Category archives: Trending Crypto news

Swiss multinational investment banking giant, UBS, has warned its clients that crypto assets cbe unsuitable for professional investors if regulatory pressure continues. In a note sent to clients last week, the global wealth management team at UBS said China’s latest crackdown had hurt crypto prices and operators, cautioning that further regulatory pushback worldwide could exacerbate …

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An ex-Google tech lead and YouTuber with more than 1.1 million subscribers has been accused of engineering a multi-million dollar “pump and dump” scheme. Patrick Shyu, known pseudonymously as TechLead on YouTube, launched the Million token (MM) via Initial Dex Offering (IDO) on leading decentralized exchange Uniswap on July 1. The project’s website describes Million …

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New York locals are accusing Greenidge Generation’s gas-fired Bitcoin mining plant of heating Seneca Lake in upstate New York. On a daily basis, the Greenidge plant is permitted to withdraw 139 million gallons of water from the lake and discharge 134 million gallons of water. The plant is also allowed to discharge water with a …

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Crypto analyst and trader Scott Melker is sharing his Dogecoin (DOGE) analysis, teasing the possibility of a significant DOGE breakout. Melker tells his nearly 500,000 Twitter followers that if DOGE can surpass its immediate resistance at $0.26, the asset could surge 58% toward $0.38. However, the trader says that if bulls want to make a …

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A website aiming to support the development of Bitcoin has reportedly been hit with a DDoS attack. Cøbra, the pseudonymous owner of Bitcoin.org, reported on Twitter today that the website had been hit with an “absolutely massive” distributed denial of service, or DDoS, attack along with a ransom demand for an undisclosed amount of Bitcoin …

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The sustainability of the Bitcoin mining industry has significantly increased this year, according to a report published by the association of miners that was formed following the backlash on BTC’s energy use. In a new report, the Bitcoin Mining Council (BMC) says the results of its first voluntary survey that looked into the electricity consumption …

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A new survey reveals how Wall Street investors and portfolio managers see Bitcoin performing for the rest of the year. Conducted by CNBC, the survey asked over 100 chief investment officers what they think the price of Bitcoin will be when 2021 comes to a close. ADVERTISEMENT   Coming in at 44%, the most common …

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Closely-followed crypto analyst Nicholas Merten is identifying one critical catalyst that he says will leapfrog Cardano (ADA) to new all-time highs. In a new strategy session, Merten says Cardano may be one bullish catalyst away from igniting a strong price surge. ADVERTISEMENT   “Gotta say, this chart looks really good, and it shows me in …

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Barclays’ decision to stop facilitating British customers’ payments to Binance has been met with criticism by the cryptocurrency exchange after a spokesperson told Cointelegraph that the bank acted with “an inaccurate understanding of events.”  “We are disappointed that Barclays appears to have taken unilateral action based on what appears to be an inaccurate understanding of …

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A production and investment firm is launching a drama series on nonfungible tokens featuring a competition between Hong Kongers and Americans to create a digital currency. In a Sunday report from entertainment publication Variety, the AMM Global production company will be creating a 12-episode series called Crypto Keepers to premiere sometime next year. The drama, …

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Customers have been reporting that Barclays, a British multinational universal bank, has been blocking payments to Binance cryptocurrency exchange over the last week. The financial services giant has confirmed to cardholders that Barclays debit/credit card payments to the cryptocurrency exchange will not be allowed until further notice. One of crypto investment dashboard Wealth Kode’s cofounders, …

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July 5, 2021 – Tortola, British Virgin Islands OpenOcean, a pioneering full aggregator that supports interoperability across multiple networks, is excited to announce a strategic investment by Huobi Ventures Blockchain Fund. Following the investment, OpenOcean will work closely with the Huobi Global ecosystem to bring more innovative solutions connecting DeFi and CeFi. The new solutions …

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The largest heist in crypto history involving tens of thousands of missing BTC has taken an unexpected turn after the termination of the suspects’ lawyers. The two suspects, 20-year-old Ameer Cajee and 17-year-old Raees Cajee, are the founders of Africrypt, a former crypto investment firm based in Johannesburg, South Africa. ADVERTISEMENT   In April, Africrypt …

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