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News
Ethereum Crosses $1150 after 30% Jump, Bitcoin Consolidates
2021-01-04T10:51:36.000+02:00
Ethereum price reached the highest level since 2018 as ETH gained 30% in 24 hours, Bitcoin consolidates near $32,000.
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Shenzhen Announces 20 Million Digital Yuan Giveaway
2021-01-04T09:26:02.000+02:00
The Chinese city announced to give 100,000 packets via a lottery, each worth 200 digital yuan.
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The Tax Man is Coming for Bitcoin: IRS “Enforcement” Impending in 2021
2021-01-04T09:20:05.000+02:00
Crypto holders are believed to be a major driving force behind a widening 'tax gap' in the United States.
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Congress Members Raise Concerns over US Treasury’s Cryptocurrency Rule
2021-01-01T15:10:34.000+02:00
Eight Congress members sent a letter to Secretary Mnuchin raising concerns over the process of FinCEN’s proposed crypto rule.
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News
Grayscale’s Cryptocurrency Assets under Management Crosses $20 Billion
2021-01-01T12:58:12.000+02:00
The recent rally in Bitcoin and other crypto assets pushed the total value of Grayscale’s AUM to a record high.
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Exchanges
Binance Announces $10 Million Compensation Plan
2021-01-01T11:13:55.000+02:00
The exchange has decided to compensate the victims of the recent hack of DeFi project, Cover Protocol.
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China’s Cryptocurrency Mining Dominance in Danger
2021-01-01T09:36:55.000+02:00
Crypto mining companies are leaving China for Nordic countries to take advantage of a plunge in electricity prices.
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Regulation
FinCEN Wants Disclosure of Americans’ Offshore Crypto Holdings
2021-01-01T08:56:56.000+02:00
If FBAR adds virtual currencies, Americans will have to disclose all offshore holdings above $10,000.
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News
Ethereum Posts 450% Gain in 2020, Beats Bitcoin
2020-12-31T15:59:08.000+02:00
ETH price jumped from $129 in January 2020 to nearly $750 in December.
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Bitcoin Crash Scenario, Sellers Target January 2021
2020-12-31T15:03:41.000+02:00
The world’s largest cryptocurrency must pass the January test before making a significant upside move.
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Bitcoin Price Inches Closer to $30,000 after Proving Warren Buffett Wrong
2020-12-31T12:15:08.000+02:00
The total market cap of Bitcoin reached $540 billion, more than Buffett’s Berkshire Hathaway as BTC gets closer to $30K.
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News
US Treasury Wants Complete Cryptocurrency Control
2020-12-31T10:45:15.000+02:00
The Department plans to 'centralize' crypto transactions with new regulations, but cryptocurrency exchanges are ready to resist.
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Regulation
Serbia Legalizes Cryptocurrency Trading
2020-12-31T10:27:21.000+02:00
Exchanges have to obtain licenses from the country’s digital currency supervisors.
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XRP Fights Delisting Announcements, Cryptocurrency Price Stays above $0.20
2020-12-31T08:46:27.000+02:00
Cryptocurrency XRP showed resistance against recent delisting announcements as the price refused to fall below $0.20.
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Brokers
Crypto Derivatives Ban: FXOpen Stops Offering Crypto CFDs in UK
2020-12-30T12:27:06.000+02:00
FCA’s order to ban the retail sale of crypto derivatives will come into effect on January 6.
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Exchanges
Binance Reports Record Trading Volumes in 2020
2020-12-30T10:22:43.000+02:00
The exchange reported an average daily trading volume of $3.88 billion this year, a 36% jump compared to 2019.
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News
NFL Player Receives $6.5 Million Salary in Bitcoin
2020-12-30T09:13:16.000+02:00
Russell Okung demanded salary payment through Bitcoin in 2019 and finally received half of his $13 million fees in BTC.
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Grayscale Reaches $19 Billion in Crypto Assets under Management
2020-12-29T15:02:35.000+02:00
The company now holds more than 600,000 Bitcoin along with 2.94 million Ethereum and 1.1 million Litecoin.
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Cryptocurrency Broker Voyager Digital Faces Cyberattack
2020-12-29T13:41:35.000+02:00
The broker decided to take the system offline following the attack.
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Spanish City Lebrija Introduces Cryptocurrency Elio
2020-12-29T12:43:46.000+02:00
The city in the Spanish province of Sevilla launched its cryptocurrency to facilitate local transactions during COVID-19.
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Exchanges
Crypto.com Announces XRP Delisting, Price Reaches $0.22
2020-12-29T10:32:51.000+02:00
The exchange joins Coinbase to delist XRP from 19 January 2021, and the price of cryptocurrency crashed 20%.
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Vauld Raises $2 Million to Become a Crypto Bank
2020-12-29T09:24:26.000+02:00
The startup wants to approach regulators in Singapore and the UK for banking licenses.
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India to Impose 18% Tax on Bitcoin Trading
2020-12-29T08:58:07.000+02:00
The Government is planning to categorize Bitcoin as an intangible asset to collect $1 billion in BTC trading tax.
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XRP Finds Strong Support in Japan Amid Cryptocurrency Delisting
2020-12-28T14:14:27.000+02:00
The Japanese crypto exchanges refused to treat XRP as security, and its trading will continue as a crypto asset.
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News
South Korea’s Hashed Raises $120 Million for Crypto Venture Fund
2020-12-28T13:19:32.000+02:00
The group already backs many prominent projects like Klaytn, Link and ICON.
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