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Bitcoin's Battles: Volatility to 'Drive Investors to Gold', Ethereum to 'Dethrone' It
20.8.2021
Bitcoin (BTC) volatility could drive investors back to gold, predicts Jake Klein, Executive Chairman of Australian gold mining company Evolution Mining. In the meantime, the price of ethereum (ETH) could skyrocket and potentially exceed the value of the top cryptocurrency within the next five...
US May Regulate DeFi, El Salvador's Bitcoin Draft Regulations + More News
19.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Decentralized finance (DeFi) projects may still fall under the jurisdiction of the US Securities and Exchange Commission (SEC),...
Approval for Non-futures-based Bitcoin ETF ‘Still a Year off’ – Expert
19.8.2021
A senior analyst in the exchange-traded fund (ETF) space thinks that a bitcoin (BTC) offering is on its way this year – but has suggested that it will be of the kind not favored by the crypto space. And as for the elusive “right kind” of bitcoin ETF? Well, we may have to wait another 12 months...
Putin Tells Russian Gov’t to Create a Crypto Holdings Reporting System
19.8.2021
Vladimir Putin. Source: a video screenshot, Youtube, TASS
The Russian President Vladimir Putin has ordered his government and the Central Bank to prepare a system that will force individuals to declare their crypto holdings.
Per INC-News, Putin has told the bank chiefs, as well as the Ministry...
Fireblocks Onboards Former SEC Chairman Jay Clayton as Advisor
19.8.2021
Source: Screenshot, Jay Clayton, CNBC Television / YouTube
Digital asset security and asset transfer platform Fireblocks has announced that Jay Clayton, Former Chair of the US Securities and Exchange Commission (SEC), has joined the company’s advisory board, stating that Clayton's previous...
Fold Launches Unique AR Bitcoin Rewards Function for Users
19.8.2021
Fold is a leading decentralized payments portal that allows investors to fetch Bitcoin rewards as earnings. It proudly announced the launch of its powerful Augmented Reality (AR) feature that will revolutionize the firm’s core ecosystem. With this facility, Fold will offer a unique opportunity...
‘Nerve-wracking’ Wait for S Korean Crypto Investors, 70% of Crypto Firms’ Sites Down
19.8.2021
Fear appears to be taking hold of crypto investors in South Korea, with just over a month before key regulations come into force, exchanges seemingly woefully underprepared for a raft of new policing measures – and the majority of registered crypto companies’ websites offline or inaccessible.
As...
Liquid Exchange Hacked, Working With Other Exchanges on Recovering Funds
19.8.2021
Japanese crypto exchange Liquid has suffered an attack this morning, with the thief taking off with a still unconfirmed amount of bitcoin (BTC) and ethereum (ETH), among other coins. The exchange has started working with its colleagues on freezing and returning the funds.
"We are currently...
Institutional Players May Dominate Bitcoin Trading Within 3 Years - Report
19.8.2021
Institutional players could dominate bitcoin (BTC) trading in the near future, as surveyed institutions expect asset managers, funds, and banks to be the most significant contributors to trading volume in the next three years, according to a report released by digital asset research firm Arcane...
UWM Crypto Payments, Binance in Netherlands, Bitstamp Won't List DOGE + More News
18.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
US mortgage lender United Wholesale Mortgage (UWM), previously known as United Shore Financial, will start accepting cryptocurrency...
90% of Questions by Fidelity’s 'Biggest Clients' Have Been About Bitcoin
18.8.2021
The thing that the “biggest clients” of US-based mutual fund giant Fidelity have been the most interested about has been bitcoin (BTC), and though interest in ether (ETH) has been rising, it's not even close to that of BTC, said Christine Sandler, head of sales and marketing for Fidelity Digital...
Bybit Becomes Esports Team NAVI's Official Crypto Platform for 3 Years
18.8.2021
Crypto exchange Bybit has entered a multi-year partnership with esports team NAVI, with the exchange saying that this "marks the beginning of its foray into esports collaborations."
The deal is a perfect match, say the new partners, as both industries showed "transformative...
Global Crypto Adoption Up 2,300% in Two Years - Chainalysis
18.8.2021
Crypto adoption as of the end of the second quarter 2021 has been up by more than 2,300% compared to Q3 2019 on a global basis, and over 881% in the last year, according to a report by blockchain analysis firm Chainalysis. The variations show adoption as a global phenomenon, but the report states...
Crypto Sector World’s 3rd Industry in Phishing Attacks Growth - Report
18.8.2021
Phishing activities continue to intensify across the world, with their volume for the second quarter of 2021 outpacing the same period last year by 22%. Cryptocurrency increasingly finds itself in attackers’ sight, with a tenfold increase in attacks on exchanges, according to a recent report...
Bitcoin, Ethereum and Altcoins Correct Lower
18.8.2021
Bitcoin price started a steady decline from the USD 48,000 resistance. BTC traded below the USD 46,500 and USD 45,500 support levels. It is currently (04:00 UTC) down over 3% and it might continue to trend down towards USD 44,200.
Likewise, most major altcoins are correcting gains. ETH traded below...
Fitch's Warning for El Salvador, 'Concerning Regulatory Roadmap' + More News
17.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Ratings agency Fitch Ratings warned against the potential negative consequences of El Salvador adopting bitcoin (BTC) to...
Green Shoots of Recovery Sprout for Bitcoin Miners – Report
17.8.2021
After one of the most turbulent periods in bitcoin (BTC) mining history, miners have been handed a timely boost – with reports of recovery in hash-rate and signs that some of the BTC miners forced out of Mainland China earlier this summer are resuming their activities elsewhere in...
Bitcoin and Ethereum Hold Support, Solana Moves Into Top 10
17.8.2021
Bitcoin price corrected lower, but it remained stable above the USD 45,000 support. BTC started a fresh increase and climbed above USD 46,000. It is currently (11:45 UTC) approaching the USD 47,000 resistance, above which the price might test USD 48,000.
Similarly, most major altcoins are slowly...
All of South Korea’s Crypto Exchanges Fail their Regulatory Audits
17.8.2021
South Korean crypto exchanges have been dealt another crushing blow – with all of the nation’s trading platforms failing their regulatory “consulting” audits.
The development will not bode well for the sector with just over a month to go until new regulations kick in – with even the “big four”...
Bitcoiners Remind World of 'Temporary' Gold Window Suspension
17.8.2021
Over the weekend, some members of the Bitcoin (BTC) and crypto community have commemorated the 50th anniversary of the US “temporary” gold window suspension, aka the Nixon shock, by making the 'WTFhappenedin1971' hashtag a trending topic on Twitter - with some calling it the 50th anniversary of...