BTC price 8% off all-time high — 5 things to know in Bitcoin this week

Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14. 2572 Total views 3 Total shares It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on…

Indian technology company Tech Mahinda signed a partnership with edtech firm Idealabs to offer blockchain certification courses. 2860 Total views 55 Total shares Leading Indian technology company Tech Mahindra has partnered with edtech startup Idealabs to offer blockchain certification courses.The certification course will be offered as a combination of live online and in-person, on-campus classes.…

A further tightening of cryptocurrency regulation in South Korea is underway, with new rules for banks and crypto exchange operators. 1478 Total views 1 Total shares New rules announced by South Korea's Financial Services Commission, or FSC, are expected to affect around 60 unauthorized cryptocurrency exchanges in the country and a new policy for banks…

In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency traders but also reviving mining as a way of generating passive income. It is not surprising that…

One of the United Kingdom royal family’s most prominent members believes blockchain is an interesting development, according to candid comments he gave during a meet and greet on May 7.While visiting Berlin, Prince Charles engaged with spectators outside the Brandenburg Gate, at one point responding to a question from a cryptocurrency Twitter community member.“What do…

Many of the firms the FCA warned were breaching the new rules appear to be dubious high-yield return schemes, but legitimate firms have seen warnings too. Crypto-promoting firms have breached the United Kingdom’s new crypto marketing rules at least 221 times since coming into force in early October, says the country’s financial regulator. In an

In a new survey, a number of cryptocurrency and fintech professionals expected a "hyperbitcoinization" to take place by 2040. 771 Total views 7 Total shares Bitcoin's (BTC) current price slump has failed to dampen some experts' optimism regarding the world’s biggest cryptocurrency. In a new survey by personal finance comparison platform Finder.com, half of the respondents believe…

Unprecedented demand for the ProShares futures fund could result in longer contracts that may stray from Bitcoin prices. 935 Total views 27 Total shares The ProShares Bitcoin Strategy ETF is on track to reach a limit on the number of futures contracts it’s allowed after quickly becoming a little too popular.After just a couple of…

A convenience store in South Korea is offering Bitcoin meal boxes in collaboration with the local exchange Bithumb where customers can win small amounts of Bitcoin with their purchase.