BTC price regains $33k as Square confirms ‘mainstream’ Bitcoin wallet plans

Bitcoin (BTC) came back to life later on July 9 after a whale-induced price dip failed to hold the market down for much more than 24 hours. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price action returns $33,000 support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD jumping 2% in an hour on Friday, …

Pandemic has accelerated the rollout of CBDCs by 5 years, says blockchain firm

Research from European blockchain company Guardtime suggests that the current pandemic may have accelerated the launch of a major central bank digital currency by up to five years. According to Guardtime, the company said the growth of many technology companies, improved use of networking and telecommunications platforms, and digitalization of the world in general could …

Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects

Immunefi, a security service outfit that specialized in decentralized finance (DeFi) projects, has inked a collaboration with crypto exchange giant Binance. According to a release issued on Friday, Immunefi will work in collaboration with Binance to improve the security of projects on the Binance chain. As part of the partnership, Binance will match bug bounty …

The Top New Ways to Spend Your Bitcoins Online and Off

Thousands of people buy and sell bitcoins to earn profits. However, spending this crypto money on goods and services is also available. Bitcoin is a modern and incredibly promising cryptocurrency. Why do so many people like to pay with this type of crypto cash? What can you buy with bitcoins? Let’s find out the best …

NFT Stars Hosts an Auction for Contemporary Artist Mo Tuncay

July 7, 2021 – Sydney, Australia The new NFT marketplace NFT STARS has announced the auction of the artwork ‘Celebrations,’ created by the contemporary artist and abstract painter – Mo Tuncay. It’s the artist’s debut on the NFT stage and his first painting to ever be minted as an NFT. The auction starts on July 9, …

Legal Expert Weighs Likelihood That Cardano, Dogecoin, Polkadot and Uniswap Will Face Regulatory Action From the SEC

Legal expert and XRP advocate Jeremy Hogan is sharing his outlook on the likelihood that several large-cap digital assets will face future securities lawsuits from the U.S. Securities and Exchange Commission (SEC). Hogan analyzes how likely the SEC is to go after Cardano (ADA), Dogecoin (DOGE), Polkadot (DOT), and Uniswap (UNI) based on a “danger …

Elon Musk and Bitcoin: A toxic relationship

On July 8, Max Keiser and Stacy Herbert hosted an Elon Musk-inspired show in Austin, Texas. Aptly named “F*ck Elon,” the event, which included a large number of Bitcoin (BTC) maximalists, was surely a rowdy affair. Keiser is known for many things, but restraint is not necessarily one of them. Although we can debate the …

New Bitcoin entities near all-time high as analyst heralds ‘positive whale activity’

Bitcoin (BTC) on-chain activity is “dead” but on-chain indicators are overwhelmingly positive right now, says analyst William Clemente. In the latest edition of Anthony Pompliano’s weekly newsletters, Clemente highlighted multiple metrics showing no reason to be bearish about Bitcoin this month. 50,000 new Bitcoin entities every day With BTC price action failing to impress, there …

US crypto community overtaking Asia, says Mike Novogratz

As Bitcoin (BTC) has continued trading sideways after dipping below $33,000 on Thursday, Galaxy Digital CEO Mike Novogratz has provided some geopolitical observations regarding the industry. In an interview with CNBC’s Squawk Box, Novogratz said that Bitcoin price is now consolidating between $30,000 and $35,000, suggesting that the United States’ crypto community is now taking …

Binance in the crosshairs: Are regulators paying attention to crypto?

Is Binance crypto’s new whipping boy? Regulators in the United States, the United Kingdom, Canada, Japan, Thailand and the Cayman Islands have all recently issued warnings and even criminal complaints against the cryptocurrency exchange. Even Poland entered the fray as its financial regulator warned citizens to exert “special caution” when using Binance’s trading services. Some …

XRP To Hit New All-Time High, Predicts Analyst Benjamin Cowen – But There’s a Catch

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, …

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 …

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 …

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 …

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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