TokenPost reporter
Mark Jason Alcala
Stories by Mark Jason Alcala
- 12 crypto billionaires make it to Forbes’ annual ranking of the world’s wealthiest
The number of crypto billionaires on the 2021 Forbes world's billionaires list is up three times compared to last year.
· Business
- Bitcoin (BTC) miners are stashing away their newly mined cryptos
Bitcoin miners are HODLing as they await higher BTC prices.
· Business
- Crypto will be accepted as payment for admission fees by a university in Romania starting July
The Lucian Blaga University of Sibiu plans to accept the crypto Elrond (EGLD) for admission fee payment.
· Business
- Bitcoin (BTC) could reach $1.2M per coin in five years, says Kiyosaki
The 'Rich Dad Poor Dad' author revealed he is now more bullish on Bitcoin.
· Insights & Views
- Bitcoin (BTC) could reach $130K as crypto’s decreasing volatility makes it more attractive to investors, says JPMorgan
The U.S. investment bank believes that Bitcoin's price has the potential to rise up to $130,000 in the coming years.
· Insights & Views
- Crypto exchange Ice3x shuts down after suspending BTC and LTC withdrawals
South African crypto exchange Ice3x announced that it closed shop and that liquidation proceedings have started.
· Business
- Bitcoin (BTC) likely to head toward $80,000 in the second quarter, according to Bloomberg Intelligence
Analysts believe that Bitcoin will breach past the $60,000 resistance level.
· Insights & Views
- Crypto market cap reaches $2T driven by Ether’s (ETH) rally
ETH set a new all-time high of $2,151.25 on Tuesday driven by a surge in the crypto's demand.
· Business
- Bitcoin (BTC) continues to outperform gold as crypto slowly replaces precious metal as the preferred safe-haven asset
Among safe-haven assets, Bitcoin appears to have the upper hand as it outperformed against gold in recent months.
· Insights & Views
- Bitcoin salary option will soon be available to Sacramento Kings players and staff
Sacramento Kings is set to become the first major sports franchise to offer a Bitcoin salary option to its player and staff.
· Business
- Thailand’s crypto trading volume increases by almost 600% to $3.96B
Thailand's SEC reported that combined crypto trading volumes on the country's exchanges rose to $3.96B from just $574.5M last November.
· Business
- Bitcoin (BTC) and gold at risk of government intervention, says former congressman Ron Paul
Ron Paul believes that a government crackdown on Bitcoin and gold could happen because 'they have the ability to do it.'
· Regulation
- Paris Hilton reveals she’s a Bitcoin (BTC) investor
Hilton confirmed that she has invested in BTC for a while now.
· Business
- Crypto reportedly used by some Hong Kong residents to move money to Canada
Canada's Fintrac revealed that capital outflows from Hongkong to Canada rose to $34 billion in 2020.
· Business
- Bitcoin (BTC) and crypto investment products will soon be available to Goldman Sachs' wealthy clients
Goldman Sachs plans to introduce Bitcoin and crypto investment products to its private wealth management clients by the second quarter of 2021.
· Business
- 60% of new crypto investors in South Korea belong to the 20-30 years old age group
Crypto investors who belong to the 20-30 years old age group usually make small-scale investments of up to $100.
· Insights & Views
- Bitcoin (BTC) mining concentrated in areas with excess unused energy, says Coin Metric co-founder
Nic Carter published an article rebutting some of the claims made by those against Bitcoin mining.
· Technology
- A Bitcoin (BTC) could be worth a Lambo by year-end and a Bugatti by end of next year, says Kraken CEO
Jesse Powell also predicts that ETH could rise above $2,000 by the end of this year.
· Insights & Views
- Bitcoin (BTC) is now becoming a part of the treasury reserves of some South African firms
BitFund co-founder Dean Joffe revealed that his company already helped "seven or eight" South African firms acquire cryptos such as Bitcoin and stablecoins.
· Business
- Bitcoin (BTC) is now becoming Indian millennials’ digital gold
Most users of Indian crypto platforms are under the age of 30.
· Insights & Views
- Bitcoin (BTC) could rally this April based on crypto’s historical data, says CoinCorner CEO
Based on BTC's price data for the past ten years, the crypto gained an average of 51 percent during April.
