Blockchain & Cryptocurrency News

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Fri, 28 Jan 2022, 02:24 AM
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Over 1,000 bank accounts and cards used in crypto trading seized by Pakistan’s Federal Investigation Agency

Crypto exchange Binance still not registered and can’t offer services in Ontario, says OSC

The Ontario Securities Commission reprimanded the crypto exchange Binance for sending an email to Ontario-based clients saying that it has been successful in taking its first steps by registering as a Money Services...

Donated or inherited crypto will be taxed by the South Korean government starting 2022

While the implementation of South Koreas crypto tax has been postponed for another year, digital asset owners will now have another tax to think about in the coming year. The government plans to impose taxes on inherited...

Elon Musk shares thoughts on Bitcoin, Dogecoin, and the identity of Satoshi Nakamoto

Tesla CEO is known for his market-moving tweets on crypto and is believed to be behind some of the price swings of even the worlds largest crypto by market volume, Bitcoin. In a recent interview, the tech billionaire...

MicroStrategy’s Bitcoin stockpile soars to 124,391 BTC after recent acquisition

MicroStrategy announced that it has purchased 1,914 BTC for the month of December. The announcement came just as the crypto fell by around 30 percent from its November all-time high. In a regulatory filing with the...

Crypto mining activities in Iran temporarily banned until March 2022

Crypto mining facilities in Iran will halt operations for more than two months. The move is part of the governments efforts to ease the strain on the countrys power supply to save power and avoid blackouts this...

Bitcoin’s recent price drop hasn’t shaken long-term HODLers’ conviction of the crypto’s potential

After posting a new all-time high above $68,000 last month, Bitcoin was not able to sustain its upward momentum and decline sharply by around 30 percent. However, data from analytics firm Glassnode show that long-term...

Collapse of China’s Bitcoin mining fuels growth of retail crypto mining in Thailand

Chinas massive crypto mining industry, which once dominated the crypto world, collapsed overnight with the governments renewed crackdown on mining and trading in September. Thailands miners are reaping the benefits of this...

Crypto exchange Binance won’t be pulling out of Ontario

Binance, the largest crypto exchange in the world by volume, wont be pulling out of Ontario, Canada after all. The company announced that it will continue its services for Ontario-based users after successfully working...

Business

MicroStrategy won’t sell its Bitcoin stash as it is the best defense against inflation Fri, 21 Jan 2022, 12:06 pm UTC

Bitcoins price has declined since the start of 2022. However, the price drop wont make MicroStrategy deviate from its multi-billion dollar crypto acquisition strategy and the company wont be selling its BTC stash. At...

Bitcoin investment allowed Canadian restaurant chain to expand even during the pandemic

Crypto exchange Bitfinex appears to be closing its Ontario operations

Crypto exchange Gemini adds wealth management services with its acquisition of BITRIA

Technology

Jamaica plans to rollout CBDC in the first quarter of 2022 Fri, 07 Jan 2022, 10:32 am UTC

Jamaica is moving ahead with its central bank digital currency project. After completing the pilot last year, the country is set to roll out its digital is set to roll out its CBDC by the first quarter of 2022. Bank of...

Crypto exchange AscendEX to reimburse affected users in Dec 11 hack

Russia to allow foreigners to use its CBDC and open digital ruble wallets

BTC scammers use Narendra Modi's Twitter account to announce India’s Bitcoin adoption

Investing

68% of American crypto investors started in 2021, says Huobi survey Mon, 17 Jan 2022, 06:22 am UTC

A majority of U.S. crypto investors are relative newcomers to the space. In fact, 7 in 10 crypto holders started investor in digital currencies such as Bitcoin (BTC) in 2021. This was revealed by the recently released...

Crypto can be a small part of one’s investment portfolio, says Dave Ramsey

Bill Miller reveals half of his personal net worth is in Bitcoin and other cryptos

Bitcoin investors buy the dip as BTC falls below $40K

Insights

Bitcoin and Ethereum could set new ATHs by 2030, says ARK Invest Thu, 27 Jan 2022, 14:45 pm UTC

Major cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) suffered massive price declines since 2022 started. However, ARK Invest remains bullish on crypto and even predicted that both Bitcoin and Ether are poised to...