Loosening of inflation handling boosts Bitcoin in line with expectations that the Fed would inadvertently support safe havens with its decision. Bitcoin (BTC) spiked to $11,600 on Aug. 27 as the United States Federal Reserve committed to maintaining an average of 2% inflation. Data from Coin360 and Cointelegraph Markets showed BTC/USD jumping several hundred dollars […]
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The first regulated stablecoin in Switzerland is entering e-commerce. Galaxus, the largest online retailer in Switzerland, could start accepting payments in a stablecoin issued by local cryptocurrency bank Sygnum. According to an Aug. 27 tweet by Sygnum, the companies have just completed an electronic commerce payment using Sygnum Bank’s stablecoin known as Digital Swiss Franc […]
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Fed chair Jerome Powell will give a speech on inflation on Thursday but it may not affect the price of Bitcoin and gold, some commentators argue. The United States Federal Reserve chair Jerome Powell will give a speech on the Fed’s monetary policy in several hours. Contrary to expectations, it might not have any major […]
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Big name games and developers donate prizes to cross-promote titles while encouraging players to load test Taurion’s alpha release. Upcoming blockchain-enabled gaming experience Taurion launches its Treasure Hunt III event on Aug 28. Participants will be competing for over $10,000 in prizes, including major cryptocurrencies, in-game currencies and rare nonfungible tokens (NFTs) from a whole […]
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Stablecoin supply ratio shows much more buying power among stablecoin holders currently, with Bitcoin trailing at $11,400. Bitcoin (BTC) at $11,400 is ripe for a fresh price surge thanks to stablecoin investors buying up cheap coins, data suggests. Highlighting the latest readings from its stablecoin supply ratio (SSR) metric on Aug. 26, on-chain monitoring resource […]
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The website is still accessible through VPNs and mirrors. BestChange.ru, a major cryptocurrency website in Russia, has got blocked shortly after local lawmakers finally passed the country’s crypto legislation. An aggregator of about 400 local crypto exchange websites, BestChange.ru website was blocked by Russian telecom regulator Roskomnadzor on Aug. 26. The website is still available […]
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Riot Blockchain has purchased a further 5,100 Antminer S19 Pros, with the firm targeting an operational hashrate of 2 exahashes per second by June 2021. Nasdaq-listed Bitcoin (BTC) mining firm Riot Blockchain has announced a new purchase of 5,100 Bitmain S19 Pro Antminers, that are slated for deployment in February 2021. The new miners will […]
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CELO is up more than 50% in less than one day after Coinbase Pro listed it. Major U.S. cryptocurrency exchange, Coinbase Pro, has announced it will list the native token of blockchain platform Celo (CELO). Other Celo markets have responded enthusiastically, with the coin gaining roughly 55% over both USD and BTC over the past […]
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Leah McGrath Goodman maintains her belief that Dorian Nakamoto was the founder of Bitcoin. Leah McGrath Goodman, the Newsweek journalist who named Japanese-American man Dorian Satoshi Nakamoto as Bitcoin’s founder in 2014, is doubling down on her claim. In an Aug. 25 episode of the Pomp Podcast with Anthony Pompliano, McGrath Goodman revealed details of […]
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Mainstream finance continues piling into Bitcoin. Fidelity has filed for a Regulation D exemption with the U.S. Securities and Exchange Commission, or SEC, for a Bitcoin-based financial product. Known as the Wise Origin Bitcoin Index Fund, the product falls under the “pooled investment fund” category, according to the firm’s Form D filing, dated Aug. 26, […]
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