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Major players will speak at a new Bitcoin event aimed at institutional investors
24.6.2021
Featured speakers include Twitter CEO Jack Dorsey, Blockstream founder Adam Back, and Ark Invest's Cathie Wood
Bitcoin and Ethereum Start Range Trading, TRX, DOGE Accelerate
24.6.2021
Bitcoin price corrected lower after it failed to test the USD 35,000 resistance. BTC declined below USD 33,500, but it remained well bid above USD 32,200. It is currently (12:29 PM UTC) trading in a range and it could climb back above USD 34,000.
Similarly, most major altcoins are trading above...
Andreessen Horowitz Secures USD 2.2B For These 5 Crypto Areas
24.6.2021
US-based venture capital powerhouse Andreessen Horowitz (a16z) announced a new USD 2.2bn fund to continue investing in crypto networks.
"This fund allows us to find the next generation of visionary crypto founders, and invest in the most exciting areas of crypto. We invest in all stages, from...
South African ‘Exit Scam’ Sees Brothers Vanish with USD 3.6B in Bitcoin
24.6.2021
An apparent exit scam in South Africa could have left investors out of pocket to the tune of USD 3.6bn after the two brothers who operate the Africrypt project “vanished” following reports of a hushed-up “hack.”
Per Bloomberg, Hanekom Attorneys, a legal firm in Cape Town was hired by investors,...
Odds-on Mayor Favorite Will Make NYC ‘Bitcoin Center,’ Issues Miami Warning
24.6.2021
Eric Adams. Source: A screenshot, Instagram/ericadamsfornyc
The frontrunner in the race to become the Mayor of New York has vowed to make the Big Apple “the center” of Bitcoin (BTC) within the space of a year if he is elected.
In a speech to supporters yesterday, the leading candidate, Eric Adams...
Bitcoin and Ethereum Correct Gains, Altcoins Remain Attractive
24.6.2021
Bitcoin price recovered above the USD 33,500 and USD 34,000 resistance levels. BTC even spiked above USD 34,500, but it failed to clear the USD 35,000 resistance. It is currently (04:45 UTC) correcting gains and it is trading above USD 32,500.
Besides, most major altcoins might remain in a positive...
John McAfee Commits Suicide In Spain - Lawyer
24.6.2021
Source: Twitter, @officialmcafee
On June 23, British-born US antivirus software entrepreneur, crypto advocate John McAfee (75) committed suicide in a Barcelona prison, following the Spanish high court's decision to extradite him to the US on tax evasion charges, Reuters reported, citing...
Here’s What China’s Bitcoin Mining Crackdown 2.0 Looks Like
23.6.2021
Chinese crypto miners are reluctantly calling it a day – with reports of miners nationwide shuttering their operations, going offline, and either selling their equipment for reduced prices or relocating overseas.
The alacrity of Middle Kingdom’s Crypto Crackdown 2.0 has blindsided many, although...
McAfee's Extradition, Wood's Crypto Shopping, Coinbase In Japan + More News
23.6.2021
John McAfee. Source: Twitter/@officialmcafee
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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Legal news
Spain’s National Court has approved the extradition of detained antivirus software...
Bukele Teases Volcano-powered Bitcoin Mining Center as Exchange Arrives
23.6.2021
Source: Twitter/@nayibbukele
Not everybody in El Salvador may be aboard the Bitcoin (BTC) boat – but the nation’s bullishly pro-BTC President Nayib Bukele appears set to press ahead with his crypto plans nonetheless, with an overseas exchange opening its doors for business and a “sneak peek” at...
Canaan Diversifies Business by Becoming a Bitcoin Miner In Kazakhstan
23.6.2021
Major producer of Bitcoin (BTC) mining equipment Canaan announced it has moved beyond its existing business model and into becoming miners themselves, as "the logical next step" towards optimizing their revenues, strengthening the inventory management and supply chain capabilities,...
Bitcoin and Ethereum Spike Higher, Altcoins Start Recovering
23.6.2021
Yesterday, bitcoin price extended its decline below the USD 30,000 support zone. BTC tested the USD 28,800 zone before it started a major increase. It is currently (04:40 UTC) testing the USD 34,000 level.
Similarly, most major altcoins are recovering. ETH dropped towards the USD 1,700 level before...
Taleb Releases a Dirty Swan Upon Bitcoin, Bitcoiners Were Fast to Clean It
22.6.2021
Nassim Nicholas Taleb, an essayist and scholar, known for his book on the extreme impact of rare and unpredictable events, The Black Swan, released a paper on Bitcoin (BTC), with Bitcoiners jumping on what they deemed numerous inaccuracies.
In his paper titled 'Bitcoin, Currencies, and Bubbles'...
New Investments, Miner Migration, US Treasury Nominee on Crypto + More News
22.6.2021
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 firm VanEck filed a new draft prospectus for a bitcoin (BTC) futures mutual fund with the US Securities...
Bitcoin Dips Below USD 30,000
22.6.2021
The most popular cryptocurrency, bitcoin (BTC) dropped below the USD 30,000 threshold today, while altcoins bleed even more.
Last Tuesday, its price was c. USD 40,500. Since then, the price fell nearly 27% in a week, while in the last 24 hours, it's down more than 9% - trading at USD 29,732...
PayPal, Visa & Other Investors Double Down On Their Crypto Investments
22.6.2021
Crypto- and blockchain-focused venture capital firm Blockchain Capital said it has raised USD 300m for its Fund V, with PayPal and Visa among the traditional investors who are still showing interest in the crypto industry.
"The fund was heavily oversubscribed at its [USD] 300 million hard...
Death Cross Appears on Bitcoin Charts, But It May Mean Nothing at All
22.6.2021
Both Crypto- and non-Cryptospheres are discussing a "death cross" that appeared on bitcoin (BTC) charts, which is seen by some traders as a bearish signal that indicates lower prices to come. However, it seems there is no actual proof that death cross means or "confirms"...
Bitcoin MicroStrategy: Down by USD 479M in 2021, Up by USD 676M in 10 Months
22.6.2021
US-based software developer and Bitcoin (BTC) supporter MicroStrategy has seen the value of its BTC investments this year dropping by around USD 479m, but it still increased by USD 676m in total in less than a year.
Per the June 21 press release, the company holds approximately BTC 105,085...
MP Lodges Constitutional Challenge to Bukele’s Bitcoin Bill
22.6.2021
Another Salvadorian MP has launched a bid to derail President Nayib Bukele’s bitcoin (BTC) adoption bill – and has teamed up with a lawyer as part of his effort.
As reported last week, two lawmakers from the opposition Farabundo Martí National Liberation Front (FMNL) party last week lodged a bid...
Bitcoin and Ethereum Try To Recover, DOGE Nosedives
22.6.2021
Bitcoin price remained in a negative zone below the USD 33,500 level. BTC even broke the USD 32,000 level and it is currently (04:34 UTC) recovering losses. If the price climbs above USD 33,500, it could face resistance near the USD 35,000 level.
Meanwhile, many major altcoins are down in double...