Bitcoin declines by over 6% in the last 24-hours while the overall cryptocurrency markets lost over $20 billion.
Coinbase says that only those customers who have completed the ID verification process on the exchange can avail the facility of increased daily purchase limits.
The dominant bitcoin miner and mining chip designer plans to strengthen its presence in the U.S. The company does not want to gum up the works: the mining facility is expected to be completed in the beginning of the fourth quarter of 2018.
![Weekly Blockchain Industry Report [July 28 – August 3,2018]](https://www.coinspeaker.com/wp-content/uploads/2018/08/blockchain-industry-report-july-august-2018.jpg)
This week, the whole crypto currency market experienced slight decline after the BTC ETF got rejected by SEC. Among top 5 crypto currencies, EOS experienced greatest loss of nearly 17%.
The wealth managing firm believes that SEC will take all its time it can, instead of falling for the market euphoria, and extend the decision till March 2019.
The Japanese Virtual Currency Exchange Association wants to become a certified business association. A detailed proposal has been already submitted.
The state of West Virginia is going to provide troops serving abroad with a mobile voting app for the midterm elections.
Continuing its bearish momentum, EOSUSD price might go down this week. However, this is a short-term ranging movement in the given context and a situation may soon change.
The launch of crypto-custody service by Goldman Sachs will help to instill more confidence among investors and may even drive big players to participate in the cryptocurrency market.
Led by an experienced team of Silicon Valley technologists and innovators, StatX enters blockchain and crypto scene to offer information-centric messaging app designed to satisfy community’s needs.
Now crypto trading app Robinhood offers its clients an opportunity to invest in Ethereum Classic without paying any commission.
T.OS blockchain startup aims to bring cryptocurrency adoption to the new level going so far as to introduce two separate cryptos for this end.
Fred Schebesta, one of the founders of a tech project Finder.com, has revealed his plans to launch the first Australian crypto bank.
Named after the second most solid gem on Earth, the platform of Ruby-x provides transparency and unbreakable security level for both crypto and technology exchanges.
A Starbucks spokesperson said that they won’t directly accept digital token payments but will help their customer spend their holdings at the outlet.