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Central Bank of Nigeria Official Reiterates Nigerian Residents Free to Trade Cryptos: Directive Only Applies to Banking Sector
21.3.2021
A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says...
Beaxy Accelerates Automated Trading Through Hummingbot Partnership
21.3.2021
PRESS RELEASE. Chicago, Illinois, USA – Hummingbot.io, a premier open-source algorithmic trading project, has chosen to incorporate Beaxy Exchange into its most recent software release, allowing Beaxy users to take advantage of 24/7 automated high-frequency trading on a U.S. based...
Bytetree Founder Believes Grayscale Should Lower Its ‘Unrealistically High’ Fee: Warns of Possible ‘Systemic Risk’
21.3.2021
The founder of Bytetree Asset Management, Charlie Morris, has suggested the reduction of the GBTC management fee as one way Grayscale Investment can ease the current selling pressure and possibly reduce the discount on the shares. Morris says if no action is taken, “the selling pressure will...
NFT Criticism Heightens: Skeptic Calls Tech a ‘House of Cards,’ Claims NFTs Will be ‘Broken in a Decade’
21.3.2021
On the week of March 7 through the 13th, the term “NFT” touched an all-time record high in terms of popular search queries according to Google Trends (GT). The highest score is 100 and this week, GT shows interest has dwindled a hair down to 97. Meanwhile, while the NFT hype affects...
Tři důvody, proč se těšit na nový film Mortal Kombat. A tři obavy
21.3.2021
Velmi dlouho očekávaný třetí film Mortal Kombat vypadá nadějně. Je tu ovšem pár důvodů, proč být mírně nervózní. Pojďme si je rozebrat podrobněji a podívat se, proč se to tak táhlo
Citi Executive Says Bitcoin Will Do Well But Sees Better Investments in ‘Giant Unstoppable Trends’
20.3.2021
Citibank’s David Bailin believes that bitcoin will do well because of the level of interest from investors. While stating that the cryptocurrency can be part of a portfolio, the executive sees better investment opportunities than bitcoin in “giant unstoppable trends.” Bitcoin...
6 Questions for Sanja Kon of Utrust
20.3.2021
Elon Musk Bitcoin Giveaway Scam Costs This Man BTC Worth $600K
20.3.2021
A German man has shared his story about how he fell for the Elon Musk bitcoin giveaway scam. He lost 10 bitcoins to the scam, worth almost $600K at the current price. “I’d just thrown away the game changer for my family, my early retirement fund, and all the upcoming holidays with...
Bitcoin’s next move, Elon Musk’s promotion, the toilet paper NFT: Hodler’s Digest, March 14–20
20.3.2021
Shenzhen-listed ICT Company Plans to Invest $155 Million in Microbt Bitcoin Mining Hardware
20.3.2021
A Shenzhen-listed information and communications technology (ICT) company ZJBC has plans to invest in the bitcoin mining sector according to a recent announcement. ZJBC says that it aims to spend up to $155 million on Microbt manufactured ASIC mining rigs. Chinese ICT Firm ZJBC to Invest $155...
Atlanta-Based Bitcoin ATM Provider Launches Over 100 New Machines Across 24 States in the US
20.3.2021
A bitcoin ATM provider has announced a deployment of new machines across several states in the U.S. Bitcoin Depot is set to launch over 100 new bitcoin ATMs in 24 states soon. Bitcoin Depot Expects to Grow by 200% in 2021 According to the company, almost 115 BTC ATMs will be installed, doubling...
South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
20.3.2021
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges. No Details...
The Wisemining Sato Boiler- A Product That Aims to Heat Your Home and Offset Costs by Mining Bitcoin
19.3.2021
In just over two weeks, a company called Wisemining plans to launch a new product called Sato, a boiler that can provide heat to a home by leveraging ASIC mining rigs for heat production. It also means that the heater provides revenue in the form of cryptocurrency, which offsets the costs...
The 10 Best Deals of March 19, 2021
19.3.2021
Friday’s Best Deals | Kinja DealsRead more
BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016
19.3.2021
During the last week, the Bitcoin network’s hashrate has jumped to a record high of 185 exahash per second on March 14, 2021. The hashpower has relentlessly continued to rise, climbing a whopping 18,400% in five years since January 21, 2016. Bitcoin Price Jumps Over 1,500% in a Year, Hashrate...
Rare Crypto Faucet and DeFi Apps Launch on xDai Chain
19.3.2021
PRESS RELEASE. Toronto, Ontario, Canada, March 19th 2021 – Affinity Design – Rarify Apps just launched a new deFi application only possible on layer 2 tech. After only a week since the claiming app debut, the price of Rare Coin soared well over 1000 USD on the Honeyswap DEX after...
UK Watchdog Bans Bitcoin Advert for ‘Irresponsibly’ Promoting Investments in the Crypto Asset
19.3.2021
The United Kingdom’s Advertising Standards Authority (ASA) has banned Coinfloor’s bitcoin advert for “irresponsibly” promoting investments in the crypto asset. The watchdog claimed the crypto exchange’s marketing campaign had targeted pensioners who were...
Canadian Condo Company Invests in Bitcoin, Hopes to Become ‘Self-Sustaining Real Estate’
19.3.2021
A few months ago a trend started where well known businesses like Microstrategy, Square, and Tesla started adding bitcoin to their company balance sheets. Now a Canadian condominium company has decided to invest in bitcoin in order to replace some of the firm’s reserve fund with crypto....
How to Become a Bitcoin Millionaire in 2021
19.3.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
2020 was a game-changer for both Bitcoin and the crypto space in general. More and more financial institutions and major global corporations are recognizing the growing potential of crypto as a lucrative...
Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021
19.3.2021
A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to...