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Quantum Fund Cofounder Jim Rogers Insists Governments Could Ban Cryptocurrencies
26.4.2021
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, is still worried about governments outlawing bitcoin and other cryptocurrencies. “If cryptocurrencies become successful, most governments will outlaw them, because they don’t want...
2 Turkish Crypto Exchanges Investigated for Fraud After Central Bank Bans Cryptocurrency Use for Payments
25.4.2021
Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained four people so far. Sixty-two people have been detained in connection with...
‘Nothing Goes up in a Straight Line’- S2F Creator Plan B Claims Bitcoin Price Drop a ‘Mid-way Dip’
25.4.2021
Bitcoin prices have dropped below the $50k region during this week’s trading sessions sinking to a low of $47,555 on Friday. The popular creator of the stock-to-flow (S2F) bitcoin price model, Plan B has discussed the recent price dip and stressed that “nothing goes up in a straight...
Dogecoin Investor Becomes Millionaire in 2 Months, Inspired by Elon Musk
25.4.2021
A dogecoin investor has shared his story of how he became a crypto millionaire in a little over two months after learning about the meme cryptocurrency and pouring all his savings into it. He said he was inspired by Elon Musk’s tweets about dogecoin. A Doge Millionaire Shares His Story...
3 things every crypto trader should know about derivatives exchanges
25.4.2021
Understanding open interest, funding rates and the differences between futures contracts is the starting point for any investor interested in trading crypto-based derivatives
OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter
24.4.2021
The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize...
US State Passes Resolution Commending Satoshi Nakamoto and Bitcoin
24.4.2021
The U.S. state of Louisiana has passed a resolution to commend bitcoin for its success as well as commend the cryptocurrency’s pseudonymous creator, Satoshi Nakamoto, “for his contribution to economic security.” State Resolution Recognizing Satoshi and Bitcoin The Louisiana House...
Turkish Crypto Exchange Exit Scam: CEO Flees Country, 62 People Detained, Users Cannot Access $2 Billion of Funds
24.4.2021
A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with him. The police have an arrest warrant for the CEO and 62 people have already been detained in connection with...
The Best Place to Buy Gift Cards with Cryptocurrency in 2021
24.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Using cryptocurrency to buy products online is becoming the new norm nowadays. The interesting thing about crypto is that there are a variety of websites that support it. But if you want to buy products from...
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...
‘Black Swan’ Author Nassim Taleb Advises to Stay Out of Bitcoin, Citing No Link to Inflation or ‘Anything Economic’
23.4.2021
The famous author of The Black Swan, Nassim Nicholas Taleb, says investors should not buy bitcoin. To hedge against the current turbulent market, he advises buying stocks or real estate, emphasizing that bitcoin has no connection to inflation or “anything economic.” Nassim Taleb Advises...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
Robinhood announces new COO to lead crypto trading desk
23.4.2021
With the company’s crypto business expanding significantly, Robinhood has appointed a chief operating officer to lead its cryptocurrency operations
In Ripple vs. SEC, the Former is Likely to Win Price Surge
23.4.2021
The explosive statement made by the CEO The CEO of Ripple, Brad Garlinghouse, is determined to fight the case against SEC, and he firmly believes that the lawsuit is nothing but a vehement attack against the cryptocurrency industry. However, Garlinghouse is not worried as he is certain that...
Turkish police detain 62 over alleged $2B Thodex crypto exchange fraud
23.4.2021
After major Turkish crypto exchange Thodex abruptly halted trading amid fears of a possible exit scam, police have already detained 62 people across eight provinces and issued detention warrants for 16 more
Bitcoin vs Gold Debate: Frank Giustra Says BTC Not the Answer to All Problems, Crypto Proponents Exhibit Cult Behavior
23.4.2021
The bitcoin vs. gold debate between gold financier Frank Giustra and the pro-bitcoin Microstrategy CEO Michael Saylor took place this week. In what viewers call an “epic” debate and a “historic” event, Saylor packed his arguments full of facts to convince Giustra to sell...
Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance Sheet
23.4.2021
Another U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet. Jackson TN Looking to Become a Bitcoin Hub Mayor...
Anonymous Dogecoin Holder Donates Profits to a Dog Shelter in Florida
23.4.2021
In the last few days, the popular meme-based cryptocurrency has witnessed wild movements across the board, going up and down. An anonymous woman who holds dogecoin and profited from the latest all-time high ($0.44) made a philanthropic maneuver in favor of dogs. Woman Left A “Dogecoin”...
US House Passes Bill Mandating SEC and CFTC to Establish Working Group Focused on Digital Assets
22.4.2021
The U.S. House of Representatives has passed a crypto-related bill introduced by pro-bitcoin Congressman Patrick McHenry. It requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a working group focused on digital assets. Bill...
Coinbase delisting averted as German stock exchange resumes trading
22.4.2021
Coinbase averted the delisting of its shares from the German stock exchange after submitting legal documents which had originally been neglected in error