🔸 Brazilian City Starts Accepting Bitcoin Payments for Transport🔸
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Cryptocrunchapp
Brazilian City Starts Accepting Bitcoin Payments for Transport
On July 25 it was reported that users of the public transportation system in the Brazilian city of Fortaleza, capital of the state of Ceará, will soon be able to purchase transportation tickets using bitcoin. The news was broken by Brazil-based media outlet…
🔸 Ripple Partners With Chilean Remittance Company, Expanding Presence in South America🔸
cryptocrunchapp.com/news/ripple-partners-with-chilean-remittance-company-expanding-presence-in-south-america
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Cryptocrunchapp
Ripple Partners With Chilean Remittance Company, Expanding Presence in South America
The money transfer company Currency Bird says it’s the first in Chile to become a member of RippleNet. Currency Bird joins more than 200 banks and financial institutions using Ripple’s technology to power cross-border payments. The company says the partnership…
🔸 DEX Platforms Have Tripled Transaction Volume Growth in 2019🔸
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Cryptocrunchapp
DEX Platforms Have Tripled Transaction Volume Growth in 2019
A report has revealed that the transaction volume on Ethereum-based decentralized exchanges (DEX) has tripled since the start of 2019. According to the data, June 2019 saw transactions worth approximately $300 million take place on various decentralized…
🔸 Max Keiser: Central Bankers Will Turn to Bitcoin🔸
cryptocrunchapp.com/news/max-keiser-central-bankers-will-turn-to-bitcoin-amid-multitrillion-dollar-black-hole-engulfing-worlds-financial-markets
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Cryptocrunchapp
Max Keiser: Central Bankers Will Turn to Bitcoin
Bitcoin bull Max Keiser took on central banking this time. Keiser referenced a recent Bloomberg article that says the growing debt crisis in the bond market is leading toward a “multitrillion-dollar black hole growing at the heart of the world’s financial…
🔸 Australia Wants To Limit Cash Payments Not Cryptocurrency🔸
cryptocrunchapp.com/news/australia-wants-to-limit-cash-payments-not-cryptocurrency
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Cryptocrunchapp
Australia Wants To Limit Cash Payments Not Cryptocurrency
Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the document. As per Draft "Digital currency is a new and developing area in the…
🔸 Open Letter From Ripple Asks US Gov’t For Fair Crypto Regulation🔸
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Open Letter From Ripple Asks US Gov’t For Fair Crypto Regulation
In the wake of mixed feelings from Congress on digital currency, Ripple CEO Brad Garlinghouse appealed to Washington to be lenient in its future approach. Garlinghouse appeared to unveiling rare praise of central banks and government monetary policy something…
🔸 US Department of Defense to Use Tech Underlying Bitcoin for Experimental Communication Platform🔸
cryptocrunchapp.com/news/us-department-of-defense-to-use-tech-underlying-bitcoin-for-experimental-communication-platform
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Cryptocrunchapp
US Department of Defense to Use Tech Underlying Bitcoin for Experimental Communication Platform
The US Department of Defense (DoD) has released a new document stating that the Defense Advanced Research Projects Agency (DARPA), one of its agencies, is experimenting with blockchain, the technology that underpins Bitcoin. According to the document, entitled…
🔸 Iranian Gov’t Authorizes Cryptocurrency Mining As Industrial Activity🔸
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Iranian Gov’t Authorizes Cryptocurrency Mining As Industrial Activity
The Iranian government has authorized cryptocurrency mining as an industrial activity. Decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani. The report notes, Experts are interpreting the move as being…
🔸 Bitcoin’s SegWit Adoption to a New All-Time High This Week🔸
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Cryptocrunchapp
Bitcoin’s SegWit Adoption to a New All-Time High This Week
Segregated Witness (SegWit) just recently hit a milestone in adoption with 48.1% of Bitcoin payments taking advantage of the upgrade. That is the highest it’s ever been, but it’s still quite low. Wallets have been especially slow to implement SegWit, as have…
🔸 Currency Bird of Chile Joins the Ripple Network🔸
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Cryptocrunchapp
Currency Bird of Chile Joins the Ripple Network
Ripple Network is expanding in Latin America and Chile is the next destination. Announcing the development on their website, CurrencyBird said: ” Ripple Net will bring many benefits for the more than 12,000 Currency Bird customers, as it will allow the company…
🔸 Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator🔸
cryptocrunchapp.com/news/crypto-focused-finance-app-aximetria-wins-license-from-swiss-regulator
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Cryptocrunchapp
Swiss Crypto Finance App Gains Nationally Recognized AML License
