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“# Crypto usage in Turkey jumped by elevenfold in a year, new survey shows ” Turkey’s crypto userbase grew more than 11 times over the last year, a new survey from Turkish crypto exchange Paribu shows. The “Cryptocurrency Awareness and Perception Survey 2021” was conducted by Akademetre Research, revealing the perceptions and behaviors of Turkish…
“# Survey: 21% of UK crypto investors say they know almost nothing about it ” A new survey paints a bleak picture of British crypto investors’ motivations, knowledge and exposure when it comes to their investments. Almost two in five (36%) of retail crypto investors in the country have conceded that their understanding of the…
“# Visa reports over $1 billion in crypto spending in H1 2021 ” Global payments giant Visa will continue to support the development and adoption of the cryptocurrency industry as part of its business, the company said in its latest crypto update. In an official statement on Wednesday, Visa announced that its crypto-enabled cards processed…
“# Israel to welcome 11th president with oath of office on NFT ” Given nonfungible tokens’ (NFT) ability to digitally represent a wide set of assets, the underlying technology has found itself with numerous use cases including property and digital collectibles. One of its newest use cases comes from Israel, where the government has decided…
“# BlockFi starts shipping Visa-backed Bitcoin rewards credit cards ” New York-based crypto loans and savings startup BlockFi launched its Bitcoin (BTC) rewards credit card today. The card is available to select approved customers on the United States waitlist. Officially named BlockFi Rewards Visa Signature Credit Card, the card was first announced at the end…
“# Turning bullish? Institutions are net buyers of crypto for the first time in 5 weeks ” Following their longest streak of selling since February 2018, institutional managers became net buyers of digital asset funds last week, offering cautious optimism that the worst of the market selloff has passed. Inflows into digital asset funds devoted to…
“# Marshall Wace hedge fund giant to reportedly dive into crypto ” Marshall Wace, a London-based hedge fund giant managing about $55 billion in assets, is reportedly planning a major move into cryptocurrency and blockchain investment. The hedge fund firm is preparing to launch a dedicated portfolio targeting investments in the digital asset industry, the…
“# Bitcoin volatility will always disappoint some investors: Michael Saylor ” MicroStrategy CEO and Bitcoin evangelist Michael Saylor recently featured in an interview to share his insights into the global macro environment alongside Bitcoin (BTC) and crypto in general. Speaking about the risks related to volatility, Saylor said, “The people that invest in bitcoin as…
“# Ether already ‘flippening’ Bitcoin, says Celsius CEO ” Bitcoin (BTC), the largest cryptocurrency by market capitalization, has already started losing its market dominance to Ether (ETH), according to Celsius Network CEO Alex Mashinsky. In a Monday interview with Kitco News, Mashinsky argued that the Ether “flippening,” or the hypothetical scenario in which Ether overtakes…
“# EY publishes Ethereum scaling solution to the public domain ” EY’s attempts to promote secure, private transactions over public blockchains at cheaper costs has culminated in the release of Nightfall 3. The company announced the news via a release on July 1 stating that Nightfall 3 combined ZK proofs with optimistic rollup — ZK-Optimistic…