Bitcoin price dip below $60K sparks most exchange buying since 2022
Bitcoin exchanges see mass withdrawals amid a battle for BTC price support at $60,000.
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Russia’s Biggest Bank Considers Launching its Own Stablecoin
Shortly after Russia’s President Vladimir Putin signed the country’s recent cryptocurrency law, the country’s largest bank voiced its considerations. Sberbank, a state-owned company and the largest bank in Russia, is considering the possibility of issuing its own token, according to its key executives.Sergey Popov, Director of the transaction business at Sberbank, says that Russia’s banking…
Crypto News From Japan: Sept. 22–29
In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, Bitflyer adds the Ether (ETH)/yen pair to its trading platform, the official website Ethereum.org adds a Japanese language version, while Monex CEO Oki Matsumoto says that Facebook opened Pandora’s box with its stablecoin project, Libra.Here is the past week of cryptocurrency and blockchain news…
British authorities split on banning sale of crypto investment products
Policymakers in the United Kingdom are divided on whether the sale, marketing and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned. 357 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe policy decision-makers in the United Kingdom are divided on whether the sale, marketing,…
There Are Now More Than 5,000 Bitcoin ATMs Around the World
The total number of bitcoin ATMs (BTMs) worldwide reached 5,000 for the first time, monitoring resource CoinATMRadar confirmed on June 24.According to the latest statistics, there are now 5,006 standalone BTMs in around 90 countries, where cryptocurrency users can buy or sell bitcoin (BTC). Some machines offer both services simultaneously. The data caps a protracted period…
Blockstack’s CEO looks to build a new framework for crypto securities
You could argue that the crypto industry should be crowdsourcing Blockstack’s legal expenses. Blockstack’s trailblazing work with the Securities and Exchange Commission on the initial coin offering (ICO) for its native Stacks (STX) tokens made headlines in mid-2019. On Monday, Cointelegraph reported on Blockstack’s legal analysis that said that upon the launch of its 2.0 network…
Bitcoin faces ‘endless spot selling’ as BTC price dips below $28.7K
Bitcoin (BTC) fell below $28,700 after the Aug. 7 Wall Street open as “endless spot selling” drove BTC price action lower.BTC/USD 1-hour chart. Source: TradingViewBitcoin traders brace for losses as $29,000 support breaksData from Cointelegraph Markets Pro and TradingView showed BTC/USD returning nearer to its August lows after a shaky weekly close.The start of United…
NBA Star Wants Fans to Buy His Contract for $24.6M… Because Bitcoin?
Spencer Dinwiddie has launched a crowdfunding campaign in a bid to sell his NBA contract to his fans for the cash equivalent of 2,625.8 BTC. 1920 Total views 48 Total shares The latest development in pro basketballer Spencer Dinwiddie’s efforts to tokenize his NBA contract has seen the star launch a Gofundme campaign in an…
Record fundamentals and a $12K pump: 5 Bitcoin price tips this week
Bitcoin (BTC) starts a new week in familiar territory as markets move into the United States’ 2020 elections — where could it go next?Cointelegraph takes a look at five factors that could influence BTC price action in the week ahead.U.S. macro: Elections vs. stimulusThe U.S. is the firm focal point when it comes to macro…