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Russian Diplomat: El Salvador Proposes Settling Trade With Crypto
31.7.2024
El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly expressed interest in joining the BRICS bloc and may formally apply for membership within one or two years. Ukraine-Russia Conflict Echoes in Central...
BlackRock battles Bitwise as new Ethereum ETFs struggle to gain traction
31.7.2024
While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts
CryptoProcessing Demonstrates the Potential of Crypto Payments for Forex
31.7.2024
In a trailblazing twist that promises to transform the foreign exchange market, CryptoProcessing is proud to offer the integration of cryptocurrency as a payment gateway for Forex transactions. This solution aims to enhance the speed, security, and cost-efficiency of Forex payments, paving the...
Daily Crypto Update: Bitcoin and Ethereum stabilize while XRP rejoices
31.7.2024
After a whirlpool of fluctuations, it appears that the crypto market has found some stability. The top 10 cryptocurrencies have demonstrated that the industry has been relatively stable over the last 24 hours. The majority of the top cryptos ended the day in the same window as they started....
Wisconsin unveils tracker to fight crypto fraud and investment scams
31.7.2024
The Wisconsin Department of Financial Institutions aims to protect investors from crypto and investment fraud with a new scam tracker based on consumer complaints
BTC price lower highs keep Bitcoin bears in control at $70K
31.7.2024
Bitcoin continues to print lower highs on the daily chart since the BTC price all-time highs in March
China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
31.7.2024
Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago
Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike
31.7.2024
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said
Over 70% of hacked funds are lost to CeFi entities: Cyvers
31.7.2024
Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers
Huawei Aims to Drive AI Adoption in Africa With Data Center Expansion
31.7.2024
Chinese tech giant Huawei says it will leverage its experience to help African customers. The company aims to achieve this by providing storage products and services to manage data. Huawei will also offer cloud services to support African businesses. According to the company, data centers are...
CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times
31.7.2024
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage...
Bitcoin, Ether ETFs Record Outflows as Trump Speech Euphoria Fades
31.7.2024
The crypto-Trump trade appears to be softening
Tron Founder Justin Sun Calls on China to Warm up to Bitcoin
31.7.2024
Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and cryptocurrency mining altered the industry landscape...
Mt. Gox just moved $3B in Bitcoin; here’s why the price barely blipped
31.7.2024
Crypto analysts say Mt. Gox holders are more likely committed to HODLing, and the market thinks so too
Nvidia Becoming More Volatile Than Bitcoin and Ether
31.7.2024
Bitcoin has exhibited a strong positive correlation with NVDA since late 2022
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
31.7.2024
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers...
UAE residents can now trade crypto directly with their bank accounts
31.7.2024
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market
Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor
31.7.2024
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo Blockchain Announces $8.3 Million Private...
Gold Demand Hits Q2 Record High, Driven by Central Bank Purchases, World Gold Council Reports
31.7.2024
The World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying up by 6% and technology sector demand rising...
Bitcoiners tip ‘September breakout’ but cast doubt on near-term $100K
31.7.2024
Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year