Crypto News in 60 Seconds
July 17, 2022
Sale of 210 million Sango cryptocurrency tokens will start, according to the Central African Republic, in late July. The sale of 210,000,000 Blood Coins in the Central African Republic (CAR) will begin on July 25, and participating investors must purchase at least $ 500 of the token. In exchange for buying and locking Blood coins, […]
July 15, 2022
Clients Will Have Direct Access to the Crypto Market Through State-Owned Swiss Bank Postfinance. The Swiss Post Office is said to be preparing to enter the market after government activity and encryption. “Our customers prefer direct access to this market through their home bank.”Swiss post office hand to enter the encryption market. The Swiss Committee […]
A new law in Paraguay might turn the nation into a mining paradise. On July 14, the Paraguayan Senate transmitted a bill to the President for approval that would free cryptocurrency miners from Value Added Tax and let them use extra energy (VAT). If the President signs the measure, Paraguay may be the next country […]
July 14, 2022
The New York Yankees will receive bitcoin payroll services from NYDIG. On July 14, 2022, bitcoin company NYDIG, a subsidiary of Stone Ridge, announced that the company had signed a multi-year agreement with Major League Baseball (MLB) team the New York Yankees. According to the partnership announcement, NYDIG will become the “official baseball platform of […]
July 13, 2022
Hashrate for bitcoin drops as Texas-based miners stop working. Bitcoin (BTC) hash fell to 159.41-second exahashes (EH / s) on July 13, a five-month low, as Texas miners were forced to go offline. According to BTC.com, the 27% drop in hashrate is the largest since February 2022. The Bitcoin hashrate, which represents the computing power […]
July 12, 2022
Bitcoin Daily Exchange Net Flows Indicate Continued Sell-Offs. Bitcoin’s daily net transaction flow has been volatile for at least the past month. This is due to the large swings between dumping and monopolizing investors in this space, each of which has influenced the price of the digital asset in its own way. However, the network […]
Bitcoin is not a currency? South Africa will control cryptocurrencies as financial assets South Africa’s central bank is poised to introduce regulations next year that will classify cryptocurrencies as financial assets to balance investment protection and innovation. Use of cryptocurrency in South Africa is on a healthy level, with about 13% of the population holding […]
July 10, 2022
Will the $3 billion in Bitcoin released by Mt. Gox lead to a market bottom in August? In 2011, Mt. A Gox hack and the loss of 850,000 bitcoins worth about $ 17.8 billion at today’s prices will soon put 137,000 bitcoins worth about $ 2.8 billion on the market. In 2014, Mt. Gox announced […]
July 5, 2022
Bitcoiners criticize the rumored launch of a cryptocurrency in the Central African Republic. Faustin-Archangel Touadera, the president of the Central African Republic (CAR), recently announced that cryptocurrencies are an alternative to cash. However, Bitcoiners insist that the best cryptocurrency is the only solution to CAR’s monetary problems. The President of the Central African Republic, Fausten-Archangel […]
July 2, 2022
Bitcoin Bill Proposed by Senator Indira Kempis Would Make It Legal Tender In Mexico. Mexico’s congressional senator Indira Campis has proposed a bill that would make Bitcoin legal tender in the country. This bill is based on the challenges that Mexican citizens have when trying to access financial products and education. However, Mexico’s central bank […]
With the lowest total for trust products since December 2020, AUM of cryptocurrency investment products reached record lows in June. The assets under management (AUM) of cryptocurrency investment products reached an all-time low in June, according to the most recent statistics from Cryptocompare. The data also reveals that the only digital investment product to have […]
July 1, 2022
The CEO of Blockfi claims that FTX has the option to buy a cryptocurrency lender for up to $240 million.. Zac Prince, a co-founder of Blockfi, claims that the company has definite agreements in place with the cryptocurrency firm FTX and that shareholder approval is still pending. Prince said that while the deal’s overall value […]
