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SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs
23.7.2021
“We’re not a merit regulator, so we shouldn’t be in the business of deciding whether something is good or bad,” SEC Commissioner Hester Peirce said
Amazon Set to Hire a Digital Currency and Blockchain Product Lead
23.7.2021
E-commerce giant Amazon is dipping its finger deeper into the crypto and blockchain worlds as it posted an ad looking to hire a new executive to oversee their digital currency strategy.
The position is for a 'Digital Currency and Blockchain Product Lead' who "want[s] to innovate on behalf...
Ethereum Gaming Token Axie Infinity Taps Another All-Time Price High
23.7.2021
On Friday, the game token utilized within the Axie Infinity gaming realm has once again captured another all-time price high at $32.17 per unit. The game token has outperformed a great majority of crypto assets by commanding more than 844% in gains during the last month. Axie Infinity Outperforms...
Illusion or reality? Crypto demand either faltering or poised to charge
23.7.2021
Recent developments such as China banning BTC mining may be “long-term positives for the market even if they introduce short-term volatility.”
Bitcoin and Ethereum Trim Gains, Altcoin Rally Slows Down
23.7.2021
After almost touching the USD 32,900 level, BTC corrected lower and is now (12:09 UTC) consolidating its gains below the USD 32,500 level.
BTC is still outperformed by ETH and multiple altcoins, which are also trimming their recent gains.
Total market capitalization
Bitcoin price
After...
India’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases
23.7.2021
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems.” RBI Plans ‘Phased...
Bitcoin is key to the future of Twitter, Jack Dorsey says
23.7.2021
Twitter CEO sees opportunities to integrate Bitcoin into services like commerce, subscriptions and new features like Twitter Tip Jar and Super Follows
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
23.7.2021
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by...
Bitcoin mining is becoming vastly more decentralized in 2021
23.7.2021
Data shows anonymous entities becoming an ever larger force on the Bitcoin mining scene this year and last
Paxos Standard Presents Assets Backing Its Stablecoins
23.7.2021
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...
BlockFi Fights Regulatory Fire in 3 US States; Reportedly Wants to Go Public
23.7.2021
Source: A screenshot, Instagram/blockfi
More state regulators are beginning to follow suit with New Jersey after the state Attorney General last week was reported to have served BlockFi, a leading American crypto lending firm, with a cease and desist order: Alabama and Texas have dished out similar...
Sotheby’s to Auction Never-Before-Seen Muhammad Ali Artwork NFT
23.7.2021
On Friday, coinciding with the Summer Olympics opening ceremony, Muhammad Ali Enterprises and the fine auction house Sotheby’s will be auctioning a non-fungible token (NFT) that features a never-before-seen piece of original artwork created by Muhammad Ali. According to the announcement...
Argentinian Province Misiones Plans to Issue Its Own Stablecoin
23.7.2021
The Argentinian province of Misiones plans to issue its own stablecoin in the future. This is one of the objectives that a recently approved law, the Missionary Financial Innovation Program with Blockchain and Cryptocurrency Technology, proposes. Misiones will also use a blockchain to issue...
Bitcoin, Ethereum Move Higher, XLM, AXS Keep Rallying
23.7.2021
After accelerating above the USD 32,000 level, BTC is now getting closer to USD 33,000, erasing its all weekly losses.
It is, however, outperformed by ETH and multiple altcoins, as, for now, bulls are seemingly feeling more comfortable than in the beginning of this week.
Total market...
Texas and Alabama Regulators Crackdown on Blockfi’s Interest Bearing Account Product
23.7.2021
Fresh off the heels of Blockfi’s issues with the ​​New Jersey Bureau of Securities, the company is now having problems in the state of Alabama. The director of the Alabama Securities Commission (ASC), Joseph Borg, explained on July 21 that he issued a show cause to the firm. Borg...
Number of investors owning Bitcoin has tripled since 2018: Gallup Poll
23.7.2021
Three times more U.S. investors are holding BTC now than in 2018 according to the poll
Coinbase Commerce Now Supports Dogecoin Payments
23.7.2021
Coinbase now accepts commerce payments in dogecoin. With the addition of the meme crypto, Coinbase Commerce now allows customers to check out and pay with seven cryptocurrencies. Coinbase Commerce Now Supports Dogecoin Coinbase Commerce is a platform by the Nasdaq-listed Coinbase that...
No, Jack Dorsey isn't trolling ETH by making its logo the Ethiopian flag
23.7.2021
“Great to see Jack and the crypto community supporting the #ETH athletes!” the Official Olympics account posted earlier today after Ethereum got a new ‘logo’
Switzerland’s Largest Bank UBS Says Clients Have Crypto FOMO
23.7.2021
UBS, Switzerland’s largest bank, says that clients are looking at different investment alternatives and there is a bit of a fear of missing out (FOMO) when it comes to cryptocurrency investments. UBS Says There Is a Bit of Fear of Missing Out The CEO of UBS Group AG, Ralph Hamers, talked...
Shenzhen Crypto Mining Hardware Retail Hotspot Becomes a Ghost Town
23.7.2021
An iconic shopping outlet for Chinese crypto miners has fallen under an eerie shroud of silence as the nation’s mining industry screeches to an abrupt halt.
The Beijing-led crackdown on mining has seen many of the nation’s key crypto mining provinces stamp out industrial mining, with further...