As trading volumes dry up, potential open interests hinder, and the number of active addresses slumbers, Bitcoin and other cryptocurrencies’ value fell on Thursday, led by the Federal Reserve’s December meeting reaching risk assets worldwide. According to Coin Metric data, the godfather of all digital assets, Bitcoin, fell by eight percent in 24 hours after […]
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Cryptocurrencies are on the rise, as two of the world’s biggest cryptocurrencies, Bitcoin and Ethereum, soared on Monday to new records as Ether hits its all-time high, exceeding $4,700. The world’s leading digital asset, Bitcoin, rose to its latest upshot by jumping 7 percent, reaching a valuation of $66,170, almost binding to its October 20’s […]
A cryptocurrency called SQUID, based on but not affiliated to popular Netflix series Squid Game, has allegedly scammed users out of $3 million. The SQUID cryptocurrency reached a peak of $2,861 before plummeting to $0 around 5:40 a.m. ET. after it was launched last week, according to the website CoinMarketCap. This kind of theft, commonly […]
Cryptocurrency has officially gone to the dogs. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a “meme” or joke coin — has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting $40 billion and surpassing its cousin and apparent inspiration, Dogecoin. […]
Mastercard Inc. is making it easier for banks to offer cryptocurrency rewards on their credit and debit cards, as part of the payment network’s recent embrace of digital currencies. Banks on Mastercard’s global payments network will be able to provide cryptocurrency rewards on credit and debit cards, for example, and reward points on purchases like […]
In one year, the United Kingdom has set the stage for its drastic growth in the cryptocurrency movement among all European countries. The Land of the Rose’s fascination with blockchain technology resulted in more than $170 billion in received value, according to a Chainalysis report. The report revealed that the Central, Northern, and Western divisions of Europe […]
The Daily Stormer website advocates for the white race, posts hate-filled, conspiratorial screeds against Blacks, Jews and women and has helped inspire at least three racially motivated murders. It has also made its founder, Andrew Anglin, a millionaire. Anglin has tapped a worldwide network of supporters to take in at least 112 Bitcoin since January […]
The People’s Bank of China doubled down on Friday its crackdown on all cryptocurrency mining and trading activities by instituting its latest regulation prohibiting overseas cryptocurrency exchanges from accommodating to Chinese citizens under threat of criminal penalty, yielding Bitcoin value. China’s perception of decentralized currencies is not a thing of the past. As the first […]
Man who pleaded guilty to securities fraud for cheating investors in his cryptocurrency fund of over $50 million was sentenced to over seven years in prison Wednesday by a judge who questioned the sincerity of his apology. U.S. District Judge Valerie E. Caproni in Manhattan imposed the 7 1/2-year sentence Wednesday on Stefan He Qin, […]
Walmart denied any partnership with the digital currency Litecoin after a fake news release led to a brief flurry of inaccurate reports from national news outlets and social media users on Monday. A news release claiming a partnership between Walmart and Litecoin is “not real,” according to Walmart spokesperson Molly Blakeman. Charlie Lee, creator of […]