Crypto.com to launch Mastercard-powered card in Bahrain
The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.
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Germany Unveils New Plan to Block Private ‘Parallel Currencies’: Libra
Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty.Reuters reported on Sept. 18 that Chancellor Angela Merkel’s cabinet passed the strategy earlier today, in an apparent bid to mitigate the risks posed by the forthcoming Libra cryptocurrency from social media giant Facebook.We will not…

Ultimate Bitcoin bull case: trader says 23 factors show a rally is due
A pseudonymous Bitcoin (BTC) trader outlined 23 key technical and fundamental factors that could buoy BTC’s medium-term bull case.The data points shared by the trader, known as “Byzantine General,” fit into four major themes. They are a less overheated market, a neutralizing futures market, less leveraged traders and strengthening fundamentals.The Bitcoin futures market is neutralizingSince…

RFK Jr’s running mate floats ‘unity party’ with former President Trump
Nicole Shanahan claimed that 51% of Americans were against the two-party system dominating modern United States politics.

Bitcoin price risks ‘major volatility’ as 10K BTC hits exchanges
Bitcoin (BTC) returned to exchanges en masse on July 27 in a sign that “major volatility” could come next.According to data from on-chain analytics firm Glassnode, intraday BTC exchange inflows have hit multi-month highs.Trader warns of BTC price volatility “spike”BTC price action continues to linger below $30,000, and traders have consistently warned that further downside…

Binance to finalize acquisition of Swipe, paving for CEO exit
The exchange acquired a majority stake in Swipe in July 2020 as part of a broader effort to advance mainstream adoption of crypto payments. 435 Total views 10 Total shares Binance, the world's largest cryptocurrency exchange, announced Thursday that it will acquire the remaining outstanding shares of Swipe, a prominent crypto Visa card provider. Users…

S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors. 221 Total views 44 Total shares Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year.The agency confirmed…

South Korea’s Telecom Giant KT Launches DLT-Powered 5G Brand to Prevent Hacks
KT Corporation, South Korea’s largest telecom firm, has launched its blockchain-powered fifth-generation (5G) network brand, local news agency The Korea Times reports on April 16.Called “GiGA Chain,” the brand intends to boost the security of Internet-of-Things (IoT) devices and to protect them from cyberattacks, the report says.As a part of the new brand, KT developed…

Ethereum gas fees reach $500K as ETH price hits a 2020-high at $486
Transaction fees on the Ethereum network have recently reached a new hourly record. According to Glassnode, an on-chain analytics firm, miners on the network earned over $500,000 in just one hour today as Ether (ETH) rallied. Currently sitting at its 2020-high of $486, Ether rallied 10% today. The spike in network activity is thought to be…