Quick Look
Oaktree Capital Chairman Warms up to Crypto — Thankful His Son Owns Enough Bitcoin for the Family
Oaktree Capital co-founder Howard Marks is warming up to cryptocurrency. Once a crypto skeptic, he now says “thankfully” his son is “quite positive on bitcoin” and “owns a meaningful amount for our family.” Howard Marks Warming up...
Goldman Sachs Sees Bitcoin Market Becoming More Mature
Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed. Meanwhile,...
Bitcoin Price Spike Targets the $40K Handle, Crypto Economy Recaptures $1 Trillion Market Cap
Crypto asset markets have seen some significant gains over the last 24 hours recapturing much of the losses suffered a few days ago. The entire crypto-economy valuation is now back over the $1 trillion mark and bitcoin has jumped above the $40k handle on January 14....
Popular Youtuber Ali Spagnola ‘Accidentally Got Bitcoin Rich,’ Decides to ‘Pay It Forward’
On Wednesday, the popular musician and Youtuber, Alicia Dawn “Ali” Spagnola, made a new video and tweeted about how she got “accidentally bitcoin rich,” after taking a request for her project called Free Paintings. After getting a bitcoin in...
Survey: The Number of US Financial Advisors Allocating to Crypto in Client Portfolios Jumped 49% in 2020
A survey reveals that the number of U.S. financial advisors allocating to crypto in their clients’ portfolios surged significantly from 2019. The figures show that it rose 49% in 2020, from 6.3% to 9.4%. A Vast Majority of the Advisors Also Have Personal Crypto...
Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple
Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the...
Polkadot (DOT) surges 35% to a record high above $12.00
DOT/USD broke above a crucial horizontal resistance level at $10.5 before surging to $12.20 Polkadot (DOT) has surged to a record high of $12.20 and looks likely to extend its gains beyond $14.00 in coming sessions. DOT is up by more than 35% in the past 24 hours and...
Bitcoin climbs above $38,000 amid increased stablecoin inflows
Bitcoin (BTC) price rose to $38,789 on Bitstamp where resistance has slowed down the bulls Bitcoin has once again surged to prices above $38,000 and is looking to print consecutive green candles on the daily log for the first time since it plummeted from $42,000. The...
ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work...
Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and...
US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman
The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from...
Bityard Launched Copy Trading System to Benefit Both Copiers and Traders
PRESS RELEASE. Bityard recently launched the copy trading system for CFD (contract for difference) trading, allowing users to copy trading activities from advanced traders, which greatly reduces the difficulty of crypto investment for beginners. Via Bityard copy...
Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate
There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token...
Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High
The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an...
Indian Doctors Warn of Illegal Covid-19 Vaccine Sales for Bitcoin: Citizens Urged to Wait for Government Approved Vaccine
Indian doctors have warned that the sale of unauthorized Covid-19 vaccines on the black market, where vendors ask for bitcoin as payment, is illegal. According to the doctors, the unsanctioned marketing of the vaccine to the elite is prevalent in the state of...
T-Systems and Validation Capital Partner With Flow Blockchain
PRESS RELEASE. January 13, 2021 – T-Systems MMS, a subsidiary of the largest telecommunications provider in Europe, Deutsche Telekom, announces today a partnership with Flow blockchain developed by Dapper Labs, the company behind CryptoKitties and NBA Top Shot....
Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – “Tether Backed by Cash Assets and a Loan”
Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists the stablecoin is fully backed by assets that include cash, cash equivalents as well as bitcoin. However, both...
Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines
A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9...
SV-Based Taraxa Revolutionizes Legacy Data Auditing With Mathematically Provable Audit Trails
PRESS RELEASE. Santa-Clara, CA – Taraxa’s newly released testnet was just put to use for a process auditing platform that minimizes operational friction in multi-party business processes. The Silicon Valley-based blockchain startup is building auditing...
