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Category: Bitcoin News

Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies
Bitcoin News

Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies

May 18, 20212 min read

The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into

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Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs
Bitcoin News

Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs

May 18, 20212 min read

A Wells Fargo analyst has predicted the largest “reduction in U.S. bank headcount in history.” Banks are expected to cut 200,000 jobs as they strive

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Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided
Bitcoin News

Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided

May 17, 20213 min read

Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring

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Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
Bitcoin News

Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021

May 17, 20214 min read

During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in

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Myspace Tom Anderson is ‘Buying The Dip,’ Posts Laser Eyes Meme on Twitter
Bitcoin News Cryptocurrency

Myspace Tom Anderson is ‘Buying The Dip,’ Posts Laser Eyes Meme on Twitter

May 17, 20213 min read

Myspace founder Tom Anderson has joined the heated chatter surrounding the recent crypto market drop. The now-retired entrepreneur expressed his feelings about the situation, posting

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Global Payments and GoCrypto Shape the New Era of Payments
Bitcoin News

Global Payments and GoCrypto Shape the New Era of Payments

May 17, 20215 min read

PRESS RELEASE. 17 May 2021 – The adoption of crypto payments by one of the world’s biggest payment solution providers can mean only one thing.

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Bitcoin Dominance Dips to 40%, Top Ten Cryptos Siphon BTC’s Market Supremacy
Bitcoin News

Bitcoin Dominance Dips to 40%, Top Ten Cryptos Siphon BTC’s Market Supremacy

May 17, 20213 min read

The crypto economy has dropped significantly in value during the last few days tapping a low of $2.06 trillion on Monday. Additionally, the leading crypto

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Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens
Bitcoin News

Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens

May 17, 20214 min read

After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On

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Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low
Bitcoin News

Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low

May 17, 20213 min read

The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting bitcoin for

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Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates
Bitcoin News

Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates

May 17, 20212 min read

In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop to a new low of

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