By Liam Frost Crypto exchange Gemini has partnered with payments giant Mastercard as the exclusive card network for the platform’s upcoming “first-of-a-kind” cryptocurrency rewards credit card, according to an announcement published today. “Today we’re announcing our partnership with Gemini to deliver a first-of-a-kind cryptocurrency rewards credit card. The Gemini CreditContinue Reading
By Shaurya Malwa ( XRP, the world’s fourth-largest cryptocurrency by market cap, surged by 22% today on the back of positive sentiment relating to an ongoing case with the US Securities and Exchange Commission (SEC), data from multiple sources showed. It trades at $1.42 at press time and has aContinue Reading
By Bitcoin.com PR Part-collateralized, part-algorithmically stabilized stablecoin, FRAX is the world’s first fractional-algorithmic stablecoin. The Frax protocol is ideologically pure, extremely stable, and highly scalable on-chain money that consists of a two-token system. The stablecoin Frax (FRAX), and the governance token Frax Shares (FXS). As Cryptocurrencies Rise so Too StablecoinsContinue Reading
By Jamie Redman Digital currency markets have been regaining some of the losses felt last week as the entire crypto-economy has jumped back over the $2 trillion valuation mark. Bitcoin has risen above the $55k zone, while other digital assets have seen more precipitous gains. Out of the top tenContinue Reading
By Liam Frost The chairman of South Korea’s Financial Services Commission (FSC), Eun Sung-soo, has ordered the regulator’s employees involved in digital assets-related policymaking to disclose their crypto holdings by May 7, local outlet The Korea Times reported today. With this move, the FSC reportedly aims to detect potential employeeContinue Reading
By Felipe Erazo A new survey revealed the different stances of Russians toward cryptocurrencies and fiat currency. Specifically, some of the respondents believe digital assets will replace fiat in ten years. Residents in Moscow Believe Cryptos Will Replace Fiat, While Others Are Skeptical According to Nord News, the research wasContinue Reading
By Shaurya Malwa American electric vehicle and clean energy company Tesla has sold nearly $275 million worth of Bitcoin months after a landmark $1.5 billion investment, it revealed in a filing yesterday. The sale meant Tesla cut its position by 10%, adding over $101 million to its revenues in total.Continue Reading
By Terence Zimwara A South African High Court recently served Mirror Trading International (MTI)’s Johann and Nerina Steynberg with a provisional sequestration order. The court’s decision follows a successful court application by the five joint provisional liquidators of the now-defunct online bitcoin scam. Sequestration Not Final According to a report,Continue Reading
By Jamie Redman The European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stressesContinue Reading
By News Desk In honor of the upcoming Bitcoin Pizza Day on May 22nd, and inspired by Tesla CEO Elon Musk’s recent crypto investment, YouHodler is giving away one brand new Tesla Model Y to one lucky client for just $1,000. Do you want to buy a Tesla with Crypto?Continue Reading
By Kevin Helms The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. Using Cryptocurrencies to Pay for Imports The CentralContinue Reading
By Shaurya Malwa In a recent survey, 60% of US investors reported a decline in the quality of their personal relationships after being involved in the crypto sector, a report on Bloomberg pointed out Sunday. The findings were among the first of their kind, a nod to the adage ofContinue Reading
By Kevin Helms The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. South Korea currently has about 200 cryptocurrency exchanges, he said. All Crypto Exchanges Could Be Shut DownContinue Reading
By Felipe Erazo The covid-19 crisis is worsening every day in India, as the country keeps hitting record daily numbers of cases and its death toll. The crypto community is starting to show solidarity with the country, as big players such as Ethereum co-founder and a well-known investor announced cryptoContinue Reading
By Ali Martinez In/Out of the Money Around Price by Bitcoin’s mainstream adoption is picking up fast. It’s not only large institutions such as Tesla, Square, and MicroStrategy that are scooping up the asset at every downswing, but even the San Francisco Sheriff’s Department seems to be interested in theContinue Reading
The Peer-to-Peer trading marketplace Vertex Market implemented the Binance Smart Chain layer to resolve high transaction fees and long confirmation times. On April 25, Vertex Market went offline for a few hours, while work on Binance Smart Chain implementation was done. In that very period the BNB Network went intoContinue Reading
By Jamie Redman During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks. On Monday, as bitcoin prices spiked 8% higher surpassing the $54k zone, in South Korea,Continue Reading
By News Desk Cryptocurrencies are infamously notorious for several reasons. There’s the scams, the politics, the in-fighting, the regulations, the pump and dumps, and the myriad other things that occur within the sector on a daily basis. But one reason remains understated—that of the steady pace of developments and newContinue Reading
By Samuel Wan In an interview over the weekend, PayPal CEO, Dan Schulman, described how his firm could provide an intermediary service distributing a potential U.S. central bank digital currency (CBDC), should the Federal Reserve Board decide to follow through. Current reports put the U.S central bank on the fenceContinue Reading
By Kevin Helms Major U.S. financial group Charles Schwab has conducted a survey and found that young British investors are twice as likely to buy cryptocurrencies, such as bitcoin, as they are to buy stocks. The company says it is watching the crypto space closely but needs “additional clarity fromContinue Reading
By Liam Frost Monday’s trading session has marked a return to form for Bitcoin (BTC) and other top cryptocurrencies, mostly offsetting the losses incurred by the last week’s slump, according to crypto metrics platform CoinGecko. At press time, Bitcoin is trading at around $53,250, up 6.2% on the day—although stillContinue Reading
By Shaurya Malwa Trevor Lawrence, the number one pick in this year’s National Football League (NFL) Draft, has signed a multi-year contract with crypto tracking app Blockfolio, as an announcement today. “Pumped to announce I’ve joined Blockfolio! Excited to help bring these two worlds together,” he tweeted. Pumped to announceContinue Reading
By Kevin Helms An NFL player for the Kansas City Chiefs, Sean Culkin, will convert all of his salary to bitcoin. A proponent of the cryptocurrency, Culkin said, “I believe we are in the beginning stage of bitcoin’s shift away from being extremely speculative, to a legitimate asset class viewedContinue Reading
By Shaurya Malwa South Korean officials are in talks to delay a crypto taxation law scheduled for later this year, as per a report by local daily Hankyung today. The country boasts one of the highest crypto trading volumes, recently even surpassed those of its stock market, with youngsters—plagued withContinue Reading
By Liam Frost Dave Portnoy, president of pop-culture and sports-focused media company Barstool Sports, today revealed that he bought one Bitcoin—after swearing that he will never do it two months ago. “Breaking: I am the proud owner of 1 Bitcoin,” Portnoy tweeted today. Breaking: I am the proud owner ofContinue Reading