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“# NBA’s Portland Trail Blazers to wear crypto logo for next five years ” The Portland Trail Blazers, an American professional basketball team competing in the National Basketball Association (NBA), is moving into the cryptocurrency industry with a new partnership. The NBA announced Thursday that the Trail Blazers has landed the league’s first jersey patch…
“# Bitcoin.org blocks access to Bitcoin software download in the UK ” It is no longer possible to download the Bitcoin Core software from Bitcoin.org if you visit the website with a United Kingdom internet protocol (IP) address. A notice on the website reads: “This software is presently not available for download in the UK,…
“# Crypto ownership has nothing to do with distrust in fiat: BIS study ” The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is linked to distrust in traditional finance. On Thursday, the BIS published a…
“#Bitcoin billionaire Mircea Popescu dies, leaving lost fortune” Controversial Bitcoin billionaire Mircea Popescu, 41, has suddenly died, leaving behind a massive crypto fortune that could be worth as much as $2 billion — which some speculate could be lost forever. Popescu, known for being among the largest individual holders of Bitcoin in the world at…
“# $200M hedge fund pauses crypto arbitrage trading amid market downturn ” Crypto hedge fund Nickel Digital Asset Management cycled into a cash position following the crypto market collapse of May. According to Bloomberg, the $200 million crypto hedge fund led by JPMorgan and Goldman Sachs alumni redeployed its capital in anticipation of another explosive price…
“# Dutch Football Team AZ Alkmaar to hold Bitcoin and pay players in BTC ” AZ Alkmaar is set to become the first professional football club in the Netherlands to pay player salaries in Bitcoin (BTC). In a statement posted on the club website on Thursday, the Eredivisie side, which finished third in the 2020/2021…
“# Bitcoin bounces at key range amid hope BTC price will avoid ‘big nuke’ ” Bitcoin (BTC) retained a key support area on July 2 as bidders stepped in to avert another test of $30,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: “Leg down” vs. “big nuke” Data from Cointelegraph Markets Pro and TradingView showed…
“# Strike to offer ‘no fee’ Bitcoin trading, taking aim at Coinbase and Square ” Payments platform Strike has announced that it will allow U.S. customers to buy and sell Bitcoin with almost no trading fees from today. In an announcement on July 1, Strike founder and CEO Jack Mallers launched a salvo at leading…
“# Bitcoin’s active addresses fall below Ethereum’s after 60% drop in six weeks ” The number of addresses active on the Bitcoin network has crashed roughly 60% in the past six weeks from 1.3 million to roughly 500,000. The collapse in activity has seen Ethereum overtake Bitcoin by number of active addresses, with the Ethereum…
“# Shanghai Man: Fight crypto like COVID-19 urges Global Times, hydro power plants popular … ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Flags and celebrations were the order of…