Bitcoiner Loses Password to 7,002 Bitcoins Worth $240 Million
A bitcoiner has shared his story of how he lost access to his 7,002 bitcoins, worth about $240 million at the current price. He has lost the piece of paper on which he wrote his password and now has two guesses left before his device seizes up and encrypts its...
Mastermind of $147 Million Crypto ‘Scam of Epic Proportions’ Sentenced to 10 Years in US Prison
The mastermind of what the U.S. Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison. His crypto scheme collected over $147 million, duping 72,000 investors. He is also ordered to pay the U.S. Internal Revenue...
Altcoins poised to rally as next impulse wave targets $550 Billion
Analysts predict a major upside swing for major altcoins as BTC dominance decreases Altcoins could be marching towards a bull run as Bitcoin (BTC) looks to stabilise above $30,000. The bullish outlook for altcoins is likely given most of the top 20 alts remain...
Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested
The authorities in seven countries and Europol have jointly taken down Darkmarket, one of the largest darknet marketplaces. The action was taken after the marketplace’s alleged operator was arrested in Germany. Authorities Shut Down Darkmarket Europol announced...
IOST in the First Batch of Blockchains to Support HUSD Stablecoin
PRESS RELEASE. IOST, an enterprise-grade, decentralized, and ultra-fast network oiled with the Proof-of Believability consensus algorithm, is integrating the HUSD stablecoin, according to an announcement on 13 Jan 2021. HUSD is a safe and secure dollar-pegged...
Bearish chart pattern suggests Bitcoin could dump to $20k
If the right shoulder in the H&S pattern fails to complete, the continuation of an ascending triangle could suggest a bullish reversal Bitcoin (BTC) could see a major pullback in the coming weeks if a bearish pattern formed recently validates the negative outlook....
Capital.com Review 2021
With the incredible rally of the crypto market in 2020, more and more people are looking to get into cryptocurrencies for the first time, and Capital.com wants to offer international traders a way to seize these opportunities. Their award-winning trading platform...
Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India
A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to...
New Zealand Watchdog Issues Warning on Crypto Investments Following Bitcoin’s Latest Price Drop
New Zealand’s financial regulator issued a warning alert to local cryptocurrency investors and traders amid the recent bitcoin’s price action. The Financial Markets Authority (FMA) asks people to remain cautious because cryptos are “high risk and...
xSigma DeFi Offers Lucrative Rewards for Liquidity Providers, Whitepaper Released
xSigma is an upcoming stablecoin DEX protocol developed by the first DeFi project backed by a NASDAQ-listed company. In order to attract liquidity providers to supply their stablecoins to the decentralized exchange, the protocol will feature a lucrative rewards system...
Crypto Industry’s Favorite Messaging App Telegram Surpasses 500 Million Active Users
Telegram, a popular messaging app within the cryptocurrency space, surpassed 500 million monthly active users during the first week of January, according to Telegram chief executive officer Pavel Durov. In the last 72 hours, said Durov, the app has seen a massive...
Mark Cuban: Crypto ‘Exactly’ Like Dot-Com Bubble — Expects Bitcoin to Survive Bubble Burst, Thrive Like Amazon
Billionaire Shark Tank investor Mark Cuban sees cryptocurrency “exactly” like the dot-com bubble. He says bitcoin and a few other cryptocurrencies are analogous to those dot-com stocks, like Amazon and Ebay, that survived the bubble burst and thrived. Mark...
Kim Dotcom Discusses the Swelling Crypto Economy and His Plans to ‘Accelerate P2P Electronic Cash’
This week, news.Bitcoin.com chatted with Kim Dotcom, the founder of the now-defunct file hosting service Megaupload and the creator of the content monetization application called K.im. The Internet entrepreneur Dotcom is a big believer when it comes to the crypto...
State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a...
Crypto Prices Show Signs of Recovery, Market Analyst Says ‘Bitcoin Remains in a Healthy Place’
Bitcoin and a number of other cryptocurrencies have regained some of the percentage losses they suffered this past Monday, as various crypto assets are up today between 5-25% in value. On Monday, the crypto economy dipped under the $800 billion handle after the entire...
