NFT sales top $2.5B in first half of 2021
NFT sales in June alone have eclipsed those for the entire first half of 2020 for the OpenSea marketplace. Sales...
TheCryptoNewsWire
Pundits say Bitcoin’s brutal quarter could see Tesla report up to a $100M loss for Q2
Analysts believe reporting requirements may compel Tesla to announce a paper-drawdown of between $25 million and $100 million on its...
China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in...
Crypto Exchange Binance Suspends Euro Deposits via SEPA Bank Transfers
Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Binance...
Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury
Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion...
Financial Watchdog FinCEN Recruits First-Ever Chief Digital Currency Advisor
Following the Financial Crimes Enforcement Network (FinCEN) explaining the misuse of cryptocurrencies is a national priority last week, the bureau...
Sygnum becomes first bank in the world to offer Eth2 staking
Sygnum emphasized the robust DeFi ecosystem being built on Ethereum. Crypto-focussed Swiss bank, Sygnum Bank, has announced it has become...
Chinese banks tell staff to recruit up to 300 new digital yuan users each
Six of China’s top banks have tasked their employees with promoting digital yuan wallets to between 200 to 300 people...
China proves Bitcoin is an unstoppable machine: Bitcoin Center founder
Bitcoin’s price goes up once regulatory setbacks are digested by the crypto community, Zap Procotol co-founder Nick Spanos says. China’s...
Bybit crypto exchange to impose KYC rules
The world’s fifth-largest cryptocurrency derivatives exchange is implementing KYC rules to improve security compliance. Bybit, the world’s fifth-largest cryptocurrency derivatives...
Licensed Iranian crypto miners ordered to halt production ‘altogether’
Even Iran's minister of labor has reported electrical disruptions to his home as crypto miners continue to exert demand on...
Backwardation in Bitcoin futures contracts shows pro investors lack confidence
BTC traders are still searching for a bottom, but derivatives metrics show sentiment is negative and even the rally to...
BREAKING: US financial regulator FinCEN hires its first-ever chief digital currency advisor
Michele Korver has been involved in crypto-focused Anti-Money Laundering operations since as early as 2013. The Financial Crimes Enforcement Network,...
Is the Bitcoin bull run only in the ‘disbelief’ market cycle phase?
BTC price action would perform a one-off move if it were to top out at its recent $64,500, Alex Saunders...
Bitcoin Taproot Support Lags at 27% — Even Though Soft Fork Is Opt-in Supporters Beg Nodes to Update
On June 12, the crypto community celebrated the fact that the Bitcoin network locked in Taproot support in order to...
