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Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes
20.7.2021
The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day....
Tencent's Buying Spree Continues With Majority Stake In Battlerite developer Stunlock Studios
20.7.2021
Yesterday, Kotaku reported that Tencent wants to buy British game maker Sumo Group for an eye-watering $1.3 billion. Today, we’re reporting that the Chinese conglomerate acquired a majority stake in Stunlock Studios.Based in Sweden, Stunlock Studios is best known for free-to-play Battlerite, which...
Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
18.7.2021
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will...
Bitcoin Shows Resilience Amid Global Political Pushback
17.7.2021
The cryptoasset market remains in something of a funk. Having been knocked off course by Tesla’s announcement that it would no longer accept bitcoin (BTC) as payment for its cars, it has been dragged further down by a steady stream of governmental and regulatory pushback.
From China’s crackdown...
LBank Recruits Global Elites to Share Crypto Growth Dividends
17.7.2021
PRESS RELEASE. Internet City, Dubai — As an innovative global trading platform for various crypto assets, founded in 2015. LBank officially launched the Global Ambassadors Recruitment at the end of June in 2021. LBank provides its users with safe crypto trading, specialized financial...
Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange
16.7.2021
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa...
New project aims to bring global crypto miners to Russia
16.7.2021
Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies
Baanx BXX Token: 100% Increase on Its Debut
16.7.2021
PRESS RELEASE. BXX listed on the MEXC Global exchange, and jumped from $0.15 at listing, to $0.50, before settling down to the mid. $0.30s- a more then 100% increase over the course of its first few hours of trading. Pools are also now available on Uniswap 2.0 in both USDT and ETH. Imagine a world...
Shapeshift to Dissolve Corporate Model, Platform Airdrops FOX Tokens to Community of Users
16.7.2021
Founded on July 1, 2014, Shapeshift has been offering global trading of a variety of digital assets for seven years. Following the company’s recent anniversary, it announced Shapeshift is evolving into a community-owned decentralized platform. Shapeshift founder Erik Voorhees explained in...
LBank Recruits Global Elites to Share Crypto Growth Dividends
16.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Internet City, Dubai — As an innovative global trading platform for various crypto assets, founded in 2015. LBank officially launched the Global Ambassadors Recruitment at the end of June in 2021. LBank provides...
Italian Regulator Warns Binance Crypto Exchange Not Authorized to Provide Investment Services in Italy
15.7.2021
Binance’s regulatory troubles grow with Italy being the latest country to issue a warning on the global cryptocurrency exchange. Other countries that have issued similar warnings include the U.K., Japan, Thailand, and the Cayman Islands. Crypto Exchange Binance Unauthorized in Italy...
Poland, Romania Rank in Top 10 for Number of Bitcoin ATMs, World’s Total Exceeds 23,000
15.7.2021
Two East European nations, Poland and Romania, are now among the top 10 countries hosting the most cryptocurrency ATMs. The global number of teller machines supporting crypto transactions has increased exponentially over the past months, now reaching over 23,000 devices. Poland Ranks Among Leading...
China's Global Bitcoin Hashrate Was On Decline Before Crackdown
15.7.2021
It seems that the Great Miner Migration began even before the latest exodus from China. That country’s share of global Bitcoin (BTC) hashrate started declining before the latest government crackdown, while that in other countries has seen an increase, found the Cambridge Centre for Alternative...
Visa to Approve Cryptocurrency Card by Australian Startup
15.7.2021
Visa is reportedly set to approve Australian crypto startup Cryptospend’s issuance of debit cards for spending bitcoin and several other cryptocurrencies. “We have a lot of demand for the card,” the company claims. Global card giant Visa is expected to announce later this week...
Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG in New Fund Manager Survey
15.7.2021
Bank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now “long tech stocks,” followed by “long ESG.” Bank of America’s global fund manager survey for July...
Global payments brand Skrill expands crypto wallet services
14.7.2021
Skrill customers outside the United States now have access to 35 cryptocurrencies in their digital wallets. The company expanded into the U.S. in March of this year
Payments Provider Clear Junction Stops Processing Payments for Binance
12.7.2021
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction...
Asset Manager Guggenheim Lowers Bitcoin’s ‘Real Bottom’ Price Prediction
12.7.2021
Guggenheim CIO Scott Minerd has made another prediction about where the price of bitcoin will be, a lower estimate from his previous “real bottom” price prediction. The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, returned last week with another bearish...
Announcement About Global Chia Hackathon
12.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
We would like to make an announcement about the delay of Global Chia Hackathon, held by Sirius Labs and Chia Network. A new date will be an-nounced later (The Hackathon was originally planned to start on July...
Crypto.com Becomes Malta’s First Licensed Digital Currency Exchange to Offer Bank Transfers
11.7.2021
The digital asset trading platform Crypto.com has announced the firm has become the first global cryptocurrency exchange to obtain an Electronic Money Institution (EMI) license from the Malta Financial Services Authority (MFSA). According to the announcement, Crypto.com’s EMI license will...