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China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million

China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million

Meitu has scooped up an additional $50M of crypto, with Ether allocation surpassing Bitcoin's.

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.

Deutsche Bank Joins JP Morgan’s Blockchain Platform

Deutsche Bank Joins JP Morgan’s Blockchain Platform

Germany’s beleaguered banking giant, Deutsche Bank, has joined JP Morgan’s blockchain-based Interbank Information Network (IIN), the Coin Telegraph reports.

US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally

US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally

Bitcoin has been holding steadily around $10,738 at press time, as the stock market continues to recover and see gains.

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).

DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies

DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies

DBS Bank has pointed out that the coronavirus pandemic has caused a “troubled and intrigued” dilemma for central banks around the world.

US Dollar as the World’s Reserve Currency Unlikely to be Diminished, Bitcoin Likely to Suffer

US Dollar as the World’s Reserve Currency Unlikely to be Diminished, Bitcoin Likely to Suffer

Analysts believe the US dollar's role as the world’s reserve currency is unlikely to be diminished, which may not be the best outlook for Bitcoin (BTC).

Altcoin Market Capitalization to Expect the Biggest Impulse Wave Since 2017, ETH Price to Surge

Altcoin Market Capitalization to Expect the Biggest Impulse Wave Since 2017, ETH Price to Surge

Crypto trader Michael van de Poppe recently said that the next quarter would be good for altcoins.

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Bitmain recently released an official statement in which it disputed the claims of Micree Zhan, the former CEO, over the ownership of a majority stake of the company.

Ethereum Price Rally to Continue as Over $529 Million Staked Ahead of ETH 2.0 Launch

Ethereum Price Rally to Continue as Over $529 Million Staked Ahead of ETH 2.0 Launch

In anticipation of the Ethereum 2.0 Phase 0 launch, an enormous amount of Ethereum has already been staked for its deposit contract as part of the PoS network.

Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any

Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any

Business magnate, CEO and Chairman of Berkshire Hathaway, Warren Buffett on Monday, Feb. 24, confirmed his resentment for cryptocurrency.

NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach

NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach

NiceHash is making good on its promise to repay victims of the 2017 security breach of its exchange, which saw over 4640 BTC stolen ($55,680,000 in Bitcoin at the time).

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