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Russian Crypto Miners Brace for Computer Chip Crisis Fallout
11.5.2021
Russian crypto miners could be hit by the looming semiconductor shortfall, per a new report – as chipmakers warn of a sharp drop in production rates.
Consumer electronics brands such as South Korea’s Samsung and LG have joined an increasingly loud chorus, which also includes the automakers...
Western Google Union, Palantir's Bitcoin, Dollar in Danger + More News
11.5.2021
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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Payments news
Money transfer company Western Union said it has teamed up with Google to provide users in the US with access to Western...
Data analytics giant Palantir now accepts Bitcoin payments
11.5.2021
The firm added Bitcoin was "definitely on the table" as consideration for a treasury reserve asset
Considering Working For Coinbase? Here's Their New Compensation Policy
11.5.2021
Source: a screenshot, Instagram/Coinbase
Coinbase is to embark on a new HR strategy by increasing compensation targets, removing pay package negotiations for its new hires, and launching a new program of annual equity grants.
The US-headquartered crypto exchange giant appears to have thrown out...
Block.one Secures USD 10B To Compete With Coinbase, Binance & Co
11.5.2021
A new major player might join the vibrant industry of crypto exchanges, as EOS developer Block.one said it aims to launch a new crypto exchange, Bullish Global (BG), this year after they secured USD 10bn in funding.
BG is the new subsidiary of Block.one that has injected in the company USD 100m...
Will Facebook's Mark Zuckerberg Kill or Save Bitcoin (The Goat)?
11.5.2021
Perhaps tired of the likes of Elon Musk and Mark Cuban dominating the crypto press, Facebook supremo Mark Zuckerberg has emerged from the shadows with a headline-grabbing move of his own – naming his new pet goat after the world’s biggest cryptoasset: bitcoin (BTC).
Bitcoin the Goat has become...
Bitcoin and Ethereum Extend Correction, Altcoins Trim Gains
11.5.2021
Bitcoin price failed to test the USD 60,000 level and started a downside correction. BTC broke the key USD 56,500 support level to move into a short-term bearish zone. It even dived towards USD 53,500 and it is currently (05:40 UTC) trading just below USD 55,000.
Similarly, most major altcoins...
‘Elderly’ South Korean Crypto Fans Brave 30-min Waits at Customer Centers
11.5.2021
South Korean Crypto Fever 2.0 shows no sign of abating – with customers weathering waiting time of 30 minutes or more as queues of wannabe investors wait to get face-to-face service from the crypto exchange Bithumb’s reopened offline center in Seoul’s affluent Gangnam District.
As previously...
El Corte Inglés Fast-tracks Bitcoin-flavored Brand Name Registrations
10.5.2021
The Spanish retail giant El Corte Inglés has registered the business name Bitcor, in an indication that it could be prepared to take a further step into the world of crypto-related business.
Per El Pais, the firm has registered the brand name with the European Union Intellectual Property Office....
NFL quarterback Tom Brady hints at owning Bitcoin
10.5.2021
The GOAT's Twitter profile picture now shows him with laser eyes
UBS Has A Crypto Plan, Ethereum ETF + More News
10.5.2021
Source: iStock/Rafael_Wiedenmeier
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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Banking news
Swiss banking giant UBS Group AG is in the early stages of planning to offer wealthy...
Crypto Market Sentiment Rises, Bitcoin Reclaims Throne, Polkadot Wins Week
10.5.2021
The past week brought yet another rise in the market sentiment, moving it deeper into the positive zone - while the world's number one coin by market capitalization reclaimed the throne. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins increased from...
Traders Rotate From Bitcoin To Alts, While JPMorgan Sees Ether As Overvalued
10.5.2021
Ethereum (ETH) and altcoins might keep outperforming bitcoin (BTC) in the months ahead, while the most popular crypto is preparing for a lift off, according to major crypto exchange Kraken. Meanwhile, JPMorgan sees "froth" in the crypto market and claims that ETH is now heavily...
Satoshi or Bitcoin? Novogratz Reignites BTC Marketing Debate
10.5.2021
The discussions over increasing the marketing of satoshis (sats), or the smallest unit of bitcoin (BTC), instead of BTC itself, re-emerged, but so does the opposition to the idea.
"It is time to switch to Satoshis. Too many people telling me at USD 58,000 BTC too expensive," argued Galaxy...
Ethereum Hits New Record High, Bitcoin Eyes USD 60K Again
10.5.2021
Bitcoin price remained stable above the USD 56,500 pivot level. As a result, BTC started a fresh increase and it cleared the USD 58,500 resistance. It is currently (04:30 UTC) trading USD 59,000 and the bulls may soon attempt an upside break above USD 60,000.
Besides, most major altcoins...
Ethereum Breaks USD 4,000, Bitcoin Rallies Past USD 59K
10.5.2021
The native token of the most popular smart contract platform, Ethereum (ETH), just reached another milestone, hitting USD 4,000 for the first time in its history.
At 03:17 UTC, ETH trades at USD 4,006 and is up by 2% in a day and 36% in a week. The price almost doubled in a month. ETH neared...
Tokyo Assemblyman Wants to Turn City into Crypto Powerhouse
8.5.2021
Source: Adobe/Luciano Mortula-LGM
A Tokyo city assemblyman has spoken out about ambitious plans to transform the Japanese capital into a crypto-powered financial hub – claiming that embracing cryptoassets could help put the city on a par with London and Hong Kong.
Speaking to Finders (via Yahoo...
Unmasking the London Bitcoin Projectionist Covering City with BTC Slogans
7.5.2021
Source: Twitter/@DominicFrisby
A mysterious Bitcoin (BTC)-loving projectionist has been lighting up the London nights with fiat-bashing, BTC-themed slogans.
The projectionist’s activities have been chronicled by Dominic Frisby, a comedian and actor who rose to fame with a viral video about Brexit...
BTC Is 'Speculative' Store of Value, 'A Lot' of Alts - Securities, Says SEC Chair + More News
7.5.2021
Gary Gensler. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
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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Regulation news
Bitcoin is a speculative and volatile store...
Why does Bitcoin have More Scope for Growth?
7.5.2021
The year 2020 turned out to be exceptional in more ways than one. The breakout of the pandemic, bushfires in Australia, restrictions on global travel, and the novel concept of quarantine and lockdown – we have seen them all in 2020. The economic meltdown across the globe was also one of...