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El Salvador purchases first 200 BTC, President Bukele confirms
6.9.2021
El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society
These 3 altcoins mooned as Bitcoin price rallied to $52,000
6.9.2021
ROSE, PRQ and AVA price soared after a key trading metric signaled that ‘altseason’ is here and BTC moved to $52,000
German asset manager Union Investment seeks BTC exposure for several funds
6.9.2021
German funds and asset managers are expanding their horizons crypto investments now that the nation has more favorable laws governing Spezialfonds
How the Bitcoin model can solve the social media dilemma
6.9.2021
Decentralized social media platform built on the Bitcoin model puts privacy first in its new messenger that can send crypto
Crypto mining demand soars in Vietnam amid Bitcoin rally
6.9.2021
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices
African Economist Says Regulated Cryptocurrencies Are Reasonable Alternative to Single Trade Currency
6.9.2021
A Nigeria-based research and development economist, Gospel Obele, has called “for a unified regulatory mechanism for cryptocurrency trading.” He adds that such regulation of cryptocurrencies can potentially “complement an African digital currency,” hence this needs to...
Regulating crypto could give it 'halo' of legitimacy, says UK watchdog
6.9.2021
The chair of the United Kingdom's Financial Conduct Authority has warned that overextending the reach of regulators could backfire in the case of some cryptocurrency tokens
Analyst Predicts Crypto Bull Market: $100K Bitcoin, $5K Ethereum Is Path of Least Resistance
6.9.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone has affirmed his bitcoin price prediction of $100K, seeing $5K for ethereum as the path of least resistance. He expects the crypto market to thrive in a “refreshed bull market.” Cryptocurrencies Poised to Thrive, Bull...
Top 5 cryptocurrencies to watch this week: BTC, LTC, FIL, FTT, MIOTA
5.9.2021
BTC bulls are still trying to flip $50,000 to support and if this occurs LTC, FIL, FTT and MIOTA could rally higher
Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges
5.9.2021
Unknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional...
How will blockchain technology help fight climate change? Experts answer
5.9.2021
Here’s what experts on emerging tech think about the role of blockchain in achieving more sustainability and lessening the climate crisis
Cryptocurrency can actually make a difference by helping people
5.9.2021
The simplicity of crypto could be a game-changer for charities. One influencer is capitalizing on this to save a sanctuary for at-risk youth
Traders know not to ‘go long’ when this classic trading pattern shows up
5.9.2021
Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades
JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’
4.9.2021
Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on...
Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K
4.9.2021
Following a massive correction, digital assets led by Bitcoin and Ethereum are on track for new highs, according to a new report from Bloomberg
India Has New Plan to Regulate Cryptocurrencies: Report
4.9.2021
India is reportedly working on a new way to regulate cryptocurrencies. “The government is planning to define cryptocurrencies in the new draft bill that also proposes to compartmentalise virtual currencies on the basis of their use cases,” according to a report. How India Will...
BBVA Switzerland Launches ‘New Gen’ Digital Account With Integrated Crypto Wallet
4.9.2021
Clients of BBVA Switzerland will be able to buy, store, and trade crypto assets with a digital account that comes with a cryptocurrency wallet. The new banking product will be available across the European Union as well as in a number of markets in South America. BBVA Switzerland Account...
Japan’s Financial Giant SBI to Launch Cryptocurrency Fund
4.9.2021
Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of...
Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi
4.9.2021
Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway
Banks vs. exchanges — regulators overwhelmingly penalize fiat, not crypto
3.9.2021
Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for the last 20 years