Iranian provincial police have seized individuals smuggling in 117 cryptocurrency mining machines worth over $270,000. Iranian provincial police have arrested an individual smuggling in cryptocurrency mining machines, local news agency Fars News reported on July 31. The Saveh Police Department’s Anti-Trafficking Police seized a truck allegedly carrying 117 cryptocurrency mining machines to the value of […]
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Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin broke the $10,000 mark again. Bitcoin (BTC) price climbed back above the $10,000 mark again while the top 20 are seeing mostly red on Aug. 1. Market visualization courtesy of Coin360 Bitcoin price is currently up by 1.06% […]
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Starting today, Aug. 1, entities and individuals in Brazil must report their crypto transactions with the country’s IRS. Beginning today, Aug. 1, Brazil citizens are obligated to report on their crypto transactions with the country’s Internal Revenue Service (IRS). Entities in Brazil must report on all kinds of crypto transactions As Cointelegraph Brazil reports today, […]
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The U.S. CFTC “did not yet approve” LedgerX to offer physically settled Bitcoin futures, according to new reports. The United States Commodities Futures Trading Commission (CFTC) has confirmed that LedgerX has not yet been approved by the agency to offer physically-settled Bitcoin futures, in a statement obtained by CoinDesk. Allegedly fake CFTC approval announcements As […]
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CEO of crypto merchant bank Galaxy Digital Michael Novogratz said that Beyond Meat stock price reminds him of cryptocurrencies in 2017. CEO of crypto merchant bank Galaxy Digital Michael Novogratz said that vegetarian meat startup Beyond Meat reminds him of cryptocurrencies in 2017, in an interview with CNBC published on August 1. Innovation brings speculation, […]
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Gibraltar-based crypto derivatives exchange Quedex was granted a DLT license from the Gibraltar Financial Services Commission. Gibraltar-based crypto derivatives exchange Quedex has secured a license from the Gibraltar Financial Services Commission (GFSC). Quedex claims to be the world’s first regulated crypto futures and options exchange Quedex was granted a Distributed Ledger Technology (DLT) Providers licence […]
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Former Goldman Sachs executive Raoul Pal praises the potential profit that could be made from investing in Bitcoin, even if the chances are low. Raoul Pal, a former head of equities and equities derivatives at Goldman Sachs UK office and the founder of Global Macro Investors and Real Vision Group, believes that Bitcoin (BTC) is […]
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While there are many upsides to Bitcoin’s bullish price momentum, its impact on the coin’s denomination as a currency unit may not be one of them. While there are many upsides to Bitcoin’s bullish price momentum, its impact on the coin’s denomination as a currency unit may not be one of them. As a Quartz […]
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7,850,000 bitcoins have now passed through the mining process, leaving just 3.15 million more. Bitcoin (BTC) now has 85% of its supply in circulation as of August 1, leaving just 3.15 million new coins for the next 120 years. 3.15 million bitcoins, 120 years According to data from monitoring resource Blockchain, Thursday saw Bitcoin miners […]
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Crypto exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors. Cryptocurrency exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors. A press release published on July 31 outlines that the acquisition supports Kraken’s creation of an end-to-end crypto trading and reconciliation […]
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