July 2021 | Page 6 of 135 | Last Cryptocurrency News Feed

Investing in Dogecoin Is Worse Than Gambling, Says Kevin O’Leary

Investing in a meme coin like Dogecoin is like putting your funds on red or black in a casino, said the popular investor – Kevin O’Leary. He went even further in a recent interview, indicating that it has no inherent value and should be classified as pure speculation. O’Leary: Dogecoin is Pure Speculation The meme…

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Coinbase Ventures backs Ethereum-based streaming network

Livepeer's $20 million Series B funding round saw participation from large VCs, including Coinbase Ventures, Coinfund, Northzone, 6th Man Ventures and Animal Ventures. This year has been foundational for the success of projects running on the Ethereum blockchain. Sharing the limelight is Livepeer, an Ethereum-based video streaming network that announced raising $20 million in a…

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Binance Halts Derivatives Products for Users in Italy, Germany, and the Netherlands

The world’s leading cryptocurrency exchange has announced that it will cease providing futures and derivatives products in three European countries. Users from the Netherlands, Italy, and Germany have three months to close their positions. According to an announcement from July 30th, customers from the aforementioned countries cannot open new futures accounts on Binance with “immediate…

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New bill proposes US Treasury to have full authority over fiat stablecoins

The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar. 221 Total views 46 Total shares A new bill introduced by United States House Democrat Don Beyer of Virginia has proposed a far-reaching regulatory and legal framework for digital assets across the board.Entitled "The Digital…

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Binance banned in Malaysia, given 14 days notice to shut down operations

The crypto exchange has been served with a notice to stop offering its services in the country. 1128 Total views 6 Total shares Malaysia is the latest regulatory theater to come after Binance as authorities in the country have accused the exchange giant of continuing to operate in the country illegally.According to an announcement released on Friday,…

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Crypto-friendly app Robinhood loses 8% in public Nasdaq debut

Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut. 366 Total views 4 Total shares Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on Thursday, marking one of the worst initial public offering…

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Binance to shut down crypto derivatives trading in Europe

Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands. 2817 Total views 6 Total shares Troubled global cryptocurrency exchange Binance continues moving fast in curbing services to respond to the ongoing regulatory scrutiny worldwide, partly shutting down derivatives trading.Binance officially announced Friday that it would suspend its derivatives trading across…

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New York Knicks Partners With Sweet to Launch Limited Edition 3D NFTs

Sweet, an enterprise NFT solutions provider, has recently partnered with the American professional basketball team, New York Knickerbockers, popularly known as the New York Knicks, to create a limited edition NFT pack. According to the official announcement, the New York Knicks will be commemorating the 2020–2021 basketball season with a collection of 5 Limited Edition…

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Bitcoin OTC desks buzz as analyst warns big players ‘want your Bitcoin’

There's no shortage of demand for Bitcoin at current prices, but volatility to the downside is back on Friday. 482 Total views 4 Total shares 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 LeClair, co-founder of analytics and advisory firm…

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We have to be in the crypto space, Mastercard CEO says

Traditional card networks are vying to ensure their services remain at the center of new developments in digital assets, whether they be central bank digital currencies or private sector stablecoins.In an earnings call on July 29, Mastercard CEO Michael Miebach discussed recent developments in crypto and CBDCs, making the pitch that the company was well-positioned to…