Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. At the same time, the Department of Justice announced an indictment for money laundering against the same two individuals.Their activity is linked to Lazarus Group, a…

During his stream, Elon Musk said that X has plans to integrate streaming services with Xbox and PS5, but has no plans of trying to be better than specialised streaming platforms. 99 Total views 2 Total shares X, formerly Twitter, has made another step toward becoming an “everything app” after Elon Musk tested out video

Binance Card, a highly anticipated crypto debit card by Binance, will support four cryptocurrencies at launch. Binance’s highly-anticipated cryptocurrency debit card, Binance Card, is officially debuting in countries of the European Economic Area, or EEA.Binance told Cointelegraph on July 14 that EEA-based users will be able to apply for a Binance Card starting in August.…

A Binance promotion post by soccer legend Andrés Iniesta has so far amassed over 270,000 likes on Instagram. 560 Total views 25 Total shares A major financial regulator in Spain has put out a warning regarding soccer star Andrés Iniesta for promoting major cryptocurrency exchange Binance.Iniesta, a prolific midfielder who has played for Barcelona and…

Bitcoin price is offsetting Mt. Gox fears with favorable macroeconomic factors, yet some analysts forecast a potential drop below $50,000 in the coming weeks.

Previously, the Austrian company has obtained licenses in France, Italy, Sweden and Czech Republic. 321 Total views 5 Total shares Bitpanda, an Austrian cryptocurrency exchange that was valued at $4.1 billion last summer, have received registration as a virtual currency exchange and digital asset custody service provider in Spain. The company’s name appeared in the Bank…

The crypto options market has been evolving rapidly over the second quarter of 2020. According to TokenInsight’s recent crypto derivatives industry report, trading volumes are seeing a 166% year-on-year increase compared to Q2 2019. The derivative products driving these volumes are futures and options. While futures grow with traders betting on a bullish price sentiment, both…

Polygon (MATIC) had a promising July, gaining an impressive 83% in 30 days. The smart contract platform uses layer-2 scaling and aims to become an essential Web3 infrastructure solution. However, investors question whether the recovery is sustainable, considering lackluster deposits and active addresses data.MATIC/USD on FTX. Source: TradingViewAccording to Cointelegraph, Polygon rallied after being selected…

XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year. In the ongoing legal dispute between Coinbase Global Inc. and the U.S. Securities and Exchange Commission (SEC), the XRP holder’s lawyer, John Deaton, has accused the SEC’s