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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....
EtherLite (ETL) Token Is Now Listed on Bitcoin.com Exchange
20.7.2021
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of ETL, being available to trade on the 19th July 2021 at 16:00 UTC. ETL was created by the EtherLite team, as the utility token for their borderless, decentralized network with validators and community members from all around...
Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
20.7.2021
Plan B’s stock-to-flow model is the closest it’s ever been to being invalidated as Bitcoin stagnates in the $30,000 range
Bitcoin Keeps Outperforming As Crypto Market Ruled By Bears
20.7.2021
Bitcoin price extended its decline and it broke the USD 30,000 support zone. BTC broke the USD 29,500 level and it remains at a risk of more downsides. It is currently (12:11 UTC) trading well below USD 30,000 and it might continue to move down towards USD 28,000.
However, BTC is still among...
Crypto is an ‘untested asset category,’ says UBS CEO Ralph Hamers
20.7.2021
The UBS chief said the bank continues to urge caution when it comes to crypto exposure for its clients
Elon Musk, Jack Dorsey, Cathie Wood Will Discuss Bitcoin Live at ‘B Word’ Event
20.7.2021
Tesla CEO Elon Musk, Twitter CEO Jack Dorsey, and Ark Invest CEO Cathie Wood will be featured speakers at the Bitcoin event “The B Word,” which will feature a live discussion between the three focused on how Bitcoin is perceived by the mainstream. The ₿ Word event organizer...
Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
20.7.2021
Rothschild Investment Corp has bought more Bitcoin and Ethereum exposure via Grayscale despite the ongoing crypto market retreat
Axion - New Staking Crypto With Bitcoin Dividends - Ledgers Giveaway
20.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Axion is all about supporting the crypto community. That’s why Axion is helping investors be more secure by giving away 2 Ledger Nano S hardware wallets every day for the next 30 days.
According to their...
Pre-Crash Survey: 70% Of Institutional Investors Considered Buying Crypto
20.7.2021
Before the crypto market started its downturn in April this year, around 70% of surveyed global institutional investors planned to buy cryptoassets eventually.
Also, more than 50% of the 1,100 investors surveyed by Coalition Greenwich on behalf of Fidelity Digital Assets, a crypto-focused arm...
Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’
20.7.2021
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via...
Osprey Funds CEO says US will approve Bitcoin ETF in 2022 ‘at earliest’
20.7.2021
Greg King, CEO of Bitcoin trust issuer Osprey Funds, thinks the U.S. SEC has too many things on its plate this year to get to the issue of crypto ETF approvals
No hard fork love for Ethereum as ETH price falls to a three-week low
20.7.2021
Ether continues to trade lower under the shadow of Bitcoin in days leading up to its supply-crunching hard fork event
Aussie Bitcoin miner to reportedly raise $200M ahead of Nasdaq listing
20.7.2021
Sydney-based Iris Energy is reportedly prepping for the United States' tech-focused exchange with new fundraising
Crypto joins stocks in 'extreme fear' after Bitcoin loses $30K support
20.7.2021
A rout in sentiment in both crypto and traditional markets underscores the "extreme fear" surrounding Bitcoin's move below $30,000
South African Central Bank Warns Citizens Against Accepting Tainted Banknotes
20.7.2021
A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank is now asking citizens to reject banknotes that are stained with traces of blue and green ink. Increasing Circulation of Stained Banknotes According to an EWN report, the South...
Museum of Bitcoin Mining History Opens Its Doors in Venezuela
20.7.2021
A new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend. The institution will allow visitors to learn about the history of cryptocurrency mining, going from its roots to the current state of the mining industry. The museum is part of a private initiative...
Bitcoin crashes below $30K, but on-chain data suggests accumulation is brewing
20.7.2021
Despite the Bitcoin markets slipping below $30,000, on-chain data suggests accumulation may be underway, as $1 billion worth of BTC leaves exchanges each month
Crypto in the UAE: TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency
20.7.2021
On photo left to right: Saif Al Mansouri – CEO TRES OTC DMCC; Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC; Dmitry Krasnogor – Managing Director TRES OTC DMCC; Antony Katin – CEO SIMBA Storage; Alexey Liakhovnenko – CEO TRES Group GmbH....
Ethereum, Altcoins Drop Against Bitcoin Amid Risk Asset Seloff, Strong USD
20.7.2021
Bitcoin price is following a bearish path below the USD 32,000 pivot level. BTC even broke the main USD 30,000 support zone. The price is currently (04:23 UTC) moving lower and it could even test the USD 28,000 support in the near term.
However, BTC is the best performing major cryptoasset today...
Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week
20.7.2021
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. The Venezuelan currency, the Bolivar...