Search
Meitu CEO Hints More Asian Firms May Buy Bitcoin, Ethereum, As Shares Rally
8.3.2021
Shares in the Hong Kong-based app maker Meitu surged as markets opened in Asia by over 14%, before correcting slightly, after news that the company had made a USD 40m investment in bitcoin (BTC) and ethereuem (ETH) – a first known investment for major companies in the region.
Per market data,...
Bitcoin and Ethereum Rally, Altcoins Bulls Seem Comfortable
8.3.2021
Bitcoin price formed a strong support base above USD 48,000 and started a fresh rally. BTC broke the USD 50,000 and USD 51,000 resistance levels. It almost tested the USD 52,000 resistance and it is currently (05:00 UTC) correcting gains.
Similarly, most major altcoins are showing positive signs....
Crypto Fever Back in South Korea, Average USD 7B Per Day Transacted
6.3.2021
A new report from South Korea appears to show that the latest rush in bitcoin (BTC) and altcoin investment in the country is “now higher than three years ago,” and that it’s not all about the new wave of Korean “crypto moms” – younger folk are also laying down some serious capital in their...
This Is Why 'Hedge Against Inflation', Bitcoin, Dropped On Inflation Fears
5.3.2021
Bitcoin (BTC) once again showed that it is indirectly correlated to macroeconomic factors that can move the stock market, and, in turn, affect the price of the most popular cryptocurrency that is often touted as an independent asset class.
Bitcoin fell around 10% on March 4, from USD 51,680 to...
50% of Inexperienced Investors to Hold Bitcoin Less Than a Year - Report
5.3.2021
With recent months bringing a surge in interest in bitcoin (BTC) among individual investors, a rising share of newcomers represent so-called 'weak hands' that might sell their crypto during the first serious price correction, according to a report by market research platform Cardify.
The share...
FC Barcelona Presidential Election Gets A USD 72M Crypto Twist
5.3.2021
A leading candidate for the presidency of FC Barcelona, one of the most famous football clubs in the world, claims he has negotiated a deal that would reportedly see a Hong Kong crypto exchange become the club’s main shirt sponsor in a deal worth USD 71.7 million a year.
Per BeSoccer, the claims...
Bitcoin, Ethereum Moved Lower, XRP In Green
5.3.2021
Bitcoin price failed to stay in the positive zone above USD 50,000. BTC extended its decline below the USD 48,000 support zone. It even tested the USD 46,200 support zone and it is currently (05:00 UTC) struggling to start a steady recovery wave.
Similarly, most major altcoins are moving lower....
User Data Issue Threatens to Blight New South Korean Crypto Regulation
5.3.2021
A South Korean regulator has warned of a wrinkle in forthcoming crypto exchange-governing – just days from its promulgation. At worst, the issue could leave sensitive data about customers compromised due to a legal problem.
As previously reported, a key amendment to the existing Act on...
Cuban Goes Dogecoin, Bitcoin's USD 100K Signal, Ripple's CBDC Plan + More news
4.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
US-based major crypto payment services company BitPay announced the rollout of dogecoin (DOGE) payments for merchants...
Canada's Bitcoin ETFs Losing Momentum, But Not Investors' Interest
4.3.2021
Bitcoin (BTC) exchange-traded funds (ETFs) in Canada seem to have lost their initial explosive growth, waning with other major plays in the market, but analysts argue that the interest in ETFs is still there.
The Purpose Bitcoin ETF (BTCC) was launched on February 18 as North America’s first...
More Professionals Trust Crypto Than Want To Get Paid In It - Survey
4.3.2021
While popular interest in cryptocurrencies is surging across the world due to bitcoin (BTC)'s rally this year, a poll this week showed that 50% of surveyed professionals trust cryptocurrency, but only 39% would accept it as part of their compensation.
The survey was carried out by anonymous...
Exchanges Target Payments Sphere as Bitfinex Enters Crypto Pay Too
4.3.2021
Crypto’s so-called unsuitability as a form of payment – a charge leveled at the sector by its biggest critics – is increasingly being put to the test, as some of the world’s biggest crypto exchanges wade into the payments sector.
Per a press release shared with Cryptonews.com, the crypto exchange...
Bitcoin Fails Above USD 52K, Ethereum and Altcoins Correct Gains
4.3.2021
Bitcoin price spiked above the USD 52,000 resistance, but it failed to remain stable. BTC started a fresh decline below the USD 51,000 support. It is currently (05:00 UTC) trading below USD 50,000 and it seems like there are chances of more downsides.
Besides, most major altcoins are also...
BitMEX Eyes Spot Trading, Custody As Arthur Hayes Prepares to Surrender
4.3.2021
Arthur Hayes. Source: Twitter, @CryptoHayes
Major crypto derivatives exchange BitMEX is now seemingly working on all fronts in order to strengthen their positions amid regulatory crackdown and growing competition.
Alexander Höptner, CEO of 100x Group, the holding behind the platform, revealed more...
Brave Buys Search Engine, Kings of NFT, Binance In Colombia + More News
3.3.2021
Kings of Leon. Source: A screenshot, Instagram/kingsofleon
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Decentralization news
Brave, the developer of a crypto-friendly internet browser, said...
Bitcoin Returns Above USD 50,000 In Less Than A Week
3.3.2021
The most popular cryptocurrency, bitcoin (BTC) is rallying above the USD 50,000 level again after leaving this zone less than a week ago and dropping below USD 44,000 on Sunday.
At the time of writing (09:42 UTC), BTC trades at USD 51,154 and is up by 4% in a day and 5% in a week. From the top...
Bitcoin Targets USD 50K Again, Ethereum, Altcoins Hold Supports
3.3.2021
Yesterday, bitcoin corrected gains and traded below USD 48,000. However, BTC remained well bid above the USD 47,000 level and it is currently (05:00 UTC) rising. The main resistance is now near USD 50,000, above which there are chances of a strong increase in the near term.
Besides, most major...
Inspired by Tesla, South Korean Crypto Moms Take the Bitcoin Plunge
3.3.2021
While demographic studies have shown in the past that the average crypto investor is young and male, the picture in 2021 might be changing, a recent report has found, with Millenials being edged out by boomers and Generation Xers. At least that is the case in South Korea, where a new wave...
Colombia’s Banco de Bogotá Begins Crypto Pilot
2.3.2021
Source: A screenshot, Instagram/bancodebogota
The major Colombian commercial bank Banco de Bogotá has begun a crypto pilot that will see a select group of its customers allowed to make crypto transactions on its banking platform.
Per Portafolio, the pilot will begin this month and will allow...
PayPal Rumored To Buy Curv, Goldman Sachs Reenters Bitcoin + More News
2.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
PayPal is said to be in the process of buying crypto custodian Curv, Coindesk reported, citing three undisclosed sources...