Latest News About Cryptocurrency

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Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America

In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According to Infobae, the hedge fund “exclusively” targets qualified investors whose minimum investment

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Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Be Regulated and Not Prohibited

In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary authorities must consider providing a “robust regulatory regime” that addresses their

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Bitcoin Witnesses 10% Tumble As Market Crash Intensifies

The crypto markets are an insane place, really. A testament to this would be the ongoing market crash affecting all the major currencies. On Friday, Bitcoin just up and lost 10% of its value, primarily thanks to retail traders getting spooked and selling off $100 billion within the crypto market. At the time of writing,

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Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund

As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam. Bogus Platform Is Set to Be Launched in March, Say Scammers According to a post from the cybercrime unit

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China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out

A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain are completely sold out. Bitcoin Mining Rig Manufacturers Experience a Device

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More Than Half of Australian Investors are BTC Hodlers: Survey

A recent survey carried out on 2000 Australian investors revealed that crypto takes the top spot for the number of new investors coming in.  Aussies Love Bitcoin The poll conducted for Melbourne-based crypto exchange BTC Markets showed that 12.6% of Australian investors hold Bitcoin or other digital assets compared to 12.1% who own precious metals.

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Bitcoin Price Prediction: BTC/USD Slumps Below $45,000, Price May Drop More

Bitcoin Price Prediction (BTC) – February 26 The Bitcoin price is down from $57,577 to $44,150 in the last 5 days. No quick recovery seems possible for the coin at the moment. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000 $59,000 Support Levels: $38,000, $36,000, $34,000 BTCUSD – Daily Chart BTC/USD

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Miami Secures $4.8B Investment from Dubai Private Equity Group

Dubai-based private equity firm IBC Group wants to help Miami become a crypto-centric city with its recent investment. The private investment firm has pledged a startling $4.8 billion to make Miami’s dream of becoming the go-to destination for companies in the crypto sector a reality. This will see them part with an equivalent value of

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‘Stop the Steal’ Movement Organizer Reappears on Clubhouse

Ali Akbar, better known for his role in the Jan. 6 US Capitol attack, has made a re-appearance after being on the run for weeks. Akbar, known publicly as Ali Alexander, is the self-claimed organizer of the “Stop The Steal” movement that sought to contend the November 2020 presidential election.  Ali Looks To Bitcoin And

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Bitcoin ETFs Are On the Table Again With New Proposals and Approvals

In February, several investment firms worked toward creating Bitcoin ETFs, a long-awaited cryptocurrency investment vehicle. The Canadian firm Purpose Investments has just earned approval, while NYDIG and Grayscale have weighed in on the matter. What Are Bitcoin ETFs? Bitcoin exchange-traded funds, or ETFs, are investment vehicles that mirror the price of Bitcoin itself and provide

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Hashbon Launches Its HASH Token and Gets Listed on Coinsbit

PRESS RELEASE. Established in 2016, Hashbon aims to provide payment services for both business and individual clients. One of the key differences between Hashbon and other crypto payment providers is that Hashbon charges 0% commission for crypto payments processing. Buyers pay and sellers receive exactly the same amount of cryptocurrencies that they are transacting to

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Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians.” Crypto Not Money Immediately following the announcement of the

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Simplex and Skrill Broaden Cryptocurrency Convenience by Launching New Onramp Solutions

As enthusiasm for cryptocurrency mounts amid strong demand from retail and institutional investors, financial service providers Simplex and Skrill are building more inroads into the ecosystem, focusing on improving transactability and convenience. The digital payment services continue to expand the accessibility of the cryptocurrency landscape by backing direct token withdrawals and support for in-browser wallets.

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Oxygen Protocol to List OXY Tokens on BitMax

PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the joint primary listing of the Oxygen token (OXY) with auction facilitation for its platform users. The auction will begin on Bitmax on March 11 at 9:00 a.m. EST and the listing will go live on

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Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users

According to a new study conducted by Crypto.com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million cryptocurrency users in January 2021. January’s Bitcoin Rally Accumulated a 15.7% Jump

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