JPMORGAN SURVEY SHOWS THAT 72% OF INSTITUTIONAL TRADERS HAVE NO PLAN TO TRADE CRYPTO THIS YEAR |1300 HKT | 0600 UKT | 3 February 2023

by Александр Пирогов | Feb 3, 2023 | Blog News

JPMorgan has published its seventh e-Trading Edit to provide insight into predictions for this year. The survey collected the views of 835 institutional traders across 60 locations worldwide. It reveals that the vast majority of respondents lack confidence in trading...

MY BIG COIN FOUNDER SENTENCED TO 100 MONTHS IN PRISON FOR DEFRAUDING INVESTORS |1300 HKT | 0600 UKT | 1 February 2023

by Александр Пирогов | Feb 1, 2023 | Blog News

My Big Coin Inc founder Randall Crater was sentenced to more than eight years imprisonment and was ordered to forfeit nearly $7.7 million for committing wire fraud and making unlawful monetary transfer on 31 January. He was found misrepresenting the nature of a...

BINANCE PARTNERS WITH MASTERCARD TO LAUNCH PREPAID CARD IN BRAZIL |1300 HKT | 0600 UKT | 1 February 2023

by Александр Пирогов | Feb 1, 2023 | Blog News

Mastercard and Crypto exchange Binance announced the launch of prepaid Binance Card in Brazil on 30 January, making it the second country in Latin America following Argentina to introduce the product. Existing and new Binance users will be able to make purchases and...

TESLA REPORTS $140 MILLION NET LOSS FROM BITCOIN TRADING LAST YEAR |1300 HKT | 0600 UKT | 1 February 2023

by Александр Пирогов | Feb 1, 2023 | Blog News

Electric vehicle manufacturer Tesla filed its annual report to the US Securities and Exchange Commission on 31 January. According to the report, Tesla’s Bitcoin holdings recorded a $204 million gross impairment loss last year. The company also gained $64 million from...

BITCOIN MINING REVENUE INCREASED BY 50% IN ONE MONTH | 1300 HKT | 0600 UKT | 31 January 2023

by Александр Пирогов | Jan 31, 2023 | Blog News

As the Bitcoin price is gradually recovering from the crypto turmoil last year, this month has recorded a 50% growth in Bitcoin mining revenue through mining rewards and transaction fees when compared to last month’s figure. The revenue dropped to $13.6 million on 28...

NIGERIAN CENTRAL BANK’S LIMITATION OF ATM WITHDRAWN LEADS TO A SURGE IN BITCOIN PRICE IN THE COUNTRY | 1300 HKT | 0600 UKT | 31 January 2023

by Александр Пирогов | Jan 31, 2023 | Blog News

The Central Bank of Nigeria’s new measure to limit the daily and weekly withdrawal of local currency from the ATM has led to a surge in the price of Bitcoin in the country. The exchange rate of 1 Bitcoin is reportedly $38,792 on the country’s crypto exchange NairaEX,...