Latest Crypto News
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Mad Money’s Jim Cramer Advises $731M Powerball Jackpot Winner to Put 5% in Bitcoin
Bitcoin News - 25 January 2021, 12:30 amMad Money host Jim Cramer has provided some investment advice aimed at the latest Powerball jackpot winner of $731.1 million. He recommends putting 5% of the jackpot in bitcoin alongside several other investments, such as gold and real estate. Jim Cramer Says Put 5% of Powerball Jackpot in Bitcoin Someone won a Powerball jackpot worth…Read More
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Aave hits record $288 high as demand for flash loans and staking increases
Cointelegraph.com News - 25 January 2021, 12:02 amSurging volume, demand for flash loans and a strong rally in DeFi tokens pushed AAVE price to a new all-time high today. Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90. The decentralized finance protocol is one of the most popular in…Read More
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Cryptocurrency makes World Economic Forum's Davos Agenda
Cointelegraph.com News - 24 January 2021, 10:01 pmSessions devoted to “resetting digital currencies” are scheduled at this week’s Davos Agenda. The World Economic Forum’s upcoming Davos Agenda will feature two separate sessions on cryptocurrency, offering another compelling sign that digital assets have permeated mainstream consciousness. The sessions, titled Resetting Digital Currencies, will be held on Monday and Thursday. The first session will feature…Read More
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Key metrics show this week’s $4B Bitcoin options expiry favors bulls
Cointelegraph.com News - 24 January 2021, 10:00 pmA record $4 billion worth of Bitcoin options expire on January 29 and multiple indicators suggest bulls have the upper hand. Over the past two weeks, Bitcoin price appears to have lost momentum and some analysts are suggesting that bears will be in control for the foreseeable future. Taking a look at derivatives market data…Read More
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Harvard Economics Professor: Governments Will Not Allow Bitcoin on a Big Scale and They Will Win
Bitcoin News - 24 January 2021, 9:15 pmHarvard Professor of Economics and former Chief Economist at the International Monetary Fund (IMF) Kenneth Rogoff believes that governments will not allow bitcoin to flourish on a large scale. “The regulation will come in. The government will win,” he said. The professor also discussed the likelihood of a bitcoin bubble. Harvard Professor Warns of Strict…Read More
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Breach at Indian exchange BuyUCoin allegedly exposes 325K users’ personal data
Cointelegraph.com News - 24 January 2021, 8:39 pmBuyUCoin initially denied the reports of a data breach, but added that all user funds are safe. Users of Indian crypto exchange BuyUCoin have reportedly been affected by a breach compromising personal data of more than 325,000 people.According to a report from Indian news outlet Inc42, a hacking group by the name of ShinyHunters leaked…Read More
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Ethereum will become the main asset for investors in 2021
Cointelegraph.com News - 24 January 2021, 7:37 pmThe potential of Ether greatly exceeds Bitcoin, and the community is beginning to understand the value of ETH. During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed…Read More
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Crypto ETF Race Heats Up in 2021- Valkyrie Bitcoin Trust Files to List Shares on NYSE
Bitcoin News - 24 January 2021, 6:15 pm2021 has been an explosive year for bitcoin as the crypto asset has touched new all-time price highs as cryptocurrencies have seen increased demand. Meanwhile, a number of crypto proponents expect the first exchange-traded fund (ETF) to be approved this year as a number of firms are racing to launch an ETF. On Friday, the…Read More
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Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
Bitcoin News - 24 January 2021, 3:30 pmThe ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices of new mining rigs have doubled while second-hand…Read More
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Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business
Bitcoin News - 24 January 2021, 11:15 amA class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining operations. Lawsuit Alleges Crypto Firm’s Bitcoin Mining Business Is ‘Completely Fraudulent’ A class-action lawsuit was filed on Wednesday in the Southern District Court of New York against…Read More