A Different Look at Stablecoins: Elastic Supply Tokens
Decentralized finance has brought new types of blockchain-based financial products into the cryptocurrency space. One such innovation in creating new asset classes is so-called “Elastic Supply Tokens” (EST), which will be discussed in today’s article. Elastic Coin...
Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings
As bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties. Traders have been complaining about issues with exchanges like Coinbase, Kraken, and other trading platforms during the volatile price swings. Bitcoin...
Fat-BTC Review 2021: What is the Fat-BTC exchange?
FatBTC is a cryptocurrency exchange that was founded in 2014 in the Seychelles. The exchange offers a large range of cryptocurrency offerings. The platform features its own native token FAT, which can be used on the exchange for reduced fees and network costs — ...
Stacks 2.0 Advances Bitcoin Into the Age of DeFi and Creates a New Way to Earn BTC
Stacks 2.0 is set to revolutionize the internet itself by empowering a decentralized and user-owned ecosystem built on top of the most secure blockchain in the world. This will be achieved by bringing apps and smart contracts anchored to bitcoin. The innovation will...
NEM price analysis: XEM ready for liftoff ahead of Symbol (XYM) snapshot
XEM/USD is struggling to break above $0.21 but could pump to $0.50 around the launch of Symbol (XYM) NEM (XEM) is trading lower on the day, down by about 2.9% as altcoins mirror Bitcoin’s struggles since dipping from highs above $40,000. However, while the...
Whales are manipulating the market as Bitcoin (BTC) dips
The leading cryptocurrency posted a massive slump over the weekend after enjoying an impressive rally Bitcoin touched an all-time high north of $41,000 before sharply retracting to around $35,000 today. The correction raised several questions among retail crypto...
XRP could recoil again despite bouncing to the $0.33 range
XRP/USD looks vulnerable as bears target break below a crucial 200-SMA support level Ripple (XRP) bounced to highs of $0.33 on Monday but looks likely to struggle above the $0.30 range once again. This bearish short term outlook follows yesterday’s big-time...
UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach
Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the...
Bitcoin.com Exchange Announces Public Sale of the IDEA Token on January 26, 2021
PRESS RELEASE. January 12, 2021 – Bitcoin.com Exchange, one of the leading authorities in cryptocurrency exchanges announces the details of the upcoming public sale of the Ideaology Token (IDEA). Ideaology consists of a freelance platform which will accommodate...
JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US
JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new...
Central Washington Raises Concerns Over Possible Bitcoin Mining Boom
A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices. Bitcoin...
Investment Manager Guggenheim Has Some Advice as BTC Sheds Billions — ‘Bitcoin’s Parabolic Rise Unsustainable’
Guggenheim Investments’ global chief investment officer has some advice on what investors should do as the price of bitcoin plummets. His company, with $230 billion in assets under management, has been trying to buy bitcoin for months. Guggenheim’s...
Crypto Markets Suffer Heavy Losses, Bitcoin Price Sinks More Than 25% in 24 Hours
Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823 billion losing roughly 9.9% in value. Since the bitcoin price height on Sunday, January 10, bitcoin’s price...
Emerging DeFi Platform YFDAI Finance Launches SafeSwap and Launchpad, More Products to Follow
PRESS RELEASE. YFDAI Finance, a prominent decentralized finance (DeFi) project has recently announced the launch of two prominent products as it works towards strengthening its position in the sector. These products include SafeSwap – a DEX (decentralized...
Two New York City Bars up for Sale for a Total 25 Bitcoins
Two New York City bars are up for sale for a combined 25 bitcoins or 800 ether – over $800k at current prices. Bar owner Patrick Hughes has seen the worst of the Covid-19 pandemic lockdown on his operations and decided to sell the two watering holes for crypto....
EOS dives 30% as Block.one CTO Dan Larimer resigns
EOS price plunged to lows of $2.42 even as the rest of the market struggled with widespread sell-offs EOS has nosedived to lows of $2.42, losing nearly 30% of its value since Block.one CTO Dan Larimer announced that he was resigning. Mr. Larimer is a prominent crypto...
