BNB DApp volumes down 25% in a week — Will BNB price follow?
BNB price staged a mild recovery, but could lackluster network activity and less-than-stellar Binance launchpad results put a cap on the gains?
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Denmark orders Saxo Bank to erase cryptocurrency holdings
Financial regulators in Denmark are coming after cryptocurrency service providers, declaring that local banks are not allowed to hold cryptocurrency to hedge against trading risks.On July 4, the Danish Financial Supervisory Authority (DFSA) officially ordered the local investment bank Saxo bank to dispose of its own holdings in crypto.The regulator said that Saxo Bank’s crypto…
China Controls 50% of Bitcoin Mining While US Hits 14% — New Survey
China controls much less Bitcoin (BTC) mining power than people think, according to a new survey.Released on July 16 by asset manager Fidelity and crypto research firm BitOoda, the survey reveals that China is actually responsible for around 50% of Bitcoin mining — not 65%.Much Chinese Bitcoin mining capacity “unaccounted for”Analysts used what they describe…
Seven common mistakes crypto investors and traders make
Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.Cryptocurrencies were designed to operate in a decentralized manner.…
Insurance Broker Marsh Pilots Blockchain-Based Digital Placement Platform
Leading insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform.Per a Sept. 24 press release, the Risk Exchange platform aims to ensure a more transparent and secure digital placement and enables users to receive real-time information and feedback on the placement and binding process.Insurance placement is the purchase of an…
Report: Driven by DeFi, North America’s crypto volume increased 1,000% year-over-year
Chainalysis said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000. 398 Total views 2 Total shares Digital analytics firm Chainalysis reported that the growth in North America’s crypto market has been driven by the rise in popularity of decentralized finance.In its 2021 Geography of Cryptocurrency…
SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekNew data hints why Bitcoin price action has spent two months at…
What is really behind El Salvador’s ‘Bitcoin Law’? Experts answer
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Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify
Global regulatory landscapes are once again proving to be a turning point for crypto companies, demanding constant adaptation to navigate shallow regulatory waters across the world, particularly in the United States.In the latest developments, Coinbase and Circle decided to dissolve the Centre Consortium in a strategic realignment driven by demand for regulatory clarity on stablecoins,…