• Chinese State-Owned Media Tout Cryptoasset Price Performance YTD in Rare Report
    CryptoGlobe latest articles - 8 minutes ago
    In a rare and coordinated effort, Chinese state-owned media have highlighted cryptocurrencies’ performance so far this year, pointed out cryptoassets were this year’s top-performing investment. The country’s top broadcaster, China Central Television (CCTV), published a three-minute news clip this Friday highlighting cryptoassets soared by 70% so far this year, and…
  • Twitter and Square CEO Jack Dorsey Talks About Blockchain and Bitcoin
    CryptoGlobe latest articles - 2 hours ago
    On Friday (September 25), Jack Dorsey, the CEO of Twitter and Square, spoke at this year’s Oslo Freedom Forum (OFF) explained the importance of blockchain technology to micro-blogging platform Twitter. Oslo Freedom Forum is “a series of global conferences run by the New York-based non-profit Human Rights Foundation (HRF) under…
  • Crypto Exchange KuCoin Gets Hacked
    CryptoGlobe latest articles - 3 hours ago
    On Saturday (September 26), Singapore-based crypto exchange KuCoin suffered a security breach, as the result of which a part of the cryptoassets in the exchange’s hot wallets were stolen. According to KuCoin Global CEO Johnny Lyu, who hosted a live stream that started at 04:30 UTC on September 26, here…
  • Winklevoss Twins’ Gemini Exchange Lists Seven New DeFi Tokens
    CryptoGlobe latest articles - 18 hours ago
    The Winklevoss twins’ cryptocurrency exchange Gemini has announced the listing of seven new decentralized finance (DeFi)-related tokens, including Uniswap’s UNI and Yearn.finance’s YFI. In an announcement, the cryptocurrency exchange revealed it’s also adding Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA). Gemini is also adding five new cryptoassets that aren’t…
  • TRON Partners With BitGo to Bring Wrapped BTC, ETH to Its Blockchain
    CryptoGlobe latest articles - 22 hours ago
    TRON has partnered with cryptocurrency services provider BitGo to create two new tokens on its blockchain, wrapped bitcoin and wrapped ether. These new tokens will reportedly be backed 1:1 by bitcoin in the case of wrapped bitcoin and by ether in the case of wrapped ether, by funds deposited at…
  • Stablecoins Surpass $20 Billion in Market Cap as Demand Keeps Rising
    CryptoGlobe latest articles - 1 day ago
    The total value of stablecoins in the cryptocurrency space is now above $20 billion as demand for cryptocurrencies pegged 1:1 with national fiat currencies – mainly the U.S. dollar – keeps on growing. According to data from Coin Metrics, the total value of stablecoins surpassed $20 billion this Thursday, September…
  • Russian Authorities Backlist Crypto Exchange Binance’s Website
    CryptoGlobe latest articles - 1 day ago
    Russian authorities have blacklisted the website of major cryptocurrency exchange Binance, although access to it has not been blocked by the country’s telecom regulator Roskomnadzor. In an announcement Binance published on its Russian telegram channel, it reveals Roskomnadzor added the cryptocurrency exchange’s website to the register of platforms disseminating prohibited…
  • Russia Proposes Jail Time for Undeclared Crypto Wallets
    CryptoGlobe latest articles - 1 day ago
    Russia’s Finance Ministry is drafting a new bill that would impose fines and up to three years in prison for crypto-asset investors who fail to properly disclose their holdings.
  • Iran to Use Electricity From Three Power Plants to Mine Bitcoin
    CryptoGlobe latest articles - 1 day ago
    Iran is set to use the energy of three power plants exclusively to mine bitcoin, according to an announcement from the country’s Thermal Power Plant Holding Company (TPPH).” According to local news outlet Tehran Times, power plants in Iran receive benefits and subsidies from the government on their fuel supplies,…
  • Crypto ETP Trading Volumes Plunged 74% Over the Last Month
    CryptoGlobe latest articles - 1 day ago
    Cryptocurrency exchange-traded product (ETP) trading volumes have plunged over 74% in the last month, as the prices of these products have also been dropping. According to cryptoasset data aggregator CryptoCompare, in its newly launched The Digital Asset Management Review, exchange-traded products dropped 74% over the last month from $186.5 million…
  • Bitcoin Addresses Moving BTC to Exchanges Doubled so Far This Year
    CryptoGlobe latest articles - 1 day ago
    The number of bitcoin addresses moving BTC to cryptocurrency exchanges has doubled so far this year, as users are seemingly moving their funds off of the blockchain and into centralized platforms. According to on-chain analytics firm Glassnode, there are currently around 100,00 unique bitcoin addresses sending BTC to cryptocurrency exchanges…
  • Equilibrium Has Started Its Testnet!
