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Visa to Remain ‘Agnostic’ On Crypto, Will Support What Clients’ Demand
23.7.2020
Payment card giant Visa said it has an “agnostic” view on cryptoassets, adding it will support all forms of “digital currencies and blockchain networks” that its clients demand.
The clarification of Visa’s stance on crypto came in a blog post from the company published yesterday, where it also said...
US Banks Offering Crypto Custody is 'Insanely' Bullish and Risky
23.7.2020
Source: Adobe/Prostock-studio
While many in the Cryptoverse celebrate a decision by the US Office of the Comptroller of the Currency to allow all federally chartered banks in the US to provide cryptoasset custody services to their customers, it also brings an "existential" risk to Bitcoin...
Bitcoin (BTC) is POWER and Not Just an Investment Avenue
23.7.2020
Bitcoin price gains an edge as it releases from the consolidation below $9.3k and trades around $9.5k, at the press time after having hit a monthly high at $9.55k. Bitcoin, on the intraday chart, is retaining complete support from the daily Moving Averages. The technical are bullish than ever,...
Bitcoin and Altcoins Soar Past Crucial Hurdles
23.7.2020
Bitcoin price started a steady increase yesterday above the USD 9,300 resistance. BTC extended its rally above the USD 9,400 and USD 9,500 resistance levels. BTC even spiked above USD 9,500 and it is currently (08:30 UTC) consolidating gains near USD 9,500.
Most major altcoins also gained bullish...
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
23.7.2020
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows...
Bitcoin Surges Back Above USD 9,500 in a Rally Led by Ethereum & Co
23.7.2020
After a month of low-volatility trading below USD 9,500, bitcoin (BTC) finally broke through the level, helped by a surge in ethereum (ETH) and other major altcoins.
Although the rally was not unusually strong for a cryptoasset like bitcoin, getting the price of the asset above USD 9,500 is seen...
Bitcoin SV ‘Educates’ China’s Largest Developer Community
23.7.2020
Bitcoin SV will provide education for up to 31 million people through a partnership with China’s largest developer network
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
Japan’s Covid-19 Stimulus Payments Didn’t Flow Into Crypto
23.7.2020
Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies
Bitcoin Price Rises to $9,500 as $2 Trillion Fed Stimulus Expected
23.7.2020
Bitcoin price broke out from a tightening range to rally above $9,500 but will it hold above the crucial resistance level?
EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money
23.7.2020
The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension...
Apple Co-Founder Steve Wozniak Sues YouTube Over Bitcoin Giveaway Scams
23.7.2020
Wozniak is among 18 plaintiffs suing the video-sharing giant for allowing crypto giveaway scams using his likeness to flourish on the platform
Is Bitcoin Price Really Influenced by the Grayscale GBTC Premium?
22.7.2020
Traders view the premium on Grayscale Investments GBTC shares as a bullish sign, so does the recent drop to a 20-month low mean a correction is coming?
‘Superman29’ May Do Time: California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs
22.7.2020
Kais Mohammad a.k.a. “Superman29” agreed to plead guilty to federal charges that he ran an unlicensed Bitcoin-ATM network and laundered up to $25 million, according to the DOJ
Market Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply Skyrockets
22.7.2020
Low volume and volatility continue to plague the bitcoin market but the supply of dai soars
China’s Supreme Court Recommends Increasing Crypto Property Rights Protection
22.7.2020
The supreme court of China has recommended increasing the legal protection of property rights, including digital currency ownership rights. The recommendations also focus on solving issues such as “the use of public power to infringe private property rights, illegal seizures, and freezing...
AMFEIX Investors Raise Concerns About Massive Pending Withdrawal Requests
22.7.2020
Investors tell us that something has gone wrong within a once-hot crypto company
Most Music Listeners Would Pay for Music with Crypto to Help Artists
22.7.2020
The survey revealed that 65% of eMusic customers would use cryptocurrency to allow artists to receive a larger music revenue split
Price Analysis 7/22: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, LINK, BNB
22.7.2020
Many altcoins could pick up momentum If Bitcoin and Ethereum break above key resistance levels in the coming days
Devastating Floods in China Raise Questions About Bitcoin Mining Too
22.7.2020
Source: a video screenshot, Youtube/ARIRANG NEWS
With cities under water, billions in damages already reported, and the amount of flooding that China hasn't seen in years putting an increasing pressure on the world's largest hydropower station, there is reasonable concern that mining facilities...