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#BTC #BITCOIN

Norway’s Minister of Climate and Environment is a Bitcoin (BTC) HODler

The Norwegian Minister of Climate and Environment – Sveinung Rotevatn – revealed he owns Bitcoin. According to him, the digital asset is a ”well-suited store of value.” The minister of one of the most renewable energy-focused governments also spoke about the relation between BTC and the environmental challenges.

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#DOGE #DOGECOIN

Dogecoin (DOGE) Demand Crashes India’s Largest Crypto Exchange

India’s largest crypto exchange by trading volume, WazirX, has been struggling to meet the skyrocketing demand for Dogecoin (DOGE). Global DOGE trading volumes tripled between May 3 and 5 to over $42 billion.

According to WazirX Founder and CEO Nischal Shetty, it caused the exchange’s systems to crash because the surging volumes were wrongly perceived as a cyberattack.

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#DeFi #DecentralizedFinance

The Federal Reserve Bank says DeFi has sparked a “wave of innovation”

The Federal Reserve Bank of St. Louis says decentralized finance (DeFi) has “unleashed a wave of innovation” that could create a more transparent financial infrastructure in the future.

DeFi is an umbrella term for a broad push to create crypto-based projects that automate and remove middlemen from traditional financial services like borrowing and lending, derivatives, margin trading, and insurance.

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#CryptoExchange #USA #SEC

SEC Chairman Hints At Strengthening Regulatory Oversight For US Cryptocurrency Exchanges

Recently confirmed U.S. Securities and Exchange Commission chair Gary Gensler punted to congress on providing more regulatory oversight to the crypto space, but also said the commission would act within its purview.

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#BitcoinMining #Iran

Iran’s central bank bans the trading of bitcoins mined abroad

The Central Bank of Iran (CBI) has prohibited the trading of Bitcoin and other cryptocurrencies mined outside the country, according to a report from news outlet Iran International.

At first glance, the move is a formality, as Iran had already effectively banned open trading of cryptocurrency. However, it may signal the intent of Iranian regulators to counter the removal of capital from the country.

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#BitcoinMining #China

China’s crackdown on BTC mining is becoming real

After barring the use and trading of cryptocurrency, Beijing has indicated that it will turn next to cryptocurrency mining.

China’s vice-premier Liu He last Friday said the government would clamp down on bitcoin mining and trading to achieve financial stability but stopped short of revealing specific policies. This week, Inner Mongolia, an autonomous region in northern China, issued draft guidelines on its plans to ban crypto mining, offering the first details about how authorities intend to execute this latest stage of the crypto crackdown.

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#ETH #ADA

Charles Hoskinson to list 3 reasons why Cardano (ADA) is better than Ethereum (ETH)

Charles Hoskinson – the founder of the blockchain platform Cardano – revealed his three reasons why Ethereum falls behind his project. Additionally, he scratched the topic of BTC’s energy consumption.

In a recent Yahoo Finance interview, Cardano’s founder Charles Hoskinson criticized Ethereum’s network by calling it overrated and outlining a lack of vital qualities.

First, Ethereum can only process smart contracts while the rival Cardano can do that with governance and compliance. Hoskinson added that his project could operate with metadata and also with automated regulation. Moreover, he concluded that Cardano was created to bring identity to the blockchain system.

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#PayPal #BTC

PayPal is going to let users send BTC and other cryptocurrencies out of PayPal

PayPal will soon add support for third-party wallets and allow users to move their cryptocurrency assets wherever they please.

The payments firm, one of the most popular in the world, sent shockwaves through the crypto space when it announced users in the U.S would be able to buy and sell Bitcoin on its platform last year. The company has since added a feature for the purchasing of Bitcoin via its Venmo service.

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#Globant #BTC

IT giant Globant joins $500,000 Bitcoin purchase

The software development company, Globant, has filed documents with the SEC revealing an allocation of $500,000 in bitcoin. The firm has put the BTC investment into its portfolio of “intangible assets.”

Globant is an IT and software development conglomerate founded in 2003 and headquartered in Argentina. It has over e dozen offices worldwide, including in the UK, the UK, Brazil, India, Mexico, Spain, and more.

According to a recent filing with the US Securities and Exchange Commission, Globant has “purchased an aggregate of [$500,000] in crypto assets, comprised solely of bitcoin.” The allocation has happened during the first quarter of 2021.

