In a busy week for news, here are the standout stories from the worlds of forex, fintech and crypto in our best of the week segment. Bitcoin Soars Past $34K as Record-Breaking Rally Continues As Finance Magnates covered this week, Bitcoin surged past $34,000, ending the year with a 305% increase, and enjoying 50% growth in the last two weeks […]

Bitcoin (BTC) has consistently been hitting new all-time highs over the weekend, but the latest surge has also created a new high against gold, according to MarketWatch data. This suggests that Bitcoin has been gaining acceptance as the new store of value and that may attract more customers away from gold into Bitcoin.  Analysts suggest that the latest rally above […]

BC.Game is a casino platform which is fully decentralised and driven by smart contracts that neglect the manipulation by centralised authorities or a third party.  BC.Game is one of the many that digitised their operations. However, the platform went a notch higher using technology, decisively embracing cryptocurrencies, and offering diversity from a wide range of games like Wheel Baccarat, Plinko, […]

Twitter analytics data indicates that as Bitcoin continues to post all-time highs well into the $30,000s, social media interest in the digital currency is likewise setting new records across numerous key metrics.  In a tweet Saturday night, the official handle for The TIE, a cryptocurrency data firm, showed that the number of unique Twitter handles tweeting about Bitcoin has hit […]

12 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the network after revealing the cryptocurrency concept via the white paper a few months prior. At approximately 18:15:05 UTC, the network launched its first block and since then, over 664,000 bitcoin blocks have been mined. Moreover, on the 12th anniversary of the network coming to life, a large string of 2010 block […]

Bitcoin mining equipment maker Ebang (EBON) announced Thursday it is preparing to officially launch a cryptocurrency exchange in the first quarter of 2021. Shares of the Nasdaq-listed mining equipment manufacturer rose on the news, jumping to as high as $6.18 a share before settling down to $5.71 at the time of this writing, up 16%. Ebang said it has started […]

Dogecoin (DOGE) and Bitcoin (BTC) became clear leaders in the cryptocurrency market. DOGE surged by over 75% in the last 24 hours after days in which it was already moving very fast. Meanwhile, Bitcoin was able to surpass $34,000 after it moved from $29,000 to $33,000. Investors are wondering whether the crypto market will have a pause in the coming […]

Bitcoin has seen some massive momentum throughout the past few days, with the cryptocurrency’s price rallying to new highs over $30,000 as its uptrend turns parabolic Where the cryptocurrency trends in the mid-term will undoubtedly depend on whether or not bulls can maintain full control of the crypto’s upswing or if it will post a blow-off top Some analysts do […]

The Financial Crime Network (FinCEN) enforces new guidelines for cryptocurrency users in the US. Digital asset owners will report to foreign financial or virtual asset service providers whether they own more than USD 10,000 worth of cryptocurrency. The regulator has the task of keeping tabs on potential breaches of domestic financial laws. The latest move is part of their broader […]