America’s largest retirement savings plans 401(k) provider, Fidelity Investments is set to permit the allocation of some of its client’s funds into Bitcoin (BTC), a move it said was based on pop...
Tag: news
Coinbase NFT Partner Ox Labs Pulls $70m in Series B Funding Round
0x Labs, the blockchain startup that is in partnership with Nasdaq-listed Coinbase Exchange, has raised $70 million in a Series B funding round with Greylocks Partners at an undisclosed valuation. Th...
Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion – Taxes Bitcoin News
The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it...
Fireblocks Adds Support for Terra-Based DeFi Services as Institutional Demand Soars
Institutional investors can now access all of the Decentralized Finance (DeFi) applications on the Terra blockchain protocol on Fireblocks, as announced by the firm on Tuesday. According to Fireblocks...
National Assembly of Panama Advances Discussion of Cryptocurrency Law Project – Bitcoin News
The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate cryptocurrency activity to give more clarity to the sector in the country. The proposal, which was appr...
Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home
Proof-of-Work (PoW) mining is long tagged as a venture that is only profitable for institutional miners. The belief is that unless a miner has hundreds of mining machines in a specified location with ...
Bitcoin Price Changing Gears ! Fake Rally Or Actual Bounce? What’s Next? – Coinpedia – Fintech & Cryptocurreny News Media
The majority of cryptocurrencies continued their losses on Tuesday, following stock market drops. Over the last two weeks, Bitcoin (BTC) has been in a decline as traders wait for a definitive move ove...
FTX Taps Eventus for Global Crypto Trade Surveillance and Risk Monitoring
Eventus Systems, Inc, a Texas-based global provider of multi-asset class trade surveillance and market risk solutions, announced Tuesday that FTX.com has selected the company to offer trade surveillan...
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022 – Mining Bitcoin News
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25,...
Carvana Has a Difficult Uphill Climb After a Series of ‘Engine’ Problems
Last week, Carvana (CVNA) , the online used-car selling platform, released a terrible quarter. In a research note on Monday, J.P. Morgan called it “a confidence shattering quarter” and red...
NFT Volume Surged In the Midst Of Bearish Cr̥ypto Market! What Next For NFT Tokens – Coinpedia – Fintech & Cryptocurreny News Media
The current situation of the Cryptocurrency market is where the vast cryptocurrencies have been blown away with volatility as bulls and bears are playing around. However, despite the crypto market ha...
Crypto Firm Change Receives License from Dutch Central Bank
Change, an uprising cryptocurrency exchange based in the Netherlands, announced on Tuesday that it has obtained approval from the De Nederlandsche Bank, the Dutch Central Bank, to acquire a local inve...
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market – Regulation Bitcoin News
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to inve...
Here’s the Best Advice I Can Give for This Miserable Market
After a very brief respite on Monday, steady selling kicked in again on Tuesday. There was no interest in dip-buying, and the action became worse as the day progressed. At the closing bell, breadth wa...
Ripple Vs SEC Lawsuit – Ahead of a Bout On Friday, Issue Heats up – Coinpedia – Fintech & Cryptocurreny News Media
The struggle for SEC emails has continued in recent updates to the Ripple-SEC litigation, with another filing due this Friday. The SEC’s move to extend and redact the speech records’ assertion of atto...
Quik․com’s Limited NFT Domains Minting is Now Live – Sponsored Bitcoin News
sponsored Buzzwords like NFTs, Web 3.0, and blockchain domains have infatuated everyone in the tech and crypto of late. The term Web 3.0 is now a part of everyday conversation. However, you won’t seem...
Ethereum to Plunge Hard! ETH Price Might Drop To This Level – Coinpedia – Fintech & Cryptocurreny News Media
Ethereum price had tested $2,800 level in the recent days before managing to bounce back towards $2,950. The Ethereum bulls were quick enough to push the price back at $3,000 level. Hence the surge in...
South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent – Bitcoin News
A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform...
Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City – Mining Bitcoin News
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort W...
Dogecoin soars after news of Musk’s Twitter purchase
Dogecoin (DOGE) jumps 30% after news of Elon Musk’s acquisition of Twitter. Dogecoin’s reaction to the news of Twitter’s acquisition by Elon Musk Dogecoin (DOGE) records a 30% rise following the news ...
Zetrix-based NFTs Minting Launches on the NFT Pangolin
Minting of Zetrix-based NFT goes trading on the global marketplace NFT Pangolin. NFT Pangolin is a global marketplace for regional creators mainly in Asia to issue and sell their unique crypto secured...
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital – Mining Bitcoin News
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims...
DOT, NEAR, VET, & GMT Price To Face A Bullish Run In The Near Future! – Coinpedia – Fintech & Cryptocurreny News Media
Last week Bitcoin declined and bottomed at $38,000 level. However the flagship currency was quick enough to claim the $40,000 mark this week. This price action impacted altcoins as the altcoins market...
Transactions Worth over $100K Escalate on the Dogecoin Network after Elon Musk’s Acquisition of Twitter
Dogecoin (DOGE) has been in a frenzy in the past 24 hours following the acquisition of Twitter by Elon Musk, the CEO of Tesla Inc. DOGE transactions exceeding $100,000 hit a four-month high at 2,400. ...
Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses – Market Updates Bitcoin News
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while D...
Is Bitcoin Getting Ready for a Bullish Continuation?
After nosediving below the psychological price of $40K over the weekend, Bitcoin is back to winning ways. The leading cryptocurrency was up by 5.66% in the last 24 hours to hit $40,611 during intraday...
Binance Launches Refugee Crypto Card for Displaced Ukrainians
Binance said that it has launched the Binance Refugee Crypto Card (BRCC) for Binance users from Ukraine who were forced to move to the European Economic Area (EEA) countries due to the ongoing war wit...
Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans – Bitcoin News
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it...
2 Europeans Charged in Connection to Virgil Griffith’s North Korea Case
The U.S. Department of Justice announced on Monday the indictment of two Europeans for allegedly collaborating with Virgil Griffith, a cryptocurrency researcher who was recently sentenced to prison fo...