News.Fintech Zoom Lead Writer Jamie Redman Named Among the finest Crypto Bloggers
Lead Writer in News.Fintech Zoom, Jamie Redman has produced Redeeem.com’s record of twelve potent go-to crypto bloggers. Redeeem states the list contains names behind several of their very informative crypto news posts. In its citation, Redeeem states Jamie Redman, who’s … read more.
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
South Korea will currently tax gains made from selling and buying of cryptocurrency in 20% after the authorities consented to the conclusion on Wednesday. The conclusion was reached after months of disagreement. As per a tax policy modification see released … read more.
US Regulator Green-Lights Banks for Cryptocurrency Custody Services
The Office of the Comptroller of the Currency (OCC) has explained that national banks and federal savings institutions may offer cryptocurrency custody services for clients. The OCC sees banks supplying crypto custody solutions as “a contemporary form of conventional bank … read more.
The Way Billion-Dollar Crypto Scams Lure Victims
In the past week, reports emerged that some important members of those Onecoin scam were discovered dead in Mexico. Based on reports, both Oscar Brito Ibarra and Ignacio Ibarra may have been murdered and tortured but the reasons behind … read more.
Us Federal Court Ruling — Bitcoin Is a kind of Cash
A US Federal Court stated Friday the bitcoin is a sort of cash insured under the Washington D.C., Money Transmitters Act (MTA). The court made this decision since it denied a motion to dismiss criminal charges against Larry Dean Harmon, … read more.
Direction Feud in Bitmain: 10,000 Antminers Proceed Missing in Inner Mongolia
Reports detail which 10,000 Antiminers have been stolen by a Bitmain centre in China. Sources say the mining rigs concern that the continuing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Fintech Zoom reported … read more.
Hyperinflation Hits Lebanon: Food Costs Soar 200%, Largest Crisis Since Civil War
Lebanon has entered hyperinflation, the first nation in the Middle East and North Africa to achieve that. Having a 462% yearly inflation rate and food costs increasing by nearly 200% this past month, Lebanon has joined Venezuela at hyperinflating. The … read more.
Live-Streaming Service Twitch Gives Clients 10% Ignore should they Purchase Cryptocurrency
The live-streaming support Twitch is presently supplying a 10% subscription discount for those that enroll with cryptocurrency. The newest offer from Twitch leverages the Bitpay payment processor, since it is the very first crypto-based discount advertising from a firm of the … read more.
Cyclebit Empowers Merchants to accept Crypto Payments In-Store, Online and On-The-Go
Cyclebit is an crypto payment processor which enables retailers to easily take digital assets obligations everywhere, in both offline and online environments. It’s a global company established in Canada, the U.S., Europe, and Southeast Asia. Cyclebit now supports … read more.
29 Cryptocurrencies Delisted on Liquid Exchange to obey Singapore’s FATF Crypto Legislation
A significant Japanese cryptocurrency exchange, Liquid, has delisted 29 cryptocurrencies to obey the crypto regulation in Singapore in an attempt to be a certified crypto exchange operator in the nation. Singapore has been improving its crypto regulation line … read more.
Americans to purchase Bitcoin With Their Secondly Stimulus Checks After First Investment Turned in 50% Gain
U.S. investors may be intending to use their next $1,200 stimulation money to purchase bitcoin – . The U.S. government is, on Monday, expected to approve plans for this instant payout, White House officials have verified. The bailout is supposed … read more.
Bitcoin Charges Skyrocket 590% Considering Mid-June – Supporters Think Mempool Size Is ‘Bullish’
Bitcoin prices have grown considerably larger lately spiking into some two-month high to $3.80 per media trade. The crypto asset’s prices have soared 590% since June 14 along with the mempool (trade backlog) has increased significantly. Digital currency markets … read more.
Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach
Approximately two,500 stolen bitcoins ($28 million) in the 2016 Bitfinex violation were moved out of the hacker’s pocket Monday. The previous time that the Bitfinex hackers transferred funds out of the hack years back, they proceeded approximately $5 million worth of … read more.
Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria
Nigeria isn’t just Africa’s largest cryptocurrency marketplace but can also be a major adopter of electronic currencies worldwide. Official figures show the nation is ahead of African American nations. Citizens of the West African country utilize cryptocurrencies for cross … read more.
Goldman Sachs Warns US Dollar Hazards Losing World Reserve Currency Status, Gold and Bitcoin Soar
Goldman Sachs has cautioned that the U.S. buck may shed its standing as the world’s reserve currency. The investment bank is bullish on gold as worries over authorities debasing their fiat currencies increase and actual interest rates are pushed to … read more.
Swiss Exchange SIX Lists Actively Managed Bitcoin Exchange-Traded Product
Switzerland’s main stock exchange SIX Swiss Exchange will be list a brand new bitcoin exchange-traded merchandise (ETP). The BTCA indicator, otherwise called the “Bitcoin Capital Active ETP (BTCA),” differs from many other crypto ETPs traded on SIX because it is an “actively … read more.
