As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with the idea of blockchain-based products and services, stablecoins are one of the areas of fascination…
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The Narcotics Control Bureau Mumbai Zone nabbed Makarand P Adivirkar, a Mumbai resident, for allegedly facilitating the purchase of drugs in Bitcoin. According to NCB Mumbai officials, Adivirkar, also known as “Crypto King,” used to take commissions from those who wanted to convert their money into Bitcoin and then buy LSDs (a hallucinogenic drug) and…
The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. The analyst says there’s also a “more fundamental reason” to why bitcoin prices have been dropping in June and how the month of July may see “weakness” as…
[lwptoc] Bitcoin price dips below $34K as a day of Grayscale’s giant BTC unlocking draws near Downward volatility hits the market on Sunday, as market participants argue that most of the drop is already complete. Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be…
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. Billionaire Oleg Deripaska is the founder of Basic Element, a Russian industrial group focusing in areas such as…
