News

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.

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.

Swiss startup Valour introduces a Bitcoin ETP with zero management fees, offering a cost-effective way to invest in BTC. Learn more here...

Swiss Startup Valour Launches Bitcoin ETP With Zero Management Fees

Valour Launches Zero-Fee Bitcoin ETP for Investors

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Press Release

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.

Cryptocurrency is perhaps the most suitable asset for day trading. Not only because the markets are open 24 hours a day, 7 days a week, but also for the relatively high volatility of the market. Take Bitcoin as an example, it has gained 10% in the past 3 days, but it once shed 50% within ... Read more

Gateway to Earning Bitcoin: Beginners’ Guide on BTC Futures Trading

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WilfredMichael

Wilfred Michael

MicroStrategy CEO Michael Saylor has once again reiterated that the company has no plans to trim its Bitcoin position any time soon. Even though their investment has gained over $200 million in less than four months, Saylor told CNBC in an interview that trimming its Bitcoin position would amount to &#8220;decapitalizing the company.&#8221; Saylor was ... Read more

MicroStrategy CEO Shrugs Off Any Chance of Trimming Its $425 Million Bitcoin Position

As the price of Bitcoin looks almost certain to reach a new all-time high soon, evidence continues to abound that the recent growth isn&#8217;t fueled by retail investors as was the case in 2017. Anyone who tried to transact with Bitcoin (BTC) at the peak of the last all-time high had to settle with either ... Read more

Wait! Bitcoin is Almost at $20K and Fees are Still Ridiculously Cheap?

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Crypto Startup News

The authorities of the Republic of Lithuania have recently concluded the sale of confiscated cryptocurrencies under its custody for a sum of 6.4 million euros (approximately $7.6 million). According to an official announcement on Tuesday, the State Tax Inspectorate (STI), which is the official tax regulator in the country, had been in charge of the ... Read more

Lithuania Made $7.6 Million From First Sale of Confiscated Cryptocurrencies

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Mexican businessman, Ricardo Salinas Pliego has become the latest billionaire to voice public his admiration for Bitcoin. Ricardo Pliego ranks 165 on Bloomberg&#8217;s Billionaire Index and has a net worth that is north of $11.8 billion. He is among the fifth richest people in Mexico. He made a tweet about Bitcoin today, describing the cryptocurrency ... Read more

Mexican Billionaire Ricardo Salinas Confirms He Has 10% of His Liquid Portfolio in Bitcoin

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Crypto Exchange 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.

Belarusbank, the largest bank in Belarus, has launched a cryptocurrency exchange, local media reported Friday.  The initiative saw the bank partner with Hi-Tech Park-based crypto payment operator White Bird to allow both Russian and Belarusian citizens to trade cryptocurrency using Visa payment cards.  It is not clear what digital currencies will be listed on the ... Read more

Belarus Largest Bank Launches Cryptocurrency Exchange

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It is quite intriguing to see how an asset class like Bitcoin, that had little to no value just eleven years ago can manage to garner a lot of investors, including public figures who had been skeptical about its potential as sound money. As the crypto industry continues to mature, more people are becoming increasingly ... Read more

Australian Politician Cory Bernardi Confirms He is a "Bitcoin Convert"

Australian Politician Cory Bernardi Confirms He is a &#8220;Bitcoin Convert&#8221;

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Popular bitcoin analyst and creator of the Stock-to-Flow (S2F) model under the pseudonym PlanB, has reaffirmed his conviction in his model, stating that bitcoin will hit a $100,000 price before December 2021. In a recent tweet, PlanB stated that he remains convinced in the price prediction for BTC made by his S2F model and expects ... Read more

S2F Model Creator Doubles Down on The "Spectacular" $100k Bitcoin Price Prediction

S2F Model Creator Doubles Down on The &#8220;Spectacular&#8221; $100k Bitcoin Price Prediction

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Coinbase Will Go To Court In January 2019 For Bitcoin Cash Insider Trading Allegations

Caroline John

Caroline is a zealous writer who recently picked interest in Bitcoin and the cryptocurrency community. She's always learning about the industry and aims to provide timely and accurate information about the latest developments in the crypto space.

