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Biggest Crypto Gainers Today on DEXTools – PARROT, ANUBIS, SOJU


Bitcoin exchange inflows have reached one-month highs according to data from Glassnode, signaling increasing selling pressure as the price of Bitcoin has fallen below $26,000. The one-day moving average of bitcoin's exchange net flow reached $9.75 million on August 16, marking the highest level...

Brazilian Football Legend Ronaldinho Denies Crypto Scam Accusations


Retired Brazilian soccer star Ronaldinho Gaucho has denied accusations of involvement in a cryptocurrency pyramid scheme bearing his name. On Thursday, the soccer star, whose real name is Ronaldo de Assis Moreira, appeared before a group of lawmakers at a congressional hearing to address these...

Biggest Crypto Gainers Today on DEXTools – DACT, SILKROAD, BS


Bitcoin has managed to remount its 200-day exponential moving average after a period of decline since reaching its year-to-date peak in July. According to some analysts, holding this support level will indicate the cryptocurrency may have bottomed out from its drop over the summer. While Bitcoin...

Binance to Drop Support for BUSD Stablecoin by 2024


Binance, the largest cryptocurrency exchanges in the world, has revealed intentions to delist eight Binance USD (BUSD) trading pairs as part of a broader plan to withdraw full support for the stablecoin by 2024.  In a Wednesday blog post, the company revealed that Binance Margin will suspend...

China Set for Digital Yuan Adoption Drive Ahead of Asian Games


China is readying a fresh digital yuan adoption push ahead of next month’s Asian Games, with the nation ready to show off its CBDC to a large international audience for the first time. Citizens in the pilot zones will be able to buy tickets for the event using the central bank’s official CBDC...

Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE


Bitcoin's price rose to nearly $28,143 on Tuesday following a positive legal ruling for digital asset manager Grayscale. However, analysts remain cautious about the sustainability of the rally amid low spot market volumes.... Read More: Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE

Prada Group Uses Blockchain Technology to Verify Authenticity of Products


Prada Group, the parent company of Miu Miu, has embraced high-tech solutions like blockchain technology to combat counterfeit products. The company, in cooperation with the Aura Blockchain Consortium, has launched blockchain services that allow customers to verify the authenticity of their...

Robinhood Ends Crypto Partnership with Jump Trading – What's Going On?


Retail broker Robinhood has reportedly ended its crypto business relationship with market maker Jump Trading, and the regulatory environment in the US may be a reason.   In 2018, Robinhood Markets Inc. decided to add cryptocurrency trading - but it needed help to do so, given the major trading...

Transport Operators in Jamaica Interested in Adopting CBDC Payments


Transport operators in Jamaica have expressed interest in using the country's central bank digital currency (CBDC) for payments.  Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group (NTAG), has been actively promoting the adoption of Jam-Dex within...

China’s JD, ICBC to Launch Digital Yuan Supply Chain Financing Solution


Chinese firms and commercial banks are working on new digital yuan supply chain financing solutions, with a new CBDC smart contract solution set to launch. Per CICC (via Cnfol), the latest innovation has been developed by JD Technology, in conjunction with the Industrial and Commercial Bank...

Russian Banks to Quiz Central Bank on Digital Ruble Pilot Next Month


Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month. The Central Bank is facing a backlash from some sections of the banking industry after beginning “real-world” transactions with its CBDC earlier this month. The megabanks Sberbank...

Biggest Crypto Gainers Today on DEXTools – X–Bird, NCWW, XSHIB


A U.S. appeals court overturned a previous SEC decision on Tuesday, ruling in favor of asset management firm Grayscale Investments in its effort to launch a spot bitcoin exchange-traded fund (ETF). The unanimous verdict by the U.S. Court of Appeals for the District of Columbia could pave the...

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