Corporations get behind crypto as Bitcoin reclaims $50K

Cardano and Algorand lead another week of gains for digital assets Bitcoin has once again passed the key milestone of $50K after a week that saw some of the biggest global corporations make moves on the digital asset market. Retail giant Walmart posted a job for a crypto expert to investigate virtual payment options, Facebook announced that their crypto walletContinue reading “Corporations get behind crypto as Bitcoin reclaims $50K”

What is Cryptocurrency? A Beginner’s Guide

You have heard about it on the news or from a friend, but what exactly is cryptocurrency? Don’t feel down if you don’t yet have a firm grasp on this new asset class. Cryptocurrencies can be difficult to understand if you don’t know the basics. To give you a better understanding of what cryptocurrency isContinue reading “What is Cryptocurrency? A Beginner’s Guide”

Oil gains on OPEC+ cut talks

OPEC+ will resume talks today with a view to planning for 2021 and the continuation of output cuts to support the oil price in a time when demand is lower as the world recovers from the pandemic. A deal is expected to be reached for cuts of 7.7 million barrels per day which has seenContinue reading “Oil gains on OPEC+ cut talks”

Facebook’s Libra to launch as soon as January

Libra, the cryptoasset devised by Facebook, is reportedly planning to launch as early as January, as per the Financial Times, although it will be a scaled down version of what was originally planned. The FT quotes unnamed sources as saying the launch will now be focused on one single cryptoasset, rather than the launch of several coins.Continue reading “Facebook’s Libra to launch as soon as January”

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