Monthly archives: August 2021

Coinbase acquires crypto exchange data aggregator Zabo

Nasdaq-listed cryptocurrency exchange Coinbase continues its buying spree by acquiring cryptocurrency aggregator service Zabo. According to a Wednesday announcement, Coinbase has started the process of acquiring Zabo, a Dallas-based cryptocurrency startup providing data integration services with major crypto exchanges and wallets, including Coinbase’s rival Kraken. The size of the acquisition deal wasn’t disclosed. Founded in …

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Bitcoin Price Prediction: BTC/USD Recovers Above $39,000

Bitcoin Price Prediction – August 4 The Bitcoin price is currently trading towards the 9-day moving average after the first digital asset recovers from $37,509. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $43,000, $45,000, $47,000 Support Levels: $35,000, $33,000, $31,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently holding above …

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Uruguay senator proposes bill to classify Bitcoin and other cryptos as ‘legal tender’

A senator in the Uruguayan parliament, Senator Juan Satori has joined the league of politicians supporting Bitcoin as he recently introduced a draft bill that proposes the regulation and enablement of the adoption of crypto payments by businesses. Crypto for business in Uruguay  Per Satori’s bill, “crypto assets will be recognized and accepted by the law …

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Richard Heart addresses the controversies surrounding HEX token

Love him or loathe him, one thing that can’t be denied is Richard Heart’s willingness to defend Hex from accusations of being a scam token. December 2021 will mark two years since Hex’s launch. To this day, it continues to divide opinion with media outlets generally holding a negative view. Heart is an active participant …

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FBI Joins Probe Into Collapsed South African Bitcoin Ponzi Scheme

In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S. …

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South African Start-Up Aims To Shield Merchants From Crypto Price Swings

While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented migrants, cryptocurrencies offer a faster and cheaper way of sending money to their loved ones. For …

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Fans Can Buy Game Moment NFTs In Person at the NBA Summer League Games in Vegas

Attendees of the upcoming NBA Summer League games in Las Vegas at the Thomas & Mack Center will be able to purchase NBA Top Shot non-fungible token (NFT) collectibles in person. For the first time ever, NBA Top Shot fans will be able to buy an NFT moment from a game they saw in person. …

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5 Top Cryptocurrency To Buy This Week [BTC,ADA, YFI, SOL, FIL] August 2021 Week 1

Discovering the top cryptocurrency to buy is no small feat. There are just too many digital assets to choose from making it expedient to choose the best ones that guarantee great returns. In this article, we review the best cryptocurrencies you should buy this week. 1. Bitcoin (BTC) To put into perspective, since launching in …

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5 Best New Cryptocurrency To Buy Now August 2021 Week 2

The cryptocurrency market has fallen in the wake of AXS hit its all-time high of $52.17 on July 27. Despite falling back down in the week or so that followed, it’s creeping back up again. Put differently, this may be the last time traders have the opportunity to buy it at a ‘discount.’ And it’s …

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BitTorrent (BTT) Price at $0.00297 after 3.4% gain – Where to Buy BTT

Since the recent crypto bull run, BitTorrent (BTT), a renowned decentralized file-sharing torrent platform, has been making an upward trend. Even though the bull run seems to have ended after BTC’s recent slump, BTT is still showing some resilience by making slight gains. BTT is trading at $0.00297 at the time of writing after a …

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SEC has no authority over crypto, CFTC commissioner argues

Amid the United States Securities and Exchange Commission (SEC) expanding the scope of oversight of the cryptocurrency industry, a commissioner with the Commodity Futures Trading Commission (CFTC) argued that crypto regulation doesn’t fall under the SEC’s jurisdiction. CFTC commissioner Brian Quintenz took to Twitter on Wednesday to declare that cryptocurrencies like Bitcoin (BTC) should be …

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Ethereum eyes 3-week winning streak vs. Bitcoin as BTC price drifts below $39K

Bitcoin (BTC) headed lower on Aug. 5 after an attempt to reclaim $40,000 failed to garner buyer support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Accumulation recalls October 2020 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to local lows of $38,700 on Bitstamp, down around 1.5% in several hours. The largest cryptocurrency had …

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Ethereum is becoming ultrasound money, ConsenSys founder says

ConsenSys founder and Ethereum (ETH) co-founder Joseph Lubin has implied that Ethereum is transitioning to “ultrasound money” status ahead of the London hard fork slated to activate around 12:30 pm UTC Aug. 5. During an interview with Bloomberg TV, Lubin was questioned on the imminent EIP-1559 upgrade, which will see Ethereum transition away from a bidding-based …

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Nifty News: NFTs in space, defunct CryptoPunks, Ernst & Young gets in on the act

One small step for NFTs… Two companies teamed up to stream a recording of composer Claude Debussy’s “Clair de Lune” to, and from, the International Space Station on July 28, reportedly marking the first instance in which a nonfungible token (NFT) has orbited the Earth. The orbital NFT expedition is the product of a partnership …

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Ripple granted access to Binance’s records in SEC securities case

The ongoing case between fintech firm Ripple and the U.S. Securities and Exchange Commission (SEC) took another turn this week when the company was granted access to Binance’s documents. U.S. Magistrate Judge Sarah Netburn granted Ripple CEO Brad Garlinghouse’s motion to “Obtain international discovery” of Binance records. According to the docket, the approval was made …

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