🔸 Bitcoin Near Turning Point as Bearish Signs Abound After Rally🔸
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Bitcoin Near Turning Point as Bearish Signs Abound After Rally
Bitcoin may be closer to a turning point as cryptocurrencies struggle with greater scrutiny and bearish signs pile up. Some technical indicators for BTC have been pointing to further losses. It has broken below its 50-day moving average support, which could…
🔸 Bitcoin Searches Spike in Boris Brexit Britain🔸
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Bitcoin Searches Spike in Boris Brexit Britain
Recently a new prime minister take over the helm in Britain. Boris Johnson has been handed the unenviable task of guiding the UK through Brexit, coincidentally the economic unrest has caused a spike in the interest for bitcoin according to Google. Bitcoin…
🔸 Binance Will Support Qtum (QTUM) Staking🔸
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Binance Will Support Qtum (QTUM) Staking
Binance, the world's largest crypto spot exchange (by trading volume), announced on Wednesday (July 31) that it is adding support for Qtum (QTUM) staking. This news comes just five days after Binance announced that it was going to launch Algorand (ALGO) staking.…
🔸 US Senator: Even If We Wanted To, We Couldn’t Ban Cryptocurrency🔸
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US Senator: Even If We Wanted To, We Couldn’t Ban Cryptocurrency
U.S. Senator Mike Crapo (R-Idaho) admitted that it would be difficult or impossible to ban cryptocurrencies in the United States. The Senator offered a number of positive comments on bitcoin as he chaired the Senate Committee on Banking, Housing and Urban…
🔸 EOS Stays Top as China Publishes Top Crypto Project Rankings🔸
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EOS Stays Top as China Publishes Top Crypto Project Rankings
China's Center for Information and Industry Development (CCID) has released the 13th update of its ranking of global crypto projects, with EOS remaining at the top while two have been added since its previous update in May. Of the total 37 projects ranked…
🔸 Bitcoin First as LedgerX Launches Regulated Physical Futures on US Market🔸
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Bitcoin First as LedgerX Launches Regulated Physical Futures on US Market
United States Bitcoin (BTC) derivatives provider LedgerX has officially launched physical Bitcoin futures trading, becoming the first to do so on the domestic market. In an announcement on social media July 31, LedgerX said its physical futures offering was…
🔸 Fundstrat Co-Founder Tom Lee: US Fed Rate Cuts Are Helping Bitcoin🔸
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Fundstrat Co-Founder Tom Lee: US Fed Rate Cuts Are Helping Bitcoin
Fundstrat Global Advisors co-founder Tom Lee says federal rate cuts in the U.S. are beneficial to Bitcoin, which may retake $20,000 by the year’s end. In terms of price, Lee thinks it is plausible for the coin to retake its all-time high by the end of the…
🔸 Bittrex Launches Crypto Platform for Middle East Following New Partnership🔸
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Bittrex Launches Crypto Platform for Middle East Following New Partnership
Bittrex has partnered with crypto exchange and custodian provider Rain Management WLL to launch a regulated digital asset exchange for the Middle East and North Africa. The new platform will purportedly combine Rain’s staff and expertise in the MENA region…
🔸 What the Next 4 Years of Ethereum Look Like🔸
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What the Next 4 Years of Ethereum Look Like
Ethereum celebrated its fourth birthday yesterday. Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and…
🔸 Just 64% of Legitimate IEO's Were Profitable, New Data Shows🔸
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Cryptocrunchapp
Just 64% of Legitimate IEO's Were Profitable, New Data Shows
Research from The Block shows that while some IEO’s have been wildly successful, the majority are not profitable for investors. About 180 blockchain projects secured funding through an internal exchange offering (IEO) and currently 40 exchanges have hosted…
🔸 54% of Bitcoin Users in Europe Don't Have University Degrees: Research🔸
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54% of Bitcoin Users in Europe Don't Have University Degrees: Research
Bitcoin users across the European continent have not even finished their university program, according to BitPanda’s latest study. Report explored personalities of the men and women who hold cryptocurrencies as a part of their portfolio. It found that about…
🔸 Investors Can Now Trade Ether and British Pounds on the Same Blockchain🔸
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Investors Can Now Trade Ether and British Pounds on the Same Blockchain
A team of former Royal Bank of Scotland (RBS) engineers is bringing trading and settlement of digital assets, including cryptocurrencies, to a private blockchain network originally developed for enterprise. London-based LAB577, led by ex-RBS innovation lead…
🔸 FCA Publishes Final Guidance on Cryptoasset Regulation in the UK🔸
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Cryptocrunchapp
FCA Publishes Final Guidance on Cryptoasset Regulation in the UK
UK markets regulator the Financial Conduct Authority (FCA) published its final guidance on the cryptoasset activities it regulates, following a consultation paper from April. In the new document, the regulator said that while exchange tokens fell outside…