‘Millionaire’ whales gobble up 90,000 Bitcoin over past 25 days
Whales appear to be accumulating in anticipation of higher prices, with “millionaire” wallets increasing their holdings by 90,000 BTC in just 25 days. Go to Source Powered by WPeMatico
DIGIT
World Bank refuses El Salvador’s request for help on BTC transition
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender. Go to Source Powered by WPeMatico
SynFutures raises $14M for derivatives DEX supporting ‘anything with a price feed’
Polychain Capital led the derivative DEX’s $14 million Series A round. Go to Source Powered by WPeMatico
Thailand’s XSpring Capital raises $225M to build integrated financial marketplace
Thai companies and millionaires have funded the firm which aims to bridge traditional and digital finance. Go to Source Powered by WPeMatico
Korean Exchanges Delist High-risk Coins as They Face Tough Regulations
Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading Lists of Risky Digital Assets Trying to meet Seoul’s … Read more
‘I have nothing’: Imprisoned John McAfee claims his crypto fortune is gone
John McAfee asserted in an extradition hearing in Spain that the tax evasion charges aimed against him are politically motivated. Go to Source Powered by WPeMatico
Indonesia’s central bank marshals staff to enforce crypto payments ban
Indonesia’s central bank is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments this bull season. Go to Source Powered by WPeMatico
Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory
The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey Bank of America (BofA) released its June Global Fund … Read more
Pantera CEO: Crypto market ‘panic’ is subsiding, now’s the time to buy
The Pantera boss cited three primary reasons why crypto markets dumped a trillion dollars in market cap. Go to Source Powered by WPeMatico
Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. Central American Bank for Economic Integration Supports El Salvador’s Bitcoin Law The head of the Central American Bank for Economic Integration … Read more
