Day: July 9, 2022

Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’

2022-07-09 By admin

This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over the Covid-19 pandemic, shut down businesses and injected trillions into the economy. The discussion touches upon […]

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

2022-07-09 By admin

On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether Liquidates Bitcoin Loan Taken […]

Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners

2022-07-09 By admin

Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining. Tavanir Raises Fines for Illegal Cryptocurrency Mining The Iran Power Generation, Transmission and Distribution Company (Tavanir) has adopted new, […]

Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday  

2022-07-09 By admin

ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. Cosmos (ATOM) After almost ten consecutive sessions of higher highs, ATOM was […]

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

2022-07-09 By admin

The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will be better than the current one. Russia’s Minfin Open to Legalizing […]

Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

2022-07-09 By admin

The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed on the crypto exchange platform Bitmart. The Water Network A South Africa-based water infrastructure […]