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Bitwise CEO: Bitcoin Should Move on From ‘Digital Gold’ Narrative as It Reaches Mainstream Adoption
15.6.2024
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation...
El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies
15.6.2024
Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an opportunity to liberate the country from central banks...
Home miners may benefit from NiceHash, Marathon Digital collaboration
15.6.2024
The new NiceHash firmware will combine the advantages of two products
Mining execs establish organization to influence US crypto voters
14.6.2024
A board member of the Bitcoin Voter Project described the group as nonpartisan and planned to take a different approach than initiatives like Stand With Crypto
Worldcoin to Establish Latam Hub in Argentina Despite Heavy Scrutiny
14.6.2024
Worldcoin, the biometric identification project, has announced a new expansion process in Argentina, where it reportedly will seek to open 50 new locations with eye-scanning hardware. The announcement comes after Buenos Aires indicted Tools For Humanity, the company behind Worldcoin, for including...
Gemini reaches $50M settlement with New York AG over Earn program
14.6.2024
Gemini Trust said that affected Earn users could expect “100% of the assets owed to them” within seven days
Foreign crypto exchanges eye India for business opportunities
14.6.2024
Following the re-entry of Binance and Kucoin on Indian soil, four more foreign exchanges are viewing the country as a lucrative place to run their operations. They have put out feelers and making the right sounds. In the case of Binance and Kucoin, they received consent from the financial...
Turkey targets Crypto with new 0.03% transaction tax
14.6.2024
Turkey introduced a 0.03% tax on crypto transactions as part of a major fiscal reform to address the budget deficit caused by recent earthquakes
Solana memecoin sector (BONK, WIF, BRETT) crushes competition, but RCOF is ready to surpass them
14.6.2024
Analysts expect massive surges in Solana’s imminent performance, as traders have spotted an exciting investment opportunity in several Solana memecoin offerings such as Bonk (BONK), Brett (BRETT), and dogwifhat (WIF). On the other hand, RCO Finance (RCOF) has the potential to outperform these...
UK’s crypto manifesto to lead in fintech, online assets & tokenization
14.6.2024
UK has come out with its Stand with Crypto manifesto, suggesting the island country to be projected as a top player in fintech, online assets, and tokenization for increasing investments, impacting productivity, as well as overall growth and the UK economy in general. This is taking place at...
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
14.6.2024
According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further analysis reveals that since May 13, approximately $7.05...
Shiba Inu makes history as first meme coin for Web3 food delivery
14.6.2024
The Shiba Inu community has been in awe from the time the members learned that they could leverage their holdings to pay for Web3 food delivery. The first order has already been placed and settled using SHIB. The order was placed via DevourGO with the mechanism backed by Coinbase Commerce...
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
14.6.2024
Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto asset’s market capitalization is $1.31 trillion, and the 24-hour trading volume is $23.92 billion. Technical analysis across multiple time frames indicates...
Concerns remain over buying Bitcoin amid fear of inflation elevation
14.6.2024
The demand for Bitcoin via Spot ETF is fluctuating. This stems from the fear of inflation elevation despite the number indicating a soft decline in May 2024. The inflation figure for the US in May stands at 3.3%. Economic projections estimate that the number may go further down but the pace will...
Solana introduces its scaled version of Solana Pay for Shopify
14.6.2024
Solana has delivered its scaled version of Solana Pay plugin, boosted by Helio and targeting Shopify, with added features for more convenient processing of payments. Over and above that, is the introduction of attractive loyalty schemes, along with a simplified way of connecting with one’s Shopify...
Lil Pump and dump: Rapper tattoos ‘Solana’ on forehead after selling SOL tokens
14.6.2024
Lil Pump’s new Solana tattoo sparked mixed reactions from fans and the crypto community, with some criticizing and others celebrating the move
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
14.6.2024
The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South Africa account for the lion’s share of Pick...
Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round
14.6.2024
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in its seed funding round led by Paradigm and Cyber.fund, which will be used...
Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto
14.6.2024
Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and the introduction of bitcoin spot exchange-traded funds (ETFs). “The...
Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court
14.6.2024
The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits...