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EQIFI Launches Suite of Decentralized Financial Products Powered by a Global, Licensed Bank
6.8.2021
PRESS RELEASE. British Virgin Islands — 6th August, 2021 — EQIFI, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, has today launched its DeFi platform, including newly introduced fixed-...
White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill
6.8.2021
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community is supporting a different amendment. White House Takes Stance on Infrastructure Bill’s Crypto Tax Amendment The White...
"Old" Bitcoin Outperforms Upgraded Ethereum
6.8.2021
Bitcoin price gained traction above the USD 39,000 and USD 40,000 resistance levels. BTC is back in a positive zone and it seems like the bulls might aim for a test of USD 42,500. It is currently (12:24 UTC) trading above USD 40,000 and dips might remain limited.
BTC is the second-best (+8%)...
Binance Halts Derivatives Offerings To Users In Hong Kong Also
6.8.2021
Crypto exchange giant Binance has is imposing restrictions on openings of new derivatives products accounts in Hong Kong, and providing users from the Chinese special administrative region with a grace period of 90 days to close their open positions.
“We will be restricting Hong Kong users...
Bitcoin fractal that predicted 2020 rally flashes again as BTC price reclaims $40K
6.8.2021
The MACD indicator hints at a potential bullish crossover as Bitcoin price retests $40,000 as support
Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
6.8.2021
Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages. Over 80 Mining Rigs Confiscated From Crypto...
‘Wrong Kind’ of Bitcoin ETF Head for US Approval as Futures Bids Made
6.8.2021
Bitcoiners have been waiting for American regulators to green-light a bitcoin (BTC) exchange-traded fund (ETF) for what seems like ages. And although it looks like they are finally close to a breakthrough, it turns out that after all the fuss, they might end up with the wrong kind of BTC ETF after...
Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
6.8.2021
One analyst says he is "not interested at all" in trading current levels as clear long-term resistance stays in play for both cryptocurrencies
Bitcoin Is Resilient to Break the $42,000 Resistance
6.8.2021
Bitcoin traders are back in action and this time with an arsenal of volume at their back. BTC price has to cross the $42,000 levels to remain in the bullish sentiment, but we witnessed a sudden and consistent fall from the level to $38,000. Bitcoin has the fundamental potential and buyer sentiment...
Bitcoin mining ban in China a 'game changer' for electric vehicle adoption
6.8.2021
Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban
Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...
Twitter's Bluesky Finds New Lead, Square Building the Wallet Team
6.8.2021
Jack Dorsey. Source: a video screenshot, Youtube, WIRED
Twitter-backed decentralized social media project Bluesky announced that a new and Twitter-independent entity is in the works, while Square is expanding their hardware wallet team.
"It’s been a long time coming, but we’ve finally found...
Bitcoin is the future, YouTube star KSI says
6.8.2021
British YouTuber KSI blames "over leveraging" for his previous loss of $9.74 million (£7 million) in crypto investment
'Bitcoin fixes this' — US Infrastructure Bill would add $250B to US debt mountain
6.8.2021
The hotly-debated legislation is no surprise to hard money supporters, as Cameron Winklevoss saying that it would "plunder" future generations
Xiaomi retailer in Portugal now accepts Bitcoin payments
6.8.2021
The official Portuguese shop of Chinese electronics giant Xiaomi has partnered with Utrust to unlock payments in five cryptocurrencies
Demand for Crypto Analytics Continues as Messari Raises $21 Million
6.8.2021
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto...
Cardano Can Take on Bitcoin, Ethereum in the Long-term
6.8.2021
The brainchild of Charles Hoskinson, who has earlier been credited with co-founding Ethereum, has some promising potential in contrast with the latest happenings in the crypto world. Cardano was officially launched in September 2017, and in merely three years, ADA has reached fifth position...
New Draft Law in Uruguay Could Legalize Crypto as Payment Method
6.8.2021
A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers...
Join The Smart Marketing Token (SMT) and Revolutionize Blockchain Marketing
6.8.2021
PRESS RELEASE. The fast-paced nature of the blockchain industry means that new crypto projects face the problems of a highly competitive market. This makes marketing a major aspect for projects to have a chance to gain traction within the crypto community. However, existing marketing services...
Bitcoin and Ethereum Correct Gains After a Strong Rally
6.8.2021
Bitcoin price remained stable above the USD 38,000 support zone. As a result, BTC started a fresh increase and it broke the USD 39,000 and USD 40,000 resistance levels. After surpassing USD 41,000, the price is currently (04:29 UTC) trimming gains and moving towards USD 40,000.
Similarly, most...