Xiaomi retailer in Portugal now accepts Bitcoin payments
The official Portuguese shop of Chinese electronics giant Xiaomi has partnered with Utrust to unlock payments in five cryptocurrencies. Go to Source Powered by WPeMatico
Cryptocurrencies
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Lead Republican behind infrastructure bill negotiations supports crypto amendment
The senator’s stance is somewhat surprising, given that he previously called the section on brokers in the proposed bill a “common-sense provision.” Go to Source Powered by WPeMatico
London is live and Ethereum bulls control Friday’s $357M ETH options expiry
$357 million in ETH options expire on August 6 and bears don’t stand a chance given that every neutral-to-bearish put is underwater. Go to Source Powered by WPeMatico
Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000
Hopes of an eventual BTC ETF approval and a rebound off a key support level pushed Bitcoin price well above the $40,000 level, but can the bulls sustain the current volume? Go to Source Powered by WPeMatico
Invesco files with SEC for Bitcoin ETF without direct BTC exposure
The Invesco Bitcoin Strategy ETF may “at times” invest in Bitcoin ETFs listed outside of the United States. Go to Source Powered by WPeMatico
Stablecoin market to hit $1T by 2025, Unstoppable Domains CEO predicts
As an early crypto bull, Unstoppable Domains CEO Matthew Gould believes that Bitcoin won’t retest its all-time high of $64,000 for at least one year. Go to Source Powered by WPeMatico
Coinbase acquires crypto exchange data aggregator Zabo
Zabo’s API integrations include more than 50 crypto exchanges and wallet services, including Coinbase’s rival Kraken. Go to Source Powered by WPeMatico
SEC has no authority over crypto, CFTC commissioner argues
Former CFTC chairman Christopher Giancarlo argued that the CFTC is the only U.S. regulatory agency that has experience regulating markets for Bitcoin and crypto. Go to Source Powered by WPeMatico
Analysts debate whether Ethereum’s London hardfork is a “sell the news” event
Analysts caution against a potential “buy the rumor, sell the news” pullback for ETH while historical data shows that the price tends to rise following major network upgrades. Go to Source Powered by WPeMatico
Akon’s Akoin pilot heralded success, eyes countrywide rollout in Kenya
MMTC founder Julius Mwale and Akon are expected to be in attendance at next month’s major launch event that will unveil Akoin’s national rollout across Kenya. Go to Source Powered by WPeMatico