Crypto News

Bitcoin soars above $40,000 as the crypto market cap is back above $1.6 trillion.

The price of the leading cryptocurrency bitcoin has initiated another leg up, resulting in charting a new two-month high of just over $42,000. BTC's market dominance has increased to well above 48%. As reported earlier this week, BTC went...

China’s central bank says it will maintain heavy regulatory pressure on the crypto market.

The People's Bank of China has vowed to maintain heavy regulatory pressure on cryptocurrency trading and speculation after escalating its clampdown in the sector earlier this year, BNN Bloomberg reported. The central bank will also supervise financial platform companies...

Kazakhstan allows banks to serve crypto exchanges.

Kazakhstan has recently attracted the attention of the cryptocurrency world in recent months as one of the biggest destinations for block reward miners that are being forced out of China amid regulatory crackdown. Now the Kazakhstan government has allowed...

Crypto exchange Huobi is all set to dissolve its Chinese subsidiary.

Cryptocurrency exchange Huobi is to dissolve its Chinese subsidiary, originally set up to house the exchange in China, after moving its business from the country several years ago. The move sees Huobi join fellow cryptocurrency exchange OKEx in closing...

Ghana’s Vice President implores African governments to start exploring digital currencies.

The Ghanaian Vice President, Mahamudu Bawumia, has urged African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade. According to a report, Bawumia made these comments while addressing guests at the Ghana International Trade...

International Monetary Fund warns against making bitcoin national currency.

Earlier, El Salvador's 40-year-old president announced that he would be making the leading digital currency bitcoin legal tender in the South American country. The bold decision has faced a lot of criticism, including from the citizens who have taken...

Brazilian authorities seize $33 million worth of cryptocurrencies in a money laundering case.

Authorities in Brazil have seized over $33 million in a crypto laundering investigation involving more than a dozen fictitious companies. Brazilian authorities have been probing the money laundering ring for some time now and claim that even the crypto...

U.S lawmakers propose expanded crypto taxation to raise an additional $28 billion in revenue.

Last-minute additions to the bipartisan infrastructure deal in the United States Senate saw lawmakers propose expanded cryptocurrency taxation to raise an additional $28 billion in revenue. The latest proposal will implement more strict rules on businesses dealing with crypto, expand reporting...

NFTs Making Waves in the Olympics and across the Sports World

nWay, a subsidiary of Animoca Brands, is collaborating with the International Olympic Committee (IOC) to make NFT Olympic Pins available at the nWayPlay Marketplace. The company incorporates top-quality 3D models with visual effects and animations to make premium NFTs....

Bitcoin flirts with the $40,000 mark once again.

Coming after a two-week-long bearish loom that started on July 15, this is the second time the leading cryptocurrency bitcoin is trying to break $40,000 resistance in two days. Bitcoin briefly reclaimed its $40,000 mark before going back to...

Latest News

Bitcoin soars above $40,000 as the crypto market cap is back above $1.6 trillion.

The price of the leading cryptocurrency bitcoin has initiated another leg up, resulting in charting a new two-month high...