Russia grants $200K to build tool for tracing crypto transactions

Federal authorities in Russia are moving forward with a plan to closely monitor cryptocurrency activity for illicit transactions and deanonymize crypto users’ identities. The Russian Federal Financial Monitoring Service, also known as Rosfinmonitoring, has selected a contractor for developing a platform for tracking cryptocurrency activity. According to data from Russia’s state procurement website, the country […]

Kraken Daily Market Report for August 03 2021

Overview Total spot trading volume at $881.9 million, the 30-day average is $792.6 million. Total futures notional at $394.4 million. The top five traded coins were, respectively, Bitcoin (-2.5%), Tether (0%), Ethereum (-3.9%), Cardano (+4.6), and USDC (+0%). Strong returns from Serum (+14%), Badger (+13%), and Perp (+13%). August 03, 2021  $881.9M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $38163. ↓2.5% $290.9M USDT $1.0 ↓0.02% $227.1M ETH $2507.3 ↓3.9% $215.8M ADA $1.3685 ↑4.6% $41.5M […]

Victory Capital files SEC application for crypto ETF

Investment firm Victory Capital Management has filed an application with the U.S. Securities and Exchange Commission for a cryptocurrency exchange-traded fund. In a Form S-1 registration filed Tuesday with the regulatory body, Victory said it intended to move forward with listing an exchange-traded fund, or ETF, tracking the Nasdaq Crypto Index. The index consists of […]

Gold IRA Investment: What it is & Should You Do It?

If you have already started exploring the topic of retirement and saving for a financially secure future, then you must have heard about some of the new trends that have become quite popular over the years. To be more precise, you have probably heard of gold IRA investments and now you are trying to figure […]

AXS price gains over 16% as Axie Infinity closes in on 1M daily active users

The price of Axie Infinity’s native token AXS surged on Wednesday despite a lackluster upward momentum elsewhere in the cryptocurrency market. The AXS/USD pair rose to as much as $44.96 following a 16.44% intraday jump. Nonetheless, the strong upside move came as a part of a sideways trend that saw AXS fluctuating inside the $36.48-$56.57 […]

In crypto, no one cares who you are: Here’s why that’s a good thing

Blockchains provide a trust-free anonymous intermediary for objective transactional actions, putting wealth transfer back in the hands of the individual and out of the hands of centralized control.  This, unsurprisingly, has stepped on the toes of a number of governments. To make matters worse, supporting this technology can be misconstrued as taking a stance against […]

Bouncing Back

For the last few months, many in the crypto market have wondered if we were entering a bear market. A price surge in late July now has people asking, is the bull market back? In our July monthly report, “Bouncing Back,” Kraken Intelligence examines BTC’s price swing from just below $30k to $42k to see […]

Bitcoin hits $39K highs as SEC Chair comments give BTC price 2% boost

Bitcoin (BTC) hit 24-hour highs later on Wednesday as fresh comments from the United States regulatory sphere boosted flagging price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGensler bullish on Bitcoin’s “potential” Data from Cointelegraph Markets Pro and TradingView confirmed local highs above $39,000 on Bitstamp, with BTC/USD jumping more than 2% in an hour. The […]

Why You Should HODL Bitcoin For At Least 270 Days

Making Money Using the Crypto Fear & Greed IndexSense and CentsAug 4 · 7 min readPhoto by Andy Beales on Unsplash Bitcoin and the crypto market have made some strong moves recently as Bitcoin went 10 straight green days from July 21st to July 30th, 2021 going from $29,500 to $42,315 for a whopping 43.4% […]

Bitcoin vs. Bitcoin Cash: What Should You Buy?

Maximilian PerkmannAug 4 · 7 min read Crypto enthusiasts are discussing whether Bitcoin or Bitcoin Cash is the real deal. Some even think it is the same. In the following, the article will explain the differences and advantages of both coins. Twins! — Photo by Nathaniel Kohfield on Unsplash, edited by the authorBitcoin Bitcoin is […]

Top 5 Coins That Could Change Your Life By 2025

The Crypto market is hotting up once again. Bitcoin prices are being bid up, which means the entire space benefits, what’s happening concerning the top cryptos in august. Here’s a look at the big moves in five top coins.Frederick IrwinAug 4 · 11 min read

