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Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives
28.6.2021
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden...
As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
28.6.2021
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling...
Billionaire Dismisses ETH, DOGE, Backs XMR, ZEC, Says His Bank Will Accept BTC
28.6.2021
Ricardo Salinas Pliego. Source: a video screenshot, Youtube/Ricardo B. Salinas Pliego
Ricardo Salinas Pliego, the influential Mexican billionaire with links to his nation’s government, has hit out at ethereum (ETH) and dogecoin (DOGE) – while issuing ringing endorsements of bitcoin (BTC)...
Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’
28.6.2021
The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the future price of bitcoin. On various occasions all the way back to 2016, Lingham has made correct bitcoin price calls over the years. Even though...
French court sentences BTC-e operator Alexander Vinnik to 5 years
28.6.2021
Vinnik’s lawyers fear Greek authorities will want him to face additional charges after the sentence
Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept BTC, Says Fiat Money Is a Fraud
28.6.2021
Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S....
Top 5 cryptocurrencies to watch this week: BTC, ADA, SOL, MATIC, KLAY
27.6.2021
Bitcoin’s consolidation in the current range could create trading opportunities for ADA, SOL, MATIC and KLAY over the coming days
Despite BTC’s Price Drop, Bitcoin Held on Exchanges Is 28% Lower Than Last Year
27.6.2021
While the price of bitcoin is more than 40% lower than it was 90 days ago on March 29, the number of bitcoin held on exchanges has also been reduced. Last year on the same day in June, 2.79 million bitcoin was retained on crypto trading platforms and a year later roughly 28.67% of the […]
'Absolutely right' to think of Bitcoin as the new gold — Mexico's 3rd richest man
27.6.2021
Ricardo Salinas Pliego doubles down on BTC yet again as gold and the U.S. dollar come in for serious criticism
Bitcoin bounces off $30K amid 'possibility' of exit to mid-$40K range
27.6.2021
A successful Wyckoff culmination could see BTC price action target levels north of $40,000 again, one analysts says
Crypto needs a decentralized daily reference rate
27.6.2021
The crypto industry still lacks one of the most crucial metrics in the ecosystem: an official daily reference exchange rate
French Court of Appeals Upholds Alexander Vinnik’s Sentence
27.6.2021
A court of appeals in France has upheld the verdict in the case against BTC-e operator Alexander Vinnik. His lawyers vowed to continue the legal struggle against Vinnik’s return to Greece in order to avoid a likely extradition to the U.S. Court Confirms Vinnik’s 5-year Sentence...
Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week
27.6.2021
On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining difficulty change is approaching and it could see the difficulty drop over 20%. Bitcoin...
Guggenheim CIO Predicts ‘Real Bottom’ of Bitcoin, Warns BTC Price Could Fall to $15,000
27.6.2021
The chief investment officer of asset management firm Guggenheim, Scott Minerd, thinks he knows where the real bottom of bitcoin’s price is. He warns that the price of the cryptocurrency could fall to the $15K level. Guggenheim’s Scott Minerd Sees Bitcoin Bottom The chief investment...
Data fails to conclude that Bitfinex shorts are depressing Bitcoin price
26.6.2021
A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play
Ethereum, altcoins risk more downside than Bitcoin if BTC losses $30K, warns analyst
26.6.2021
According to an independent market analyst, altcoin holders face the risk of facing twice more losses if the Bitcoin price corrects by another 30%
Dogecoin Sheds 67% Since Price High — Meme Token’s 12 Month Market Stats Still Outshined BTC
25.6.2021
The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down 67% since the ATH and over 30% during the last three months as interest in the dog meme coin is waning. Dogecoin Interest...
Price analysis 6/25: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
25.6.2021
Sellers are jumping on top of every breakout from Bitcoin and altcoins, indicating that the bears are in no hurry to let go of their advantage
Athena Bitcoin to Install 1,500 Bitcoin ATMs in El Salvador as BTC Becomes Legal Tender
25.6.2021
Bitcoin ATM operator Athena Bitcoin has unveiled its plan to install 1,500 bitcoin ATMs in El Salvador. Initially, the company will install dozens of machines as a test. El Salvador President Nayib Bukele wants 1,500 bitcoin ATMs installed and Athena Bitcoin said, “we will go for that, but...
Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
25.6.2021
El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele...