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Price analysis 8/6: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
6.8.2021
Bitcoin and most major altcoins are near critical overhead resistance levels, suggesting that the downtrend is very close to ending
Oscar Mayer Is Auctioning a 10-Pack of Dogecoin-Themed Hot Dogs, Proceeds Go to Hunger-Relief Charity
6.8.2021
After a great number of well known product brands like Burger King, Axe, Snickers, Milky Way, and Slim Jim have been riding the dogecoin hype, the American meat and cold cut manufacturer ​​Oscar Mayer has also jumped on the dogecoin bandwagon. Similar to Axe, Oscar Mayer has also...
Bitcoin price blasts through $43K, hitting its highest price since May
6.8.2021
Bitcoin’s breakout above $43,000 puts the price at a multi-month high and possibly reignites the bull market that traders have been anxiously awaiting
Fed’s Vice Chair Says Tapering May Happen in 2021, Senator Joe Manchin ‘Alarmed Over Record Amount of Stimulus Injections’
6.8.2021
The U.S. central bank’s vice chairman Richard Clarida explained on Wednesday that the Federal Reserve could begin tapering large asset purchases this year. Also, that the first interest rate hike since the onset of Covid-19 could happen in 2023. Meanwhile, despite members of the Fed saying...
Billionaire 'Most Intrigued' By Crypto Despite Regulatory Pushback + More News
6.8.2021
JPMorgan Quietly Offers 6 Crypto Investments Despite CEO Jamie Dimon’s Anti-Bitcoin Stance
6.8.2021
Global investment bank JPMorgan is now offering six cryptocurrency investment funds to clients despite its CEO, Jamie Dimon, continually advising against investing in bitcoin and other cryptocurrencies. JPMorgan Chase has quietly begun giving its wealth management clients access to...
Bitcoin could be on the verge of a big breakout at $42K, hodler activity suggests
6.8.2021
$42,000 is becoming an increasingly important battleground for Bitcoin bulls and bears
Ready to deploy? Amazon’s Bitcoin acceptance can prime a payments future
6.8.2021
Amazon denied reports it will accept BTC payments soon, but seemingly, it’s only a matter of time before the tech giants embrace the token economy
EQIFI Launches Suite of Decentralized Financial Products Powered by a Global, Licensed Bank
6.8.2021
PRESS RELEASE. British Virgin Islands — 6th August, 2021 — EQIFI, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, has today launched its DeFi platform, including newly introduced fixed-...
White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill
6.8.2021
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community is supporting a different amendment. White House Takes Stance on Infrastructure Bill’s Crypto Tax Amendment The White...
"Old" Bitcoin Outperforms Upgraded Ethereum
6.8.2021
Bitcoin price gained traction above the USD 39,000 and USD 40,000 resistance levels. BTC is back in a positive zone and it seems like the bulls might aim for a test of USD 42,500. It is currently (12:24 UTC) trading above USD 40,000 and dips might remain limited.
BTC is the second-best (+8%)...
Binance Halts Derivatives Offerings To Users In Hong Kong Also
6.8.2021
Crypto exchange giant Binance has is imposing restrictions on openings of new derivatives products accounts in Hong Kong, and providing users from the Chinese special administrative region with a grace period of 90 days to close their open positions.
“We will be restricting Hong Kong users...
Bitcoin fractal that predicted 2020 rally flashes again as BTC price reclaims $40K
6.8.2021
The MACD indicator hints at a potential bullish crossover as Bitcoin price retests $40,000 as support
Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
6.8.2021
Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages. Over 80 Mining Rigs Confiscated From Crypto...
‘Wrong Kind’ of Bitcoin ETF Head for US Approval as Futures Bids Made
6.8.2021
Bitcoiners have been waiting for American regulators to green-light a bitcoin (BTC) exchange-traded fund (ETF) for what seems like ages. And although it looks like they are finally close to a breakthrough, it turns out that after all the fuss, they might end up with the wrong kind of BTC ETF after...
Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
6.8.2021
One analyst says he is "not interested at all" in trading current levels as clear long-term resistance stays in play for both cryptocurrencies
Bitcoin Is Resilient to Break the $42,000 Resistance
6.8.2021
Bitcoin traders are back in action and this time with an arsenal of volume at their back. BTC price has to cross the $42,000 levels to remain in the bullish sentiment, but we witnessed a sudden and consistent fall from the level to $38,000. Bitcoin has the fundamental potential and buyer sentiment...
Bitcoin mining ban in China a 'game changer' for electric vehicle adoption
6.8.2021
Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban
Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...
Twitter's Bluesky Finds New Lead, Square Building the Wallet Team
6.8.2021
Jack Dorsey. Source: a video screenshot, Youtube, WIRED
Twitter-backed decentralized social media project Bluesky announced that a new and Twitter-independent entity is in the works, while Square is expanding their hardware wallet team.
"It’s been a long time coming, but we’ve finally found...