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Bitcoin and Altcoins Start Short Term Recovery


Yesterday, we saw a few positive and recovery signs for bitcoin and altcoins. BTC/USD formed a support base near the USD 9,320 level and recently corrected higher. It is up around 2.5% and recently broke the key USD 9,500 resistance level. Similarly, there were bullish moves in ethereum, ripple...

Indian Finance Minister Addresses Crypto Proposal – Industry Responds


India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed...

‘Japanese Amazon’ Prepares for Big Crypto Push


Hiroshi Mikitani. Source: a video screenshot, Youtube, RakutenOfficial Japanese e-commerce platform Rakuten is gearing up for a flurry of cryptocurrency-related activities – expanding on the scope of a forthcoming token launch and lobbying Tokyo for legislative reform. Per Japanese media outlet...

China Publishes New Rankings of 37 Crypto Projects


China’s Center for Information and Industry Development has published its latest crypto rankings. Thirty-seven projects have been evaluated and ranked overall as well as in three separate categories. Some favorites have changed and two projects have been added to the previous list of projects...

Café Coffee Day Founder VG Siddhartha Goes Missing


In a shocking turn of events, the founder of India’s biggest coffee chain Café Coffee Day, VG Siddhartha, has gone missing since yesterday (29th July) evening from Mangaluru. Siddhartha holds the position as the Managing Director and Chairman in the coffee chain, which is popular across the nation...

Testing Haven, OB1’s New Social Media and Crypto Marketplace App


On Monday, OB1, the development team who created the crypto-infused marketplace Openbazaar, launched a new platform called Haven. The application is a mobile version of the Openbazaar marketplace, but also includes social media, end-to-end encrypted messaging, and noncustodial wallet services for...

Former Brazilian Central Bank Chief Praises Bitcoin, Libra


Gustavo Franco. Source: a video screenshot, Youtube, Canal UM BRASIL The former governor of the Central Bank of Brazil has heaped praise on Bitcoin – and suggested that McDonalds and Starbucks follow suit with Facebook, and consider launching cryptocurrencies of their own. In an editorial piece...

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You


Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...

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