Bitcoin open interest mimics Q4 2020 as new report ‘cautiously optimistic’ on BTC rally
An allusion to the start of this year’s bullish progress comes as $40,000 refuses to go quietly as resistance. Go to Source Powered by WPeMatico
DIGIT
Bitcoin hash rate rebounds as major miners are coming back online
Restrictions in China have forced homegrown Bitcoin miners to move out to crypto-friendly nations such as Canada, Kazakhstan and the United States. Go to Source Powered by WPeMatico
Bitcoin inheritance tool to use cloud service by Russian Sberbank
A new project in Russia aims to enable secure storage of inherited digital possessions like Bitcoin using a cloud-based service of state-owned Sberbank. Go to Source Powered by WPeMatico
EU entrusts $30M to new blockchain and digital assets fund
The European Investment Fund invested $30 million in a new $120 million blockchain and digital assets fund, highlighting the sector’s “strategic importance” for the EU. Go to Source Powered by WPeMatico
Cointelegraph Consulting: Rarible’s daily transactions see a rapid decline
The daily transaction volume on NFT auction site Rarible has dropped significantly since peaking in April 2021 and has not recovered since. Go to Source Powered by WPeMatico
Elon Musk Hints Tesla Owns About 42K Bitcoins
Tesla CEO Elon Musk has hinted how many bitcoins Tesla owns after revealing that the fair market value of its bitcoin holdings was $1.47 billion as of June 30. Tesla Holding About 42K Bitcoins Tesla’s technoking, Elon Musk, has commented on how many bitcoins his electric car company owns in response to a rough calculation … Read more
US–Japan digital trade deal should include crypto: American think tank
Analysts at the Rand Corporation say crypto as part of the bilateral digital trade could lay the groundwork for cryptocurrency adoption in international trade. Go to Source Powered by WPeMatico
Crypto Payment Option Makes Services More Affordable: Zimbabwe Music Studio Director
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pandemic-related movement restrictions. Music Studio Accepts Crypto Mutscon Music has also chosen to accept cryptocurrencies because this form of payment … Read more
Israeli gov’t seeks to track crypto holdings above $61K
Framed as a “war against black capital,” Israel’s Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax. Go to Source Powered by WPeMatico
Record 57K BTC leave exchanges in one day dropping Bitcoin reserves to pre-crash levels
57,000 BTC leaves exchanges in a single day as demand returns with Bitcoin at the upper end of its multi-month trading corridor. Go to Source Powered by WPeMatico
