Source: iStock/Photographer, Filmmaker, Designer Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The vice president of the Russian metals giant Norilsk Nickel has spoken out about his company’s ambitious tokenization plans, saying new platforms now make it possible to…
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In the past few hours, the most popular cryptocurrency, bitcoin (BTC), twice surpassed USD 29,000, hitting another all-time high, and now needs to increase by around 3% in order to hit another psychologically important milestone – USD 30,000. Despite this rally, BTC is outperformed by the most troubled major coin, XRP, today. At the time…
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After months of power shortages leading to blackouts, brownouts, planned multi-hour electricity shutdowns and a blazing inferno at a power substation, citizens in Abkhazia are now set to be restricted in their internet activities as the government wages a confused war against crypto mining. After a series of seemingly mind-boggling u-turns and law changes, the…
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New government regulations that will force South Korean crypto exchanges to cease order book sharing with overseas trading platforms could have a seismic effect on the crypto players in the country – and the issue is reportedly the main reason why major player Binance is set to close down its Binance Korea operations next month…
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The “world’s first physical crypto banking branch” in Jaipur, India. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Unicas, a joint venture between online crypto banking platform Cashaa and United Multistate Credit Co-op Society, has launched what they Read…
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After a minor decline, bitcoin price started a fresh increase above the USD 26,500 and USD 27,000 levels. More importantly, BTC broke the USD 27,250 resistance level. The price even spiked above USD 28,200 and it is currently (05:00 UTC) consolidating gains. Similarly, there were positive moves in most major altcoins. ETH/USD traded above USD…
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Francis Suarez. Source: A screenshot, Instagram/mayorofmiami The Mayor of Miami, Florida, has stated that he is “definitely open to exploring” the idea of investing 1% of the city’s treasury reserves in bitcoin (BTC). The Mayor, Francis Suarez, was reacting on Twitter to a challenge from Anthony “Pomp” Pompliano, the Co-founder and Partner of Morgan Creek…
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Source: Adobe/SPICA-VEGA PHOTO ART A Brazilian banking association chief said that people are using crypto as a means of getting money out of Venezuela, circumventing American sanctions that have all but frozen Venezuelans out of the international banking system. Per a report from the media outlet InfoBlokchain, the Brazilian Federation of Banks (Febraban)’s head, Murilo…
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Bitcoin (BTC) is rallying, but that doesn’t stop its critics from, well, criticizing it. It’s perhaps even provoking them to increase their attacks on the world’s number one crypto: calling bitcoiners ‘irrational’, questioning the coin’s scarcity, calling it a fraud, and questioning if it’s money or what. Some accidentally make a case for it though.…
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Industry players are urging the crypto community to mount an assault on Washington in a bid to halt an under-fire proposal from the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN). The proposal seeks to require crypto operators to abide by regulations used to police conventional financial providers. The proposals, if enshrined into Read more…
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