Reddit User Finds 127 Old Bitcoins at Grandpa’s House – Pockets Over $4 Million After Selling
A Reddit user says he (or she) recently regained access to the keys of 127 bitcoins eight years after last accessing the coins. Immediately after regaining access, the user sold all the bitcoins and pocketed over $4 million in the process. According to the user, they...
Ethereum plunges to $1,000 following weekend sell-off
ETH/USD rose to highs of $1,352 before sell-off pressure pushed it to a major support level at $1,000 Ethereum (ETH) corrected to the $1,000 support level, losing the upside momentum that had brought bulls so close to a new all-time high. Before correcting, ETH/USD...
The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto Scheme
The Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion, the U.S. agency wants the...
Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin
According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin...
Mad Money’s Jim Cramer Advises How to Invest in Bitcoin, When to Sell
Mad Money host Jim Cramer has some advice on how to invest in bitcoin and when is a good time to sell. He said, “I’m a bitcoin believer,” outlining the reasons why he is sold on the cryptocurrency and why people are buying bitcoin instead of gold....
Bank of America Predicts ‘Mother of All Bubbles’ for Bitcoin
Bank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the “increasingly speculative” investing behavior of bitcoin....
While Bitcoin’s Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine
The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a...
Sleeping Bitcoins Worth $40 Million Move- Mystery Miner Spends Another 1,000 BTC From 2010 Block Rewards
On January 10, another strange string of 20 bitcoin block rewards from 2010 was spent after sitting idle for over ten years. The spending of 1,000 decade-old bitcoins worth over $39 million today, follows the recent string of 1,000 units transferred on the 12th...
CoinSpot Is Ideal Starting Point for Australian Investors to add Crypto to Portfolios in 2021
PRESS RELEASE. As the most trusted platform to buy, sell and exchange Bitcoin, Ethereum, and more than 230 other cryptocurrency tokens for Australian investors, CoinSpot encourages people who have not yet explored the investment opportunities surrounding crypto to...
MTI Bitcoins Sent to Privacy Mixers as New Data Breach Exposes the Ponzi Scheme’s Top Earners
In another twist to the Mirror Trading International (MTI) bitcoin Ponzi scam, the blockchain intelligence firm Whitestream says bitcoins from wallets associated with the company are being sent to Wasabi privacy mixers. According to Whitestream’s update, this...
China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a...
ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark
After the ether token surged past the $1,000 mark on January 3, the average transaction fee on the network similarly soared to a new all-time high (ATH) of $17.41, some 24 hours later. Although the average fee has since retreated, data on January 8 shows that the...
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to...
This Bitcoin Ransomware Rakes in $150 Million in BTC
A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150 million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands...
Economist Discusses What Would Happen if the Masses Ditch Fiat Currencies for Bitcoin
American economist Brian Wesbury has shared his thoughts on what would happen if the masses were to ditch fiat currencies and adopt bitcoin instead. He discussed whether the government would allow it to happen and how bitcoin can become a true currency. Economist...
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want...
Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense...
Big Tech’s Freedom of Speech Purge Pushes People to Censorship-Resistant Blockchain Social Media
During the last few days, the world has watched the Big Tech and social media crackdown after the incident that took place at Capitol Hill a few days ago. During the last 48 hours, U.S. President Donald Trump, a great number of right-wing supporters, and literally...
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse...
Crypto User Loses Over $100K in Bitcoin While Transferring His Wallet
A bitcoin user has shared his story of how he lost more than $100,000 in BTC during a wallet transfer. The bitcoiner attempted to transfer a wallet to a new computer without making sure that he had access to the encryption passwords tied to his private key storage....
Spanish Police Detain Four People Allegedly Involved in a $15M Crypto Ponzi Scheme
The Spanish police detained four people of different nationalities this week for allegedly running a $15 million crypto Ponzi scheme. According to the police, “many victims” filed a complaint against them. Victims Believed Their Bitcoins Went to a Legit...
