Payments Provider Clear Junction Stops Processing Payments for Binance

On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial …

Panther Protocol and StackOS Partner to Bring Privacy to DeFi and NFTs

press release PRESS RELEASE. Panther Protocol has joined forces with StackOS, a decentralized cloud protocol, to deliver privacy and data protection tools. As a meta-protocol focused on end-to-end privacy for any digital asset, Panther is of great interest to virtually all DeFi users looking to benefit from personal financial data protection and confidential cryptocurrency transactions. …

Incoming Squeeze? Bitcoin Shorts on Bitfinex Spike, BTC Long Positions Tap Fresh New Highs

The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin Shorts Climb Higher Bitcoin (BTC) and digital …

Social NFT Project Nifty’s Raises $10M, Partners With Entertainment Giant Warner Bros

The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like A&T Capital, Polychain Capital, Ethereal Ventures, Liberty City Ventures, Dapper Labs, Topps, …

Grayscale Says Institutional Fund Featuring Bitcoin, Ethereum, Cardano and Additional Altcoins Now Registered With SEC

Digital asset management giant Grayscale has reached a new milestone with the Securities and Exchange Commission (SEC). In a new filing, Grayscale receives approval to launch its Large Cap Fund (GDLC) as an SEC-reporting company after initially seeking approval in May.  ADVERTISEMENT   The Large Cap Fund contains six top crypto assets, including Bitcoin (BTC), …

Lawmaker in Paraguay Teases ‘Mega Surprise’ in Bitcoin Bill Presentation Next Week

A member of Paraguay’s lower house is promising a “mega surprise” ahead of his presentation on a Bitcoin-focused bill to lawmakers next week. Carlitos Rejala tells his 59,000 Twitter followers that they can expect a major Bitcoin announcement for Paraguay and the rest of the world in the coming days. “I am here to unite …

Price analysis 7/12: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC

Bitcoin’s (BTC) roof has been shifting lower in the past few days, which is a negative sign because it shows that bears are selling on every minor rally. Bitcoin’s weakness is affecting the major altcoins as most are gradually drifting lower. Joel Kruger, a Forex strategist at LMAX, recently said: “It would be foolish to …

Capital International Group purchases 12.2% stake in MicroStrategy

Capital International Group, a $2.3 trillion asset manager headquartered in Los Angeles, has acquired a 12.2% stake in MicroStrategy — making it one of the largest indirect investors in Bitcoin (BTC) on the planet.  According to a filing with the United States Securities and Exchange Commission, or SEC, Capital International Group now holds 953,242 MSTR …

Bitcoin dips below $33K as shorts spike, trader warns of ‘violent’ BTC price squeeze

Bitcoin (BTC) fell back below $33,000 support on July 12 as a familiar cocktail of low volumes and mounting shorts pressured price action.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorters fail to spark a Bitcoin rout Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it hit local lows of $32,880 on Bitstamp.  Just …

India To Consider Banning Private Crypto Ownership Amid Meteoric Rise in Digital Asset Investments: Report

Legislators in India are reportedly gearing up to present a cryptocurrency bill that will prohibit the ownership of private digital assets in the country.  According to PRS Legislative Research, a non-profit organization that tracks the activities of the Indian Parliament, the proposed Cryptocurrency and Regulation of Official Digital Currency Bill is listed for introduction, consideration and …

Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem

July 12, 2021 – London, United Kingdom Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of the company’s $10 million ‘Series …

Here’s Why Bitcoin Is the Reinvention of Money, According to On-Chain Analyst Willy Woo

Bitcoin analyst Willy Woo is outlining why he believes BTC is a significant advancement in the history of money. Woo, who earlier this week said Bitcoin whale movements are signaling a bottom, maps out why he believes BTC is reinventing the monetary system. ADVERTISEMENT   Calling Bitcoin the type of event that happens just once …

Fidelity to hire more crypto hands amid growing institutional interest

Fidelity Digital, the crypto arm of the global asset management giant Fidelity Investments Inc., will reportedly hire more people for its expanding cryptocurrency business. According to Bloomberg on Monday, the company is planning to increase its staff size by about 70% to handle the growing patronage from big-money crypto investors. The increased workforce, numbering at …

UAE to experiment and launch an in-house digital currency

The United Arab Emirates becomes the latest country to join the race for experimenting with an in-house digital currency. According to the three-year plan for 2023-2026 that announces the launch of its digital currency, the Central Bank of the UAE, or CBUAE, intends to stand among the top 10 central banks across the world. CBUAE’s …

Grayscale’s diversified crypto fund becomes SEC-reporting firm

Cryptocurrency asset manager Grayscale Investments continues reinforcing its commitment to digital currency investment products with a new filing with the United States Securities and Exchange Commission, or SEC. The company announced Monday that it has filed a Form 10 registration statement 10 with the SEC on behalf of its Grayscale Digital Large Cap Fund (GDLC) …

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