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Georgian Government Uses Blockchain to Promote Its Wines as the U.S. seeks to regulate Stablecoins.
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Author: Jeffrey Taylor

The Georgia Government, on Wednesday, seeks to bring its wine industry to the 21st century by accepting collaboration with Blockchain to put its wine-making industry to the world’s forefront. Currently, Georgia has a long-standing history of wine production for more than 8000 years. The wine industry in Georgia still maintains a large part of the […]

26 Jul 2021
Senator Stresses Bitcoin’s Battle in Eliminating Criminal Baggage
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Author: Michael Stern

On Wednesday, a Republican senator, Chuck Grassley, called out Bitcoin for supporting crime with its anonymous exchange mechanism. He backed his claim using some ‘distorted estimates’ to run down the bitcoin image Uphill. Cryptocurrency has been facing several battles in breaking the seedier assumptions of its Silk Road past. Senator Chuck had called for a […]

21 Jul 2021
U.S Stock Market Hangs in the Balance as Inflation Continues to Rise
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Author: Maria Andretti

On Wednesday, the U.S stock market received data showing the most significant increase in inflation in 13 years. This data has fueled the notion that the pandemic stimulus program will be exited earlier than anticipated. Consequently, the rise in inflation has also affected Asian shares and has gotten many investors worried about the next action. […]

20 Jul 2021
FBI foresees threats to Digital currency exchangers in coming weeks
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Author: Jeffrey Taylor

The Federal Bureau of Investigation has on Monday, the 12th of July issued a warning to crypto exchange merchants such as Binance and Coinbase, about a possible attack on its platforms this week. They declared that there are persons who are routinely monitoring these platforms for possible ways they can attack and claim their assets. […]

14 Jul 2021
U.S Unemployment Slumps to a New Dip
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Author: Maria Andretti

On Wednesday, the Wall Street Journal Survey announced that there would be an estimated reduction for first-time applicants for unemployment benefits for the first time in recent times. The figure, which stood at 364,000 for the week ending June 26, is estimated to be 350,000 for the week ending on July 3. According to UNCTAD, […]

12 Jul 2021
Cryptocurrency takes the forefront as big firms shift in favor of the digital economy
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Author: Michael Stern

On Wednesday, Visa Inc., the multinational payment processor, announced that crypto-linked cards exceeded $1 billion in spending in 2021 H1. This was made possible by its partnership with 50 cryptocurrency platforms like Binance and Coinbase, delivering crypto-based payment processing to over 70 million merchants worldwide.  There is a question of how long it took Visa […]

8 Jul 2021
Crypto Strategist Says Bitcoin Pullback Is Shaking Out Investors Who Have ‘Paper Hands’
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Author: Maria Andretti

Longtime crypto bull and strategist Meltem Demirors told CNBC on Tuesday that Bitcoin is weeding out weaker investors. The shake-off comes after Bitcoin experienced a contraction.  Demirors who is the Chief Strategist Officer at CoinShares made the statement following a turbulent period for Bitcoin. The turbulent ride began with a great dip before it bounced […]

5 Jul 2021
Bitcoin Jumps 5% as El Salvador Braces for Crypto Law
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Author: Michael Stern

While China is cracking down on Bitcoin and some countries like Bolivia, Russia and Vietnam have essentially made its use illegal. El Salvador is championing Bitcoin’s emergence as a legal tender. When the law comes into effect, El Salvador will be the first country in the world to adopt Bitcoin as a legal tender. That […]

1 Jul 2021
Advisors Warn of Looming Recession as the Federal Reserve Lags on Inflation
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Author: Maria Andretti

Since the pandemic struck in February 2020, the United States economy has been needing resuscitation. Several pieces of legislation have been signed to help bring the economy back on its feet and the country has seen great improvement. However, the National Bureau of Economic Research strongly believes that the country is still in a recession.  […]

30 Jun 2021