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Bitcoin Mining Difficulty Set to Break the 2nd-Longest Drop Streak
30.7.2021
Bitcoin (BTC) mining difficultly is expected to rise this Saturday, after four consecutive drops, cutting into the growing profit margins of BTC miners.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, might go up around 5%, per the current estimations...
Bitcoin.com Celebrates Ethereum’s Birthday With $6000 Giveaway
30.7.2021
July 30th marks the day, six years ago, Ethereum was launched. The Bitcoin.com Wallet, having just integrated Ethereum, is excited to celebrate the achievements of the world’s premier smart contract platform – and to do so, we’re giving away $6000 in Ether (ETH), the native...
Bitcoin and Ethereum Correct Gains, Dips Remain Attractive
30.7.2021
Bitcoin price failed to settle above the USD 40,000 resistance zone. BTC started a downside correction below the USD 39,200 support. It is currently (12:31 UTC) trading below USD 39,000 and it might revisit USD 38,000.
Besides, most major altcoins are also correcting gains. ETH topped near...
A trade war misstep? China is vacating crypto battlefield to US banks
30.7.2021
Why is China forsaking cryptocurrencies at the same time that legacy U.S. banks, long wary of crypto, appear to be discovering its virtues?
Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto Craze
30.7.2021
The Central Bank of Russia (CBR) has identified 146 financial pyramid schemes in only six months this year. Fraudsters often lure people with weak financial literacy into investment scams linked to cryptocurrencies or crypto mining operations. Pyramid Schemes Thrive Amid Rising Investment Demand...
Bitcoin accumulation accelerates among ‘whales’ and ‘fish’ with BTC rallying to $40K
30.7.2021
"This is just on-chain sentiment, though. The big question is, how does that correlate to the price action in general?"
Binance Winds Down Derivatives In Europe While Malaysia Takes Action
30.7.2021
Source: Instagram, Binance
The crypto exchange giant Binance has run into yet more regulatory trouble in Asia while it's making new preventive moves in Europe.
The platform issued a notice on its Binance.com website explaining that it “plans to wind down its futures and derivatives products...
Polkadot – Vitalik’s Nightmare or a Blockchain Dream Come True?
30.7.2021
Although it’s possible to draw comparisons between almost any two blockchain development platforms, comparing Ethereum with Polkadot is almost an inevitability. Not only on the technical level – they use a comparable architecture and proof-of-stake consensus to achieve scalability...
US Digital Asset Bill 'Fairly Measured' But Raises Civil Rights Concerns - Attorney
30.7.2021
The 'Digital Asset Market Structure and Investor Protection Act,' introduced by US Representative Don Beyer, is "unsurprising and fairly measured," but in some key places, "its overbreadth or ambiguities raise civil rights and other issues," according to Gabriel Shapiro...
Bitcoin OTC desks buzz as analyst warns big players 'want your Bitcoin'
30.7.2021
There's no shortage of demand for Bitcoin at current prices, but volatility to the downside is back on Friday
We have to be in the crypto space, Mastercard CEO says
30.7.2021
Mastercard is angling to become the go-to for governments and private entities when testing and rolling out central bank digital currencies or stablecoins
Regulators Must Make Sea Change on Crypto, and IMF Is Ready To Engage
30.7.2021
An influential economic thinker has urged Western governments to “stop dismissing the crypto revolution as some mix of illicit payments schemes and reckless financial speculation” – while a new paper from the IMF suggested that nations pick up the pace with their digital money development. The...
Digital Yuan to Promote International Use of Chinese Currency, Experts Say
30.7.2021
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct...
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
30.7.2021
The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade. In addition, such digital currencies allow African countries to carry out all cross-border payments smoothly...
Bitcoin Takes Pause While Ethereum, XRP Gain Bullish Momentum
30.7.2021
Bitcoin price is trading in a bullish zone above the USD 39,000 and USD 39,200 levels. BTC is currently (04:36 UTC) trading below USD 40,000. If there is a stronger downside correction, the price might find support near USD 39,200.
Besides, most major altcoins are gaining pace. ETH surged over...
Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally
30.7.2021
Santiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are operating illegally in the country. The regulator is now producing the necessary data for Mexican authorities to act against these exchanges. The institution...
US Senator Lummis: Big Government Spenders Are Accelerating Adoption of Crypto Assets Like Bitcoin
30.7.2021
U.S. Senator Cynthia Lummis is pushing for regulation that would ensure bitcoin remains a good store of value. If the cryptocurrency “is to become what El Salvador has done, legal tender, then we need to make sure that we are using it in ways that comply with the Bank Secrecy Act...
MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2
30.7.2021
As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset
Financial Giant State Street Expands Cryptocurrency Services as Demand From Traditional Funds Soars
30.7.2021
State Street Corp., one of the world’s leading providers of financial services to institutional investors, has announced the expansion of its crypto services in partnership with Lukka, an enterprise crypto asset data and software provider. State Street Launching New Crypto Services State...
Mila Kunis’ ‘Stoner Cats’ NFT Sale Pulls in $8M — Animated Series Can Only Be Watched by NFT Holders
30.7.2021
A new non-fungible token (NFT) project crafted by the American actress and producer, Mila Kunis, has made millions selling NFTs tied to an animated series called “Stoner Cats.” The project is a show that will only allow token holders the ability to watch the upcoming series produced...