Bitcoin price hits $100K for first time in history
Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win.
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Leaders of South Korean Crypto Exchange Komid Jailed for Faking Volume: Local Media
Two leaders of the South Korean cryptocurrency exchange Komid were reportedly sentenced to serve jail time for faking exchange volumes, Korean crypto media outlet blockinpress reports on Jan. 18.The exchange’s CEO, surnamed Choi, received a three-year sentence, while another company leader with an unspecified role was purportedly sentenced to two years imprisonment for fraud, embezzlement…

Bitcoin is a better gold than gold itself, Tyler Winklevoss says
Bitcoin may never escape its ongoing comparisons to gold. According to Tyler Winklevoss, co-founder of the Gemini crypto exchange, Bitcoin beats gold at its own game. "Bitcoin is better at being gold than gold — and not just incrementally, but by an order of magnitude or 10X better," Winklevoss said in a Sept. 21 tweet. Over the…

Nvidia Reports Full-Year Revenue Increases But Q4 Losses After Cryptocurrency ‘Hangover’
United States gaming and computer hardware manufacturer Nvidia has reported full-year revenue gains, the company confirmed in a press release about its Q4 earnings published on Feb. 14.Nvidia, which was one of the companies worst hit by the cryptocurrency market downturn and associated lack of demand of mining components, said its total 2018 revenue climbed…

Paul Tudor Jones’ Bitcoin Investments “Not A Surprise” Former Soros Adviser Says
Takeshi Fujimaki, a former adviser to George Soros, said it was "not a surprise" to hear Paul Tudor Jones' bitcoin revelation. 1518 Total views 47 Total shares When macro investor Paul Tudor Jones, or PTJ, confirmed he was investing in Bitcoin, it sparked an uptick for the whole crypto market. Many crypto traders welcomed his…

DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
Michael Patryn was doxed earlier this year to be the co-founder behind DeFi project Wonderland, which collapsed shortly after. 116 Total views 22 Total shares According to DeFi Llama, UwU Lend, a decentralized finance, or DeFi, protocol that acts as a money market on the Ethereum blockchain, has surpassed $50 million in total value locked…

Online electronics shop Newegg to accept Shiba Inu crypto during holidays
Newegg was one of the first online American retailers to accept crypto, starting with Bitcoin and eventually Dogecoin. 1915 Total views 40 Total shares Major American electronics retailer Newegg continues diving is enabling payments in major cryptocurrency and mem, Shiba Inu (SHIB).Newegg officially announced Nov. 29 that it will start accepting SHIB as part of…

New Indian Governmental Committee Favors Legalizing Cryptocurrencies, Media Reports
A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE) reported on Dec. 26.According to the article, an unnamed senior official who reportedly attended the panel’s meetings on cryptocurrencies stated:“There is a general consensus that cryptocurrency cannot be dismissed as completely illegal. It needs to…

Top 5 Crypto Performers Overview: BTC, EOS, METAHASH, ETH, TRX, ETC
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.The International Monetary Fund and the World Bank have launched…