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Bitcoin and Ethereum Struggle While Cardano Rallies Above USD 2
19.8.2021
Bitcoin price started a downside correction below the USD 45,500 support. BTC even broke the USD 45,000 level and extended its decline. It is currently (04:00 UTC) trading well below USD 45,000, and it could extend losses below USD 44,000.
Similarly, most major altcoins are slowly moving lower....
Binance Makes Regulatory Compliance Top Priority as the Crypto Exchange Pivots Into Financial Services Company
19.8.2021
Global cryptocurrency exchange Binance has made regulatory compliance its top priority. The exchange is on a hiring spree to “significantly” add to its compliance and legal teams. “We are going through a pivot from a technology innovator into a financial services company, so...
Federal Reserve Bank President: Bitcoin Has No Legit Use Case — Crypto Is 95% Fraud, Hype, Noise, Confusion
19.8.2021
Minneapolis Federal Reserve President Neel Kashkari says crypto is “95% fraud, hype, noise, and confusion.” He added, “I’ve not seen any use case other than funding illicit activities like drugs and prostitution.” Federal Reserve Bank of Minneapolis’ President...
Second largest US mortgage lender will accept crypto payments this year
19.8.2021
Speaking during a conference call about the firm’s Q2 results, United Wholesale Mortgage CEO Mat Ishbia outlined plans to accept crypto payments this year
Institutional Players May Dominate Bitcoin Trading Within 3 Years - Report
19.8.2021
Institutional players could dominate bitcoin (BTC) trading in the near future, as surveyed institutions expect asset managers, funds, and banks to be the most significant contributors to trading volume in the next three years, according to a report released by digital asset research firm Arcane...
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets
18.8.2021
President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities...
Derivatives Exchange Bitget Opens Global Ambassador Program to Crypto Lovers
18.8.2021
PRESS RELEASE. Top6 Derivatives Exchange Bitget has launched a Global Ambassador Program in its latest announcement. Any crypto enthusiasts, professional traders, crypto community leaders and KOLs can apply to become a Global Ambassador of Bitget. Successful applicants can engage in community...
Quant, Arweave and Avalanche soar while Bitcoin searches for support
18.8.2021
Bitcoin's price is losing its bullish momentum, but this did little to stop QNT, AR and AVAX from notching double-digit gains today
Founder of the Bitcoin Mixer Helix Pleads Guilty to Money Laundering Charges
18.8.2021
Larry Dean Harmon, founder and operator of the bitcoin mixing service Helix has pleaded guilty on Wednesday to money laundering charges. Harmon’s guilty plea follows the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) fining Harmon $60 million last year. Helix Operator...
UWM Crypto Payments, Binance in Netherlands, Bitstamp Won't List DOGE + More News
18.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
US mortgage lender United Wholesale Mortgage (UWM), previously known as United Shore Financial, will start accepting cryptocurrency...
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
18.8.2021
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared to mistakes made during the Vietnam War. Now that U.S. forces have left...
Bitcoin mining metric that has predicted every big BTC rally since 2020 is flashing again
18.8.2021
The fractal setup appeared at the beginning of the Bitcoin price rallies in January 2019, January 2020, March 2020 and December 2020
90% of Questions by Fidelity’s 'Biggest Clients' Have Been About Bitcoin
18.8.2021
The thing that the “biggest clients” of US-based mutual fund giant Fidelity have been the most interested about has been bitcoin (BTC), and though interest in ether (ETH) has been rising, it's not even close to that of BTC, said Christine Sandler, head of sales and marketing for Fidelity Digital...
Bitcoin's weekly MACD just crossed bullish for the first time in 11 months
18.8.2021
MACD is green for the first time since Bitcoin's all-time highs, but a correction is the "most obvious" first step, one trader says
Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit
18.8.2021
Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials. This affects the commission’s lawsuit against...
Bybit Becomes Esports Team NAVI's Official Crypto Platform for 3 Years
18.8.2021
Crypto exchange Bybit has entered a multi-year partnership with esports team NAVI, with the exchange saying that this "marks the beginning of its foray into esports collaborations."
The deal is a perfect match, say the new partners, as both industries showed "transformative...
Global Crypto Adoption Up 2,300% in Two Years - Chainalysis
18.8.2021
Crypto adoption as of the end of the second quarter 2021 has been up by more than 2,300% compared to Q3 2019 on a global basis, and over 881% in the last year, according to a report by blockchain analysis firm Chainalysis. The variations show adoption as a global phenomenon, but the report states...
Major Dutch Football Club PSV Hodls Bitcoin — Sponsorship to Be Paid Entirely in BTC
18.8.2021
Major Dutch football club PSV has signed a partnership deal with a crypto exchange and its sponsorship will be paid entirely in bitcoin. “PSV is the first club in the EU to receive the sponsorship amount in crypto,” said the football club. PSV Professional Football Club Will...
Quantum-Resistant Token, Crown Sovereign (CSOV) Will Be Listed on Bitcoin.com Exchange
18.8.2021
PRESS RELEASE. Crown Sterling’s Crown Sovereign token (CSOV), the world’s first quantum-resistant digital asset, will be listed on Bitcoin.com Exchange in late September. This represents a milestone for both parties, one where Crown Sterling’s (CSOV) token will be listed on one...