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Cryptocurrency News

Location American Cryptocurrency News for 20 July 2021
Bitcoin falls to sixth for daily revenue, with just 12% of Ethereum's fees Ethereum, Uniswap, Binance Smart Chain, and Aave are all beating out Bitcoin by daily fee revenue.
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Crypto in the UAE: TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency On photo left to right: Saif Al Mansouri – CEO TRES OTC DMCC; Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC; Dmitry Krasnogor – Managing Director TRES OTC DMCC; Antony Katin – CEO SIM...
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Why Three Tech Behemoths Are Vying to Test Korea's CBDC South Korean tech giants have lodged three bids to become the first private firms ever to pilot the Bank of Korea (BOK)'s central bank digital currency (CBDC) prototype. As previously reported, the BOK will pick a winner...
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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.” All...
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CCP Driving Chinese Regions to Make Blockchain Progress - Report Xi Jinping. Source: a video screenshot, Youtube, VICE News China's blockchain technology ambitions may be even greater than once thought - with a media outlet claiming to have seen evidence of the Chinese Communist Party...
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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...
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MakerDAO Decentralizes, New Crypto Investments + More News Source: Adobe/Сергей Шиманович Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. ____ Decentralization ...
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FTX Confirms Its Mega Raise As Investors Bet on Crypto Future Sam Bankman-Fried, CEO of FTX. Source: A video screenshot, Youtube/FTX Official As expected, two-year-old major crypto derivatives exchange FTX was valued almost 20 times more in a recent investment round, one of the lar...
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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 t...
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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 beg...
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New EU proposal looks to tighten regulations for sending cryptocurrency The European Commission looks to block large, anonymous transfers of cryptocurrency in an effort to limit money laundering activity.
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European Commission Targets 'Crypto Wallets' And Citizens' Privacy The European Commission (EC) announced "an ambitious package" of legislative proposals that would decrease the privacy of the EU citizens if implemented. "Today's measures greatly enhance the existing EU framework by tak...
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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 cryp...
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Mastercard To Use Stablecoins In a Simplified Crypto Payments Card Offering Source: Adobe/Игорь "о овн'в Payments giant Mastercard announced an enhanced card program for cryptocurrency wallets and exchanges that aims to make it easier for partners to convert cryptocurrency to fiat curr...
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After Three Years, Circle Reveals USDC Reserves

Crypto News - 20 Jul 2021 16:03
After Three Years, Circle Reveals USDC Reserves It took nearly three years for US-based crypto company Circle, the issuer of major stablecoin USD Coin (USDC), that is preparing to go public, to finally reveal how this token is backed. In their latest attestation repor...
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Bitcoin erases 2021 gains as BTC price falls to 'biggest bid ever' on Binance BTC is back at square one when it comes to this year's bull market, but unparalleled bids are doing their best to halt any further losses.
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NFT Market Gets A USD 100M Boost As OpenSea Turns Into Unicorn New York-based non-fungible token (NFT) marketplace OpenSea said it raised USD 100m, valuing the company at USD 1.5bn and bringing more capital to fuel NFT adoption. The investment round, that followed a USD 23m Series A...
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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 existe...
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EtherLite (ETL) Token Is Now Listed on Bitcoin.com Exchange 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 borderles...
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Stock-to-flow model possibly invalidated as Bitcoin price loses $30K Plan B's stock-to-flow model is the closest it's ever been to being invalidated as Bitcoin stagnates in the $30,000 range.
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Bitcoin Keeps Outperforming As Crypto Market Ruled By Bears Bitcoin price extended its decline and it broke the USD 30,000 support zone. BTC broke the USD 29,500 level and it remains at a risk of more downsides. It is currently (12:11 UTC) trading well below USD 30,000 and it mig...
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Crypto is an 'untested asset category,' says UBS CEO Ralph Hamers The UBS chief said the bank continues to urge caution when it comes to crypto exposure for its clients.
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