Bitcoin miners are treading water, but no alarms of a 'total firesale'

Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements. 207 Total views 1 Total shares The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is…

English Premiere Leage football club Manchester City (Man City) has announced a partnership with South Korean blockchain football gaming startup Superbloke.Fans can support players through blockchainUnder the partnership announced by Man City on Aug. 26, Superbloke incorporates the club’s players into its blockchain-powered soccer game FC Superstars enabling fans to support the athletes through online…

Cryptocurrency exchange and wallet service Bittrex has announced plans to launch U.S. dollar (USD) trading pairs for two new cryptocurrencies, according to an official announcement published August 8. Per the announcement, Bittrex is looking to expand its fiat markets to Ethereum Classic (ETC) and Ripple (XRP) on August 20. The new trading pairs will be…

Russian mining and smelting giant Nornickel has commenced testing its digital platform for metals trading.As Bloomberg reported on Dec. 5, Nornickel began trialing its platform for digital metal tokens in collaboration with physical commodities trading group Trafigura Group Ltd., metals finance and logistics firm Traxys SA and materials technology and recycling group Umicore SA. Specifically,…

The Agency for Access to Public Information in Argentina was the latest government body to investigate Worldcoin, with reports suggesting probes in Germany, France and Kenya. 53 Total views 1 Total shares Authorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns.In an Aug. 8 announcement, Argentina’s Agency…

A recent run-down in Bitcoin (BTC) price from about $65,000 to as low as $30,000 did not force long-term holders into selling, Glassnode data shows.The on-chain analytics platform revealed a spike in Bitcoin reserves held in wallets with lower unspent output just as the BTC/USD's bids were crashing. Meanwhile, the data also shows a Bitcoin…

BTC price retracing deeper than $25,000 is "possible," analysis warns, with $28,300 the line in the sand for Bitcoin bulls. 168 Total views 1 Total shares Bitcoin (BTC) stayed static at the July 31 Wall Street open as analysis warned that the net was closing in for bulls.BTC/USD 1-hour chart. Source: TradingView$28,300 "last line of…

Analysts have long decried the European Union’s lack of homegrown tech giants, pointing to the gulf between the bloc and counterparts like the United States and China. However, the EU now appears to be making moves to up its investments in innovative technologies. The European Investment Fund (EIF), the EU agency responsible for SME financing, has…