Weathering the Storm – Kraken Blog

After months of price declines across cryptoassets, July 2022 brought signs of recovery. All sectors saw positive monthly returns, gaining a minimum of 8% and led by DeFi (52%) and metaverse (35%). Prices of BTC (19%) and ETH (59%) increased after three months of negative returns. Uncertainty lingered in July following several months of price … Read more

Bitcoin price retests key $22.8K as metric points to ‘BTC buying spree’

Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Battle for classic Bitcoin price trendline rages  Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to repeatedly test the key bear market trendline as … Read more

Binance, Mastercard Launch Bitcoin Rewards Card In Argentina – Bitcoin Magazine

Binance is launching a bitcoin rewards card in Argentina. The company is partnering with Mastercard and Credential Payments to provide market access and issue the card. Users will enjoy 8% cashback on purchases and zero-fee ATM withdrawals. Binance, one of the leading cryptocurrency exchanges, has partnered with Mastercard to launch a rewards card powered by … Read more

The Club For Growth Condemn CBDC Encourages Bitcoin Adoption – Bitcoin Magazine

A conservative advocacy group known as The Club For Growth (CFG) has published a policy brief titled: The Case Against A U.S. Central Bank Digital Currency, per a briefing sent to Bitcoin Magazine. The brief begins by detailing the innovation that is Bitcoin by exploring its immutability, decentralization, speed, trustless operability, and its capacity for … Read more

Pepe – Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

This article originally appeared in Bitcoin Magazine’s “Censorship Resistant Issue.” To get a copy, visit our store. The internet loves to trade. Doesn’t matter what. Doesn’t matter why. Doesn’t matter how. Over the last decade, exchange has become a medium through which community is created online. Depop, WallStreetBets, Buying/Selling groups, NFT discords; these are novel … Read more

BlackRock To Offer Bitcoin In Coinbase Partnership – Bitcoin Magazine

BlackRock will begin offering bitcoin trading and custody services. The asset manager is partnering with Coinbase to facilitate trading desk and custodial operations for its institutional clients. Coinbase Prime will act as the custodian and it does not seem to have external wallet transfer functionality. BlackRock, the world’s largest asset manager with over $10 trillion … Read more

ZEBEDEE Leverages Bitcoin Lightning Network For Cross-Platform Payments – Bitcoin Magazine

ZEBEDEE is launching a seamless integration allowing any participating business or app to transfer money across platforms. The “Log in with ZBD” feature also allows applications to pay its users instantly. The new integration leverages Bitcoin’s Lightning Network enabling instant payments. ZEBEDEE, a fintech company focused on bitcoin gaming, now allows any app or game … Read more

New York Violates Bitcoin Mining Rights – Bitcoin Magazine

This is an opinion editorial by Aaron Daniel, an appellate attorney and author of The Bitcoin Brief legal research newsletter. Introduction New York’s legislative assembly passed Bill No. A07389 on June 2, 2022, “establishing a moratorium on cryptocurrency mining operations that use proof-of-work authentication methods,” such as those used by Bitcoin, “to validate blockchain transactions” … Read more

Portuguese Crypto Exchanges Hit with Bank Account Closures

Crypto users in Portugal face new uncertainty after some major banks close down accounts involved with cryptocurrency trading. This is a huge blow considering that Portugal is one of Europe’s most crypto-friendly jurisdictions. Bloomberg media reported the matter on Wednesday after contacting some of the crypto market players in the region. Last week, Banco Comercial … Read more

Almost $5m Withdrawn from ZB.com in Possible Hack

Crypto exchange ZB.com has fallen victim to a possible hack as $4.8 million was withdrawn from its hot wallet, according to security firm PeckSheild. The money was removed after the suspension of withdrawals from ZB.com, PeckShield reported. The crypto exchange had halted client withdrawals on Tuesday, citing “temporary maintenance” of the platform, following which the … Read more