Mining 14/07/21 21:52 by Brenda Ngari

Anhui Becomes The Sixth Chinese Province To Clamp Down On Bitcoin Mining

To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for...
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Bitcoin 09/07/21 21:32 by Newton Gitonga

Why China’s Renewed Bitcoin Crackdown Isn’t Telling On Many Significant Levels

Even as Bitcoin attempts to gain a footing in the now downsized market owing to massive dumping witnessed in May following China’s ban on crypto-related activities, the PBOC seems not to be backing...
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Bitcoin 06/07/21 18:44 by Bernice Nyambura

Hellbent On Destroying Bitcoin: China Shuts Down More Companies Enabling ‘Crypto Trading Activities’

Two financial watchdogs in Beijing, the Beijing Local Financial Supervision and Administration Bureau and the Business Management Department of China’s Central Bank (PBoC) are shutting down firms t...
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Bitcoin 28/06/21 20:19 by David Kariuki

Mexico’s Third Wealthiest Man Reveals Why He Wants To Hold Bitcoin Over The Next 30 Years

Ricardo Salinas, the third wealthiest man in Mexico, says fiat is fraud because it does not have a finite supply and all governments do is deflate people’s assets by “emitting” or printing more...
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Bitcoin 27/06/21 11:29 by Eduardo Próspero

Ricardo Salinas Pliego: Bitcoin “Should Be Part Of Every Investor’s Portfolio”

Mexico’s third wealthiest billionaire according to Forbes is a Bitcoin fan. Ricardo Salinas Pliego sure did his homework, and he’s here to make you see the light. The billionaire recently ...
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Altcoins 26/06/21 13:13 by PR DESK

Dynasty jolts the crypto sector by issuing a token referenced to tangible real estate assets

With its buy-back and burn procedure, Dynasty enhances token scarcity Swiss-based company, Dynasty Global, has issued a token reference to the real estate. A key feature of D¥NS token is that its to...
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Bitcoin 23/06/21 11:54 by Lou Kavan Flavius

Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market

Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining ...
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Other 18/06/21 17:06 by Bernice Nyambura

China’s State-Owned ICBC Bank To Offer Digital Yuan’s Cash Withdrawals In Beijing

Chinese citizens can now convert the Digital Yuan into Cash through the Industrial and Commercial Bank of China (ICBC), which has become the first bank in China to allow such transactions. The sta...
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Mining 18/06/21 15:55 by Brenda Ngari

Chinese Authorities Order Shutdown Of 26 Bitcoin Mining Farms In Sichuan

Authorities in China have ordered the closure of crypto mining farms in Ya’an, a prefecture city in Sichuan that has emerged as a key crypto mining center. The order comes on the heels of Beijing�...
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Altcoins 17/06/21 19:38 by Lou Kavan Flavius

NASCAR Driver Landon Cassill’s Salary Will Now Be Paid In Bitcoin And Litecoin

NASCAR driver Landon Cassill has struck a racing deal that will see him become the first such driver whose entire salary will be paid in cryptocurrency. According to a report from NBC Sports, Cassill...
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Crypto 14/06/21 23:28 by Tharmaraj Rajandran

All About Solana And Why It’s The Game-Changer Crypto Of The Year

While no one can deny the massive influence of Bitcoin on the cryptocurrency and blockchain worlds, and no one can possibly refute the utility of the Ethereum blockchain, there are many other smaller...
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Bitcoin 05/06/21 15:45 by Bernice Nyambura

The Moon Itself Is Literally About To HODL Bitcoin

A hardware wallet in the form of a unique physical coin containing 1 BTC is soon to be taken to the moon’s surface by US-based space company Astrobotic Technology in partnership with the cryptocurr...
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Bitcoin 19/05/21 14:35 by Lou Kavan Flavius

Bitcoin Headed For A Catastrophic Price Drop As China Reiterates Negative Stance On Crypto

On Tuesday, a report from Reuters made claims of China passing a ban on financial institutions and payment companies, prohibiting any cryptocurrency transactions and warning investors over speculativ...
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Altcoins 08/05/21 03:45 by Reynaldo Marquez

VanEck Files For Ethereum ETF As ETH’s Price Staggers

According to a Form S-1 filed with the U.S. Securities and Exchange Commission (SEC), asset manager VanEck Digital Assets has filed for an Ethereum Exchange Traded Fund (ETF). Called VanEck Ethereum T...
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Crypto 15/04/21 21:00 by Reynaldo Marquez

Coinbase Effect: Is Crypto Ready For The Incoming Herd?

