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Month: July 2021

Why Another Wave Up For Altcoins Is Probable According To BTC Dominance

BTC dominance has always had an inverse effect on the price movements for altcoins. Historically, BTC dominance determines the direction the value of altcoins swings in. Bitcoin has so far maintained majority dominance on the market. But as more time passes, that dominance goes down as altcoins see more demand. […]

Fast Money’s Brian Kelly Remains Bullish On Bitcoin, Here’s Why

Fast Money trader Brian Kelly was on the show recently to talk about Bitcoin’s recent price surge. The surge which had happened at the end of the weekend had seen the price of Bitcoin rise over 10% to surpass $39,000, gaining over $4,000 within a day. Brian Kelly agreed with […]

PayPal set to launch crypto trading in the UK and may embrace DeFi

The global payments platform wants to let British customers trade crypto on its new “super app”. Global payments platform PayPal is looking towards the United Kingdom as the next market in which to expand its crypto trading services. According to the company’s second-quarter earnings call on Wednesday, PayPal has done […]

Binance to shut down crypto derivatives trading in Europe

Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands. Troubled global cryptocurrency exchange Binance continues moving fast in curbing services to respond to the ongoing regulatory scrutiny worldwide, partly shutting down derivatives trading. Binance officially announced Friday that it would suspend its derivatives trading across […]

Coinbase Ventures backs Ethereum-based streaming network

Livepeer’s $20-million Series B funding round saw participation from large VCs, including Coinbase Ventures, CoinFund, Northzone, 6th Man Ventures and Animal Ventures. Led by Digital Currency Group, the funding for Livepeer saw participation from large venture capitalists, including Coinbase Ventures, CoinFund, Northzone, 6th Man Ventures and Animal Ventures. Previously, Northzone […]

Senators add crypto taxes to infrastructure deal to raise $28B in extra revenue

U.S. lawmakers believe they can find $28 billion worth of infrastructure funding by expanding taxation on crypto transactions. The proposal will implement tighter rules on businesses handling crypto, expand reporting requirements for brokers and mandate that digital asset transactions worth more than $10,000 are reported to the Internal Revenue Service. […]

PayPal Q2 Transaction Revenue Rose 17%; Earning Top Estimates

The payments giant added 11.4 million new accounts in the period, down from 23.3 million in the year-earlier quarter. The payments giant added 11.4 million new accounts in the period, down from 23.3 million in the year-earlier quarter. Part of PayPal’s transaction revenue comes from the company’s crypto buy, sell […]

Unique Bitcoin-backed home loan refinancing deal in California

Glen Oaks Escrow has made its first BTC-backed refinancing of a property in San Diego. One of Southern California’s largest independent escrow companies, Glen Oaks Escrow, has announced its first property refinancing with a Bitcoin-backed loan. The company stated that this is the first time a refinancing has been completed […]

Rollbit: The Most Rewarding Cryptocurrency Casino

Online gambling is one of the earliest applications of cryptocurrencies, with many of the frictions involved with many online betting platforms, have been eliminated by crypto casinos. For example, cryptocurrencies enable people to deposit or withdraw their funds at any time and with lower thresholds, without having to rely on […]