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Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Lucky Ebosele

Canadian businessman and television presenter, Kevin O'Leary, has confirmed he has 20% of his total investments tied up in crypto assets.

Kevin O’Leary Says He Now Holds 20% of His Wealth in Cryptocurrencies

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WilfredMichael

NFT News

Nwani Mishael

The prices of many non-fungible token (NFT) collections have recorded significant drops in recent weeks.This has raised fear, doubt, and uncertainty (FUD) in the minds of some of their holders, especially given the nascent nature of the NFT market. Data from NFT tracking service NFT Price Floor reveal that the top three NFT collections have ... Read more

Top NFTs Have Lost Over 40% of Their Value Since ATH

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Crypto Exchange News

Wilfred Michael

American multinational services company Charles Schwab is launching a new exchange-traded fund (ETF) to track the performance of cryptocurrency and blockchain-related companies. Charles Schwab boasts over $7.5 trillion in assets under management and will look to attract clients with an interest in the emerging crypto space to invest in the planned ETF. According to a ... Read more

$7.5 Trillion Asset Manager Charles Schwab Files for Crypto Economy ETF

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Citadel Kenneth Griffin Positive on Crypto

Crypto Startup News

Kenneth Griffin, founder of Chicago-based hedge fund Citadel, has openly admitted being wrong about his early perception of the cryptocurrency market. Griffin&#8217;s Citadel boasts over $39 billion in assets under management, but has largely stayed away from the cryptocurrency market until now. Back in February 2021, the hedge fund founder said he didn&#8217;t &#8220;see the ... Read more

Citadel's Ken Griffin Admits Being "Wrong" on Crypto Call; Says Firm Ready to Play

Citadel&#8217;s Ken Griffin Admits Being &#8220;Wrong&#8221; on Crypto Call; Says Firm Ready to Play

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Gideon Geoffrey

Gideon Geoffrey is an enthusiastic writer. He admires everything about cryptocurrencies and their underlying blockchain technology.

The bulls were thrilled to see Bitcoin flip $44k for the first time in more than ten days. The surge to the highlighted mark was quick and happened over the last 24 hours. The question on all traders&#8217; minds is how it will affect the coin price movement this month. Recall that while answering the ... Read more

Bitcoin Price Analysis: BTC Flips $44k. Is $50k On The Radar?

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Treasure Samuel

San Francisco-based forwarding and customs brokerage company Flexport holds bitcoin. Ryan Petersen, CEO of Flexport, confirmed this in a recent tweet, although he fell short of revealing the amount of bitcoin the company holds. On Tuesday, he tweeted: We don&#8217;t disclose that but it&#8217;s not zero 🙂 — Ryan Petersen (@typesfast) February 28, 2022 The ... Read more

Flexport CEO Confirms $8B Company Holds Bitcoin (BTC)

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Despite its highly volatile nature, Bitcoin has shown it is built differently after outperforming leading tech stocks. In the last 30 days, the leading cryptocurrency, bitcoin&#8217;s price has surpassed the top six tech investment vehicles by an average return on investment (ROI) of 12.24%, according to recent data compiled by Finbold’s return on investment, or ... Read more

Is Bitcoin a Tech Stock? Stellar 30-day Performance Shows BTC is Built Different

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Popular cryptocurrency exchange Kraken announced Thursday that it has launched a Proof of Reserves auditing service to enable users to independently verify if their bitcoin (BTC) and ether (ETH) balances are backed by actual assets. &#8220;At Kraken, your security and safety are our top priority, and our regular Proof of Reserves audits will ensure we ... Read more

Kraken Launches Proof of Reserves Audit For Independent Verification of BTC and ETH Balances

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Crypto Regulation News

Lele Jima

Lele Jima is a writer by heart and a crypto enthusiast. He has been a writer for over two years.  So far, he has written on topics that cut across various industries ranging from fintech to ICT.  He hopes his words bring the desired change we crave for, which is to make the world a better place.  His pen is his might, and the sky, his starting point.

South African financial regulators have warned its citizens against trading on cryptocurrency exchanges FTX and ByBit, adding that both trading platforms are not authorized to operate in the country. According to two different notices by the Financial Sector Conduct Authority (FSCA), Bybit and FTX have given South Africans unrestricted access to its platform, allowing its ... Read more

South African Regulators Declare FTX and ByBit Operations Illegal

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Obike Favour

Obike Favour is a crypto news reporter who  is also interested in digital marketing and writing.

