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China's Central Bank Cracks Down On Crypto Trading
21.6.2021
Source: iStock/杨培培
Today, the People’s Bank of China said that major banks and payment institutions promised they will not engage in crypto-related activities following a meeting with the market regulator.
The central bank said it summoned several major financial players, such as Industrial...
Chinese Big-four Bank to Crack Down on Crypto, Will ‘Report’ Offenders
21.6.2021
One of China’s biggest commercial banks, the Agricultural Bank of China, said it will crack down on crypto transactions, and will seek to block accounts connected with bitcoin (BTC) and crypto-related activity.
The bank has issued a terse and short statement on the matter, which was published...
Cryptoverse Gets Another Unicorn Despite Market Downturn
21.6.2021
Source: Adobe/s_lena
Venture capitalists are still pouring hundreds of millions into the infrastructure of the cryptoverse, hoping the whole nascent industry will grow further despite a recent sharp correction in the market.
Amber Group (AG), an Asian crypto trading and technology firm, is now...
Bitcoin and Ethereum Breakdown Continues, Altcoins In Red Too
21.6.2021
Bitcoin price started a fresh decline from well above USD 38,000. BTC broke the USD 36,500 support and it even declined below USD 35,000. It is currently (04:41 UTC) extending losses after a failed attempt to move higher.
Similarly, most major altcoins are trading in a bearish zone. ETH broke...
Traditional Investors Sending an ESG Sign Important to Bitcoin Miners Too
18.6.2021
As debt investors seem to be looking into how much an energy company is polluting, the bond market may be seeing higher funding costs for those companies polluting more - showing the rising importance of Environmental, Social, and Corporate Governance (ESG)-compliant investments at the time when...
Pro basketball league in Canada will offer players Bitcoin salaries
18.6.2021
"The ability to have part of my salary go directly into an investment that I believe will appreciate greatly over the next 10-30 years is a no-brainer,” said Guelph Nighthawks guard Kimbal Mackenzie
Sichuan ‘Joins Chinese Crypto Crackdown’ as US Woos Middle Kingdom Miners
18.6.2021
The Chinese crypto mining crackdown is starting to gather pace – with some areas rich in hydropower looking to join coal-powered areas in what is increasingly looking like a nationwide shutdown of industrial mining. And the US is using this opportunity to compete.
As previously reported, Sichuan...
13 New Grayscale Candidates, Goldman Galaxy, Danske Upholds BTC Ban + More News
18.6.2021
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
Investment company Grayscale Investments has expanded their list of assets that they’re considering for inclusion into their...
SEC to Provide Clarity on Token Distribution, Crypto-Based ETPs - Hester Peirce
18.6.2021
Source: A screenshot, Youtube/CNBC Television
Many industry observers expect the US Securities and Exchange Commission (SEC) to tighten its regulatory grip over cryptoassets, but the move could also bring more clarity to the markets, according to Hester Peirce, one of the five...
MPs’ Bid to Amend El Slavador’s BTC Bill Raises Questions About State & Freedom
18.6.2021
The president of El Salvador, Nayib Bukele. Source: A screenshot, Instagram/nayibbukele
An audacious bid from two opposition lawmakers to amend key clauses in El Salvador’s forthcoming bitcoin (BTC) adoption law is accompanied by furious debate among the international crypto community.
Two MPs from...
Bitcoin, Ethereum, and Major Altcoins Extend Losses
18.6.2021
Bitcoin price started a fresh decline from well above USD 39,000. BTC broke the USD 38,500 support and it even declined below USD 38,000. It is currently (04:48 UTC) showing bearish signs, with a major resistance near USD 38,500.
Besides, most major altcoins also look bearish. ETH broke the...
Hawaii had largest increase in demand for crypto out of US states this year
17.6.2021
“Around 6% of the U.S. population now use or own crypto, and the trend is growing,” said the report
Bitcoin Salaries a No-go, Confirms El Salvador as Adoption Worries Rise
17.6.2021
El Salvador’s President Nayib Bukele’s plans to launch a bitcoin (BTC)-powered society could be hampered by internal concerns about the most popular cryptocurrency – with the government apparently bowing to public pressure and ruling out the notion of bitcoin salaries.
As reported yesterday,...
Fewer Brits See Crypto As Gamble, Public Kraken, Bybit Warned + More News
17.6.2021
Source: a screenshot, Instagram/krakenfx
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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Adoption news
In the UK, the level of understanding of cryptocurrencies is declining, suggesting...
Ledger Hack Saga Continues: Scammers 'Gifting' Fake Hardware Wallets
17.6.2021
With scammers reaching for increasingly creative measures to steal cryptoassets, customers of hardware wallet maker Ledger are being sent fake 'replacements' for their devices.
A fake Ledger Nano X was allegedly sent to a Reddit user who disclosed the accompanying letter written by scammers posing...
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...
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...
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...