Bit Mining raises $50M to take operations out of China
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining. Shenzhen-based crypto mining firm, Bit Mining, is raising $50 million to fund an…
Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern
The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump. It’s not yet known whether Binance’s recent news of being…
Australian government awards $4M in grants to two blockchain startups
The new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries. Australia’s Minister for Industry, Science and Technology announced 5.6…
Gemini plans to beat Binance through compliance, aims to become the ‘fastest tortoise’ in the race
The recent regulatory backlash against Binance could give a competitive advantage to regulated exchanges. Gemini exchange co-founder Cameron Winklevoss has stated that the company expects to overtake the current largest…
Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K
Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000. Within the past few hours, a fresh wave of…
21Shares partners with German brokerage to offer crypto ETPs for savings accounts
“We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do so thanks to comdirect,”…
Nonfungible tokens soar even as Bitcoin price drops close to $32,000
Data from Cointelegraph Markets Pro shows NFT-related platforms like AUDIO, AXS and SLP as the top 24-hour gainers of the day. Today the wider cryptocurrency market finds itself looking for…
UK will hold back action against crypto ‘pockets of exuberance’ for now
The Bank of England’s latest Financial Stability Report took stock of the massive increase in crypto prices and trading activity this year. The Bank of England (BoE)’s latest Financial Stability…
New York Fed Survey Shows Inflation Expectations Highest Ever Recorded
American inflation expectations have surged according to the results of the latest New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013…
Whale From 2012 Transfers 740 Bitcoin Worth $26M After BTC Sat Idle for 9 Years
On July 12, an old whale from 2012 spent 740 bitcoin worth roughly $26 million at the time of transfer after nine years of choosing not to move the coins.…
Oldest US Bank BNY Mellon to Provide Grayscale Bitcoin Trust With Asset Servicing and ETF Services
Grayscale Investments has engaged the oldest bank in the U.S., BNY Mellon, to provide asset servicing for its bitcoin trust. The bank will also provide ETF services for the bitcoin…
S&P Dow Jones Launches 5 New Cryptocurrency Indices
S&P Dow Jones Indices, the world’s leading index provider, announced Tuesday the launch of five new cryptocurrency indices. The company now has eight cryptocurrency indices in total. The first newly…
Bitcoin (BTC/USD) Keeps Values in Rang-Bound Zones
Bitcoin Price Prediction – July 13The BTC/USD market keeps values in the range-bound zones at $35,000 and $32,500. As of writing, the crypto trades at the level of $32,936 at…
EOS Price at $3.99 after 5.4% fall – Where to Buy EOS Dip
EOS started making significant gains in the past few weeks after mimicking the trend of bitcoin and the broader market, but this uptrend seems to be ending. The coin is…
TRON Price Dips 1.5% to $0.0604 – How to Buy TRX
TRON (TRX) has made significant gains this year, and in just one year, the token has gained around 200%. Just like the majority of the crypto market, TRX also dipped…