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US senators tell athletes to avoid digital yuan, Chinese exchange volumes rebound … and more – Cointelegraph Magazine

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  Olympic battleAfter months of writing about the relentless actions of the Chinese government, this week we lead with a story from the US Government. On July 19, three US …

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SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week New data hints why Bitcoin price action has spent two months at $30KBitcoin (BTC) posted another week …

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"Twitter On Ethereum" Hinted By Aave Founder

“Twitter On Ethereum” Hinted By Aave Founder

Kulechov made the idea in light of Twitter organizer Jack Dorsey’s arrangements to assemble another stage for DeFi on Bitcoin.Aave Founder indicates at Social Media PlansStani Kulechov has his eyes set on decentralized web-based media. The Aave author shared his vision of a “Twitter on Ethereum” Saturday, referring to Jack Dorsey’s new declaration that he would assemble a Bitcoin-centered stage …

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Cointelegraph Magazine

DeFi can be halal but not DOGE? Decentralizing Islamic finance – Cointelegraph Magazine

While Islamic scholars have long wrestled with the question of whether cryptocurrency is halal, what if it’s really fiat that isn’t permissible?Islam has strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, or salt, among others. Waseem Mamlouk, from the DeFi platform Nimbus, argues that government-issued fiat currencies do not have any …

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Bitcoin

Bitcoin Turns Vulnerable, Why BTC Could Soon Test $30K

Bitcoin price extended its decline below $31,500 before recovering higher against the US Dollar. BTC is likely to face resistance near $32,200 and it might continue to move down. Bitcoin remains in a bearish zone and it recently traded towards the $31,000 level. The price is now trading well below $33,000 and the 100 hourly simple moving average. There is …

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More Than $40 Million of Digital Yuan Has Been Scattered By China in Red Envelopes, As Per Reports

China, which has seemingly the most developed computerized money project among driving countries, has so far distributed more than $40 million in red envelopes with advanced Yuan. The special mission for the CBDC is at present centered around five significant urban areas, considering their provincial advancement needs.Beijing parts with 269 Million Yuan in Digital CurrencyChinese Authorities are quickly pushing ahead …

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Binance news, Circle plans to go public, and bullish crypto comments: Hodler’s Digest, July 4–10

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week US financial regulator FinCEN hires its first-ever chief digital currency adviserThe United States Financial Crimes Enforcement Network, …

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