Despite receiving $171 million worth of claims, Ernst &amp; Young (EY), the court-appointed trustee of the defunct Canadian crypto exchange QuadrigaCX, is set to distribute about $30 million to its creditors, according to a new report.  Following the recently published report on the case, EY is seeking the Supreme Court of Justice&#8217;s approval to settle ... Read more

QuadrigaCX Creditors to be Paid $6.7K Per Bitcoin Despite Recent Rally

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Peer-to-peer Bitcoin marketplace Paxful announced today that it has partnered with cryptocurrency fintech company BlockCard to launch a crypto debit card in the United States.  Paxful stated that the initiative would enable U.S. users to convert their crypto to USD, make purchases, withdraw funds from ATM, as well as obtain a checking account.  Even though ... Read more

Paxful Launches Crypto Debit Card For U.S. Residents

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Indian police officials in Bengaluru have arrested ten drug peddlers who have been using bitcoin (BTC) to purchase drugs from the dark web.

Indian Police Arrest 10 For Buying Drugs With Bitcoin on Dark Web

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Crypto Regulation News

Crypto asset management firm Bitwise has announced today that its Asset Under Management (AUM) has surpassed $100 million following an increased demand for its Crypto Index Fund from institutional investors.  The Bitwise 10 Crypto Index Fund is a tool that tracks the market value of the top ten cryptocurrencies, including Bitcoin (BTC), Ether, and Litecoin (LTC).   ... Read more

Bitwise Asset Under Management (AUM) Surpasses $100 Million

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Two months down the line, MicroStrategy&#8217;s decision to add $425 million in bitcoin as part of its treasury reserve assets is already paying off big time. With Bitcoin currently pushing for a $13,500 price at the time of writing, MicroStrategy&#8217;s 38,250 BTC haul acquired at an average price of $11,111.11 is now worth $525.5 million. ... Read more

MicroStrategy's Bitcoin Gains Now Exceeds its 3.5 Year Earnings as a Company

MicroStrategy&#8217;s Bitcoin Gains Now Exceeds its 3.5 Year Earnings as a Company

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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.

Popular global online payment provider PayPal announced earlier this week that it would allow its customers to buy and sell Bitcoin and other cryptocurrencies. The news was welcomed with an open heart as it promises mass adoption for Bitcoin. Following the news, bitcoin&#8217;s price reached its highest level in two years.   PayPal has a userbase ... Read more

CoinCorner CEO: Bitcoin Network Not Ready for PayPal Effect

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At the depth of a Bitcoin (BTC) price drop in March, two Bitcoiners placed a 50 million SATs multi-sig bet (approx. $1500 at the time). The argument was that the price of Bitcoin would go below $3850, and this was after the leading cryptocurrency lost more than 50% within two days, falling to a yearly ... Read more

Someone Bet BTC Won't Be Above $3850 on October 1 2020. He Lost.

Someone Bet BTC Won&#8217;t Be Above $3850 on October 1 2020. He Lost.

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The United States Commodity Futures Trading Commission (CFTC) has announced that it has filed civil enforcement charges against popular crypto derivatives platform, BitMEX, in a Southern District Court of New York. Evading U.S. rules According to an official statement on the CFTC website today, the development stems from BitMEX violation of the commission’s regulations, including operating ... Read more

US CFTC Charges Crypto Derivatives Giant BitMEX for Rules Violation

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Whether Bitcoin still acts as an effective medium of exchange has been a debate in the crypto space. While some use the cryptocurrency for its payment usage, many see it as a better store of value among other cryptocurrencies and fiat.  In the Bitcoin whitepaper, Satoshi&#8217;s objective was a &#8220;peer-to-peer version of electronic cash&#8221; that ... Read more

Antonopoulos: Buying Coffee with 'Medium of Exchange' Bitcoin is an Obsolete Idea

Antonopoulos: Buying Coffee with &#8216;Medium of Exchange&#8217; Bitcoin is an Obsolete Idea

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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.

In an effort to stamp out terror financing and money laundering activities in France, the country&#8217;s authorities have arrested 29 persons involved in a cryptocurrency scheme used to finance terrorists in other countries, local media reported Tuesday. The culprits were seen in real-time under surveillance financing a network of Syrian Jihad terrorists concerning fueling the ... Read more

France: Police Arrest 29 in Bitcoin Scheme Financing Syrian Jihadists

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Singapore-headquartered cryptocurrency exchange, KuCoin reported in the hours leading up to press time that it had suffered a security breach. The funds include part of BTC, ERC-20, and other tokens in KuCoin&#8217;s hot wallets that were transferred out of the exchange. Following the KuCoin hack, the exchange is yet to disclose the total sum lost ... Read more

KuCoin Exchange Hacked With Large BTC, ERC-20 and Other Tokens Withdrawn

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Investors in Spain are left scratching their heads following the disappearance of about 120,000 BTC they invested in the crypto trading bot of Tenerife-based company Arbistar 2.0.  According to Tulip Research, the amount of BTC at stake is worth €850 million (appr $989 million). This was a total investment from about 32,000 families. The report ... Read more

Spain: Some 120,000 BTC at Stake After Crypto Trading Bot Arbistar 2.0 Reportedly Glitches

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Interviews

Read exclusive crypto interviews featuring some of the most prominent people in the Bitcoin, DeFi and cryptocurrency space in general.

