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P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates
11.4.2021
According to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ranked second and third respectively. On the other hand, volumes in South Africa, which occupied second place in 2020, dropped marginally. Consequently, South Africa...
Encrypted Messenger Company Signal Faces Scrutiny Over Mobilecoin Integration
11.4.2021
Signal, the cross-platform encrypted messaging service is facing criticism this week, after the company Signal Messenger told the public it was integrating the cryptocurrency mobilecoin. Moreover, controversy surrounds the company’s founder and CEO Matthew Rosenfeld, known as ‘Moxie...
Goldman Sachs Predicts ‘Big Evolution’ Coming to Cryptocurrency Regulation
11.4.2021
Goldman Sachs CEO David Solomon foresees “big evolution” coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will “continue to find ways to serve our clients as we move forward.” Crypto Regulation Will Experience...
HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin
10.4.2021
HSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying...
Bitcoin Price Jumps Over the $60K Zone, Crypto Economy’s Market Cap Climbs Above $2 Trillion
10.4.2021
Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market...
South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’
10.4.2021
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. Government...
SingularityNET (AGI) rallies 1,000% as industries aim to merge AI with blockchain
10.4.2021
SingularityNET price has been on the move as DeFi capabilities, cross-chain integrations and layer-2 functionality drive demand for AGI token higher
NFT gaming and a tsunami of trading volume lift Waves to a new all-time high
9.4.2021
Waves price swelled to a new all-time high as NFT airdrops and exchange listings attracted new users to the project’s growing ecosystem
Paxful denies reports of customer data leak
9.4.2021
A spokesperson from the crypto trading platform clarified that no leaks pertained to sensitive customer info
Piper Sandler Survey Shows 9% of American Teens Have Traded Cryptocurrency
9.4.2021
The American independent investment bank and financial services company, Piper Sandler has published its latest “Taking Stock With Teens” survey which notes that 9% of U.S. teenagers have traded cryptocurrencies. 7,000 teenagers were polled and roughly 81% of those who have traded...
Chinese Tech Firm Meitu Buys 175 Bitcoin, Treasury Now Holds $100 Million Worth in BTC and ETH
9.4.2021
The China-based smartphone and internet app maker Meitu has announced the acquisition of $10 million worth of bitcoin for its treasury after the firm purchased digital assets two times prior last month. The company’s cryptocurrency holdings now stack up to $100 million worth of ethereum...
Azbit Exchange Adds 9 More Crypto Assets
9.4.2021
Azbit Crypto Exchange announced adding nine more cryptocurrencies to the exchange’s crypto listing, including BDCC (BEP-20 standard), ANI, BNB, KGO, STRON, TYD, BTZ, KIND, and REAP. From 9 PM of April 8, 2021, customers can begin trading using BDCC, BNB, KIND, REAP, ANI, KGO, and BTZ. Customers...
The Most Viewed Crypto Videos: Ethereum Captured More Views on Youtube in 12 Months Than Bitcoin
9.4.2021
Total Processing, a merchant services company has published a study this week about the most-watched cryptocurrency videos on Youtube during the last year. Even though bitcoin has climbed 700% since last April, ethereum has climbed 1,100% and videos pertaining to ethereum have accumulated the most...
Artist Jauz’s New Crypto Coin to Change Artist’s Interaction
9.4.2021
With the rising need for crypto assets in the market and more people realizing their importance, there is an increase in demand for cryptocurrencies. While seeking a business opportunity amidst this crypto surge, the electronic music producer and well-known celebrity – Sam Vogel (known as Jauz),...
Leading Mortgage Brokerage Ready to Accept Crypto Payments
9.4.2021
Canada’s leading mortgage brokerage company Matrix Mortgage Global has announced that it will accept payments in the form of cryptocurrencies in its latest press release on April 8. Clients can now pay for goods and services along with the Mortgage Agent Registration fee via BitPay. Matrix Mortgage...
Crypto wagering for online sports betting now legal in Wyoming
9.4.2021
The bill already signed into law legalizes online sports betting in the state with bookmakers permitted to accept cryptocurrency deposits from bettors
Anchorage Announces Support for TRIBE Token
9.4.2021
In an important announcement, the Anchorage cryptocurrency custody firm has announced that it would add support for TRIBE. TRIBE had been in the news for its association with the FEI stablecoin, which had plummeted after receiving a backing of $1.2 billion. FEI wasn’t able to live up to...
Ripple Gets Access to SEC Documents on Bitcoin and Ethereum
9.4.2021
In an important development that can have crucial implications for the ongoing legal case between Ripple and Security and Exchange Commission (SEC), Ripple has been granted access to the regulator’s internal communication on the procedure how it defines the cryptocurrency either as a security...
Chainlink Joins Hands with Everest for Two-Way Communication
9.4.2021
Promising a future full of opportunities for the smart contract application, Chainlink and Everest have decided to come together to enable two-way communication between both organizations. Chainlink is the industry leader in oracle solutions based on decentralized technology. At the same time...
Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US
9.4.2021
According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still...