Atlanta-based payments giant NCR will soon enable over 24 million customers at 650 banks to buy Bitcoin. As part of its deal between NCR and digital asset management firm NYDIG, community banks will be able to offer Bitcoin purchases through mobile applications built by the payments provider. ADVERTISEMENT NYDIG says the new partnership that …
Monthly archives: June 2021
Race for Bitcoin ETF Heats Up As ARK Invest Files Registration
Investment manager ARK Invest is joining a growing list of organizations that are seeking to launch a Bitcoin exchange-traded fund (ETF) in the US. The Cathie Wood-led ARK Invest is calling its proposed financial product ARK 21Shares Bitcoin ETF, according to a filing with the U.S. Securities and Exchange Commission (SEC). ADVERTISEMENT The investment …
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TeraBlock Partners With Binance Cloud To Bring Industry-Leading Technology, Liquidity and Security Solutions to Users
June 30, 2021 – Tortola, British Virgin Islands TeraBlock, a cryptocurrency trade automation exchange, is excited to announce its partnership with Binance Cloud, an infrastructure solution for customers and partners to launch digital asset exchanges, leveraging Binance’s industry-leading technology, security and liquidity. Binance Cloud will be handling TeraBlock’s exchange technology development and maintenance, user registration, …
3 key areas traders are watching as Bitcoin’s monthly close occurs
Bitcoin’s (BTC) whipsaw volatility has been on full display throughout June, leaving traders confused and in search of the latest technical indicator or major news announcement that might provide some hint at which way the price will move. As the month of June comes toward an end, traders are now focused BTC’s on the monthly close to …
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George Soros’ investment fund is reportedly trading Bitcoin
Soros Fund Management, the private investment firm of billionaire George Soros, is reportedly trading Bitcoin (BTC) as part of a broader exploration of digital assets, according to financial news website TheStreet. People familiar with the matter told author Michael Bodley that Dawn Fitzpatrick, the chief investment officer for Soros Fund Management, gave the green light …
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Ethereum 2.0 approaches 6 million staked ETH milestone
Ethereum 2.0 is approaching what some are calling a major milestone in its short history — 6 million staked Ether (ETH). The Ethereum Launchpad, Ethereum 2.0’s portal for validators to stake their coins, shows some 5.9 million staked Ether and almost 180,000 validators powering the blockchain Wednesday. That averages out to just slightly more than …
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Price analysis 6/30: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
Bitcoin price staged a mild resurgence at the start of this week but data from Glassnode suggests that its new BTC investors who came late to the party and are dumping their positions in a panic. This transfer of crypto assets from speculators or momentum chasers to long-term investors is a positive sign. This lays the …
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CNBC’s Jim Cramer Says He’s Loading Up on Ethereum, Not Bitcoin – Here’s Why
After selling most of his Bitcoin, CNBC’s Jim Cramer says he’s placing his bets on the leading smart contract platform Ethereum (ETH). In a new Squawk Box interview, Cramer explains why he’s now turning to ETH instead of the largest cryptocurrency, Bitcoin (BTC). ADVERTISEMENT “I went into Ethereum this time. I went back into …
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Xcapit Integrates RIF Token on Its Investment Wallet
June 30, 2021 – Gibraltar, United Kingdom The Bitcoin ecosystem continues to grow as access is granted to RIF token holders, allowing them to gain access to a new investment wallet and get automatic yield. Xcapit, the company that built an investment wallet on the RSK network, is adding RIF token to its investment portfolio, …
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Nexo Initiates Cardano Integration With Exchange, Borrow and Earn for ADA
June 30, 2021 – London, United Kingdom Nexo, the leading institution for digital assets, has initiated the integration of ADA, the native asset of Cardano, to its full suite of financial services. The initial launch includes buy and sell services for ADA on the Nexo Exchange, yields of up to 8% interest and the option …
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Dexlab Raises $1.44M To Make Launching on Solana Easy
June 30, 2021 – Seoul, South Korea Token minting platform Dexlab has completed a private funding round to create a gateway to the Solana ecosystem. $1.44 million was raised with the aid of grants from Solana and Eco Serum and the participation of leading blockchain venture capital firms. Dexlab is the developer behind the Minting …
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Twitter ‘dropping NFTs all day’ in nonfungible token giveaway
Leading social media network Twitter launched a nonfungible token, or NFT, giveaway on Wednesday in a campaign that shined the spotlight on the evolution of the social media network. Twitter announced Wednesday that it will give away 140 free NFTs to 140 of its followers. The tweet, which had already received over 13,000 likes at …
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Gold outshines Bitcoin in Q2 even after posting its worst month since 2016
Gold is set to outperform Bitcoin (BTC) in the second quarter of 2021. An ounce of gold has surged from $1,707.45 on April 1 to over $1,750 in the still-running June 30 session. That marked a roughly 3.9% jump over the quarter. Meanwhile, Bitcoin has plunged by more than 40% to below $35,000 after topping …
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Binance tackles Travel Rule compliance after multiple bans
Binance, the world’s top-ranked crypto exchange by daily trading volume, has faced a quick succession of bans on its operations in three different jurisdictions: Ontario, Canada; Japan; and the United Kingdom. While affected users continue to adjust to these quickfire developments, the platform appears to be stepping up its efforts to comply with international regulatory …
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1inch Foundation upgrades governance framework
1inch Foundation, the non-profit arm of the 1inch decentralized exchange aggregator, has introduced important changes to its governance framework intended to streamline the proposal process. On Wednesday, the Foundation announced the creation of the 1inch Network Governance, which complements the “instant governance” framework the protocol launched back in December 2020. Instant governance gave 1inch token …
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