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Bitcoin
Do crypto ATMs make buying BTC easier for the mainstream?
Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a…
Crypto population doubled to over 200M users since January, report says
Cryptocurrency adoption has seen an accelerated growth this year, with the global crypto population doubling since January, according to a new report.Major digital…
Bitcoin OTC desks buzz as analyst warns big players ‘want your Bitcoin’
Bitcoin (BTC) is being aggressively bought up by institutional entities this week as data shows over-the-counter (OTC) trading volumes spiking.As noted by Dylan…
$25B investment firm adds ‘riskier’ Grayscale GBTC and ETHE for clients
Bitcoin (BTC) and Ether (ETH) exposure has come to one of the world's biggest automated investment firms.In a blog post on July 29, Wealthfront, which has $25…
A trade war misstep? China is vacating crypto battlefield to US banks
At the same time that China has declared war on cryptocurrencies, giant American banks appear to be embracing crypto — evident the final week of July with the news…
Bitcoin traders express mixed emotions about what’s next for BTC price
The rumor that Amazon would accept cryptocurrency payments sparked a wave of bullish enthusiasm across the crypto market earlier in the week but now this sentiment…
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Crypto recovers, disasters strike, and China’s crackdown moves to other sectors –…
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes…
IMF intends to ‘ramp up’ digital currency monitoring
The International Monetary Fund, or IMF, plans to “step up” its monitoring of digital currencies, according to a report by Reuters. This intent, as published in an…
Bitcoin struggles at $40K after ‘most confusing’ Jerome Powell press conference
Bitcoin (BTC) rose above $40,000 on Thursday, a day after the Federal Reserve hinted that it was getting nearer to unwind its asset purchasing program that has…
Unique Bitcoin-backed home loan refinancing deal in California
One of Southern California's largest independent escrow companies, Glen Oaks Escrow, has announced its first property refinancing with a Bitcoin-backed loan.The…
Ghana’s vice president declares Africa should embrace digital currencies
Ghana's vice president Dr. Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the continent.As…
Blockfolio rides off into the sunset, but it’s a new dawn for FTX App
The Blockfolio brand is no more: One of the first genuine product brands in the cryptocurrency space, the mobile app that started life as a portfolio tracker — and…
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Bitcoin price is returning to $40K — But will shorts have their revenge?
Bitcoin (BTC) returned to $40,000 on Wednesday as bulls and bears waged a tug-of-war for hard-won higher ground.BTC/USD 1-hour candle chart (Bitstamp). Source:…
Bitcoin tries to break $40K second time in two days
Bitcoin’s (BTC) volatility made the headlines again after the original cryptocurrency briefly reclaimed its $40,000 mark before going back to $39,000 levels. Coming…
Kazakhstan to reportedly allow banks to process crypto purchases
The government of Kazakhstan is reportedly planning to officially authorize local banking institutions to open bank accounts for cryptocurrency transactions.Several…
Inside El Salvador’s Bitcoin experiment: Cointelegraph video report
Last month, Bitcoin was adopted as legal tender in El Salvador, joining the U.S. dollar.The country's new Bitcoin Law, which will be enforced starting Sept. 7, will…
GBTC premium matches Bitcoin price crash levels as unlocking fear fades
The Grayscale Bitcoin Trust (GBTC) is echoing bullish sentiment in Bitcoin (BTC) as its premium over spot price rises to its highest since May.Data from analytics…
Institutions continue offloading BTC exposure despite price rebound
Investments in institutional Bitcoin products have continued to decline this past week.In its July 26 Digital Asset Fund Flows report, CoinShares notes institutional…
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Bitcoin hits $40K after a 6-week absence, but on-chain activity is ‘somewhat…
Bitcoin (BTC) touched $40,370 on July 26 as a solid day of gains saw the return of a major price milestone. BTC/USD 1-minute candle chart (Bitstamp). Source:…
How crypto can modernize the world of lending
Lending has been around in some form for thousands of years — dating back to ancient civilizations where farmers would borrow seeds and use crops as repayment.The…