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‘Bitcoin Is the Biggest Jailbreak in Human History,’ Says Philosopher Stefan Molyneux
22.2.2021
On February 19, the Canadian podcaster and Freedomain Radio host, Stefan Molyneux, discussed his thoughts about bitcoin following the crypto asset’s tumultuous rise capturing over a trillion-dollar market valuation. Molyneux’s recent speech describes the liberating potential bitcoin...
3 reasons why Fantom (FTM) price continues to rally to new all-time highs
22.2.2021
In the past month, Fantom price increased 1,570% as governance features and a cross-chain bridge to Ethereum strengthen its DeFi aspirations
Binance Blamed for Purposely Choking Ethereum’s Network
22.2.2021
The recent ramp higher in cryptocurrency prices has assuredly attracted its fair share of cheerleaders and detractors alike, but the reality of this climb has been a concurrent increase in network fees from rising transaction volumes. Binance is Blamed for Purposely Choking Ethereum’s Network...
Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50%
22.2.2021
Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card...
India securities regulator to reportedly bar IPO promoters from holding crypto
22.2.2021
The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...
Skybridge Capital Founder Predicts $100K Bitcoin Price This Year Due to ‘Heavy Demand’ and Diminishing Supply
22.2.2021
The founder of asset management firm Skybridge Capital, Anthony Scaramucci, has predicted that the price of bitcoin will reach $100,000 before the year-end simply due to supply and demand. “You don’t have a lot of supply out there and very heavy demand,” he said. His firm...
DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs
22.2.2021
The goals and development of SushiSwap and Uniswap are diverging as each exchange’s governance token reaches new all-time highs
‘Big Short’ Investor Michael Burry Warns Governments Could ‘Squash’ Bitcoin
22.2.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned that governments could “squash” bitcoin in an inflationary crisis. Expecting more massive stimulus from the government, he said to “prepare for inflation.” Michael Burry Shares...
Here’s how multi-leg options allow traders to profit from $2K Ethereum price
21.2.2021
Using multi-leg options can give traders a less risky way to invest in Ethereum price as it pushes above $2,000
Federal Reserve Bank President James Bullard Confident Bitcoin Not a Threat to US Dollar
21.2.2021
The president of the Federal Reserve Bank of St. Louis, James Bullard, has shared his view on the future of bitcoin. He is confident that the cryptocurrency poses no threat to the U.S. dollar. Referencing the unpopularity of various versions of dollars issued before the Civil War by banks, Bullard...
Technical and Fundamental Analysis of Cryptocurrency
21.2.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
With the explosion of cryptocurrency in 2020, which has propelled investors worldwide to key into it, it seems like a highly lucrative avenue; who wouldn’t want to get a slice of this highly beneficial...
Elon Musk Says Holding Bitcoin Is Less Dumb Than Cash, Disputes Peter Schiff’s Claims About Money and BTC
21.2.2021
Tesla and Spacex CEO Elon Musk has clarified his position on bitcoin. Emphasizing that he is an engineer, not an investor, Musk says that bitcoin “is simply a less dumb form of liquidity than cash.” Musk also disputed gold bug Peter Schiff’s claims about bitcoin and commented...
Exchange tokens benefit as centralized exchanges battle with DeFi platforms
21.2.2021
Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi
Day Trader Dave Portnoy Disturbed by Bitcoin Price — Vows to Never Buy BTC Again
21.2.2021
Day trader Dave Portnoy has admitted that he is an idiot when it comes to bitcoin after the price of the cryptocurrency continually hit all-time highs. He panic-sold his bitcoins when its price was just around $11,000 and has now vowed to never buy the cryptocurrency again. Dave Portnoy Regrets...
Bill Gates Neutral on Bitcoin but Says Cryptocurrency Is an Innovation the World Can Do Without
20.2.2021
Microsoft founder Bill Gates is no longer a bitcoin bear. He has now taken a neutral stance on bitcoin as an investment. However, as an innovation, he says that cryptocurrency is one that the world would be better off without because it allows for certain criminal activities. Bill Gates Changes...
Troubled NZ Crypto Exchange Cryptopia Suffers Another Hack in the Midst of Liquidation Process
20.2.2021
Controversy still surrounds a liquidated New Zealand cryptocurrency exchange, which allegedly got hacked again. Adding to the $30 million stolen in 2019, Cryptopia reports that it was the target of a another theft incident on February 1, 2021. Hackers Accessed a Dormant Wallet Which Holds...
Study: Top-Tier Cryptocurrency Exchanges Increased Their Market Share by 13% Since October 2020
20.2.2021
A recent study unveiled that top-tier cryptocurrency exchanges increased their market share since October 2020, in the context of lower-risk exchanges. The bitcoin bull market fueled that both retail and professional traders utilized such risk, data shows. Stricter Regulations Boosted Transparency...
REN price rallies 60%, hitting a new high after recent DeFi integration
20.2.2021
REN price spiked to a new all-time high shortly after its recent integration with Binance Smart Chain
IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies
20.2.2021
The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities. In remarks made during a special virtual press briefing, Aisen repeats some of the CBN’s claims that...