CRYPTOCURRENCIES news

Bitcoin Bull Mike Novogratz Says to Hold More Gold Than Bitcoin

Bitcoin Entrepreneur Brock Pierce Joins the 2020 US Presidential Election

Bitcoin Entrepreneur Brock Pierce Joins the 2020 US Presidential Election

Blockchain entrepreneur and former Disney child actor, Brock Pierce, is running for President of the United States this election. Pierce announced he was running during America’s Independence Day celebration on July 4, the same day Kanye West revealed his candidacy. … read more.

700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala

700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala

More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its … read more.

The Tokenized Metaverse: Non-Fungible Token Sales to Surpass $100 Million

On July 1, 2020, the partner of Polynexus Capital, Andrew Steinwold, detailed that the sales of blockchain-powered non-fungible tokens (NFTs) are about to cross the $100 million mark. The popularity of NFTs has grown massive since 2017, as blockchain cards, … read more.

Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off

Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off

The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility. The data analytics firm says that bitcoin (BTC) realized volatility hit 20% over the past 10 days – it’s … read more.

European Blockchain Ecosystem Needs €350 Million for the Next 18 Months

European Blockchain Ecosystem Needs €350 Million for the Next 18 Months

A study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerating growth of the European blockchain ecosystem.The findings of the Leadblock Partners study suggest European respondents have a funding need for €350 million for the … read more.

Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020

Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020

Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments … read more.

South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt

South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt

A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states. Willie Breedt is the CEO of the defunct Vaultage … read more.

Encryption Crackdown: Private Phone Network With 60,000 Users Dismantled by Law Enforcement

Encryption Crackdown: Private Phone Network With 60,000 Users Dismantled by Law Enforcement

An international law enforcement team has brought down an encrypted phone network with 60,000 users worldwide. The platform was one of the largest providers of encrypted communications, widely used by organized crime groups. UK’s National Crime Agency (NCA), Europol, Eurojust, … read more.

Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features

Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features

With over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the … read more.

Tiktok Ban: US May Join India in Banning Chinese Social Media Apps

Tiktok Ban: US May Join India in Banning Chinese Social Media Apps

The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. India has already banned Tiktok in its country, along with 58 other mobile apps. Recently, a Tiktok video about … read more.

Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions

Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions

A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people … read more.

The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network

The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network

The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing … read more.

Bitcoin Price Poised for 'Imminent' Breakout As Network Hashrate Hits Record Highs

Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs

The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. Meanwhile, the BTC network hashrate has … read more.

Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction

The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute … read more.

Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue

Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue

Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA).An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an alternative to … read more.

Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks' Customers

Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks’ Customers

Leading Indian IT company, Tata Consultancy Services (TCS), is launching a cryptocurrency trading solution for banks to allow their customers to invest in cryptocurrencies. TCS is part of the Tata group, India’s largest multinational business group, and is listed on … read more.