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South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds
3.8.2021
A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company....
Bitcoin and Ethereum Test Key Support
3.8.2021
Bitcoin price started a downside correction below the USD 39,200 support. BTC even traded below USD 38,500, but the bulls were active near USD 38,000. It is currently (12:12 UTC) testing USD 38,000 and it might move lower.
Most major altcoins trading above important supports. ETH extended...
More like 'shock-to-flow' — BTC price hits bull trigger as mystery buyers scoops up supply
3.8.2021
Someone is buying "a lot" of Bitcoin this week as stock-to-flow deflection reaches a level which traditionally sparks a serious price surge
Indian Government Clarifies Status of Cryptocurrency Trading, Regulation, Investor Protection
3.8.2021
India’s Ministry of Finance has answered some questions regarding the status of cryptocurrency trading in the country as well as crypto regulation and investor protection. The minister of state for the finance ministry has indicated that the recommendations in the draft bill proposed by...
Russian court orders Sber to unblock account used for Bitcoin trading
3.8.2021
According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades
Pantera CEO Trims Bitcoin Price Forecast For 2021, Sees ETH Outperforming
3.8.2021
Dan Morehead. Source: A video screenshot, Youtube/Real Vision Finance
After earlier estimations that bitcoin (BTC) might hit USD 115,000 by August failed to materialize, Dan Morehead, CEO and Founder of Pantera Capital, lowered the estimated price tag for this year and said that ethereum (ETH) will...
Bitcoin price dips below $38K with bullish traders eyeing a new higher low next
3.8.2021
The hunt to establish firm support higher up the $30,000 channel continues amid confidence that the worst of the longer-term retracement is already over
ETH 2.0 will help Ether outpace Bitcoin, Pantera Capital CEO predicts
3.8.2021
Ether has more potential than Bitcoin as a newer cryptocurrency, and the latest EIP 1559 will help the token trade more like a fixed asset, Pantera Capital CEO said
Cryptopunk Owner Hopes to Sell Punk for $91 Million — Pixelated NFT Punks Outshine the Competition
3.8.2021
While traditional crypto assets have seen market sentiment drop to a level of uncertainty, non-fungible token (NFT) assets have continued to sell in the millions. One project developed by Larva Labs called Cryptopunks has seen some of its NFTs sell for millions and on May 11, a collection of nine...
SkyBridge buys 38,500 tons of carbon offsets
3.8.2021
SkyBridge Capital has purchased 38,436 tons of tokenized carbon offsets
Nodeseeds Launches Three-Tier Membership to Ensure Transparency and Fair Allocation of Projects
3.8.2021
PRESS RELEASE. Blockchain venture capitalist firm Nodeseeds has announced the launch of a three-tier membership system to democratize its investment process. Nodeseeds revealed further details in a blog post on its medium page. Fair Allocation Tier System According to the post, Nodeseeds stated...
Bitcoin outflows from centralized exchanges surge to 100K BTC monthly
3.8.2021
Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020
Bitcoin and Ethereum Struggle, Altcoins Correct Lower
3.8.2021
Bitcoin price settled well below the USD 40,000 pivot level. BTC even broke the USD 39,200 support level and extended its decline. It is currently (04:26 UTC) showing bearish signs and it could continue lower below USD 38,000.
Similarly, most major altcoins are struggling to gain traction....
Binance Discontinues Futures and Derivatives Products in Germany, Italy, and the Netherlands
3.8.2021
Binance, the leading cryptocurrency exchange by trading volumes, announced it is discontinuing its derivatives and futures products in Germany, Italy, and the Netherlands. This is likely the consequence of the regulatory crackdown that governments all over the world have exerted on Binance lately....
Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador
3.8.2021
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings...
US Senator Says Crypto Tax in Infrastructure Bill Is ‘Unworkable,’ Plans to Offer Amendment to Fix It
3.8.2021
Several U.S. lawmakers have spoken up against the cryptocurrency tax provision in the $1 trillion infrastructure bill. While the bill has been revised from last week’s version, the text is still “unworkable,” according to Senator Pat Toomey. “I plan to offer an amendment...
Smaller South Korean Crypto Exchanges Begin to Shutdown, Suspend Services
3.8.2021
A number of smaller South Korean crypto exchanges have announced their imminent closure – throwing in the towel in their struggle to meet a fast-approaching regulatory deadline that is threatening to derail the nation’s crypto trading platform industry.
Per Joongang Ilbo, the latest exchanges...
Korean Regulator to Shut Down 11 Cryptocurrency Exchanges Ahead of Regulatory Deadline
3.8.2021
South Korea’s top financial regulator will shut down 11 cryptocurrency exchanges allegedly engaged in fraudulent bank account schemes, local media reported. Meanwhile, the deadline for all crypto exchanges to comply with the country’s regulation is drawing near and most of them have...
The Best Bitcoin Exchanges in 2021
3.8.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Fortunately, there are many exchanges where you can trade Bitcoin and other currencies. However, the sheer number of options can be a problem. Which exchange to choose? What are the best Bitcoin exchanges?...
China's attempt to kill Bitcoin failed — Here are 3 reasons why
2.8.2021
Bitcoin’s hashrate recovery, steady peer-to-peer markets and the steady volume exhibited by Asia-based exchanges suggest that China’s attempt to ban BTC was ineffective