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Digital Rupee Trial, No Tech to Implement Crypto Travel Rule + More News
27.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
CBDC news
The Reserve Bank of India (RBI) could commence preliminary central bank digital currency (CBDC) trials before the end of the year,...
‘Major catalyst’ needed to send Bitcoin price to a new ATH, says analyst
27.8.2021
Dan McDermitt from TheChartGuys says Bitcoin’s growth over the past month has been impressive but a "major catalyst" is needed if BTC is to reach a new all-time high
'Uber dovish' Fed sparks S&P 500 all-time high as analyst calls new Bitcoin impulse move
27.8.2021
It's bullishness all round except for the U.S. dollar after Fed Chair Jerome Powell's latest speech, as Bitcoin gains $1,400 in under an hour
Bitcoin could hit $30K or $100K this year as analyst warns 'next months are key'
27.8.2021
Bitcoin price forecasts differ hugely depending on the methodology used, but stock-to-flow creator PlanB favors his $100,000 average target
Binance lawsuit: Claimants mount up in arbitration for decentralization
27.8.2021
Binance processes around $25 billion worth of cryptocurrency trades daily and has seen over $2 trillion move through its exchange to date
Man Sues Parents Of Boys Accused Of USD 780K Bitcoin Heist
27.8.2021
A US citizens is suing the parents of two then-minors who had allegedly stolen three quarters of a million dollars worth of bitcoin (BTC) some three years ago.
In 2018, US citizen Andrew Schober was robbed of BTC 16.4, with a current value of about USD 780,000. In 2021, the victim claims...
Bitcoin and Ethereum Show Signs of Life, Cardano Gain Traction
27.8.2021
Bitcoin price remained stable above the USD 46,500 support level. A base was formed above USD 46,500 and BTC started a recovery wave. It is currently (11:45 UTC) trading above USD 47,000, with a major resistance near USD 48,500.
Similarly, most major altcoins are slowly recovering higher. ETH...
Bitcoin traders brace for Fed, options expiry as BTC price clings to $47K
27.8.2021
It's an end-of-month showdown for potential Bitcoin price triggers Friday as the Federal Reserve takes to the international stage
Wave of Adoption Continues: Cuba Set to Recognize Cryptocurrencies
27.8.2021
The government of Cuba has announced it will recognize cryptocurrencies and regulate their use for payments on the Caribbean island.
A resolution published in the Official Gazette said that the Banco Central de Cuba (BCC), the country’s central bank, will develop a set of rules for crypto,...
Bitcoin and Ethereum Turn Red, SOL Rallies
27.8.2021
Bitcoin price failed to stay above the USD 47,200 support zone, extended its decline, and tested the USD 46,500 zone. It is currently (04:00 UTC) trading in the red zone and it could continue to move downwards USD 46,000.
Similarly, most major altcoins are moving lower. ETH is trading well below...
Peter Schiff wins debate over whether gold is a better store of value than BTC
27.8.2021
During the debate, Schiff said that “in reality, Bitcoin and gold have absolutely nothing in common” as gold has value due to its metallic properties while Bitcoin is just a “giant pump and dump. ”
Jim Cramer: Coinbase stock is cheap, put 5% of your portfolio in crypto
27.8.2021
Jim Cramer, the host of CNBC’s Mad Money thinks Coinbase is the “natural repository of crypto” and has recommended buying the stock
Spanish Crypto Exchanges to Discover Their Fate by October
27.8.2021
The Spanish central bank will roll out its new registration process for crypto exchanges operating in the nation by October.
Exchanges have been in limbo since April this year, when parliament passed a new law aimed at tackling the spread of money laundering and terrorist financing. The law states...
Analysts say Bitcoin price pullback and profit-taking at $50K ‘was expected’
27.8.2021
Traders say a correction to lower support levels and standard profit-taking was expected after Bitcoin’s swift ascension to $50,000
Bitcoin ATMs: Illinois-Funded CoinFlip, New Compliance Cooperative + More News
26.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
ATM news
Bitcoin (BTC) ATM operator CoinFlip is expanding in Illinois, USA, by moving into an old post office in Chicago, according to...
Major hotel in Swiss Alps now allows crypto payments
26.8.2021
The Chedi Andermatt has 123 rooms and suites going for as low as 1,300 francs per night in the high season, or roughly 0.03 BTC or 0.45 ETH
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
26.8.2021
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to be delivered to Southeast Asia. The move follows a number of firms pivoting toward digital currency...
BTC price rejected at $50K; ADA bulls take a breather: Cointelegraph’s The Market Report is now live
26.8.2021
The Market Report with Cointelegraph kicked off at 16:00 UTC on Thursday. Find out what our analysts think about the BTC bull market and where we could be headed in the short- to medium-term
Mad Money’s Jim Cramer Recommends Putting up to 5% of Portfolios in Crypto
26.8.2021
The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer...
Budweiser Purchases Rocket NFT — ‘King of Beers’ Buys Beer.eth ENS Name for $96K
26.8.2021
A variety of well-known brand names have joined the cryptocurrency space and the budding non-fungible token (NFT) ecosystem. Now the Anheuser-Busch brand Budweiser has jumped into the NFT game by purchasing an NFT on Opensea for 8 ether ($25.7K). Moreover, Budweiser also owns the domain name...