Bitmain co-founder and former CEO Wu Jihan launched his crypto-related financial services startup Matrixport today. The former CEO of Bitmain, one of the largest bitcoin (BTC) mining pools globally, has launched a crypto-related financial services startup, according to a Bloomberg report on July 8. Following reports on the initiative in early June, Bitmain co-founder and […]
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Chinese police surrounded the Tron’s office in Beijing, as people came to express outrage at a scam going under a Tron-like name. The Tron office in Beijing has been surrounded by police as a crowd gathered to protest against a Chinese ponzi scheme that went under a Tron-like name, Twitter personality Crypto Authority reports on […]
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Trading volume on Finnish peer-to-peer bitcoin exchange platform LocalBitcoins hit the highest level since November 2018. Trading volume on Finnish peer-to-peer (P2P) bitcoin (BTC) exchange Localbitcoins hit a high not seen since November 2018, reveals data shown on cryptocurrency analytics website CoinDance. According to data from CoinDance, LocalBitcoins global weekly bitcoin trading volume hit $65.6 […]
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Deputy governor for new technologies at the Central Bank of Iran said that buying and selling bitcoin is illegal in the country. Buying and selling cryptocurrencies like bitcoin (BTC) is illegal in Iran, a senior government official declared, according to a report by local news agency Tasnim News on July 8. Nasser Hakimi, deputy governor […]
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Bitfinex reached $12,040 in Monday trading, despite analysts agreeing lower prices should appear. Bitcoin price (BTC) reached $12,000 on some exchanges on July 8 after a fresh uptick saw daily gains top another 6%. Market visualization courtesy of Coin360 Data showed BTC/USD just hit its latest significant psychological level in trading at press time, having […]
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sponsored What if you could create and manage your own crypto fund with just a few clicks? Now, a company wants to bring that functionality to everyone. Crypto funds act as a “basket” of different digital assets and can offer a variety of benefits over purchasing individual coins, such as ease of management and the […]
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Deutsche Bank winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for bitcoin and crypto. Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto. […]
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A new interview revealed a U-turn in sentiment on bitcoin from the asset management veteran, who previously claimed it had no value. Bitcoin (BTC) could win over veteran investor Mark Mobius if its current bull run continues, he told Bloomberg on July 7. Speaking in an interview on Bloomberg TV, Mobius, who has previously delivered […]
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South American social networking giant Taringa! is launching a stablecoin-powered points system for its 27 million users. Latin American social networking giant Taringa! has partnered with MakerDAO and e-wallet provider Airtm to launch a stablecoin-powered points system for its 27 million strong user base. According to an official Taringa! news release published on July 7, […]
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A major retracement or hardly any retracement at all are both viable options, say forecasts, as $11,000 BTC price remains intact. Bitcoin price (BTC) closed just below weekly resistance to start this week on a more bearish note, but still held support above $11,000 on July 8. Market visualization courtesy of Coin360 Data from Coin360 […]
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