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Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar
10.8.2021
The dominance of Bitcoin transactions of values above $1mm doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space
'A Code Red for Humanity' and a Reminder for Bitcoin Miners
10.8.2021
Source: Adobe/Андрей Трубицын
The Bitcoin (BTC) mining industry might want to accelerate its transition to green energy sources and decrease the risks of another regulatory pushback as the world’s top climate scientists have stated that "human influence has warmed the climate at a rate that...
Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework
10.8.2021
Uganda’s blockchain community welcomes the recent call on authorities to create a cryptocurrency regulatory framework, a board member of the Blockchain Association of Uganda (BAU) has said. The member, Suleiman Murunga, explains that such a framework “will create investor confidence...
Bitcoin ‘golden cross’ due in days as bears draw a line at $47K BTC price
10.8.2021
Vote day for the Senate infrastructure bill is here, while BTC price action continues to cement higher support
Total crypto market value breaks $1.9T for first time since May
10.8.2021
Crypto markets recorded a notable rise, surging $700 billion, or 58%, over the past 21 days
Crypto Industry Finds Bright Side after Infra Bill Amendment Fails
10.8.2021
The Apotheosis of Washington in the eye of the US Capitol Building's Rotunda depicts George Washington rising to the heavens in glory, flanked by female figures representing Liberty and Victory/Fame and surrounded by six groups of figures. The sun has all but set on hopes of amending...
Operating a crypto exchange in Japan is ‘rather tough,’ FSA chief admits
10.8.2021
Japan’s newly appointed Financial Services Agency Commissioner Junichi Nakajima believes Bitcoin is a quick way to transfer cash, but people use BTC for speculation and investment
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
10.8.2021
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report...
Bitcoin investment products still suffering outflows despite price recovery
10.8.2021
While institutions are still withdrawing capital from Bitcoin investment products, money is flowing into Ethereum and altcoin products
Save the Children Senior Advisor: We Chose ADA Because Its Backed by the Cardano Foundation
10.8.2021
In July 2021, the non-governmental organization (NGO) Save the Children in Rwanda announced it partnered with the Cardano Foundation on a project that allows well-wishers to make donations in the form of cryptocurrencies. Save the Children Meets ADA At the time, it was revealed that Save...
Bitcoin and Ethereum Hold Uptrend Support, Altcoins Rally
10.8.2021
Bitcoin price remained supported above the USD 43,200 zone. BTC started a fresh increase and it was able to climb above the USD 45,000 resistance. It even almost tested USD 46,500 and it is currently (05:10 UTC) consolidating gains.
Similarly, most major altcoins are rising steadily. ETH is holding...
Refinable Launches Gaming Initiative to Support NFT and Play-to-Earn Movement
10.8.2021
Refinable, a leading NFT marketplace, today announced the Refinable Gaming Initiative, an industry-specific program aimed at deepening its collaboration with the gaming developer community, supporting NFT communities with a community push to Play-To-Earn (P2E) initiatives within NFT gaming....
Bitcoin Cash Argentina Crowdfunds Circular Economy and Adoption Campaign
10.8.2021
Bitcoin Cash Argentina, a nonprofit foundation destined to increase the knowledge and adoption of the cryptocurrency in the country, has achieved its second milestone by crowdfunding a new circular economy campaign using Flipstarter. This new campaign goes even further with the goal of onboarding...
Cinema operator AMC plans to accept BTC by 2022
10.8.2021
AMC chairman and CEO, Adam Aron, revealed the American cinema giant is looking to accept Bitcoin payments for movie tickets in response to customer demand
Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State
10.8.2021
Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state. While there have been no official explanations for this measure, some people with knowledge on the matter...
Central Bank Admits: Crypto Will Be Used as an Investment Tool
10.8.2021
South Korea’s central bank, the Bank of Korea (BOK), has issued a surprisingly crypto-friendly report about the role crypto may play in the economy of the nation going forward – and questioning whether bitcoin (BTC) and altcoins could “replace legal currencies” in the years to come.
There were also...
US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey
10.8.2021
The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have...
MicroStrategy and Bitcoin mining stocks rally as BTC price rebounds
10.8.2021
The price of MARA, RIOT, MSTR and other listed companies with exposure to Bitcoin has nearly tripled in the last three months
'We'll be back on this' — Alabama senator derails crypto amendment with two words
9.8.2021
"Who knows how much innovation we’re going to stifle, who knows what kind of new apps never emerge," said Senator Pat Toomey
Gold Rebounds After Sunday’s Flash Crash — Price Slide Blamed on Thin Trading Conditions, Leverage, Covid
9.8.2021
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed...