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Ukraine Might Allow Indirect Crypto Pay, Will Regulate Exchanges
9.8.2021
Ukraine could be set to allow its citizens to “protect their wealth” in cryptoassets, a minister has claimed – but will move to block direct crypto-powered payments and will regulate exchange in line with “international” guidelines.
In an interview with Minfin, Oleksandr Bornyakov, the Deputy...
No, Bitcoin isn't entering a 2018-like bear cycle, new data suggests as BTC targets $45K
9.8.2021
Even as Bitcoin trades almost 35% below its previous record high of about $65,000, long-term investors have not contributed actively to its decline
Using a Crypto Loan App to Bring Financial Services to Excluded Groups in Africa
9.8.2021
In much of Africa, many people still lack access to basic financial services for many reasons. One of the reasons is that financial institutions have set standards or thresholds that make it impossible for low-income earners to even open a bank account. Access to soft loans or other forms...
BTC price caps $4K weekly gains: 5 things to watch in Bitcoin this week
9.8.2021
A third week of solid bullishness for BTC/USD comes as headwinds mount and gold tumbles to more than four-month lows
Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police
9.8.2021
A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under...
Flash crash rattles gold markets as Bitcoin holds strong
9.8.2021
Gold prices have dropped below $1,700 per ounce this morning in what analysts described as stop-loss driven selling
Alchemy Pay Drives Crypto Adoption by Bridging Fiat and Crypto Economies
9.8.2021
Digital assets have seen great success as investment tools in recent years, but payment adoption is unfortunately still lagging behind. Alchemy Pay is well on its mission to change this by enabling millions of merchants to accept crypto payments and get paid in their local currency. At the same...
Bitcoin and Ethereum Correct Gains, Bulls Remain Active
9.8.2021
Bitcoin price gained momentum after it settled above the USD 40,000 resistance. As a result, BTC broke the USD 42,000 and USD 43,500 resistance levels. It is currently (04:30 UTC) correcting lower, but the bulls might remain active near USD 43,000 too.
Similarly, most major altcoins are also...
New Brazilian Bitcoin ETF pledges carbon neutrality
9.8.2021
Hashdex has promised to invest a portion of the assets managed by its new BITH11 ETF into carbon credits and green tech
Youtube Superstar KSI ‘JJ’ Says ‘I’m Really Into Crypto, Bitcoin Is the Future’
9.8.2021
Youtube superstar and rapper KSI, also known as JJ, says he is “really into crypto.” Emphasizing that “Bitcoin is the future,” he said a lot of people do not understand that crypto “is a long-haul thing.” KSI Is ‘Really Into Crypto’ Famed rapper...
US Senator Warren Sees Benefits of Cryptocurrency but Warns ‘a Run on Crypto’ May Need Federal Bailout
9.8.2021
U.S. Senator Elizabeth Warren, a longtime bitcoin skeptic, has shared her view of the benefits of cryptocurrencies. While noting that “The biggest upside to cryptocurrency could be expansion or democratization of access to the financial system,” she warned that the crypto industry...
Top 5 cryptocurrencies to watch this week: BTC, LTC, ICP, THETA, FTT
9.8.2021
Bitcoin is facing stiff resistance at the 200-day SMA but if bulls can clear this hurdle, LTC, ICP, THETA, and FTT may extend their relief rally
Billionaire Hedge Fund Manager Ray Dalio Still Concerned Government Could Outlaw Cryptocurrency
9.8.2021
The founder of the world’s largest hedge fund, Bridgewater Associates, is still concerned that governments could outlaw cryptocurrencies. Nonetheless, he sees bitcoin as digital gold and owns some for diversification. Ray Dalio Worried About Government Outlawing Cryptocurrencies Bridgewater...
Wu-Tang Clan’s Ticalion Stallion Method Man to Drop ‘Tical World’ NFT Comic Art
9.8.2021
Clifford Smith Jr., better known by his stage name Method Man from the rap supergroup the Wu-Tang Clan, announced plans to launch a non-fungible token (NFT) collection called “Tical World.” The tokenized comics and Killa Beez-centric art was designed by the New York artist Alex Smetsky....
Dogecoin Captures Double-Digit Gains This Week — One Address Still Holds 28% of the DOGE Supply
8.8.2021
The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s...
US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’
8.8.2021
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do...
SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear
8.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance and money,” he said. Satoshi Nakamoto’s Innovation Is Real...
S2F Creator Plan B ‘Reconfirms’ His Confidence in Bitcoin Forecast — ‘This Bull Is Not Over and $64K Was Not the Top’
8.8.2021
Last month, the popular bitcoin analyst and creator of the stock-to-flow price model, Plan B, explained that he believed the “bull is not over.” On August, 6, Plan B is still showing confidence in his forecast and reconfirmed his message from last month. Meanwhile, bitcoin prices have...
Port Finance to List on AscendEX
8.8.2021
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim...