​Janet Yellen, President Joe Biden’s U.S. Treasury Secretary nominee, seems to have balanced her statements about Bitcoin and crypto, after her previous negative rhetoric about the emerging technology. Janet Yellen Acknowledges Crypto’s Benefits In a written response to the U.S. Senate Finance Committee on Thursday (Jan. 21,…
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Bitcoin price has gone through two days of selling in a row, bringing the price below $ 30,000. Additionally, the ETH funding rate for the leveraged positions is cooling off after a very hot few weeks. At press time, BTC is trading around $ 29,671, down 15%…
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The Capital: Cryptocurrency vs. Currency

Wednesday, 20 January 2021 12:14
USD, YEN, and GBP vs BTC, ETH, and USDTDigital MoneyWhat is money?Money is a system that allows us to buy, sell and transact with one another. The exact definition is “a medium to facilitate exchange.”Money, the medium of exchange, comes in many forms, including coins, banknotes, digital money, cheques,…
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Data from the CFTC show the largest week-to-week drop against the dollar, since September. Net shorts of USD reached the highest mark on record in terms of dollars. The shorts reached $35 billion, a $3.7 billion increase in other currencies, according to Scotiabank. Europe did well last…
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CryptoTwitter: Ethereum popular in France, Bitcoin in Brazil? Twitter users have grasped the cryptosphere trends that exist on the web. Ethereum reigned supreme on French Twitter, according to Alistair Milne, a bitcoin investor In turn, Neto Guarachi, a Brazilian journalist, said that bitcoin has been trending in…
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Ark Invest founder and CEO Cathie Wood says she is expecting a new wave of institutional investors to put Bitcoin on their balance sheets. In an episode of ARK Invest’s In the Know series, Cathie Wood says she is witnessing a spike in institutional interest in Bitcoin.…
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Bitcoin's 2020/2021 rally is more sustainable than the 2016/2017 run as the demand for the asset has grown substantially, CoinGecko asserted.
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Why is there so much craze for DeFi in the market? What makes DeFi the hottest topic in the crypto space right now? Why do people get attracted towards DeFi rather than traditional finance that has been in existence for a long time? The answer to all…
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Crypto banking is a firmly established niche replacing both the traditional online banking and online lending.
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Middle East Venture Partners was the lead investor, with other participants, including Coinbase, Vision Ventures, and DIFC Fintech Fund. Rain Financial raised a total of $6 million but did not disclose the final valuation. Coinbase Makes it Rain Rain is the first licensed cryptocurrency platform in the…
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