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First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News
20.6.2022
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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Read More: First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News
Bibel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’
20.6.2022
Crypto-financial services provider Babel Finance claims to have reached certain “preliminary agreements” with “major” and “relevant” players on the repayment period of “some debts” – easing its short-term liquidity pressure.
Per today’s notice by the company,...
Read More: Bibel Finance...
US Fed to Blame for Downturn, Large Crypto Players Have Responsibility Toward Ecosystem - FTX CEO
20.6.2022
With crypto prices continuing to slide, Sam Bankman-Fried, the outspoken CEO of major crypto exchange FTX, argued that the US Federal Reserve (Fed) is to blame for the ongoing downturn, but that large companies such as his have a responsibility to step in and make efforts to contain...
El Salvadoran Government to Back New Token, Bukele Says ‘Don’t Panic’ About Falling Bitcoin Prices
20.6.2022
El Salvador’s government is readying another crypto move – some nine months after it officially adopted bitcoin (BTC) as legal tender.
Per ElSalvador.com, the website of the newspaper El Diario de Hoy, the state is unperturbed by the current “difficult scenario for digital assets,” and...
Bitcoin and Ethereum Inch Higher But Downtrend Intact, Altcoins Rally
20.6.2022
This past weekend, bitcoin extended losses below the USD 20,000 support level and even tested the USD 17,500 zone before the bulls appeared. It is currently (04:05 UTC) trading near USD 20,050 while a major hurdle is near USD 21,200. BTC is up 9% in a day and down 25% in a week....
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Bitcoin Dives Below USD 20,000
18.6.2022
Bitcoin (BTC), the most popular cryptocurrency and cryptoasset, dropped below USD 20,000 for the first time since December 2020, while the second-largest cryptoasset, ethereum (ETH), is on the verge of breaking the USD 1,000 level for the first time since January 2021.
At 08:12 UTC, BTC trades...
Top 5 New Crypto Books to Read in 2022
18.6.2022
While podcasts seem to have taken over as the most popular medium for educational content in the cryptocurrency space, crypto books remain an excellent way to learn about Bitcoin (BTC), Ethereum (ETH), digital assets, and other crypto technologies.
Read on to discover a list of five recently...
Bitcoin Better at Tackling Rate Hikes than Ethereum, Stocks - Report
17.6.2022
Bitcoin (BTC) is the best asset to “moderate the economic impact” of major interest rate announcements, according to a new report from Babel Finance, a crypto-financial services provider.
The report, written by Babel Finance analysts Robbie Liu and Yuanming Qiu, arrived at its conclusions...
Kazakhstan Develops New Program to Team Up Crypto Exchanges with Banks
17.6.2022
As countries across the world intensify efforts to attract crypto industry players, the authorities of Kazakhstan have launched a pilot program to encourage selected local banks to partner with licensed crypto exchanges.
In a statement, the country’s government said that the exchanges that...
Panama's 'Lost Crypto Opportunity', Thailand's Huobi Closing, Canada's Bitvo Acquired by FTX + More News
17.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Panama's 'Lost Crypto Opportunity', Thailand's Huobi Closing, Canada's Bitvo Acquired by FTX + More News
Russian Central Bank Ready to Make Crypto Regulation Concessions, Hints Governor
17.6.2022
Russia’s Central Bank chief Elvira Nabiullina has stated that she is prepared to allow the nation to do business in crypto – as long as it does not enter the Russian financial system and is only used in international settlements. But the country’s finance ministry, which favors legalization...
Bitcoin and Ethereum Approach Crucial Juncture, Altcoins Move Lower
17.6.2022
Bitcoin price struggled to clear the USD 23,000 resistance level and dropped below USD 21,200. It is currently (04:09 UTC) showing bearish signs near USD 20,400 and is down 8% in a day and 32% in a week.
Similarly, most major altcoins are also moving lower. ETH is trading below the key...
'The Reckoning' & 'The Best Time' to Enter Bitcoin Mining as Firms Diversify Amid Bear Market
16.6.2022
Some Bitcoin (BTC) and crypto miners are working to diversify their operations amid the bear market, trying to gain revenue streams unrelated to mining. At the same time, the current market reveals “who has been conservative and who has been ‘apeing’ in,” panelists at a mining discussion...
Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News
16.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News
Bitcoin, Ethereum Struggle a Day After Fed's Record Rate Hike as Analysts Hope for a Bounce
16.6.2022
The bitcoin (BTC) and broader crypto market failed to recover higher and returned to the selloff on Thursday, after a brief rally following the US Federal Reserve’s (Fed) announcement on Wednesday that it had raised rates by 75 basis points, its largest rate hike since 1994....
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Three Arrows Capital ‘Ghosted Us’ After USD 1M Went Missing, Trading Firm Claims
16.6.2022
The drama surrounding the troubled crypto hedge fund Three Arrows Capital is continuing, with one trading firm now saying USD 1m was removed from its trading account by the hedge fund, and that Three Arrows Capital’s co-founder Kyle Davies can no longer be reached....
Read More: Three Arrows...
MetaMask, Phantom, Brave, and XDefi Wallets Patch 'Demonic Critical Vulnerability' Before an Attack
16.6.2022
A number of prominent browser extension wallets, including Ethereum (ETH) wallet MetaMask, Solana (SOL)'s Phantom, Brave, and cross-chain wallet extension XDefi, have patched a "critical vulnerability" that could have exposed sensitive login credentials if specific conditions were met.
The...
Bitcoin and Ethereum Try to Recover, ADA, SOL, and DOGE Rally
16.6.2022
Bitcoin price traded close to the USD 20,000 support zone before the bulls appeared. BTC formed a base and started a recovery wave above the USD 22,000 level. It is currently (04:02 UTC) consolidating near USD 22,300 and facing resistance near USD 23,000. BTC is up almost 4% in a day and down...
Visa Rolls out Multiple ‘Bitcoin Cashback’ Cards with Partners in Brazil, Argentina
16.6.2022
The payments giant Visa has launched its first crypto cards in the Latin America region – and will debut its new products in Brazil and Argentina via a number of new partner firms.
Per the media outlet Expansión, Visa has “announced an alliance” with various fintech companies and IT startups...
One in Seven Wealthy People Now Owns ‘Digital Assets’ – Survey
15.6.2022
A new report has found that global high-rollers are spending more money than ever on crypto, which has become “an essential part” of rich individuals’ investment portfolios.
The claim was made in a wealth management study from Capgemini, a Paris, France-based IT services and consulting company....