The Nigerian cryptocurrency community was shaken to its core when the country’s apex bank released a circular warning financial institutions to desist from enabling cryptocurrency transactions. The Central Bank made …
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Grayscale Looks At Altcoins Amid Rising Competition For Bitcoin Investments
As Bitcoin (BTC) exchange-traded funds (ETFs) are gaining traction in Canada, new competitors for Grayscale emerge, the company is increasingly eyeing altcoins. The major crypto asset management firm owned by Digital Currency Group (DCG) has confirmed …
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FCA Releases Detailed Five-Point Plan to Turn UK into a Fintech Hub
Upon the announcement of the United Kingdom budget for 2020, Chancellor Rishi Sunak commissioned Ron Kalifa to conduct an independent review of the U.K. fintech sector. On Friday, eight months …
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Dubai crypto fund sells $ 750,000,000 in Bitcoin To Buy Two Altcoins
A crypto investment firm with $1 billion in assets under management is selling Bitcoin to boost its position in two of the largest altcoins by market cap. Managing director Prakash …
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Elon Musk is not worried about the rumored possibility of SEC probe into Dogecoin tweets
Rumors of a possible investigation by the United States Securities and Exchange Commission into Tesla CEO Elon Musk’s alleged impact on Dogecoin’s (DOGE) price moves have been circulating on social media over the …
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Institutions & miners to accumulate through Bitcoin chop. Whales uncertain
After a violent price reversal last week that saw Bitcoin retreat from all-time highs, traders and analysts are now eyeing major players and investors to gauge BTC’s next move — …
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South Korean Government Will Levy Taxes On Bitcoin Capital Gains Starting 2022
According to South Korea’s amended income tax law, cryptocurrency investors will pay 20 percent tax on profits from digital currencies. As cryptocurrencies continue to pick up steam and encompass the …
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Square CFO: 1 Million Cash App Users Purchased BTC for the First Time
Square, Inc.’s chief financial officer Amrita Ahuja said the company’s popular Cash App product recorded a record number of first-time bitcoin buyers in January. Speaking in an interview with CNBC on Wednesday, …
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Cardano Sets New ATH, What Are The Next Targets?
While the overall market continues to struggle, Cardano bulls are forcing new ATHs today as the cryptocurrency surged past the previous ATH at $1.20 yesterday to set a new one …
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Bill Gates on Bitcoin: If you have less money than Elon, beware of it
Over the recent months, Bitcoin has made significant strides towards becoming a mainstream asset, mostly inspired by institutional investors. Tesla’s (NASDAQ: TSLA) $1.5 billion investment in the digital currency largely inspired the new …
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