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Bitcoin Hurdles Over the $47K Zone, Crypto Economy Nears $2 Trillion


The price of bitcoin jumped over the $47K handle on Friday afternoon and at 4:15 p.m. (EDT) the price tapped $47,929 per unit. Bitcoin has jumped over 8% today and is more than 45% up over the course of the last month. Bitcoin’s Value Jumped 45% Last Month The crypto economy grew to around...

Polygon Hermez to Scale Ethereum, FTX Supports Bitcoin Devs + More News


Source: Adobe/H_Ko Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____ Blockchain news Polygon (MATIC), an Ethereum (ETH) layer 2 scaling solution, and Hermez Network (HEZ), an open-source...

Infra Bill Change Hope Alive as House Disquiet at Crypto Provisions Grows


Pressure is growing in Congress with crypto advocates hopeful of convincing the House of the need to amend a much-maligned infrastructure bill that contains a veritable minefield of reporting obligations for miners, validators and software developers. Politico called the effort a “long-shot bid,”...

Binance Discontinues Crypto Products and Services in South Korea


On August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations and “will discontinue the following offerings in Korea, effective immediately.” Binance Ends...

Bitcoin and Ethereum Regain Traction, Cardano Flips Tether


Bitcoin price found support near USD 43,800 and started a fresh increase. BTC surpassed the USD 45,500 and 46,000 resistance levels. It is currently (12:08 UTC) showing positive signs, but it must clear USD 46,700 for more gains. Similarly, most major altcoins started a fresh increase after...

Bank of Ghana Selects German Technology Firm as Partner for CBDC Project


The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is a precursor to the e-cedi digital currency, is set to be tested with banks, payment service providers, merchants...

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