Nvidia forecast beats expectations but crypto mining’s role remains unclear
Nvidia Corp forecast second-quarter revenue above analyst’s estimates. But shares fell 1% after-hours. This is because the company could not say for certain how much of its recent revenue rise was driven by the volatile cryptocurrency-mining market. In this pandemic the demand for Nvidia graphics chips for video gaming boomed. This resulted in rapid growth rate […]
Citi weighs launching cryptocurrency services after surge in client interest
After a surge in interest from clients, Citigroup Inc is weighing the option of providing cryptocurrency-related services. Itay Tuchman, the bank’s global head of foreign exchange reported to the newspaper that the bank has not yet decided whether it will offer clients cryptocurrency-related services, but trading, custody and financing are all under consideration. Tuchman told the […]
Volatility is most essential for crypto ecosystem
Volatility serves in multiple purposes as the entire crypto ecosystem matures and something to remember in this industry and technology that it is only a decade old, thus the volatility is good for the crypto. New an upcoming industries are by their nature itself volatile as they move forward towards the main stream adoption. This […]
Free Crypto currencies to make you rich!
We are seeing crypto currencies everywhere these days and in any websites we open, we can crypto currencies there. With so much attention to that industry, it is inevitable to obtain bitcoins and other digital currencies is becoming increasingly expensive. However there are few ways you can earn free currencies in 2021. Many of them […]
The increasing scope for digital currencies
The central banks across the world are planning on looking for the possibilities of introducing the digital currencies as the economies move towards the digitization in many sectors. The popularity Bitcoin and other crypto currencies are receiving has created a developed interest in the central banks digital currencies (CBDCs) and it only seems to be […]
FAQ of the Low-income households
Research shows that the lower income households across United Kingdom have had a swim into their savings in order to stay afloat as the pandemic drastically impacted the lives and the savings, while the higher income households have had the opposite opportunity and have grown their savings. Everyone is set to find innovative and new […]
Propine gets approval to provide crypto custody
Regulatory approval from the Monetary Authority of Singapore (MAS) has been granted to Singapore-based start-up Propine to provide crypto custody and security services. Propine, an end-to-end securities services firm providing digital security services to institutional clients, has revealed that it was the first independent Digital Asset Custody service provider to graduate from MAS’ FinTech Regulatory […]
Revitalizing the token market
With interest rates near zero and fears that whipsawing stock markets are set for further plunges, many investors are turning to alternative markets in the search for returns. Money flowing into crypto currency hedge funds and trusts like Grayscale is at all-time highs and the large cap coins seem to be entering a bull phase, […]
Scottish Crypto currency ZUMO records new UK users in December
Zumo is a Scottish digital wallet and payments platform. The company was incorporated in 2018 and the new scheme which was introduced to attract first new 5000 sign ups in the UK reported more than 10,000 registrations in December creating a record of getting unexpected number of users from the UK from the initiated drive […]