Turkish authorities have arrested six former senior executives of Maslak-based GKFX Financial Services Limited Company for their alleged involvement in a massive $29 million fraud. According to multiple local media houses, the suspects embezzled the brokerage’s money by manipulating the accounting books. The alleged perpetrators have been identified as MKY, BK, […]

Key Takeaways Simplex would add Cardano to its vast list of supported cryptocurrencies. The move is expected to open access to ADA to a broader audience. A positive market reaction to the news could see this altcoin’s price surge and retest its recent all-time high. Payment processing solutions Simplex revealed […]

After vowing to never buy bitcoin again, stock trader Dave Portnoy has sold all of his dogecoins, which he bought when the price was at a record high, to buy one bitcoin. Having been called “paper hands,” Portnoy now says will never sell his one bitcoin. Dave Portnoy Now a […]

The comparison website that operates in 83 countries, finder.com, has recently published its quarterly bitcoin price prediction report for 2021 and the panellists are very optimistic about bitcoin’s future value. A number of Finder’s panel of 35 fintech specialists believe that bitcoin is set to crack $100k this year. Finder’s […]

Key Takeaways TIME’s 100 Most Influential Companies list includes two crypto firms: Coinbase and Digital Currency Group (DCG). It chose those two companies due to the “extraordinary impact” that each has made in the business world. TIME has previously taken interest in cryptocurrencies and NFTs. TIME Magazine has listed Coinbase […]

Rakuten Securities, one of the leading brokers in Japan, announced its financial results today for the three months ended 31 March 2021. The broker reported 3.57 billion yen in net income in the last quarter, compared to 2.68 billion yen for the same period last year. According to the official […]

A new survey revealed the different stances of Russians toward cryptocurrencies and fiat currency. Specifically, some of the respondents believe digital assets will replace fiat in ten years. Residents in Moscow Believe Cryptos Will Replace Fiat, While Others Are Skeptical According to Nord News, the research was conducted by Otkritie […]

Key Takeaways Fear, uncertainty, and doubt dominated investors who rushed to exchanges to sell their Bitcoin. While BTC’s price dropped, Tether’s market capitalization surged, signaling that demand for cryptocurrencies continued rising. Now that the pioneer cryptocurrency has bounced off a crucial support level, it could target nearly $57,000. Bitcoin is […]

Key Takeaways JPMorgan seems to be trying to keep up with the growing institutional demand for Bitcoin. The American financial giant has not only recommended investors to add this digital asset to their portfolios, but now is allegedly creating a BTC fund. Sources familiar with the matter affirmed that the […]