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Finance Guru Suze Orman Likes Bitcoin Despite Regulation, Elon Musk Effect
16.6.2021
Personal finance guru and best-selling author Suze Orman has given advice on how to invest in bitcoin. She likes the cryptocurrency as a long-term investment despite regulatory uncertainty and the influence Tesla CEO Elon Musk seems to have on the bitcoin market. Suze Orman’s Bitcoin...
Shiba Inu Coin Price Soars as Coinbase Pro Announces SHIB Cryptocurrency Trading
16.6.2021
The price of shiba inu cryptocurrency got a boost Tuesday after Coinbase announced that the meme crypto will start trading on Coinbase Pro as early as this week. This announcement follows Coinbase adding trading for dogecoin. Coinbase Pro Adds Shiba Inu Trading Following the listing of the meme...
One in Five Kiwis Bullish on Crypto Investments, New Poll Suggests
15.6.2021
Cryptocurrency investing has been rising in popularity among New Zealanders and a fifth of the respondents in a new survey either plan to or have already, put money into digital assets. The poll also found that young Kiwis are more likely to use micro-investing platforms than older generations....
Democratic lawmakers have formed group to address regulatory concerns around crypto
15.6.2021
U.S. President Joe Biden is also expected to discuss crypto's role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday
Bitcoin price hits $41K, then rejects after sellers defend the 200-MA
15.6.2021
A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest
El Salvador reportedly weighing paying employees in Bitcoin
15.6.2021
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars
Market Wrap: Attempts to Push Bitcoin Above $40K Stall
15.6.2021
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
15.6.2021
On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities...
Bitcoin Miner Relocation Within China and Worst Case Scenario
15.6.2021
The relocation of Bitcoin (BTC) miners within China is already underway – and should the situation worsen, they might also be moving out of the country in droves, according to Jiang Zhuoer, CEO of mining pool BTC.TOP. This, however, would lead to hashrate decentralization.
The majority of miners...
JPMorgan Is Stockpiling Cash – CEO Claims There’s a ‘Very Good Chance Inflation Will Be More Than Transitory’
15.6.2021
Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around. JPMorgan Chase...
DeFi exchange dYdX raises $65M in Series C fundraiser
15.6.2021
The dYdX platform allows users to trade perpetual contracts with exposure to various crypto markets. It claims to have built the fastest decentralized exchange through layer-two solutions
Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
15.6.2021
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action
Fidelity Executive Believes Bitcoin’s Price ‘Bottom Is in’ After Last Month’s Market Carnage
15.6.2021
On Monday, Jurrien Timmer, director of global macro at Fidelity and co-manager of the Fidelity Global Strategies Fund, told his 56,000 Twitter followers his perspective on the current bitcoin prices. “In my view, it looks like the bottom is in,” the Fidelity executive explained, sharing...
A, B, C Investment Rounds, Crypto Trader Attacked, Overpriced Coins + More News
15.6.2021
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
The major crypto index fund manager, Bitwise Asset Management, said it raised USD 70m in a Series B round, valuing the company...
Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin
15.6.2021
Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to...
Latin American telecom company accepts crypto payments through BitPay
15.6.2021
GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform
Bitcoin Was This Cheap Only 20% of Its History - Pantera CEO
15.6.2021
Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Based on the idea that human nature is pro-cyclical, investors should go against the urge and buy bitcoin (BTC) when the market is below trend, thus benefiting from the fact that the cryptocurrency has been at this...
Russian Foreign Minister States Crypto Might Play a Significant Role in Settlements
15.6.2021
The Russian Foreign Minister Sergei Lavrov talked about the future importance of cryptocurrencies as an international settlements layer at the Primakov Readings Forum. Lavrov referred to these assets as having a “significant role” in the future. Russia has been striving to de-dollarize...
Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’
15.6.2021
Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocurrencies. She also urged the country’s central bank to begin the necessary preparations for a step-change in global attitudes towards banking. However, in her address...
Bitcoin Remains Stable, Ethereum and Altcoins Face Hurdles
15.6.2021
Bitcoin price formed a short-term top near the USD 41,100 level. BTC corrected lower and it even moved below USD 40,000. It is currently (12:14 PM UTC) trading well above the USD 38,500 support, but it must gain momentum above USD 40,000 for a sustained move higher.
Besides, most major altcoins...