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Bitcoin loses 6% in an hour after Tesla drops payments over carbon concerns
13.5.2021
Bitcoin has shed nearly 6% in an hour after Tesla suspended its support for payments in BTC
Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues
13.5.2021
Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” Tesla Stops Accepting...
Bitcoin, altcoins and stocks drop as inflation fears impact investor confidence
13.5.2021
Rising fears of inflation and big government spending rocked equities markets and possibly had a knock-on effect on Bitcoin and altcoin prices
Bosnia and Herzegovina Is Preparing a Draft Bill to Regulate Cryptocurrencies
12.5.2021
A European country in the Balkans region could start regulating the crypto environment within its territory. A bill is being drafted in Bosnia and Herzegovina that would establish a regulatory framework for cryptocurrencies for the first time in the country’s history. Bill Aims...
Bitcoin for pizza, not the other way around, says Papa John's offer to UK customers
12.5.2021
Users of cryptocurrency exchange Luno can claim $14 in BTC rewards before Sunday
Globe Listing on AscendEX
12.5.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Globe Token (GDT) under the pair USDT/GDT on Apr 22 at 1:00 p.m. UTC. Globe aims to be the global cryptocurrency derivatives...
When all-time high? Bitcoin traders lose confidence as BTC price slumps
12.5.2021
Bitcoin adoption continues to increase but derivatives data shows retail and professional traders are reluctant to build new bullish positions
Cuban President Talks Possible Adoption of ‘Convenient’ Crypto
12.5.2021
The Cuban government is mulling crypto adoption as a means to fight back against financial turmoil, with crippling sanctions and the coronavirus pandemic fallout taking a heavy toll on the nation’s economy.
Last month, the Congress of the Communist Party of Cuba (PCC) – the country’s central...
UK Court Will Let Craig Wright Serve Claims Against 16 Bitcoin Developers
12.5.2021
The entrepreneur's attorneys can now serve the developers of BTC, BCH, BCH ABC and BSV, even though they don’t reside in the U.K
Survey: 1 in 4 American Investors Believe Dogecoin is the Future
12.5.2021
The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U.S. dollar during the last 12 months. Dogecoin’s price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name. A recently published survey from...
SEC enforcement actions cost crypto firms and individuals $1.7B in penalties
12.5.2021
Of the 75 enforcement actions on crypto brought by the commission from 2013 to 2020, the majority involved allegations of fraud or unregistered securities offerings
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
12.5.2021
The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with...
Sequoia-Backed Onchain Custodian To Set Up New Crypto Lending Business
12.5.2021
Source: Adobe/Андрей Яланский
The Singapore-headquartered digital asset custody provider Onchain Custodian (ONC) is about to strengthen their positions in crypto lending and borrowing business, according to ONC Co-Founder and Chief Operating Officer (COO), El Lee.
There is a novel company in...
Moneygram Lets Customers Buy and Sell Bitcoin With Cash at 12,000 Locations
12.5.2021
Moneygram will start letting customers buy and sell bitcoin at 12,000 locations, thanks to a partnership with Coinme. The collaboration “will bring bitcoin to thousands of new point-of-sale locations in the U.S. with plans to expand to select international markets in the second half...
Inflation Stings, Bitcoin Racing Car, Digital Dolar + More News
12.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Economics news
US inflation is rising more than expected—in April alone, it grew by the most since 2009, amid rising concerns about...
Bitcoin car will race at the Indianapolis 500
12.5.2021
“This isn’t the Strike car, the Coinbase car, the Kraken car [...] this is the Bitcoin car,” said Jack Mallers
Ethereum price aims for $5K after reaching 3-year high versus Bitcoin
12.5.2021
Ethereum puts in two USD all-time highs in a day, but in BTC terms, it still has a long way to go
SEC warns of Bitcoin futures risks in mutual funds
12.5.2021
The U.S. SEC will monitor the compliance of mutual funds with exposure to Bitcoin futures and look into whether the market can accommodate an ETF
Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022
12.5.2021
Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.”...
Bitcoin Mining Difficulty is Set for an ATH As Miners Send Bullish Signs
12.5.2021
Bitcoin (BTC) mining difficulty is set for a new all-time high (ATH), cutting into the profit margins of BTC miners that are still estimated to increase the computing power of the network even more despite the price of BTC has been stuck in a range recently.
The measure of how hard it is to compete...