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Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive
10.2.2021
Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial...
Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust
10.2.2021
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over...
South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
10.2.2021
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. Final Certificate of Incorporation Granted...
Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase
9.2.2021
Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill...
Average Crypto Trading Fees 2020 – Cryptowisser Finds Industry Leaders Still Have Higher Fees
9.2.2021
PRESS RELEASE. Cryptowisser, who operates the world’s largest crypto exchange list, has published the second installment of its quarterly empirical report on trading fees among cryptocurrency exchanges. The 2020 Q4 report analyzes 350 different exchanges and is the biggest of its kind, giving...
Etoro’s Gooddollar Basic Income Initiative Aims to Fund 1 Million New Users With New Referral Program
9.2.2021
An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar...
Top Crypto Exchanges Experience Difficulties as Tesla News Prompts Trading Frenzy
8.2.2021
Binance, Coinbase, Gemini and Kraken are all having technical difficulties under heavy trading load
Ethereum Futures Are Now Trading on CME
8.2.2021
The Chicago exchange has now traded 77 ETH contracts after going live on Sunday
Cardano Foundation CEO says blockchain could prevent GME-type showdowns
8.2.2021
Frederik Gregaard, CEO of the Cardano Foundation, believes that a blockchain infrastructure for capital markets would make controversial top-down interventions unnecessary
Bit.com’s Daily Volume for Bitcoin Cash Options Doubled Every Day Since Launch
7.2.2021
At the end of January, the Matrixport subsidiary and leading derivatives exchange Bit.com announced the introduction of bitcoin cash perpetual swaps and options. Following the launch, the daily 24-hour volume has exceeded expectations doubling every day ever since. During the last few years...
Bitcoin Bull-Run Boosts Sales of a French Premium Wine Retailer Despite the Coronavirus Pandemic
6.2.2021
A French wine trading firm has been favored by the recent crypto bull-run, specifically with the bitcoin prices surging across the board. Despite the pandemic, Lasserre & Papillon is making good numbers after founding BTC Wine. BTC Wine Was Launched During the 2017 Crypto Prices’ Rally...
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...
South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI
5.2.2021
The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. Therefore...
African Hip Hop Artist Davido ‘Thinking of Starting a Bitcoin Trading Company’
5.2.2021
Popular Nigerian hip hop artist Davido has sparked off a buzz about crypto assets after tweeting about his intention to start a bitcoin trading company. With the short tweet, Davido becomes the latest African celebrity to express interest in starting a crypto business. Senegalese singer Akon...
B2Broker Unveils Highly-Anticipated B2Margin White Label Margin Exchange Trading Platform
5.2.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
B2Broker recently launched its white label margin exchange trading platform which has already been implemented by several new clients. B2Margin, as it is known, has been a strong focus for the development...
ETH price surge could cause ‘gamma squeeze’ as bull market heats up: Delta Exchange exec
4.2.2021
Delta Exchange, a crypto derivatives platform, says many options traders didn’t expect Ethereum’s price to rise so quickly. Now, they’re sitting on huge unrealized losses
Argo Blockchain Buys 172.5 Bitcoins as Reserve Asset, Monthly Revenue Soars 52%
4.2.2021
Argo Blockchain said Wednesday that it bought 172.5 bitcoins in the second half of January as part of its asset management strategy. ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.48...
Robinhood reportedly allowing instant deposits for crypto purchases again as DOGE surges
4.2.2021
The feature was originally suspended on Jan. 29
South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
4.2.2021
According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine...
Japanese Pop Star Talks About Her Facet as Crypto Investor — J-Pop Band Releases NFT Trading Cards
3.2.2021
Asian showbiz stars have been actively speaking about cryptocurrencies on major broadcasting networks. The Japanese pop sphere is not lagging behind, as one of its stars was featured in an interview talking about cryptos. Former Nogizaka46 Band Member Already Sold Her Crypto Holdings Nakada Kana,...