Indonesian Government to Launch Crypto Bourse This Year

Watching certain indicators gives an indication of a possible Bitcoin price drop. Bitcoin (BTC) price hovers around the $23,000 range as high volatility has engulfed the cryptocurrency in recent days. After opening the week well above the $24,000 mark, Bitcoin is now trading in the $23,000 range. Meanwhile, recent trading activity by short-term investors indicates…

Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased at the premier tournament during the…

As the week draws to a close, there have been some interesting changes in the price of bitcoin. The digital asset that was struggling to hold onto $20,000 finally broke out of that slump and managed to rally to $22,000. This rally naturally led to market sell-offs, and over time these sell-offs increased with the…

The Brazilian Development Bank officially launched the Brazilian Blockchain Network, a framework designed to help other institutions in the country increase public transparency. The launch, which was also attended by the Federal Court of Accounts, serves to invite more institutions to join this project, which aims to have the first applications ready by 2023. Brazilian…

Coinbase CEO Brian Armstrong says the exchange is now facing the unwanted consequences of growing its workforce too fast. In a new statement, Armstrong says companies tend to become less efficient when they scale up, affecting their ability to focus on customers. “While this trajectory is natural, it is not inevitable. Every great company, from…

Revolut, which is a British fintech and banking company, has decided to launch a new feature called “spend with cryptocurrencies”. This feature helps convert customers’ crypto balance into fiat money. This will essentially make it faster for Revolut cardholders to sell their crypto assets and funnel money to their credentials in real time to pay…