Gaurav Dahake, owner of Bitbns, gives insights into how India's cryptocurrencies have suffered from setbacks due to regulatory issues.

India’s Crypto in Regulatory Landscape: An Interview with Owner of Bitbns

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Gaining much popularity on the internet especially on Reddit and YouTube is a rap session by a famous freestyle rapper named Harry Mack. In a recent &#8220;Stream of Consciousness&#8221; session on YouTube, the freestyle rapper, who was tipped 5 euros by an anonymous Redditor, rapped with a comment about Bitcoin, demonstrating that he understands the ... Read more

Redditor Tips Freestyle Rapper Harry Mack to Rap Bitcoin; He Gets it 100%

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Publicly-traded business intelligence and software company, MicroStrategy has added more bitcoins to its portfolio, bringing its total holdings to $425 million. The latest purchase was announced today by the company&#8217;s founder and CEO, Michael J. Saylor, in a tweet stating that the company has purchased a total of 16,796 bitcoins valued at $175 million. On ... Read more

Record-Breaking MicroStrategy Buys Another 16,796 BTC ($175 Million)

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As speculations continue to fly around in the crypto market, billionaire philanthropist Bill Pulte shared today that the leading cryptocurrency looks ready for a major move. Over the past few days, Bitcoin fell below $10k a few times after trading above $12 several times in the last 14 days. At the time of writing, the cryptocurrency ... Read more

Billionaire Philanthropist: Bitcoin Looks Like a "Coiled Spring Ready to Pop"

Billionaire Philanthropist: Bitcoin Looks Like a &#8220;Coiled Spring Ready to Pop&#8221;

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Crypto Scam Alert News

Latest scam alerts in the cryptocurrency and blockchain industry

Charles Harrison

Charles Harrison is a technophile, a methodical and astute fellow, with a passion for content development and creative writing. He is also a fan of Bitcoin and blockchain technology. Charles is personable and pleasant, and definitely his own self, ever ready to follow through to the end what he has started. His boundless humor and mercurial temperament cloaks a deeply philosophical mind.

A review of Crypto Arbitrage Vip with the purpose of providing genuine information to amateur investors in the crypto industry.

Crypto Arbitrage VIP Review: Is It a Scam or Legit?

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The Swiss Authorities have stepped up to amend the country&#8217;s legislation to provide a friendlier ecosystem for the adoption of blockchain and cryptocurrencies in various sectors in the region, SwissInfo.ch reported Thursday.  The Senate&#8217;s parliamentary body has passed a wide range of financial and corporate law, reforming them to embrace cryptocurrencies and blockchain developments into ... Read more

Switzerland Amends Law to Promote Mainstream Adoption of Cryptocurrencies and Blockchain

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Crypto Mining News

Digital Currency Group (DCG), a New York-based blockchain investment company, has today announced the launch of a new investment worth $100 million to accelerate Bitcoin mining operations in North America. Standing alone as the most active investor in the blockchain industry and supporter of over 160 blockchain companies in not less than 30 countries around ... Read more

Digital Currency Group Commits $100M to Boost Bitcoin Mining in North America

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Gideon Geoffrey

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

Fidelity Investments President, Abigail Johnson alongside the Head of Strategy and Planning, Peter Jubber, filed paperwork this week with the United States Securities and Exchange Commission (SEC) for a new fund that exclusively invests in Bitcoin. According to a Forbes report on the development, the Wise Origin Bitcoin Index Fund I, LP, is the previously ... Read more

Fidelity President Pushes For New Bitcoin Fund With $100,000 Investment Cap

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Riot Blockchain, an American blockchain company focused on Bitcoin mining, has taken steps to double up its Bitcoin mining capacities and output with new production goals in the coming year. According to the report, Riot has made down payments for the acquisition of 5,100 next-generation machines from Bitmain Tech, a Chinese technology company that manufactures ... Read more

Riot Blockchain Doubles Down on Bitcoin-Only Mining With 2EH/s Target

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