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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
26.5.2021
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules...
Trezor Sales 'Have Gone Through the Roof' Ahead Of Suite Launch
26.5.2021
SatoshiLabs, the maker of the Trezor hardware wallet, saw their revenues skyrocket this year ahead of their Trezor Suite launch, estimated in June.
As per the company's spokesperson, the revenues increased five times since the beginning of 2021, compared to the same period last year, while it’s...
Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH
26.5.2021
Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum
Analyst Expects Bitcoin to ‘Grind Down’ to $15K, With a ‘Periodic Dead Cat Bounce’ Along the Way
26.5.2021
An analyst from the biotech consulting group Biotechvalley Insights believes after bitcoin lost 53% from the crypto asset’s all-time high, “the party is clearly over.” The biotech consulting group analyst thinks crypto investors will witness a slow “grind down the slope...
Coinbase leads $6M funding for Indonesian crypto exchange
26.5.2021
Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics
Biden Administration Looking to Increase Cryptocurrency Oversight to Protect Investors, Prevent Illicit Transactions
26.5.2021
The Biden administration is reportedly looking to increase oversight of the crypto market with the aim to protect investors and prevent illicit transactions. White House officials, lawmakers, and central bankers have had several meetings on cryptocurrency regulation amid recent price swings...
Carl Icahn Studies Crypto, Apple Has A Job For A Crypto Expert + More News
26.5.2021
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
"Much of the cryptocurrency issued today will not survive, but we believe cryptocurrency in one form or another might...
Developing Economies & Better Educated People Lead Crypto 'Space Race'
26.5.2021
People in so-called developing economies are more familiar with decentralized cryptocurrencies, such as bitcoin (BTC), while respondents with better education were more likely to use crypto, according to a new survey.
“Money is rapidly evolving. Only a few years ago there seemed to be very little...
UK Bans ‘Time to Buy’ Bitcoin Ads on Buses and Underground for Being Misleading
26.5.2021
The British Advertising Standards Authority (ASA) has banned a bitcoin ad campaign put up across the London Underground network and on London buses by cryptocurrency exchange Luno. The UK advertising regulator says the ads are misleading and irresponsible. ‘Time to Buy Bitcoin’...
3 convincing signs the Bitcoin bears have stopped selling
26.5.2021
BTC price rebounding back to $40,000 is just one of the few signs that the bears may be exhausted
US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’
26.5.2021
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull...
How To Grow Your Wealth With A Secure Bitcoin Wallet
26.5.2021
Bitcoin may be one of the most volatile assets. Last week, Bitcoin fell to $29,000. Just less than two months ago, Bitcoin reached the all-time high of $64,895. The crypto market has rebounded after Elon Musk changed his tune on Bitcoin mining. In his tweets, the Tesla and SpaceX CEO said that...
ABEYCHAIN 2.0: Driving the Next Generation Blockchain Ecosystem
26.5.2021
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many...
Bitcoin and Ethereum Gain Momentum, Altcoins Accelerate
26.5.2021
Bitcoin price remained strong above the USD 38,000 resistance level. BTC even broke the USD 40,000 level and traded close to USD 41,000. It is currently (12:20 PM UTC) correcting gains, but it might continue higher towards USD 42,000 in the near term.
Similarly, most major altcoins are gaining...
Gamestop NFT Website Discovered With Hidden Easter Egg Retro Game
26.5.2021
Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power...
China to socially blacklist Bitcoin miners in Inner Mongolia region
26.5.2021
China's crackdown on crypto mining could see offenders blacklisted from basic social and financial services if caught
UK ad organization bans crypto exchange's ‘time to buy’ Bitcoin advert
26.5.2021
Luno exchange agreed not to post their Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning
Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target
26.5.2021
Wild price fluctuations are likely in the top two cryptocurrencies as both record a dramatic spike in their 30-day realized volatility charts
Coinbase Goes After Institutional Customers Amid Investment Surge
26.5.2021
US-based crypto exchange giant Coinbase is expanding its offer for institutional investors with a prime brokerage service, Coinbase Prime, building on its earlier success in attracting more than 8,000 customers in this market as of last March, the company said.
“Today we are doubling down on...
Bitcoin mining banned in Iran until September
26.5.2021
Iran's government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months