    CryptoGlobe latest articles - 1 day ago
    London, September 24, 2020. Equilibrium, the DeFi project, built on the Polkadot Substrate, has started its Testnet today. Equilibrium is creating a cross-chain money market, and represents an unprecedented offer in DeFi, combining pooled lending, decentralized stablecoins, synthetic asset generation, and trading. On the Testnet, users can already try the…
  • 3 Macro Factors Behind Risk-Off Sentiment That Is Punishing Bitcoin
    CryptoGlobe latest articles - 1 day ago
    On Thursday (September 24), the prevailing risk-off sentiment is continuing to punish risk assets, such as stocks and Bitcoin, as investors flock to the relative safety of the U.S. dollar. Since 2 September, U.S. stocks have experienced a significant correction. Here are the one-month charts for the three major U.S.…
  • Crypto Companies Are Showing ‘Significant Interest’ in Working With Visa, Executive Reveals
    CryptoGlobe latest articles - 2 days ago
    Terry Angelos, Visa’s global fintech lead, revealed in an interview that cryptocurrency companies have been showing “significant interest” in working with the world’s largest payments processor. Speaking to Forbes, Angelos revealed that cryptocurrencies firms want to work with Visa to “connect their clients to our network of 60-plus million merchants.2…
  • Social Capital CEO Chamath Palihapitiya Calls Bitcoin His Best Investment Bet
    CryptoGlobe latest articles - 2 days ago
    Billionaire venture capitalist Chamath Palihapitiya called bitcoin his best “bet” after investing in the crypto-asset in 2012.
  • Crypto Bull Lark Davis Points to New Trend for DeFi Market
    CryptoGlobe latest articles - 2 days ago
    Popular crypto influencer Lark Davis calls non-fungible tokens (NFTs) the next big thing for the DeFi industry, noting their application beyond digital art and gaming.
  • Winklevoss Twins’ Gemini Exchange Now Allows Buying Crypto With British Pound
    CryptoGlobe latest articles - 2 days ago
    On Thursday (September 24), crypto asset Gemini announced that it had launched in the UK. The Winklevoss twins—Tyler and Cameron Winklevoss—are the co-founders of Gemini Trust Company, LLC (which operates the Gemini digital asset exchange) as well as family office Winklevoss Capital Management, LLC. In a blog post published earlier today,Gemini CEO Tyler…
  • A Stronger U.S. Dollar Is Putting Downward Pressure on Gold and Bitcoin
    CryptoGlobe latest articles - 2 days ago
    On Wednesday (September 23), the rally in the U.S. dollar, which started on Monday, continued, leading to the U.S. dollar index (DXY) reaching a two-month high, and putting further downward pressure on both gold and Bitcoin. The “U.S. Dollar Index” (DXY)—which is “designed, maintained, and published by ICE (Intercontinental Exchange,…
  • Venezuela Legalizes Crypto Mining, Forces Miners to Use National Mining Pool
    CryptoGlobe latest articles - 2 days ago
    The Venezuelan government has published a new decree in the Official Gazette legalizing cryptocurrency mining, but with a catch: crypto miners have to use a national mining pool. According to local news website CriptoNoticias, the new decree was authorized by Joselit Ramirez, head of Venezuela’s National Superintendency of Crypto Assets…
  • Crypto Hedge Fund Seeks $50 Million to Invest in DeFi Tokens
    CryptoGlobe latest articles - 2 days ago
    Cryptocurrency money manager Panxora is reportedly looking to raise up to $50 million for a new hedge fund to buy tokens associated with the decentralized finance (DeFi) space, at a time in which prices have been dropping. The decentralized finance space has been growing exponentially so far this year, after…
  • Santiment: Current High Level of FUD Suggests Bitcoin Price Rebound Is Coming
    CryptoGlobe latest articles - 2 days ago
