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Malaysia is literally crushing thousands of illegal Bitcoin miners
16.7.2021
It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap
Investors Are Still Free To Use Binance, Says Polish Regulator
16.7.2021
Source: a screenshot, Instagram/binance
After warning local investors about Binance last week, Poland’s Financial Supervision Authority (KNF) reminds that they are still free to decide whether to use this platform. As it does not supervise crypto exchanges in Poland, the authority only reacts...
China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced
16.7.2021
The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress. The PBOC initiated a task force dedicated to the creation of a digital yuan in 2014, and the recently...
Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K
16.7.2021
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020
Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform
16.7.2021
PRESS RELEASE. Position Exchange’s Team is pleased to announce the launch of its new Decentralized Trading & Exchange Community driven platform. What is Position Exchange? Position Exchange is the new Decentralized Trading & Exchange platform, powered by a virtual Automated Market...
Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume
16.7.2021
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago,...
Bitcoin price passes $32K with traders wary of 'relief rally' if resistance stays
16.7.2021
Bitcoin may not be able to make good on its Bank of America pump if its daily close fails to impress
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
Softbank Invests In Bullish, Bank Of America & Bitcoin Futures + More News
16.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
SB Northstar, a unit of SoftBank Group, agreed to invest USD 75m in Bullish, the sponsor of a not-yet-operational crypto...
Bitcoin Mining Difficulty Is Set to Drop to June 2020 Level This Weekend
16.7.2021
Bitcoin mining rigs. Bitcoin (BTC) mining difficulty is set for another notable drop this weekend - this one dragging it down to the June 2020 level.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to drop around 6% in less than two days,...
US Government Offers Cryptocurrency in ‘Rewards for Justice’ Program
16.7.2021
The U.S. Department of State’s Rewards for Justice program is offering a reward of up to $10 million “for information on foreign malicious cyber activity against U.S. critical infrastructure.” The department further said that “Reward payments may include payments...
Bitcoin bounces off $31K after Bank of America greenlights BTC futures trading
16.7.2021
Little change on Bitcoin markets as sideways trading continues and a clear bear trend is yet to enter decisively
Lithuania Issues Warning to Binance, Warns Investors Crypto Services Are Not Regulated
16.7.2021
Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning. Lithuania Warns Binance Lithuania’s central bank announced Friday that...
Bitcoin and Ethereum Weekly Wrap: Bears In Control
16.7.2021
Bitcoin price remains in a bearish zone below USD 33,500 and USD 35,000. BTC is following a declining pattern, with a strong support at USD 30,000. If there is a daily and weekly close below USD 30,000, the price might dive more.
Similarly, most major altcoins are at a risk of more losses....
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...
Brazil Approves First Latam Based Ethereum ETF
16.7.2021
Regulators from the CVM, the securities watchdog of Brazil, have approved the first Ethereum-based ETF in Latin America (Latam). The product, presented by blockchain investment company QR Asset, aims to simplify the task of getting Ether exposure for retail and institutional investors. It will...
NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War
16.7.2021
A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted...
PayPal US Users Can Now Spend More on Bitcoin in Week Than They Could in Year
16.7.2021
Online payments giant PayPal has made a major change for their US customers - it now allows them to spend five times more on bitcoin (BTC), ethereum (ETH), and other supported cryptoassets a week.
"As part of our efforts to meet the ever-changing needs of our customers, we are pleased...
Tennessee city wants to accept property tax payments in Bitcoin
16.7.2021
Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation
Ripple to Grill Ex-SEC Official Who Said Bitcoin, ETH Weren’t Securities
16.7.2021
Ripple may have won an important battle in its protracted legal struggle with the American regulatory Securities and Exchange Commission (SEC) – after it was granted permission to question a former agency official about its crypto policy deliberations.
Per Bloomberg, the SEC had attempted to block...