Circle and Unstoppable Domains to introduce username-based USDC payments

The bid to introduce human-readable addresses as an alternative to the usual lengthy alphanumeric crypto wallet address system is set to achieve another milestone following the recent partnership between Circle and Unstoppable Domains. According to an announcement issued on Wednesday, Unstoppable Domains, a blockchain domain name provider, and USD Coin (USDC) stablecoin issuer Circle are […]

How Much I Should Invest To Earn 1000 USD Per Month

In this article, I’ll show you exactly how I make a couple of hundred dollars per week completely passively and that just by staking a stablecoin.Lukas MooreAug 4 · 9 min read Now, this isn’t my only source of passive income, but I like this particularly well because you need a lot less capital than […]

Tesla Stock Prediction & Analysis

CRYPTOCURRENCYIn this article, we’re going to discuss exactly what we can expect from Tesla stock during earnings. If we should buy now or wait till after.Tom HollandAug 4 · 10 min read We’re also going to discuss multiple catalysts for Tesla that not many people realize or talk about that you’re not going…

Buying 1000 Cardano Here. So How Much You Should?

Lukas MooreAug 4 · 12 min read Owning a thousand Cardano tokens could be your ticket to a wealthy future and potentially early retirement. İn this article, I’ll discuss why I am buying at least a thousand Cardano tokens ada. First, i̇’ll talk a little about what Cardano is and what makes it so great, […]

Mike Novogratz blasts US officials for poor grasp of crypto industry

Amid the chorus of stringent crypto regulations among several United States leaders, proponents such as Galaxy Digital CEO Mike Novogratz look to counter anti-cryptocurrency sentiments circulating in Washington. Tweeting on Tuesday, Novogratz described crypto as the “future of our financial systems” while adding politicians and regulators ought to do their homework before devising policies to […]

Fisher‌ ‌Phillips ‌Partner-Philip Bauknight Explains their New “Cryptocurrency & Blockchain Task Force”

As the mass adoption of cryptocurrencies and their underlying technologies looms,  Fisher Phillips aims to set the legal framework for the best interpretation of interaction with these wonderful technologies must be established. It is in the spirit of this that Fisher Phillips, one of America’s leading employment and labor law firms recently launched its cryptocurrency […]

New Spanish bill aims to enable mortgage payments in crypto

Spanish lawmakers are backing a new legal initiative to legitimize the cryptocurrency and blockchain industry by proposing a new bill on digital transformation. The new draft bill was introduced by Spanish political party the People’s Party (PP). It aims to drive innovation in multiple industries through regulating emerging technologies such as blockchain and artificial intelligence […]

Panic selling is crypto investors’ biggest mistake, new survey reveals

The importance of storage and passwords is best known by crypto enthusiasts who know how easy it is to lose access to their digital assets. A recent survey conducted by Cryptovantage named “Coin Storage Security: A closer look at crypto storage and passwords” aimed to identify investors’ sentiment toward the safekeeping of their crypto investments.  […]

Crypto is a fundamental technological breakthrough, a16z co-founder says

Marc Andreessen, co-founder and general partner at venture capital firm Andreessen Horowitz (also known as a16z), made a case for crypto and blockchain as the most significant new architecture change in the tech industry. In a Bloomberg Wealth interview with David Rubenstein, Andreessen reframed the terms of the debate and shifted away from the talk […]

FBI joins Mirror Trading probe in Africa to help recover US investor funds

Investigations into the South African company Mirror Trading International (MTI) — widely seen as last year’s most ruinous Bitcoin (BTC) Ponzi scheme — are now engaging the United States Federal Bureau of Investigation. MTI, which went into provisional liquidation in December 2020, claimed to have over 260,000 members across 170 countries at its height. It […]

Bitcoin eyes $36K support as chart hints at potential golden cross within weeks

Bitcoin (BTC) returned to hit local lows of $37,500 on Wednesday in a fresh installment of its comedown from above $42,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“So far so good” as BTC cools Data from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedly challenging then briefly breaking through the $37,500 mark Wednesday. As the […]

Binance to bring Bitcoin payments to Shopify via new partnership

Binance, the world’s largest cryptocurrency exchange by trading volumes, continues actively expanding into the crypto payments industry through a new crypto-to-fiat integration. The company announced Tuesday a partnership with crypto-fiat hybrid payment platform Alchemy Pay to enable peer-to-peer (P2P) crypto payments at over 2 million global merchants through its payments application Binance Pay. The new […]

Rothschild’s trust led funding round for Aspen Digital’s London expansion

Prominent British banker Jacob Rothschild’s investment firm Rothschild Investment Trust (RIT) Capital Partners partnered with New York-based Liberty City Ventures to lead pre-A funding for Aspen Digital, a crypto asset investment platform. According to an official announcement, the funding round ended up raising $8.8 million to help the Hong Kong-based company develop an institutional crypto […]

How ETH Responds to Upgrades: Will EIP-1559 be Bullish?

