From around 14:00 UTC on July 10, Bitcoin fell $962 from its previous price in a little over an hour, landing just above the $12,000 psychological support before another wave of sellers dragged it to a peak low of $11,445.
Turkey has revealed its economic roadmap. It has become known that its Central Bank will be working on the development of the country’s national cryptocurrency.
SEC, for the first time ever, approved a $28 million Reg A+ offering for decentralized Internet company Blockstack. The company will begin selling the SEC-approved tokens, essentially an investment vehicle for fundraising, as of today.
Binance users are now able to trade some cryptos on margin, using the exchange’s newly launched trading platform. The new service is paired with the existing cryptocurrency exchange under one platform, labeled Binance 2.0.
Cadence, an ethereum-powered marketplace for commercial debt, has gone live. Also, they announced the closure of their pre-seed round of venture funding in which Coinbase Ventures was one of the backers.
Federal Reserve Chairman Jerome Powell said that Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability, adding that the project “cannot go forward” until Facebook’s answers to regulators’ questions.
After incorporating more than 39,000 merchant partners, which now accept five different cryptos as a payment method, Flexa unleashes the SPEDN mobile app for Android, and ambitious plans for the company’s global expansion.
Estonia-based crypto exchange DX.Exchange, announced the launch of a completely new financial instrument called Smart Leverage Tokens or SLT’s. This way the company wants to change the leverage trading in cryptocurrency markets.
U.S. customs seized a ship full of cocaine owned by JPMorgan Asset Management. They declined to comment but everybody remembers how their CEO Jamie Dimon compared Bitcoin with the criminal activity.
Facebook blockchain lead David Marcus sent a letter to U.S. lawmakers in which he addressed multiple questions asked by the government. Facebook says it will respect consumer privacy and is willing to work together with regulators.
Crypto trader, analyst and enthusiastic blogger takes a look at what hides behind the scenes of Binance Coin’s recent growth, sharing what is expected for the 7th highest ranked coin in the future.
Binance has launched a new Fiat-to-Crypto Platform in Singapore called Binance SG. The Changpeng Zhao-led firm partnered with Vertex Ventures for this and to also grow the cryptocurrency and blockchain ecosystem in Singapore.
Todd Scott, vice president of IBM Blockchain Global Trade spoke about blockchain projects IBM is engaged in as well as IBM’s cooperation with Stellar. He also said that Wold Wire will enable the use of stablecoins, and much more.
Grayscale Investments’ Bitcoin Trust generates an appreciation YTD of 296%. This is an elevating growth as compared with established investments displayed in the Global Dow (12.9%) and S&P 500 (18.7%) over an equal time frame.
Just recently, Tron announced the launch of their new download optimization software called BitTorrent Speed. Users of BitTorrent Speed will be rewarded in BitTorrent Token (BTT) in exchange for seeding and bandwidth.