Choke Point 2.0 is hurting Kamala Harris' 'crypto reset'
Kamala Harris has given cryptocurrency fans little to be hopeful about — despite some of the milquetoast rhetoric from her supporters.
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Bitcoin at $62K ‘great buy’ before next surge, says fund manager
Consolidation after fresh all-time highs means now is the time to buy BTC in “wildly bullish” conditions, argues Vailshire Capital. 2179 Total views 22 Total shares Bitcoin (BTC) looked set to retest previous all-time highs on Thursday as a fund manager called it a “great opportunity to buy.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCointelegraph Markets…
Price analysis 7/6: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
The weekend rally in cryptocurrencies was led by Bitcoin (BTC) but this move was not supported by huge trading volumes. According to on-chain analysts at CryptoQuant, the low trading volume suggests that “whales are staying low without much action.”However, Bitcoin has successfully held the $30,000 support for two weeks, which suggests that accumulation is taking…
Despite Ban, China Keeps Trading Cryptocurrency Thanks to Tether and VPNs, Says Report
Chinese traders are using virtual private networks (VPNs) as a major tool to circumvent the ongoing government crackdown on cryptocurrency trading, local media outlet South China Morning Post (SCMP) reported September 8.According to SCMP, referencing reports from Beijing-affiliated Shanghai Securities Times, traders have begun leveraging stablecoin Tether (USDT) as a means of entering and exiting…
US Missoula County Considers Requiring Crypto Miners to Use Renewable Energy
The official website of the United States Missoula County in Montana reports that the country commissioners have discussed regulation of cryptocurrency mining on March 14.The county website contains two drafts, one being the Cryptocurrency Mining Resolution and the other one the Cryptocurrency Mining Zoning Overlay District Regulations. The county’s commissioners will hold a public hearing…
Commerzbank Makes Milestone Blockchain Trade With Logistics Provider
Commerzbank and Landesbank Baden-Württemberg (LBBW) have completed another milestone trade on the Marco Polo platform. As reported Aug. 15, on this occasion, logistics provider Logwin AG was integrated into the digital process chain, digitally and in real time.Same same but differentAs with an earlier transaction, the trade took place between German supplier, KSB, and Taiwanese…
Altcoin roundup: Crypto credit cards could be the missing link to mass adoption
Out of the many routes available to the mass adoption of cryptocurrencies, which includes decentralized finance (DeFi), layer-one protocols, nonfungible tokens and stablecoins, perhaps the simplest and most applicable path for the public at large is the ability to utilize cryptocurrency for everyday purchases with an integrated debit or credit card.2021 has seen a growing…
Cryptocurrency’s latest use case: Music production?
Influencers Estefannie and LOOK MUM NO COMPUTER collaborate to produce music based on crypto's market fluctuation A recent collaboration between two prominent social influencers has resulted in a device that creates sounds (or music) based on cryptocurrency’s infamous price volatility. In what has been termed as the collaboration of the century, Estefannie and LOOK MUM…
3 reasons why Bitcoin bulls are well positioned to profit from this week’s $4.2B options expiry
Regulation continues to be the primary concern for Bitcoin bulls, especially after the Commodity Futures Trading Commission (CFTC) sued Binance for trading and derivatives law violations. The regulator wants Binance to repay the trading profits, revenues, salaries, commissions, loans and fees it received from US citizens, as well as paying civil penalties for the violations.The…