Category: BTCUSDC

Charlie Munger Praises China’s Crypto Ban, Deems Crypto “Crazier than dot-com era”

The American billionaire investor, and the vice chairman of Warren Buffett’s Berkshire Hathaway, Charlie Munger presented his two cents about crypto, and it’s not a good look for the community. Today, at the Sohn Hearts and Minds conference, Munger expressed his extreme anti-crypto views, saying that he wishes cryptocurrencies had “never been invented”. He claimed […]

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Terra’s LUNA Eyes A Spot In Top Ten With 60% Weekly Gains and New All-Time High

While the broader cryptocurrency has been showing a sideways movement, Terraform Labs’ LUNA token has significantly climbed the ranks gaining 60% over the last week. Terra’s LUNA token has toppled some of the recent top performers like Polygon (MATIC), Shiba INU, and Avalanche (AVAX). As of press time, LUNA is trading 9.58% higher at a […]

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South Korea: Crypto VC Giant Raises $200M After Postponement of Crypto Taxation

After consistent efforts at crypto crackdown, South Korea appears to be gravitating towards a pro-crypto approach. The South Korean Crypto-focused Venture Capital firm, Hashed recently announced the launch of its $200 million fund, Hashed Venture Fund II, to invest in web3 oriented startups, which will incorporate metaverse, blockchain gaming, NFTs, and DeFi concentrated companies. South […]

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SEC Chief Calls for Centralization of Crypto Exchanges, Says “Work with us”

The infamous SEC Chief, Gary Gensler is back at it with more remarks on the need for regulations in the decentralized industry. Chair Gensler remotely spoke at the Digital Asset Compliance and Market Integrity (DACOM) Summit, asserting the need for crypto exchange platforms to get registered with the SEC in lieu of consumer protection. He even […]

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Jack Dorsey Takes A Big Bet on Blockchain and Crypto, Rebrands Square to Block

Two days after appointing India-born Parag Agarwal as the new CEO of Twitter, founder Jack Dorsey has set himself for another mission. The Twitter founder is hinting at putting a major focus on developments in the blockchain and crypto space. On Wednesday, December 1, Dorsey’s financial services firm Sqaure Inc. announced its rebranding to Block […]

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Breaking: Croatia’s Largest Supermarket Chain Starts Accepting Bitcoin (BTC) & XRP Payments

Croatia’s largest supermarket chain the Konzum retail chain will start accepting crypto payments on their online store starting today. Konzum is the first retail giant in Croatia to start accepting Bitcoin (BTC) and a few other altcoins as a mode of payment. Individuals as well businesses can now buy daily usage groceries and 12,000 products […]

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CB Insights Report: Crypto Investments & Startups in the US See 587% Hike Amid China’s Crypto Ban

Since the commencement of the Q4, crypto has experienced exceptional bulls, globally. Especially, given China’s active approach towards implementing a crypto ban, the former crypto hub’s start ups and investment giants are now moving into the US crypto market. According to CB Insight’s latest report, the value of venture investments in to crypto shot through […]

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Just-In: Crypto.com Buys Two Crypto Derivatives Platforms in the US For $216 Million

Crypto.com, the popular crypto trading platform is looking to expand its footprint in the US with a $216 million purchase. The crypto trading platform bought two crypto derivatives exchanges from the financial group IG Group Holdings. The deal is expected to commence by the first half of 2022.  Kris Marszalek, co-founder, and chief executive officer […]

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Breaking: $4 Trillion Asset Manager Launches Spot Bitcoin (BTC) ETF in Canada After US SEC Debacle

Fidelity Investments, one of the largest US asset managers with $4 trillion in AUM launched its first Bitcoin (BTC) spot ETF in Canada. The new spot ETF would be called Fidelity Advantage Bitcoin ETF and will be represented by the ticker symbol $FBTC. The fund will buy physical BTC from the market and issue shares against […]

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This Chinese Security Company Launched Tool to Monitor Crypto Mining, Here’s What They Found

The latest update in China’s crypto ban saw the Chinese security firm, 360, launch a system that monitors cryptocurrency mining behavior. To facilitate implementation of the Chinese government’s rectification measures to ban crypto mining, 360’s latest tool known as the ‘threat situation monitoring system’, has developed a mining variant. The system supports large network asset […]

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