Category: Blockchain

Bitcoin (BTC) has ranged between the $30K and $40K zone for more than two months. The leading cryptocurrency has shown itself in this territory after it nosedived from an all-time high (ATH) of $64.8K recorded in mid-April. Bitcoin’s price stood at $34,801 during intraday trading, according to CoinMarketCap. Santiment acknowledged that Bitcoin traders were on

Elwood Technologies, the cryptocurrency company of hedge fund giant Allen Howard, sold its ETF index to CoinShares for $17 million. According to the announcement from Coinshares Tuesday, the acquisition will be settled by equity swap and expecting to be completed this week. CoinShares, Europe’s largest digital asset investment company under the management of one billion assets, will issue

U.S. Congressman Barry Moore revealed a series of cryptocurrencies purchases in recent months, citing multiple sources. A new filing has been submitted to the House of Representatives recently. The Republican Alabama politician revealed part of trading conducted in recent months by purchasing various cryptocurrencies, including an estimated $1,000- 15,000 in dogecoin (DOGE) in June, $15,000

Two financial regulatory authorities in China have intensified measures to crackdown activities associated with cryptocurrency-related businesses. The Beijing Financial Supervision and Administration Bureau and the Business Administration Department of People’s Bank of China (PBoC) have ordered the shutdown of a Beijing software manufacturing company over its suspected involvement in crypto trading. The Business Administration Department

Twitter and Instagram reportedly develop non-fungible tokens (NFT) feature on its app, a mobile developer reveals. Mobile developer Alessandro Paluzzi released his findings on Twitter Monday, demonstrating potential updates and saying, “Twitter is working to support two new services”, including Chipper Cash and Wealthsimple, but without further elaborations. Last month, Paluzzi indicated that Instagram is working

UK’s Barclays bank has suspended debit and credit card payments to Binance cryptocurrency exchange, claiming that it reached such a decision after obtaining notice from the financial services regulator. Barclays, the London-based financial institution, sent text messages on Monday, July 5, to its customers informing them about the announcement. “As you’ve made a payment to Binance

Bitcoin was up by 1.04% and trading at $34,716 over the last 24 hours. The leading cryptocurrency with a trading volume of $26,216,108,824, and its market capitalization stands at $651,330,922,635. Over the weekend, buyers were active and supported a near 6% price up that stalled near the $36,00 resistance level. However, that seems to have changed

Scottish professional tennis player Andrew Barron Murray’s 2013 Wimbledon championship moment non-fungible token (NFT) has been sold for $177,777 at the WEENEW auction on Monday, according to the Reuters report. The buyer who purchase Murray’s Wimbledon “moment” NFT reportedly will not own the copyright of this video but will have a small electronic screen showing two tickets

IBC Group announced to terminate their crypto mining operation and facilities across China in response to the recent clampdown from the Chinese authorities.  The company has conducted massive Ethereum and Bitcoin mining operations across China and has employed over 1500 people in over 40 cities across the nation. Meanwhile, the group with investments in more

Decentralized trading platform PancakeSwap’s native token Cake burned 5,300,000 cake tokens at a total price of $72 million on Monday. Cake’s transaction price subsequently increased by 11.63%, which is the largest daily increase since June 23. Mainstream currencies do not experience a powerful positive stimulus amid the overall cryptocurrency market downturn. This decentralized finance token is undoubtedly