Ben LillyAug 4 · 6 min read Ethereum is about to undergo a very significant upgrade. The upgrade is called London. What makes London particularly noteworthy is the fact it introduces rent control on gas fees via Ethereum Improvement Proposal (EIP) number 1559. The result is ETH tokens can be burned. Meaning the adjustment to […]

FTX launching NFT sports platform, backs LCS esports league with 7-year deal

FTX is launching a nonfungible token (NFT) platform centered on sports and entertainment and has also stitched up a new sponsorship with professional esports league the League Championship Series LCS. According to Variety, FTX US is teaming up with Dolphin Entertainment to create a “large scale” NFT marketplace that will target brands within the sports, […]

Square’s value could 5X thanks to Afterpay deal: Pomp

Morgan Creek Digital co-founder and Bitcoin proponent Anthony Pompliano thinks Square’s value could increase to $1 trillion following the firm’s acquisition of Afterpay. Square, headed up by CEO Jack Dorsey, this week announced its acquisition of the Australian buy now pay later (BNPL) business for $29 billion on the same day it reported $2.7B in […]

Top Shot to sell exclusive NFT moments at live basketball games

NBA Top Shot, the popular pro-basketball NFT collectibles from Dapper Labs, will sell exclusive tokens at NBA Summer League games scheduled in Las Vegas for next week. The tokens will be the first Top Shot NFTs, dubbed “moments,” made available for exclusive purchase from a physical location and they mark the first time that moments […]

CryptoPunks clone PolygonPunks booted from OpenSea marketplace

Leading NFT marketplace, OpenSea, has delisted the successful Polygon-based copy of CryptoPunks, Polygonpunks. According to screenshots of the marketplace taken shortly before the NFT collectibles were removed, PolygonPunks had emerged as the second-most popular collection on OpenSea by volume with roughly $37,000 worth of trade in 24 hours. With upset users vocal on social media, […]

Google running crypto ads again as new policy goes into effect

Google is running crypto ads again after its updated financial products and services policy went into full effect on August 3. The multinational giant banned crypto and Initial Coin Offering (ICO) related advertisements back in June 2018, and the updated policy allows regulated crypto entities to market their services once again. ICOs have been left […]

This key Bitcoin price indicator shows pro traders buying each dip

Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA’s largest oil exporter, denied claiming to start mining Bitcoin. Top traders at exchanges seized the opportunity to add leverage-long positions, a clear bullishness indicator. Furthermore, margin […]

Breaking: BSV reportedly suffers ‘massive’ 51% attack

Bitcoin SV (BSV) has reportedly suffered a “massive” 51% attack beginning around 11:45 am Tuesday, resulting in up to three versions of the chain being mined simultaneously. Analytics provider Coin Metrics confirmed Tuesday afternoon that its FARUM risk management platform had identified the 51% attack. FARUM has identified a 51% attack today on the BSV […]

Terra (LUNA) price rallies 162% while Bitcoin and altcoin prices drop

Bitcoin (BTC) price appears to have faked out investors with its move to $42,000 last week and while the digital asset struggles to hold above $38,000, altcoins with strong fundamentals and real-world applications are gaining momentum.  Terra (LUNA), a blockchain protocol that backs the fiat-pegged TerraUSD (UST) stablecoin, is one such project that has managed to […]

'Nakamoto's innovation is real,' says SEC Chair Gary Gensler

Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, believes that the blockchain revolution started by Satoshi Nakamoto in 2008 is more than just a fad, but a real value proposition for the future of the internet.  In an interview with the Aspen Security Forum on Tuesday, Gesler talked about his […]

Cardano Can Really Beat Ethereum?

Today I will cover everything you need to know about Cardano’s current stage of development and whether or not you should still be bullish for the long-term prospects of this Project.Lukas MooreAug 3 · 9 min read So to start off, I’m here to say that Cardano’s team is saying that they still are on […]