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A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
29.1.2021
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people...
Cashing Out Bitcoin Using ATMs: Popular Youtuber Successfully Turns $16K in BTC Into Cash
26.1.2021
On January 23, 2021, the popular Youtuber Mambafx published a video of himself withdrawing $16,000 in cash from bitcoin ATMs. The video shows how it took multiple bitcoin ATMs to complete the process but by the end of the 17-minute film, Mambafx withdrew over $16k by selling bitcoin to...
Travel App Maps.Me Fetches $50M in a Funding Event
18.1.2021
Leading offline map service provide mobile application for travelers, Maps.Me has announced that the cluster has pooled a whopping sum of $50 Million in a recently conducted funding event led by the Alameda Research team. The funding round witnessed active participation from renowned business firms...
Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
17.1.2021
Russia is now holding more gold than U.S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U.S....
French Programmer Sent Bitcoin Donations to Far-Right Activists Who Participated in the US Capitol Riots
16.1.2021
A crypto forensic analysis reveals that a French donor sent over $500,000 worth of bitcoin (BTC) to far-right activists in the United States. The half-million dollars went to the groups that took part in the pro-Trump riots in the U.S. Capitol. Alt-Right Personalities and Websites Are Included...
Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple
14.1.2021
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 U.S. Securities and Exchange...
Jedox Marches Into New Verticals by Raising Over $100M
13.1.2021
Jedox, a German company specializing in building tools in the financial planning and analysis arena, made headlines by raising over $100 million. Capitalizing on the opportunity arising from businesses practically depending on the tools to carry out the financial projections, the company...
This Bitcoin Ransomware Rakes in $150 Million in BTC
10.1.2021
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 range.” Ransomware Makes $150...
Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
7.1.2021
Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including...
The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases
5.1.2021
The U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund (IMF) data shows, the dollar’s share of reserves dropped from 66% in Q3 of 2014 to just above...
UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto
4.1.2021
On Monday, a British judge rejected the U.S. request to extradite the Australian editor, publisher, and activist Julian Assange. Following the U.K. judge’s decision, the current president of Mexico, Andres Manuel Lopez Obrador, has offered Assange political asylum in the country. Meanwhile...
Crypto Dollars and CBDCs: The Battle to Come
31.12.2020
The future of money will be a tussle between algorythmic and fiat-pegged stablecoins and central bank digital currency experiments
Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020
30.12.2020
The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets...
Bitcoin All-Time Price High Surpasses $28K, BTC’s Half Trillion Market Cap Now Bigger Than Visa
27.12.2020
Bitcoin markets have been seeing a lot of action this weekend, as the price of the crypto asset touched another all-time high (ATH) at $28,378 per coin. Toward the end of 2020, the cryptocurrency’s market capitalization has crossed a whopping half of a trillion U.S. dollars in value....
Bitcoin price blasts past $27K — BTC market cap now over half a trillion dollars
27.12.2020
Bitcoin price is showing no signs of slowing down during weekend trading with $30,000 in sight
Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit Scam
26.12.2020
Cryptocurrency trading platform Livecoin claims that it has been hacked after the crypto community noticed the price of bitcoin shoot up to half a million dollars. Meanwhile, users are complaining that they cannot withdraw their funds, suspecting the exchange of pulling an exit scam. $500K...
Ethereum Price Regains Traction to Trade Above $600
23.12.2020
Ethereum trades above $600 and is outperforming the largest cryptocurrency, Bitcoin, in terms of maintaining its stance above $600 for over eight days now, with an intermittent pullback below $590 yesterday. Alongside, it was just yesterday when Bitcoin also corrected downwards to trade below $23k...
Zcash Price Pulls Back from Weekly Highs Below $70 to Trade at $65
22.12.2020
Zcash is seen booking loss with intraday downward corrections and is currently trading around the major support area at $65. With four consecutive bearish candlewicks on the hourly chart, ZEC price nosedived from $77 to 65 in just one day; wherein many alts have lost a specific amount from...
Bitcoin Price Falls to $22.8K After Registering ATH High Near $24k
22.12.2020
After crossing the previous ATH of $20k last week, Bitcoin has marked a tremendous price surge and recently recorded a new ATH around $24200. However, the recent pullback takes the BTC price around $22k. Still, the market sentiments remain bullish for the largest cryptocurrency. This is...
Bitcoin SV Price Lacks Momentum; Trades Below $200
21.12.2020
At the press time, BSV price was seen trading at $172.44 and is trading amongst the top 15 cryptos of the market. Although the market lacks momentum and Bitcoin SV is seen trading with a flattish momentum below $200 but is trading amongst the lucrative cryptos of the market. With stabilizing prices...