Popular crypto analyst Benjamin Cowen says XRP will hit new all-time highs, but he thinks traders will have to wait a while. Cowen tells his 478,000 YouTube subscribers that the market needs to consolidate, and no crazy price action is likely to happen with the sixth-largest crypto asset anytime soon. ADVERTISEMENT He does, however, …
Monthly archives: July 2021
IMF, World Bank and BIS champion central bank digital currencies at G20
In a joint report, the International Monetary Fund (IMF), the World Bank and the Bank of International Settlements (BIS) have proposed to the G20 that a cross-border network of central bank digital currencies (CBDC), underpinned by efficient technological integration and proactive international cooperation, could be of significant benefit to the world economy. The report focuses on broadening …
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Bitcoin is a miracle and better than gold, says Apple co-founder Wozniak
Apple co-founder Steve Wozniak has reportedly reiterated his positive stance on Bitcoin (BTC) despite not being a Bitcoin investor himself. A vocal proponent of Bitcoin who once called it the “only digital gold,” Wozniak reportedly referred to Bitcoin as a “miracle of technology” and a “unique mathematical formula” at Talent Land Digital 2021, a major …
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US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
Gryphon Digital Mining has signed a purchase agreement with Bitcoin (BTC) mining equipment maker Bitmain to purchase 7,200 Antminer S19J Pro mining rigs. According to a release issued on Thursday, the entire outlay for the mining inventory amounts to about $48 million. Starting in August 2021, Bitmain will deliver 600 mining rigs to Gryphon each …
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Israeli defense minister authorizes seizure of Hamas-tied crypto accounts
Israeli defense minister Benny Ganz has signed an order authorizing security forces to seize cryptocurrency accounts believed to be tied to the militant wing of Hamas, the de facto ruling authority of the Gaza Strip in Palestine. Ganz has said that a joint security operation between the Ministry of Defense’s National Bureau for Counter Terror …
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Unique Addresses on the Binance Smart Chain Hit a New ATH of 83.152M
Unique addresses on the Binance Smart Chain have hit a new all-time high of 83.152 million However, the daily transaction count on the Binance Smart chain has dropped by 66.38% since its peak value in mid-May Total value locked on the Binance Smart Chain now stands at $25.933 Billion and has dropped by 51.4% since …
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Twitter CEO: Square is Building a Bitcoin (BTC) Hardware Wallet
Jack Dorsey has confirmed that Square is working on developing a hardware wallet for Bitcoin The team at Square is requesting community participation in the project Square is also hiring for key roles in hardware, software, security and business Jack Dorsey has proposed an ‘assisted self-custody’ solution centered around the internet on mobile Square also …
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The Billion Dollar Market Cap: True ownership for the internet!
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › Remember the Million dollar website? Imagined and brought to live back in 2005 by Alex Tew, the concept was a simple yet powerful one. To raise money for his university education, Alex decided to …
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Legacy US bank increases Bitcoin exposure via Grayscale Bitcoin Trust
A division of Chicago’s First Midwest Bank increased its Bitcoin exposure last month, a filing with the US Securities and Exchange Commission showed. BTC institutional watch: In an SEC filing today, First Midwest Bank Trust Division, based in Joliet, Illinois, reported holding 29,498 shares of Grayscale Bitcoin Trust as of June 30. Previously, it reported …
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Vorto innovates gaming with tokens, play-to-earn, and more
We recently sat down with Vorto CEO Kris Vaivods to talk about how all of this is working, and what it means for the future of gaming. Vorto has been making important inroads into decentralized finance and blockchain applications recently. What do you see as having driven a lot of these extensions of your play-to-earn …
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Using Decentralized Digital IDs and Blockchain to Help Millions in Africa Get Identified
With over 1.3 billion inhabitants, Africa accounts for over 16% of the world’s population. However, the continent still falls short when it comes to providing its residents with legitimate or government-issued identification documents. As some studies have revealed, as many as 400 million Africans do not have the appropriate identification documents. Lack of Required Documents …
Binance CEO Changpeng Zhao Ponders Regulation: ‘Compliance Is a Journey’ in Crypto
Binance CEO Changpeng Zhao stated his take on the recent regulatory crackdown Binance is facing. In a blog post, Zhao explains Binance aims to comply with local regulations. However, he also stated cryptocurrency was a nascent industry, and there are a lot of uncertainties in the field. Binance has been getting a slew of warning …
Israeli Knesset Creates Special NFT for New President Isaac Herzog
Israel’s parliament, the Knesset, has become the first national legislature to release a non-fungible token. The special NFT has been created for the country’s new president, Isaac Herzog, who took office this week after his election in early June. Knesset Becomes First Parliament to Issue NFT Isaac Herzog received the token right before his inauguration …
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Crypto Traders Should Brace for Extended Correction, Warns Analyst – Here’s How Long Market Downturn Could Last
A popular crypto analyst who accurately predicted a pair of Bitcoin (BTC) price crashes says traders should brace for an extended market correction. Pseudonymous crypto trader Dave the Wave tells his 68,600 Twitter followers that previous pullbacks on Bitcoin’s logarithmic growth curve (LGC) indicate that the current correction could extend another five months – until …
UK advertising watchdog flags crypto ads ‘red alert’ priority
Amid the United Kingdom taking a tougher regulatory stance on the cryptocurrency industry, a major local advertising industry organization has announced a crackdown on crypto ads. The Advertising Standards Authority (ASA), the U.K.’s independent advertising regulator, plans to launch a major effort this month to hunt and shut down misleading crypto adverts, the Financial Times …
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