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Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in Bitcoin
29.5.2021
Globant, one of the big four tech firms in Argentina, has quietly made its first foray into the world of cryptocurrency investing, according to its latest filing to the SEC. The firm bought bitcoin during the first three months of this year, and is now part of a select number of LATAM unicorns that...
Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’
28.5.2021
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and said...
SEC Urges Congress to Pass Cryptocurrency Legislation to Protect Investors
28.5.2021
The U.S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with the Commodity Futures Trading Commission (CFTC) and the U.S. Treasury Department to combat...
Apple Hiring Manager With Cryptocurrency Experience to Launch New Alternative Payments Programs
28.5.2021
Apple Inc. has posted a job notice for a business development manager with cryptocurrency experience. “This position will be responsible for the end-to-end business development, including screening partners, negotiating and closing commercial agreements, and launching new programs,”...
Wisdomtree Files Ethereum ETF Application
28.5.2021
In an important development, WisdomTree has filed an application for the Ethereum exchange-traded fund (ETF) before the Securities and Exchange Commission (SEC). This was revealed by the documents with the SEC, although there is no confirmation from the filing agency. WisdomTree has already filed...
A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption
28.5.2021
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers...
UAE authority issues warning about Dubai Coin
28.5.2021
Dubai does not have an official cryptocurrency, officials state
Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices
28.5.2021
Law enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial enterprises that have been supplying the bitcoin farms with electricity....
Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round
28.5.2021
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that...
How Pocketnet & Pocketcoin (PKOIN) Are Set to Change the Internet Forever With Crypto & P2P Tech
28.5.2021
Pocketnet is a fundamentally new way to build a social media platform powered by the cryptocurrency Pocketcoin (PKOIN). It is a mix of traditional social media platforms and Bitcoin with some cutting-edge new features, such as the ability to auction off your content through NFT-Scarce. Pocketcoin...
Shanghai Man: Miners banned, exchanges targeted? Here's what's really happening
28.5.2021
A look at the last week of crackdowns, including a ruling from Vice Premier Liu He. Hong Kong echoes Beijing with stricter controls of their own, limiting retail investors in the administrative region
Billionaire Carl Icahn Mulls Over Diving Into Cryptocurrency in a ‘Big Way’ With About $1.5 Billion Investment
28.5.2021
Billionaire investor Carl Icahn, the founder of Icahn Enterprises, says that his company is exploring how to get involved in cryptocurrency “in a relatively big way,” which he said could be an investment of about $1.5 billion. Carl Icahn Exploring Getting Into Cryptocurrency Carl Icahn...
Danish Central Banker Tempted to Ignore Cryptocurrency — Sees Real Threat in ‘Big Tech Invading Currency Area’
28.5.2021
Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or...
Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill
28.5.2021
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be debated in the Zimbabwean parliament. If the crypto...
Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1
27.5.2021
Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker...
3 ways traders use moving averages to read market momentum
27.5.2021
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset
Big tech, not cryptocurrency, is the real threat to central banks’ autonomy, Danish central bank governor says
27.5.2021
Though Danmarks Nationalbank's governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto
Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify
27.5.2021
Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. Iran has banned cryptocurrency mining effective immediately...
US SEC wants to work with Congress to regulate crypto exchanges
27.5.2021
SEC head Gary Gensler said that the authority spends only $325 million a year on tech, which is less than some industry players spend in two weeks
Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown
27.5.2021
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services...