Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50%
22.2.2021
Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card...
India securities regulator to reportedly bar IPO promoters from holding crypto
22.2.2021
The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto
Overleveraged Crypto Traders Just Lost Another USD 1B, Binance Leads Again
22.2.2021
Over USD 1bn in long trading positions has been liquidated in the past 24 hours as overly optimistic traders seem not willing to learn after they lost almost USD 2bn just a week ago.
Almost USD 600m of those positions were in bitcoin (BTC). In the past hour alone (10:39 UTC), almost USD 400m have...
Coinbase Equity Value Touches Heights
22.2.2021
Coinbase is ruling the market space with its stock trade price continuing to surge at a fast pace on the Nasdaq Private Market channel. Recent reports revealed that the Coinbase stock cleared an average price of $373 per share value. This exciting growth in the share value has increased the total...
Swiss crypto ETP issuer passes $1B assets under management
22.2.2021
Swiss crypto ETP issuer 21Shares has increased its managed crypto ETP assets from $500 million to $1 billion in less than two weeks
Crypto market too big to ignore, says Nigeria SEC
22.2.2021
Nigeria’s Securities and Exchange Commission says it is committed to creating a clear-cut regulatory framework for cryptos in the country
South Korea fastracks 20% tax on Bitcoin and crypto profits to 2022
22.2.2021
After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation
Bank of Japan’s Year-long Digital Yen Pilot Begins this Spring
22.2.2021
The central Bank of Japan (BoJ) is set to launch a pilot for a digital yen this Spring, although the central bank is still a long way from making up its mind on whether it will push ahead with issuance.
Per NHK, the BoJ appears to be aware that China, which is already committed to launching its...
Did $50K 'trigger' Peter Schiff to buy BTC? 5 Things to watch in Bitcoin this week
22.2.2021
As Bitcoin wobbles following a spurt to above $58,000, concerns mount about the depth of a possible inbound correction
Tesla made $1B profit on its Bitcoin buy, says analyst
22.2.2021
Tesla is about to make more money from its Bitcoin investments than profits from selling its electric vehicle cars in all of 2020, an analyst at Wedbush Securities said
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...
Bitcoin, Ethereum and Altcoins Correct Gains, XRP Rallies
22.2.2021
Bitcoin price remained strong and it extended its rally above USD 58,000. BTC even traded to yet another all-time high near USD 58,641 (per Coingecko.com) before it started a downside correction. It is currently (05:00 UTC) trading below USD 57,000, with key supports at USD 55,000 and...