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Death Cross Appears on Bitcoin Charts, But It May Mean Nothing at All
22.6.2021
Both Crypto- and non-Cryptospheres are discussing a "death cross" that appeared on bitcoin (BTC) charts, which is seen by some traders as a bearish signal that indicates lower prices to come. However, it seems there is no actual proof that death cross means or "confirms"...
Portugal Begins Approving Cryptocurrency Exchanges — Two Licensed So Far
22.6.2021
Portugal now has two approved cryptocurrency exchanges. The country’s central bank, the Banco de Portugal, has licensed Mind the Coin and Criptoloja. In Portugal, the central bank is responsible for registering entities that intend to act as virtual asset service providers (VASPs). The bank...
Bitcoin MicroStrategy: Down by USD 479M in 2021, Up by USD 676M in 10 Months
22.6.2021
US-based software developer and Bitcoin (BTC) supporter MicroStrategy has seen the value of its BTC investments this year dropping by around USD 479m, but it still increased by USD 676m in total in less than a year.
Per the June 21 press release, the company holds approximately BTC 105,085...
Denied electricity, world's 5th-largest mining pool leaves China for Kazakhstan
22.6.2021
Crypto mining pool BTC.com is leaving China after local authorities withdrew its power supply
China’s crackdown means Bitcoin is working, says crypto miner
22.6.2021
A former crypto exchange engineer believes that China's ban on Bitcoin mining is “fantastic news.”
Sotheby’s Auctioning Rare Diamond Worth $15 Million, Cryptocurrencies Accepted
22.6.2021
Sotheby’s, the world’s largest auction house, is auctioning a rare, 101.38-carat flawless diamond estimated to be worth $15 million, and cryptocurrencies are accepted. Biggest Auction House Accepts Cryptocurrencies Sotheby’s announced Monday that it is auctioning a rare...
Bitcoin Crackdown Leads To Cheaper Graphics Cards In China
22.6.2021
With graphics cards seeming harder to get than ever, China’s stricter measures against Bitcoin mining have led to lower prices online in the country. Read more
VanEck files for a new Bitcoin futures mutual fund with US SEC
22.6.2021
VanEck’s new “Bitcoin Strategy Fund” will invest in BTC futures, pooled investment vehicles and exchange-traded products providing exposure to Bitcoin
MP Lodges Constitutional Challenge to Bukele’s Bitcoin Bill
22.6.2021
Another Salvadorian MP has launched a bid to derail President Nayib Bukele’s bitcoin (BTC) adoption bill – and has teamed up with a lawyer as part of his effort.
As reported last week, two lawmakers from the opposition Farabundo Martí National Liberation Front (FMNL) party last week lodged a bid...
Nicolas Maduro States Venezuela Pioneered Crypto Adoption in South America as Petro Use Flounders
22.6.2021
President Nicolas Maduro stated that Venezuela was a pioneer in cryptocurrency adoption in Latam in an interview with Bloomberg last week. Venezuela is still one of the first cryptocurrency volume movers in South America. However, the petro token, its official cryptocurrency, has failed to pick...
Bitcoin bear market confirmed? Analysts at odds over whales' BTC exchange moves
22.6.2021
Whale selling pressure is too great to preserve the bull market for now, one warning says, while similarities to 2017 provide a silver lining for hodlers
Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade
22.6.2021
According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401...
Bitcoin and Ethereum Try To Recover, DOGE Nosedives
22.6.2021
Bitcoin price remained in a negative zone below the USD 33,500 level. BTC even broke the USD 32,000 level and it is currently (04:34 UTC) recovering losses. If the price climbs above USD 33,500, it could face resistance near the USD 35,000 level.
Meanwhile, many major altcoins are down in double...
Opposition poses constitutional challenge to El Salvador's Bitcoin law
22.6.2021
A political party in El Salvador has filed a lawsuit alleging President Bukele’s new Bitcoin law could be unconstitutional and harmful to the country
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
CNBC host boldly reveals he sold his BTC amid depths of bear market
22.6.2021
CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future
South Korea Mulls Singapore-style Approach to Crypto Regulation
22.6.2021
Singapore. The South Korean financial regulator is looking to Singapore for inspiration as it forms new crypto sector policies, sparking anticipation that it may look to adopt a similar system.
Singapore is known for having one of the most progressive approaches to crypto regulation in the world...
Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
22.6.2021
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. Jim Cramer Worried About China’s Mining Crackdown and Ransomware, Sold Almost All His Bitcoin...
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
22.6.2021
Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation
Financial Advisor Ric Edelman Sees ‘Tremendous Investment Opportunities’ in Bitcoin
21.6.2021
Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in investment portfolios despite the cryptocurrency’s volatility. “This is totally new and different and it’s the first genuinely new asset class...