Category: BTCEUR

Chinese Crypto Crackdown: Huobi & OKCoin to shut down Subsidiaries in Beijing

Amid the expanding Chinese crypto crackdown, former exchange giants in China, Huobi, and OKCoin have announced the closure of their Beijing subsidiaries. Huobi’s “resolution of dissolution” Beijing Huobi Tianxia Network Technology Co. dissolved its registration last week and informed the investors to liquidate their accounts within the next 45 days. This announcement was instead of […]

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Bitcoin-Linked Stocks Surge as Crypto Market Sees Rejuvenation

The huge correlation between some key Wall Street firms and the cryptocurrency ecosystem was brought to the fore as the broader crypto rejuvenation stirred an upshoot in some Bitcoin-linked stocks. Having suffered a month-on-month regression in the combined market capitalization, the global cryptocurrency market has been placed on a path of revival following impressive news […]

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Binance-run Charity in Malta may face legal trouble

Binance-run Blockchain Charity Foundation is under threat of regulatory action in Malta as the commissioner for voluntary organizations Malta has warned the exchange over consecutive failures to file accounts for the past three years. The office of the commissioner claimed in a letter dated 23rd July that the world’s largest crypto exchange is guilty of […]

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Bitmain reveals divestiture plans for Antpool, the leading BTC mining pool

Bitmain, the world’s leading Bitcoin mining rig manufacturer recently concluded its semi-annual shareholder’s meeting where it revealed the progress of Antpool divestiture, the world’s leading Bitcoin mining pool. The mining chip manufacturer received shareholders nod to make its mining pool operations independent of the parent company in the first quarter and completed all the legal […]

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Crypto Markets Turn Red After Amazon Denied Reports of Accepting BTC (Market Watch)

Crypto Markets Turn Red After Amazon Denied Reports of Accepting BTC (Market Watch)

The past couple of days were particularly turbulent in the cryptocurrency market. This was largely propelled by Bitcoin’s rally, as the cryptocurrency managed to surge as high as $40,580 yesterday, before tumbling to where it’s currently trading at around $37,300. Bitcoin Price Pulls Back Following Amazon’s Statement Over the past few days, Bitcoin is on […]

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Binance NFT to tokenize Leonardo-da-Vinci & Van Gogh’s artwork

Binance NFT platform has partnered with The Hermitage – one of the largest museums in the world, to tokenize artworks preserved at the museum. Binance announced yesterday that NFTs will be auctioned on its native marketplace at the end of August 2021. The collaborative NFT project is called, “Your token is kept in the Hermitage”, […]

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GBTC Premium Rebounds Sharply With Bitcoin (BTC) Price Rise, Whale Buying Continues

On Monday, July 26, the Bitcoin (BTC) price registered a strong recovery on its way to $40,000. This price rebound happened through a short squeeze with over $600 million in short positions getting liquidated in an hour’s time. As a result, the Grayscale Bitcoin Trust (GBTC) premium registered a sharp rebound. Moving closer to the […]

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Bitcoin (BTC) Price Falls 8% as Amazon Denies Bitcoin Payment Plans

Bitcoin price topped $40,000 to record a new monthly high of $40,499 earlier today before tumbling 8% to a daily low of $36,441. The top cryptocurrency is currently trading at $37,141. The price pump yesterday followed by an 8% decline is being attributed to Amazon’s Bitcoin payment news. Yesterday, a majority of media outlets reported […]

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Goldman Sachs Files for a Defi and Blockchain Equity ETF

The asset-management arm of the global investment banking giant Goldman Sachs has filed for a new crypto ETF based on securities of crypto-related companies and Defi protocols. The new ETF will be called Innovate Defi and Blockchain Equity ETF. As per the SEC filing on Monday, the firm would invest at least 80% of its […]

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Bitcoin, Dogecoin Price Analysis: July 27, 2021

Bitcoin price spirals to $36,000 as bulls seek formidable support to launch attack mission at $40,000. Dogecoin price barely holds at $0.2 after rejection from $0.233. Following the remarkable gains at the beginning of the week, crypto assets have gradually sunk into the red. Corrections from the weekly highs are dominant, especially among the top […]

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