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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...
Ciphertrace Announces Enhanced Monero Tracing Capabilities for Governments
6.8.2021
Crypto compliance firm Ciphertrace has announced enhanced tools for tracing Monero transactions. “Ciphertrace takes Monero tracing capabilities to the next level with the ability to follow the flow of funds backwards from the transaction of interest to its source,” the company claims....
Analyst Predicts ‘Refreshed Bull Market’ for Bitcoin, Price Heading Toward $100K
6.8.2021
Bloomberg Intelligence analyst Mike McGlone sees “a refreshed bull market” for bitcoin. Comparing the performance of the cryptocurrency to the start of 2019, he explained, “we see performance parallels that could get the benchmark crypto back on track toward $100,000.”...
Coinbase Enables Crypto Buys With Apple Pay, Instant $100K Cashouts, Google Pay to Follow
6.8.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has enabled crypto buys with Apple Pay, and instant cashouts of up to $100,000 per transaction. The company will also soon enable crypto buys with Google Pay. Buy Cryptocurrencies on Coinbase With Apple Pay Crypto exchange Coinbase announced...
Bitcoin bulls overtake the $40K barrier ahead of Friday’s $625M options expiry
6.8.2021
Securing a close above $40,000 will give bullish pro traders a sizeable advantage in Friday's $625 million BTC options expiry
Marvel to Launch Spider-Man NFTs This Week — NFT Comic, ‘Super-D Figures’ to Follow
6.8.2021
On August 5, Orbis Blockchain Technologies Limited and Marvel Entertainment kicked off the Veve Digital Collectibles’ “Marvel Month” celebration. The two companies plan to issue the first non-fungible token (NFT) assets featuring the Marvel Super Hero, Spider-Man. The Orbis Veve...
‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
5.8.2021
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights...
Social Media Platform Torum Announces Strategic Investment by Huobi Ventures HECO Fund
5.8.2021
PRESS RELEASE. Torum announces strategic investment by Huobi Ventures, the $100 million venture arm of Huobi Group to foster blockchain adoption and ecosystem expansion. 5th August 2021, Kuala Lumpur, Malaysia — On the eve of the project’s 1st year launch anniversary, social media...
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...
Bitcoin Fees 'Unusually Low' But Set to Increase
5.8.2021
Bitcoin mining rigs. Fees on Bitcoin (BTC) network have dropped more than 90% in a month, with industry insiders noting that they are low compared to what has historically been seen - but that they will now start gradually rising as a series of mining difficulty adjustments that aimed to balance...
Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000
5.8.2021
Hopes of an eventual BTC ETF approval and a rebound off a key support level pushed Bitcoin price well above the $40,000 level, but can the bulls sustain the current volume?
Russia to Track Crypto Transactions With Help From Sberbank-Owned Company
5.8.2021
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep...
Crypto Gambler Wins $75,000 with a $31 Bet on ‘Book of Aztec’ at Bitcoin.com’s Casino
5.8.2021
Book of Aztec dishes out a massive round win worth a little under 2 BTC, leaving the player ecstatic! A small bet results in one of the biggest wins for the player One lucky player has just bagged a massive win worth $75,000 in a popular slot game from Amatic called ‘Book of Aztec’...
Invesco files with SEC for Bitcoin ETF without direct BTC exposure
5.8.2021
The Invesco Bitcoin Strategy ETF may “at times” invest in Bitcoin ETFs listed outside of the United States
Bitcoin ETFs, The 'Hedge Fund King' In Crypto, Pointless CBDC + More News
5.8.2021
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Investments news
Asset manager Melanion Capital has obtained approval from Autorité...
Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon
5.8.2021
Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July...
Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K
5.8.2021
A sudden change of sentiment on lower timeframes gives bulls something to smile about after a downtrend is swiftly cancelled out
Tracking sperm on Bitcoin with Eggschain — Wei Escala
5.8.2021
US Government Has Seized Cryptocurrencies Worth $1.2 Billion So Far This Year
5.8.2021
The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director. This is a significant increase from $137 million in crypto seized the previous year. $1.2 Billion in Cryptocurrencies Seized Jarod Koopman, director of cybercrime...
OVR and BlackPool: NFTs With Augmented Reality and Virtual Reality
5.8.2021
OVR is collaborating with BlackPool to add augmented reality (AR) and virtual reality (VR) to its ERC-721 NFTs at OVRLands. According to reports, the popular digital world of Non-Fungible Token OVRLands, would now have the ability to offer new experiences that give room for every kind...