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Cryptocurrency News

Location American Cryptocurrency News for 16 July 2021
Bitcoin bounces off $31K after Bank of America greenlights BTC futures trading Little change on Bitcoin markets as sideways trading continues and a clear bear trend is yet to enter decisively.
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Former US Treasury Secretary Mnuchin Says His View on Bitcoin 'Has Evolved' Former U.S. Treasury Secretary Steven Mnuchin says his viewpoint on bitcoin “has evolved a little bit.” While he personally does not want to have bitcoin in his portfolio, he says if people want to buy the cryptocurr...
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Shanghai Man: Crypto media closes, bad news just repeats, mining laws are beneficial? With government officials trying to clean up the image of China prior to the start of the Winter Games, miners are leaving in droves and media group Bishijie has been forced to close down
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Paypal Raises Weekly Cryptocurrency Purchase Limit to $100K, Removes Annual Limit Payments giant Paypal has increased its weekly purchase limit for cryptocurrencies and has removed the annual limit altogether. The company said, “These changes will enable our customers to have more choice and flexibi...
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Visa, Mastercard Monitor Binance's Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. ...
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Price analysis 7/16: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC Bitcoin bulls defended the $31,000 level again, but data shows demand for BTC and altcoins is weak and this heightens the chase of further downside.
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Investors Are Still Free To Use Binance, Says Polish Regulator Source: a screenshot, Instagram/binance After warning local investors about Binance last week, Poland's Financial Supervision Authority (KNF) reminds that they are still free to decide whether to use this platform. As it...
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China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress. The PBOC initiated a task force...
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US financial agencies will meet to discuss the future impact of stablecoins They intend to discuss the regulation of stablecoins, as well as the technology's potential benefits and risks.
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Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform PRESS RELEASE. Position Exchange’s Team is pleased to announce the launch of its new Decentralized Trading & Exchange Community driven platform. What is Position Exchange? Position Exchange is the new Decentralized Tra...
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Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today's Crypto Trade Volume Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains ...
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Bitcoin price passes $32K with traders wary of 'relief rally' if resistance stays Bitcoin may not be able to make good on its Bank of America pump if its daily close fails to impress.
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New project aims to bring global crypto miners to Russia Russian crypto advocates are already collaborating with a consortium including some of China's largest crypto mining-related companies.
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Bitcoin Mining Difficulty Is Set to Drop to June 2020 Level This Weekend Bitcoin mining rigs. Bitcoin (BTC) mining difficulty is set for another notable drop this weekend - this one dragging it down to the June 2020 level. Bitcoin mining difficulty, or the measure of how hard it is to compete...
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US Government Offers Cryptocurrency in 'Rewards for Justice' Program The U.S. Department of State’s Rewards for Justice program is offering a reward of up to $10 million “for information on foreign malicious cyber activity against U.S. critical infrastructure.” The department furthe...
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Lithuania Issues Warning to Binance, Warns Investors Crypto Services Are Not Regulated Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning. Lithuan...
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Cointelegraph Consulting: Stablecoin activity drops after May peak Despite the tumble in stablecoin activity, average transactions of stablecoins DAI and UST still exceed those of USDT and USDC.
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Bitcoin and Ethereum Weekly Wrap: Bears In Control

Crypto News - 16 Jul 2021 14:18
Bitcoin and Ethereum Weekly Wrap: Bears In Control Bitcoin price remains in a bearish zone below USD 33,500 and USD 35,000. BTC is following a declining pattern, with a strong support at USD 30,000. If there is a daily and weekly close below USD 30,000, the price might d...
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Baanx BXX Token: 100% Increase on Its Debut

Bitcoin.com - 16 Jul 2021 14:00
Baanx BXX Token: 100% Increase on Its Debut PRESS RELEASE. BXX listed on the MEXC Global exchange, and jumped from $0.15 at listing, to $0.50, before settling down to the mid. $0.30s- a more then 100% increase over the course of its first few hours of trading. Poo...
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Brazil Approves First Latam Based Ethereum ETF

Bitcoin.com - 16 Jul 2021 13:30
Brazil Approves First Latam Based Ethereum ETF Regulators from the CVM, the securities watchdog of Brazil, have approved the first Ethereum-based ETF in Latin America (Latam). The product, presented by blockchain investment company QR Asset, aims to simplify the task...
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Facebook to Ramp up Payments Ahead of Diem Launch

Crypto News - 16 Jul 2021 12:51
Facebook to Ramp up Payments Ahead of Diem Launch The social media heavyweight Facebook is forging ahead with more Facebook Pay innovations ahead of the launch of its stablecoin project Diem (formerly Libra). Per The Verge, the new Facebook Pay solution is to be expande...
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Crypto offers more freedom, Coinbase CEO responds to DOGE creator Crypto is a "much-needed breath of fresh air" for those who believe that state solutions are often "inefficient, overpromise or underdeliver," Brian Armstrong said.
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