Bitcoin exchange reserves reach new yearly low amid $60K price retest
Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand “continues to grow.”
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China’s new AI regulations begin to take effect
The Chinese has government loosened its original guidelines for AI it released in April and scheduled them to take effect starting on Aug. 15. 155 Total views 2 Total shares China’s provisional guidelines for artificial intelligence (AI) activity and management in the country are scheduled to come into effect on Aug. 15. The regulations, which were…

Aussies buy fuel and chips with crypto across 175 fuel outlets
Commenting on the rollout, Crypto.com’s Karl Mohan tipped the adoption of an AUD-backed stablecoin as being the catalyst to make crypto payments mainstream in Australia. 237 Total views 20 Total shares Convenience store and petrol station brand On The Run (OTR) has launched crypto payment support across all 175 of its petrol stations and convenience…

North Carolina Bitcoiners set up Hurricane search and rescue operation
The Bitcoiners will focus on the “overlooked” communities in western North Carolina that have received little to no state or federal support and remain cut off from life-saving supplies.

Pakistan eyes crypto legal framework to spur foreign investors
Pakistan aims to regulate crypto to become a leader in blockchain finance and attract international investment, says Bilal Bin Saqib. Pakistan is planning to create a legal framework for crypto to try to lure international investors to the Central Asian country. “Pakistan is done sitting on the sidelines; we want to have regulatory clarity; we

BlackRock argues SEC has no grounds to treat crypto futures and spot ETFs differently
BlackRock questioned the SEC's preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and futures ETFs. 111 Total views 1 Total shares BlackRock has argued that the U.S. Securities and Exchange Commission doesn't have any legitimate reason to treat spot-crypto and crypto-futures exchange-traded fund applications differently.

Leicester City FC Renews Partnership With Crypto Investment Platform
On Aug. 2, English Premier League football club Leicester City FC announced the renewal of its partnership with multi-asset and cryptocurrency investment platform eToro. EToro’s second season with the FoxesThe Foxes’ head of partnerships Harj Hir added:“Our relationship with eToro last season was a really positive one so we’re pleased to renew the partnership and continue…

Bitcoin holds $40K over Easter but thin liquidity, ‘capitulation’ risk haunt traders
Bitcoin (BTC) chose compression over the Easter weekend, sparing nervous traders a fresh dive below $40,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDerivatives traders take no risksData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrowing range with $40,700 as its ceiling Saturday and Sunday.The pair saw little action as the holiday period began,…

Astar Network to launch smart contracts that support two virtual machines
The Astar Network team claimed that having two virtual machines is a key success factor in a budding layer-1 blockchain. 427 Total views 2 Total shares Own this piece of history Collect this article as an NFTMultichain decentralized application (DApp) protocol Astar Network will launch the second iteration of its smart contracts that supports both…