Coinbase Sees More Institutional Investors Purchasing Bitcoin at H1
Coinbase states more institutional investors are currently using its platform to construct direct rankings in the cryptocurrency marketplace. Crypto fund managers are currently gaining more capital from institutional investors who see the crypto marketplace as a different investment plan. In … read more.
Bakkt Futures Volume Ranked $122 million, as Bitcoin Reached New 11-Month High
Volumes on bitcoin futures provided by Bakkt establish a record high on July 27, together with 11,500 contracts traded over the institutional exchange. Absolutely, the contracts are worth roughly $126 million, in the time of composing. Each contract is equal to … read more.
Bitcoin’s Present Breakout Sets Up it for $28,000, Headed for Six Statistics – Max Keiser
Max Keiser has predicted that bitcoin’s current bullish pattern may cause a price of $28,000. Though the bitcoin bull doesn’t offer a time when this is very likely to occur, he considers that, due to constant government cash printing, … read more.
Crypto Hardware Wallet Business Ledger Hacked, One Million Client Emails Exposed
Ledger stated on Wednesday its e-commerce database has been murdered in late June, compromising roughly one million email addresses. No consumer funds were influenced by the violation. In a blog post, the French bitcoin hardware pocket firm revealed that touch … read more.
Electricity Plants in Iran Currently Licensed to Mine Bitcoin
Electricity plants in Iran are permitted to mine cryptocurrencies, the deputy head of the nation’s Power Production, Distribution, and Transmission Company (Tavanir) has allegedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, clarified that things need to apply for the … read more.
93% of Bitcoin’s Supply Profitable at $11K, ‘Realized price’ Recovers from Dark Thursday
Onchain statistics proves that bitcoin’s breakout over $11,000 places 93% of the circulating source in a country of gain. Furthermore, seven-day metrics reveal that bitcoin’s “realized price” has recovered in the reduced that happened on March 12. The study … read more.
Ethereum price Creates GPU Shortage, Some Manufacturers Blame Nvidia
Throughout the previous four months, cryptocurrency markets have accumulated substantial value, along with the crypto advantage ethereum gained over 40% throughout the past 30-days. The price of ether moving northbound has generated a strain on the graphics processing unit (GPU) marketplace, … read more.
Novogratz: Global ‘Liquidity Pump’ May Keep Bitcoin Growing, price to Attain $20K That Year
Billionaire investor Michael Novogratz said worldwide “liquidity pump” from stimulation packages will continue driving bitcoin’s price higher. He anticipates that the price of bitcoin to achieve $20,000 this season, fueled by international investors changing into the cryptocurrency. Mike Novogratz’s Bitcoin Prediction … read more.
The Onecoin Debacle: Indictments Unsealed, two Dead in Mexico, Story Gets ‘Darker’
The Onecoin fiasco is still making headlines these days as numerous alleged money laundering firms were subjected on July 25, two Onecoin leaders were murdered in Mexico, along with the British writer Jamie Bartlett disclosed a brand new “Missing … read more.
Bitcoin prices $11,000 Reigniting Interest in India
A resurgent bitcoin is rekindling Indian curiosity in cryptocurrencies with reports indicating many dormant holders return to trading. A report in Livemint can be attributing the piqued attention to some current Indian supreme court decision to overturn a prohibition … read more.
Privacy-Enhancing Protocol Cashfusion Completes Security Evaluation
Only a couple of days ahead of this bitcoin cash anniversary, BCH fans discovered the Cashfusion audit from Kudelski Security has become complete. Electron Cash engineer Jonald Fyookball declared the audit was completed and stated the protocol “passed, largely … read more.
Zero Collateral: $138 Million at Defi Flash Loans Issued in 24 Hours
The decentralized fund (defi) domain continues to heat up with notions like return farming, however another strategy called defi flash loans has also increased exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. … read more.
Tether Prints $300 Million, While XRP Reclaims Third Spot
Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the … read more.
Bybit presents World Series of Trading (WSOT) – 200 BTC Prize Pool up for Grabs
whilst movie theaters may be unusually empty this time of the year, a different kind of summer blockbuster is coming soon, one that promises to bring back the exhilaration of competitive crypto trading with up to 200 bitcoins (BTC) prize … read more.
‘Huge Demand at India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared details with news.Fintech Zoom, stating which “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Enormous demand … read more.
Significant Investment Bank Oppenheimer Bullish on Bitcoin, Highlights rather than Gold
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and contains “run a little,” bringing focus to bitcoin instead. He sees that the cryptocurrency turning its downtrend in the $20K summit, profiting from the dollar’s weakness. Oppenheimer Analyst on Bitcoin … read more.