Coinbase Allowing Users to Deposit Paychecks To Their Exchange

Brian Armstrong, CEO of Coinbase, has announced a new feature that boosts convenience for regular traders on his company’s platform. Users can now deposit some or all of their paycheck directly to their Coinbase wallet. Straight To The Coinbase Exchange Coinbase’s blog announced that the new feature will save users time from steps formerly necessary for transferring money. Rather than manually moving funds from their PayPal or bank accounts, traders can send their paychecks directly to Coinbase. This makes life…

Vietnam Finance Ministry Warns Of Crypto Trading Risks 

Vietnam Ministry of Finance has warned citizens against the dangers of illegal trading and investing in cryptocurrencies. This comes following the growing popularity of cryptocurrencies, particularly bitcoin in the Asian nation.  A primary concern for authorities  As per a report from local news outlet Vietnambreakingnews the Ministry of Finance put out the warning on March 2nd, the story says that the ministry is wary that cryptocurrencies are associated with high-tech crimes in the nation.  The ministry noted that crypto trading…

Why Payment Giants Like VISA and MasterCard Finally Embrace Cryptocurrencies

Since its early days, the cryptocurrency market has been looking towards national governments to facilitate global adoption. However, they may have been barking at the wrong tree all along. New state regulations for crypto use and blockchain implementation are necessary. But, their application is tediously slow. Global payment processors like Mastercard and Visa can accelerate the process. Their latest projects show that they are finally ready to embrace cryptocurrency. Why now? Well, that’s what we’re trying to find out today!…

6 Main Factors Responsible for Cryptocurrency Volatility

The volatile and unstable nature of cryptocurrency makes it a great investment opportunity. When correctly harnessed, cryptocurrency investments can be very profitable. There is a wide variety of cryptocurrencies in the market, and some cryptocurrencies are more volatile than others. The more volatile it is, the higher the investment risk. The risks and uncertainty brought about by this volatility constitute a significant setback as it makes some people hesitant to embrace cryptocurrencies. This constant shift in price and value also…

Lightning Network Statistics Fall as Bitcoin Drops

The Lightning Network is significantly dropping, as reported by the Defi Pulse on the 14th of March.  Charts are indicating the total value locked (TVL) in Lightning Network, revealed an over 2-day period drop. The figure dropped to $4.30m on the 13th of March, from $7.073m the previous day, and thus a decline of about 65% in a day. Bitcoin’s crash accelerated the most long-short liquidations on BitMEX in 16 months. Bitcoin dropped from $7200 to a low of $5675…