Aximetria, a firm offering a personal finance app for both fiat and cryptocurrencies, has been awarded a license from the Swiss Financial Services Standards Association (VQF). The app offers exchange and international payments using the U.S. dollar, the euro…
🔸 Bitfinex and NYAG’s jurisdictional battle to continue as judge sets another date🔸
cryptocrunchapp.com/news/bitfinex-and-nyags-jurisdictional-battle-to-continue-as-judge-sets-another-date
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Cryptocrunchapp
Bitfinex and NYAG’s jurisdictional battle to continue as judge sets another date
Justice Joel M. Cohen of the New York Supreme Court (NYSC) has ruled to extend the preliminary injunction in the ongoing case of crypto exchange Bitfinex and Tether’s parent company, iFinex, against the New York Attorney General. Cohen reportedly decided…
🔸 Hamburg Senate Issues First Blockchain Report, Expects DLT to Grow🔸
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Cryptocrunchapp
Hamburg Senate Issues First Blockchain Report, Expects DLT to Grow
The Senate of Hamburg has introduced the first comprehensive report on the development of blockchain activities in the city. the Hamburg authority stated that several blockchain initiatives have been piloted in the city as the senate expects the role of blockchain…
🔸 Tether Stablecoin Launches on Blockstream’s Liquid🔸
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Tether Stablecoin Launches on Blockstream’s Liquid
Bitcoin development firm Blockstream has launched a new version of the stablecoin Tether (USDT) on its nascent “Liquid Network,” a “sidechain” protocol designed to link together exchanges. “Liquid” tethers will be better and faster and more secure, according…
🔸 Price Analysis 29/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA🔸
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Cryptocrunchapp
Price Analysis 29/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA
The crypto markets are currently witnessing a period of low volatility as they wait for a trigger that will either carry the price higher or will result in a fall to the next support level. If the United States Federal Reserve cuts rate in its next meeting…
🔸 Massive Crypto Whales Move 318,649 BTC Worth $3 Billion in Just Six Hours🔸
cryptocrunchapp.com/news/massive-crypto-whales-move-318649-btc-worth-$3-billion-in-just-six-hours
cryptocrunchapp.com/news/massive-crypto-whales-move-318649-btc-worth-$3-billion-in-just-six-hours
Cryptocrunchapp
Massive Crypto Whales Move 318,649 BTC Worth $3 Billion in Just Six Hours
Crypto traders are tracking a series of massive Bitcoin whale transfers. In a matter of just six hours, whales have moved 318,649 BTC worth more than $3 billion. All of the transfers happened between wallets of unknown origin. This indicates the crypto may…
🔸 Square Crypto Reveals Hyper-Focus on Bitcoin Development for Payments🔸
cryptocrunchapp.com/news/square-crypto-reveals-hyper-focus-on-bitcoin-development-for-payments
cryptocrunchapp.com/news/square-crypto-reveals-hyper-focus-on-bitcoin-development-for-payments
Cryptocrunchapp
Square Crypto Reveals Hyper-Focus on Bitcoin Development for Payments
Jack Dorsey’s payments company Square Crypto wants to improve the overall user experience for Bitcoin even if that means paving the way for payment rivals. Jack Dorsey’s crypto business has no plans to launch its own cryptocurrency. This according to the…
🔸 CNBC Host Pushes Bitcoin, Cites Halving and Scarcity As Catalyst for $55K BTC🔸
cryptocrunchapp.com/news/cnbc-host-pushes-bitcoin-cites-halving-and-scarcity-as-catalyst-for-$55k-btc
cryptocrunchapp.com/news/cnbc-host-pushes-bitcoin-cites-halving-and-scarcity-as-catalyst-for-$55k-btc
Cryptocrunchapp
CNBC Host Pushes Bitcoin, Cites Halving and Scarcity As Catalyst for $55K BTC
CNBC’s host of the Squawk Box, Joe Kernen defending Bitcoin and its long-term value during debates with US policymakers, financial elites, and crypto skeptics alike. In “Joe Squawk’s” latest comments, he talks about the stock-to-flow model, that helps put…
🔸 Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class🔸
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Cryptocrunchapp
Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class
Crypto will take center stage on Capitol Hill for the second time in as many weeks when the U.S. Senate Banking Committee convenes Tuesday to discuss current and potential regulations. In his prepared remarks, Allairesaid “Congress should adopt national…
🔸 Proposed Crypto Tax Cut in Singapore to Help Crypto Business: PwC Expert🔸
cryptocrunchapp.com/news/proposed-crypto-tax-cut-in-singapore-to-help-crypto-business-pwc-expert
cryptocrunchapp.com/news/proposed-crypto-tax-cut-in-singapore-to-help-crypto-business-pwc-expert
Cryptocrunchapp
Proposed Crypto Tax Cut in Singapore to Help Crypto Business: PwC Expert
Singapore’s plans to exempt certain digital currencies from the Goods and Services Tax (GST) would benefit cryptocurrency-related businesses, according to a partner in PwC Hong Kong’s corporate tax practice. Gwenda Ho argued that the Singapore government’s…