Bitcoin

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…

JPMorgan Says Crypto Market Is Healing, Expects More Price Decline Before Capitulation

June 29th, 2021

JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan Chase’s analysts, including Josh Younger and Veronica Mejia Bustamante, wrote about the outlook of the cryptocurrency market…

Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’ 

June 28th, 2021

The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the future price of bitcoin. On various occasions all the way back to 2016, Lingham has made correct bitcoin price calls over the years. Even though bitcoin’s price has been lower…

New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online

June 25th, 2021

Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems. Bakkt Card Can…