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OKEx Led Market in Bitcoin Whale Trading in June - Study
9.7.2020
In June, major crypto exchange OKEx positioned itself among the most popular exchanges for so-called whales, and a leading venue for bitcoin (BTC) price discovery, a study from crypto data provider Kaiko has found.
Originally launched as one of the early Chinese BTC exchanges, OKEx is...
First Russian Crypto Law ‘to Be In Force by Start of 2021’
9.7.2020
Russia’s first crypto law “will be adopted by January 1, 2021,” said the bill’s chief architect, adding that the legislation is “now approaching the finish line.”
Per RBC, Anatoly Aksakov, the head of the State Duma’s financial committee and the man charged with mediating the “On Digital Assets”...
Crypto-Powered Cannabis, Bitcoin Buying on Trezor + More News
9.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Tokenization news
US-based firm Ceres is seeking permission from the US Securities and Exchange Commission (SEC) to sell a token that represents...
Major Bitcoin Exchange Coinbase Prepares For Stock Market Listing - Report
9.7.2020
US-based major crypto exchange Coinbase could list its shares on a stock exchange this year or early next year, Reuters reported, citing "three people familiar with the matter."
The company has already been in talks to hire investment banks and law firms, the report said, adding that...
Renato Rodriguez Pushes To Unite And Spread Crypto In Every Corner Of The World
9.7.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Today, blockchain networks and cryptos allow people to transact directly without having to go through a centralized institution. With blockchain, retailers are able to bypass conventional financial systems...
Lost Bitcoin to Skyrocket Unless Investors Start Making Wills
9.7.2020
A looming crypto inheritance crisis could lead to millions of tokens becoming irreparably lost if the findings of a new report prove to be true.
A whopping 89% of surveyed cryptocurrency investors said they, on some level, were concerned about losing their assets when they die, but less than...
Bitfinex, Binance Rush to Capitalize on Dogecoin Fever
9.7.2020
With dogecoin (DOGE) now up by another 18% in the past 24 hours, exchanges are rushing to capitalize on the fever, launching both spot and futures markets in an effort to extract more money from hopeful investors.
The latest exchanges to announce that they will join the race now is Bitfinex...
Latin American Crypto Exchange Bitso Says it Has 1M Active Users
9.7.2020
Mexico’s crypto scene is booming again, with one of the nation’s largest crypto exchanges, Bitso, claiming it has reached the 1 million active user mark.
In an interview with El Economista, Daniel Vogel, Bitso’s CEO stated that crypto was continuing to gain ground in traditional markets like...
Bank of Lithuania's LBCOIN is a 'Playground' for Testing CBDCs
9.7.2020
The reverse of the physical coin. While presenting their new digital coin, the first of its kind, the central bank of Lithuania said that this project serves as a type of a testing ground for a possible future central bank digital currency (CBDC).
At the press conference Thursday morning, the Bank...
Risks of Centralized Stablecoins Materialize as 100k USDC Frozen
9.7.2020
Centralized stablecoins may be about to face more scrutiny from the crypto community after it was revealed yesterday that USD Coin (USDC) issuer Centre has frozen an address holding USD 100,000 worth of the stablecoin.
The actual blacklisting of the address occurred back in June this year, and...
Bitcoin and Altcoins Turn Green
9.7.2020
Bitcoin price is trading in a positive zone above the USD 9,300 level and it recently climbed towards the USD 9,500 resistance level. BTC is currently (08:30 UTC) consolidating gains near USD 9,400 and it seems like the bulls are aiming at more upsides above the USD 9,500 and USD 9,550...
Crypto Jobs Pay Sky-high Wages in Russia, But ‘Overheating Is Over’
9.7.2020
Crypto jobs are among the highest-paying in Russia, per a new report – but experts believe salaries could plateau or even bottom out after “overheating” in the wake of the crypto boom of 2017.
Per data from job portal Rabota.ru and Russian postings on Cryptocurrencyjobs.com, as reported by...
Chinese Power Giant & World’s 5th Biggest Company in Blockchain Dive
9.7.2020
The State Grid Corporation of China (SGCC), the largest utility company in the world, says it will launch a blockchain “lab” – in a bid to adopt blockchain technology to its business workings and internal operations.
The SGCC is headquartered in Beijing, has around 1 million employees...
Consulting24 Has Launched The Top 3 Bitcoin Exchanges Comparison
8.7.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
With utmost pride, consulting24.co brings for its users BuyBitcoin24.com, one of the most user-friendly exchange comparison domains for those interested to buy bitcoin and other digital coins. The domain...
COVID-19 Is Changing Our Relationship With Money
8.7.2020
The coronavirus pandemic has prompted retailers to ask customers to wear masks, maintain physical distancing and avoid the use of cash when possible. Despite scientific evidence indicating that currency doesn’t transmit COVID-19, there continues to be an unprecedented weariness around the use...
Bitcoin, Ethereum, XRP CFDs, Defi Moves, Blockchain Deals + More News
8.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Japan’s Monex Group has launched crypto contract for difference (CFD) products for bitcoin (BTC), ethereum (ETH), XRP and bitcoin...
Another Bitcoin Stimulus Check Might Be Around The Corner
8.7.2020
The US government might send out another wave of stimulus checks to their citizens, which some might use to buy bitcoin (BTC) or altcoins - and which would in effect (ironically) mean that the BTC-skeptic Donald Trump, who is seeking reelection this November, might inadvertently help crypto...
Chainlink Surges to New Highs Fuelled by DeFi Boom
8.7.2020
On its third consecutive day of strong price gains, LINK, the native token of decentralized oracle platform Chainlink, today surged to yet another all-time high, fuelled partly by massive interest from across the cryptoverse in Decentralized Finance (DeFi) applications.
As of press time today...
Cardano Rally Continues as Hoskinson Suggests Litecoin Collaboration
8.7.2020
Charles Hoskinson. Source: a video screenshot, Youtube/Charles Hoskinson
Cardano (ADA) continued its rise higher today, after also seeing massive gains in price on both Monday and Tuesday this week. At the same time, Cardano-founder Charles Hoskinson raised the idea of a collaboration between...
Venezuelan Soldiers Stop Truck Full of Antminer 9 Bitcoin Mining Rigs
8.7.2020
The intercepted truck. Source: Twitter/@GNB_CZBolivar
The Venezuelan military says it has intercepted a truck full of 315 cryptocurrency mining rigs.
Per a tweet from the army’s official account, which also posted photos of the Chevrolet 350 truck – and its illegal cargo – the driver was unable...