Category: Blockchain

After testing the $40K waters, Bitcoin (BTC) retraced to the $37K level as the top cryptocurrency shed some steam. BTC was down by 2.23% in the last 24 hours to hit $37.755 during intraday trading, according to CoinMarketCap.  On the other hand, Rafael Schultze-Kraft, Glassnode’s co-founder and CTO, disclosed that 6 million or 33% of

Spain’s main leading opposition party, also known as the Partido Popular (PP), proposed a bill allowing cryptocurrency to pay for mortgage loans. The specific bill would also establish a National Crypto Assets Committee focusing on developing the entire country of Spain using blockchain technology and cryptocurrency, despite allowing the public to use cryptocurrency to repay mortgage

Blockchain data platform Chiainalysis published a report Wednesday, indicating China remains one of the largest cryptocurrency markets worldwide. Per the report, addresses estimated to be controlled by users in China for the first six months this year have received over $150 million worth of crypto, around one-third, compared to the U.S that China comes second

Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC), has requested Congress to grant it more power to oversee the ever-evolving digital currency ecosystem.  Per a CNBC report, Gensler made this known as the Aspen Security Forum held on Tuesday, saying the SEC will always exercise its “authorities as far as they

Ethereum (ETH) continues getting a keen eye as crowd awareness, and interest rose substantially after the second-largest cryptocurrency crossed above $2,500, as acknowledged by crypto analytic firm Santiment.   The recent price surge in the crypto market made ETH’s price surge past $2,600 following months of consolidation, given that low volatility had become the norm. Ethereum

The entire Ethereum and cryptocurrency ecosystem are gearing up for the long-awaited EIP 1559 upgrade (London Hardfork) set to go live on August 5. The potential upgrade amongst the broader changes it is set to usher in is similarly billed to make the two gas tokens GST2 and CHI useless. Unveiled by the 1inch Network,

FTX CEO Sam Bankman-Fried revealed he spends five hours a day to deal with regulatory and licensing of cryptocurrencies issues, according to a CNBC report Monday. Speaking at a recorded interview with CNBC on-air Monday. The 29-year-old billionaire said the company is “applying for licenses in several jurisdictions right now”, spending time to deal with

Atlanta-based leading enterprise technology provider NCR Corporation in Georgia State announced on August 2 the acquisition of cryptocurrency software provider & cryptocurrency ATM provider LibertyX. The acquisition aims to integrate the LibertyX mobile application so that customers of NCR Corporation such as banks, retailers, and restaurants will soon be able to use digital currency to pay and purchase or withdraw

This week, the crypto industry is lobbying hard against language in the infrastructure bill proposal that could adversely affect huge amounts of funds generated in the cryptocurrency sector. The language in the bill would require cryptocurrency brokers to report customer information to the IRS (Internal Revenue Service) government agency. On Friday, bill broadened the definition

CoinJar, a cryptocurrency exchange from Australia, cooperated with the global payment giant MasterCard to launch Australia’s first cryptocurrency MasterCard CoinJar Card. According to the official announcement of CoinJar today, the new digital asset card supports 30 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Two versions of the CoinJar digital card and a physical