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Bitcoin and Ethereum Hold Crucial Levels, Celsius Rallies
21.6.2022
After starting a recovery wave above the USD 20,000 resistance zone, bitcoin is facing a key hurdle near USD 20,500 and USD 21,200. It is currently (04:59 UTC) consolidating above USD 20,500 and is up almost 3% in a day and down 9% in a week.
Similarly, most major altcoins are stuck near...
Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’
21.6.2022
Deutsche Bank has updated its recession forecast. The bank’s economists now see “an earlier and somewhat more severe recession” than previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data...
President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs
21.6.2022
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, Biden insisted that the U.S. will “overcome this inflation” while Yellen admitted that...
South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake
21.6.2022
A bitcoin (BTC) wallet owner who received almost BTC 200 (USD 4.16m) by accident has been absolved of blame by a branch of the South Korean High Court, which overturned two previous rulings in doing so....
Read More: South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake
SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
21.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need...
HM Treasury changes course on collecting data around unhosted crypto wallets
20.6.2022
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update
Market Wrap: Bitcoin Holds Above $20K Amid Light Trading
20.6.2022
MarketWrap Monday, June 20th
Bitcoin futures enter backwardation for the first time in a year
20.6.2022
Risk-averse BTC derivatives traders throw in the towel after futures contracts trade below the spot market price
Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
20.6.2022
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years...
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
20.6.2022
Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average
Iranian government to cut power supply for the country's legal crypto mining rigs
20.6.2022
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable
More 'forced selling' ahead'? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
20.6.2022
The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend
‘Bitcoin Is Dead’ Google Searches Skyrocket, Bitcoin Obituaries Records 15 Deaths This Year
20.6.2022
According to the Bitcoin Obituaries list, bitcoin has died 15 times in 2022, and the last obituary written about bitcoin’s death was on June 18, in a recent statement that said: “Bitcoin Will Not Recover.” Interestingly, Google Trends data shows that the search phrase...
Why the crypto market crash may play in Bitcoin's favour
20.6.2022
Podcaster and Bitcoin educator, Natalie Brunell, believes the current market turmoil could lead to regulation favouring Bitcoin over alts
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
20.6.2022
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index
Bitcoin encuentra resistencia en $21K e inversores registran pérdidas por más de $7000M, según Glassnode
20.6.2022
Los datos de la blockchain muestran que los inversores salieron de posiciones adquiridas a precios mucho más altos en los últimos tres días
Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues
20.6.2022
MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed by over 10% on Monday, after hitting a ten-month low during the weekend. Maker (MKR) MKR was a notable mover to start the week, as prices climbed […]
Bitcoin, Ethereum & Crypto Analysts Search for Bottom as Investors in 'Historically Meaningful Degree' of Pain
20.6.2022
Bitcoin, Ethereum & Crypto Analysts Search for Bottom as Investors in 'Historically Meaningful Degree' of Pain
As Bitcoin (BTC) and the broader crypto market are trying to recover after diving below crucial levels this past weekend, analysts are digging into data, trying to identify the next...
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
‘Bitcoin dead’ Google searches hit new all-time high
20.6.2022
Sentiment in the crypto community is the lowest it has ever been, leading to fresh speculation that BTC is a dying asset