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Mastercard and Gemini to Give 'Real-Time' Crypto Rewards
27.4.2021
US-based crypto exchange Gemini has partnered with payments giant Mastercard and digital lender / credit card issuer WebBank to launch a new crypto rewards credit card and "real-time" rewards platform in a matter of months.
Set for launch this summer, as the press release stated,...
Bitcoin Revisits USD 55K, Ethereum and Altcoins Gain Traction
27.4.2021
Bitcoin price remained in a steady uptrend above the USD 53,000 level. BTC even broke the USD 54,500 level and spiked above USD 55,000. It is currently (12:20 PM UTC) consolidating and it might attempt more upsides towards USD 56,500.
Similarly, most major altcoins are gaining bullish momentum....
Market Update: Bitcoin Bulls Bounce Back, Dogecoin Slumps, XRP Jumps 18%
27.4.2021
Digital currency markets have been regaining some of the losses felt last week as the entire crypto-economy has jumped back over the $2 trillion valuation mark. Bitcoin has risen above the $55k zone, while other digital assets have seen more precipitous gains. Out of the top ten leading crypto...
Gemini to launch Bitcoin cashback rewards on Mastercard credit card
27.4.2021
The exchange will offer up to 3% cashback in the form of cryptocurrency for users of its upcoming Mastercard credit card
Bitcoin Dominance In Payments Drops Amid Dogecoin, Altcoins Surge - BitPay
27.4.2021
Major crypto payment processor BitPay has reported the share of bitcoin (BTC) in their payments was the lowest last week, as altcoins such as dogecoin (DOGE), have been gaining traction, according to Sonny Singh, the company’s Chief Commercial Officer (CCO).
“BitPay processes over a billion dollars...
Survey: 14% of Russians Think Cryptocurrencies Will Oust Fiat in 10 Years
27.4.2021
A new survey revealed the different stances of Russians toward cryptocurrencies and fiat currency. Specifically, some of the respondents believe digital assets will replace fiat in ten years. Residents in Moscow Believe Cryptos Will Replace Fiat, While Others Are Skeptical According to Nord News...
Bitcoin price nears $55K as fund manager ‘still sees $100K’ in 2021
27.4.2021
Some analysts still expect six-figure Bitcoin prices this year despite the recent market panic
Tesla Sends Bullish Bitcoin Signal To Global Corporates
27.4.2021
The bitcoin (BTC)-keen carmaking giant Tesla has sent a bullish signal to the global business community, with its chief financial officer Zachary Kirkhorn claiming that BTC has “long-term” worth and could be used to solve cash liquidity problems.
In an earnings call to investors reporting on FY2021...
MTI CEO and Wife Issued With Provisional Sequestration Order by South African High Court
27.4.2021
A South African High Court recently served Mirror Trading International (MTI)’s Johann and Nerina Steynberg with a provisional sequestration order. The court’s decision follows a successful court application by the five joint provisional liquidators of the now-defunct online bitcoin...
Bitcoin and Ethereum Consolidate Gains, XRP Rallies
27.4.2021
Bitcoin price extended its rise above the USD 54,000 level. However, BTC failed to test the USD 55,000 level and it is currently (04:00 UTC) consolidating. The current price action suggests chances of a fresh increase as long as the price is above USD 51,500.
Besides, most major altcoins...
The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates
27.4.2021
The European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative...
‘I have not sold any of my Bitcoin’: Elon Musk
27.4.2021
Tesla may have realized some of its Bitcoin profits, but CEO Elon Musk continues to hodl
Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies to Pay for Imports
27.4.2021
The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. Using Cryptocurrencies to Pay...
Argentina Central Bank Tells Banks: Give Us Data on Crypto Transactions
27.4.2021
The Argentinian central bank has asked the nation’s commercial banks to hand over data on transactions conducted by customers they believe to be trading in crypto – with yet another global government apparently gearing up to regulate its crypto users.
Per Infobae, the central Banco Central de...
All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
27.4.2021
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. South Korea currently has about 200 cryptocurrency exchanges, he said. All Crypto Exchanges...
Vitalik Buterin and Balaji Srinivasan Donate to Indian Covid Relief Fund Despite Country’s Intentions to Ban Cryptos
27.4.2021
The covid-19 crisis is worsening every day in India, as the country keeps hitting record daily numbers of cases and its death toll. The crypto community is starting to show solidarity with the country, as big players such as Ethereum co-founder and a well-known investor announced crypto donations...
Altcoins hit new highs after bulls kick Bitcoin price back above $50K
26.4.2021
A quick short squeeze catapulted Bitcoin price above $54,000 and a handful of altcoins rallied to new all-time highs
Tesla books huge profit from Bitcoin sale in Q1
26.4.2021
In February, the electric vehicle maker announced it had purchased $1.5 billion worth of Bitcoin
South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike
26.4.2021
During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks. On Monday, as bitcoin prices spiked 8% higher surpassing the $54k zone,...
Glass half full: Bitcoin options traders neutral after 28% BTC price dip
26.4.2021
Bitcoin options data shows pro traders are neutrally positioned despite BTC's dip to $47,000 and the subsequent 15% recovery