Digital payment ecosystem MobileCoin raises $66M

MobileCoin, a crypto-focused digital payment ecosystem, announced Wednesday that it has concluded a $66 million funding round as part of a wider effort to bring more of its products and services to market.  The Series B had participation from several leading venture funds from within the blockchain and cryptocurrency industry, including Alameda Research, BlockTower Capital …

Bitcoin’s weekly MACD just crossed bullish for the first time in 11 months

Bitcoin (BTC) kept traders guessing later on Aug. 18 as one forecast said that a $40,000 dip would be the “most obvious” next move. BTC/USD 1-hour candle chart. Source: TradingView.com $37,000 is last chance saloon for BTC Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged around the $45,000 mark on Wednesday, …

Brazil prez meets with Brian Brooks and Circle to discuss possible CBDC

Brazil’s interest in the crypto space does not look like abating anytime soon as the President of the central bank of the country, Roberto Campos Neto, recently held a video conference call with two key figures in the crypto space regarding the rollout of a potential Central Bank Digital Currency (CBDC) in the country. A …

Deeper Network is holding a raffle giveaway to celebrate mainnet launch

Deeper Network is holding a raffle giveaway to celebrate mainnet launch Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Adoption The network’s much-awaited mainnet launch comes with a host of prizes for the broader community. Shaurya Malwa · August 18, 2021 at 2:00 pm UTC · …

Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit

Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials. This affects the commission’s lawsuit against Ripple Labs and its executives. SEC’s Conflicts of Interest Involving Bitcoin, Ether, XRP, Ripple Empower Oversight Whistleblowers & …

Major Dutch Football Club PSV Hodls Bitcoin — Sponsorship to Be Paid Entirely in BTC

Major Dutch football club PSV has signed a partnership deal with a crypto exchange and its sponsorship will be paid entirely in bitcoin. “PSV is the first club in the EU to receive the sponsorship amount in crypto,” said the football club. PSV Professional Football Club Will ‘Hodl’ Bitcoin Major Dutch football club PSV, also …

Quantum-Resistant Token, Crown Sovereign (CSOV) Will Be Listed on Bitcoin.com Exchange

press release PRESS RELEASE. Crown Sterling’s Crown Sovereign token (CSOV), the world’s first quantum-resistant digital asset, will be listed on Bitcoin.com Exchange in late September. This represents a milestone for both parties, one where Crown Sterling’s (CSOV) token will be listed on one of the world’s leading exchanges, while the Bitcoin.com Exchange team will be …

Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project

Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. Government Employees to Be Paid With …

Investors Starting To See Bitcoin As Digital Property, According to Shark Tank Veteran Kevin O’Leary

Billionaire investor and Shark Tank veteran Kevin O’ Leary thinks investors are warming up to Bitcoin as digital property. In an interview on the Best Business Show with Bitcoin bull Anthony Pompliano, O’Leary contends that big investors and institutions are starting to treat Bitcoin more like prime real estate in Manhattan rather than a currency …

Binance Coin, Dogecoin and Two More Altcoins Jostling for Breakouts, According to Analyst Justin Bennett

Top crypto analyst Justin Bennett is keeping an eye on Binance Coin (BNB), Dogecoin (DOGE) and two other altcoins that he says could be setting up for breakouts. The closely followed analyst tells his 63,000 followers that BNB is sitting right on the brink of a price spike, naming a key level to watch for …

Ready Player Earn: Where NFT gaming and the virtual economy coincide

Nonfungible tokens (NFT) have arguably transitioned from being an obscure part of the crypto and blockchain space to occupy greater significance within popular culture. Indeed, as cryptocurrencies and decentralization appear to permeate the conversation across social, political and economic lines, the apparent hype surrounding NFTs seems to be incentivizing greater adoption of digital currencies. Within …

Ukrainian ministry considering digital currency pilot for staff salaries

Mikhail Fedorov, Ukraine’s Deputy Prime Minister and the head of the country’s Ministry of Digital Transformation, has revealed a possible early use case for the nation’s planned central bank digital currency (CBDC). In a recent interview published by Ukrainian media outlet TSN, the minister revealed considerations within the ministry to test out the CBDC by …

Crypto.com uses Circle API to launch USD bank transfers in over 60 countries

Digital asset exchange and service provider, Crypto.com, has launched withdrawals via U.S. dollar bank transfers for institutional clients across more than 60 countries. According to an August 18 announcement, the expanded fiat functionality for institutional account holders has been enabled by its partnership with Circle. Institutional customers are now able to withdraw dollars from their …

Bitcoin bulls at risk? Tether growth rate flatlines despite market cap crossing $64B

Tether Holdings Ltd, the issuer of the largest stablecoin, Tether (USDT), reported that its total market capitalization had crossed $64 billion for the first time in history. The company called the event a “milestone,” adding that it is another indication of the cryptocurrency market’s “continued trust and confidence” in its stablecoin. Tether’s $USDt market cap …

Institutional Money Flowing Into Cardano As Sentiment in Crypto Market Recovers: CoinShares

Crypto asset management firm CoinShares says that institutional investors are taking an interest in Cardano (ADA) as the broader crypto markets show signs of recovery. In a new weekly report, CoinShares says that the Ethereum competitor registered inflows worth $1.3 million in the past week. Year-to-date, Cardano has witnessed institutional investments amounting to $28 million. …

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