Bitcoin Drops After $1.6B Monthly Options Expiry Posted on 2021-07-31 by Patrick The “max pain point” for the July expiry was $35,000. + News
Yunnan Companies Complete $580M in International Transfers Using Blockchain: Report Posted on 2021-07-31 by Patrick As of June, 208 companies had used the platform for 638 transactions. + News
Binance to Wind Down Derivatives in Europe; Malaysia Orders Closure Posted on 2021-07-31 by Patrick Users in some European countries will be unable to open new derivative positions, effective immediately. + News
Australian Lending Startup Loda Gets $15M to Further Crypto Collateralization Efforts Posted on 2021-07-31 by Patrick Loda is among the first of its kind in the country that allows users to borrow Australian dollars against crypto, its CEO said. + News
Cathie Wood’s ARK Invest Scoops Up 1.3M Robinhood Shares on Nasdaq Debut Posted on 2021-07-31 by Patrick The New York-based investment manager invests heavily in crypto and blockchain companies. + News
MicroStrategy CEO Likens Borrowing to Buy Bitcoin to Investing Early in Facebook Posted on 2021-07-31 by Patrick Michael Saylor defended his company’s debt-fueled, bitcoin buying spree over the last year by saying it continued to be a great investment. + News
Yele Bademosi Steps Down as CEO of Bundle Africa Posted on 2021-07-30 by Patrick Bademosi will be succeeded by Binance Africa director Emmanuel Babalola + News
Colombia’s First Commercial Bank Will Let Users Transfer Money to Crypto Exchange Posted on 2021-07-30 by Patrick Banco de Bogotá will allow money transfers with crypto exchange Buda.com as part of a pilot program in August. + News
MicroStrategy Plans to Continue Amassing Bitcoin Posted on 2021-07-30 by Patrick The Virginia-based company now holds more than 105,000 bitcoins. + News
New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes Posted on 2021-07-30 by Patrick The draft language could mean a number of individuals interacting with crypto may have to start reporting their transactions. + News