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Bitcoin investment products still suffering outflows despite price recovery
10.8.2021
While institutions are still withdrawing capital from Bitcoin investment products, money is flowing into Ethereum and altcoin products
Save the Children Senior Advisor: We Chose ADA Because Its Backed by the Cardano Foundation
10.8.2021
In July 2021, the non-governmental organization (NGO) Save the Children in Rwanda announced it partnered with the Cardano Foundation on a project that allows well-wishers to make donations in the form of cryptocurrencies. Save the Children Meets ADA At the time, it was revealed that Save...
Bitcoin and Ethereum Hold Uptrend Support, Altcoins Rally
10.8.2021
Bitcoin price remained supported above the USD 43,200 zone. BTC started a fresh increase and it was able to climb above the USD 45,000 resistance. It even almost tested USD 46,500 and it is currently (05:10 UTC) consolidating gains.
Similarly, most major altcoins are rising steadily. ETH is holding...
Refinable Launches Gaming Initiative to Support NFT and Play-to-Earn Movement
10.8.2021
Refinable, a leading NFT marketplace, today announced the Refinable Gaming Initiative, an industry-specific program aimed at deepening its collaboration with the gaming developer community, supporting NFT communities with a community push to Play-To-Earn (P2E) initiatives within NFT gaming....
Bitcoin Cash Argentina Crowdfunds Circular Economy and Adoption Campaign
10.8.2021
Bitcoin Cash Argentina, a nonprofit foundation destined to increase the knowledge and adoption of the cryptocurrency in the country, has achieved its second milestone by crowdfunding a new circular economy campaign using Flipstarter. This new campaign goes even further with the goal of onboarding...
Cinema operator AMC plans to accept BTC by 2022
10.8.2021
AMC chairman and CEO, Adam Aron, revealed the American cinema giant is looking to accept Bitcoin payments for movie tickets in response to customer demand
Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State
10.8.2021
Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state. While there have been no official explanations for this measure, some people with knowledge on the matter...
Central Bank Admits: Crypto Will Be Used as an Investment Tool
10.8.2021
South Korea’s central bank, the Bank of Korea (BOK), has issued a surprisingly crypto-friendly report about the role crypto may play in the economy of the nation going forward – and questioning whether bitcoin (BTC) and altcoins could “replace legal currencies” in the years to come.
There were also...
US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey
10.8.2021
The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have...
MicroStrategy and Bitcoin mining stocks rally as BTC price rebounds
10.8.2021
The price of MARA, RIOT, MSTR and other listed companies with exposure to Bitcoin has nearly tripled in the last three months
'We'll be back on this' — Alabama senator derails crypto amendment with two words
9.8.2021
"Who knows how much innovation we’re going to stifle, who knows what kind of new apps never emerge," said Senator Pat Toomey
Gold Rebounds After Sunday’s Flash Crash — Price Slide Blamed on Thin Trading Conditions, Leverage, Covid
9.8.2021
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed...
Price analysis 8/9: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
9.8.2021
Bitcoin’s break above the 200-day SMA suggests that the downtrend could be over and that may pull buyers back into altcoins
Bears lick their paws while Bitcoin price blasts through $46,000
9.8.2021
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300
US Senators and Treasury Reach Agreement on Crypto Requirements in Infrastructure Bill
9.8.2021
Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury Department to clarify the underlying text and ensure that those who are not acting as brokers...
Swipe, IoTeX and CyberVein lead altcoins higher after Bitcoin hits $46K
9.8.2021
Data from Cointelegraph Markets Pro shows IOTX, SXP and CVT racking up double-digit gains right as bulls pushed BTC price above $46,000
Cryptocurrency mining under proposed US policy changes
9.8.2021
The impact of tighter crypto reporting requirements in the digital asset provision of the Infrastructure Investment and Jobs Act will concentrate on cryptocurrency mining
SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange
9.8.2021
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that...
Tether claims to have increased total assets by $21B in new accounting review
9.8.2021
Tether has been publishing periodic accounting reports to the public after reaching a settlement with the New York Attorney General’s office in February 2021
Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts
9.8.2021
"If Bitcoin were to catch up to Ethereum's performance this year, the No. 1 crypto's price would approach $100,000," believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence