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Crypto myth busted: Users haven't mined Ether using a PlayStation 5 yet
1.3.2021
The original report from GizChina said that a software developer had modified the CPU and graphics cards on the new gaming console to mine crypto
Hyperbitcoinization’s Small Minority: Economist Says Bitcoin’s Growing Success Will Lead to Perverse Consequences
1.3.2021
Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoin’s value has dipped since then, but the decentralized crypto asset’s market still captures a large $900 billion valuation. On February 26,...
Blackmailed Tether, Dan Loeb Takes 'A Deep Dive' Into Crypto + More News
1.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
Tether, the issuer of the most popular stablecoin, tether (USTD), said they received a ransom demand for BTC 500 yesterday (USD 25m)....
Investor Dan Loeb doing 'deep dive' into crypto
1.3.2021
"Culturally I compare bridging the crypto world with the old as akin to finding a portal between two distinct worlds in the multiverse," said Dan Loeb
Crypto bank opens physical location in India's capital as potential regulatory ban looms
1.3.2021
Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters
Crypto Market Sentiment Leaves the Positive Zone; Only Tether Green
1.3.2021
Source: iStock/da-kuk
Along with the drop in prices this past week, came a drop in the market sentiment as well. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell out of the positive zone after three weeks, recording 5.77 today, compared to last week's...
LetsExchange Awards Unlimited Bonuses in Crypto to the First Users of Its New Exchange Service
1.3.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Along with registration-free, limitless, and secure cryptocurrency swaps, LetsExchange grants unlimited bonuses in crypto to the first 50 platform users among Cryptonews readers.
LetsExchange Features
The...
China’s Inner Mongolia to shut down crypto mining farms by April 2021
1.3.2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals
Become An Advanced User in Crypto With Bit4you
1.3.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
If you are interested in cryptocurrency but do not know how to start, or you are an advanced crypto trader and want to expand new horizons, bit4you crypto exchange platform will provide you with the most...
Insurance Companies Reportedly Sink Crypto Cruise Ship MS Satoshi Project
1.3.2021
Plans by Panama-based company Ocean Builders to launch a crypto cruise ship, a floating community to host businesses including stores and restaurants that planned to accept bitcoin (BTC) from customers, were reportedly scrapped by what company representatives describe as the inflexibility of...
Online Retail Giant Rakuten Allows People to Load Payment App With Cryptocurrencies
1.3.2021
The firm Rakuten Inc., often referred to as “the Amazon of Japan,” announced customers can now load up Rakuten Pay accounts with cryptocurrencies like bitcoin, ethereum, and bitcoin cash. In order to commemorate the latest crypto service, Rakuten is also offering bonus points to people...
Mad Money’s Jim Cramer Has a Plan to Save Gamestop With Bitcoin
1.3.2021
Mad Money host Jim Cramer thinks he has a solution to save troubled video game retailer Gamestop with the help of bitcoin. He suggests that Gamestop should raise money to buy the cryptocurrency, then convert its 5,000 locations into bitcoin stores. He believes his idea will work. Jim Cramer...
Shark Tank’s Kevin O’Leary Reverses Stance on Bitcoin, Says Crypto Is Here to Stay, Invests 3% of His Portfolio
1.3.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has begun investing in bitcoin. Having previously called the cryptocurrency “garbage,” he has now changed his mind and believes that cryptocurrencies are here to stay. He is also getting used to the volatility of bitcoin...
Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin
28.2.2021
Crypto continues to enter mainstream usage. Google Finance users can now get a quick rundown of the top cryptocurrency prices with just one click
NBA Top Shot leads NFT explosion with $230M in sales
28.2.2021
The NFT craze has reached the NBA, with digital collectibles grossing $230 million in sales, according to Dapper Labs
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
OLB Group enables crypto payments for thousands of US merchants
28.2.2021
Small businesses can now accept cryptocurrency payments using OLB’s point-of-sale technology
Professional traders need a global crypto sea, not hundreds of lakes
28.2.2021
The cryptocurrency trading market is in its early stages, with regulations playing a key role in market fragmentation
Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
28.2.2021
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns...
JPMorgan Says Investors Can Put 1% of Their Portfolios in Bitcoin Despite Calling It a Poor Hedge
28.2.2021
After saying that cryptocurrencies “rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits,” JPMorgan says investors can put 1% of their portfolios in cryptocurrencies. This can help “achieve any efficiency gain in the overall...