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Realm Closes $2.25M for Seed Investment to Build NFT Powered Microverses
25.5.2021
PRESS RELEASE. Realm, a new NFT microverse platform, has closed its first investment round at $2.25M led by Alphabit with strategic investments from NGC, Genesis Block Ventures, LD Capital, Moonrock, and SL2 amongst other funds. Realm aims to challenge the current NFT platforms by offering creators...
Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs
25.5.2021
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses...
Korea’s crypto market is among the strongest — and the strangest — in the world
25.5.2021
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy
Why Cryptocurrency Makes Strong Comeback and How To Earn More Bitcoin
25.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
After the bloodbath last week, the crypto market is having a strong rebound, showing hope to resume its rally. Bitcoin recovered from its low of 30,000 USD to test the resistance of 40,000 USD. Ether...
What Is the Bitcoin Mining Council – And What Should It Become?
25.5.2021
Elon Musk and Michael Saylor's plan for a greener bitcoin is light on details so far. Here are some possible approaches, says our columnist
Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF
25.5.2021
On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE)....
Biden administration is reportedly reviewing ‘gaps’ in crypto regulation
25.5.2021
White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week
JPMorgan, Goldman Sachs Initiate Coverage of Coinbase Stock — up to 60% Price Upside
25.5.2021
Investment banks JPMorgan and Goldman Sachs have initiated coverage of the Coinbase Global stock. JPMorgan gives Coinbase an overweight rating with a 60% upside potential while Goldman Sachs begins with a buy rating. JPMorgan, Goldman Sachs Now Covering Coinbase Stock A couple of major investment...
1confirmation Raises USD 125M, Chia - USD 61M, African CBDC + More News
25.5.2021
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
Crypto venture fund 1confirmation said it closed its new third venture fund worth USD 125m and dubbed 1confirmation fund III....
'Next Great Miner Migration Will be Away from China' - Poolin Exec
25.5.2021
The global Bitcoin (BTC) hashrate, or the computational power of the network, will spread from China to the rest of the world - which is a redistribution beneficial for Bitcoin, according to Alejandro De La Torre, Vice President at Hong Kong-headquartered major mining pool Poolin.
Many miners...
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...
Can blockchain ever be part of the solution for tackling climate change?
25.5.2021
Because of Bitcoin, blockchain’s impact on the climate has come into sharp focus. But can this technology actually be part of the solution for saving the environment?
Bitcoin price must now hold this key level to regain $40K
25.5.2021
Will $37,000 hold for more upside in the near term for Bitcoin?
Bitcoin Games Launches Live Casino Tournament, One Player to Win $5,000 in BTC
25.5.2021
$5,000 top prize for a single player to claim in ‘Winner Takes it All’ live casino tournament! One Week. One Prize. One Winner. Our very own premium crypto casino, Bitcoin Games, will be hosting a week-long Live Casino tournament where one lucky player will be left feeling like royalty...
Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework
25.5.2021
Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory framework for crypto service providers. According to the FIA, this call for the government’s intervention has prompted by the Ugandan crypto industry’s...
RemiBit: The One-Stop Crypto Solution for Merchants Is Available Now
25.5.2021
The payment industry has gone through a revolution in the last few years. Among its most evident examples are international commerce and remote work. Blockchain and cryptocurrency have transformed online transactions by ensuring true ownership, security, speed, accessibility, and inclusivity....
‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan
25.5.2021
Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital...
Historically accurate Bitcoin metric suggests BTC price has bottomed out
25.5.2021
Bitcoin bulls may get some respite from a derivatives market indicator that hints at a price bottom
Bitcoin: Is It the Right Time to Invest?
25.5.2021
Bitcoin (BTC) was developed by an unknown group of people using the alias of Satoshi Nakamoto and was initially launched in 2009. Working on blockchain technology, it was the first cryptocurrency that even came into existence. Bitcoin’s inventor designed it for use as a medium for daily...
Bitcoin and Ethereum Correct Gains, Altcoins Struggle
25.5.2021
Bitcoin price gained pace above the USD 38,000 resistance level. However, BTC failed to clear the key USD 40,000 resistance level. It is currently (12:00 PM UTC) correcting lower and it is struggling to stay above the USD 37,000 support.
Similarly, most major altcoins are correcting gains....