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Bitcoin Consolidates Gains, Ethereum and Altcoins Aim Higher
15.6.2021
Bitcoin price gained bullish momentum above the USD 38,500 resistance level. BTC even cleared USD 40,000 to move further into a positive zone. It is currently (04:30 UTC) consolidating gains and it might resume its upward move above USD 41,000.
Besides, most major altcoins are slowly moving higher....
MicroStrategy Has No Limits For Bitcoin Purchases, Discusses Sale Scenarios
15.6.2021
MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal - A Bitcoin Channel
One of the most bullish bitcoin (BTC) investors, US-based software company MicroStrategy, said it has no specific target for their BTC holdings as they plan to sell USD 1bn worth of their shares...
Regulator Extends South Korean Crypto Exchanges’ AML Window by 6 Months
15.6.2021
South Korean crypto exchanges have been given a short extension in their race to get anti-money laundering (AML) protocols in place – although the nation’s top regulator has promised to place the industry under “intense scrutiny” in the months ahead.
The nation’s first piece of crypto-specific...
Following massive BTC purchase announcement, MicroStrategy says it may sell up to $1B in stock
15.6.2021
The firm said it intended to use the proceeds from the offering “for general corporate purposes, including the acquisition of Bitcoin.”
MicroStrategy Gets Another USD 500M To Spend on Bitcoin + More News
14.6.2021
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
MicroStrategy confirmed that it has raised USD 500m in order to buy more bitcoin (BTC). They would spend USD 488m of this...
MicroStrategy could hold more than $4B in Bitcoin after latest private offering and crypto purchase
14.6.2021
With the price of Bitcoin moving above $40,000 for the first time in weeks, the company could soon hold more than 100,000 BTC
Bitcoin Breaks USD 41,000 While Paul Tudor Jones Doubles Down On It
14.6.2021
Paul Tudor Jones. Source: a video screenshot, Youtube, Goldman Sachs
After three weeks of being stuck below the USD 40,000 level, bitcoin (BTC) finally broke it and went even higher. Meanwhile, famous hedge fund manager Paul Tudor Jones says he certainly wants 5% of his portfolio in BTC.
BTC...
Bitcoin Rallies Again – Will It Cross $40000?
14.6.2021
The rise in interest and acceptance of El Salvador as their official currency was pushing BTC above the support levels, but the new possibility of being used as a currency for buying Tesla’s has created a huge impact on BTC. With some more positive news, Bitcoin price can move ahead to test...
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...
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...
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...
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...
Russia’s Foreign Minister: Crypto Will Inevitably Play Role in Int’l Trade
12.6.2021
The Russian Foreign Minister Sergei Lavrov has underlined Moscow’s intention to do away with the USD – and has suggested that crypto could play a part in ousting the greenback in trade deals.
Lavrov’s comments could give real hope to those hoping crypto will find use-cases in international...
JPMorgan on El Salvador's Bitcoin Move, Miners Win In New York + More News
11.6.2021
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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Adoption news
The question remains whether the designation of bitcoin (BTC) as legal tender by El Salvador has mechanical implications for...
Bitcoin Taproot Activation Set to Lock In This Weekend
11.6.2021
Bitcoin (BTC)’s major Taproot upgrade might lock in in less than 24 hours as more than the required minimum of miners are signaling support for the soft fork, indicates taproot.watch.
According to the website, at 14:24 UTC, the current signalling ratio is 98.38%. A minimum of 90% of all miners...
This Is When MicroStrategy Might Sell Bitcoin According to Arthur Hayes
11.6.2021
Former CEO of major crypto derivatives exchange BitMEX, Arthur Hayes, discussed the only time the US-based software developer MicroStrategy (MSTR) could be forced to sell their bitcoin (BTC), now worth billions of USD.
In his recent blog piece, Hayes noted how MicroStrategy CEO Michael Saylor...
Stakes Get Higher As El Salvador Offered Volcanic BTC Leverage In Talks With IMF
11.6.2021
There's another unusual idea developing in the Cryptoverse which may bring another seismic shift (pun intended) - and it involves geothermal energy, Bitcoin (BTC) mining, paying of the debt to the International Monetary Fund (IMF), and raising an additional USD 1bn in some innovative ways....
COVID ‘Hotspot’ Claims after Some Miami Bitcoin Conference Attendees Fall Ill
11.6.2021
Source: iStock/da-kuk
The recent Miami Bitcoin 2021 conference has been making the headlines for all the wrong reasons – after a number of attendees tested positive for COVID-19, with some reporting they had been hospitalized with symptoms.
Among those taken ill after the event last weekend were...
Korean Exchanges Running out of Options as More Banks Say No to Crypto
11.6.2021
The heat is on for South Korean exchanges, who have suffered a blow in their quest to gain banking contracts that will ultimately determine if they can keep operating after a slew of government regulations to police trading platforms comes into force on September 25.
After the country’s first piece...
Bitcoin and Ethereum Trim Gains, AMP Rallies
11.6.2021
Bitcoin price spiked above the USD 38,000 level, but it failed to surpass the USD 38,500 resistance. BTC started a downside correction and traded below USD 37,000. It is currently (04:39 UTC) showing a few bearish signs, but the bulls might remain active near USD 36,000.
Besides, most major...