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Canaan reports $33M net loss for 2020 despite bullish Bitcoin price action
12.4.2021
The Bitcoin miner manufacturer recorded saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage
MicroStrategy announces Bitcoin bonuses for board of directors instead of cash
12.4.2021
Cash is out of the board room and Bitcoin is in, as MicroStrategy announces it will pay director bonuses in BTC instead of dollars
Bitcoin and Ethereum Bulls Hesitate, BNB Extends Rally Above USD 600
12.4.2021
Bitcoin price is still trading below the USD 60,800 and USD 61,000 resistance levels. BTC is currently (12:00 UTC) flirting with the USD 60,000 level and if there is a downside correction, the USD 59,200 and USD 59,000 levels might provide support.
Besides, most major altcoins are showing positive...
14 Years of Art for $500K: Youtuber Ali Spagnola Compiles All Her Free Paintings Into an NFT
12.4.2021
In mid-January, Bitcoin.com’s newsdesk wrote about the popular artist and Youtuber, Alicia Dawn “Ali” Spagnola after she “accidentally got bitcoin rich” from her Free Paintings project. Since then, a great number of people told her to create a non-fungible token (NFT)...
Bitcoin Cash From Hard Fork Is Taxable Income - IRS
12.4.2021
Bitcoin cash (BCH), received after the Bitcoin (BTC) hard fork in 2017, constitutes taxable gross income, according to a memorandum released by the US Internal Revenue Service (IRS).
The IRS claims the document, dated March 22, cannot be cited as precedent, and it was drafted in response to...
Coinbase Goes Public This Week - What To Expect?
12.4.2021
As US-based major crypto exchange Coinbase going public in two days, many industry insiders see it as a bullish event for a wider crypto space, but also one that may eventually lead more people into decentralized finance (DeFi). Meanwhile, an investment research firm placed the exchange's valuation...
BSCPAD Launches, Revolutionizing the IDO Model With Over $300 Million Trading Volume
12.4.2021
PRESS RELEASE. The first decentralized IDO platform for the Binance Smart Chain Network launched with a bang. The BSC Launch Pad is currently on Pancakeswap, and will soon be released on several popular cryptocurrency exchanges. BSCPAD is empowering crypto currency projects with the ability...
Record BTC weekly close, Ethereum all-time high: 5 things to watch in Bitcoin this week
12.4.2021
It's a sea of green across cryptocurrency on Monday as all-time highs come back within reach for Bitcoin
Bitcoin Bull Mike Novogratz Warns of ‘Existential Crisis’ if the US Fails to Create Digital Dollar
12.4.2021
Mike Novogratz, the CEO of Galaxy Digital and bitcoin bull has warned that the United States’ failure to have its own digital currency could be an “existential crisis.” However, the CEO says the country’s fate is still in its hands. Novogratz made these comments a few days...
World’s Wealthiest Annual Ranking Now Lists 12 Crypto Billionaires
12.4.2021
The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list...
Bitcoin Hovers Around USD 60K, BNB Rallies Above USD 560
12.4.2021
Bitcoin price seems to be stuck below the USD 60,800 and USD 61,000 levels. BTC is currently (04:30 UTC) trading above USD 60,000, but it is facing a few hurdles. A successful close above USD 61,000 is must to start a steady increase in the coming sessions.
Besides, most major altcoins are trading...
Sri Lanka’s Crypto Regulation: Central Bank Warns of Cryptocurrency Risks, Unlicensed Exchanges
12.4.2021
The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of bitcoin and other cryptocurrencies surge locally and globally. Sri Lanka’s Central Bank Warns About Bitcoin The Central Bank of Sri Lanka...
Rich Dad Poor Dad Author Robert Kiyosaki Predicts Bitcoin Price Will Be $1.2 Million in 5 Years
12.4.2021
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just...
Crypto Long & Short: Peter Thiel Defines Bitcoin’s Accidental Role in Global Politics
11.4.2021
Thiel's comments about China “weaponizing” bitcoin to hurt the U.S. are a warning about the cost of inaction
Reddit reminisces defunct 'Bitcoin faucet' website that gave away 19,700 BTC for free
11.4.2021
It may sound shocking today, but in 2010 software developer Gavin Andresen was on a mission to give away free BTC in an effort to boost adoption
Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors
11.4.2021
Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great...
Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ
11.4.2021
Traders appear to be waiting for a trigger to start the next leg of Bitcoin's uptrend and if that happens, XLM, MIOTA, XMR and XTZ could join the party
BTC December futures reach $73,500 — Is everyone flipping ultra bullish?
11.4.2021
Bitcoin’s three-month futures premium reached a record-high of 50%, signaling market inefficiencies
Akon City 2: Akon Unveils Plan to Build Second Futuristic Cryptocurrency City in Africa
11.4.2021
Another futuristic cryptocurrency city will be built in Africa, Senegalese-American star Akon has announced. The government of Uganda will make land available to him for the construction of the new crypto city. The akoin cryptocurrency will be used in the city, similar to how it will be in Akon...
Bitcoin mining company follows Tesla by setting up shop in Austin
11.4.2021
Tech companies like Oracle, Tesla, Hewlett Packard, and now Blockcap are moving to Austin, causing many to call the state capital the Silicon Hills