A new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend. The institution will allow visitors to learn about the history of cryptocurrency mining, going from its roots to the current state of the…
Blog
Crypto in the UAE: TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency
On photo left to right: Saif Al Mansouri – CEO TRES OTC DMCC; Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC; Dmitry Krasnogor – Managing Director TRES OTC DMCC; Antony Katin – CEO SIMBA Storage; Alexey…
Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P…
Bitcoin crashes below $30K, but on-chain data suggests accumulation is brewing
Despite the Bitcoin markets slipping below $30,000, on-chain data suggests accumulation may be underway, as $1 billion worth of BTC leaves exchanges each month. Despite Bitcoin crashing below $30,000 for the first time in one month, on-chain metrics suggest whales…
BlockFI ordered to stop onboarding New Jersey-based customers
BlockFi CEO Zack Prince rejects the New Jersey securities regulator’s claim that his firm has been offering unlicensed securities to the public. The New Jersey Bureau of Securities had issued a cease and desist order to centralized crypto lending firm,…
Bitcoin falls to sixth for daily revenue, with just 12% of Ethereum’s fees
Ethereum, Uniswap, Binance Smart Chain, and Aave are all beating out Bitcoin by daily fee revenue. Ethereum appears to be extending its fee dominance over Bitcoin by roughly 10 times, with Bitcoin currently ranking just sixth by weekly fee generation.…
Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators
Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin…
Axe reveals limited run of Dogecoin-themed body spray
Axe is set to drop a limited run of a free Dogecoin-themed body spray dubbed “Dogecan,” which is described as exhibiting a “dank musk.” Popular male grooming product manufacturer, Axe. is set to launch a limited run of Dogecoin (DOGE)-themed…
Treasury secretary Yellen urges lawmakers to quickly introduce stablecoin guidelines
The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. United States Treasury Secretary Janet Yellen has told financial regulators that the government must act quickly to establish a regulatory framework for…
Bitcoin investment product volumes fall to 38% of YTD average
Institutional Bitcoin products have recorded outflows for nine of the past ten weeks, suggesting many investors remain bearish. Institutions are continuing to sit on the sidelines of the Bitcoin markets, with BTC investment products volumes dropping to just 38% of…