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Cryptocurrency News

Location American Cryptocurrency News for 3 July 2021
Is Bitcoin in danger of losing $30K with Grayscale's big GBTC unlocking in two weeks? Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares unlocking in July.
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Bitcoin Still Commands the 9th Largest Market Capitalization in the World Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the wor...
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Binance Deploys Crypto Monitoring 'Traveler' System to Comply With FATF Travel Rule Binance announced yesterday it deployed Ciphertrace’s Traveler system as part of its compliance efforts. Traveler is the first system designed for exchanges to comply with the Travel Rule proposed by the Financial Acti...
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South Korean Crypto Exchange Execs Arrested Amid USD 2B Fraud Fears Police in South Korea said they fear that the crypto exchange V Global could be at the center of a fraud network that has sucked in some USD 2bn, as investigations into the platform intensify and police officers raided t...
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Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is going to conduct a dedicated study with the participation of major banks and payment processo...
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Cardano Joins Grayscale Digital Large Cap Fund as Third Biggest Component Cardano has been added to Grayscale Investments’ large-cap cryptocurrency fund. It is now the third-largest component of the fund after bitcoin and ether. Grayscale Investments, the world’s largest digital currency a...
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NBA's Portland Trail Blazers Partner With Crypto Cashback Company Stormx In 2021, there’s been a plethora of cryptocurrency-related announcements about professional sports teams, leagues, and famous athletes. On July 1, the National Basketball Association’s (NBA) Portland Trail Blazers an...
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New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the cou...
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Cryptocurrency and the rise of the user-generated brand When looking at cryptocurrencies from a marketing perspective, they present a significant paradigm shift in branding.
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How Taproot Might Affect Bitcoin's Competitiveness Taproot is on its way. The long-awaited Bitcoin (BTC) upgrade has been confirmed, after it passed the minimum threshold of 90% miner approval in mid-June, meaning that it will be implemented in November. While the core f...
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Approachings, Warnings, Technicalities and 20 Crypto Jokes This week in the Cryptoverse, we saw that the Ethereum address activity approached Bitcoin's level in June, and BNB kept climbing despite the warnings issued to Binance in two countries and it closing shop in a third, bu...
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South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer ...
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Trustless bridges may be the key to blockchain interoperability The arrival of interoperable solutions will be an opportunity for a positive shift in the public's perception of blockchain.
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Ukraine Shuts Down Illegal Mining Farm With 150 Rigs Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a r...
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US State Department Official Wants El Salvador to 'Ensure Bitcoin Is Well Regulated' The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U.S. has urged El Salvador to be responsible with the country’s new bitc...
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