Last week of April’s crypto update! Ripple is making some noise in the headlines with their Bitcoin mining proposal and their Former CTO’s XRP dump. Another is Facebook’s comeback in their digital currency Diem, which is about to launch its pilot this year. Both Ripple and Facebook have experienced opposition from regulators, yet there are still making great announcements in the community. We always look forward to more amazing news like these next month!
Eco-Friendly Bitcoin Mining Proposal
A lot of amazing news this week! Headlines about feature launches that support cryptocurrencies have been all over the news and social media platforms these past 7 days. Last year, we can still remember some huge names in the business industry being against crypto especially bitcoin, mostly because of its price volatility. However, now in 2021, we keep on reading and seeing progress toward crypto mass adoption.
Berlin Fork Live on Ethereum
Paypal Founder: Bitcoin is China’s Financial Weapon
We have heard and read from the news that two-thirds of cryptocurrency mining in the world takes place in China. China’s involvement in Bitcoin has risen suspicion to Paypal’s Founder, Peter Thiel. He commented in a virtual event that BTC is a threat to fiat currency especially the US dollar. Read more
Ripple’s Lawyers Highlighting the SEC’s Inconsistency
The US SEC was requested to provide its external and partially internal documents about the classification of Bitcoin and Ethereum as non-securities. Magistrate Judge Sarah Netburn has made a decision which was in favor of…
We have been believing in cryptocurrencies for how many years now. Highs and lows in the market, and so crypto’s volatility has been pointed out over and over again. JP Morgan, for example, mentioned BTC’s volatility as a massive issue for large organizations. But since BTC proves its declining volatility, they now believe that it will attract more institutional investors. Have a read and see the growth of the market in the past few days.
Ripple Acquired 40% Stake in Tranglo
We’re never running out of amazing news every week! We got two big companies, Visa and Paypal, now accepting cryptocurrencies as payment. There was another spotlight for Elon Musk as he declared in his tweet that you can use Bitcoin in buying Tesla. Cryptocurrencies have been around for more than a decade now. We are one step closer to mainstream adoption.
Buy Tesla with Bitcoin
Thailand Plans to Introduce Regulations for Stablecoins
The Bank of Thailand cautioned the citizens that the baht-pegged stablecoin, Thai Baht Digital (THT), has no legal assurances or protection and violates the country’s currency act. This coin was issued by the South Korean firm Terra. However, the Bank of Thailand is now leveling up as they are now considering the regulation of asset-backed and foreign currency-backed stable coins and algorithmic stablecoins, but not decentralized cryptocurrencies such as Bitcoin or Ether. Read more
A Call out to FCA Registration Delays
In the last 7 days, the crypto trends are still making some noise in the crypto community. Mainstream institutions and other sectors have already shown interest in jumping into the cryptocurrency industry. We believe that no one should be left behind in the current headlines. Have a read and stay updated!
Ethereum to the Moon with its Upcoming Layer-two Rollups
Vitalik Buterin has discussed the envisioned future of the Ethereum network once the second-layer scaling model rolls out. The layer-two solutions are designed to help scale applications by handling transactions off the main Ethereum chain or layer 1. Without declaring…
The biggest headlines in this week’s crypto are here! The UK crypto community must have been happy as UK tax authorities freeze capital gains tax. This has been considered a short-term victory for crypto investors. Another huge leap is the UNI crypto coin making it to the crypto’s top 10 as the first Defi DApp token included on the list. On the other hand, the top cryptocurrency, Bitcoin, was pumped by Norway’s richest man to $60M.
While there is such news that gives bullish impressions to the investors, other news such as Ripple and MoneyGram ending their partnership might not…
Niftykey, the crypto rewards platform powered by Boson Protocol, is proud to announce it has joined forces with coinpass, the UK based cryptocurrency exchange, to offer crypto rewards to coinpass customers.
Coinpass is an award-winning cryptocurrency exchange that makes buying, selling, trading, and holding cryptocurrency easy, safe & secure. Founded in 2018, coinpass was awarded “Best Cryptocurrency Exchange 2020” by the CITYAM group, as well as finalist for the Go:Tech-Business Leaders: Fintech Business of the Year 2020 award. NiftyKey’s crypto rewards platform is designed specifically to provide crypto exchanges the tools to differentiate in a crowded marketplace. Bringing competitive…
From March 1st, 2021 coinpass customers from supported countries can now deposit and trade with EURO for the following pairs:
From March 1st we will be supporting countries in the European Economic Area (EEA) as listed on our locations page: https://www.coinpass.com/legal/jurisdictions .
Trading accounts on coinpass are open to both individual investors and also businesses looking to trade Bitcoin and other cryptocurrencies with their limited company funds.
All EURO deposits are FREE of charge and transferred via SEPA instant, meaning your deposits are received fast and securely.
coinpass.com is committed to bringing crypto to more people with our fast, easy to use, and secure crypto investing & trading platform.
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