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Analyst Warns of Broad Correction in the Cryptocurrency Market
12.5.2021
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing...
How did Internet Computer (ICP) become a top-10 cryptocurrency overnight?
12.5.2021
The difference in ICP rates across multiple crypto exchanges was as high as $2,500 at one point
‘Bullish’ Cryptocurrency Exchange to Launch With Backing of Billionaire Investors, Investment Bank Nomura
12.5.2021
A new cryptocurrency exchange called “Bullish” will be launched this year by Bullish Global, a subsidiary of Block.one. It is backed by a number of prominent investors, including Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and investment bank...
Crypto.com becomes first cryptocurrency platform to receive MFSA Class 3 license
12.5.2021
Under the Class 3 VFA license, Crypto.com can provide custodial services and execute orders on behalf of other persons
KFH and Ripplenet Partner for Cross-Border Payments
12.5.2021
To support the ongoing humanitarian aid and community work, Kuwait Finance House (KFH) has paid Zakat house a total sum of KD 11.2 million. That step is taken in the backdrop of parallelism philosophy, where societies and businesses are complementary. A vibrant society is conducive to the growth...
Free Bitcoin: Papa John’s Giving Away BTC With Pizza Purchases in UK
12.5.2021
Papa John’s Pizza is giving away bitcoin with pizza purchases in the U.K. Customers who spend at least £30 will get £15 off their orders as well as £10 in free bitcoin. The bitcoin freebie is given through global cryptocurrency exchange Luno. Papa John’s Bitcoin Giveaway...
South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy
12.5.2021
A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume. The Korea Federation of Banks (KFB) requested its members to audit trading volumes through their crypto exchanges’ customers’...
Urban Tea Now Accepts Cryptocurrencies Including Dogecoin
12.5.2021
A specialty tea products retailer based in China’s Hunan province, Urban Tea, has introduced crypto payments in its stores and restaurants on two continents. Starting from this week, customers will be able to buy its beverages and meals using various cryptocurrencies. Chinese Tea Stores...
Mastercard Payment Index: More Consumers in Three African Countries Plan to Use Crypto Based Payment Methods
12.5.2021
According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread the use of cryptocurrency in three African countries, namely Nigeria, Kenya, and South Africa. The report also reveals that a greater number of consumers from these countries are “likely to...
Ethereum Price to Hit $19,842 by 2025 According to 35 Experts
12.5.2021
Thirty-five experts have come together to predict the price of ethereum. On average, they expect the price of ether to hit $19,842 by 2025. The majority of panelists say now is the time to buy ethereum while 28% say to hodl. Experts See Price of Ether Reaching Almost $20K by 2025 The “Finder...
Goldman Sachs Executive Reportedly Resigns After Making Millions Investing in Dogecoin
12.5.2021
A Goldman Sachs executive has reportedly resigned from the investment bank after he made a fortune investing in dogecoin. The meme cryptocurrency is touted by a growing number of celebrities, including the Dogefather Elon Musk and Mark Cuban. Goldman Sachs Executive Quits After Making Millions...
E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’
11.5.2021
Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community.” Ebay Updates...
Dogelon Mars, Shiba Inu and Dogecoin take the lead as Bitcoin consolidates
11.5.2021
Canine-themed meme tokens like ELON, SHIB and DOGE have taken control of the market while Bitcoin consolidates below $57,000 and Ethereum holds above the $4,000 mark
Coinbase overtakes TikTok for #1 position on Apple app store
11.5.2021
The trading app first became available on the Apple App Store in 2014
Mark Zuckerberg’s Goat, “Bitcoin”, Ignites Conspiracy Theories
11.5.2021
Yesterday, Mark Zuckerberg, founder and CEO of Facebook, revealed he’d named one of his goats “Bitcoin”. This was seemingly an innocent announcement that, nonetheless, got the crypto sphere talking on what deeper meaning this might indicate. While some have rationalized this...
Block.one secures funding for $10B EOS-based crypto exchange platform
11.5.2021
The EOS-based Bullish Global crypto exchange platform is expected to go live later in the year
Richard Branson Found to Be Crypto Scammers’ Favorite Brit Celebrity
11.5.2021
Famed entrepreneur Richard Branson is often featured in fake articles sent out by various investment schemes, many of which are related to cryptocurrency, U.K.’s National Cyber Security Centre (NCSC) revealed in a report. The agency, which has blocked over 285,000 such campaigns in only nine...
Indonesia considers capital gains tax on cryptocurrency trades
11.5.2021
A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official
Dfinity Foundation Launches Internet Computer Utility Token
11.5.2021
According to the latest announcement, the registered users of Coinbase Pro will engage in buying, selling, converting, receiving, and storing ICP, the newly launched token by the Dfinity project. The ICP token works through its staking in at its governance system that enables the users to rake...
Kazakhstan’s government to create roadmap for developing crypto market
11.5.2021
Kazakhstani authorities plan to improve their regulatory approach in order to strengthen the country’s position in the global crypto market