Telegram-linked Toncoin soars 50% in May for these 3 reasons
Toncoin is poised for a potential 20% increase in the upcoming weeks, mirroring a bullish fractal pattern previously observed in February 2024.
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Bank of England governor dismissed Bitcoin as a means of payment
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins. During a virtual conference hosted by the Brookings Institute, Andrew Bailey, Bank of England’s (BoE) governor, stressed that crypto assets are just “unsuited to the world of payments.” In prepared remarks on the future of cryptocurrencies and stablecoins, Bailey qualified…

BlackRock's Bitcoin ETF hits 6-week inflow high amid early-week BTC rally
BlackRock's IBIT recorded $290 million in inflow on Tuesday, more than the fund has seen in the past 21 trading days combined.

Malaysian Blockchain App Allows Users to Trace Sustainable Palm Oil
The Malaysian Palm Oil Council (MPOC) and blockchain startup BloomBloc have developed a blockchain app that enables users to trace palm oil throughout the entire supply chain.Following a successful test, the blockchain-based system is available in a pilot roll out to local oil palm growers, palm oil processors, plantations and family owned smallholders, according to…

Major Altcoins Rally as Bitcoin Sees Slight Gains
Wednesday, July 17— The number one cryptocurrency Bitcoin (BTC) is seeing slight gains on the day as major altcoins (ETH) and Ripple (XRP) rally.Market visualization. Source: Coin360Bitcoin has been trending down this week. Bitcoin retook $13,000 on July 9 before sinking all the way down to under $10,000 by July 16. At press time, BTC…

National Bank of Bahrain rolls out its first Bitcoin investment fund
The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside.

Mandatory KYC verification may contradict privacy laws in South Korea
Will this legal contradiction be resolved before the deadline? With the South Korean government preparing to implement know-your-customer (KYC) and anti-money laundering (AML) compliance processes, there is confusion among legal experts as to whether the requirements contradict other laws.According to Digital Today, the new requirements would contravene the existing Personal Information Protection Act, which stipulates…

Pompliano Apparently Holds 50% of His Wealth in Bitcoin, Explains Why
American investor and co-founder of Morgan Creek Digital Assets Anthony “Pomp” Pompliano explained his investing strategy and skepticism towards fiat currency in an interview with Cointelegraph on July 5.When asked whether he thought that putting 50% of his wealth into the leading digital currency bitcoin (BTC) was a risky move, Pompliano said that risk is…

Plume Network secures $20M for tokenization platform
Investors in the round include Brevan Howard Digital, Haun Ventures, Lightspeed Faction, and Galaxy Ventures.