If the pro-Bitcoin actions of titans Goldman Sachs and JP Morgan have been insufficient, the traditional market seems to have given cryptocurrencies its blessing yesterday, with the debut of Coinbase ...
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Bitcoin 14/04/21 21:35 by Tokoni Uti

Coinbase Successfully Becomes First Major Bitcoin-Focused Company To Test The U.S. Public Market

Coinbase, one of the biggest and most successful cryptocurrency exchanges in the world, made its trading debut on the NASDAQ on April 14, 2021. This marked one of the first-ever instances of a crypto...
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Crypto 02/04/21 11:20 by Brenda Ngari

Coinbase Will Begin The Public Trading Of Its Stock On April 14

Coinbase set to go public with a direct listing in two weeks. The San Francisco-based cryptocurrency exchange is also planning to hold its first quarter 2021 earnings call before the April Nasdaq lis...
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Other 25/03/21 21:07 by Bernice Nyambura

Central Banks Should Develop Globally Interoperable CBDCs – China Proposes

Central Bank Digital Currencies (CBDCs) should have a set of rules applicable globally to deal with highly sensitive issues like information sharing and monitoring. This is according to a new proposa...
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Other 20/03/21 21:10 by BitcoinPrbuzz

Fun-Based NFT Project Degenasaurs Goes Live and Listed on OpenSea

Degenasaurs, a fun-based NFT art project that was developed by crypto, art, and NFT enthusiasts is now live and listed on OpenSea. The project was listed on OpenSea, one of the world’s largest digi...
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Bitcoin 06/03/21 11:03 by Steven Msoh

Grayscale Bitcoin Trust at its Highest Discount Ever Could Signal Price Rise to $100K

The Grayscale Bitcoin Trust (GBTC) has been having its adversest month in its seven-year history. GBTC has dropped to nearly a 12% discount, its highest ever. However, according to one analyst, this ...
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Bitcoin 04/03/21 21:00 by Tony Spilotro

Bloomberg Chief Analyst Says Bitcoin Could “March To $100,000” From Here

Bitcoin is currently struggling to reclaim $50,000, but one chief Bloomberg analyst says that the cryptocurrency could be ready to “march” toward $100,000 per coin in the near term. Here&r...
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Bitcoin 25/12/20 02:00 by Tony Spilotro

Shark Tank Investor Slams Bitcoin, Crypto: “Not An Institutional Product”

Bitcoin in 2020 has finally attracted institutional investors with serious wealth and capital to throw around. And it is exactly why the leading cryptocurrency is trading well above its previous peak ...
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Bitcoin 18/11/20 12:49 by Bernice Nyambura

One Of The Richest Men In The World Just Invested In Bitcoin

The world’s 166th and second wealthiest businessman in Mexico Ricardo Salinas Pliego revealed that he has invested 10% of his liquid portfolio into Bitcoin. “Many people ask me if I have bitco...
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Bitcoin 18/11/20 11:00 by Nick Chong

Mexican Billionaire Reveals He Put 10% of His Portfolio in Bitcoin

It’s totally fair to say that the institutional investors are finally entering the Bitcoin and crypto-asset markets. Bitcoin has seen a strong rally over the past few weeks and months. In the pa...
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Bitcoin 11/11/20 15:01 by Yashu Gola

Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling

Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior co...
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Crypto 24/10/20 17:23 by Bernice Nyambura

There Won’t Be Any Stablecoin For The Digital Yuan If PBoC Implements Revised Banking Law

China’s Central Bank, the People’s Bank of China (PBoC) is looking to revise the current banking law to legalize the Digital Yuan and prohibit the development of any tokens pegged to the digital ...
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Bitcoin 24/10/20 03:00 by Tony Spilotro

Bloomberg Intelligence Strategist Hints At Bitcoin Bull Run In 2021

Earlier in 2020, Bloomberg Intelligence claimed Bitcoin would soon reach $12,000 and would be a primary beneficiary in the post-pandemic world. The prediction coming true has the analyst who made the ...
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Other 13/10/20 20:30 by Bernice Nyambura

China Awards Shenzhen Residents with 200 RMB in its DCEP to Spend and Test Out Locally

China is forging ahead with the latest testing of its digital currency electronic payment (DCEP) that is awarding lottery winners tickets in Shenzhen with 200RMB (30 USD) in DCEP to test out and spen...
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Crypto 23/09/20 19:46 by Brenda Ngari

The People’s Bank Of China Just Delivered A Death Blow To Local Crypto OTC Dealers

Cryptocurrency over-the-counter (OTC) merchants in China have an existential challenge ahead. The central bank of China, the People’s Bank of China, is blacklisting the accounts of OTC traders in t...
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Bitcoin 17/09/20 05:00 by Nick Chong

MicroStrategy’s Stock Continues to Soar After Bitcoin Purchase

On Tuesday, the NASDAQ-listed business services company MicroStrategy bought $175 million worth of Bitcoin. This came just weeks after the company siphoned $250 million into the leading cryptocurrency...
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