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CBDC Shilling and Bitcoin Bashing Might Reach the G20 Level
9.7.2021
With a rising number of central bank digital currency (CBDC) projects underway across the world, central banks have increasingly started criticizing decentralized cryptocurrencies, such as bitcoin (BTC). And now, these efforts might become more coordinated, as central banks are calling for more...
Bitcoin SV (BSV) Attempting to Breach the Yearly Low of $106?
9.7.2021
Bitcoin SV has been trading on a muted note, where all the cryptocurrencies performed outstandingly compared to the larger crypto assets. Since the fall of May 19, 2021, BSV has not made a single positive swing with respect to the closing value of $183 on May 19. The ensuing negative trend on this...
Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns
9.7.2021
The bearish outlook surfaces as Bitcoin prices form a classic cup and handle pattern, now in the last stage of its maturity
93K Users Scammed Into Buying Fake Cryptocurrency Mining Apps
9.7.2021
Thousands of users were scammed into buying fake Android cryptocurrency mining apps, according to a California-based security firm. These apps are advertised as a way of earning money via mining cryptocurrencies, but in actuality they don’t perform any function. Instead, they charge the user...
ETH, Alts Drop Against Bitcoin Again As Market Prepares For Next Move
9.7.2021
Bitcoin price declined below USD 33,000 and it revisited the USD 32,200 support. BTC is currently (12:12 PM UTC) recovering above USD 32,500. If It settles above USD 33,200 and USD 33,500, there are chances of a steady increase in the near term.
Besides, most major altcoins are struggling...
UK Watchdog Set to (Re)Target 'Misleading' Crypto Investment Marketing
9.7.2021
The UK’s advertising watchdog Advertising Standards Authority (ASA) is set to take a swing at what it perceives as misleading marketing related to cryptoassets, with a major initiative expected to be launched already this month to take down such ads.
While the watchdog’s focus is said to be...
Ethereum’s London Hard Fork Scheduled to Commence on August 4
9.7.2021
The highly anticipated Ethereum hard fork is expected to launch on August 4 at block height 12,965,000 according to Ethereum core developers. The London hard fork will add five Ethereum Improvement Proposals (EIPs) that aim to enhance the blockchain. However, the Berlin hard fork was postponed...
Bitcoin is a miracle and better than gold, says Apple co-founder Wozniak
9.7.2021
Apple co-founder Steve Wozniak declared that "Bitcoin is the only digital gold” years ago, but he claims that he still hasn't invested in BTC
US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
9.7.2021
Gryphon has doled out $48 million to buy Bitmain’s latest Bitcoin mining hardware set for release in the summer
Israeli defense minister authorizes seizure of Hamas-tied crypto accounts
9.7.2021
Hamas' efforts to raise funds via crypto had reportedly accelerated following the 11-day war between Israel and the organization in May of this year
Dogecoin gains 8% after Elon Musk says DOGE payments compete with Bitcoin, Ethereum
9.7.2021
The billionaire's latest public praise of Dogecoin yields few returns but a lot of mockery
Crypto Scammers Now Stalking Dating Apps Like Tinder for Prey
9.7.2021
Crypto scammers may have found a new hunting ground for bitcoin (BTC) and altcoin-holding victims: dating apps.
Per a case study published by the US-based crypto self-custody solutions provider Casa, scammers have developed a “novel attack” that targets crypto enthusiasts. The firm warned...
Using Decentralized Digital IDs and Blockchain to Help Millions in Africa Get Identified
9.7.2021
With over 1.3 billion inhabitants, Africa accounts for over 16% of the world’s population. However, the continent still falls short when it comes to providing its residents with legitimate or government-issued identification documents. As some studies have revealed, as many as 400 million...
Bitcoin trader eyes US dollar for BTC price breakout cue, Ethereum clings to $2K
9.7.2021
No sign of a breakout as $33,000 becomes resistance overnight and altcoins trade mostly flat as a result of BTC price weakness
Binance CEO Changpeng Zhao Ponders Regulation: ‘Compliance Is a Journey’ in Crypto
9.7.2021
Binance CEO Changpeng Zhao stated his take on the recent regulatory crackdown Binance is facing. In a blog post, Zhao explains Binance aims to comply with local regulations. However, he also stated cryptocurrency was a nascent industry, and there are a lot of uncertainties in the field. Binance...
Israeli Knesset Creates Special NFT for New President Isaac Herzog
9.7.2021
Israel’s parliament, the Knesset, has become the first national legislature to release a non-fungible token. The special NFT has been created for the country’s new president, Isaac Herzog, who took office this week after his election in early June. Knesset Becomes First Parliament...
Bitcoin, Ethereum and Altcoins Struggle to Recover
9.7.2021
Bitcoin price started a decline from the USD 35,000 resistance. BTC traded below many important supports near USD 33,000. It is currently (04:36 UTC) consolidating above the USD 32,000 support, below which the price could dive to USD 30,000.
Similarly, most major altcoins are gaining bearish...
Square To Enter Crypto Hardware Market With Bitcoin First Wallet
9.7.2021
Jack Dorsey. Twitter CEO Jack Dorsey-led payments company Square confirmed it aims to build a bitcoin (BTC) first hardware wallet "to make bitcoin custody more mainstream."
"We have a lot of questions and issues to reconcile and we’ll start with this product direction: bitcoin first...
Survey finds most El Salvador citizens are skeptical of making BTC legal tender
9.7.2021
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin
11% of Central Bankers Consider ‘Cryptocurrencies Like Bitcoin’ Gold Alternatives: UBS Survey
9.7.2021
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.” Central Bankers See Benefits in Investing in Cryptocurrencies Like...