Author: Saheel Khirodkar
Saheel Khirodkar
Saheel works as a content writer for Bitnewstoday. He has always been interested in journalism and enjoys writing. Furthermore, His interest lies in cryptocurrency, and is continuously seeking for new techniques to invest. In his free time, he enjoys staying up to date on the latest industry news and spending time with his family.
Russia will outlaw trading in cryptocurrencies within its borders, as we have seen in numerous press articles, forums, and even television programs.Do you think the Russian government will implement it as quickly as possible despite all the restrictions, or do you think something similar to what has occurred with China for several years will happen?I wonder if it will go the way of India, where the government initially decided to outlaw cryptocurrency but later brought it up for discussion. Digital assets, including cryptocurrencies and other forms of digital currency, have seen a surge in popularity in recent years. They offer…
In 2012, Mati Greenspan, the founder of Quantum Economics, began using Twitter and purchasing bitcoin on the same day. Who exactly is this guy? the amiable but pessimistic When Mati Greenspan was a senior market analyst for eToro, he rose to prominence as a commentator on the cryptocurrency market in outlets like Forbes, Bloomberg, and The Wall Street Journal. In 2019, he left eToro and founded research and advisory firm Quantum Economics on his own. For the past two years, he has been listed among the Top 100 Notable People in Blockchain by Cointelegraph. The reason Greenspan is a lot…
Cardano (ADA) is making progress in the area of development activity while the majority of the cryptocurrency industry is still battling to regain its value following the effects of the FTX collapse, capping off one of the worst years in the history of the industry. In fact, the list released by the on-chain and social metrics platform Santiment on December 30 ranked Cardano as the top blockchain protocol by development activity in 2022, followed by Polkadot (DOT) and Cosmos (ATOM). Fourth place has been taken by Ethereum (ETH), which this year underwent the significant Merge upgrade, followed by Internet Computer…
The largest bitcoin fund in the world, GBTC, has been trading at close to a record-low premium to the price of bitcoin. The Grayscale Bitcoin Trust (GBTC) will have Valkyrie Investments as its sponsor and manager, the company announced this week in a blog post.One of Grayscale’s competitors, Valkyrie, previously introduced a bitcoin trust and an exchange-traded fund (ETF) in 2021. The Tennessee-based company also announced the launch of a new fund, the Valkyrie Opportunistic Fund, LP, as part of their plan to sponsor GBTC, the largest bitcoin fund in the world. The fund seeks to benefit from GBTC’s discount…
Blackhawk Network is a leading global payments provider that offers a range of payment solutions to businesses and consumers around the world. The company was founded in 2001 and is headquartered in Pleasanton, California. Blackhawk is known for its innovative payment technologies, including the Blackhawk Engagement Platform, which enables businesses to manage and optimize their payment processes. The company also offers a range of payment options for consumers, including prepaid cards, gift cards, and mobile payment solutions. In recent news, Blackhawk has announced that it will be integrating Bitcoin’s Lightning Network into its payment platform early next year. The Lightning…
Combating Fraud: How Bold Solutions Can Resurrect Crypto’s Future Saying that times are tough in our industry is hardly an exaggeration. For some time now, the prices of staples like Bitcoin and Ether have been falling, signaling a “crypto winter.” Likewise, since reaching a multibillion-dollar high in January of this year, monthly non-fungible token (NFT) trading volumes have decreased by more than 90%. Of course, the numerous black swan incidents shaking the cryptocurrency world, like the FTX and Three Arrows Capital meltdowns, have only served to exacerbate these declines. In light of everything, it shouldn’t come as a surprise that…
Despite a turbulent year marked by high-profile collapses, a widely respected crypto strategist claims that digital assets are here to stay. InvestAnswers’ anonymous host claims to his 443,000 YouTube viewers that cryptocurrency will eventually exist even if the sector has a difficult year in 2022. The host quotes a study from Ryan Selkis, the CEO and founder of the cryptocurrency intelligence company Messari, who claims that the increasing adoption of Bitcoin and other blockchain technologies is a cause for optimism regarding the emerging asset class. “It’s been a horrible, horrible year. But crypto is inevitable. Bitcoin is emerging as legal…
After denying community reports of an API leak for months, 3Commas finally acknowledged there was one. Being “gaslighted” by users did not go over well. The 3Commas API leak victims are demanding refunds and an apology from the cryptocurrency trading platform for mishandling the whole situation. A constant back and forth between 3Commas and alleged victims of unauthorized trades coming from their accounts has been going on for the past few months. Strongly disputing any hack or breach that may have occurred, 3Commas and its CEO Yuriy Sorokin also ruled out an inside job by an employee gone rogue. Instead,…
If 2021 was the year that NFTs first gained widespread attention, then 2022 was the year of exploration as new initiatives and applications were introduced to test just how transformative the technology might be. These fresh concepts and experiments saw a lot of successes and failures, from the proliferation of new profile picture (PFP) collections to exploratory forays in fashion, music, entertainment, gaming, and metaverse experiences. NFTs (non-fungible tokens), despite the speculative fervour that surrounded them, are proving to be more than just JPEGs on the blockchain. Building international media brands, producing original content, limited-edition products, live events and activations,…
BMW, a German automaker, is utilizing blockchain technology exclusively for the Thai market in an effort to increase productivity and customer engagement. The company hired Coinweb as its blockchain infrastructure provider and BNB Chain as its transaction settlement platform to help with its big transition into Web3. The first phase of the implementation of blockchain additions will concern daily operations. Here, the company wants to use technology to streamline its financial services and automate labor-intensive manual processes. https://twitter.com/CoinwebOfficial/status/1608385747597524992?s=20&t=HdGGQljE3Uo2-3RxFVduaA An updated customer loyalty programme will be the vehicle for the second stage of blockchain integration. Each customer’s standing in the BMW…