South Korean prosecutors have finally sold a Bitcoin (BTC) haul they confiscated from a criminal in 2017 and it’s worth $10.5 million more than it was at the time of the arrest. The cash has reportedly been deposited in the coffers of the country’s national treasury. According to reports coming out of the Suwon District Prosecutors Office, this is the first time confiscated Bitcoin has been sold by authorities, and the first time the coins in question have moved since Read more …
Chipotle Mexican Grill says it is giving away bitcoin and free burritos to celebrate National Burrito Day. The company has created a game where each participant will have 10 tries to guess a valid six-digit code for a chance to win a free burrito or up to $25,000 in bitcoin. Free Burritos and Bitcoin Giveaway Chipotle Mexican Grill (NYSE: CMG) announced Tuesday that “it will give away $100,000 in free burritos and $100,000 in bitcoin to celebrate National Burrito Day Read more …
Amid another bullish trend on cryptocurrency markets, total crypto market capitalization has broken a new historical record just unde $2 trillion. The market cap of all cryptocurrencies surpassed $1.9 trillion on March 31, according to data from major crypto monitoring resources like CoinGecko and CoinMarketCap. The total market cap reached as high as $1.99 trillion earlier on the day, hitting a new all-time record. Total market capitalization since July 2017. Source: CoinMarketCap Following a subsequent correction, the total crypto market Read more …
Decentralized Finance (DeFi) is one of the hottest sectors now. There are literally hundreds of projects coming up with similar investment and earning models that make it hard for investors to differentiate one from another, making it more challenging to find the right platform that offers better returns. Among all the DeFi projects, a newcomer CLEVER stands out, mainly due to its unique guaranteed interest model and a high degree of transparency. The project recently concluded the 30-day minting phase Read more …
South Korea, which has begun its COVID-19 vaccine rollout for residents over 75 years of age, has revealed plans to use blockchain technology to certify forthcoming vaccine passports for immunized citizens. According to Reuters, Prime Minister Chung Sye-kyun told a government meeting that a new mobile app will be used to manage digital proofs of vaccination, and is expected to launch later in April. Blockchain technology will be used to ensure that citizens are not able to forge evidence of Read more …
Day trading cryptocurrency involves entering and exiting multiple positions during trading hours on the same day. Typically, a day trader would never leave an open position overnight as they intend to profit through intraday price movements. Although day trading is a common strategy for a traditional financial instrument, it works perfectly well for cryptocurrency. Still, you must fully understand the fundamentals before diving into the market. Here are some tips! 1. Always trade with a reliable crypto exchange Crypto exchanges Read more …
Bitcoin (BTC) has seen its most successful Q1 in eight years as the Ides of March fail to materialize for hodlers. Data published by analytics resource Bybt as Q1 2021 came to an end showed that BTC/USD gained more in the first three months of this year than any since 2013. BTC price gains 103% in Q1 Despite not reclaiming all-time highs before Q2 began, Bitcoin put in a rare performance this March — normally, that month sees negative returns. Read more …
A non-fungible token investment firm is gearing up to raise 10 million pounds ($13.7 million) by listing on the Aquis Stock Exchange Global Market, reports Reuters. Dubbed NFT Investments, the firm was launched by the co-founders of crypto mining company Argo Blockchain. Described as an investment vehicle for unique digital artworks, NFT Investments expects the float to result in a company valuation of 25 million pounds ($34.4 million). The NFT market exploded at the turn of the year, with some Read more …
Japan has made another step toward adopting cryptocurrency Anti-Money Laundering regulations developed by the Financial Action Task Force, Cointelegraph Japan reports. The Japanese Financial Services Agency announced Wednesday that it will adopt the FATF’s travel rule — a set of regulations requiring virtual asset service providers to share transaction data for senders and recipients — by April 2022. “It is required to introduce and implement the travel rule regulations in each country,” the FSA noted. The FSA requested the Japanese Virtual Currency Read more …
Binance coin price started a fresh rally above the $280 resistance against the USDT. BNB is now trading above $300 and it might continue to rise towards $350 or $400. Binance coin price started a fresh rally above the $260 and $280 resistance levels against the USDT. The price is now trading well above $280 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $290 on the 4-hours chart of the Read more …
Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator. The reports add the transfer had been sanctioned by the Financial Sector Conduct Authority (FSCA), the country’s financial industry regulator. Confirmation of the Transfer According to a South African media report, the 1,200 BTC had been stuck in MTI’s account with FX Choice since June 2020. Similarly, Bitcoin.com News reported Read more …
Musician Adel Tesfaye, better known as The Weeknd, is set to release his first NFT via Nifty Gateway on Saturday. He follows in the footsteps of other musicians such as Kings of Leon, Grimes, Rico Nasty, and Ja Rule who recognize the ability of NFTs to put the power (and the dollars) back in the hands of artists. Excited to announce that my first NFT drop is taking place on Saturday at 2:00 pm EST on @niftygateway. The collection will Read more …