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Cryptocurrency News

Investing In Crypto Is Now Possible In Germany

Kavon Hyatt | July 8, 2021 | Leave a comment
As the capability to invest in crypto becomes increasingly complicated, with many nations either actively supporting it or doing everything possible to make sure that it does not happen, it now looks like Germany shall be allowing crypto investments...
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Around 45% Of The BTC Mining Industry Is Reportedly Relocating: Is It Good News For BTC?

Kavon Hyatt | July 7, 2021 | Leave a comment
Right now, as the Bitcoin (BTC) hash rate is moving away from China, it has also dropped noticeably. Chinese crackdown has forced 45% of crypto miners to relocate, but Bitcoin (BTC) is not affected much from this. Undoubtedly it...
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BTC Billionaire Mircea Popescu Was Found Dead On A Beach In Costa Rica Last Week

Kavon Hyatt | July 4, 2021 | Leave a comment
Tuur Demeester, an expert crypto investor and writer of Bitcoin Reformation tweeted that renowned Bitcoin proponent Mircea Popescu has died in a tragic incident. CRHoy, a local media outlet, reported that a male tourist named Mircea Popescu had been...
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Famous NFT Marketplace Rarible Raises Over $14M In Series A

Kavon Hyatt | June 30, 2021 | Leave a comment
Rarible, an NFT marketplace, has secured $14.2 million in a Series A investment headed by venture capital firms CoinFund and Venrock, with participation from venture and advisory firm 01 Advisors. In conjunction with the announcement, the platform also stated...
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India’s Existing Law Might Mandate A 2 Percent Levy On Digital Assets Purchased From Offshore Exchanges

Kavon Hyatt | June 29, 2021 | Leave a comment
The current Indian law could sanction a 2% levy to be implemented on the crypto transfers from the offshore exchanges working in the Indian market. As the local sources report, it is expected that the equalization levy, which is...
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The Actual Value Of NFTs Is Yet To Be Determined But Their Popularity Is Growing

Kavon Hyatt | June 27, 2021 | Leave a comment
NFTs (non-fungible tokens) have often been considered to be both an innovative and revolutionary technology. However, the argument could be made that we have yet to ascertain the true value of NFTs. This is because many celebrities and people...
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ShapeShift CEO Says Governments Do Not Realize What Is Gonna Happen With BTC

Kavon Hyatt | June 24, 2021 | Leave a comment
El Salvador’s decision to legalize Bitcoin sparked differing reactions all over the globe. On one hand, proponents and advocators of Bitcoin appreciated this venture while on the other hand several legislative bodies criticized cryptocurrencies by labeling them as risky...
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DeFi Exchange Kyber Teams Up With Polygon In A Bid To Boost Liquidity

Kavon Hyatt | June 23, 2021 | Leave a comment
The Kyber Network has now officially aligned itself with Polygon (MATIC) in an attempt to improve liquidity via the latest rewards program. The announcement had come yesterday via a blog post, where the network had made it known that...
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Texas Could Be The Next Destination For Chinese BTC Miners

Kavon Hyatt | June 21, 2021 | Leave a comment
China has become a kind of ‘dead zone’ when it comes to Bitcoin (BTC) and cryptocurrencies in general. 75% of the world’s total BTC mining hash rate had previously come from China, and ever since the ban had been...
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Two PayPal Leaders Rolls Out International Decentralized Payment Network

Kavon Hyatt | June 18, 2021 | Leave a comment
The transfers would get quicker and faster with the help of blockchain technology by incorporating a peer-to-peer system for stablecoins. The two of the ex-PayPal leaders inaugurated the first payment network, which works internationally using stablecoins to regulate the...
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