Category: News

Crypto Industry Celebrates Annual Bitcoin Pizza Day

Today marks the nine-year anniversary of the first ever reported transaction using Bitcoin to make a purchase. A Florida-based, early crypto supporter spent 10,000 BTC on two pizzas, making history through a mundane meal purchase. Since then Bitcoin price has grown exponentially and the asset has become a widely recognized name in the financial technology […]

Coinbase Payment Processing Service Now Supports Circle’s USDC Stablecoin

Major United States-based cryptocurrency exchange Coinbase announced that its cryptocurrency payment processor Coinbase Commerce now supports Circle’s stablecoin USD Coin (USDC) in a blog post on May 20. Per the announcement, Coinbase Commerce users can now accept USDC payments with no transaction fees. The announcement specifies that “unlike accepting credit card payments, merchants can accept […]

Mike Novogratz Just Made $71M Thanks to Crypto Startups Block.one

Mike Novogratz’s Galaxy Digital has sold majority of its stake in cryptocurrency startup Block.one for $71 million – a 123 percent gain on its initial investment. Massive Payday for Novogratz’s Galaxy Digital Mike Novogratz’s Galaxy Digital has sold most of its share in Block.one, receiving a $71.2 million payday which amounts to a 123 percent […]

Until Bitcoin Moves Above $20,000, BTC At $1,000 Is Still Possible

At long last, Bitcoin (BTC), in the eyes of many investors and analysts, is finally in a “bull market”. As Fundstrat’s Tom Lee noted in a recent tweet, BTC rebounding by $1,800 off the Bitstamp crash, the Misery Index passing 89, growth in on-chain transactions and volumes, and Bitcoin’s chart forming a golden cross are […]

Crypto Exchanges See Threefold Increase in New Accounts Since March

Japanese cryptocurrency exchanges have seen new account openings increase up to 200% in the past two months, Cointelegraph Japan reported on May 22. Data obtained from three major trading platforms — Bitpoint, DMM Bitcoin and Coincheck — pointed to a significant increase in interest from entry-level investors since the end of March. The change in […]

China Unbans Bitcoin? ‘Occasional’ P2P Exchange is Legal, Says Lawyer

“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange ‘Occasional’ in China Speaking to BJ News, Sa Xiao, Council Member at the Bank of China Law Research Association, argued that China’s current regulation of virtual property includes the right […]

Sitting on the Sidelines is Crazier Than Investing in Bitcoin –

Prominent Bitcoin investor and Gemini Exchange co-founder Cameron Winklevoss says that the future of money is currently being built with Bitcoin and crypto and that it’s ‘crazy’ to be sitting on the sidelines.  ‘The Future of Money is Literally Being Built’ Popular cryptocurrency commentator and a prominent Bitcoin investor Cameron Winklevoss has argued the craziness […]

Ron Paul: The U.S. Dollar Is In a Bubble, Bitcoin An Alternative

Former US presidential candidate and congressman Ron Paul is a regular critic of the United States Federal Reserve and of the country’s economic policy. In the past, the libertarian politician has spoken out in support of cryptocurrencies, suggesting that making the digital assets exempt from taxation could help avoid a “Fed-created recession.” In a new […]