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Bitcoin first ‘genuinely new asset class’ in 150 years, says Ric Edelman
17.6.2021
Financial adviser, Ric Edelman says his colleagues need to get rid of their bias and examine Bitcoin and crypto assets with “open eyes” and “genuine curiosity.”
Why People Are Buying Digital Lands in The Sandbox and Why You Should Too
17.6.2021
The Sandbox is a decentralised, community-driven gaming ecosystem where designers and artists can create, share and monetise NFTs and gaming experiences on the Ethereum blockchain and is partnered with many industry giants, such as Square Enix and Atari. Its popular virtual real estates, known...
Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes
17.6.2021
Iran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities plan to create a financial free zone in the territory which has already attracted cryptocurrency miners....
Bitcoin Eyes Fresh Increase, Ethereum and Altcoins Face Resistance
17.6.2021
Bitcoin price corrected lower below USD 38,500, but the bulls were active above USD 38,000. BTC started a fresh increase and it climbed above USD 39,000. It is currently (12:11 PM UTC) showing positive signs and is eying USD 40,000.
Besides, most major altcoins are also trying to gain bullish...
Here’s why one analyst says Bitcoin will outperform Ethereum in the short term
17.6.2021
A potential bounce in the BTC/ETH pair suggests Bitcoin will sprint past Ether in the next market rally
US National Republican Congressional Committee to Accept Crypto Donations
17.6.2021
The US National Republican Congressional Committee (NRCC) will reportedly start accepting cryptocurrency donations via major crypto payments provider BitPay - as a response to the speaker of the US House of Representatives Nancy Pelosi’s "socialist agenda."
NRCC is the Republican Hill...
Bitcoiners Boo 'Official Bitcoin Ambassadors' to El Salvador
17.6.2021
Brock Pierce: Source: Twitter/@brockpierce
Representatives of the Cryptoverse continue their expeditions to El Salvador on a quest to meet government officials and president Nayib Bukele and share insights on Bitcoin (BTC) and complementary technologies. This time, it was Brock Pierce,...
Crypto Specialist Dan Morehead Urges Everyone to Buy Bitcoin
17.6.2021
The CEO of Pantera Capital, Dan Morehead, is growing more and more enthusiastic about buying Bitcoin and is encouraging crypto investors to invest in the cryptocurrency owing to the favorable downtrend in the market. The price crash that occurred in the Bitcoin market in May 2021 led to...
Bitcoin price edges higher as Fed inflation meeting sends DXY to 2-month high
17.6.2021
The U.S. dollar appeared to benefit from fresh comments by Jerome Powell, while Bitcoin remains frustrated
DAO1 Hackthon Targets African Blockchain Devs
17.6.2021
As part of an initiative that seeks to build the crypto and blockchain space talent base, the Decentralized Autonomous Organization (DAO1), a community-led protocol, will be holding a major collaborative computer programming or a hackathon. Organizers are hoping this event will help to create...
World Bank Accused Of Ignorance & Hypocrisy As It Refuses to Help El Salvador
17.6.2021
Commentators have accused the World Bank of hypocrisy and ignorance after it stated that it would not assist El Salvador and its President Nayib Bukele’s plan to create a bitcoin (BTC)-powered economy – claiming that bitcoin has displayed “environmental” and “transparency” “shortcomings.”
Per...
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Genesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan
17.6.2021
The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and A1166 Pro Avalonminers by the end of the month. Canaan to Deliver 10,000 Bitcoin Miners to Genesis...
‘Millionaire’ whales gobble up 90,000 Bitcoin over past 25 days
17.6.2021
Whales appear to be accumulating in anticipation of higher prices, with “millionaire” wallets increasing their holdings by 90,000 BTC in just 25 days
World Bank refuses El Salvador's request for help on BTC transition
17.6.2021
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender
Bitcoin Fluctuates Around USD 39K, Ethereum and Altcoins Recover Losses
17.6.2021
Bitcoin price failed to stay above the USD 40,000 pivot level and it extended its drop after the Fed news. BTC broke the USD 38,500 support, but the bulls protected USD 38,000. It is currently (04:58 UTC) trading around USD 39,000.
Besides, most major altcoins are recovering losses. ETH declined...
Korean Exchanges Delist High-risk Coins as They Face Tough Regulations
17.6.2021
Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading...
Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory
17.6.2021
The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey...
Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
17.6.2021
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. Central American Bank for Economic Integration...
General Motors CEO: ‘Nothing Precludes GM From Accepting Bitcoin if There’s Consumer Demand’
17.6.2021
The CEO of General Motors (GM), America’s largest automaker, says that nothing precludes her company from accepting bitcoin if there is consumer demand for it. “Certainly, we want to make the whole buying and ownership experience as easy as possible,” said the GM chief executive....