Operations under Scrutiny by DOJ and SEC Top US regulators i.e. Department of Justice (DOJ) and Securities & Exchange Commission (SEC) are currently investigating a collapsed crypto…

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Ripple Is Pursuing A License In Ireland For Expanding In The EU

James Thomas Nov 18, 2022 0 Comments

The top lawyer for US-based Ripple Labs said that the company no longer generates most of its income in the United States and is interested in expanding its operations in…

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XRP Price Surges More Than 10% As More Support Keeps Coming In Its Favor

James Thomas Nov 17, 2022 0 Comments

November 7 has proven to be the worst day of the running month so far for the entire crypto industry. It was the day when the FTX exchange’s balance sheet…

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BlockFi Contemplating Bankruptcy Filing After FTX Collapse

James Thomas Nov 16, 2022 0 Comments

On Tuesday, a source close to BlockFi revealed that the crypto lending platform was contemplating filing for Chapter 11 bankruptcy, after the collapse of the FTX crypto exchange. The company…

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FTX Token’s Existence Keeps Fading as Exchanges Keep Delisting its Trading Pairs

James Thomas Nov 15, 2022 0 Comments

From November 7 until now, the FTX crash has continued causing great turmoil to the entire cryptocurrency industry. With the passing of every day, the situation is getting worse for…

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New Bankruptcy Filing From FTX Shows Over 1 Million Creditors

James Thomas Nov 14, 2022 0 Comments

According to a new bankruptcy filing from embattled crypto exchange FTX, its total number of creditors may be over a million. This is just a hint of the massive impact…

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Bitcoin Cash Expects a Major Boost with Interest Coming from St. Kitts and Nevis

James Thomas Nov 13, 2022 0 Comments

St. Kitts and Nevis are among the list of nations that are growing eager to welcome cryptocurrencies. The country situated in the Caribbean is taking a great amount of interest…

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Crypto Exchange Bitso Introduces QR Payments In Argentina For Tourists

James Thomas Nov 12, 2022 0 Comments

One of the biggest crypto exchanges in Latam, Bitso has introduced a QR payments program in Argentina, which is aimed at facilitating tourists in the country. The aim of the…