China and Turkey are not alone. It looks like Bitcoin may have another black streak that will prevent the cryptocurrency from consolidating at $42,000 and going into a bullish trend.
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The Chinese capital's municipal government has fully integrated the digital yuan into the payment ecosystem as part of improving CBDC testing.
Hong Kong-based payment platform Crypto.com has appointed a new head of growth. Henrik Johansson, the former top manager of streaming music service Spotify, became the new head of growth.
The German government has passed a formal law allowing institutional investors to officially purchase Bitcoin and other cryptocurrencies, directly from the open market. Digital assets must be displayed on the balance sheet and account for no more than 20% of total investments.
PHILIPP PLEIN Group has become the first fashion holding in the world to start accepting cryptocurrency payments.
A recent survey among holders of digital assets showed that more than 60% of respondents not only want to invest in cryptocurrencies, but also pay for various online purchases (services and goods) with them.
Hong Kong-based FTX has become the first crypto derivatives exchange to undergo a full US GAAP audit of its financial statements. This audit is mandatory for all large U.S. companies or publicly traded firms planning to issue shares.
After listing on the Pancakeswap exchange, ShuttleOne has launched a rewards program for liquidity providers. The rewards will be up to SZO 400,000.
As more and more countries introduce their central bank digital currency projects, it is worth rejecting the common misconception that CBDC and cryptocurrency are the same thing.
In the U.S. leadership at various levels, many periodically raise the question of the feasibility of launching a digital dollar (CBDC).
After listing on the Pancakeswap exchange, ShuttleOne has launched a rewards program for liquidity providers. The rewards will be up to SZO 400,000.
Bank of America provided unexpected support to the government of El Salvador in introducing Bitcoin into its financial system. One of the largest U.S. banks thought that Bitcoin could help develop the country's financial structure.
Starting next week, a flood of institutional investments could follow from Germany. On Monday, Aug. 2, a law comes into force that allows German institutional investors - in the Spezialfonds category - to invest in bitcoin (BTC) and other cryptocurrencies.