As an introvert, she spends most of her time surfing the Internet for new ideas that will help her succeed in the digital world.

Peter McCormack, owner of Real Bedford FC, English football, expressed happiness over the Gemini sponsorship deal

Gemini Becomes Lead Sponsor of Peter McCormack's Real Bedford FC

Gemini Becomes Lead Sponsor of Peter McCormack&#8217;s Real Bedford FC

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The International Monetary Fund (IMF) has urged the government of El Salvador to narrow the scope of the newly established Bitcoin Law and remove bitcoin as a legal tender. In a press release published today, the IMF noted that while El Salvador has taken measures to mitigate the effects of the COVID-19 pandemic, its decision ... Read more

BREAKING: IMF Urges El Salvador to Remove Bitcoin as Legal Tender

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Crypto Scam Alert News

Latest scam alerts in the cryptocurrency and blockchain industry

A male British soldier has recently been charged in court on counts of kidnapping and robbery for allegedly stealing a couple&#8217;s bitcoins worth thousands of dollars. The 36-year-old soldier identified as Greg Simpson along with three other accomplices were said to have broken into a holiday home in Bali, Indonesia, where an Italian couple, Principe ... Read more

British Soldier Faces Charges for Stealing Bitcoins and Assaulting Owners

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Abigail Michelle

Michelle Abigail is an optimist who believes nothing is impossible even if it means treading on a foreign path. This disposition has moved her to join the crypto world with the hope of contributing her bit to the ecosystem.

Coinbase Global Inc., one of the largest U.S. crypto platforms, has experienced a big hit due to the ongoing crypto dump. The shares of the San Francisco-based crypto trading platform fell as much as 15.7% while bitcoin fell as low as 8.7%. The drop in the shares of the platform is reported to be its ... Read more

Coinbase Shares Record Biggest Drop (Over 15%) Amid Ongoing Crypto Dump

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The United States Securities and Exchange Commission (SEC) has rejected yet another proposal to list a bitcoin exchange-traded fund (ETF) in the country. In an official filing published on Thursday, the financial regulator noted that the bitcoin ETF proposal presented to it by the investment advisory firm, First Trust, and hedge fund manager, Skybridge Capital, ... Read more

Breaking: U.S. SEC Rejects First Trust Skybridge Spot Bitcoin ETF Proposal

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PR Desk

This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.

The new year started on a relatively low note for the cryptocurrency market. The likes of Bitcoin and other major altcoins fell through the majority of December and started the year at $46,000 — down from its all time high of $69,000 on November 10 last year.  Regardless of the downward trend, Bitcoin does look ... Read more

Covesting Module Month In Review: January 2022

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Crypto Mining News

Jack Dorsey&#8217;s fintech firm, Block, formerly called Square is now officially carrying out its plan to build a Bitcoin (BTC) mining system. The general manager for hardware at the company, Thomas Templeton revealed the move via a tweet on Thursday. The tweet was a reply to Dorsey’s Twitter post on the company&#8217;s plan to build ... Read more

Dorsey’s Block Officially Building an Open Bitcoin Mining System

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The cryptocurrency market is considered one that has the prospect of turning an average income earner into an overnight millionaire.  Interestingly, this has become the story of former McDonald’s burger-flipper and software developer Changpeng Zhao (CZ), who went on to become the founder and CEO of the world&#8217;s largest cryptocurrency exchange, Binance.  While several average ... Read more

Bloomberg Report Says Binance's CZ Worth $96 Billion 

Bloomberg Report Says Binance&#8217;s CZ Worth $96 Billion 

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Computer Services Inc. (CSI), a leading fintech solutions provider, has partnered with digital asset company New York Digital Investment Group (NYDIG) to enable banking customers to buy, sell, and hold bitcoin (BTC). According to the announcement, the service will be integrated into CSI’s full suite of digital banking technology, which currently offers a wide range ... Read more

CSI Partners NYDIG to Offer Bitcoin Services to Banking Customers 

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The world’s largest cryptocurrency by market capitalization bitcoin (BTC) may have to undergo a major test after Kazakhstan is reported to be experiencing a nationwide internet blackout following civil unrest.  Recall that Kazakhstan has become the second-biggest bitcoin hash rate country behind the United States, after China announced a widespread clampdown on cryptocurrency-related activities, including ... Read more

Internet Goes Offline For Hours: Bitcoin Faces Fresh Test from 18% Hashrate Region 

