XRP price skyrockets by 17% as double bottom chart pattern takes shape
Ripple’s XRP token is in the middle of a bullish breakout, which could open the door to $1 next. Go to Source Powered by WPeMatico
Month: July 2021
Vontobel’s wealthy clients are interested in crypto, says CEO
The Swiss bank said some of the firm’s clients are allocating part of their portfolios to crypto. Go to Source Powered by WPeMatico
Crypto frenzy may be winding down, Visa CFO says
This spring, crypto-related transactions using Visa were a significant boost to the company’s cross-border volume, although this effect is beginning to wane. Go to Source Powered by WPeMatico
One tenth of Russians ready to get salaries in digital ruble, report says
A new survey of 3,000 Russians suggested that most people strongly disagree with receiving salary payouts in a state-controlled digital currency. Go to Source Powered by WPeMatico
Bitcoin price is returning to $40K — But will shorts have their revenge?
An analyst promises an “interesting few days” as volatility firmly reenters the Bitcoin market and sentiment transforms. Go to Source Powered by WPeMatico
Buterin’s $1B SHIB donation tricky to cash out, says fund manager
Realizing Vitalik Buterin’s $1 billion donation in Shiba Inu coins to the Covid Crypto Relief Fund in India has turned out to be a labyrinthine process for the fund’s creator. Go to Source Powered by WPeMatico
Binance cuts withdrawal limits, rolls out tax reporting tool
Existing Binance users will not be able to withdraw more than 0.06 BTC per day without completing full KYC verification, effective in August. Go to Source Powered by WPeMatico
Japan to test Ripple’s ODL service for money transfers to Philippines
Japan’s first On-Demand Liquidity (ODL) service implementation helps Ripple to drive the adoption of crypto-enabled services. Go to Source Powered by WPeMatico
Nigerian Central Bank Stops Forex Sales to Bureaus de Change — Operators Accused of Feeding Black Market
The Central Bank of Nigeria (CBN) recently announced the abrupt end to sales and outsourcing of foreign exchange to Bureau de Change (BDC) operators after accusing them of failing to stick to their core mandate. Instead of providing forex to retail users, BDCs are believed to be supplying the scarce resource to so-called “illegal” dealers. … Read more
Iran Raises Alarm Over Potential Influx of Miners From China
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible influx of miners and illegal imports of mining hardware from China. Tavanir Warns … Read more
