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Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured
29.5.2021
The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sokoto, a city located in the northwest part of...
Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies
29.5.2021
The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several spokespeople linked to these companies state that, while there is a significant opportunity in the nascent...
Bitcoin can still drop to $20K but holding remains winning strategy, data shows
28.5.2021
A majority of Bitcoin investors that held the cryptocurrency during its turbulent periods stand profitable
You Still Don't Need A PlayStation 5
27.5.2021
It’s been six months since the PlayStation 5 came out, and yet the Seto Kaiba action figure that can also run high-end video games remains comically hard to come by. For a while, this irked me. I wanted to be part of the new console generation—the zeitgeist. So I obsessively watched a Twitch...
Chinese Traders Still a Major Influence the Crypto Market, According to Experts
27.5.2021
Chinese traders still exert a major influence in the cryptocurrency market, even with all the distinct issues they must now face to operate. This is the opinion of several experts in the field that have weighed in on how the recent prohibitions and ban proposals from China are really affecting...
CD Projekt Red Still Doesn’t Know When Cyberpunk 2077 Will Be Back On The PlayStation Store
26.5.2021
Cyberpunk 2077 has been through the ringer over the last six months, but despite all the hotfixes and attempts to rectify the biggest crashes and oversights, CD Projekt Red still doesn’t know when the game will be allowed on the PlayStation Store.Read more
Nobel Laureate Paul Krugman Quits Predicting Bitcoin’s Demise, Now Says BTC ‘Can Survive Indefinitely’
24.5.2021
Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests thinking of the cryptocurrency “as a cult that can survive indefinitely.” Nonetheless, Krugman still believes that bitcoin has no fundamentals. Paul...
BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021
23.5.2021
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines....
Rockstar Games Presents Table Tennis Released 15 Years Ago Today And I Still Want A Sequel
23.5.2021
A lot of people are currently waiting on Rockstar Games to announce the next Grand Theft Auto. And look, I’m excited about a new GTA game. But I also know it will happen one day. I’m far less certain we will ever get a sequel to Rockstar’s amazing table tennis game. 15 years later, I’m still...
Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation
22.5.2021
Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz...
Ark Invest CEO Reaffirms $500K BTC Price Prediction, Says Bitcoin Is in ‘Capitulation Phase’
21.5.2021
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees...
US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE
20.5.2021
America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar...
Elon Musk Invented Bitcoin, if You Ask Half of Australians Polled by Finder
20.5.2021
Australians have been learning more and more about cryptocurrencies but it turns out some myths and misconceptions are still widespread among the general public Down Under. As a most stunning example, over half of the participants in a new poll by Finder believe Elon Musk invented the first crypto...
Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High
20.5.2021
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total...
Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases
19.5.2021
Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across...
Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low
17.5.2021
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting bitcoin for purchases. Two days later, the creator of the notorious stock-to-flow cross-asset (S2FX) price model, Plan B, shared his model and said the S2FX...
Bitcoin still on track to $100K despite growing risks, says strategic investor Lyn Alden
15.5.2021
Strategic investor Lyn Alden's outlook on Bitcoin remains bullish despite growing risks
Square not revisiting its Bitcoin allocation, but still interested in the asset
14.5.2021
Square appears content with its Bitcoin holdings for now
Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged
14.5.2021
According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important...
Ethereum Hits New ATH, While EOS, YFI Skyrocket, Bitcoin Still Range Bound
12.5.2021
Bitcoin price formed a base above the USD 55,500 level and started a steady recovery. BTC traded above the USD 56,500 resistance and is currently (04:40 UTC) trading above USD 57,500. However, the price is still facing many hurdles ahead.
Meanwhile, most major altcoins are gaining bullish momentum....