Cryptocurrencies are in the green Thursday morning, extending gains from the past few days. The top cryptocurrency, Bitcoin, retreated to near $8,150 after it breached $8,300 level late Wednesday.
Overall cryptocurrency market capitalization has returned to above $300 billion as of 10.11 am ET on CoinMarektCap.
Here is a wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours.
Coinbase Unveils Crypto E-Gift Cards In Europe, Australia
Cryptocurrency exchange Coinbase Inc. launched a new option for its customers in the EU and Australia, allowing them to instantly spend their crypto balances on e-gift cards. Coinbase has partnered with London-based online gift card startup WeGift to bring out the Crypto E-Gift Cards. Read more…
Indian Crypto Exchange Unocoin Suspends Rupee Deposits, Withdrawals
Indian cryptocurrency exchange Unocoin has temporarily disabled Indian Rupee deposits and withdrawals following the Reserve Bank of India’s ban on providing banking services to firms or individuals dealing in cryptocurrencies. The RBI ban came into effect from July 5. The exchange said it will resume the deposit and withdrawal services once an alternative method of funding is identified and deployed. Read more…
Cryptocurrency Luminaries In Fortune’s New ‘Ledger 40 Under 40 List’
A number of cryptocurrency luminaries dominate Fortune’s New “Ledger 40 Under 40 List” – a supplementary honor roll of the most impressive, young superstars under the age of 40, who are transforming business at the leading edge of finance and technology. Every year, Fortune prepares a list of “40 Under 40”, ranking the most influential young people in business. Read more…
Bill To Mandate FinCEN To Cover Crypto Crimes Introduced In House
A new bipartisan bill aimed at updating the mandate of the Financial Crimes Enforcement Network (FinCEN) to ensure focus on emerging methods of terrorism and illicit finance, including cryptocurrencies, has been introduced in the House of Representatives. Read more…
As of 10.12 am ET on Thursday, Bitcoin was up 0.07 percent at $8,190.07 and Ethereum was higher by 0.96 percent at $475.13 on Coinbase.
Read more at: RTT News