US Commerce Department issued a temporary general license that lets Huawei buy US goods to maintain existing networks and continue providing wireless services. Google is reportedly set to reverse Huawei ban as well.
While the SEC has postponed its decision on a Bitcoin ETF proposal by VanEck/SolidX, the Bitcoin community has given little attention to it as Bitcoin price largely remains stable.
After the Trump administration blacklisted Huawei last week, tech companies in the U.S. including Google, have started mulling out options to cut ties with its Chinese counterpart Huawei.
WhatsApp users can now send and receive Bitcoin (BTC) and Litecoin (LTC) via the popular messaging platform thanks to the Lite.Im bot.
Satoshi Craig Wright sued Bitcoin Cash figurehead, and former business partner, Roger Ver for libel after being called a “fraud and a liar.” Ver responded by seemingly debunking Wright’s claim that he controlled several high-profile Bitcoin addresses.
The US customers will soon enjoy the benefits of a Coinbase Debit Card after it launched in the UK successfully letting users pay for their daily bills using crypto.
Several major banks, including UBS, Banco Santander, HSBC Holdings and Deutsche Bank, are planning to build a blockchain-based settlement system by investing $50M into a joint entity called Fnality.
After showing a massive rally over the last few weeks, the bulls finally lose their hold on the market to the bears. Overall crypto market loses nearly $24 billion with Bitcoin price dropping below $7200 levels.
Ethereum price is quickly moving towards the $300 level while there are real doubts about true decentralization of this asset.
Even though there was hope that eBay may be delving into Bitcoin and cryptocurrency, the hopes were shattered after their spokeperson said that cryptocurrency is not a part of their payments strategy.
The approval of a regulated crypto derivative this year is now looking less likely, as the SEC has once again delayed its decision on whether to approve the Bitcoin ETF proposed by asset manager Bitwise. However, Bitwise remains optimistic.
Samsung Electronics plans to expand crypto and blockchain functions on budget Galaxy phones. It is only one of the steps undertaken by tech giant in adoption and integration of cryptos.
Through the partnership of a payments startup Flexa and Winklevoss’ Gemini, customers of Amazon’s Whole Foods, Starbucks, Baskin Robbins, and other major retailers can use Bitcoin, Ethereum, Bitcoin Cash, and Gemini Dollar for payments.
As New York residents have had limited functionality with Coinbase because of its stricter financial rules, the approval of XRP is sure to be welcomed by the highly populated city. XRP price adds more than 20% on the news.
Bakkt expects the soft launch of their Bitcoin Futures product by July, explaining that it intends to iron out any kinks in the coming weeks. They confirmed confirmed working “closely” with the U.S. Commodity Futures Trading Commission (CFTC).