Bitcoin

Crypto Wallet Recovery Service KeychainX Can Save Your Bitcoin

July 8th, 2021

Whenever the prices of digital assets skyrocket, social media gets flooded with stories of people that could be millionaires now but forgot the keys to wallets they opened a few years before. But if this happened to you, don’t lose hope, cryptocurrency wallet recovery service KeychainX can save your money. Your Wallet With a Forgotten…

Bitcoin Uptrend Shatters As Declines To $30,000 Beckon

July 8th, 2021

Bitcoin price seems to have abandoned the uptrend toward $40,000 due to the resistance at $35,000. Over the last two weeks, BTC’s price action within the confines of an ascending parallel pattern. In addition to the 200 Simple Moving Average (SMA) resistance, selling orders soared amid the bullish camp’s exhaustion. At the time of writing,…

China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

July 7th, 2021

The People’s Bank of China, the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities.” China’s central bank warned companies on Tuesday against assisting cryptocurrency-related businesses as it…

Crypto Exchange Binance Suspends Euro Deposits via SEPA Bank Transfers

July 7th, 2021

Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Binance says the suspension is temporary and it is due to events beyond its control. Binance’s Troubles Extend to SEPA Transfers Binance users reported Tuesday that they have received a notice from the exchange about the…

Is Another BTC Price Crash On Its Way As Predicted By JP Morgan?

July 6th, 2021

Bitcoin price may be headed for another price crash as per financial giant JP Morgan. The prediction comes in the wake of the upcoming Grayscale Bitcoin Trust (GBTC) unlock, a half-yearly event believed to have a volatile impact on Bitcoin price. Grayscale Bitcoin trust allows accredited investors to add BTC to the Trust holdings and…

Barclays Blocks Customers From Sending Funds to Binance

July 6th, 2021

Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of daily volume. The bank announced its issues with wiring funds to Binance in a resolution message to the customers today. The banking giant cites the warning that the Financial Conduct Authority (FCA) issued against Binance…

Feds Sell Seized Bitcoin From 2018 for $19 Million

July 5th, 2021

The U.S. has sold about 500 bitcoins seized back in 2018 for about $19.2 million. This was reportedly the largest net forfeiture in the Northern District of Ohio’s history. Federal authorities in the U.S. state of Ohio have sold bitcoins seized back in 2018 in a fraud case. The seized bitcoins were sold for nearly…

Bitcoin Mining Report Claims Miner Energy Consumption Mix 56 precent Sustainable in Q2

July 4th, 2021

During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data…

Ventup, the IDO Launchpad by Vent, Connects Game-Changers With Investors

July 1st, 2021

Vent is excited to announce the launch of their IDO on the Ventup platform, nurtured by Vent Finance. This innovative community-driven platform promises to usher in a new era of decentralized funding for vetted projects and help empower entrepreneurs on their journey to success. Vent – Welcome to the All-in-One Ecosystem Vent has announced it…

Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System

July 1st, 2021

The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubt the benefits of the digital dollar but says it “could pose significant and concrete risks” to the U.S. banking system. Fed Vice Chair Speptical About Digital Dollar Federal Reserve Vice Chair of Supervision Randal Quarles…