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South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
19.5.2021
A South Africa-based tax expert, David Lesperance, says with the country’s revenue collector now closing in on cryptocurrencies, holders must now take the initiative and approach South Africa Revenue Services (SARS) before it descends on them. Lesperance argues that by making the first move...
Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations
19.5.2021
A number of asset managers have cautioned about investing in cryptocurrencies, including UBS Wealth Management, Pimco, T. Rowe Price, and Glenmede Investment Management. “We expect more stringent policy and regulatory controls ahead for crypto as it becomes more mainstream,” said UBS....
Celo rallies 50% as excitement builds for the upcoming 'Donut' hardfork
19.5.2021
CELO price gained 50% ahead of the network’s May 19 'Donut’ hardfork which will help increase interoperability and lower gas fees
There are now 6,710 Cardano millionaires following latest ADA surge
18.5.2021
The number of Cardano millionaires has gone up 1,2341.34% this year, according to Coin Metrics data
Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
18.5.2021
Altcoins took the reins and galloped higher while bulls appear to be losing the battle to hold Bitcoin price above $43,000
‘Long Bitcoin’ chosen as most crowded trade in latest BofA survey
18.5.2021
Bank of America noted that trades identified as "crowded" have historically been associated with incoming market tops
MicroStrategy buys the dip, acquires $10M in Bitcoin
18.5.2021
CEO Michael Saylor has used the latest price correction as an opportunity to load up on more BTC
Swiss Sygnum bank to offer custody for Internet Computer token
18.5.2021
Major Swiss crypto bank Sygnum is planning to launch options trading for the ICP token at a later date
Mecum Auctions Now Accepts Digital Currency Payments for Collector Cars
18.5.2021
The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The company says that the new payment acceptance allows the auction firm to “attract new customers and sales.” Collector Car Auctions Giant Plans to Start...
Breakneck speed of crypto adoption could result in whiplash, warns wallet exec
18.5.2021
Crypto adoption is booming in 2021, but how long can the celebrity-fuelled hype train last?
Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn
18.5.2021
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage...
Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies
18.5.2021
The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into such business decisions. The National Securities Market Commission (CNMV) unveiled guidelines that...
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
17.5.2021
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000
Myspace Tom Anderson is ‘Buying The Dip,’ Posts Laser Eyes Meme on Twitter
17.5.2021
Myspace founder Tom Anderson has joined the heated chatter surrounding the recent crypto market drop. The now-retired entrepreneur expressed his feelings about the situation, posting a laser eyes photo of himself accompanied with a short caption, “Buying The Dip.” Myspace Tom Tweets...
'Cash, candy or Bitcoin': Paying minors in 2021
17.5.2021
"We want our kids to be able to think independently about money," said Eddie Yoon
Global Payments and GoCrypto Shape the New Era of Payments
17.5.2021
PRESS RELEASE. 17 May 2021 – The adoption of crypto payments by one of the world’s biggest payment solution providers can mean only one thing. Cryptocurrency payments are now on the verge of going mainstream. GoCrypto, a payment solution that enables merchants to accept...
Iranian crypto miners using household energy to face large fines
17.5.2021
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
17.5.2021
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners...
Banking system consumes two times more energy than Bitcoin: research
17.5.2021
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year
Investors Confuse Ethan Allen With Ethereum: Shares up 50% Over Average Price
17.5.2021
Ethan Allen, a U.S.-based furniture company, has been getting strange traction in markets this year, due to an interesting coincidence. The company’s stock ticker is the same as ethereum’s ticker, something it shares with one of the hottest cryptocurrencies right now. This has caused...