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#Crypto #Nigeria #BTC

Crypto is going to “come to life” in Nigeria, central bank governor says

At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confidence that cryptocurrencies like Bitcoin (BTC) will be legal in the country, Business Insider reports Wednesday.

Emefiele did not directly mention a decision to reverse the CBN’s February ban of institutions from buying and selling crypto, but noted that the bank has been investigating the industry.

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#Bitcoin #Dogecoin #Tesla

Tesla competitor to launch first electric vehicle mining Bitcoin and Dogecoin

Canadian light electric vehicle manufacturer Daymak has announced that Spiritus, its yet-to-be-launched futuristic car, will make it possible to mine Bitcoin and Dogecoin while it’s parked.

The 20-year-old company also says that it will accept pre-order payments in several cryptocurrencies, including Cardano. A crowdfunding campaign for the car—which kicked off in March—has surpassed $350 million.


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#Bitcoin #Argentina #BitcoinMining

Argentinians turn to Bitcoin (BTC) mining to support livelihood amidst economic decline

In the heart of an economic crisis, ultra-low utility costs are enabling Argentinians to bank on mining Bitcoin as foreign miners head for their piece of the electricity cake, local reports said.

Not only locals are taking advantage of the situation as Bitfarms, a Canadian Bitcoin mining company, announced it is opening a new mining facility in the country.

Devaluations, defaults, hyperinflation, foreign-exchange controls, and a pinch of ultra-cheap electricity proved to be the basic ingredients for boosting local mining operations.


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#Bitcoin #Dogecoin #Tesla #BitcoinMining

Tesla competitor to launch first electric vehicle mining Bitcoin and Dogecoin

Canadian light electric vehicle manufacturer Daymak has announced that Spiritus, its yet-to-be-launched futuristic car, will make it possible to mine Bitcoin and Dogecoin while it’s parked.

The 20-year-old company also says that it will accept pre-order payments in several cryptocurrencies, including Cardano. A crowdfunding campaign for the car—which kicked off in March—has surpassed $350 million.

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#Bitcoin #WarrenBuffett #ETF

Warren Buffett invests in a digital bank that offers a Bitcoin ETF to its clients

According to CNBC, Warren Buffett’s Berkshire Hathaway has invested half a billion dollars in Brazilian digital bank Nubank. For the first time, it appeared on CNBC’s Disruptor 50 list this year.

Interesting but fact, Nubank has acquired the Easynvest brokerage company, and together the two financial firms are planning to offer their clients invest in a Bitcoin ETF.

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#Bitcoin #Texas

Texas will allow state banks to hold Bitcoin (BTC)

The Texas Department of Banking today issued a notice confirming that state-chartered banks may store cryptocurrency on clients’ behalf, provided they have “adequate protocols in place” for complying with the law.

Though that seems like a big victory for the state’s cryptocurrency firms and users, in the department’s view, nothing has really changed.

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#Bitcoin #Tesla #ElonMusk

Elon Musk confirms Tesla is not selling all of its Bitcoin

Tesla CEO Elon Musk tweeted earlier this Sunday that the electric carmaker would resume its Bitcoin transactions once verified crypto mining operations utilise more renewable energy.

“When there’s confirmation of reasonable (~50 percent) clean energy usage by miners with [a] positive future trend, Tesla will resume allowing Bitcoin transactions,” he wrote.

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#ADA #Cardano

Cardano CEO hints at release of algorithmic stablecoin research paper in coming weeks

Cardan founder Charles Hoskinson has revealed that the platform is planning to release a research paper on algorithmic stablecoins in the next few weeks.

Through a Twitter post, Hopkinson says that the paper is part of some “unfinished business” from the Bitshares days. Notably, Hoskinson co-founded Bitshares, a decentralized exchange alongside cryptocurrency entrepreneur Daniel Larimer. However, the two split up over unclear reasons.

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#Bitcoin #GoldmanSachs #GalaxyDigital

Goldman Sachs to start trading Bitcoin futures in partnership with Mike Novogratz’s Galaxy Digital

Banking behemoth Goldman Sachs has started trading CME Group’s Bitcoin futures in partnership with Galaxy Digital, according to a June 18 CNBC report.

Mike Novogratz’s cryptocurrency firm will act as the bank’s liquidity provider.

As reported by U.Today, Goldman relaunched its cryptocurrency trading desk back in March. Earlier this month, it also announced its plan to expand into Ether trading.

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2025/07/03 08:47:01
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