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Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears
16.6.2021
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected
Bitcoin Beach Town in El Salvador Bustles With Growth After BTC Becomes Legal Tender
16.6.2021
Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an area in El Salvador called “Bitcoin Beach” with a small group...
Solving the Climate Change Problem Using Blockchain Technology – Start of the FOSTER Project
16.6.2021
The Swiss company TRES Group GmbH is launching an exciting and innovative program aiming at adding a solution to the Climate Change challenge. For several months, the FOSTER project has been under development, which aims to mass plant trees around the world for the benefit of increasing carbon...
Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
16.6.2021
Bitcoin’s recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit
Entertainment Giant Fox Teams up With Bento Box to Manage $100 Million NFT Creator Fund
16.6.2021
Fresh off the heels of announcing a non-fungible token (NFT) organization called Blockchain Creative Labs and a blockchain-based animated series, Fox Broadcasting Company has revealed it’s invoked a $100 million fund with Bento Box Entertainment (BBE) that aims to bolster NFT content...
Spanish Crypto Firms will Have to Run their Campaigns Past Regulator
16.6.2021
A leading Spanish financial markets regulator is set to begin policing crypto firms’ advertising campaigns – in direct response to a recent “aggressive” campaign that saw Madrid billboards plastered in crypto advertisements.
According to Finanzas, the nation’s National Securities Market Commission...
Dip-buyers anticipate further downside after Bitcoin price falls to $38K
16.6.2021
Sellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached
SEC Leaves Bitcoin and Cryptocurrency Off Regulatory Agenda 2021
16.6.2021
The U.S. Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation. Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda The Office of Information and Regulatory Affairs released the Biden...
Fed Keeps Rates, Says Inflation 'Largely Reflects Transitory Factors'
16.6.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
The US Federal Reserve (Fed) said it decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached...
Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
16.6.2021
The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally
Venture Capitalist Tim Draper Doubles Down on His $250K by 2022 Bitcoin Price Prediction
16.6.2021
American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this...
British Financial Advisers Don't Like Crypto & Meme Stocks + More News
16.6.2021
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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Investments news
Over 90% of 200 surveyed independent financial advisers (IFAs) in Britain would never recommend cryptocurrencies...
Bitcoin miners can prove green potential by undergoing ESG ratings check
16.6.2021
Bitcoin miners may opt for ESG ratings to prove “greenness” as environmental concerns loom over the entire crypto industry
Estonian IT company inks $26M crypto mining deal with Bitmain
16.6.2021
Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity
Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency Regulation
16.6.2021
Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free pass to ignore the public interest. The odds of such an approach not ending well are too high,”...
Bullish all the way? MicroStrategy doubles down on its Bitcoin bet
16.6.2021
MicroStrategy’s latest bond offering seeks to deliver a yield of 6.25%–6.5% — significantly higher than an average junk bond yield of 4.01%
Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes
16.6.2021
Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned with the rate at which Nigerians “mutilate, deface, squeeze and even...
Looming ‘death cross’ may put Bitcoin bull run in danger ahead of Fed meeting
16.6.2021
Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on increasing anti-inflation bets. But a looming death cross could spoil the upside outlook
Jack Dorsey notes lobbying efforts to get Ethiopian gov't to embrace Bitcoin
16.6.2021
Ethiopian-based group Project Mano is lobbying the government to mine, hold, and link Bitcoin to the ETB or other legal tenders
US Fed Inactivity May Lead Bitcoin to Moon, But a Negative Impact is Possible
16.6.2021
The US Federal Reserve (Fed) is set to wrap up its two-day meeting today, ending with Chairman Jerome Powell holding a press briefing - and with many expecting lack of action to follow, the Cryptoverse insiders see this as potential fuel for the rocket that'll take bitcoin (BTC) and other cryptos...