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China's Global Bitcoin Hashrate Was On Decline Before Crackdown
15.7.2021
It seems that the Great Miner Migration began even before the latest exodus from China. That country’s share of global Bitcoin (BTC) hashrate started declining before the latest government crackdown, while that in other countries has seen an increase, found the Cambridge Centre for Alternative...
Bitcoin may have played a role in Tesla's decorrelation from Big Tech
15.7.2021
The 20-day correlation between Tesla stocks and the Nasdaq 100 index has sharply dropped from 0.83 in mid-June to 0.14 as of this week
Bitcoin May Surpass USD 66K in 2021 and USD 400K by 2030 - 'Panel of Experts'
15.7.2021
Source: Adobe/STEKLO_KRD
By the end of this year, bitcoin (BTC) may hit the USD 66,000 level, as well as rise above USD 400,000 by the end of 2030, according to the median price prediction by 42 industry players, surveyed by a comparison platform and information service Finder. Though there...
Digital Euro Project Gets Going as ECB Launches Investigation Phase
15.7.2021
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at...
New data hints why Bitcoin price action has spent two months at $30K
15.7.2021
Multiple factors demonstrate why $30K is so important for for BTC/USD within an ongoing price "supercycle."
Pundits Label Paraguayan MP’s Crypto Bill a ‘Huge Nothing Burger’
15.7.2021
Twitter-based crypto fans say they are underwhelmed by the details of a crypto-themed private member’s bill unveiled yesterday by the Paraguayan MP Carlos Rejala.
Rejala had first started tweeting about the draft legislation in the wake of the launch of a Salvadorian bill that will in a few weeks’...
Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence
15.7.2021
A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp. Eastern European Fiat Support Echoes Regional Crypto Adoption Outside of North America...
Busta Rhymes Talks Cryptocurrencies, Rappers Asks Fans if He Should ‘Buy In’
15.7.2021
Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies. Rhymes questioned if anyone was into crypto and how people were feeling about digital currencies at the moment. Busta Rhymes Asks If He Should Buy Crypto...
Could You Build a Better Way to Wiki? Free TON Launches Contest With Over $80,000 in Crypto
15.7.2021
Free TON, a decentralized international community of developers and enthusiasts, have launched a brand-new contest to rework the Wikipedia Governance model, and there are thousands of dollars worth of rewards on offer. Freecyclopedia Wikipedia currently boasts over twenty-one million individual...
Bitcoin and Ethereum Try To Recover, Face Hurdles
15.7.2021
Bitcoin price started a decent upward move above the USD 32,200 pivot zone. BTC even climbed above USD 33,000, but it failed to stay above this level and is currently (04:35 UTC) showing bearish signs below USD 32,800.
Similarly, most major altcoins are also trying to recover. ETH increased by...
NFL’s Saquon Barkley converting endorsements to BTC to create ‘generational wealth’
15.7.2021
Saquon Barkley will use Strike to convert all of his endorsements into Bitcoin, and noted that he became interested in BTC after researching inflation
France Proposes EU-Wide Cryptocurrency Regulation
15.7.2021
France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation With ESMA as Main Supervisor France proposed...
Visa to Approve Cryptocurrency Card by Australian Startup
15.7.2021
Visa is reportedly set to approve Australian crypto startup Cryptospend’s issuance of debit cards for spending bitcoin and several other cryptocurrencies. “We have a lot of demand for the card,” the company claims. Global card giant Visa is expected to announce later this week...
First look: Spike Lee's TV ad for crypto touts it as new money for a diverse world
15.7.2021
Coin Cloud chose Spike Lee to direct the crypto commercial specifically for his experience in exploring social issues, and the firm noted they wanted to “spark important dialogue” with the ad campaign
Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG in New Fund Manager Survey
15.7.2021
Bank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now “long tech stocks,” followed by “long ESG.” Bank of America’s global fund manager survey for July...
SEC Charges Token Listing Website With Unlawfully Touting Crypto Securities
15.7.2021
The U.S. Securities and Exchange Commission (SEC) has charged a token listing website with unlawfully touting crypto securities. The site did not disclose that it was paid by the token issuers to profile their coin offerings. SEC Charges Website Touting Security Tokens Without Clarifying Which...
Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2
15.7.2021
Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2
Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver
14.7.2021
During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed a hosting agreement with the Russian-based firm Bitriver as the company will...
SEC delays decision on Wisdom Tree Bitcoin ETF
14.7.2021
The Securities and Exchange Commission has asked for comments regarding Wisdom Tree's proposed Bitcoin ETF
Record low Bitcoin velocity suggests BTC may ‘move to the downside’
14.7.2021
Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue