Crypto
As per the latest data from Coinatmradar, the number of bitcoin ATMs has increased drastically over the last few months. The crypto ATM tracking website shows that the number of bitcoin ATMs stood at 19,509 as of May 7. This marks an astounding rise from 7,756 ATMs in May 2020, indicating that cryptocurrencies such as […]
Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group. Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea. Barry Silbert, founder and CEO of Digital Currency Group, […]
The ongoing cryptocurrency market flash crash has shed off as much as $4.5 billion from the global crypto market capitalization in a week. The current dip was spiked by many factors which started with the Xinjiang blackout last week, an occurrence that affected mining activities, plunging the Bitcoin hash rate by over 40%. Just before […]
Faruk Fatih Ozer, the founder of the Turkish crypto exchange Thodex, is reportedly on the run with billions of dollars of users’ funds. Reports claim the exchange website shut down on Wednesday, with a message saying trading was suspended due to an “unspecified outside investment.” Many Turks had turned to crypto as a lifeline following […]
The flexible space provider WeWork is the latest name to enter the cryptocurrency sector The US-based commercial real estate company WeWork has confirmed its entry into crypto following an announcement it will be adding crypto to its balance sheets. The company also revealed partnerships with the NASDAQ-listed exchange Coinbase and BTC payment service provider BitPay […]
Gemini Custody has quickly emerged as a leading platform for institutional investors. The Tyler and Cameron Winklevoss-owned Gemini exchange announced a major milestone on Tuesday, as total cryptocurrency held in custody surpassed $25 billion for the first time. In charting its impressive growth, Gemini touted growing participation from institutional investors over the past year. Gemini […]
Charles Hoskinson, Cardano’s inventor, and Input-Output Global (IOG) CEO, talked about the current regulatory outlook in the United States. Hoskinson believes the crypto market will see a “long overdue” regulatory framework in the coming months. IOG CEO stated in a new video for his YouTube channel that the current market cap of the entire crypto […]
Dogecoin’s massive rally of 220% over the past 24 hours has helped it record a new ATH of $0.450. The meme currency has gained over 400% in the past week helping it make it to the top-10 list of cryptocurrencies by market cap, currently at 7th spot. The meme currency which started out as a […]
CryptoNinjas » Japan crypto exchange bitbank AUM reach 289.8 billion yen bitbank, a Japan-based bitcoin/crypto exchange, announced that its assets under custody for the first time exceeded 250 billion yen from April 6th. And current assets under custody now reach 289.8 billion yen ($2.66B USD) as of April 11th. “Our assets under custody increased significantly […]
Bitcoin price is still stuck under $60,000 but unable to push any lower than $55,000. The tightening across the crypto market has been long and arduous but when $60,000 is finally broken, the crypto asset should reach what one analyst calls “escape velocity.” Here’s what the term means and what that could look like post-breakout […]
Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses. After becoming a corporate pioneer in cryptocurrency adoption, Elon Musk could be about to take the next step and begin paying rent in […]
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors. At midday, the crypto market cap was at $2.02 trillion. The […]
In more stable regions, investment and speculation make the primary use case for Bitcoin. But in Turkey, the leading cryptocurrency has become something of a lifeline as the effects of economic panic begin to be felt. Bitcoin Trades for $100k on Turkish P2P Platforms The lira plummeted 14% against the dollar on Monday, triggering widespread […]
While the Moroccan government has since placed a blanket ban on bitcoin (BTC) and other cryptocurrencies, residents are increasingly buying and trading these digital assets via peer-to-peer channels. Crypto adoption is also on the rise in other African countries including Nigeria, according to a report onMarch 22, 2021. Moroccans in Love with Cryptos’ Privacy Features […]
The explosive growth of Bitcoin and the overall crypto market has swayed some of the biggest Wall Street banking giants in recent times. As per the latest report by Forbes, Wall Street banking giant JPMorgan is preparing for Bitcoin (BTC) and crypto clearinghouse options. While the crypto market has registered unprecedented growth over the last […]
If you’ve been thinking about entering the world of cryptocurrency but don’t know much about it, you’ve come to the right place. Below is a beginner’s guide on what it is, how it works, the cryptocurrencies that have the largest market capitalization (total value), how to invest and more worthwhile information. Here’s everything you need […]
The operator of South Korean cryptocurrency exchange Bithumb has placed restrictions on trading accounts registered in jurisdictions that are deemed to be too lax in curbing money laundering. South Korean cryptocurrency exchange Bithumb is toughening its approach to Anti-Money Laundering enforcement with a series of new measures that include trading restrictions, stronger Know Your Customer […]
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bitcoin traders worry as price remains pinned below $50,000 After reaching […]
As Bitcoin ETFs launch in Canada, an approval from U.S. authorities appears to be closer than ever before as naysayers start to run out of reasons to deny it. The United States Securities and Exchange Commission’s floor is littered with failed crypto fund filings, but this year, following Canada’s lead, the U.S. might actually have […]
CryptoNinjas » Modulus CEO: PDAX Collapse Under Heavy Volume Highlights Importance of Quality Crypto Exchange Technology Reports indicate that PDAX, the largest cryptocurrency exchange in Southeast Asia, failed under heavy volume, as Bitcoin began trading at $6,000, nearly 90% below market pricing. The exchange announced that the incident was not caused by hackers, but that, […]
Bitcoin’s market cap broke the $1 trillion barrier without a final push from institutions — could their influence be overrated? In the history of financial markets, there are only a few tradable assets that have conquered this frontier. Currently, Bitcoin has the eighth-highest market cap among all tradable assets in the world, including equities and […]