Report shows over 20 Crypto Firms are Leaving China due to Crypto Ban
The Chinese ban on trading and mining has created a harsh regulatory climate for firms operating in the country. Over 20 firms in China have announced plans to relocate from…
Axie Infinity Launchpad Lottery Ticket Grows in Value by 124,900%
Axie Infinity and the AXS token have enjoyed major gains over the past year. Users who won the lottery for AXS public sale on the Binance exchange last year and…
Daily Settlement Volumes on Bitcoin Network reach Record High
The settlement volumes on the Bitcoin network have been on the rise, and the metric recently reached an all-time high. On October 6, the daily settlement volume on the Bitcoin…
Senator Ted Cruz says Wasted Energy could be used to Mine Bitcoin
US Senator, Ted Cruz, has proposed using natural gas to mine bitcoin instead of this energy going to waste. The senator stated that crypto-mining could help to monetise energy generated…
Vitalik Buterin Criticizes El Salvador’s Bitcoin Policy
Ethereum’s co-founder, Vitalik Buterin, has criticized the president of El Salvador, Nayib Bukele, over his Bitcoin policy that makes it mandatory for businesses and individuals in the country to use…
Shiba Inu Price Up 2.9% to $0.00002716 – Where to Buy SHIB
Shiba Inu was one of the best performing altcoins last week. The coin has gained more than 200% over the last seven days, inching it closer to its all-time highs.…
Billionaire Bill Miller advocates for Bitcoin, but doubtful on altcoins
The billionaire investor conveyed his predominantly bullish opinions on the crypto ecosystem during a recent online interview Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners,…
US debt ceiling crisis: A catalyst for crypto’s ultimate decoupling?
Many in and beyond the crypto industry believe that the political standoff around the debt ceiling increase makes digital assets more attractive in the long run. The United States federal…
BitMEX CEO predicts Bitcoin will be legal tender in five countries by 2022
Developing economies are more affected by issues related to remittances and inflation, BitMEX’s CEO said. Countries in the developing world will soon follow in the steps of El Salvador and…
Shiba Inu rebounds 40% despite major selling by SHIB whales
The sharp upside retracement surfaces as retail frenzy around Shiba Inu hints at testing May peak levels. Shiba Inu (SHIB) kickstarted its new weekly session in the green as it…
South Korean opposition set to tackle controversial crypto tax law
Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders. Lawmakers belonging to South Korea’s…
Chess grandmaster Magnus Carlsen awarded NFT trophy after tournament win
Following the competition, a replica of Carlsen’s NFT trophy was auctioned off to a fan for 6.88 ETH. For the first time in chess history, grandmaster Magnus Carlsen has been…
BTC price hits $57K five-month high — 5 things to watch in BTC this week
Bitcoin price action beats last week’s local high to edge ever closer into final resistance before all-time highs of $64,500. Bitcoin (BTC) is in top form — almost literally —…
Travelers Will Be Able to Purchase Airline Tickets With Crypto in Venezuela
Travelers will be able to purchase airline tickets in Venezuela using cryptocurrencies in the near future. According to statements made by Freddy Borges, Director of the Maiquetía International Airport, the…
Bitmain Will Not Ship Crypto Mining Equipment to China
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown…