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UK NatWest Bank Restricts Daily Transfer Amount to Crypto Exchanges, Including Binance

Preventing fraud-related incidents, the British government began to crack down on the encryption industry. National Westminster Bank (NatWest) has tightened restrictions on cryptocurrency-related activities in response to the calling in the country. According to Reuters coverage on Tuesday, June 29, Natwest Bank has restricted its customers from using its financial transaction services to transfer money to cryptocurrency … Continue reading UK NatWest Bank Restricts Daily Transfer Amount to Crypto Exchanges, Including Binance

Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility

Argo Blockchain Plc, a London-based publicly listed crypto mining firm, has announced that it has secured a £14 million ($20 million) loan from Galaxy Digital. As unveiled by the firm, the loan will last six months and support the firm in its expansion drives without selling off its current Bitcoin holdings. According to the firm, the … Continue reading Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility

Western Union Counts its Losses in Advance as El Salvador Bitcoin Era Begins

Western Union and the majority of money service providers operating in El Salvador may lose their grip in the country as the new Bitcoin era becomes entrenched. CNBC reported, citing El Salvadorans living in the diaspora, there is an excitement about the potential reduction in remittance fees being passed on by companies like Western Union onto their … Continue reading Western Union Counts its Losses in Advance as El Salvador Bitcoin Era Begins

Bitcoin Exchange Outflow Reaches its Lowest Mark in Over 3 Years

Cryptocurrency exchanges have continued to see outflows in Bitcoin (BTC) balances, a trend that shows investors are either selling off or embracing alternative ways of safeguarding their assets. According to data from Glassnode, a steep decline occurred in the overall balance on trading platforms over the past week, a new trend that is becoming visible following … Continue reading Bitcoin Exchange Outflow Reaches its Lowest Mark in Over 3 Years

Bitcoin Dips to Lowest Level in Five Months below $39K

Bitcoin dipped to its lowest level in more than five months as cryptocurrencies sank with risk aversion sweeping worldwide markets. This is the second time this year that the world’s largest digital currency by market value has fallen below $40,000 hitting $38,642 mid-way through the Asia trading session. According to CoinGecko, Bitcoin was down by … Continue reading Bitcoin Dips to Lowest Level in Five Months below $39K

Ruble-Crypto Trading Soars amid Western Sanctions on Russia

On Monday, trading volumes between the Russian ruble and the Tether cryptocurrency surged as Western powers slapped sanctions on Russia over the Ukraine-Russia war, Reuters reported on Feb. 28. Interest towards cryptocurrencies has surged to avoid economic stress and protect their funds and savings from the Russian invasion of Ukraine, Western sanctions, as well as … Continue reading Ruble-Crypto Trading Soars amid Western Sanctions on Russia

West Ham United Inks Deal with Fetch.ai, Harnessing the Power of AI & Blockchain

West Ham United, one of the top football clubs in the English Premier League (EPL), has selected Fetch.ai as its official artificial intelligence partner for the women’s and men’s teams. As artificial intelligence (AI) and machine learning-based blockchain platform, Fetch.ai will improve business and day-to-day activities at West Ham United.  For instance, by using digital … Continue reading West Ham United Inks Deal with Fetch.ai, Harnessing the Power of AI & Blockchain

Bitcoin Falls to the Lowest Level since Dec 2020

Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko. Prior to that, the cryptocurrency had fallen even further to $24,903.49 – levels not seen since December 2020. The dip in the value of Bitcoin shows a loss of … Continue reading Bitcoin Falls to the Lowest Level since Dec 2020

Holon Partners with Gemini, Launches Australia’s Lowest Fee Crypto ETFs

Holon, a digital asset venture capital firm and fund manager based in Australia, announced on Thursday that it has launched the first unlisted retail Bitcoin (BTC), Ether (ETH), and Filecoin (FIL) funds in Australia. Holon said it has enabled such crypto offerings through a partnership with the Gemini crypto exchange. According to the report, the … Continue reading Holon Partners with Gemini, Launches Australia’s Lowest Fee Crypto ETFs

Trademark Applications Show Western Union Entering Crypto Space

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