Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban

The co-founder and former CEO of crypto exchange BTCC, Bobby Lee, said Beijing could move to ban Bitcoin entirely. Recent FUD activity, coming from China, was a factor in BTC’s unceremonious dump several months ago. Chinese authorities issued notices banning financial institutions from dealing with crypto firms to protect against financial risk. As well as …

Binance cuts AUD, EUR, GBP trade pairs amidst regulatory crackdowns

Crypto exchange Binance announced it is delisting margin trading pairs for three fiat currencies, namely the Australian dollar (AUD), the Euro (EUR), and the British pound sterling (GBP). Amidst increasing regulatory pressure, the world’s largest crypto trading platform in terms of volume continues curbing its trading services. Margin trading  Binance Margin will delist AUD, EUR, …

Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security

The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals $10 Million Bug Bounty Fund ‘Priority One’ Security experts and bug …

Massive Short Squeeze Pushes Bitcoin Closer to $40K, Crypto Economy Jumps 9% Higher

The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages and currently hovers above the $38K range. The entire cryptocurrency economy has spiked 9.72% rising to $1.53 trillion in overall …

Santo Blockchain and French Artist Jerome Peschard Release Cutting Edge XR-NFT Series

press release PRESS RELEASE. Santo Blockchain Labs have joined forces with French artist Jerome Peschard to create an XR-NFT art series like nothing the crypto market has seen before. 26th July 2021, Ho Chi Minh City, Vietnam — Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist …

Uniswap Restricts Access to 129 Crypto Assets, Cites Evolving Regulatory Landscape

Uniswap Labs has announced it is restricting access to 129 crypto tokens as it monitors an evolving regulatory landscape. In a new blog post, Uniswap Labs, the leading contributor to the Uniswap protocol, provides a list of tokens it will restrict access to. The software development studio says that the assets in question represent a …

Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2

Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets.  Sentiment-driven analysis from The TIE and eToro USA reveals the extent to which Musk and Saylor impacted Bitcoin (BTC) values in the …

Ethereum eyes rally to $3K, with 39% ETH price rebound triggering a classic bullish pattern

The price of Ether (ETH) jumped to a three-week high on Monday, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector. A job posting from the retail giant showed that it is seeking an executive to build its “digital currency and …

Blockchain fail-safes in space: SpaceChain, Blockstream and Cryptosat

In the 1988 “Crypto Anarchist Manifesto,” engineer, author and cypherpunk Timothy C. May predicted a social and economic revolution enabled by technological developments, including high-speed networks, personal computers and satellites. Today, former Bitcoin core developer Jeff Garzik — now with SpaceChain — and others are making this vision a reality. Private crypto companies including SpaceChain, …

Bitcoin ETF not happening in 2021, says Wilshire Phoenix co-founder

William Cai, co-founder of investment firm Wilshire Phoenix, is the latest person to cast doubts on the possibility of a Bitcoin (BTC) exchange-traded fund (ETF) approval in the United States in 2021. Speaking to Business Insider, Cai remarked that a Bitcoin ETF in 2021 is unlikely as he offered 2022 and 2023 as the earliest …

5 Top Cryptocurrency To Buy This Week July 2021 Week 4

The crypto market has made massive gains over the last week. The market cap which was at $1.37 trillion only last week has grown to $1.54 trillion. Following off from the 2. Ethereum (ETH) Another top cryptocurrency to buy this week is Ethereum. The second-largest cryptocurrency is currently trading at $2,321 and is up by …

BitcoinIRA Transactions Jump 24,900% in 4 Years As Investors Flock to Crypto Retirement Savings

Financial services technology platform BitcoinIRA is seeing massive growth in transactions as investors flock to crypto for their retirement savings, according to a CNBC report. BitcoinIRA is a California-based firm that allows its clients to invest in crypto assets with the kind of tax breaks that come with an individual retirement account (IRA). ADVERTISEMENT   …

Blockchain Australia calls the state for crypto safe harbor

Blockchain Australia, a major association representing the local cryptocurrency industry, has officially introduced its crypto regulation recommendations to the federal government. The association filed a submission to the Senate Select Committee on Australia as a Technology and Financial Centre last Friday, calling the government to provide a safe harbor for local crypto service providers. Pointing out …

Cryptocurrency is ‘pure trading instrument,’ hedge fund CEO says

Not all hedge fund managers are sold on crypto as Man Group CEO Luke Ellis has compared cryptocurrencies to tulip bulbs. Speaking to the Financial Times, Ellis remarked that the utility of crypto comes from its volatility, thus presenting the asset class as a viable trading opportunity. According to the CEO of the world’s largest …

Global crypto ATM installations have increased by 70% in 2021

Alongside cryptocurrency’s decade-long adoption drive, the momentum behind the installation of crypto ATMs continues across the globe. Based on Coin ATM Radar’s latest data, crypto ATM installations in 2021 have witnessed a spike of 71.73%, pulling up the numbers from 13,993 on Jan. 1 to 24,030 at the time of reporting.  Last year, the global …

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