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Can You Profit Off a Red Market?

25.5.2021
Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build...

Stock Guru Jim Cramer Thinks Crypto Crash Will Benefit Stock Markets

21.5.2021
Jim Cramer, otherwise known as the ‘stock guru,’ has weighed in how the latest cryptocurrency market correction can affect the stock markets. Cramer thinks this contingency will benefit stock markets, with some investors taking profit and moving them to less volatile, less transient...

MUNCH Project Reaches $1 Million Milestone in Charitable Donations

7.5.2021
PRESS RELEASE. DeFi project Munch has raised over $1 million USD in two weeks, to aid community-chosen global causes in developing nations, through non-profit organization GiveWell. May 7th, 2021, London, UK — MUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million...

Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds

4.5.2021
Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans...

County in New Jersey makes 250% profit from crypto seized in 2018

29.4.2021
County authorities captured the cryptocurrency during a 2018 drug bust in Long Branch

Tesla books huge profit from Bitcoin sale in Q1

26.4.2021
In February, the electric vehicle maker announced it had purchased $1.5 billion worth of Bitcoin

Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits

24.4.2021
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very...

Record $600M BNB burn suggests Binance made $750M in profit in Q1

16.4.2021
Binance burned $600 million worth of BNB in Q1 2021, which means Binance possibly made over $750 million in profit

Omni.ai Releases Whitepaper for Alternative All-Inclusive and Revenue-Sharing Social Media Platform

9.4.2021
PRESS RELEASE. 9th April 2021, Delaware, United States – Social media has reshaped the digital landscape, yet people worldwide feel more disconnected than ever. The big giants have all innovated successfully, but constant monetisation efforts for the sake of corporate profit have done away...

South Korean gov't makes $10.5M profit from 4-year-old Bitcoin crime haul

1.4.2021
The coins languished in cold storage for four years after being confiscated by authorities during an arrest

Bitcoin Suisse's Profit, Temptation Of Mt. Gox Creditors, Brazil's BTC ETF + More News

19.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Crypto financial services firm Bitcoin Suisse AG expects revenues for the full-year 2020 to be in excess of CHF 45m (USD 48.4m)...

ATM Network Bitcoin of America Partners Announces Partnership With Non-Profit Organization Jambos

18.3.2021
PRESS RELEASE. Bitcoin of America, a popular virtual currency exchange, has announced its partnership with Jambos. Jambos is a non-profit organization that helps bring comfort to thousands of children in the foster care system. Even though Jambos and Bitcoin of America differ in their services,...

BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom

16.3.2021
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term...

Taraxa Wants to Put Every Informal Transaction on the Record, Unveils Details About the Upcoming TGE

6.3.2021
PRESS RELEASE. The Taraxa Foundation, a non-profit body supervising research and development of the Taraxa project, announced a public sale kicking off on March 4 at 6 PM PST. The token sale follows the launch of Taraxa’s public testnet and the release of a flagship application, with the main...

South Korean PC Gaming Rooms Rely on Crypto Mining to Profit During the Coronavirus Pandemic

25.2.2021
The coronavirus pandemic has significantly hit several entertainment routines of the people worldwide, and South Korea is not an exception. PC gaming rooms had to shut down in the country, but their owners found a way to make profits during the lockdown by participating in crypto mining. A PC Bang...

Twitter CEO donates 1 BTC to Bitcoin core development non-profit

23.2.2021
Brink, a fledgling Bitcoin non-profit outfit, got the nod from Jack Dorsey via a BTC donation

Cape Cod’s Largest Hospital Gets Bitcoin Donations Worth $800K

23.2.2021
One of Cape Cod’s largest hospitals received two bitcoin donations this year totaling $800,000 in value. The Massachusetts-based not-for-profit medical centre (NPO), Cape Cod Healthcare, explained that an anonymous donor donated $400k last Friday and the NPO received a $400k bitcoin donation...