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Looming ‘death cross’ may put Bitcoin bull run in danger ahead of Fed meeting
16.6.2021
Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on increasing anti-inflation bets. But a looming death cross could spoil the upside outlook
Utopia P2P’s Crypton (CRP) is the Future of Cryptocurrency Mining
16.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Among the most popular cryptocurrencies for mining are Bitcoin, Ethereum, Filecoin, Chia. Each has a relatively high investment risk, poor outlook, and questionable use-cases. What if there were a cryptocurrency...
Tunisian Minister Says He Plans to ‘Decriminalize’ the Buying of Bitcoin
16.6.2021
After reports that Tanzanian President Samia Hassan had asked her finance chief to look into cryptocurrencies, Tunisia has become the latest African country to signal a willingness to embrace digital assets. According to remarks attributed to Ali Kooli, Tunisia’s economy minister, the North...
Regulations drive Korean exchanges to delist, warn against high risk coins
16.6.2021
Amid increasing scrutiny and demand from regulators, South Korean crypto exchanges are sifting through their supported assets and delisting or placing high-risk coins on an investor warning list
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
Avalaunch & Kucoin Partner to Expand the Avalanche Ecosystem
16.6.2021
After recently listing the XAVA token, Avalaunch announced a partnership with KuCoin, the well-known crypto exchange. The partnership appears a strategic collaboration for mutual benefits, but the real intent is to replace market orthodox with innovation. Avalaunch believes that the collaboration...
Alumni of PayPal Technology and Business Launch Six Clovers
16.6.2021
On June 15, 2021, the world’s first decentralized payments network connected across the globe started its journey under the name of Six Clovers. It has assimilated the resources of millions of banking institutions, affiliate merchants, and payment gateways so that they can utilize cryptocurrency...
Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows
16.6.2021
Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds will keep more than 7% of assets in cryptocurrency within the next five years. Hedge Fund CFOs Expect...
Italy’s Financial Watchdog Raises Concerns Over Unregulated Cryptocurrency Market
16.6.2021
The chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of legality and rational choice for (market) operators,” he said....
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...
Ethereum price bounce to $2.6K fails to excite neutral-to-bearish pro traders
16.6.2021
Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range
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....
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...
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...
VPNs And geo-blocking in The Cryptocurrency World
15.6.2021
Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build...
Docker Changes Free-Tier Service Policy Due to Cryptocurrency Mining Abuse
15.6.2021
Docker, a popular cloud computing integration solution, is making changes to its free-tier service due to cryptocurrency mining abuse. The service discontinued its “autobuild” feature due to misuse by bad actors, using it to mine cryptocurrencies in their servers. This is a modus...
This unknown cryptocurrency soared by 164,842% in hours, only to crash 99%
15.6.2021
One random cryptocurrency's market valuation jumped by billions of dollars in just three hours, reaching the 17th spot on the top crypto index
Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law
15.6.2021
A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest...