🌈 DALLAS SYMPHONY ORCHESTRA RELEASES CLASSICAL MUSIC NFTs ON RARIBLE 🌈
⚡️The opening bid for an NFT featuring the video of an emotional musical concert held in May will be $50,000 ON NFT marketplace Rarible.
✅There will also be 15 NFTs priced at $1,000 each featuring a video of the first movement, an interview with Luisi and a ticket to the 2022 reunion concert.
✅Finally, there will be 25 NFTs priced at $100 of an audio of the final movement of Mahler’s First Symphony with photos of the musicians and the performances.
🔥 PAYPAL’S CRYPTO ‘SUPER APP’ SET TO ROLL OUT SOON 🔥
📍Dan Schulman said the project was already “code complete” and planned to be fully ramped in the United States in the next several months.
✅ Payment provider company PayPal said its users may not have much longer to wait to have greater crypto functionality through the platform.
✅The super app wallet will feature high yield savings, early access to direct deposit funds, messaging capability, “additional crypto capabilities,” and more. Schulman said each wallet would be “unique, driven by advanced AI and machine learning capabilities.”
✏️ Existing Binance users will be unable to withdraw more than 0.06 BTC per day without completing full KYC verification, effective in August.
✏️ Binance will continue applying new withdrawal limits for existing users in phases starting from Aug. 4. The exchange expects to have adopted new withdrawal restrictions entirely by Aug. 23.
✏️ Binance users who have completed full identity verification will be still able to withdraw up to 100 BTC in a day, or nearly $4 million at BTC prices
✏️ Bitcoin (BTC) returned to $40,000 on Wednesday as bulls and bears waged a tug-of-war for hard-won higher ground.
✏️ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $40,200 overnight, sealing a rare eight straight green daily candles in a row.
✏️ Investors had been initially skeptical of the strength of the initial rally, which began Monday, after a snap surge past the $40,000 mark followed by a roughly 9% correction.
❌ BINANCE TO DELIST EUR, GBP AND AUD MARGIN TRADING PAIRS ❌
📍Global cryptocurrency exchange Binance continues restricting support for some of its trading services amid an ongoing regulatory crackdown.
✅ Binance officially announced Monday that the exchange would delist margin trading pairs for three fiat currencies: the euro, the Australian dollar and the British pound sterling.
✅ According to the announcement, Binance will suspend the mentioned fiat trading pairs on Aug. 10 and then switch to automatic settlement and cancel all related pending orders. The isolated margin trading pairs will have been entirely delisted from the exchange by Aug. 12.
GLOBAL CRYPTO ATM INSTALLATIONS HAVE INCREASED BY 70% IN 2021
2021 has seen the installation of over 10,000 new crypto ATMs worldwide, with the United States taking the lead.
Alongside cryptocurrency’s decade-long adoption drive, the momentum behind the installation of crypto ATMs continues across the globe. Based on Coin ATM Radar’s latest data, crypto ATM installations in 2021 have witnessed a spike of 71.73%, pulling up the numbers from 13,993 on Jan. 1 to 24,030 at the time of reporting.
Last year, the global count rose to 13,993 ATMs with a 119.56% growth after 7,620 new machines were installed. So far, 2021 has seen the installation of 10,037 ATMs. To keep things in perspective, data suggests that crypto ATMs are being installed at a speed of roughly 52.3 ATMs per day.
FXT token taps into Binance Smart Chain following ERC-20 success
Crypto trading platform FXT (not to be confused with Sam Bankman-Fried’s FTX) announced the launch of a BEP-20 token after its ERC-20 token witnessed an impressive 1,500% growth since its launch back in January.
The new token, which is built on Binance Smart Chain, is designed to reduce transaction costs and settlement times compared with its Ethereum-based predecessor. In addition to increasing the altcoin’s overall performance in efficiency and utility, FXT intends to list its token across several crypto exchanges to make it globally available.
BEP-20 token would “replicate the success of its variant — ERC-20 Token.”
Amazon plans to accept Bitcoin payments this year, claims insider
An anonymous source within Amazon has reportedly told London business newspaper City A.M. that the e-commerce giant is planning to accept Bitcoin (BTC) payments by the end of 2021, possibly setting the stage for broader mainstream acceptance of crypto transactions.
While Bitcoin is the first step in Amazon’s crypto ambitions, executives at the company were keen to add other established cryptocurrencies in the future. The “directive is coming from the very top,” referring to Jeff Bezos.
In addition to accepting Bitcoin payments, Amazon is said to be exploring the creation of its own cryptocurrency, possibly as early as 2022.
$10B asset manager registers new Bitcoin fund with SEC
Stone Ridge Asset Management, the alternative investment manager behind New York Digital Investment Group, has filed a new prospectus with the United States Securities and Exchange Commission, or SEC, to add Bitcoin (BTC) to its open-end mutual fund.
The prospectus for Stone Ridge Bitcoin Strategy Fund appeared on the SEC website on Friday, though the actual filing is dated July 26, 2021. The Fund is part of an investment portfolio of Stone Ridge Trust, an open-end investment company registered in Delaware.
Facebook continues to implement a plan to test Blockchain technology.
Diem is a blockchain-based payments platform by the social media giant, Facebook. Formerly known as Libra, the goal of the project is to build a “creative and innovative financial network” and also includes expansion plans to launch a stablecoin.
This time, the policy of technology billionaire Mark Zuckerberg is to shake hands with the successful project of 2 coins Pontem and Polkadot. With the goal of cooperation for development, Diem’s Blockchain promises to be a potential project in the financial market