Mastercard Enhancing Program for Cryptocurrency Wallets and Exchanges

Payments giant Mastercard has announced that its crypto card program is being enhanced for cryptocurrency wallets and exchanges. The company said, “Making the process simpler will allow more banks and crypto partners the opportunity to offer their consumers the choice of paying with cryptocurrency.” Mastercard Making It Simpler to Convert Cryptocurrency to Traditional Fiat Currency …

SEC vs. Ripple update: Agreement to reschedule deposition on Ethereum and XRP 

Ripple insists on deposing former high-ranking SEC official as part of XRP lawsuit Ripple Labs, the blockchain company behind the XRP token that is currently locked in a $1.3 billion legal battle with the United States Securities and Exchange Commission (SEC), has rescheduled the deposition of William Hinman, the SEC’s former director of Division of …

Making Dogecoin your personality? AXE’s ‘Dogecan’ bodyspray is here

July 20, 2021, is a day all Dogecoin fans need to be aware of. From today, global perfume maker Axe is giving away limited edition Axe Dogecan. The package comes in a neat presentation box, but most of all, lucky recipients get that “48 hour crypto scent” that we all need in our life. The …

Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre Consortium’s accountant, Grant Thornton explaining that the stablecoin’s reserve account information matches the accompanying reserve account …

Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO

An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the IPO launches next week. Robinhood …

Grooming Products Firm Axe Releases Limited Edition ‘Crypto Scented’ Doge Body Spray

On Tuesday, the company that owns the brand of male grooming products, Axe, announced the launch of a dogecoin-themed and “crypto scented” body spray. The release was limited and currently, the body spray featuring the image of the cartoon Shiba Inu is no longer available to U.S. residents. ‘Much Disappointment’ — Doge-Themed Body Spray Is …

Crypto bank BlockFi faces regulatory block in New Jersey

The New Jersey Bureau of Securities has filed a cease and desist order against cryptocurrency lending company BlockFi, prohibiting it from accepting new clients for the firm’s Interest Account service in the corresponding jurisdiction. No BlockFi in New Jersey Forbes initially broke the news earlier today, citing a draft press release from the New Jersey …

Neon Labs is deploying the Ethereum Virtual Machine (EVM) on Solana

Neon Labs, a company building secure blockchain solutions, announced today that it will be deploying its cross-chain EVM solution on the Solana testnet. The Neon EVM will grant any dApp in the Ethereum ecosystem access to high throughput and fast block time on Solana, as well as lower gas prices without requiring code changes. The …

Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey

On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing in New Jersey beginning July 22, 2021.” New Jersey’s acting attorney general Andrew Bruck also tweeted about the issue and …

Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests

Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility. More than half of the respondents in a new survey conducted by Fidelity’s crypto subsidiary have revealed they already have digital asset investments. Poll Confirms Strong Institutional Interest in Digital Assets Despite the uncertain regulatory …

Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes

The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day. Bitcoin’s Market Cap Sees $19 …

EtherLite (ETL) Token Is Now Listed on Bitcoin.com Exchange

press release PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of ETL, being available to trade on the 19th July 2021 at 16:00 UTC. ETL was created by the EtherLite team, as the utility token for their borderless, decentralized network with validators and community members from all around the world. ETL will start …

Elon Musk, Jack Dorsey, Cathie Wood Will Discuss Bitcoin Live at ‘B Word’ Event

Tesla CEO Elon Musk, Twitter CEO Jack Dorsey, and Ark Invest CEO Cathie Wood will be featured speakers at the Bitcoin event “The B Word,” which will feature a live discussion between the three focused on how Bitcoin is perceived by the mainstream. The ₿ Word event organizer announced Monday that Tesla and Spacex CEO …

Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign

Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Analysis Bitcoin dropped below the crucial weekly support of $32,500 as bears took control of the price action. Rohan Jethi · July 20, …

$540 million ‘rekt’ as top cryptos plunge overnight. Here’s the aftermath

Bitcoin dropped to under $30,000 last night and sparked a selling frenzy in the crypto market—one that led to half a billion dollars in liquidations, $285 million of that in BTC alone. As per data from analytics app Bybt, over 113,956 traders were liquidated on various crypto exchanges, with the largest single liquidation order occurring …

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