Crypto News

A survey reveals the number of bitcoin investors has tripled since 2018.

A recent survey has revealed that Bitcoin has gained traction with younger U.S. investors regarding awareness, interest, and ownership by a significant margin in the last three years. A survey conducted by global analytics and advice firm Gallup revealed...

Coinbasae Commerce adds support for Dogecoin payments.

According to a recent announcement, the mem-based coin Dogecoin became the seventh cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal. The platform currently supports Bitcoin, Bitcoin Cash, Ether, Litecoin. The platform also supports stablecoins, including Dai (DAI) and...

Bitcoin and Ethereum witness strong gains as the overall crypto market spiked by more than $100 billion.

Bitcoin and Ethereum witnessed strong gains in the last 24 hours as the overall crypto market cap spiked by more than $100 billion within a single day. Ethereum remained the best performing digital currency among the top 10, with...

Binance Australia partners with tax startup Koinly to assist users in reporting tax liabilities.

The Australian subsidiary of the leading cryptocurrency exchange Binance has increased the ability for users to accurately report tax liabilities amidst increased pressure from financial regulators. Binance Australia has partnered with cryptocurrency tax startup Koinly to assist users grappling...

China addresses U.S. senators’ warning letter to the U.S. Olympic Committee regarding digital yuan.

Earlier this week, Republican senators Marsha Blackburn, Roger Wicker, and Cynthia Lummis wrote a letter to U.S. Olympic and Paralympic Committee board chair Susanne Lyons expressing their concern regarding the use of digital yuan at the upcoming Winter Olympics...

Mastercard is planning to enhance its card program for crypto exchanges and wallets.

The US-based financial service provider giant Mastercard recently announced that the company is planning to enhance its card program for cryptocurrency exchanges and digital wallets. The company added that it is working with different partners, including Evolve Bank &...

Indian regulators want standardized disclaimers on crypto exchanges advertisements.

A high court in India has received a petition that seeks to have cryptocurrency exchanges include the disclaimers on their advertisements, ensuring they take up at least 80% of the screen. The Delhi High Court has issued notices to...

Bank of Korea names Ground X as its preferred bidder for its CBDC pilot.

According to the Kore Herald report, South Korea’s central bank, Bank of Korea, announced Ground X, a blockchain subsidiary of the nation’s tech giant Kakao Corp., as the preferred bidder for the partner position on its pilot digital currency...

US Republican senators express concern regarding the use of digital yuan at the Winter Olympics.

Three Republican United States Senators have expressed their concerns that China will use its central bank digital currency (CBDC) to spy on American athletes at the upcoming 2022 Beijing Winter Olympics. Senators Marsha Blackburn, Cynthia Lummis, and Roger Wicker...

Bitcoin drops below $30,000 for the first time in four weeks.

The price of bitcoin dropped below $30,000, going below the support level that had held for the past four weeks and potentially setting up the leading cryptocurrency for deeper price declines. The leading cryptocurrency was trading around $29,731 at...

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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...