    The price of bitcoin and other cryptocurrencies tends to rise when social sentiment shows fear, uncertainty and doubt are affecting traders, as the crypto market’s behavior is emotional. According to crypto analytics firm Santiment, we’ve been seeing a high level of fear, uncertainty, and doubt (FUD) so far this month,…
  • CoinJar Introduces ‘CoinJar Bundles’ Designed to Simplify Investing in Cryptocurrencies
    CryptoGlobe latest articles - 3 days ago
    Cryptocurrency exchange and wallet service CoinJar, today announced the launch of “CoinJar Bundles’, designed to simplify the creation and management of diversified cryptocurrency portfolios, especially for new investors into the sector. CoinJar Bundles allow CoinJar customers to seamlessly purchase multiple cryptocurrencies in one transaction. CoinJar has curated a collection of…
  • Leading Crypto Payments Platform Wirex Announces Launch of $1.2 Million Crowdfunding
    CryptoGlobe latest articles - 3 days ago
    Leading crypto and fintech payments platform Wirex has announced a £1 million crowdfunding round that will be open to customers and fans of the service.
  • Bitcoin Bull Anthony Pompliano Bets on Blockchain as the Future for Digital Art
    CryptoGlobe latest articles - 3 days ago
    Anthony “Pomp” Pompliano is betting on blockchain being the future for the digital art industry, announcing an investment into the Winkelvoss-backed Nifty Gateway.
  • Majority of Yield Farmers Don’t Understand Smart Contracts or Risks: Report
    CryptoGlobe latest articles - 3 days ago
    A survey conducted by CoinGecko found the majority of yield farmers had no understanding of smart contracts or the risks involved in DeFi protocols, despite reaping enormous profits.
  • Indian Authorities Investigate $270,000 Crypto Exchange Scam
    CryptoGlobe latest articles - 3 days ago
    Indian authorities are reportedly investigating a cryptocurrency exchange scam that allegedly duped 43 investors out of more than $270,000 through supposed cryptocurrency investments. According to local news outlet Milenium Post, the Economic Offence Wing of the New Delhi Police is now investigating the operators of the Pluto Exchange, after receiving…
  • Bloomberg Analyst Explains Why He Remains Long-Term Bullish on Bitcoin
    CryptoGlobe latest articles - 3 days ago
    On Tuesday (September 22),  Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence (BI), Bloomberg’s research arm on the Bloomberg Terminal, offered some reassuring words for BTC HODLers. On Friday (September 18), the three major U.S. stock indexes closed flower for the third straight week.  One reason for the recent poor performance of…
  • There Are Now Over 10,000 Bitcoin ATMs Throughout the World
    CryptoGlobe latest articles - 3 days ago
    The number of bitcoin ATMs installed throughout the world has exceeded 10,000, and the United States continue to lead the rest of the world in crypto ATMs with 76% of machines installed. According to CoinATMRadar, the first Bitcoin ATM was installed back in 2013 and in seven years the industry…
  • Brazilian Fund Manager to Launch World’s First Crypto ETF with Nasdaq
    CryptoGlobe latest articles - 4 days ago
    Regulated Brazilian fund manager Hashdex has reportedly partnered with Nasdaq to launch the world’s first cryptocurrency exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX). According to a report published by local news outlet Infomoney, Hashdex has already obtained approval to launch the ETF, dubbed the Hashdex Nasdaq Crypto Index…
  • Crypto Markets in Turmoil As They Anxiously Watch the U.S. Stock Market
    CryptoGlobe latest articles - 4 days ago
    After another down day (September 21) on Wall Street, which followed a three-week losing streak, it is no wonder that today many crypto traders are nervously watching the U.S. stock market for some guidance on where crypto prices are headed. Concerns over the seeming inability of lawmakers in Washington to…