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Top 3 NFT brands sales grew 381% in February
3.3.2021
The NFT explosion is one of the most talked about events for crypto in 2021, with sales from several platforms breaking records on a weekly basis
Inspired by Tesla, South Korean Crypto Moms Take the Bitcoin Plunge
3.3.2021
While demographic studies have shown in the past that the average crypto investor is young and male, the picture in 2021 might be changing, a recent report has found, with Millenials being edged out by boomers and Generation Xers. At least that is the case in South Korea, where a new wave...
Colombia’s Banco de Bogotá Begins Crypto Pilot
2.3.2021
Source: A screenshot, Instagram/bancodebogota
The major Colombian commercial bank Banco de Bogotá has begun a crypto pilot that will see a select group of its customers allowed to make crypto transactions on its banking platform.
Per Portafolio, the pilot will begin this month and will allow...
Dan Loeb's hedge fund hires pro-crypto Goldman Sachs analyst
2.3.2021
Heath Terry has said it would be "hard to see a world where blockchain technology doesn't change the way we think about asset ownership."
An Ethereum and Web3-Compatible Sidechain Is Coming to Bitcoin Cash
2.3.2021
On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 ETH in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms. On February 23, however, crypto proponents were...
China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year
2.3.2021
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop...
A Beginner’s Guide to Crypto Margin Trading
2.3.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
With the inherent volatility of cryptocurrencies, even spot trading—where you simply buy and sell cryptocurrencies—can be thrilling. However, for the experienced trader, the risk to reward ratio could...
Crypto ATM Provider CoinFlip Adds Dogecoin, 'Validating Its Legitimacy'
2.3.2021
Source: iStock/isa_ozdere
US-headquartered Bitcoin (BTC) ATM provider CoinFlip said it has added dogecoin (DOGE) to its 1,800-terminal network.
Though it started out as the internet meme, "this announcement validates the legitimacy of the coin," stated the company's press release.
CEO...
Winner Cashes Out $160,000 from Bitcoin.com Games with a 13,870x Multiplier
2.3.2021
Bitcoin.com Games gave this player 160,000 reasons to be happy this spring! Lucky Player Bags Two Epic Wins Within Minutes What started as a perfectly normal month of March for this player turned out to be a life-changing experience when they won, not one, but two big rounds of The Dog House...
Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies
2.3.2021
Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban...
Thai SEC forced to clarify proposed crypto rules after public backlash
2.3.2021
Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage
Millions of F1 Fans To Meet Crypto.com As They Partner With Aston Martin
2.3.2021
Hong Kong-headquartered crypto platform Crypto.com has signed a multi-year deal to sponsor Aston Martin Cognizant Formula One Team, becoming its Official Global Partner - to "work together" on crypto-related products connected to payment systems and non-fungible tokens (NFTs).
Neither...
Crypto.com to sponsor Aston Martin's Formula 1 team
2.3.2021
Crypto.com's logo to appear on Aston Martin F1 cars in the 2020–2021 season
NY Attorney General warns investors and crypto firms of 'extreme risks'
2.3.2021
New York Attorney General Letitia James has issued an investor alert against the "wild price swings and extreme risk" of crypto trading
Goldman Sachs Brings Back Bitcoin Trading Desk as the Firm Sees Crypto Market Becoming More Mature
2.3.2021
Global investment bank Goldman Sachs has brought back its bitcoin trading desk and will start handling bitcoin futures next week. The firm is also reportedly exploring the potential for a bitcoin exchange-traded fund (ETF) and plans to provide a crypto custody service. Goldman Sachs Group Inc....
Coinbase custodies 11% of entire crypto capitalization
2.3.2021
The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap
Leverage traders 'flushed out' by late-February crypto crash: Glassnode
2.3.2021
Crypto analytics provider Glassnode argues the late February BTC crash may have been a healthy reset that flushed excessive leverage out of the market
Door Opens for South Korean Crypto Exchanges Fearing Forced Closures
2.3.2021
Smaller South Korean exchanges may find a way to survive the promulgation of a new crypto act later this month that requires all trading platforms to abide by real-name banking procedures.
As previously reported, only the “big four” crypto exchanges – Upbit, Bithumb, Korbit, and Coinone – currently...
Crypto Markets Regain Billions, Bitcoin Price Bounces Back 15%, Analyst Says ‘Resurgent Mood In the Air’
2.3.2021
The price of bitcoin and a number of digital assets saw significant gains on Monday, as the entire market capitalization of the crypto economy has gained 2.4% in the last 24 hours. Bitcoin’s value passed the psychological $50k zone after hitting a low of $43,021 the day prior on Sunday....
BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion
1.3.2021
Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than...