The Bitgrum Eyeing The World's Most Essential News Topics

In December, the value of Bitcoin rose to the highest it has been and has increased by almost 250% since January. Bitcoin has experienced some lows, with some uncertainty around whether it is here to stay or not. However, due to the high liquidity in global markets, Bitcoin has also …

Stablecoins are a form of digital currency that has been slowly adopted by the broader financial markets and regulators. Due to technological changes, the traditional financial industry is slow to move when they encounter new products as they do not like disruption. By the end of the article, you will …

What is the first thing that comes to your mind when you hear the word “Bitcoin?” Investment, isn’t it? There is no denying that Bitcoin is a potential investment. However, replacing paper-coin currencies is at the core of it. You can currently pay for your Starbucks cafe latte, buy domain …

Every country or continent has tried to tackle the coronavirus outbreak in a different way. Regardless of what the European Union has done, most market indicators believe the euro currency will keep going up. Every major currency was expected to lower and lose some power with the crisis, but all …

What if you could send money as easily and inexpensively as sending a message to your friend? This isn’t a pipedream anymore, as Facebook promises to make this possible. Facebook is dipping their toes in cryptocurrency waters to revolutionize the current financial fabric with a project known as Libra. Facebook …

A legal threat has forced Braver – the ad-free extension of the Brave Browser – to change the brand name, causing confusion among users. Initially, it was known as Braver. It was a browser derived from the popular Brave browser, which was available as open source. It was an adware …

ChainLink is a decentralized data oracle network connecting smart contracts to credible, real-world data. To put it simply, ChainLink is a trustworthy middleware between blockchain smart contracts and external data sources. A decentralized oracle network employs multiple data inputs. This eliminates any single point of failure in smart contracts and …

The stock of Bed Bath & Beyond (NASDAQ:BBBY), the famous home merchandise store, plunged more than 24% last month when the brand reported bleak earnings for the first quarter. Revenue fell by 50% and the Company announced it will be closing its 200 stores in the upcoming two years. The …

Visa and Mastercard are reassessing whether to allow Wirecard to process payments on their networks after its huge accounting scandal, according to a Bloomberg report. Visa and Mastercard have informed several Wirecard clients that the company’s access to their payment networks may be revoked. Neither credit card firm commented directly …

On June 25, Wirecard collapsed leaving a debt of $4 billion from creditors after revealing a widening gap in their financial statements which their auditor EY said to be the aftermath of complex global fraud. The payments firm filed for insolvency at the Munich court explaining that their $1.5 billion …

Last week, stocks closed sharply lower, as the weight of the ever-increasing coronavirus cases in half of the United States became too much for the optimistic investors to overlook. Florida and Texas— which had an early lockdown— are now the epicenters of America’s outbreak. Both states took additional measures to …

As the market closed last Friday (June 19, 2020), the S&P 500 was going up to 41% from the March 23 lows. According to FactSet, the rally in stock process combined with the reduction in earnings forecasts have pushed the S&P’s forward 12 months P/E ratio to 21.9. The widely …

After June 16’s rally on the better-than-expected figures of retail sales as well as the encouraging study of a certain drug to treat COVID-19 patients, the S&P 500 has rallied 40 percent from its closing low and has dropped just 8 percent from the February peak. Obviously, disasters are not …

The global US dollar crisis, a hallmark of the early events of the coronavirus pandemic, seems to have passed, with the latest milestone of a remarkable turnaround in financial situations engineered by the Fed Reserve and other major central banks. Fed data last week showed that its peer banks from …

Ukraine’s Ministry of Energy is currently dealing with a surplus in energy produced by nuclear power plants of the nation as a result of the lockdown in the country. With that in mind, they believed that utilizing nuclear power plants for mining cryptocurrency can be one of the best ways …