July 2019 | Page 7 of 160 | Last Cryptocurrency News Feed

Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala

news Germany-based blockchain finance firm Bitwala has raised €13 million (almost $14.5 million) in a Series A funding round. Claiming it as the biggest equity round for a German blockchain startup, Bitwala announced Wednesday that Sony Financial Ventures and NKB Group led the raise, while existing investors Earlybird and coparion contributed half of the funding. The funds…

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UK Financial Watchdog Issues Full Guidance on Crypto Assets

news The U.K. Financial Conduct Authority (FCA) has finalized its guidance on crypto assets, clarifying which tokens fall under its jurisdiction. Most of the rules issued Wednesday were proposed in consultation paper CP19, which was released for public comment in January. As widely expected, the final guidance does not drastically alter the regulatory landscape, instead…

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Fold App Adds Bitcoin ‘Kickbacks’ for Purchases at Target, Starbucks

feature The crypto payments startup Fold, which launched a portal for buying Domino’s pizza using the Lightning Network in February, now offers cash-back rewards in bitcoin to shoppers who use the mobile app for purchases at Amazon, Uber, Starbucks, Burger King, REI, and Target, just to name a few. The in-browser app Lolli already offers…

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Crypto Markets See Second Day of Green, Bitcoin Above $9,700

Wednesday, July 31 — crypto markets are seeing widespread green, with Bitcoin (BTC) breaking back above $9,700 and many large market cap altcoins seeing solid gains of between 3 and 9% on the day.Market visualization. Source: Coin360Despite trading in a lower price range since dropping back to a four-figure price point in a recent corrections,…

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Bahrain Crypto Exchange Gets Central Bank License in Middle East First

Bahrain-based cryptocurrency exchange Rain has become the Middle East’s first exchange to receive a regulatory license.In a blog post from July 31, Rain confirmed it had received a Crypto-Asset Module (CRA) license from the Central Bank of Bahrain.The license came the same week Rain announced successful closure of a $2.5 million funding round backed by…

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Bitcoin Price Showing Bullish Signs of a Break-Up Back To The $10,000 Area? BTC Analysis

Following our previous analysis and over the past week, we can see that there was not much price action around Bitcoin. The coin is still hovering between the range of $9,400 to $9,800. However, following another bearish leg down, we saw Bitcoin got quickly bought around the $9,000 region. Looking on the daily chart, this,…

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Blockchain Insurance Group B3i Launches First Product on R3’s Corda

news B3i, a consortium startup working to use blockchain tech in the insurance industry, has launched its first product on R3’s Corda platform. Revealed Wednesday, the release of B3i’s v1.0 of its Property Catastrophe Excess of Loss Reinsurance product comes a year after the firm’s announcement that it would use Corda to build its future products.…

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1 in 5 European Crypto Holders are Women, New Report Reveals

While fresh data confirms that the crypto community continues to be male-dominated, the gender imbalance may be less extreme than previously thought.A report published by fintech firm Bitpanda and market research company GlobalWebIndex on July 31 examined a broad set of data points to glean insight into the profile of European crypto investors. One in five…

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Cryptocurrency Regulation Necessary to Keep Firms in US, Says Circle CEO

The CEO of cryptocurrency trading and investment firm Circle thinks the United States will create appropriate regulation as more companies move overseas.Speaking to Bloomberg in an interview on July 31, Jeremy Allaire highlighted ongoing tendencies for crypto market participants to move abroad as a factor motivating future regulatory policy in Washington. Allaire’s comments come in the…

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Chinese Mining Giant Becomes ‘First’ To File US IPO: Unconfirmed Report

Chinese Bitcoin mining giant Canaan Creative has allegedly filed a $200 million initial public offering (IPO) request with United States regulators. Report: Canaan ‘beats Bitmain’ to IPO filingThat was according to a report which appeared on local social media platform WeChat on July 31, which claimed the application was already sitting before the U.S. Securities and…