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Bitcoin Slides Below USD 18,000, Altcoins Take Stronger Hit


Bitcoin price failed to clear the USD 19,500 zone and started a sharp decline. BTC broke many supports near USD 19,000 and USD 18,800 to move into a bearish zone. The price declined over 5% and it is currently (05:00 UTC) trading below USD 18,000. Moreover, there was a sharp decline in most major...

Square Saw Stronger Demand For Bitcoin in Q2, Local Stablecoins + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Payments company Square has reported USD 875m in bitcoin (BTC) revenue made via its Cash App service during the second quarter...

XRP Jumps As Ripple Sees Stronger Demand From Institutions


Source: Adobe/Тихон Купревич After a decline in its sales of XRP tokens in the first quarter of the year, the California-based fintech firm Ripple sold more in the second quarter thanks to demand from institutional buyers. Ripple’s total XRP sales ended at USD 32.55m for the second quarter, versus...

US Presidential Campaign Has Now Stronger Flavor of Crypto


Brock Pierce. Source: Twitter, @brockpierce After outspoken crypto advocate John McAfee ended his presidential campaign earlier this year, another crypto personality said he's entering this game. This time, it's Brock Pierce, the Chairman of the Bitcoin Foundation, a non-profit organization,...

Women Becoming Stronger Players in the Crypto Market


The Cryptoverse aims to change (or replace) the traditional financial sector, but at the same time it suffers from the same problem - both sectors are heavily dominated by men. But it seems that it is already changing as new data shows that more women are getting interested in this nascent...

Bitcoin to Face Stronger Global Recession Than In 2009, IMF Forecast Shows


The global economy is estimated to drop by 3% this year, before rebounding by 5.8% in 2021, the International Monetary Fund (IMF) said today, stressing that "this crisis is like no other." In the past 60 years, the global economy decreased only once. In 2009 it slipped by 1.73%. This...

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