Cryptocurrency news

News on cryptocurrencies; Bitcoin, Ethereum Gains, Dogecoin Increases11%

Crypto news around the world

America

Janet L. Yellen, Secretary of the United States Treasury, announced plans to convene the President’s Financial Markets Task Force, as well as the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, to discuss the work potential interagency on stable coins. . The meeting is scheduled for Monday July 19.

El Salvador

The Salvadoran government plans to develop a national cryptocurrency that customers can use to pay for services, according to El Faro, a Latin digital newspaper.

According to the report, Ibrahim and Yusef Bukele, brothers of the country’s president, Nayib Bukele, have promised potential investors that the cryptocurrency, now known as the Colon dollar, will be introduced by the end of 2021.

Crypto news around the world

Crypto news around the world

Malaysia

Eight people were arrested after Malaysian police seized 1,039 bitcoin mining devices worth RM 5.3 million (US $ 1.3 million). In combined operations with Sarawak Energy (SEB), the region’s power company, police in the northeastern town of Miri, confiscated the devices between February and April, according to Bernama.

Alibaba Art Festival

NEAR Protocol is working with Web3Games, a blockchain games company, and Chinese artist Heshan Huang to sell its non-fungible token (NFT) -based “real estate” at Alibaba’s Taobao Maker Festival this year. NFTs, which are mostly built on decentralized public channels with native coins, appear to have escaped China’s new crypto crackdown.

Crypto news around the world

Crypto news around the world

Square crypto exchange

Square unveiled a new initiative called ‘TBD’, which “focuses on establishing an open development platform with the explicit aim of facilitating the creation of non-depository, unlicensed and decentralized financial services,” according to the CEO Jack Dorsey. The platform will be developed in a completely public way, according to Dorsey: “open roadmap, open development and open source”.

SoftBank investment

SB Northstar, a Tokyo-based SoftBank investment subsidiary, has pledged to invest $ 75 million in Block.one’s new crypto exchange, Bullish.

SoftBank will buy 7.5 million shares for $ 10 each under Bullish’s impending Special Purpose Acquisition Agreement (SPAC), according to a filing with the U.S. Securities and Exchange Commission. Bullish has a market capitalization of $ 9 billion.

Latest Prices and Trends of Popular Cryptocurrencies

Latest Prices and Trends of Popular Cryptocurrencies

Bitcoin

The current price of Bitcoin is $ 31,883.70, with a transaction volume of $ 19,196,711,716 in the last 24 hours. Over the past 24 hours, Bitcoin has gained 1.25%. With a live market cap of $ 598,122,206,916, CoinMarketCap currently ranks # 1.

Ethereum

With a 24-hour trading volume of $ 14,438,190,514, the current price of Ethereum is $ 1,959.95. Over the past 24 hours, Ethereum has gained 4.16%. With a live market cap of $ 228,799,493,639, CoinMarketCap currently ranks second.

Latest Prices and Trends of Popular Cryptocurrencies

Latest Prices and Trends of Popular Cryptocurrencies

Attached

Tether is currently trading at $ 0.999871, with a 24-hour trading volume of $ 39,320,655,474. In the past 24 hours, Tether has lost 0.09% of its value. With a live market cap of $ 61,976,270,786, CoinMarketCap currently ranks third.

Dogecoin

With a 24-hour trading volume of $ 2,585,628,173, the current price of Dogecoin is $ 0.188283. In the past 24 hours, Dogecoin has risen 7.86 percent. With a live market cap of $ 24,567,337,264, CoinMarketCap now ranks 8th.


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