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Coinbase says it was not involved in the DOJ's Bitcoin ransom seizure
9.6.2021
Coinbase CSO says ‘good ol’ fashioned police work’ landed the FBI the private keys
Elon Musk Agrees With Vitalik Buterin on Dogecoin and Ethereum Collaboration
9.6.2021
Tesla CEO Elon Musk said he “pretty much” agrees with Ethereum co-founder Vitalik Buterin about a collaboration between Dogecoin and Ethereum. Buterin said: “if we can have a secure Doge-to-Ethereum bridge. That would be amazing.” Vitalik Buterin Talks About Dogecoin...
Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%
9.6.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-ETPs as well as an increased understanding of the crypto economy,”...
Crypto Market Crash Has Slashed Bithumb Value by Over 50%
9.6.2021
The South Korean crypto exchange Bithumb is still up for sale, but its value has reportedly fallen along with the crypto market price slump.
Per the financial media outlet Maeil Kyungjae, potential buyers are still interested in the trading platform, but its worth – according to market experts...
Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story
9.6.2021
On June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the “recovery” of 63.70 bitcoin from the funds Colonial Pipeline sent to the hackers. The official story has a number of inconsistencies and federal investigators did not disclose...
Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’
8.6.2021
Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The firm wants someone who is “passionate about blockchain and decentralized networks” and someone who can build innovative “business use cases” across...
Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation
8.6.2021
“We are going to lead the shift to crypto and fintech in Mexico,” said one senator
Bitcoin Futures Market in Capitulation Mode as Traders Turn Bearish
8.6.2021
The declining futures premium indicates uncertainty about bitcoin following a 35% correction in May and another 12% drop already this month
Rainy Season Will Test Just How Watertight China’s Bitcoin Mining Ban Is
8.6.2021
Some Chinese provinces appear to be cagey about whether they will ban crypto miners from operating during the country’s rainy season – a time of the year when rivers swell and hydropower stations typically produce high quantities of surplus electricity.
Per reports from the 21st Century Business...
IRS Seeks Congressional Authority to Obtain Data on Cryptocurrency Transactions
8.6.2021
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate cryptocurrency. “We get challenged frequently and to have a clear dictate from Congress on the authority for us to collect that information is critical,”...
IRS needs congressional authority to handle crypto, says chief
8.6.2021
"Most crypto, virtual currencies are designed to stay off the radar screen," said Charles Rettig
Skybridge Capital Says Bitcoin Still Has More Upside Than Gold
8.6.2021
The chief investment officer of global investment firm Skybridge Capital says bitcoin still has more upside than gold. While expecting both gold and bitcoin to rally, he said his hedge fund is sticking to bitcoin. Asset Manager Skybridge Prefers Bitcoin to Gold Troy Gayeski, co-chief investment...
'I should have bought a lot more,' laments billionaire investor on Bitcoin
8.6.2021
"The probability as more and more people keep using Bitcoin, it’s going to keep moving up," said Marc Lasry
Bitcoin sell-off likely played a key role in boosting Gold's appeal
8.6.2021
Investors' appetite for gold increased as they assessed higher inflation and a major price crash in the Bitcoin market
Understanding Why 1xBit is Best of Bitcoin Betting Sites
8.6.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
There are many bookmakers that people can start enjoying right now. However, not all of them have the very attractive feature of allowing people to play with Bitcoin. This currency is worth several tens...
Crypto Ransomware at G7, Bottlepay's Euro & Bitcoin Offer + More News
8.6.2021
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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Politics news
"So one of the things we’d like to see out of the G7 is the start of an action plan that covers a number of critical...
British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin
8.6.2021
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful store of value” and it is still optimistic about the cryptocurrency in the long term. Ruffer Profits $1.1 Billion From...
Bitcoin price nears $30K as estimates reveal $19K support floor
8.6.2021
Breaking $19,000 will be "very hard" for bears, says analysts at Whalemap, this still allowing Bitcoin to dive below $20,000 highs from 2017
Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’
8.6.2021
Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent...
Crypto Market Signals Go Bearish But Long-Term Investors Still Accumulate
8.6.2021
Many of the key crypto market indicators have turned bearish during the past few weeks, with the last month bringing historically large declines by most on-chain activity metrics, according to on-chain activity and digital asset flow data. That said, it's still the new entrants who are selling...