May 2021 | Page 62 of 125 | Last Cryptocurrency News Feed

Chance of a price crash increases as Cardano (ADA) futures near $1B

Cardano's (ADA) impressive 816% gain in 2021 catapulted the smart-contract platform's market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone, the absolute leader, Ether (ETH), held the same valuation just six months ago.As Cardano's price evolves, so do its derivatives markets, and the nearly $1 billion futures open interest…

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Argo, DMG Blockchain Join Group Promoting Bitcoin Mining Decarbonization

Bitcoin mining firms DMG Blockchain Solutions and Argo Blockchain have joined an accord promoting industry decarbonization.Bitcoin mining companies Argo Blockchain and DMG Blockchain Solutions have partnered with the Crypto Climate Accord (CCA) to promote industry decarbonization.Per a press release, in conjunction with CAA, both firms are developing a new working group to articulate the accord’s…

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BlackRock Chief Investment Officer Rick Rieder Thinks Bitcoin Is Durable

Rick Rieder, a chief investment officer for major asset manager BlackRock, recently touted many positive attributes of bitcoin.Rick Rieder, BlackRock's chief investment officer of global fixed income and head of the global allocation team, recently made notably positive comments regarding Bitcoin during an appearance on CNBC's “Squawk Box.”"Bitcoin is an interesting asset," said Rieder. "I…

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Delphi Digital forms $5 million NFT investment ‘syndicate’

Delphi Digital, a multi-service cryptocurrency investment, consulting, and research firm, has announced today the launch of "Delphi INFINFT," a new investment wing focused on NFTs and the NFT ecosystem.Per a post of Twitter, the fund will invest upwards of $5 million into “NFT marketplaces, DAOs, social tokens, fractionalization, NFT infrastructure, and any other new developments…

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Square not revisiting its Bitcoin allocation, but still interested in the asset

Square appears content with its Bitcoin holdings for now. 1806 Total views 16 Total shares Over the course of 2020 and 2021, Square bought over $200 million worth of Bitcoin. At present, the payments company does not anticipate picking up more of the asset, according to its chief financial officer, Amrita Ahuja. In an interview with…

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Square Has No Plans to Buy More Bitcoin, Says CFO

This comes on the back of a large Bitcoin dip following the most recent news that came from Tesla and its decision to halt bitcoin payments for its products. A Slowdown of Enthusiasm The unbridled electric energy in the air surrounding Bitcoin briefly halted after major cryptocurrencies plunged over 20% shortly following Elon Musk’s announcement…

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Bitcoin Miner Greenidge Generation Commits To Being Carbon Neutral By 2021

Greenidge Generation has announced it will offset all greenhouse gas emissions from its bitcoin mining operations by June 2021.According to a press release sent to Bitcoin Magazine, Greenidge Generation Holdings’ bitcoin mining operations facility in Upstate New York will be entirely carbon neutral by June 1, 2021.“Greenidge will purchase voluntary carbon offsets from a portfolio…

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Price analysis 5/14: BTC, ETH, BNB, DOGE, ADA, XRP, DOT, BCH, LTC, UNI

The Crypto Fear and Greed Index has dipped to levels not seen since April 2020, indicating that traders are nervous about Tesla backtracking on accepting Bitcoin (BTC) payments, Bitcoin's multi-week technical weakness and U.S. regulator's supposed investigation into the business operations of Binance exchange. This nervousness also led to a massive inflow of 30,000 Bitcoin to…

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Argentina’s tax body reportedly asks crypto firms to report all activity

Argentina’s tax authority AFIP reportedly ordered domestic crypto exchanges and payment firms to provide monthly reports of all kinds of operations. 4726 Total views 22 Total shares A tax authority in Argentina is reportedly looking to scrutinize operations involving cryptocurrencies like Bitcoin (BTC).Argentina’s Federal Administration of Public Income, or AFIP, has ordered domestic crypto exchanges…

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Argentina Authorities Require Bitcoin Exchanges To Provide Transaction Data

Government authorities in Argentina are requiring cryptocurrency exchanges in the country to provide monthly data on users and transactions.Despite various anti-free market policies discouraging bitcoin use in Argentina, adoption has continued to accelerate in the capital control-stricken country. In the government’s most recent move, the Federal Administration of Public Revenue (AFIP), essentially the Argentinian version…