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Poloniex Settles With the SEC, New Digital Yuan Giveaway + MOre News
9.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchanges news
Poloniex has agreed to pay nearly USD 10.4m to settle charges for operating an unregistered online digital asset exchange...
Circle plans to become a full-reserve national digital currency bank
9.8.2021
Circle is willing to operate under supervision of the Federal Reserve, the U.S. Treasury, the OCC, and the FDIC, CEO Jeremy Allaire said
India Plans to Unveil Central Bank Digital Currency Model by Year End
9.8.2021
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year End The Reserve Bank of India (RBI) may unveil a model...
Bitcoin 'awaiting second leg of bull market' as BTC price hits $46K 3-month highs
9.8.2021
Those expecting a retracement after further rapid gains look on as one price level after another tumbles
Lack Of Knowlege Is More Important Than Volatility For Crypto Newcomers
9.8.2021
Now knowing enough about cryptocurrencies is the main barrier to higher adoption, substantially exceeding volatility or other often cited reasons, according to a recent survey by payments data and news provider PYMNTS and crypto payments processor BitPay.
Based on data obtained from 8,008...
Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens
9.8.2021
The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders...
Unido – Leading the Race at Bridging Institutional Investors to Crypto Markets
9.8.2021
To demonstrate the use case and commercial viability of Unido Enterprise Platform (EP), it is helpful to compare with an established digital asset management platform which has built in DeFi options. Enzyme (MLN) has been selected for competitor comparison and analysis, given it launched in July...
Bitcoin Rallies Above USD 45K, Ethereum Reclaims USD 3K
9.8.2021
Bitcoin price remained well bid above the USD 43,000 support zone. As a result, BTC started a fresh increase above the USD 44,500 and USD 45,000 resistance levels. It is currently (12:14 UTC) showing positive signs and there are chances of more upsides above USD 46,500.
Similarly, most major...
UK-based independent legal team to tackle international crypto disputes
9.8.2021
The CFAAR network hosts practitioners that have experience in handling some of the early crypto-related disputes in the British court system
Ukraine Might Allow Indirect Crypto Pay, Will Regulate Exchanges
9.8.2021
Ukraine could be set to allow its citizens to “protect their wealth” in cryptoassets, a minister has claimed – but will move to block direct crypto-powered payments and will regulate exchange in line with “international” guidelines.
In an interview with Minfin, Oleksandr Bornyakov, the Deputy...
No, Bitcoin isn't entering a 2018-like bear cycle, new data suggests as BTC targets $45K
9.8.2021
Even as Bitcoin trades almost 35% below its previous record high of about $65,000, long-term investors have not contributed actively to its decline
Using a Crypto Loan App to Bring Financial Services to Excluded Groups in Africa
9.8.2021
In much of Africa, many people still lack access to basic financial services for many reasons. One of the reasons is that financial institutions have set standards or thresholds that make it impossible for low-income earners to even open a bank account. Access to soft loans or other forms...
BTC price caps $4K weekly gains: 5 things to watch in Bitcoin this week
9.8.2021
A third week of solid bullishness for BTC/USD comes as headwinds mount and gold tumbles to more than four-month lows
Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police
9.8.2021
A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under...
Flash crash rattles gold markets as Bitcoin holds strong
9.8.2021
Gold prices have dropped below $1,700 per ounce this morning in what analysts described as stop-loss driven selling
Alchemy Pay Drives Crypto Adoption by Bridging Fiat and Crypto Economies
9.8.2021
Digital assets have seen great success as investment tools in recent years, but payment adoption is unfortunately still lagging behind. Alchemy Pay is well on its mission to change this by enabling millions of merchants to accept crypto payments and get paid in their local currency. At the same...
Bitcoin and Ethereum Correct Gains, Bulls Remain Active
9.8.2021
Bitcoin price gained momentum after it settled above the USD 40,000 resistance. As a result, BTC broke the USD 42,000 and USD 43,500 resistance levels. It is currently (04:30 UTC) correcting lower, but the bulls might remain active near USD 43,000 too.
Similarly, most major altcoins are also...
New Brazilian Bitcoin ETF pledges carbon neutrality
9.8.2021
Hashdex has promised to invest a portion of the assets managed by its new BITH11 ETF into carbon credits and green tech
Youtube Superstar KSI ‘JJ’ Says ‘I’m Really Into Crypto, Bitcoin Is the Future’
9.8.2021
Youtube superstar and rapper KSI, also known as JJ, says he is “really into crypto.” Emphasizing that “Bitcoin is the future,” he said a lot of people do not understand that crypto “is a long-haul thing.” KSI Is ‘Really Into Crypto’ Famed rapper...