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Monthly Archives

April 2021

Crypto News
April 15, 2021

Macau poised to amend laws to enable digital yuan trials

Macau is pushing forward with preparations fo the roll out China’s digital yuan, which could help crack down on tax evasion in its opaque gambling industry. On April 13, Ho lat Seng, the chief executive…

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Crypto News
April 15, 2021

$420M in leveraged long traders liquidated after XRP rallies to $1.96

XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.  In addition to achieving its highest level…

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Crypto News
April 15, 2021

You can already invest in hundreds of ETFs with exposure to Bitcoin

Numerous U.S.-traded exchange-traded funds, or ETFs, are loading up on shares in the world’s top crypto firms. According to ETF.com, hundreds of funds have invested in publicly-listed companies that are holding BTC on their balance…

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Crypto NewsMining
April 15, 2021

Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup

The Bitcoin energy consumption debate is heating up faster than the planet, with corporations facing pushback from the public and shareholders over Bitcoin investments. According to a Citigroup Inc. report, Bitcoin is consuming 66 times…

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Crypto News
April 15, 2021

Watch out as r/Wallstreetbets finally allows crypto threads... within limits

The moderators of subreddit r/wallstreetbets have announced they will allow crypto discussion in the subreddit from today. The retail trading group, famous for pumping traditional stocks such as Gamestop (GME) and scaring hedge fund managers…

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Crypto News
April 15, 2021

German software developer donated $1.2M in 'undeserved' Bitcoin to political party

A German national who reportedly sees his Bitcoin profits as “undeserved wealth” has donated more than $1 million to the country’s green political party. According to Hamburg-based news outlet Die Zeit, Moritz Schmidt, a software…

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Crypto News
April 15, 2021

Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq

Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on the cryptocurrency market….

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Crypto News
April 15, 2021

Raise a PINT to Polkadot’s new index token: Six top projects sign up

The source code for the upcoming Polkadot Index Network Token, or PINT, has been made public, with half a dozen projects putting their hand up to be included in the index. The project has outlined…

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Crypto News
April 15, 2021

Coinbase adds hidden message with political undertones to BTC blockchain on day of IPO

The crypto exchange, whose CEO has previously dissuaded employees from expressing political views, started its initial public offering off with a message referencing U.S. President Joe Biden’s stimulus package.  According to Coinbase, the crypto exchange…

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Crypto News
April 15, 2021

3 reasons why Elrond (EGLD) price soared above $245

As mainstream cryptocurrency adoption increases and more users start transacting on blockchain networks, the need for fast, scalable protocols becomes even more apparent as transaction costs and confirmation times continue to increase.  One protocol that…

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    • Macau poised to amend laws to enable digital yuan trials
    • $420M in leveraged long traders liquidated after XRP rallies to $1.96
    • You can already invest in hundreds of ETFs with exposure to Bitcoin
    • Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup
    • Watch out as r/Wallstreetbets finally allows crypto threads… within limits
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