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Tesla Shares Plummet as Bitcoin Sinks to $50,000

Tesla Shares Plummet as Bitcoin Sinks to $50,000

Tesla’s shares have plummeted by around 3.8%, following a massive sell-off wave that overtook tech stocks and the cryptocurrency market.

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Biden's pick to lead the United States Treasury Department, Janet Yellen thinks crypto has potential to enhance the financial system and wants to encourage its legitimate use.

Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand

Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand

Grayscale Investments LLC has announced plans to explore other digital assets.

Ripple to Cash In One-Third of its Stake in MoneyGram

Ripple to Cash In One-Third of its Stake in MoneyGram

Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.

Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"

Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"

Bitcoin's price downtrend has caused Peter Schiff to criticize Sequoia's employee remuneration scheme based on Bitcoin.

Tether Plans to Issue Stablecoin Backed by Chinese Yuan

Tether Plans to Issue Stablecoin Backed by Chinese Yuan

Tether has been reportedly working on a new stablecoin pegged to the Chinese Yuan. The stablecoin project named “CNHT” came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

China Plans to Thwart Procedural Violations in the Police Force and Courtrooms with Blockchain

China Plans to Thwart Procedural Violations in the Police Force and Courtrooms with Blockchain

China has laid plans to use a new automated system powered by blockchain and other technologies to propel surveillance of its judges and police officers.

MicroStrategy Plans to Purchase Additional Bitcoin Reserves With Excess Cash

MicroStrategy Plans to Purchase Additional Bitcoin Reserves With Excess Cash

MicroStrategy has revealed to its investors that it has plans to purchase “an additional Bitcoin” with the company’s excess liquidity

Turkish Government Announces Plans for National Blockchain Infrastructure

Turkish Government Announces Plans for National Blockchain Infrastructure

The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.

India’s Government Plans to Bring Back Law to Ban Cryptocurrencies

India’s Government Plans to Bring Back Law to Ban Cryptocurrencies

A report revealed that the Finance Ministry is now inviting other ministries to have a discussion of its earlier draft on the crypto ban introduced a year ago.

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