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XRP price will fall to new lows vs. Bitcoin if this famous chart pattern plays out
25.6.2021
XRP price bulls watch out! The popular Head and Shoulder pattern is statistically among the most accurate trend indicators
SEC inquiry regarding Robinhood’s crypto business reportedly delays IPO
25.6.2021
Robinhood had initially hoped to begin its public offering after American investors returned from the July 4 holidays
Mica Law Draft Designates CNMV and Bank of Spain as Crypto Watchdogs
25.6.2021
The latest Mica (Europe’s Markets in Crypto-Assets Regulation) revision designates the CNMV and the Bank of Spain as the main cryptocurrency watchdogs in the country. The draft also stipulates that companies offering services in the EU will need to be based in a European country. The norm...
Hurry up and Regulate Crypto, Urges Ukrainian Central Bank
25.6.2021
The policy-making unit of the Ukrainian central bank has called on the nation’s government to speed up the rollout of crypto legislation.
In an official release, the National Bank of Ukraine (NBU)’s governing council urged Kyiv to hurry up with its long-awaited regulation, urging the executive...
Institutions have no appetite for Bitcoin at this price level: JPMorgan
25.6.2021
JPMorgan does not expect a bull run for Bitcoin over the medium term based on the BTC-to-gold volatility ratio
World's first Bitcoin ETF adds $3M per day throughout BTC price dip
25.6.2021
The Purpose Bitcoin ETF now has over 21,000 BTC under management as the United States continues regulatory scrutiny
ADAX Appoints Mate Tokay, Co-founder of Bitcoin.com, as Strategic Advisor
25.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
When entering the market, developing strategic partnerships is crucial to building brand credibility. Adding to the list of partnerships and collaborations, ADAX has now welcomed Bitcoin.com co-founder Mate Tokay...
Bogota’s $2.8 Billion Program to Finance Blockchain Companies With up to $50 Million
25.6.2021
The city of Bogota in Colombia just announced it will finance blockchain companies through a blockchain investment program. The program, called “Hub Blockchain Bogota,” will deliver financing to 100 companies developing blockchain-based solutions. This is part of a series of initiatives...
Jack Dorsey Challenges Elon Musk To The Bitcoin Talk
25.6.2021
Jack Dorsey. Source: a video screenshot, Youtube, WIRED
The Tesla boss and former bitcoin (BTC) man-of-the-moment Elon Musk has become the talk of the crypto town again after a typically strange, BTC-themed exchange with the Twitter boss and bitcoin bull Jack Dorsey on the latter’s social media...
El Salvador to airdrop $30 in Bitcoin to every adult citizen
25.6.2021
Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible for an airdrop of $30 worth of BTC
New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online
25.6.2021
Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment...
Bitcoin of America Makes It Big: The Team Behind One of the Largest Bitcoin ATM Operators Worldwide
25.6.2021
PRESS RELEASE. Bitcoin of America, a popular virtual currency exchange, is known for their 1200+ ATMs across 31 US states. Bitcoin of America is looking to bring attention to the success their team, working behind the scenes, has had on the company’s growth. Some of their top executives were...
Bitcoin and DOGE Rally, Ethereum Eyes Upside Break
25.6.2021
Bitcoin price remained strong above the USD 32,000 and USD 33,000 levels. As a result, BTC gained bullish momentum and it broke the main USD 35,000 resistance. It is currently (04:41 UTC) consolidating gains below this level.
Similarly, most major altcoins are rising steadily. ETH is consolidating...
Bulls on parade: Galaxy Digital and Alameda pundits tip market recovery
25.6.2021
Jason Urban, co-head of Galaxy Digital Trading thinks institutional adoption of crypto is in its early days and predicts BTC is set to reach new all-time highs once the FUD dissipates
UN Kenyan Mission Praises Local Blockchain-Based Initiative for Helping to Reduce Poverty
25.6.2021
The United Nations (UN) mission in Kenya recently praised a local blockchain-based community inclusion currency (CIC) initiative for its part in helping to reduce poverty in one of the country’s poor informal settlements. The mission’s sentiments follow a tour of the Mukuru informal...
Bitcoin Starts Legal Tender Test on Sept 7, Bukele Sees 'Dirty Campaign'
25.6.2021
The president of El Salvador, Nayib Bukele. Source: Twitter/ @PresidenciaSV
The most popular cryptocurrency, bitcoin (BTC), will become legal tender on September 7 and will be optional for those who don't want to receive it, El Salvador's President Nayib Bukele said in a national address...
Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador
25.6.2021
Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout
US Regulators Have Imposed $2.5 Billion Penalties on Crypto Firms and Individuals
25.6.2021
A new report shows that U.S. regulators have imposed fines and penalties totaling $2.5 billion on crypto firms and individuals so far. The U.S. Securities and Exchange Commission (SEC) has imposed the most fines, followed by the Commodity Futures Trading Commission (CFTC). Meanwhile, the U.S....
Andreessen Horowitz Says Crypto Is ‘the Future of Finance’ — Launches $2.2 Billion Crypto Venture Fund
25.6.2021
Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2.2 billion crypto fund. The firm is “radically optimistic about crypto’s potential to restore trust and enable new kinds of governance.”...
Sushi to Launch Full Product Suite on Harmony
25.6.2021
Since deploying natively on Harmony’s blockchain in May, Sushi is now deepening its collaboration with Harmony after revealing plans to bring its full decentralized finance (defi) product stack onto the blockchain with accompanying incentives designed to drive greater participation....