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[ad_1] The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of rising recession concerns in the United States.  Data from Cointelegraph Markets Pro and TradingView shows that an early morning onslaught by bears managed to drop Bitcoin (BTC) to a daily low of […]

[ad_1] United States-based cryptocurrency mining firm Core Scientific sold more than 7,000 Bitcoin in June to pay for servers, increase its data capacity, and settle debts. In a Tuesday announcement, Core Scientific said it had sold roughly $167 million worth of Bitcoin (BTC) in June at an average price of $23,000 — 7,202 BTC. The

[ad_1] UK regulator the Financial Conduct Authority (FCA) has recruited almost 500 additional staff members this year as part of its new three-year strategy. Among the new hires are six directors, whose appointments were announced July 5. Two of them come from backgrounds in policing. Director of payments and digital assets is newly created position

[ad_1] Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework for enhancing United States economic competitiveness in digital asset technologies, due from the Commerce Department on September 5. In preparation for that document, the Commerce Department

[ad_1] TitanSwap (TITAN), Waves (WAVES), and Chain (XCN) are some of the best tokens to get on June 22. In the last 24 hours, TITAN increased by 6%, WAVES by 15%, and XCN by 7%. All of these tokens have a bright future and could increase in value further. When it comes to underrated cryptocurrencies

[ad_1] Crypto marketplace WonderFi has completed the $30 million acquisition of Canadian crypto trading platform Coinberry. The acquisition was closed after being admitted to trading on the Toronto Stock Exchange last week. Following the admission, the company’s shares rose over 9% on the opening day. According to WonderFi, the deal was approved by Competition Bureau

[ad_1] The Ministry of Economic Development of Italy has announced that certain blockchain projects will qualify to apply for up to $46 million in government subsidies starting from September. In a Tuesday announcement, the ministry said companies and public or private research firms will be able to apply for funding from the government for the

[ad_1] World-leading on-and-off ramp solution for Web3 Banxa and top-grade crypto exchange AAX have entered into a partnership, Cointext learned from a press release. Clients can now buy fiat with crypto and vice versa through Banxa and with AAX.  Ben Caselin, AAX Head of Strategy and Research, said: The partnership with Banxa will allow us

[ad_1] Vauld, a crypto lending and exchange firm headquartered in Singapore, announced on Monday that it has suspended withdrawals, trading, and deposits on its platform, citing the current “financial challenges”. Vauld admitted that it is witnessing financial woes amid the ongoing market downturn, which it said prompted customers to withdraw about $198 million since June

[ad_1] Crypto hedge fund Three Arrows Capital (3AC) has had its goose finally cooked after failing to repay a $670 million loan owed to crypto brokerage firm Voyager Capital. But while what looks like a final nail has been hooked in place by Voyager via its notice of default issued on Monday, 3AC was already