Prepare for the New eFIN Ecosystem
21.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The new eFIN ecosystem works under the Swiss-based Dextech AG parent company which creates cryptocurrency trading software for decentralized exchanges, particularly eFIN. The fact that German regulated...
5 Ways to Make Money on Cryptocurrency in the Era of Coronavirus
21.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The pandemic has changed the rules of the game, not only for business, but in fact, has affected everyone. The words quarantine and remote work have become commonplace in our everyday life. Those companies...
Hollywood Sign, Amy Winehouse Photo to Be Auctioned as NFTs
21.5.2021
Non-fungible tokens can be sold to raise funds and two independent initiatives are now going to use proceeds from NFT auctions to finance charity projects. The tokens will represent one of the best known American landmarks, the Hollywood Sign, and a New York photograph of the late singer...
Freela Lists on AscendEX
21.5.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing and auction of the Freela token (FREL) under the pair USDT/FREL. The auction will take place on May 26 at 1:00 p.m. UTC. and...
Bitcoin and Ethereum Face Uphill Task, Altcoins Extends Rally
21.5.2021
Bitcoin price started a recovery above the USD 38,000 and USD 40,000 resistance levels. BTC even broke the USD 41,200 level, but it failed to surpass the USD 42,000 resistance. It is currently (04:20 UTC) trimming gains and it could decline further below USD 40,000.
Similarly, most major altcoins...
Stock Guru Jim Cramer Thinks Crypto Crash Will Benefit Stock Markets
21.5.2021
Jim Cramer, otherwise known as the ‘stock guru,’ has weighed in how the latest cryptocurrency market correction can affect the stock markets. Cramer thinks this contingency will benefit stock markets, with some investors taking profit and moving them to less volatile, less transient...
South Korean Deputy Prime Minister Eases Anti-Crypto Rhetoric, Aims to Create More Domestic Market Opportunities
21.5.2021
The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. Hong Nam-ki unveiled that officials are assessing ways to get young people into “domestic...
Freela Lists on AscendEX
21.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing and auction of the Freela token (FREL) under the pair...
Ark Invest CEO Reaffirms $500K BTC Price Prediction, Says Bitcoin Is in ‘Capitulation Phase’
21.5.2021
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees...
Japanese Pro-Crypto MP Spells Out Vision of Crypto, NFT Regulatory Future
21.5.2021
Japan’s most vocal pro-crypto MP has spoken out about his vision for Japan’s crypto regulation – and claims backing non-fungible tokens (NFTs) could help create a new growth engine for cultural exports.
The comments came from Shun Otokita of the Japan Innovation Party, the third most-represented...
Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas
21.5.2021
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2...
Bank of Russia to Launch Digital Ruble Prototype by End of Year
21.5.2021
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on...