Bitcoin price bounces 4% as triple ‘death cross’ sparks sub-$50K warning

Huobi Group is setting up a trust company in Nevada after closing down the U.S. subsidiary in 2019 302 Total views 2 Total shares Huobi Group, the company behind major global crypto exchange Huobi, is apparently planning to return to the United States with a new license secured from local regulators.After ceasing operations in the…

Venezuela has announced a 90-day trial for a decentralized stock exchange supporting “alternative digital assets” and fiat currencies. Venezuela’s National Securities Superintendency has given the go-ahead for a 90-day pilot of a crypto-powered “decentralized stock exchange” in the country that aims to have a global reach despite international sanctions. Cointelegraph Espanol reports that news of the…

The Web3 developer program received interest from over 1,000 projects but only 15 were selected for Cohort 0. 144 Total views 1 Total shares Own this piece of history Collect this article as an NFTWeb3 accelerator Beacon has wrapped up its first cohort with 13 graduating companies and has provided a venue for project founders…

All unlicensed crypto exchanges have been kicked out of Hong Kong.

Blockchain consortium R3’s trade finance platform Marco Polo has completed its first real transactions, a press release from Commerzbank, one of the participants, confirmed on March 28.Marco Polo, which is built on R3 enterprise blockchain platform Corda, successfully facilitated a trade between Germany and China, involving two German firms.Tech group Voith and pump manufacturer KSB…

Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS. 347 Total views 16 Total shares Gas fees on Ethereum layer-2 Polygon (MATIC) surged more than 1,000% to reach a peak of $0.10 as users inundated the network with the minting of Ordinals-inspired

Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year. 401 Total views 10 Total shares Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time.Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto…

Chinese authorities arrested fifteen men suspected of corrupting an internet café administrator to mine cryptocurrency.Local crypto industry news outlet 8BTC reported on Sept. 3 that police in Henyang, a city in south central China’s Hunan province, arrested the man for cryptojacking. Over 9,000 computer administrators were reportedly involved in helping the unauthorized mining operation.A profitable…

Lowest price forward claims that after August this year, Bitcoin will never trade below five figures again. 2631 Total views 31 Total shares Bitcoin (BTC) will never cost less than $10,000 again after August this year — according to a price indicator gaining popularity among investors.In a tweet on June 2, Timothy Peterson of asset…