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New Player on the Market, TecraCoin – a Cryptocurrency That Tolerates Market Fluctuation
11.6.2021
The crypto market is busier than ever. More and more tokens and cryptocurrencies are flooding the exchanges and it’s getting difficult to recognize the best trading opportunities. The majority of tokens and altcoins available on the market fail to represent any real value. A...
Bitcoin Beach Provides Clues about El Salvador’s Greater BTC Intentions
11.6.2021
Source: Twitter/@Bitcoinbeach
El Salvador’s President, Nayib Bukele, has become the talk of the crypto town, but some domestic experts have raised the alarm about the clause in his new bitcoin (BTC) bill that stipulates merchants must accept BTC as payment when requested by a customer.
Particularly...
Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi
11.6.2021
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi...
Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications
11.6.2021
Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira. In his unanimously adopted motion, House Representative Bamidele Salam warned the Central Bank of Nigeria (CBN) of the negative “implications...
IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
10.6.2021
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender
Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back
10.6.2021
U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate. Warren also thinks cryptocurrencies are...
Finance Redefined: The shadow DeFi conference in Miami! June 2-9
10.6.2021
Talking with big brains about DeFi, regulation, CBDCs, and institutional adoption at the Bitcoin conference in Miami!
Market Wrap: Bullish Basel News Causes BTC Jump to Week-High $38K Level; ETH Slips
10.6.2021
Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam
Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
10.6.2021
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm
Bitcoin price hits stock-to-flow rebound level not seen since 2017 all-time high
10.6.2021
Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows
Latin America, Caribbean Could Use Thousands Volcanoes To Mine Bitcoin
10.6.2021
A number of countries are considering using volcanoes to generate electricity, potentially providing cheaper and greener energy to local Bitcoin (BTC) mining operations while China is cracking down on this industry. In Latin America and the Caribbean alone, some 3,000 volcanoes could be used...
A Big Carbon Footprint Compared to What?
10.6.2021
When blockchain systems reduce human involvement in transactions, the carbon benefits can be substantial, says our columnist
OVR Using Chainlink to Connect the Metaverse to Real World Data and Events
10.6.2021
OVR.ai is announcing a live and ongoing integration with Chainlink, the marketing-leading decentralized oracle network that provides smart contracts with secure and reliable off-chain data and computation. The current integration involves the use of Chainlink Verifiable Randomness Function (VRF)...
Iran Seizes 3,000 Crypto Mining Devices in a Week
10.6.2021
Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. Over 500 Crypto Mining...
Understanding What Turned El Salvador’s President Bukele on to Bitcoin
10.6.2021
Nayib Bukele. Source: A screenshot, Instagram/nayibbukele
It’s February 3, 2019, and the world’s media is reporting that Nayib Bukele, “the Latin American Donald Trump,” has just swept to power in El Salvador’s presidential elections. Turns out this is some pretty lazy reporting: Yes, Bukele is...
How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creator Wasn’t the Only Mining Whale
10.6.2021
Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year. Old school whale movements like these have made some people...
Bullish Bitcoin newsflow gives bulls a boost ahead of Friday's $565M options expiry
10.6.2021
Bullish Bitcoin maneuvers from El Salvador, Victory Capital and MicroStrategy saved the day by giving bulls a much-needed boost and balancing out Friday's BTC options expiry
US Inflation Accelerates, State Street Launches Crypto Division + More News
10.6.2021
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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Economics news
The US economy’s rebound from the pandemic is driving the biggest surge in inflation in nearly 13 years, with consumer prices...
Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st century
10.6.2021
It's grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report
China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds
10.6.2021
Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency...