Bitcoin Price Spikes in Argentina, Hong Kong

Data gathered by Bloomberg reveals that, despite a recent global drop-off in cryptocurrency price, bitcoin is attracting investment from Argentina and Hong Kong. The report, published on August 13, 2019, examined the value of bitcoin trades on various cryptocurrency exchanges, including LocalBitcoins.com, claiming that bitcoin has been trading at a 4 percent premium in Hong…

With MoonRekt, You Can "Play" Bitcoin Price Action

Hxro, the company behind the crypto price prediction game MoonRekt, has announced an update to the platform that expands its wager offerings by adding bitcoin. The gaming startup announced that MoonRekt will now allow players to play with and get paid in bitcoin, per a press release. The game lets people “play” bitcoin price action…

Barclays Ends Banking Relationship With Coinbase

Barclays Bank, one of the largest banking institutions in the world, will no longer be providing banking services to Coinbase UK. CoinDesk first reported the details of the split, adding that the exchange has signed up with a replacement banking partner known as ClearBank. Coinbase started banking with Barclays in 2018, in a deal which…

Cryptocurrency Miner Maker Coinmine Raises $2.5 Million

Coinmine, Inc., the creator of the Coinmine One cryptocurrency mining device, has raised $2.5 million in a funding round led by Los Angeles-based M13 Ventures with participation from Republic Labs, Gumi Crypto, Canaan Beta and early Uber investor Shervin Pishevar, the company’s CEO and co-founder, Farbood Nivi, told Bitcoin Magazine. The new funding round brings…