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SparkPool ETH Miner Shuts Its Business Post Crypto Ban in China
30.9.2021
SparkPool, considered to be one of the world’s largest miners of Ethereum, has just ceased operations as China’s crackdown intensifies. The mining pool of Ethereum shut down in China in the wake of the country’s decision to ban cryptocurrencies. This follows the People’s...
Uniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens
27.9.2021
In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%
Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban
24.9.2021
REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains
Ethereum drops more than Bitcoin as China escalates crypto ban, ETH/BTC at 3-week low
24.9.2021
The second-largest cryptocurrency falls 13.30% versus Bitcoin's 9.38% decline as China's move scares investors away
Old FUD, new BTC price dip — Weeks-old China crypto 'ban' sparks $42K Bitcoin price drop
24.9.2021
Old news suddenly gets picked up on social media, sparking an instant crypto price crash
Hebei is the latest China province to wield the crypto crackdown hammer
14.9.2021
Authorities in the province say crypto mining is inimical to China's environmental conservation efforts
Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
5.9.2021
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during an interview. Protecting Crypto Investors In...
Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations
19.8.2021
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief...
Bitcoin mining metric that has predicted every big BTC rally since 2020 is flashing again
18.8.2021
The fractal setup appeared at the beginning of the Bitcoin price rallies in January 2019, January 2020, March 2020 and December 2020
Leader of Nigerian Crypto Stakeholders’ Body Welcomes the E-Naira — Says It ‘Comes With No Magic Wand’
1.8.2021
Nigeria’s proposed digital currency, the e-naira, is likely to be a welcome boost to ongoing efforts to reduce the number of Nigerians that are financially excluded, a leader of a stakeholders’ body has said. However, according to Senator Ihenyen, the president of Stakeholders...
Nigerian Crypto Exchange Boss: CBN Directive Led Shift of Trades From Centralized Exchanges to Black Market Exchanges
1.8.2021
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While the measure appears to have succeeded in removing crypto entities from the banking ecosystem, the policy has however led to the growth...
China's crackdown signals an oncoming crypto ban, Bobby Lee says
26.7.2021
China has been increasing its regulatory pressure on crypto firms to help Chinese citizens stay clear of high-risk investments
Bitcoin price hints at 'megaphone' bottom pattern, and a breakout toward $40K
24.7.2021
The megaphone-shaped pattern reflects growing disagreement between investors over the next Bitcoin trend bias
Tanzania Announces Plans to Create Blockchain Advisory Team as Country Moves to Adopt Crypto
14.7.2021
In a follow-up to Tanzanian President Samia Suluhu Hassan’s call for cryptocurrency action, a government minister has now announced plans to set up a crypto advisory team. This team, according to the Information and Communication Technology (ICT) minister Faustine Ndugulile, will consist...
Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
14.7.2021
The latest price declines came after the US inflation rose to a 30-year high in June
Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns
9.7.2021
The bearish outlook surfaces as Bitcoin prices form a classic cup and handle pattern, now in the last stage of its maturity
Chinese Crypto Ban Could Be Long-Term Good For Bitcoin - BitGo CEO
8.7.2021
Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg
Mike Belshe, CEO and Co-Founder of digital asset financial services company BitGo, claims that a recent clampdown on crypto in China could be a good thing for Bitcoin (BTC) in the long-term.
“Over the last...
Pro-crypto Congressman stacks, anti-crypto Congressman receives $100K from TradFi
7.7.2021
Alabama congressman Barry Moore has snapped up ETH, ADA, and Doge over the past two months, but his holdings have taken a significant hit amid the crypto downturn
Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
6.7.2021
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. However, as some observers have noted, the removal of the tweet...
China crypto ban a ‘huge opportunity for Canada,’ mining group head says
5.7.2021
The diversified location of Bitcoin mining facilities following China's crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says