Wed, January 15

SBI Holding Plans To Shut Down Mining Operations in Russia

The company not only mines Bitcoin but also Bitcoin Cash and Bitcoin SV. The precise date when SBI will end its cryptocurrency mining in Russia is still unknown. Japanese financial services giant SBI Holdings, according to a Bloomberg report, is winding down its cryptocurrency mining activities in Russia. One of

August 20, 2022 2 mins read

Philippines Regulator Issues Warning Against Crypto Volatility

The central bank of the Philippines is the regulator of the crypto sector in the country. The central bank issued a warning that citizens are not insured against financial losses. Recently, Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, issued a public warning against unregistered and international crypto service

August 20, 2022 2 mins read

Bitcoin Miners Cash in Significant Earnings Before Price Fall

BTC has been able to maintain a $24,000 support level over the previous weeks. Over the last day, the value of BTC has fallen by over 8%. Many investors lost money this year due to the bears’ unexpected appearance. After the price of the Bitcoin fell below $20,000, Bitcoin (BTC)

August 20, 2022 2 mins read

Crypto Market Fumbles, Over $600M Liquidated in Last 24 Hours

Bitcoin is now trading at roughly $21,485, down 8.2% on the day. With $201.3M, Bitcoin is the most liquidated asset, followed by Ethereum with $132.7M. Today, the leading cryptocurrency, Bitcoin (BTC), dropped to a new weekly low of $21,344, according to data from CMC, continuing a three-day trend of unfavorable

August 19, 2022 2 mins read

New Restrictions Cap Yearly Crypto Purchases in Canada

The customer’s ability to make net purchases may be restricted in certain cases. The cap limit does not apply to 4 major cryptocurrencies. In order to comply with rules, Canadian cryptocurrency exchanges have implemented procedures to restrict yearly purchases of crypto assets to CAD 30,000 (USD 23,250), with the exception

August 19, 2022 2 mins read

Indian Authorities Join the Hunt for BitConnect Scam Mastermind

In a sophisticated pyramid scam, the scam caused participants to lose billions. The US government filed charges against Satish and his confederates in September 2021. BitConnect was launched in 2016 and was hailed as a major game-changer. As a result of its popularity among eager investors seeking huge profits in

August 19, 2022 2 mins read

Ukraine Spends Crypto Donations on Various War Equipments

A total of $6.9 million was then spent on armored vests. It was reported by Elliptic that $5 million came from Polkadot co-founder Gavin Wood. Yesterday, Ukraine’s Vice Prime Minister Mykhailo Fedorov detailed the use of $54 million in cryptocurrency contributions. The most expensive item was unmanned aerial vehicles (or

August 18, 2022 1 min read

Inflation in Eurozone Surges To 25-Year High of 8.9% in July

On July 21st, the European Central Bank (ECB) stated that it will raise interest rates. The Bank of England has already raised interest rates six times in a row. Inflation in the Eurozone reached an incredible high of 8.9% in July. The last time it was this high was 25

August 18, 2022 2 mins read

Investor Michael Burry Sells Off Almost Entire Stock Holdings

Scion bought an additional 501,360 shares of Geo Group Inc. The firm had as much as $165 million in U.S. equities. Scion Asset Management, Michael Burry’s investment business, said in a filing with the U.S. Securities and Exchange Commission (SEC) on Monday that it sold all of its stock holdings

August 18, 2022 2 mins read

BlackRock Offers Spot Bitcoin Exposure Through Private Trust

Clients will be able to control their Bitcoin exposures. After a purchase or sell order is placed, the transaction is finalized instantly. Financial institutions now have access to spot Bitcoin thanks to a private trust formed by global investment manager BlackRock. With this trust, institutional investors in the United States

August 11, 2022 1 min read
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