Author: mattborelli

Chainlink is Expected To Plunge Against Bitcoin After Forming Bearish Signals
Chainlink’s price, based on Ethereum, has dropped 3.1% in the last 24 hours. For perspective, Bitcoin has rallied in excess of 4% over that same time frame. Over the...
Bitcoin Crosses Pivotal Macro Trend
After plummeting to $10,200 earlier this month, Bitcoin has rallied to $12,400. On Wednesday, it passed the pivotal $11,828 resistance level as buyers stepped in. Since early 2018, this...
PayPal To Offer Crypto Payments In Early 2021
PayPal announced that customers will be able to use cryptocurrencies to shop at any merchant on its large network starting in early 2021. The payments will be settled through...
A Former BitFinex Whale Anticipates Bitcoin Dump
Despite adding more than $1,000 to its value in recent days, one trader believes the ongoing rally could become the victim of a long squeeze. Joe007, a pseudonymous entity...
Hackers Donate Stolen Bitcoin To Various Charities
A group of hackers known as “Darkside” has donated 0.88 Bitcoin ($10,000) from ransomware attacks to two charities: The Water Project and Children International.  The Water Project works to...
Latvian Regulators to Public Be ‘Vigilant’ About Cryptocurrency Fraud
Latvia’s Financial and Capital Market Commission (FCMC) urged investors to “be particularly vigilant, as cryptocurrencies operate in an infrastructure that is currently characterized by lower regulation than in the...
Binance Jersey Closing Operations Less Than 2 Years After Launch
Binance, the world’s largest cryptocurrency exchange, announced that it will soon close down its Jersey-based subsidiary, Binance Jersey. Binance launched its platform in Jersey as part of its expansion drive to...
Study Shows That Only 7% Of Americans Have Bought Bitcoin
A survey conducted by Statista showed that only 7% of Americans previously used Bitcoin, indicating the leading cryptocurrency is still in an early phase. Nigeria placed first, with 32%...
A Rare Five-Piece Collection Of Batman Digital Art Sells For Record 540.86 Ether
A rare five-piece collection of Batman digital art has sold for a combined 540.86 Ether ($202,000) on Makersplace, a record price for non-fungible crypto artwork. The rare artwork is a collection...
Majority Of Winners In China’s Digital Yuan Lottery Have Spent Prizes
95% of China’s $1.5 million central bank digital currency (CBDC) lottery winners have received and spent their “red envelopes” of digital yuan. As of Oct. 18, a total of...
Power Finance Plans to Launch New Zealand Stablecoin in 2021
New Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand dollar in 2021. The ‘Power Dollar’ is not...
Foreign Crypto Exchanges To Pay 1.5% Tax Under Kenya’s New Rules
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will apply to cryptocurrencies at a rate of 1.5% on gross transaction value. What this...