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Bull trap fears engulf Bitcoin market as BTC paints CME gap below $40K
14.6.2021
Spot Bitcoin prices rallied towards $40,000 over the weekend but hinted at bullish exhaustion as CME Bitcoin futures opened Monday with a $1,500-plus gap
Korean banks will need to classify crypto exchange clients as ‘high risk’
14.6.2021
A further tightening of cryptocurrency regulation in South Korea is underway, with new rules for banks and crypto exchange operators
A Look at How Second Life’s Linden Dollars Helped Kickstart Bitcoin’s Value
14.6.2021
When people think about bitcoin’s past they sometimes refer to subjects like Mt Gox, the Silk Road, or the famous pizza transaction. Although, people often forget that the online virtual world Second Life played an important role during the Bitcoin network’s early years. In fact, some...
South Africa to revise national policy position on cryptocurrency
14.6.2021
Strong retail interest in crypto has driven South African regulators to rethink how they classify cryptocurrencies
No Crypto in G7 Wrap-up, but Traders, Miners Will Still Want to Take Note
14.6.2021
German Chancellor Angela Merkel and UK Prime Minester Boris Johnson at the Carbis Bay. The G7 summit in Cornwall has concluded without tackling issues directly related to cryptoassets or central bank digital currencies (CBDCs) – although the crypto community will be looking closely into what...
Coinbase is reportedly looking to set up office in New York
14.6.2021
After announcing shutdown of San Francisco headquarters last month, Coinbase is reportedly quietly setting up its first office in New York
Elon Musk, $40K and no demand: 5 things to watch in Bitcoin this week
14.6.2021
Musk leaves the door open for Tesla to accept Bitcoin again, sparking a run to near $40,000 — but will it hold?
Africa Gets A Chance To Ride El Salvador-Triggered Bitcoin Hype Wave
14.6.2021
Samia Suluhu Hassan, the President of Tanzania. Source: A video screenshot, Youtube/ NTVUganda
Last week it was Latin America, this week, it might be Africa’s turn – with key individuals coming out in support of bitcoin (BTC) adoption.
Unlike the Latin American charge, some of the loudest voices...
Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework
14.6.2021
South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework...
Bitcoin Shoots Higher, Ethereum and Altcoins Show Positive Signs
14.6.2021
Bitcoin price remained strong above the USD 35,000 support zone. BTC started a fresh increase and it broke the USD 38,500 resistance zone, following positive statements by Tesla's Elon Musk. It is currently (04:35 UTC) trading above USD 39,000 and the overall price action seems to...
Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
14.6.2021
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining...
Bitcoin Eyes USD 40K Amid Musk Statement, Taproot Confirmation
14.6.2021
The most popular cryptocurrency, bitcoin (BTC), almost touched USD 40,000 today as Tesla's Elon Musk send a positive message, while activation of an important Bitcoin upgrade was confirmed.
Monday morning (UTC time), BTC surpassed USD 39,800 before correcting lower. At 03:31 UTC, it trades at...
Dutch Official Predicts Crypto Market Crash, Says ‘the Netherlands Must Ban Bitcoin Now’
14.6.2021
The director of the Netherlands’ Bureau for Economic Policy Analysis, a part of the country’s Ministry of Economic Affairs and Climate Policy, has predicted “The ultimate collapse of the crypto bubble.” He urges the government to ban bitcoin and other cryptocurrencies...
Bitcoin price moves toward $40K as on-chain and technical analysis favor bulls
14.6.2021
Bitcoin price is still 38% away from its all-time high but a handful of technical indicators suggest bulls are gathering strength
Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador
14.6.2021
The president of the European Central Bank (ECB), Christine Lagarde, has shared her view on El Salvador making bitcoin legal tender. She confirmed that the central bank’s policy on bitcoin and other cryptocurrencies has not changed. ECB’s Lagarde Comments on El Salvador Making Bitcoin...
JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures
14.6.2021
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional...
Elon Musk Says Tesla Will Resume Accepting Bitcoin When Miners Confirm 50% Clean Energy Usage
14.6.2021
Tesla CEO Elon Musk has announced that when there is “confirmation of reasonable (about 50%) clean energy usage by miners with positive future trend,” his electric car company will start accepting bitcoin for payments again. Elon Musk Reveals When Tesla Will Resume Accepting Bitcoin...
Silk Road Founder Ross Ulbricht Speaks Publicly for the First Time Since 2013
13.6.2021
At the Bitcoin 2021 conference in Miami, attendees listened to the first phone interview with the Silk Road’s Ross Ulbricht from the depths of the maximum-security prison in Tucson, Arizona. During the interview, Ulbricht spoke about bitcoin and how the decentralized crypto asset...
Top 5 cryptocurrencies to watch this week: BTC, AAVE, KSM, ALGO, TFUEL
13.6.2021
AAVE, KSM, ALGO and TFUEL are showing signs of strength while Bitcoin bulls attempt to push BTC price over $38,000
Elon Musks lays out when Tesla will begin accepting Bitcoin payments again
13.6.2021
Musk responded to a Cointelegraph tweet about Sygnia CEO Magda Wierzycka calling for the SEC to investigate him over alleged Bitcoin price manipulation