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“#Mexico bans crypto at banks after billionaire promotes bitcoin” Mexico’s central bank has warned the country’s banks that cryptocurrencies are off-limits — a day after bitcoin got a plug from one of the country’s most powerful billionaires. “This country’s financial institutions are not authorized to conduct or offer to the public transactions with virtual assets…
“# John McAfee’s suicide reports raise disbelief, spark conspiracy theories ” Often a figure of ridicule within the crypto community thanks to his outlandish predictions as well as being a larger-than-life personality, John McAfee has ceased to be in the spotlight of the crypto community. However, following his alleged “suicide” that occurred in a Spanish…
“# Tom Brady and Gisele Bündchen take equity stake in FTX crypto exchange ” Seven-time Super Bowl champion Tom Brady and Brazilian supermodel Gisele Bündchen are the latest celebrities to reaffirm the growing adoption of the cryptocurrency industry. West Realm Shires Services, FTX Trading Limited and Blockfolio, three companies behind major global cryptocurrency exchange business…
“# Bitcoin price nears $36K as altcoins make 10% gains ” Bitcoin (BTC) tackled resistance at $35,000 on June 29 as upward momentum began to resurface throughout cryptocurrency. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price targets range high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting 24-hour highs of $35,780 on Bitstamp…
“# Chinese hydropower plants on sale as crypto miners move abroad ” Small-scale hydroelectric plants in China are reportedly looking for new customers as crypto miners go abroad amid a nationwide crackdown on mining activity. According to the South China Morning Post (SCMP), advertisements for small-scale hydro plants with 50-megawatt capacity have surged on Chinese…
“#Man accused of stealing $3.6B in bitcoin claims much less is missing” The South African cryptocurrency entrepreneur, who was accused along with his brother of stealing $3.6 billion worth of bitcoin, claimed in a new interview that much less than that is missing from investors’ wallets. Raees Cajee, 21, and his 18-year-old brother Ameer are…
“# ICAP to launch Bitcoin exchange with Fidelity, Standard Chartered ” Major global interdealer broker TP ICAP is launching a cryptocurrency trading platform with Fidelity Investments and British banking giant Standard Chartered. TP ICAP’s upcoming crypto exchange is scheduled for launch in the second half of 2021 and will initially offer trading exclusively for Bitcoin…
“# Active Bitcoin miners now ‘unlikely’ sellers thanks to profit boost — data ” Bitcoin (BTC) miners are “unlikely” to pressure BTC price by selling coins in the coming weeks, new data says. As part of its latest weekly report, The Week On-chain, analytics resource Glassnode sought to allay fears of another large miner sell-off….
“# Salvadorans will not be forced to use the government’s Bitcoin wallet ” The latest announcement from El Salvador’s pro-Bitcoin president, Nayib Bukele, has clarified that citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet. In a tweet on June 29, El Salvador’s President Bukele stated he wanted to clear up any…
“# Craig Wright wins default judgment, Bitcoin.org must remove Bitcoin Whitepaper ” The self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright, has won a legal battle claiming copyright infringement on the part of bitcoin.org for hosting the Bitcoin whitepaper. Wright won by default after the website’s pseudonymous owner, “Cøbra,” chose not to mount a…