New Bitcoin Quest Contest Gives People a Chance to Locate Crypto Seeds Hidden in Pictures
There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s...
Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services
A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer digital asset custody services. Bank Expects to Offer Tech Capabilities to Face...
Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’
Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin...
Bitcoin Now Larger Than Facebook’s Market Cap — ‘Money Network More Valuable Than Social Network’
The surge in bitcoin’s price on Friday has propelled the cryptocurrency past Facebook’s market cap. Next, bitcoin stands to flip Tesla, Google, Amazon, Microsoft, and then Apple. Bitcoin Surpasses Facebook in Market Cap Bitcoin’s frequent rise past...
Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’
Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th most valuable asset worldwide with an...
Could NFTs Become 2021’s Biggest Crypto Trend?
Even at this point in Bitcoin’s evolution, it’s still relatively rare for cryptocurrencies to hit mainstream news headlines unless volatility reaches dramatic extremes. It’s even more extraordinary for blockchain apps to get picked up by the global...
Yearn.finance sees $39,000 as trading volume spikes 168%
Yearn.finance (YFI) price could jump to $43,000 if prices remain above the neckline of a key price pattern Yearn.finance (YFI) has had a strong few days after struggling for an upside during the fourth quarter of 2020. But after breaking above $24,500 on 3 January,...
Eligma Raises Additional €4 Million Equity Investment at €50 Million Valuation
PRESS RELEASE. Crypto payments startup Eligma has announced it recently completed a new funding round of €4 million at a €50 million valuation. The latest investment was funded by Roger Ver through Bitcoin.com, and was mainly initiated due to Eligma’s...
Bitcoin surpasses $40k briefly, continuing epic bull run
The world’s leading cryptocurrency touched the price level of $40,000, breaching the level for the first time On one of the darkest days in US history, Bitcoin (BTC) has managed to maintain its incredible price rally. The cryptocurrency’s price shot up even as...
Bitcoin price indicator suggests macro top imminent as BTC hits $40K
Every time the Bitcoin Mayer Multiple crossed 2.4, it extended before hitting a macro top and then dropping afterwards to 1.5 Bitcoin (BTC) broke above $40,000 and tested resistance near $40,500 before selling pressure pushed it to lows of $36,618. Prices have since...
South Korean Government to Start Taxing Crypto Trading Profits in 2022
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details...
As BTC Continues to Soar Finland Wants to Cash in on Bitcoins Seized in 2016
Finland’s customs officials have revealed plans to sell 1,981 bitcoins that were seized mainly in connection with drug trafficking-related criminal investigations. The majority of the confiscated bitcoins (1,666) are from the Douppikauppa case, the darknet...
The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow
From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent...
New Online System at Mt. Gox May Be Used to Facilitate Bitcoin Refunds to Creditors, Says Trustee
Mt. Gox’s trustee, Nobuaki Kobayashi, has asked creditors of the defunct crypto exchange to register on a new online system so that they might receive their refunds and be able to vote on the civil rehabilitation plan. ● In a statement released Jan. 7,...
South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million
Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the...
A Conversation with One of Bitcoin Cash’s Most Prolific Developers
Calin Culianu is the #1 contributor to the Electron Cash project. Also, he contributes to BCHN, and has created the Fulcrum server. Definitely a Bitcoin Cash hero in my book. I picked his brain a bit about all things Bitcoin Cash, and got some juicy answers. Calin...
Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some...
Hackers Are Using Three Fake Crypto-Related Apps to Drain Wallets
While bitcoin (BTC) prices are increasing, crypto-related scams appear on the scene to take advantage of the situation. In this case, a security firm spotted three malicious crypto apps targeting users to steal their funds. Three Bogus Crypto Trading and Poker Apps...
BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’
The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide. With well over $28 billion in global trade volume, the leading crypto asset’s overall market valuation is now a whopping $728 billion in...