• Di. Jul 27th, 2021

GBTC premium matches Bitcoin price crash levels as unlocking fear fades

The Grayscale Bitcoin Trust (GBTC) is echoing bullish sentiment in Bitcoin (BTC) as its premium over spot price rises to its highest since May. Data from analytics resource Bybt shows…

Solana hackathon aims to bolster crypto innovation in India

Blockchain platform Solana announced an open invitation to Building out Loud, a hackathon venture exclusively for Indian developers and entrepreneurs. According to the official statement, Solana plans to launch the 3-week…

Yahoo! Japan works with Line to launch NFT trading

Major Japanese internet company Yahoo! Japan has partnered with messaging giant Line to launch nonfungible token (NFT) trading. Line officially announced Tuesday that its cryptocurrency-focused subsidiary LVC Corporation would collaborate…

Huobi winds down former exchange operator in China

Stakeholders in the Chinese firm that was founded to operate cryptocurrency exchange Huobi have resolved to dissolve the entity, according to publicly available records. The firm, Beijing Huobi Tianxia Network…

Bitcoin price seeks higher low as trader forecasts $45K breakout within weeks

Bitcoin (BTC) traded steady on July 27 after a surge above $40,000 resulted in higher levels broadly holding. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All eyes on Bitcoin higher…

Kazakhstan to reportedly allow banks to process crypto purchases

The Kazakhstan government is reportedly planning to officially authorize local banking institutions to open bank accounts for cryptocurrency transactions. Several banks in Kazakhstan will soon be officially approved to service…

India to use Ethereum blockchain to verify diploma certificates

The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates.  In an effort…

Institutions continue offloading BTC exposure despite price rebound

Investments in institutional Bitcoin products have continued to decline this past week. In its July 26 Digital Asset Fund Flows report, CoinShares notes institutional crypto products have experienced outflows for…

Amazon denies rumored plans for Bitcoin support

Amazon has refuted recent speculation it may be readying to support Bitcoin payments, asserting it currently has no plans for BTC. According to a Reuters report on July 27 citing…

Bitcoin price drop to $37K has analysts wary of calling a ‘trend change’

Bull market optimism returned to the cryptocurrency market on July 26 after Bitcoin (BTC) price rallied above the $40,000 level for the first time in over six weeks. Today’s rally…