Bitcoin recovers from a $31K low as Bank of America approves BTC futures trading
Fresh data underscored the importance of current market levels as Bitcoin (BTC) bounced off $31,000 support on July 16. There has been no movement on the Bitcoin markets as sideways trade has continued and a strong bear trend has yet to establish itself convincingly. Is there no trip to $42,000? According to data from Cointelegraph […]
Binance puts a stops to stock token sales
Binance exchange gave no indication as to the reason why it is putting a stop to the sales, it only said that it would be shifting its “commercial focus to other product offerings.” Binance, the world’s largest cryptocurrency exchange, stated today that the purchase of stock tokens on the platform will be phased out after […]
‘Crypto will not fix wealth inequality’ -Coinbase CEO
In response to Dogecoin’s co-founder who had earlier in the week said the crypto space is not user-friendly, Brain Armstrong Coinbase CEO said the Crypto space represents a “much-needed breath of fresh air.” Brian Armstrong, the co-founder and CEO of Coinbase, a Nasdaq-listed cryptocurrency exchange , took to Twitter to respond to Dogecoin (DOGE) co-creator […]
Binance is not authorized to operate in Hong Kong – SFC
Hong Kong has joined the list of nations calling for regulatory actions against the activities of Binance. Countries like Japan, UK, Thailand and Singapore amongst others have also issued warnings to the exchange. The world’s largest cryptocurrency exchange Binance is having a tough time with issues of regulation springing forth against it all over the […]
An Ethiopian NGO plans to use NFTs for victims of famine in Tigray war
NFTs are gaining prominence all over the world, as earlier reported this week, fashion and luxury brand Dolce and Gabanna have utilized the platform, now the same may be used as a comfort for victims of hunger in Ethiopia. The World Food Program, the International Rescue Committee, UNICEF , and Save the Children will all […]