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El Salvador&#8217;s President, Nayib Bukele, continues to remain bullish on Bitcoin and has predicted that the leading cryptocurrency will hit the $100,000 price mark in 2022. Bukele also made other bullish predictions about Bitcoin. He believes that two more countries will follow El Salvador&#8217;s move to adopt the crypto asset as a legal tender. Recall ... Read more

El Salvador President Predicts $100k Bitcoin in 2022

Mexican retail store Elektra will start accepting the leading cryptocurrency bitcoin (BTC) as payment for its services, making it the first to do so in the country, according to a recent Reuters report. Ricardo Salinas Pliego, a Mexican billionaire and founder of Grupo Salinas which is the corporate conglomerate of Elektra, today confirmed the news via ... Read more

Mexican Retail Store Elektra to Accept Bitcoin as Payment for Services

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Altcoin News

All the latest altcoin news from the crypto market. We provide altcoin daily news covering Ethereum, Solana, Litecoin, and more.

The bulls are unsure of the next price action, as many anticipated more price movements this week from most cryptocurrencies. These expectations went unrealized as the massive hikes failed to come. This has led many to call the market &#8220;Boring.&#8221; Adding to the claims that the past six days have been boring is the global ... Read more

Price Analysis 12/19: BTC, ETH, BNB, SOL, ADA, XRP.

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Dan Morehead, the CEO of Pantera Capital, has blasted the U.S. government for creating bubbles in the bond market, adding that investors should buy bitcoin instead of the traditional financial instrument. Speaking at a conference, as reported by Bloomberg, Morehead warned bond investors that they may lose all their money and get destroyed financially when ... Read more

Pantera CEO Calls Bond Investment a Ponzi Scheme, Urges Investors to Buy Bitcoin Instead

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Two Vietnamese police officers alongside 15 others have been charged for allegedly stealing $9.5 million worth of bitcoin (BTC) from a businessman, Vietnam Express reports today. The police duo, Nguyen Quoc Dung and Nguyen Anh Tuan, were hired by a private investigator to trace the whereabouts of a businessman who was accused of giving wrong ... Read more

Vietanamese Men Allegedly Loses 1000 Bitcoins to Bad Investment Advice; Arrested for Revenge

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Despite being in existence for only a decade, new stats show that the world’s largest cryptocurrency network, Bitcoin, has outperformed popular payment company PayPal in terms of quarterly volume processed.  The stats published by blockchain research firm Blockdata B.V. shows that the Bitcoin network processed an estimated average of $489 billion quarterly in 2021, while ... Read more

The Bitcoin Network Has Handled More Volume Than PayPal in 2021 

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The crypto market is down by more than 4% as it dropped below $2.5 trillion over the last 24 hours. The market peaked at $2.6 trillion during that time and descended to a low of $2.41 trillion. Since the value depreciation of  the industry, efforts to speed up recovery is gradually taking effect as we ... Read more

Binance Coin Set For Recovery As Cardano Looks To Follow Suit

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Digital Currency Group (DCG) today announced a $600 million raise in debt capital financing led  by private investment firm Eldridge.

Digital Currency Group Bags $600M in Debt Capital Financing

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Ruth Shadrac

Ruth Shadrac is new to the crypto space and finds it very fascinating. She is currently an intern at Coinfomania and hopes to work her way to success.

A new partnership deal between the American professional basketball team, the Houston Rockets, and digital asset company New York Digital Investment Group (NYDIG) will allow the club&#8217;s fans to gain Bitcoin exposure via educational programs. The Rockets is a Houston-based leading sports brand with a national presence as a member of the team in the ... Read more

Houston Rockets Plans to Pay Team in Bitcoin via New Partnerership with NYDIG

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As China&#8217;s crackdown on crypto continues to intensify, new reports have revealed that the country is issuing stern warnings to its state-owned enterprises (SOEs) against involvement in cryptocurrency mining activities. China noted that it will be imposing sanctions in the form of higher power prices on industrial-scale bitcoin miners and their SOEs that fail to ... Read more

China Issues Stern Warnings to Local Firms Against Crypto Mining

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The top 100s is lit with an array of two of the most popular colors in crypto &#8211; green and red. The table has more reds than greens, indicating that the crypto market could not hold on to the bullish lead it had. Market fundamentals were a strong force in the uptrend of the market. ... Read more

Price Analysis 11/14: BTC, ETH, BNB, SOL, ADA.

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BTC