Bitcoin (BTC) fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Markets expect first Fed pause since 2021 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to circle $26,000, avoiding major volatility. The largest cryptocurrency saw…
Month: June 2023
Apple App Store Says Damus Has 2 Weeks to Cut Bitcoin Tipping or Get Booted
Decentralized social networking app Damus was today warned by Apple’s App Store that it has fourteen days to bring its tipping feature into compliance or it will face removal from the app store, according to a tweet by Damus on Tuesday. Damus’s tipping function—known as “zaps”—lets users send Bitcoin to their favorite content creators via the blockchain’s second-layer Lightning Network,…
SEC concerned over ‘Ether is not a security’ statement
Newly released documents showing edits that were made to a 2018 speech given by former director of the Security and Exchange Commission’s (SEC) corporate finance division Bill Hinman suggest the editors were concerned his statement might undermine the idea that Ether (ETH) is a security. This could risk locking the agency into a position it would find hard to change…
XRP Jumps After Unsealing of Highly-Anticipated Hinman Documents
Tuesday marks an important day in the ongoing legal battle between payment company Ripple and the U.S. Securities and Exchange Commission (SEC), as the Hinman documents, believed to provide crucial arguments for the case, have now been unsealed. The Hinman documents pertain to internal communications within the SEC regarding a speech delivered by former SEC Director William Hinman in 2018.…
Unfazed by SEC tumult, top banks work to make blockchains interoperable
Amid all the tumult in the crypto world, some of the world’s largest banks have been quietly reflecting on ways to bring digital assets to institutional customers. And last week, a plan emerged. A collaboration, under the guidance of the Society for Worldwide Interbank Financial Telecommunication, better known as Swift — the global financial communication and payments network — will…
Guy Fieri and Sammy Hagar’s Tequila Brand Launches NFT Loyalty Program
Santo Spirits, the tequila company co-founded by Grammy award-winning musician Sammy Hagar and famed television chef Guy Fieri, is the latest brand to jump into Web3 to create a customer loyalty program built around NFTs. The Santo Spirits Club—which is built on Near Protocol—launches today with fans awarded a mystery NFT upon signing up. The first 1,000 customers will also…
How to Sell Crypto with Mercuryo Widget?
beginner So, you’ve been trading crypto for a while, and now want to convert back to fiat. Well, we’ve got you covered! You can easily exchange your crypto to fiat (and back!) on our platform. All crypto sales on Changelly are done via Mercuryo — a fintech platform that offers a wide range of financial services. With Mercuryo, it’s easy…
Peter McCormack’s Real Bedford Football Club puts Bitcoin on the map – Cointelegraph Magazine
Buying a small-town soccer club with the aim to propel it into the Premier League — the world’s most popular football league — is a script suitable for a Netflix series. In fact, actor Ryan Reynold’s bid to revitalize lower-league Welsh soccer team Wrexham FC has already caught the attention of Disney+ writers. It’s a quaint, quintessentially British underdog story…
Apple to delist Nostr-based Damus app for Bitcoin tip feature
Due to its Bitcoin (BTC) tipping feature, the decentralized social media app called Damus could face the axe from the Apple app store. The creators behind the decentralized social media platform shared a warning letter from Apple on June 13. The letter warned that the app will be removed from the platform because of the “Zaps” feature that allows people…
Bitcoin, Ethereum Rise as Inflation Eases to 4% in May
Cryptocurrency prices edged upwards on Tuesday after a widely-watched inflation gauge bolstered traders’ belief that the Federal Reserve could skip raising rates at a key meeting later this week. The Consumer Price Index (CPI) rose 4% in the 12 months through May, the Bureau of Labor Statistics (BLS) said Wednesday, matching economists’ expectations. The index, which tracks price movements across…