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Bitcoin could 'drive people nuts' for months with $53K BTC price ceiling — analyst
6.12.2021
Investors, not short-term traders, will be the likely beneficiaries of upcoming BTC price moves, popular names agree
Bitcoin & Ehtereum Investment Flows, FTSE Goes Crypto, Tom Brady's NFTs + More News
6.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ ...
Read More: Bitcoin & Ehtereum Investment Flows, FTSE Goes Crypto, Tom Brady's NFTs + More News
Ethereum bulls retain hopes of $10K despite ETH price chart bear flag
6.12.2021
Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup
Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’
6.12.2021
El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib...
Popular BTM Operator Bitcoin of America Wins Silver in 11th Annual Best in Biz Awards
6.12.2021
PRESS RELEASE. Bitcoin of America has been named a silver winner in the Company of the Year – Midwest category in Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. Bitcoin...
Crypto Market Sentiment Down for Third Week in a Row
6.12.2021
Crypto market sentiment dropped for the third week in a row, now standing quite close to the bottom line of the 5-6 range. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.18 today, whereas it was 5.22 a week ago, according to data provided...
Bitmart Loses $200 Million in Hack Performed by Unknown Attackers
6.12.2021
Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers...
Bitcoin whales move fresh coins to exchanges in repeat of behavior before $42K BTC price dip
6.12.2021
Large-volume trader moves point to concerns that a fresh Bitcoin price dip could still occur
Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal
6.12.2021
Indian banks have reportedly been slow to accept the Supreme Court's decision allowing them to do business with crypto firms
Bitcoin Price Plunges; Crypto Market Loses $500 Billion
6.12.2021
Bitcoin price drops significantly on Saturday. More precisely, it loses 10% of its value within one hour. Overall, the world’s largest cryptocurrency is down by almost 18%. The cryptocurrency market cap dipped almost $500 billion, whereas BTC’s market cap crashed by almost $200 billion. Besides...
Bitcoin and Ethereum Fluctuate, Small Altcoins Suffer Biggest Losses
6.12.2021
Bitcoin price attempted a recovery wave above the USD 49,000 level. However, BTC failed to clear the USD 50,000 resistance zone and started a fresh decline to almost USD 47,000. It is currently (12:08 UTC) trying to recover and moving higher above USD 48,000 again.
Similarly, most major altcoins...
Bitcoin Shows 'Overwhelming' Institutionalization After ‘Significant Deleveraging’
6.12.2021
The crypto market continued lower on Monday after a weekend sell-off that was described as a “significant deleveraging event.” Despite the event now being behind us, however, some traders continued to worry about the potential for an extended market correction.
At 11:14 UTC, the total crypto...
Bug in Solana Token Lending Contract Fixed, More Than $2 Billion Made Exploitable
6.12.2021
A bug in the token lending contract of the Solana Program Library (SPL) was recently found and fixed by Neodyme, a security auditing firm. The bug, that was discovered a couple of months back, could have affected several decentralized finance protocols holding more than $2 billion in total value...
BTC sentiment 'comparable to a funeral' — 5 things to watch in Bitcoin this week
6.12.2021
Bitcoin has not died for the 500th time, but market fear could easily convince you otherwise as analysts predict a slow return to higher levels
Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss
6.12.2021
Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations....
Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss
Indian Crypto Bill: Exchange CEO Discusses What to Expect
6.12.2021
There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed...
Phemex Is Bringing Its Community’s Dreams to Life Celebrating Its Second Anniversary
6.12.2021
Singapore-based cryptocurrency exchange Phemex is celebrating its 2nd anniversary this November. It’s been an eventful couple of years for the derivatives platform, and with its Choose Your Reality event, this anniversary is going to be a memorable one. Phemex’s dedication to...
El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin
6.12.2021
The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million...
Bitcoin and Ethereum Consolidate, BAT and ALGO Rally
6.12.2021
On Saturday, bitcoin price started a major decline from well above USD 52,000. BTC dived over USD 10,000 before recovering losses. It is currently (04:41 UTC) consolidating losses, with a major hurdle near USD 50,000.
Besides, most major altcoins traded below important supports. ETH dived below...
SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable
6.12.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has called for more investor protection in crypto markets. “This asset class is rife with fraud, scams, and abuse in certain applications,” he said. “In many cases, investors aren’t able...