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Bitcoin Fluctuates Around USD 39K, Ethereum and Altcoins Recover Losses
17.6.2021
Bitcoin price failed to stay above the USD 40,000 pivot level and it extended its drop after the Fed news. BTC broke the USD 38,500 support, but the bulls protected USD 38,000. It is currently (04:58 UTC) trading around USD 39,000.
Besides, most major altcoins are recovering losses. ETH declined...
Bybit-backed BitDAO Announces USD 230M Funding Round to Fuel R&D
16.6.2021
The recently created decentralized autonomous organization (DAO) BitDAO says it has raised over USD 230m from a private sale funding round.
In a press release shared with Cryptonews.com, the DeFi group stated that it had received support from the likes of Peter Thiel, the Founders Fund, Pantera...
Fidelity Executive Believes Bitcoin’s Price ‘Bottom Is in’ After Last Month’s Market Carnage
15.6.2021
On Monday, Jurrien Timmer, director of global macro at Fidelity and co-manager of the Fidelity Global Strategies Fund, told his 56,000 Twitter followers his perspective on the current bitcoin prices. “In my view, it looks like the bottom is in,” the Fidelity executive explained, sharing...
Will Cardano (ADA) Ever Reach $100?
15.6.2021
Cardano is facing some difficulty in breaking the resistance zones and trading in a consolidated range has become frustrating for investors. Currently, ADA is sandwiched between Binance coin having a market cap of $57 billion and Dogecoin with a market cap of $42 billion. At the current valuations...
MicroStrategy Gets Another USD 500M To Spend on Bitcoin + More News
14.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
MicroStrategy confirmed that it has raised USD 500m in order to buy more bitcoin (BTC). They would spend USD 488m of this...
Bitcoin Breaks USD 41,000 While Paul Tudor Jones Doubles Down On It
14.6.2021
Paul Tudor Jones. Source: a video screenshot, Youtube, Goldman Sachs
After three weeks of being stuck below the USD 40,000 level, bitcoin (BTC) finally broke it and went even higher. Meanwhile, famous hedge fund manager Paul Tudor Jones says he certainly wants 5% of his portfolio in BTC.
BTC...
Bitcoin Rallies Again – Will It Cross $40000?
14.6.2021
The rise in interest and acceptance of El Salvador as their official currency was pushing BTC above the support levels, but the new possibility of being used as a currency for buying Tesla’s has created a huge impact on BTC. With some more positive news, Bitcoin price can move ahead to test...
Bitcoin Eyes USD 40K Amid Musk Statement, Taproot Confirmation
14.6.2021
The most popular cryptocurrency, bitcoin (BTC), almost touched USD 40,000 today as Tesla's Elon Musk send a positive message, while activation of an important Bitcoin upgrade was confirmed.
Monday morning (UTC time), BTC surpassed USD 39,800 before correcting lower. At 03:31 UTC, it trades at...
Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’
13.6.2021
The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.S. embargo creates for the national bank system.” Cuba Bans USD Deposits, BCC Tells...
Solana Seeks to Fast-Forward Blockchain By Raising $314 Million
11.6.2021
Solana, a cryptocurrency startup, declared earlier on Wednesday that it had raised via a private sale a total of $314 million. Solana is amongst the world’s leading decentralized blockchain applications. Spearheaded by Andreessen Horowitz along with Polychain Capital, the token sale round has other...
Polkadot, Kusama Rally On USD 100M Parachain Lease Auction News
10.6.2021
Native tokens of sister networks Polkadot (DOT) and Kusama (KSM) have rallied today following a start of Parachain Auctions as Acala Network raised over USD 100m in KSM for its Karura network.
DOT has appreciated nearly 10% in the past 24 hours, and currently (09:30 UTC) trades at almost USD...
Ledger Valued At USD 1.5B, Plans DeFi Solutions, Own Operating System
10.6.2021
France-based major manufacturer of crypto hardware wallet Ledger said it has "ambitious plans" in DeFi and other new services as it raised USD 380m, valuing the company at more than USD 1.5bn.
"The Series C fundraising will allow Ledger to realize these ambitious plans by further...
'Locked-Out' Users Sue Coinbase For North of USD 5M
9.6.2021
Source: A screenshot, Instagram, Coinbase
Six Coinbase users are taking the crypto exchange giant to court to seek more than USD 5m in compensation for themselves and other users who were allegedly locked out of their accounts for several months or longer at a time.
According to a complaint filed...
Solana Rallies On USD 314M Investment News
9.6.2021
Anatoly Yakovenko, Founder and CEO of Solana. Source: A video screenshot, Youtube/Solana
Solana (SOL) said it raised USD 314m in order to accelerate the growth of this blockchain platform, fueling a rally in the market.
At 13:09 UTC, SOL, ranked 11th by market capitalization, trades at USD 42.6...
MicroStrategy Sees USD 1.6B Interest in Their Bitcoin Offer - Report
9.6.2021
US-based software developer MicroStrategy has received approximately USD 1.6bn in orders for the recently announced private offering of secured notes, Bloomberg reported, citing undisclosed people with knowledge of the marketing process.
Per the report, this interest includes that from "a...
Polygon & Hip Protocol Announce a $200k Liquidity Program
9.6.2021
Despite the ongoing fluctuations experienced by the crypto sector, Polygon keeps on expanding its market reach. Now, the stacking solution is joining hands with the Hop Protocol. The collaboration will see Polygon (previously Matic Network) releasing a $200,000 liquidity program. It will also...
Celebrating Upland’s Genesis Week With a Big Bitcoin Giveaway
8.6.2021
Upland.me is a blockchain-based game in which users can buy, sell, and trade virtual NFT properties mapped to the real world. By becoming a digital landowner, users can build properties, earn UPX coins, and even cash out their gains to USD. Currently open in cities including NYC, San Francisco...
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation
8.6.2021
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to be very heavily regulated. Trump Thinks Bitcoin Is a Scam, Wants Heavy...
Microstrategy Offers USD 400M Bitcoin Market Test
7.6.2021
MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal - A Bitcoin Channel
One of the most bullish non-crypto companies, US-based software developer MicroStrategy is putting the markets to the test - they're planning to raise more money in order to purchase more bitcoin...
Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio
5.6.2021
Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider