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Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases
5.11.2020
Federal Reserve releases statement from this week's monetary-policy meeting
Coinbase Card Now Available in the US for Payments and Purchases
29.10.2020
Leading global crypto trading network Coinbase announced the launch of the Coinbase Card in the United States. As per the official tweet, Coinbase Card is a Visa debit card that will allow users to spend their crypto for purchases and payments wherever Visa is accepted, and earn up to 4% crypto...
Marathon Purchases Additional 10,000 S-19 Pro Miners from Bitmain
26.10.2020
This marks the second 10,000+ machine order from Marathon since August
Weekly P2P Volume Up USD 64M in 5 Years, Fuelled by Gift Card Purchases
23.10.2020
Global peer-to-peer (P2P) crypto trading volume has seen huge developments in the past five years, growing by more than USD 60m, with a significant driver being Paxful exchange, whose users are keen on using gift cards as the preferred payment solution on the platform, states the latest research...
Square Purchases BTC Worth $50M; Crypto Leaders Congratulate
9.10.2020
Jack Dorsey backed investment company Square announced on Thursday that it has bought Bitcoins worth $50 million. In the official tweet, Square stated it believes that crypto allows the company to participate in the global monetary system and is an economic empowerment instrument. Today, @Square...
Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC
8.10.2020
Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc....
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
3.9.2020
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public...
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
8.8.2020
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S....
Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank
23.7.2020
The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases. 16 Registered Crypto...
US Law Enforcement Is Watching for Bitcoin Drug Purchases on Darknet
17.7.2020
The NCIS has seen an uptick in darknet purchases using Bitcoin. Blockchain analytic firms discuss procedures to combat crypto-related crimes, along with emerging challenges
Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases
13.7.2020
Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands...
BTC Payments Reportedly Now Disabled for Venezuelan Passport Purchases
25.6.2020
Bitcoin’s payments for Venezuelan passport applications disabled “temporarily” without official explanation
LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid
23.6.2020
Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash
Xapo Suspends Credit Card Crypto Purchases, Shifts Operations to Gibraltar
12.6.2020
Xapo is making changes as it transforms into a digital bank launching later this year
JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees
28.5.2020
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles...
Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’
20.5.2020
On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases...
Huobi Wallet Now Allows Crypto Credit Card Purchases Through Simplex
19.5.2020
The wallet of cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards
Binance Announces Up to 10% Cashback on Purchases via “Pay with Bank Card” Service
25.4.2020
World’s largest crypto exchange Binance announced on Saturday that the users would get up to 10% cashback on all the crypto purchases made via the “Pay with Bank Card” service. The users will get daily bonuses on a first-come, first-serve basis, the details of which were further given in the tweet:...
Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending
3.4.2020
A lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance...
Crypto.com Waives Credit Card Fees for Crypto Purchases for 3 Months
1.4.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Crypto.com Waives Credit Card Fees for Crypto Purchases for 3 Months
Additionally, up to 20% back on essential purchases (food, groceries and delivery)
<HONG KONG, April 2, 2020> - Crypto.com announced...