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October 2020 Déjà vu? Bitcoin pullback at $38K has traders at odds over next move
27.7.2021
Bitcoin consolidates below $38,000 following yesterday’s rally above $40,000 while altcoins give back most of their gains
Jack Dorsey Calls Bitcoin a ‘Big Part’ of Twitter’s Future as a Global Currency
26.7.2021
Twitter CEO Jack Dorsey says that bitcoin will be a big part of the company’s future. “If the Internet has a native currency, a global currency, we are able to move so much faster with products such as Super Follows, Commerce, Subscriptions, Tip Jar, and we can reach every single person...
After Barclays and Santander, UK Bank Natwest Blocks Payments to Binance
24.7.2021
A major high street bank in the U.K., Natwest, has blocked payments to crypto exchange Binance. Natwest’s decision came after two other major British banks — Barclays and Santander — made a similar move to block fund transfers to Binance. The banks acted in response to a warning...
Bitcoin, Ethereum Move Higher, XLM, AXS Keep Rallying
23.7.2021
After accelerating above the USD 32,000 level, BTC is now getting closer to USD 33,000, erasing its all weekly losses.
It is, however, outperformed by ETH and multiple altcoins, as, for now, bulls are seemingly feeling more comfortable than in the beginning of this week.
Total market...
JPMorgan Begins Offering 5 Cryptocurrency Funds to Clients
23.7.2021
Global investment bank JPMorgan has reportedly green-lighted its advisors to provide clients with access to five cryptocurrency funds. The funds are available to all JPMorgan’s wealth management clients seeking investment advice. The move makes JPMorgan the first large bank to expand crypto...
Georgian Government Embraces Blockchain to Promote Its Wines Globally
21.7.2021
As Georgia seeks to bring its millennia-old wine industry into the 21st century, it is collaborating with blockchain platform Wiv to put the nation’s winemakers in front of a global audience of wine collectors, producers, and merchants. Move Brings Wines and Accompanying Provenance...
Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’
20.7.2021
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via...
Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
18.7.2021
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will...
Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project
17.7.2021
On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based...
Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa
16.7.2021
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek...
Record low Bitcoin velocity suggests BTC may ‘move to the downside’
14.7.2021
Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue
Whale From 2012 Transfers 740 Bitcoin Worth $26M After BTC Sat Idle for 9 Years
13.7.2021
On July 12, an old whale from 2012 spent 740 bitcoin worth roughly $26 million at the time of transfer after nine years of choosing not to move the coins. The whale acquired the bitcoin on May 31, 2012, when the stash of crypto was only worth $3,700. Old School Whale Moves 740 ‘Sleeping...
Coinchange Announces Truly 0% Fee Brokerage and 25% APY DeFi Platform That Is Secure and Regulated
13.7.2021
PRESS RELEASE. Toronto––Coinchange is diversifying its portfolio of offerings with a move into the DeFi space. The High-Yield Account will provide all users with returns of up to 25% per annum on their USDC balances. This unique opportunity is paired alongside Coinchange’s...
Payments Provider Clear Junction Stops Processing Payments for Binance
12.7.2021
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction...
El Salvador Bitcoin move will put pressure on network: JPMorgan
12.7.2021
Daily payment activity in El Salvador would represent more than 1% of the total value of BTC that have been transferred between wallets in the past year, JPMorgan experts say
Paraguayan MP To Test BTC Bill This Week, JPMorgan Questions Bukele's Move
12.7.2021
Palacio de López is a palace in Asunción, Paraguay, that serves as workplace for the President of Paraguay, and is also the seat of the government of Paraguay. Traditional financial analysts are pouring uninformed scorn on El Salvador’s President Nayib Bukele’s bitcoin (BTC) adoption plans – while...
Bitcoin metric sees 'hell of a bounce' in move which historically heralds BTC price bottom
10.7.2021
The Puell Multiple bounces from its latest rare trip into the "buy" zone, and previously, BTC/USD has subsequently put in a macro bottom
After Barclays, Santander Bank Blocks Payments to Binance in UK Citing Customer Protection
9.7.2021
Santander Bank in the U.K. has become the latest high street bank in the country to block fund transfers to cryptocurrency exchange Binance. Recently, Barclays and Natwest banks reportedly made a similar move. A number of Santander Bank customers reported on social media that they have received...
ETH, Alts Drop Against Bitcoin Again As Market Prepares For Next Move
9.7.2021
Bitcoin price declined below USD 33,000 and it revisited the USD 32,200 support. BTC is currently (12:12 PM UTC) recovering above USD 32,500. If It settles above USD 33,200 and USD 33,500, there are chances of a steady increase in the near term.
Besides, most major altcoins are struggling...
Anthony Hopkins’ New Thriller ‘Zero Contact’ to Premiere on NFT Platform
8.7.2021
Award-winning movie star Anthony Hopkins’ new film called Zero Contact is set to launch on a new non-fungible token (NFT) platform this summer. The feature-length movie was produced entirely virtually during the 2020 global pandemic. Anthony Hopkins Stars in Movie Launching as NFT A...