BTC price retests $62K as Bitcoin preps 'very high impact' month end
BTC price action is no longer getting US Bitcoin traders excited as the Coinbase Premium Index hits its lowest levels in over two months.
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California revokes BlockFi’s lending license 2 years after bankruptcy
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.

$520B state-owned Italian bank trials digital bonds on Polygon
The trial was part of an initiative set up by the European Central Bank to identify how blockchains can facilitate central bank money settlement.

Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq's Jake Rapaport. 414 Total views 7 Total shares While the United States Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin exchange-traded fund, a recent Nasdaq survey suggested that…

This year will produce gains some might call ‘shocking,’ Diginex CEO says
With Bitcoin on a dramatic price run, 2021 could be an eventful year for the crypto industry. 1516 Total views 6 Total shares Bitcoin (BTC) just recently broke through $35,000 as part of a tremendous price rally, in part the result of Bitcoin’s limited supply, according to Diginex CEO Richard Byworth. “Bitcoin is in the process…

Canadian regulator fines Binance $4.4M for AML and CFT violations
FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator.

Bitcoin Still Faces On-Chain Scaling Trouble Ahead, Decred Co-Founder Says
As Bitcoin (BTC) continues to pick up mainstream traction, the asset's blockchain scalability remains an issue, according to Decred co-founder Jake Yocom-Piatt. "There is enough demand for on-chain Bitcoin transactions during peak demand times to completely fill blocks and drive fee rates up substantially," Yocom-Piatt told Cointelegraph, noting the struggles Bitcoin's network may face during times of…

The Key to Staying Profitable When Mining Revealed by Software Startup
A company has released the beta version of its cryptocurrency mining platform – the first iteration of “simple to setup, highly automated” software that is aimed to appeal to newbies and seasoned professionals alike.Cudo Miner says its offering is a GUI miner, which in other words is a graphic frontend for its interface. Its accessible…

Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos
Andreas Antonopoulos says Bitcoin will probably never have privacy features like those in Monero. 762 Total views 11 Total shares Bitcoin educator Andreas Antonopoulos says he would like to see more privacy features on Bitcoin, but they’re unlikely to happen anytime soon.In a livestream Q&A on Antonopoulos’ YouTube channel on July 7, he said Bitcoin…