Latest News and Updates Crypto (2026)

12/07/2021

China’s persistent crackdown on bitcoin mining took a heavy toll on the global crypto market with prices of the digital currency falling 6% and spot volumes slumping 42.7% in June.

As prices keep dropping and volatility remains relatively low, spot trading volumes in the cryptocurrency space decreased by an immense 42.7% in June, while total derivative volumes dropped 40.7%, according to data provider CryptoCompare.

Read more at:

As prices keep dropping and volatility remains relatively low, spot trading volumes in the cryptocurrency space decreased by an immense 42.7% in June, while total derivative volumes dropped 40.7%

12/07/2021

Cryptocurrency prices were trading lower today with Bitcoin declining over 3% to $33,275.4, data by CoinDesk showed. Ether, the coin linked to the ethereum blockchain network, was down 3% to $$2,262. Dogecoin also slipped as it was trading around $22, down 5%. Other virtual tokens like XRP, Litecoin, Cardano, Uniswap also fell more than 2% over the last 24 hours.

EU documents showed on Wednesday showed that the European Union will propose a new authority to crack down on money laundering and new transparency requirements for transfers of crypto-assets, as reported by Reuters.

Read more at:

Other virtual tokens like XRP, Litecoin, Cardano, Uniswap also fell more than 2% over the last 24 hours

12/07/2021

The Federal Reserve singled out a surge in crypto asset prices for the first time in its overall assessment of the stability of the financial system, saying the rise reflected increased risk-taking by investors.

The brief comment, contained in the Fed’s semi-annual Monetary Policy Report to Congress released on Friday, is the latest sign that policy makers are paying more attention to what used to be a tiny sliver of the financial system.

Read more at:

The Federal Reserve singled out a surge in crypto asset prices for the first time in its overall assessment of the stability of the financial system, saying the rise reflected increased risk-taking by investors.

12/07/2021

If you’ve heard of any cryptocurrency exchange, it’s probably Coinbase. Bitcoin early adopters have been buying and trading coins on Coinbase since 2012, but the platform gained mainstream attention in 2021 when it became the first crypto exchange to go public on the Nasdaq.

Today, more than 56 million users are trading over $300 billion worth of cryptocurrency on Coinbase each quarter. It has the third-highest trade volume of all exchanges, according to crypto data firm CoinMarketCap.

Read more at:

Coinbase is one of the oldest and most popular cryptocurrency exchanges. Here’s what you need to know before buying crypto on Coinbase.

11/07/2021

A 101.38-carat diamond was sold at Sotheby’s for HK$95.1 million ($12.3 million) in cryptocurrency, becoming the most expensive piece of jewelry sold through such type of payment, the auction house said.

The pear-shaped diamond, named “The Key 10138,” was sold to an unidentified private collector on Friday, Sotheby’s said in a statement. The gem from Diacore was the second-largest pear-shaped diamond ever to be sold publicly, it said.

Read more at:

A 101.38-carat diamond was sold at Sotheby’s for HK$95.1 million ($12.3 million) in cryptocurrency, becoming the most expensive piece of jewelry sold through such type of payment, the auction house said.

10/07/2021

One could hardly accuse Bitcloud’s developers of lacking ambition. The small team wants to decentralise the Internet, and possibly even replace much of the Internet infrastructure we use today.

It’s quite a goal, and to make it all come together the founders will need quite a few backers, but the concept is rather interesting to say the least. Instead of using processing power to move around digital currencies, Bitcloud wants to use a very similar method to provide Internet services.

Instead of mining cryptocoins, Bitcloud miners (if you can call them that) would allocate their hardware resources to other uses: providing storage, computing or routing. They would be rewarded for their efforts, depending on how much bandwidth or storage they contribute.

Read more at:

The Bitcloud team want to decentralise the Internet and possibly replace much of the infrastructure we use today.

10/07/2021

Visa said its customers spent more than $1 billion (roughly Rs. 7,480 crores) on its crypto-linked cards in the first half of this year, as the payments processor takes steps to make crypto transactions smoother.

The company said it was partnering with 50 cryptocurrency platforms to make it easier for customers to convert and spend digital currencies at 70 million merchants worldwide.

The move is in line with Visa's broader acceptance of digital currencies. In March, the company announced it will allow the use of the USD Coin to settle transactions on its payment network.

Read more at:

Visa said it was partnering with 50 cryptocurrency platforms to make it easier for customers to convert and spend digital currencies.

10/07/2021

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.

Bitcoin update

BTC made another attempt at moving upwards on July 8 but created another long upper wick. It has fallen slightly since, so far reaching a low of $32,530.

It has been trading relatively close to this level since June 21.

Technical indicators are undecided. The RSI is at the 50-line and the Stochastic oscillator is undecided between making a bullish or bearish cross. Similarly, the MACD has lost its strength but is still positive.

BTC is still trading inside the same range between $31,300 and $40,550. The latter target is the 0.382 Fib retracement resistance level.

Read more at:

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.

10/07/2021

Some channel names on encrypted messaging service Telegram were more subtle than others—“Fraud Market” and “Fraud University” being among the most brazen.

Read more at:

There has been a surge in discussions on encrypted messaging apps about bypassing ID checks, a key step in stealing cryptocurrencies or money laundering.

09/07/2021

China’s central bank said Tuesday it had called for the shutdown of a company that “was suspected of providing software services for virtual currency transactions.”

The statement, issued by the Beijing office of the People’s Bank of China, also warned institutions not to provide other services related to virtual currency, including providing business premises or marketing.

Lashing out against digital currencies is nothing new for the authoritarian state.

Read more at:

China shut down a company suspected of providing software services for crypto transactions, and issued a stern warning about providing other sorts of services.

09/07/2021

Dogecoin, the tongue-in-cheek cryptocurrency that's been adopted as a pet project by Tesla billionaire Elon Musk, has suddenly crashed—losing 10% of its value in the last 24 hours.

The dogecoin price is down almost 20% over the last week, dropping after YouTuber and dogecoin investor Matt Wallace announced he was buying a new Tiger King-branded cryptocurrency.

Read more at:

The dogecoin price is down almost 20% over the last week, dropping after YouTuber and dogecoin investor Matt Wallace announced he was buying a new Tiger King-branded cryptocurrency...

Latest News and Updates Crypto

12/07/2021

12/07/2021

12/07/2021

12/07/2021

11/07/2021

10/07/2021

10/07/2021

10/07/2021

10/07/2021

09/07/2021

09/07/2021

Address

Website

Alerts

Shortcuts

Share