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Mergers and acquisitions are rising, leaving crypto assessments in question
17.4.2021
Questions around cryptocurrency assessments gain momentum, which brings some nuanced challenges in assessing crypto’s place in M&A
Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF
17.4.2021
Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to...
Nigeria’s SEC in Talks With Central Bank of Nigeria Over Crypto Regulation— 2020 Crypto Guidelines Still Suspended
17.4.2021
Nigeria’s Securities and Exchange Commission (SEC) has revealed that talks with the Central Bank of Nigeria (CBN) regarding the regulation of cryptocurrencies are ongoing. The securities regulator also reiterated that due to a CBN directive that was issued on February 7, 2021, the crypto...
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
17.4.2021
Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as...
Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months
16.4.2021
The popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that...
Ukrainian MPs Want to Jail People Who Don’t Disclose Crypto Holdings
16.4.2021
The Ukrainian parliament has voted in favor of a bill that proposes to hit people hiding large crypto holdings with lengthy jail terms.
Per an official document from the Verkhovna Rada, the nation’s parliament, the bill passed with a majority of 283 votes, but will now return to the committee stage...
Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’
16.4.2021
The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to gold. His comments about cryptocurrency followed Coinbase’s direct listing on Nasdaq. Fed Chair Powell...
Zip's Potential Crypto Trading, Rothschild ETH Investment + More News
16.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Major Australian fintech, 'buy-now-pay-later' company Zip Co. is looking at expanding into crypto and stock trading, reported...
Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges
16.4.2021
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can...
Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May
16.4.2021
Digital currency markets have seen some slight losses on Friday morning, as a great number of cryptocurrencies saw significant gains the day prior. Bitcoin dropped to a low of $60,042 during the early morning trading sessions shedding 3% during the last 24 hours. Crypto Markets Shed Some Value...
Expert Believes Nuclear-Powered Crypto Mining Could Help Ukraine to Solve Energy Spending Problems
16.4.2021
Bitcoin mining could be a proper asset to solve one of the significant issues in the Ukrainian energy sector: spending. A financial expert praised the recent push given by Ukraine’s government to nuclear-powered crypto mining across the nation. Crypto Mining Can ‘Smooth out’...
r/Wallstreetbets re-bans crypto discussions following Bloomberg article
16.4.2021
Apparently r/Wallstreetbets doesn’t “bow to cryptocurrencies.”
Tech Firm Nvidia Introduces New Silicon Version
16.4.2021
Hailing from America as a technology firm specializing in graphics processing units and computer chips, Nvidia has announced to release a new version of GA106 silicon in May as an attempt to reinstate its position in the domain. The firm had to face a lot of criticism in the past ever since...
Nigeria's SEC says central bank's crypto ban disrupted the market
16.4.2021
The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets
Miami-Dade Residents Might Be Able Pay Taxes With Crypto
16.4.2021
A new proposal by Danielle Cohen Higgins, County Commissioner of District 8 from the Miami-Dade county in Florida, US, calls for the establishment of a task force to look into the possibility of enabling residents to pay their taxes in cryptocurrency.
Should the proposal go through, local...
Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETF
16.4.2021
Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting...
Turkey Bans Crypto Payments
16.4.2021
Turkey’s central bank banned the use of cryptoassets in payments as they entailed significant risks due to volatile market values, irrevocable transactions and are used in illegal actions, Reuters reported.
Also, the bank said that these assets were “neither subject to any regulation...
NFT Roundup: Tom Brady’s Autograph Initiative, Topps Digital Baseball Cards, Annoying Orange’s 4K NFT Clip
16.4.2021
The past week has been busier than usual for the NFT ecosystem. Rap stars Jeezy and Riff Raff entered the NFT realm, Hoard introduced its lending platform for NFT-collateralized crypto loans, The Topps Company is dropping its Series 1 Baseball collectibles, super-quarterback Tom Brady is launching...
‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’
16.4.2021
Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about...
More S Korean Exchange Customers in Nervous Hunt for their Crypto
16.4.2021
The South Korean media is carrying more reports of crypto exchanges delaying their clients’ withdrawal requests – and in some cases failing to respond to the customers altogether as investors’ worries about the security of their funds intensify.
As previously reported, crypto holders with tokens...