26

Nov

Bitcoin accumulation accelerates. Whales bought 0.29% of total BTC supply in 7 days

Bitcoin whales bought 59,000 Bitcoins in a week under $60,000 apiece. Bitcoin trading below $60,000 for more than a week allowed some whales to accumulate more assets. On-chain data suggests…

25

Nov

Healthcare services company accepts DOGE

A Canadian healthcare services company stands out from the crowd with its willingness to show support for three of the most popular dog meme cryptocurrencies: Dogecoin ($DOGE), Shiba Inu ($SHIB)…

24

Nov

Bitcoin will not be banned in the US. President Biden picks Jerome Powell as next Fed chairman

During his tenure as Fed chairman, Powell said the agency was "actively working to issue a CBDC" but was unlikely to support a complete ban on cryptocurrencies. President Joe Biden…

23

Nov

An investment with 100 times the profit! A 69-year-old Israeli citizen invested $3,000 in Bitcoin.

Today, the value of the pensioner's cryptocurrencies is $320,000. The bank refuses to withdraw the cash. After making 100 times the return on her initial investment, Bank Hapoalim refuses to…

22

Nov

The US Justice Department wants to sell $56 million worth of cryptocurrencies to compensate victims of the BitConnect scam

In a November 16 announcement, the Justice Department said it would sell seized crypto and keep the proceeds in US dollars until it can use the funds to provide compensation…

19

Nov

Austria plans to tax cryptocurrencies

As more and more governments look to capitalise on the profits from cryptocurrencies, authorities in Austria have expressed their intention to tax profits from investments in digital assets, similar to…

18

Nov

‘Big Short’ investor Michael Burry says: “I have never shorted any cryptocurrency” – he warns about the biggest bubble in history.

Hedge fund manager Michael Burry, known for predicting the 2008 financial crisis, says he has never played a short position on any cryptocurrency. He further warned that the current bubble…

17

Nov

Animoca Brands reveals plans for metaverse

Animoca Brands has announced that it will team up with Korean record label Cube Entertainment to build a "K-pop metaverse". Non-fungible tokens (NFTs) continue to disrupt the mainstream entertainment industry,…

16

Nov

Dutch authorities seize cryptocurrencies worth more than €25 million

Dutch authorities have seized more than €25 million in cryptocurrencies, including Bitcoin and Ethereum, from dozens of suspects in criminal cases. "Cryptocurrencies are widely used as a means of payment…