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Citigroup Launches Digital Assets Group to Provide Clients Access to Cryptocurrencies
25.6.2021
Citigroup has reportedly set up a “digital assets group” to offer clients access to cryptocurrencies, which will operate within the bank’s wealth management division. Citigroup has established a “digital assets group” within its wealth management unit, according to...
Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
25.6.2021
El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele...
Bitcoin sheds $2.5K amid warnings of a repeat BTC price dip
25.6.2021
BTC price action reminds traders of the initial dip in May as rejections characterize attempts to break higher
SafeEarth Announces $200k+ in Charity Donations This Year
25.6.2021
PRESS RELEASE. SafeEarth creates access to DeFi and at the same time, helps restore the world’s ecosystem and help humanity through collaborating with the most impactful projects. 25th June 2021, London, England Users of SafeEarth can enjoy the benefits offered by DeFi whilst preserving...
Bitcoin Trims Gains, Ethereum and Altcoins Struggle
25.6.2021
Bitcoin price extended its upward move above the USD 35,000 resistance. However, BTC struggled to clear USD 35,500 and it started a fresh decline. It broke the USD 34,000 support zone, and it is currently (12:46 UTC) showing signs of more possible downsides.
Besides, most major altcoins are also...
Tanzania central bank may rescind crypto ban after presidential endorsement
25.6.2021
President Samia Suluhu Hassan’s positive stance on crypto could see Tanzania’s central bank reversing its previous cryptocurrency prohibition
Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’
25.6.2021
Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto...
Report: Nigerian NFT Artists Thrive Despite Bubble Fears and Ongoing Central Bank Anti-Crypto Restrictions
25.6.2021
Nigerian artists are now increasing their net worth by leveraging the art world’s lucrative pivot to non-fungible tokens (NFT). According to reports, this move to NFTs is happening despite the Nigerian central bank’s renewed anti-crypto stance. NFT Bubble Concerns As a recent CNN report...
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...