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Cash ‘on the Verge of Collapse’ While Bitcoin Transactions Near Record Highs

A new report claims that cash is “on the verge of collapse” in the UK, with cash transactions expected to almost vanish in the next decade.Meanwhile, bitcoin transaction volume is surging towards an all-time high and mainstream vendors like Starbucks and Krogers are considering methods of cryptocurrency payments.The outdated cash

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Square Bitcoin Revenue Success Contrasts Profit Warnings After Record Q4 Results

United States-based payment platform Square reported $166 million in annual Bitcoin (BTC) revenue for 2018, data from its annual earnings report published Feb. 27 confirms.Square, which shares its CEO Jack Dorsey with Twitter, achieved just over $52 million in Bitcoin sales for Q4, surpassing Q3 by $9 million and Q2

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Crypto Markets Recovering After Yesterday’s Dive, Palladium Hits New Record High

Monday, Feb. 25 —  cryptocurrency markets are seeing mixed signals as of press time, with some of them reporting a bit of recovery from the nosedive they took on Feb. 24, while others continue to slip downward.Market visualization by Coin360The leading cryptocurrency Bitcoin (BTC) is up 1.4 percent over the

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Crypto Tidbits: Elon Musk Enamored With Bitcoin, CME Futures Set Record, Samsung Delves Into Blockchain

What a crazy week it has been for the crypto space. Elon Musk lauded Bitcoin for its “brilliant” structure, subsequently claiming that crypto assets are evidently a better medium of exchange than banknotes. CME’s Bitcoin futures posted a new record, even amid the “nuclear winter.” And Samsung delved into

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CME Bitcoin Futures See Record Volumes, Big Signal For Rising Institutional Demand

This week saw the highest ever volume for Bitcoin futures on the Chicago Mercantile Exchange as volume exceeded 18,000. The big signal is that institutional investors are paying attention as futures contracts get snapped up at an ever-increasing rate.Record BTC Contract Volumes on CMEAccording to stats from the CME there

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Ethereum On-Chain Transaction Volume Reached Record High in December 2018

The on-chain transaction value of Ethereum (ETH) hit an all time high in December 2018, crypto analytics firm Diar reports on Jan. 21.On-chain transaction levels of the third largest cryptocurrency reached 115 million in December 2018, an all-time high excluding the activity following a hard fork caused by the DAO

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