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Bitcoin tumbles to $36K as ARK's Cathie Wood addresses BTC regulatory fears
28.5.2021
The flagship cryptocurrency faces a higher profit-taking sentiment near its 200-day simple moving average wave
American convenience store chain now accepts Bitcoin payments
28.5.2021
Mid-Atlantic convenience store giant Sheetz is set to accept Bitcoin and crypto payments across its outlets
A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption
28.5.2021
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers...
Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation
28.5.2021
The Nigerian naira currency lost further ground against major currencies after it depreciated to 493 nairas for one dollar on the black market on May 25, 2021. Before the latest depreciation, the currency had stabilized at around 485 nairas to the dollar. This was shortly after the exchange rate...
Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices
28.5.2021
Law enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial enterprises that have been supplying the bitcoin farms with electricity....
Chinese BTC miners equivalent to Quebec's output on the move: Slush Pool
28.5.2021
According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move
Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round
28.5.2021
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that...
Bitcoin and Ethereum Move Below Key Hurdles, HNT Rallies
28.5.2021
Bitcoin price failed on a couple of occasions to settle above the USD 40,000 resistance. BTC started a downside correction and it traded below USD 38,000 (05:00 UTC).
Similarly, most major altcoins are stuck in a range and are showing signs of weakness. ETH is facing an uphill task near the...
How Pocketnet & Pocketcoin (PKOIN) Are Set to Change the Internet Forever With Crypto & P2P Tech
28.5.2021
Pocketnet is a fundamentally new way to build a social media platform powered by the cryptocurrency Pocketcoin (PKOIN). It is a mix of traditional social media platforms and Bitcoin with some cutting-edge new features, such as the ability to auction off your content through NFT-Scarce. Pocketcoin...
NBA Legend Paul Pierce and Poker Hall of Famer Phil Ivey to Join Joe Lubin of Consensys for a Virtue Poker Charity Tournament
28.5.2021
Virtue Poker revealed plans to organize a high-stakes 12-player celebrity poker tournament on its platform, live-streamed on Twitch, with the winner donating the event’s proceeds to their preferred charitable organization. Celebrity Charity Tournament Features NFTs & Giveaways Virtue...
'Crypto will cause the next financial crisis': Precious metals boss
28.5.2021
Metalla Royalty & Streaming CEO Brett Heath has warned that crypto will “lead the charge into the next financial crisis” and questioned the true intrinsic value of Bitcoin
Shanghai Man: Miners banned, exchanges targeted? Here's what's really happening
28.5.2021
A look at the last week of crackdowns, including a ruling from Vice Premier Liu He. Hong Kong echoes Beijing with stricter controls of their own, limiting retail investors in the administrative region
Billionaire Carl Icahn Mulls Over Diving Into Cryptocurrency in a ‘Big Way’ With About $1.5 Billion Investment
28.5.2021
Billionaire investor Carl Icahn, the founder of Icahn Enterprises, says that his company is exploring how to get involved in cryptocurrency “in a relatively big way,” which he said could be an investment of about $1.5 billion. Carl Icahn Exploring Getting Into Cryptocurrency Carl Icahn...
Hope for South Korean Crypto Exchanges as Bank Keen on Contract Renewal
28.5.2021
There may be a glimmer of hope at last for the South Korean crypto exchanges fearing for their future, with the neobank K-Bank reportedly set to renew its contract with the market-leading trading platform Upbit – just days after three major commercial banks ruled out the prospect of doing...
Danish Central Banker Tempted to Ignore Cryptocurrency — Sees Real Threat in ‘Big Tech Invading Currency Area’
28.5.2021
Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or...
Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill
28.5.2021
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be debated in the Zimbabwean parliament. If the crypto...
Market enters a 'wait-and-see phase' as Bitcoin struggles below $40,000
28.5.2021
Traders remain cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity while the crypto market awaits the next major move
$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned
27.5.2021
According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional)...
Shield Protocol: Tokenomics for a Trustless and Long-Term Value Decentralized Network
27.5.2021
Like Bitcoin, DeFi’s ambition to build a fully decentralized global network is the fundamental source of its revolutionary characteristics – that of being trustless and enabling disintermediation. It is these two characteristics that build the core value of DeFi and determine...
‘Legalize Crypto,’ Urges Ukrainian Cybercrime Chief
27.5.2021
The head of the Ukrainian cyberpolice has called for crypto to be legalized – claiming that “most criminal activity” is now conducted using crypto.
In an interview with RBC’s Ukrainian service, the cyberpolice chief, Oleksandr Grinchak, stated that “legalizing” and “moving cryptocurrency into...