Iranian authorities have shut down 1,620 illegal cryptocurrency mining farms that used nearly 250 megawatts of electricity in the last 18 months. The country announced in July that all crypto miners must register their rigs with the government. ...

• Bitcoin’s rally has been heating up as of late, with bulls taking full control of its price action as they sent its price rocketing past its previous all-time highs overnight• This rally didn’t last for too long, as an influx of selling pressure around $36,000 slowed...

Just four days in the new year and all major coins are surging into new prices. Bitcoin already has an impressive 2021, hitting the $34,000 price line, further establishing itself as the largest digital asset globally. Ethereum, the altcoin behind Bitcoin, with a market cap of ...

PlasmaPay recently announced its partnership with Kylin to take advantage of the latter’s multiple real-time data sources. PlasmaPay is known globally as a digital payment platform that enables easy adoption and intrusion into decentralized finance. The goal of PlasmaPay is to...

The world’s largest cryptocurrency must pass the January test before making a significant upside move. ...

We are at a crucial point in the history of cryptocurrency where large institutions can no longer ignore the growing cryptocurrency sector. This has been seen in the last year with companies like CashApp, PayPal, JP Morgan, and so on. The increased use of cryptocurrency has...

The Puerto Rico Office of the Commissioner of Financial Institutions (OCIF) has granted permission to FV Bank to provide custody services for cryptocurrency assets such as Ethereum and Bitcoin. The institution plans to integrate the new service into its digital banking platform...

Goldman Sachs analysts found a very similar trend between the world’s most valuable virtual currency and base metals, which are considered the global economy’s barometers. Against the backdrop of the ongoing coronavirus pandemic, Bitcoin and copper prices have been hitting...

According to sources familiar with the matter, American cryptocurrency exchange Coinbase will use Goldman Sachs to handle its upcoming initial public offering. ...

American Express, one of the biggest financial firms in the US has entered the cryptocurrency market with the latest investment in an institutional crypto trading platform, FalconX. The American Express Ventures did not disclose the actual size of the investment. ...