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Crypto Ransomware at G7, Bottlepay's Euro & Bitcoin Offer + More News
8.6.2021
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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Politics news
"So one of the things we’d like to see out of the G7 is the start of an action plan that covers a number of critical...
Crypto Market Signals Go Bearish But Long-Term Investors Still Accumulate
8.6.2021
Many of the key crypto market indicators have turned bearish during the past few weeks, with the last month bringing historically large declines by most on-chain activity metrics, according to on-chain activity and digital asset flow data. That said, it's still the new entrants who are selling...
Russia Could Use Crypto to Dodge US Sanctions - Political Insider
8.6.2021
In a sign of increased acceptance of cryptocurrencies among Russia’s elite, Alexander Shokhin, the president of the lobby group Russian Union of Industrialists and Entrepreneurs (RSPP), has proposed that the country’s lower chamber of parliament, the State Duma, discusses how Moscow could...
A Brief History on China’s Bitcoin Ban
8.6.2021
What’s happening right now with Bitcoin in China? It’s important because, as one of the world’s largest superpowers, China has the capability to move markets in particular ways. It’s also home to the majority of Bitcoin mining activity, which is essential for this emerging...
The BTC-Colonial Pipeline FUD Gives A Lesson On Bitcoin Security
8.6.2021
There is an abundance of FUD (fear, uncertainty, doubt) the Cryptoverse is fighting to debunk today - after millions of USD in bitcoin (BTC) was allegedly seized, used as ransom in the US Colonial Pipeline ransomware attack in early May. One of these flames being put out today is that Bitcoin...
Latin American MPs Widen Overton Window For Bitcoin
8.6.2021
Lawmakers across the Latin American region are expressing their support for bitcoin (BTC) adoption – in the wake of the groundbreaking announcement over the weekend from the President of El Salvador that the nation aims to adopt BTC as legal tender.
MPs from Brazil, Argentina, Paraguay, and Panama...
Ethereum, Altcoins Bleed More Than Bitcoin, Liquidations Soar
8.6.2021
Bitcoin price failed to clear the key USD 38,000 resistance zone. BTC started a fresh decline below the USD 36,500 and USD 35,500 support levels. It is currently (04:43 UTC) trading in a bearish zone.
However, as was the case in many previous sharp selloffs, altcoins are once again bleeding more...
South Korea To Ban Exchange Insiders from Trading on Own Platforms
8.6.2021
The top South Korean financial regulator is set to launch a fines system for insider trading, and will move to block exchange staff from using their own platforms to perform crypto trades.
Per Chosun, the regulatory Financial Services Commission (FSC) is “pushing” the government to accept its plan...
Proposed New Law Would Allow Russians to Inherit Bitcoin and Co.
7.6.2021
Senior Russian lawmakers are set to push ahead with the creation of a new law that would allow citizens to inherit bitcoin (BTC) and other cryptoassets, include it in their wills and divorce settlements – and allow creditors to access tokens in successful bankruptcy claims.
Crypto currently has...
Ruffer Cashes Out, Bitfinex & Hodl Hodl, Trump on Bitcoin + More News
7.6.2021
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
UK-based Ruffer Investment Company made more than USD 1.1bn from investing in bitcoin (BTC) in November last year, The Times...
Microstrategy Offers USD 400M Bitcoin Market Test
7.6.2021
MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal - A Bitcoin Channel
One of the most bullish non-crypto companies, US-based software developer MicroStrategy is putting the markets to the test - they're planning to raise more money in order to purchase more bitcoin...
Bitcoin Needs to 'Turn The Ship Around' As Ethereum In Uptrend Already
7.6.2021
Until bulls run again, bitcoin (BTC) can be expected to consolidate or go lower, while ethereum (ETH) remains in a "bullish uptrend," according to analysts at Kraken Intelligence.
Whatever comes next is to follow a market-wide sell-off, the worst correction since March 2020, preceded...
A Stable Bitcoin (BTC) Could Touch $40,000 levels
7.6.2021
Bitcoin currently trades above $36k with a moderate momentum since its high of $36,790.57 in the last 24 hours. BTC currently has a market cap of $680,083,174,620 and a fully diluted market cap of $762,460,122,674. The volume traded in the last 24 hours is $29,759,074,875, down 18.49%, with...
El Salvador, Paraguay Bitcoin Adoption News Galvanizes Crypto World
7.6.2021
Nayib Bukele has updated his Twitter profile picture with this edited photograph. Source: Twitter/@nayibbukele
Crypto’s center of gravity could take a dramatic shift – after a series of developments spearheaded by politicians in Latin America suggested that the region could be ready to open up...
Progressive Care Inc to Accept Bitcoin for Testing Services
7.6.2021
Progressive Care Inc. has announced that it will start accepting Bitcoin as a legitimate payment method for its Covid-19 testing services. Putting out the news, the healthcare technology company said that this facility would be available at PharmcoRx locations. Considering blockchain technology...
Bitcoin Struggles While Ethereum and Altcoins Show Bullish Signs
7.6.2021
Bitcoin price failed to surpass the USD 38,500 resistance level and corrected lower. BTC declined below USD 37,000 and it is currently (04:45 UTC) consolidating above USD 36,000. If there is a downside break below USD 35,500, the price could accelerate lower.
Most major altcoins are showing...
New Crypto Tax Law Will Be Adopted in Autumn Says Russian Policy Chief
4.6.2021
After a brief respite for the nation’s crypto community, regulators have resurfaced – and could serve up a fresh batch of legislative proposals aimed at policing the industry as soon as summer is done.
After a relatively quiet few months, Anatoly Aksakov, the head of the State Duma Committee...
FTX Scores USD 210M Deal In E-Sports, Olympic NFTs + More News
4.6.2021
Sam Bankman-Fried, CEO of FTX. Source: A video screenshot, Youtube/FTX Official
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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Exchanges news
TSM, one the most valuable e-sports company...
S Korean Regulator Holds ‘Significant’ Meeting with 20 Crypto Exchanges
4.6.2021
The South Korean government finally appears to be ready to move to address criticism regarding its “inertia” over the formation of new crypto regulation. And to do so, it appears to have begun communicating directly with exchanges it believes stand a chance of meeting regulatory guidelines in time...
9 Tweets By Elon Musk and 9 Bitcoin Reactions
4.6.2021
Elon Musk. Source: A video screenshot, Youtube, Bloomberg.
Another day in crypto, Tesla's chief Elon Musk made another tweet, and bitcoin (BTC) price dropped. However, in the past few months, in the majority of cases, Musk's tweets didn't move BTC.
As reported earlier today, Musk posted yet another...