Source: Adobe/andreyphoto63 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Investments news Crypto venture fund 1confirmation said it closed its new third venture fund worth USD 125m and dubbed 1confirmation fund III. They launched their USD 26m fund at the […]
Bitcoin price remained well supported above the USD 36,500 and USD 37,000 levels. BTC started a fresh increase above the USD 38,000 resistance. It is currently (04:30 UTC) approaching the USD 40,000 resistance, above which the bulls might gain strength. Similarly, most major altcoins are showing positive signs. ETH broke the USD 2,750 resistance and […]
Source: Adobe/Lane Erickson China’s struggle with Bitcoin (BTC) miners appears set to rumble on, as two Chinese players moved to restrict access from Mainland Chinese IP addresses – and one of the biggest mining hotspots in the country making ominous statements about mining “shutdowns.” BitDeer, a mining group established by the Bitmain co-founder Jihan Wu […]
Source: AdobeStock / promesaartstudio Iran has banned crypto mining over the summer as the electricity demand sees a major increase in this period — effective immediately. Per the Iran Front Page, Iranian president Hassan Rouhani forbidden to mine digital currencies until late September, because it puts a massive burden on the national power grid. According […]
Source: Adobe/Thomas Dutour US-based crypto exchange giant Coinbase is expanding its offer for institutional investors with a prime brokerage service, Coinbase Prime, building on its earlier success in attracting more than 8,000 customers in this market as of last March, the company said. “Today we are doubling down on our commitment to serving the growing […]