Bitcoin (BTC)
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Bitcoin price decreases on China FUD which Still Allows Individuals to Hold Cryptocurrency
China has reiterated its ban on financial institutions and payment companies providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. However, China has not barred individuals from holding cryptocurrencies. Additionally, some Mainland Chinese courts have recognized Bitcoin as a “virtual commodity” or “virtual asset” (see (2019) Hu 01 Min Zhong No. 13689) More
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U.S. Treasury Calls for Financial Institutions to Share Account Information for Taxation
The Treasury Department on Thursday announced that it is taking steps to crack down on cryptocurrency markets and transactions, and said it will require any transfer worth $10,000 or more to be reported to the Internal Revenue Service, and seeks to leverage information financial institutions already have on customers. More
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Visa Announced Upcoming ‘Pay With Crypto’ Feature
In another 2021 digital currency milestone, Visa announced it is the first major payments network to settle a 100% cryptocurrency transaction. More
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Coinbase Pro Adds Support for Cardano’s ADA
Coinbase Pro is adding support for Cardano’s ADA, with trading beginning Thursday once sufficient supply of ADA is established on the platform, the exchange announced Tuesday. More
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Cardano 92% Decentralized with 100% coming by the End of March 2021
Cardano (ADA) continues to be the talk of the town as it hits 92% decentralization and is scheduled to be 100% decentralized on March 31, 2021. More
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Coinbase files for direct listing after Crypto Fees and Revenue Doubles in 2020
Cryptocurrency exchange Coinbase on Thursday filed to become a public company and revealed that its fees and thus revenue more than doubled last year to $1.4 billion. More
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Dubai Based Global Crypto Fund to Buy 750 Million of Cardano (ADA) and Polkadot (DOT)
Dubai fund to sell off 750M USD worth of their Bitcoin holdings to increase the company’s positions in Cardano (ADA) and Polkadot (DOT) More
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Payment Processor Square Announced it bought $170 million worth of Bitcoin
Square bought $170 million worth of bitcoin, the company revealed in its fiscal fourth-quarter financial report Tuesday. More
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Elon Musk Hinting at Cardano (ADA) by Changing His Twitter Avatar to a “Fork in The Road” ?
Elon Musk has, once again trolls cryptocurrency community, causing a stir on Twitter after changing his display picture to a “fork in the road, and some think he may be referencing Cardano (ADA). More
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Bitcoin Gets Apple Pay support via BitPay enabling Users to Spend cryptocurrency via their Mastercards
BitPay announced this week that they’ve begun functioning with Apple Wallet. They announced that users of the BitPay Prepaid Mastercard can now add their card to their iPhone’s Apple Wallet. With the BitPay Prepaid Mastercard in an Apple Wallet, the user can spend with Apple Pay. More
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Visa backs Credit Card which will offer Bitcoin Rewards to card Holders
It’s may get easier to earn bitcoin thanks to the Bitcoin Rewards Credit Card. While there are debit cards by Coinbase and Fold that offer bitcoin rewards, this is stated to be the first credit card that rewards you with the cryptocurrency, instead of points or miles. More
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One of the oldest Bank BNY Mellon to offer Bitcoin and Crypto services
Bank of New York Mellon, the nation’s oldest bank, said Thursday that it will begin financing bitcoin and other digital currencies. More
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