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Chinese Internet Cafe Owners Deal With the Pandemic Crisis by Using Their Facilities to Mine Cryptocurrencies
20.5.2021
The Coronavirus pandemic has driven people to take advantage of new business lines to deal with the economic crisis, and cryptocurrency is once again a headliner. Internet cafe owners in China are using their facilities to set up crypto mining farms after temporarily shutting down in 2020. Owners...
Passive Income with 8% Interest? It’s Possible with Crypto!
20.5.2021
Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build...
Survey: Crypto Traders Predict Ethereum’s ROI to ‘Crush’ Bitcoin’s 2021 Year-End Return
19.5.2021
Bitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year...
Saxo Bank Has A New Crypto Offer, Ripple Gets New Partner + More News
19.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Online trading and investment company Saxo Bank has launched a crypto offering enabling clients to trade bitcoin (BTC)...
Federal Reserve Bank Presidents: Cryptocurrency Sell-off Not a Systematic Concern, Does Not Affect Fed Policy
19.5.2021
Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. Louis. Crypto...
Crypto Flash Crash: Recovery, Unavailable Exchanges & Tesla's 'Diamond Hands'
19.5.2021
On Wednesday, what initially appeared as another usual sharp correction in the crypto market, suddenly turned into a less usual flash crash, once again marked by exchange outages and sharp rebound, while professional investors educate newbies, and Elon Musk claims that Tesla has not sold their...
Wells Fargo Gets Into Crypto With Upcoming ‘Professionally Managed’ Cryptocurrency Investment
19.5.2021
Wells Fargo will soon offer “a professionally managed solution” for cryptocurrency to clients. “We think the cryptocurrency space has just kind of hit an evolution and maturation of its development that allows it now to be a viable investable asset,” said the president...
‘Bitcoin Is Dead’- Crypto Market Carnage Invokes Haters and BTC Obituaries
19.5.2021
Digital currency markets have shed billions in value over the past week and during the market carnage, bitcoin haters have come out in flocks. Moreover, according to numerous crypto skeptics, bitcoin has officially died 21 times this year and this week’s downturn is sure to provide another...
Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week
19.5.2021
On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1.801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of $40,770 per unit at 4:48 a.m....
Polygon to Democratize NFT Interactions by Improving Approachability
19.5.2021
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More...
Crypto Products – a Norm for US Financial Firms; DeFi Grows
19.5.2021
While the cryptocurrency market is facing a tough period, it is not losing at all. Recently, a leading derivative marketplace announced Micro Bitcoin futures, helping the crypto sector showcase its relevance. The platform will help investors avoid high costs to improve their crypto investment...
Virtual Open World Games Are The Future of Crypto
19.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Due to the current COVID-19 restrictions, many people spend most of their time online, supported by technological advancements and social networks’ intelligent algorithms that keep people online....
New bill would require candidates in Russian elections to declare crypto
19.5.2021
The bill must still go through two readings in the Duma before going to the Federation Council
Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases
19.5.2021
Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across...
Inner Mongolia sets up hotline to report suspected crypto miners
19.5.2021
Authorities in Inner Mongolia are cracking down further on crypto mining operations that may be jeopardizing the region's bid to reduce carbon emissions
$350B lost in crypto bloodbath as Bitcoin and Co sink 15–30%
19.5.2021
The cryptocurrency market is painted red after numerous coins lost more than 30% in the past 24 hours
South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
19.5.2021
A South Africa-based tax expert, David Lesperance, says with the country’s revenue collector now closing in on cryptocurrencies, holders must now take the initiative and approach South Africa Revenue Services (SARS) before it descends on them. Lesperance argues that by making the first move...
India Will Regulate Crypto as Ban Talk Binned - Report
19.5.2021
Source: Adobe/Patange_R
While the bitcoin (BTC) bloodbath continues on the markets with reports of newer investors panic-selling, glimmers of cheer have appeared in India, where joyful crypto advocates have been welcoming reports that the government may be set to scrap talk of a ban – and instead...
Nifty News: Earn NFTs watching TV, DAO pays $1M for Aoki and 3LAU track ... and more
19.5.2021
Jenny DAO paid Aoki and 3LAU $1 million to create an NFT, as comedy icon Steve Harvey drops NFTs for charity
Crypto Meets Chess in Coinbase Sponsored Cryptochamps Tournament
19.5.2021
Chess.com, one of the most popular chess internet sites, has announced it will host a contest called “Cryptochamps,” a crypto-themed chess tournament. The event, which will be sponsored by Coinbase, will feature several important cryptocurrency personalities and will offer prizes that...