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Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’
28.5.2021
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and said...
BOJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’
28.5.2021
Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility...
Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation
28.5.2021
The Nigerian naira currency lost further ground against major currencies after it depreciated to 493 nairas for one dollar on the black market on May 25, 2021. Before the latest depreciation, the currency had stabilized at around 485 nairas to the dollar. This was shortly after the exchange rate...
Mixed Views on ADA Price After Crypto Crash
27.5.2021
Get to know the power of a tweet and the man behind the tweet. Elon Musk’s tweet that Tesla would no longer be accepting bitcoin (BTC) for car payments, reversing an earlier decision which sent BTC price soaring, sent the crypto markets in a tizzy including the likes of Bitcoin, Ethereum, Dogecoin...
Ethereum Stages Recovery After Drastic Freefall
27.5.2021
During the week ended May 6, Ethereum rallied 34.5%. Trading at $2,976 with a 1.8% profit in the daily chart, the cryptocurrency was poised to break the $3,000 mark. At these levels, there are major walls of resistance and expert trader by the pseudonym Edward Morra said the following week would...
Number of Bitcoin wallets holding 100-1K BTC soars after Tesla's $1.5B buy-in
27.5.2021
New data shows a dramatic rise in the number of Bitcoin wallets holding anywhere between 100 BTC to 1,000 BTC, but there may be a catch
Tensions High At IGN After Management Claims Palestine Post Takedown Was Not Corporate Interference
27.5.2021
The weekend before last, IGN published and then pulled a post with links to charities in support of Palestinian victims who’d been devastated by Israeli violence. This spurred over 80 IGN staffers to sign and publish an open letter decrying corporate management’s subversion of their editorial...
Analyst Expects Bitcoin to ‘Grind Down’ to $15K, With a ‘Periodic Dead Cat Bounce’ Along the Way
26.5.2021
An analyst from the biotech consulting group Biotechvalley Insights believes after bitcoin lost 53% from the crypto asset’s all-time high, “the party is clearly over.” The biotech consulting group analyst thinks crypto investors will witness a slow “grind down the slope...
Coinbase Goes After Institutional Customers Amid Investment Surge
26.5.2021
US-based crypto exchange giant Coinbase is expanding its offer for institutional investors with a prime brokerage service, Coinbase Prime, building on its earlier success in attracting more than 8,000 customers in this market as of last March, the company said.
“Today we are doubling down on...
Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
26.5.2021
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. While acknowledging his country’s position as one of the leading crypto...
Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs
25.5.2021
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses...
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...
Macross Designer Hospitalized After Tragic House Fire
25.5.2021
Earlier today, there were Japanese news reports of a single-story wooden house catching fire in Yokosuka, Kanagawa Prefecture. According to anime maker Studio Nue, the house’s inhabitants were Kazutaka Miyatake and his wife Tomoko.Read more
Bank of Korea Seeking Technology to Develop Digital Currency
25.5.2021
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic...
Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses
24.5.2021
Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week's "historic deleveraging event."
Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China
24.5.2021
Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations...
Bitcoin, Ether Bounce After Disastrous Week for Crypto Market
24.5.2021
The battered crypto market is showing signs of life amid bargain hunting by wealthy investors
Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot
24.5.2021
Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for...
LittleBigPlanet Servers Closed After Hackers Post Hateful Messages
24.5.2021
For a while now, PS3 platformer LittleBigPlanet has been under attack, its servers repeatedly the target for people with nothing better to do than annoy whatever fanbase is left for a game that was first released in 2008.Read more
BTC Supporters Call Price Drop a Mid-Bull Run Break, 2021 Bitcoin Chart Pattern Similar to 2013 Bull Run
24.5.2021
After the price of bitcoin touched a high of $64,895 per unit, speculators and skeptics think it might have been the top of the bull run and a 2018-like bear run is next. On Sunday, May 23, bitcoin prices have dropped to a low of $31,107 and bears have managed to take the reigns for […]