SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications

Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month. A pair of Bitcoin (BTC) ETF applications submitted by Fidelity Investments and SkyBridge Capital are under official review by the United States Securities and Exchange Commission, or SEC, reigniting a …

Bitcoin Pizza Day 2021: What Events Were on the Menu This Year?

Bitcoin Pizza Day is an event that celebrates the first-ever Bitcoin purchase, which was made more than ten years ago. This year, it took place on Saturday, May 22. What Is Pizza Day? In 2010, one of Bitcoin’s earliest users, Laszlo Hanyecz, paid for two pizzas by negotiating a delivery with another user on the …

Iran Bans Crypto Mining Yet Again After Widespread Power Outages

Iran has yet again banned crypto mining activities for four months. This follows widespread power outages that are causing a public outcry. On May 26, President Hassan Rouhani announced a halt to all crypto mining activities, including legal Bitcoin mining. The activities will remain closed until September 22. The Proof of Work (PoW) framework used …

Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)

Trading volume in crypto markets can be a key indicator of price volatility — but is there a direct correlation that traders can use to help inform their investment decisions? Trading volume — the amount of an asset that changed hands over a given period — is one of the key metrics that investors use …

Big tech, not cryptocurrency, is the real threat to central banks’ autonomy, Danish central bank governor says

Though Danmarks Nationalbank’s governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto. Crypto trading volumes continue to increase, but several countries’ central banks are keen to ignore it, with Denmark being the latest to join the “crypto is negligible” narrative. Lars Rohde, governor of the …

Worst UK bank for dealing with scams issues crypto scam alert

NatWest issued a crypto scam warning to mobile banking users after reportedly receiving a record number of complaints in Q1. The U.K bank with the worst record for dealing with scam complaints has issued a cryptocurrency scam alert. NatWest, which was rated as the worst U.K bank for accurately discerning legitimate fraud complaints in 2020, …

1inch integrates with Mercuryo, enabling fiat onramp to DeFi

1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway. Decentralized exchange aggregator 1inch Network has partnered with Mercuryo, a cross-border payment network, to provide its users with a more seamless gateway to DeFi — potentially opening up the market to greater adoption.  “To date, some users have been discouraged from entering …

A Guide to Day Trading Strategies for Beginner Investors

Even though it requires traders to spend a lot of time in day trading, the benefit involved is always enormous. There’s no doubt that you have been searching for a proper guide for day trading on popular sites like YouTube, articles, and guides all around the internet, without any lucrative information yet. You can now …

RippleX Launches Grants Program For Projects on the XRP Ledger

RippleX has announced the launch of a community grants program for projects building on the XRP ledger The Grants Program will focus on NFTs, Core infrastructure, developer tooling, Developer UX and security The team encourages projects focused on NFTs for the first round of grant applications There is a June 10th deadline for the first …

Bitcoin Price Prediction: BTC/USD Range-bounds around $39,000

Bitcoin Price Prediction – May 27 The Bitcoin price is seen moving sideways around $39,319 and it may be vulnerable to a bigger correction. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $48,000, $50,000, $52,000 Support Levels: $31,000, $29,000, $27,000 BTCUSD – Daily Chart BTC/USD sees a sudden sell after yesterday’s gains as …

Nigeria’s Central Bank Considers Digital Naira Amid Bitcoin Crackdown

In a sign of worldwide growing adoption, central bank digital currencies (CBDCs) programs are currently underway in many countries. West African giant Nigeria appears to be the latest entrant in a field that is garnering much attention. Digital Naira in the Works The Central Bank of Nigeria (CBN) is planning on launching a digital version …

White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less powerful. Now critics like JPMorgan Chase CEO Jamie Dimon and American economist Larry Summers have blasted …

Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify

Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. Iran has banned cryptocurrency mining effective immediately, President Hassan Rouhani said on Wednesday in a televised speech at a …

Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown

During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services in the region, executives from some of China’s largest bitcoin …

GamerHash (GHX) Token Is Now Listed on Bitcoin.com Exchange

PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of GHX, being available to trade on the 27th May 2021 at 10:00AM UTC. GHX (GamerCoin) was created by the GamerHash team, as an incentive for the miners within the app and as a reward for carrying out the tasks on the Play&Earn module. GHX …

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