Jack Dorsey’s Block to shutter UK operations for Cash App
The app, one of the products of payments firm Block, had been operating in the United Kingdom since 2018.
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Crypto exchange FTX launches NFT marketplace for US-based customers
Crypto exchange FTX has introduced a native NFT marketplace designed to capitalize on the sector’s parabolic growth over the last year. 529 Total views 13 Total shares After witnessing the parabolic growth of the nonfungible token (NFT) ecosystem since the turn of the year, popular cryptocurrency exchange FTX has become the latest crypto platform to…

DOT over the counter? Osprey Funds set to launch Polkadot investment trust
Accredited investors will soon have over the counter access to a DOT investment trust 2936 Total views 17 Total shares In a market once dominated by a handful of BTC vehicles, there are now a growing number of products offering investors access to gains from popular altcoins like Polkadot. Yesterday, Osprey Funds announced the launch of…

ADA hits $2 first the time since May ahead of Cardano smart contract announcement
All eyes on a support/resistance flip at $2 as bearish sentiment stays absent for Cardano this week. 571 Total views 78 Total shares Cardano's ADA token made a triumphant return to the $2 mark on Aug. 13 as weekly gains topped 50%.ADA/USD 1-day candle chart (Binance). Source: TradingViewADA reverses most of its 3-month lossesData from…

Tiny 500Gh home Bitcoin mining device produced a block, earning over $200K BTC
The device, called a ‘Bitaxe,’ successfully mined a block even though its chances were only 1 out of 1 billion every ten minutes.

Bitcoin price has 75% chance of hitting new highs in 2025 — Analyst
A decade of Bitcoin price data found that BTC price has a 75% chance of making new highs in the next 9 months. 1732 Total views 1 Total shares Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC), suggesting that there is a 75% chance that the asset will hit new highs

Japan’s finance industry awaits clearer picture of digital yen in 2022
The digital yen should be compatible with other CBDCs to counter China’s progress with its digital yuan, one official argued. 242 Total views 2 Total shares Japan will have more clarity on the design of its central bank digital currency no earlier than late 2022, according to a ruling party official.Hideki Murai, head of the…

Binance Expands Fiat Trading Pairs for Singapore Exchange
Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore in a press release shared with Cointelegraph on July 10.Binance Singapore has been first launched in April, but with limited functionalities and only one trading pair. Now, Binance Singapore will now allow users to buy and sell cryptocurrency for Singapore dollars.…

Premier League football club enters VR partnership with crypto betting site
The Southampton FC matchday rights acquired by Sportsbet could be put to use even amid the COVID-19 lockdown — with the help of Bitcoin and virtual reality. 3254 Total views 18 Total shares Premier League football club Southampton FC has entered into a partnership with cryptocurrency betting website Sportsbet.io. The new venture will give Southampton…