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Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks
11.7.2021
Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment. The Bank of Thailand (BOT), the country’s central bank...
3 reasons why Constellation (DAG) price outperformed most altcoins this week
11.7.2021
A pivot toward DeFi, new wallet release and low transaction costs back DAG’s rapid rally to a new all-time high
Key altcoin price metric flashed bullish ahead of Axie Infinity’s parabolic rally
10.7.2021
Dramatic price action often follows familiar patterns of market and social activity, and data from Cointelegraph Markets Pro shows there is a way for traders to capitalize on this
Crypto options are turning mainstream
10.7.2021
The BTC and ETH options market is still in its infancy, but both retail and institutional demand for cryptocurrencies is already here
Tiktok Bans Users From Promoting Cryptocurrencies
10.7.2021
Tiktok has banned its users from promoting all financial products and services including those related to cryptocurrency. The company also prohibits ads relating to cryptocurrency. Tiktok Prohibits Users From Posting Content Promoting Cryptocurrencies Social media platform Tiktok has banned content...
Israel Begins Seizure of Bitcoin Donations Collected by Hamas
10.7.2021
Israel’s Defense Minister Benny Gantz has ordered the seizure of cryptocurrency funds raised by the Palestinian Islamist movement Hamas. His department has reportedly started taking control over digital wallets used by the terrorist group to collect crypto donations from abroad. Defense...
Analysts say Bitcoin’s choppy price action is ‘typical of low liquidity markets’
10.7.2021
Bitcoin bulls pushed the price back above $34,000 but analysts warn that a variety of bearish factors remain a threat in the short term
123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid
9.7.2021
On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. The Mechanicville facility is considered one of the oldest renewable energy plants...
Altcoin bulls pile into Synthetix (SNX), Axie Infinity (AXS) and EOS
9.7.2021
Data from Cointelegraph Markets Pro shows SNX, AXS and EOS as the strongest 24-hour gainers as the bullish momentum in DeFi and NFT tokens continues to build
UN commission serves new warning against BTC adoption in El Salvador
9.7.2021
ECLAC executive secretary stressed that there is no study yet that would have investigated potential risks or benefits of El Salvador accepting BTC as legal tender
DoJ’s crypto czar joins FinCEN in brand-new role: Why it matters
9.7.2021
Michele Korver’s appointment to the U.S. Financial Crimes Enforcement Network promises to reduce illicit financial practices within the crypto space
US crypto community overtaking Asia, says Mike Novogratz
9.7.2021
“China has declared war on crypto as part of this broader cold war that we’re getting into,” Mike Novogratz stated
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...
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
UK advertising watchdog flags crypto ads ‘red alert’ priority
9.7.2021
The United Kingdom’s Advertising Standards Authority is increasing its capacity to track misleading crypto ads using AI and scraping
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...
Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants
9.7.2021
Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency...
Is Bitcoin overbought or oversold? Use Bollinger Bands to find out!
9.7.2021
Bollinger Bands are a powerful indicator that traders use to gain clarity when the markets are rallying, consolidating and correcting
Bank of America Establishes Cryptocurrency Research Team
9.7.2021
Bank of America has become the latest major bank to make a foray into the cryptocurrency sector. According to an internal memo, the bank has created a team dedicated to researching cryptocurrencies. Bank of America believes that it is “uniquely positioned to provide thought leadership”...
3 reasons why Ethereum exchange reserves are falling to new lows
8.7.2021
Ethereum held in exchange reserves reached a new low after a surge in Ether staked in Eth2 and the approach of the long-awaited London hard fork