· Insights & Views
- Bitcoin (BTC) price drops could trigger a surge of institutional investments that could drive crypto’s price upwards
Institutional investors are expected to buy during further Bitcoin price dips.
· Insights & Views
- Bitcoin (BTC) accounts for 5% of NZ Fund’s KiwiSaver Growth Strategy fund
New Zealand Funds Management expects Bitcoin to be feature more in KiwiSaver's investment strategy within the next five years.
· Investing
- Bitcoin (BTC) payments now accepted by luxury exotic car rental MPH Club
MPH Club, which is known for its high-end car lineup that includes Lamborghini, Ferrari, McLaren, and Rolls Royce, now accepts Bitcoin payments.
· Business
- Second crypto health warning for consumers issued by South African regulator
South Africa's Financial Sector Conduct Authority released its second crypto health warning as crypto-related losses surged in the past three months.
· Regulation
- Bitcoin creator Satoshi Nakamoto could become the world’s richest person if BTC reaches this price
For Nakamoto to surpass Amazon's Jeff Bezos and become the world's richest person, BTC's price needs to reach $182,000 per token.
· Business
- Crypto to fiat transactions to be monitored by Russia’s anti-money laundering body
The Rosfinmonitoring is working with banks and the Russian Central Bank to monitor crypto to ruble transactions.
· Regulation
- Boomers could add $1 trillion to the Bitcoin (BTC) market, says Novogratz
Baby boomers could be the next generation to adopt crypto.
· Investing
- India to require crypto holdings disclosure by companies starting next month
India's crypto community welcomed the move as it hints at the government's intention to regulate crypto trading and investments.
· Regulation
- Crypto ransomware is a threat the average American is concerned about, says cybersecurity expert
Former U.S. Cybersecurity & Infrastructure Security Agency director Christopher Krebs warned that crypto has enabled criminals to deploy more ransomware attacks.
· Technology
- Bitcoin (BTC) now accepted as payment for Tesla cars but buyers need to consider the tax implications
Buyers who plan to use Bitcoin to purchase a Tesla car need to compute the capital gains taxes for the transaction.
· Regulation
- Crypto Ponzi scheme operator no longer required to pay $4.5M fine to SEC after paying restitution in a parallel case
Argyle Coin Co-Founder Jose Angel Aman already paid more than $23.8 million to the SEC in restitution in a parallel 2019 case.
· Regulation
- Tether (USDT) now the third-largest cryptocurrency as its market cap soars past $40B
With its $40.2 billion market cap, Tether (USDT) is now the third-largest crypto behind Bitcoin (BTC) and Ether (ETH).
· Investing
- Bitcoin (BTC) not a good alternative to fiat, says Norway’s central bank
Norges Bank says Bitcoin is too resource-intensive, costly, and doesn’t preserve stability.
· Regulation
- South Korea’s Naver joins bid for crypto exchange Bithumb, competes with Visa, JPMorgan, Deutsche Bank
South Korean internet firm Naver has reportedly started negotiations to acquire a stake in the country’s largest exchange.
· Business
- Bitcoin (BTC) a substitute for gold but won’t threaten the dollar, says Fed Chair
Jerome Powell believes that Bitcoin's volatility does not make it an effective replacement for the U.S. dollar.
· Insights & Views
- AMD won’t restrict the crypto mining capabilities of its GPUs
Unlike Nvidia, AMD won't put a crypto mining limiter to its graphics cards.
· Technology
- Bitcoin (BTC) could soar to $300K in this rally but a years-long winter would follow, says crypto expert
Bobby Lee warns that Bitcoin could fall by as much as 90 percent from its peak rally price.
· Insights & Views
- Crypto trading not banned, says Nigeria Central Bank
People can still trade and use crypto in Nigeria as the Central Bank's directive also covered banks.
· Regulation
- ‘Shocking’ Bitcoin (BTC) taxes could be coming, warns Bridgewater CEO
REay Dalio warned that governments could impose “shocking” taxes as well as “prohibitions against capital movements” into assets such as BTC.
· Insights & Views