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  • An ECB Board Member Attacks Bitcoin, Says It ‘Does Not Fulfill the Basic Properties of Money’ April 10, 2021
    Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic properties of money.” She also describes bitcoin as a “speculative asset without any recognizable fundamental value and is subject to massive price swings.” Schnabel also surmises that trust in “cryptocurrencies might rapidly […]
    Terence Zimwara
  • Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin April 10, 2021
    The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000 BTC According to the Opendatabot site, officials currently hold a total of […]
    Felipe Erazo
  • British auction house Christie’s Plans to Sell 9 Rare Cryptopunk NFTs Next Month  April 10, 2021
    Next month in New York, the popular auction house Christie’s plans to auction a rare lot of Cryptopunk non-fungible token (NFT) collectibles. The sample of work sold will be approximately nine rare Punks, courtesy of the project’s creators Larva Labs. Nine Rare Cryptopunks Going to Auction On May 13, 2021, the British auction house founded […]
    Jamie Redman
  • South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’ April 10, 2021
    Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. Government Seeks International Help to Monitor International Crypto Exchanges According to Chosun, the South Korean Government […]
    Felipe Erazo
  • Online Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 Million April 10, 2021
    The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin hashpower. On April 9, the publicly-listed gaming and internet company […]
    Jamie Redman
  • Texas Bitcoin Mining Swells- Riot Purchases Mining Site for $650M, Blockcap Establishes HQ in Austin April 9, 2021
    The Lone Star State of Texas is solidifying its role as a bitcoin mining and blockchain hub. This week two major bitcoin mining companies established operations in Texas. The company Riot Blockchain purchased a mining site in Rockdale and the bitcoin mining firm Blockcap announced establishing headquarters in Austin. Blockcap Sets Up Headquarters in Austin, […]
    Jamie Redman
  • English Football Club Signs Sponsorship Deal That Includes Option of Being Paid Bonuses in Bitcoin April 9, 2021
    Southampton Football Club, a soccer team currently ranked 13th in England’s Premier League, recently signed a new sponsorship deal that includes an option for the club to be paid certain performance-based bonuses in bitcoin. The deal also extends the club’s partnership with the Coingaming Group as Main Club Partner for a further three years. Also, […]
    Terence Zimwara
  • Releases Whitepaper for Alternative All-Inclusive and Revenue-Sharing Social Media Platform April 9, 2021
    PRESS RELEASE. 9th April 2021, Delaware, United States – Social media has reshaped the digital landscape, yet people worldwide feel more disconnected than ever. The big giants have all innovated successfully, but constant monetisation efforts for the sake of corporate profit have done away with interpersonal connections, and have therefore transformed the user into the […] PR
  • Piper Sandler Survey Shows 9% of American Teens Have Traded Cryptocurrency April 9, 2021
    The American independent investment bank and financial services company, Piper Sandler has published its latest “Taking Stock With Teens” survey which notes that 9% of U.S. teenagers have traded cryptocurrencies. 7,000 teenagers were polled and roughly 81% of those who have traded digital currencies were male. 9% of American Teens Claim to Have Traded Crypto […]
    Jamie Redman
  • Chinese Tech Firm Meitu Buys 175 Bitcoin, Treasury Now Holds $100 Million Worth in BTC and ETH April 9, 2021
    The China-based smartphone and internet app maker Meitu has announced the acquisition of $10 million worth of bitcoin for its treasury after the firm purchased digital assets two times prior last month. The company’s cryptocurrency holdings now stack up to $100 million worth of ethereum and bitcoin. Meitu Stacks Another 175 Bitcoin, $100 Million in […]
    Jamie Redman

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  • LA Real Estate Mogul Buys Bitcoin, Accepts BTC For Rent April 10, 2021
    A massive LA-based luxury real estate firm has begun accepting Bitcoin for rent payments. In addition to loading up on BTC for its corporate reserves, the company has also tapped popular exchange Gemini to help build a crypto centric ecosystem for its retail, residential, and resort customers. Rick Caruso and Caruso Real Estate Tap Gemini […]
    Tony Spilotro
  • Why Bitcoin could favor USD dominance over Digital Yuan April 9, 2021
    Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U.S. dollar over China’s digital Yuan. According to McGlone, the cryptocurrency is “eclipsing” Yuan’s global adoption. Specifically, the U.S. dollar is showing “organic adoption” in the digital ecosystem, […]
    Reynaldo Marquez
  • Crypto Analyst Expects “Escape Velocity” When Bitcoin Breaks $60K. Here’s Why April 9, 2021
    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 […]
    Tony Spilotro
  • How Injective and Band Protocol will take DeFi to the next level April 9, 2021
    Injective Protocol has announced that it will expand its partnership with Band Protocol. As such, it will operate a validator node for BandChain. In exchange, Band Protocol will begin participating in Equinox Staking, according to an official post. This is part of Injective Protocol’s testnet preparations for its upcoming mainnet deployment. Injective is a second […]
    Reynaldo Marquez
  • Up 700% in Q1, BNB’s next rally could be one for the “history books” April 9, 2021
    Crypto research firm Messari released this Q1 Performance Recap, the undisputed winner on the top assets was Binance Coin (BNB) with an astonishing 709% in profits. Followed by ADA (557%) and UNI, BNB seems ready to continue its rally. Conducted by researcher Roberto Talamas, he concludes Binance Coin’s rally was fuel by the emergence of […]
    Reynaldo Marquez
  • Ripple CTO Hints at XRP Ledger Upgrades to Enable an NFT Strategy April 9, 2021
    Ripple CTO David Schwartz said the firm is currently working on a non-fungible token (NFT) strategy. He added that based on observations, people care little about the underlying technology, only the NFT itself and the user experience. “Ripple is currently working on an NFT strategy. I think the key element here is the user experience, […]
    Samuel Wan
  • Earning Interest on Crypto & Fiat Has Never Been Easier as Nexo Offers Passive Income of up to 12% April 9, 2021
    Nexo, the trusted digital assets institution that was the first to introduce lending services to the crypto sector has surpassed many traditional investment instruments by also offering high yield returns in the form of daily interest payouts. Offering up to 12% passive income on its Earn on Crypto & Fiat product, Nexo has proven that […]
  • Radio Host Dave Ramsey Warns Bitcoin Investor of His “Vegas Problems” April 9, 2021
    Dave Ramsey told a caller, seeking advice on his Bitcoin holdings, he has “Vegas problems.” Offering his advice on what he would do, the radio host unceremoniously recommended the caller cash out tomorrow. “You’ve got Vegas problems, man. You walked up to the slot machine, put a quarter in and it dumped a bunch of […]
    Samuel Wan
  • Bitcoin Selling Pressure is Declining, Hints Key Glassnode Indicator April 9, 2021
    Even as the bitcoin market shows signs of bullish exhaustion after logging a 1,500-percent-plus upside move in the previous 13 months, all is not lost. Investors with a long-term growth outlook still want to hold onto the flagship digital asset, iterating their expansive bullish stance on it. The analogy appears out of a chart from […]
    Yashu Gola
  • The Second Edition of NFT Awards Announced, Intense Competition Expected April 9, 2021
    The second edition of NFT Awards is now here. Digital Entertainment Asset Pte Ltd (DEA), a Singapore based new-age digital entertainment major has announced the NFT Awards 2021 – an exercise that enables the crypto industry to recognize some of the best NFT creators and reward them for their contributions to the space. The entire […]