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13 New Grayscale Candidates, Goldman Galaxy, Danske Upholds BTC Ban + More News
18.6.2021
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 company Grayscale Investments has expanded their list of assets that they’re considering for inclusion into their...
SEC to Provide Clarity on Token Distribution, Crypto-Based ETPs - Hester Peirce
18.6.2021
Source: A screenshot, Youtube/CNBC Television
Many industry observers expect the US Securities and Exchange Commission (SEC) to tighten its regulatory grip over cryptoassets, but the move could also bring more clarity to the markets, according to Hester Peirce, one of the five...
MPs’ Bid to Amend El Slavador’s BTC Bill Raises Questions About State & Freedom
18.6.2021
The president of El Salvador, Nayib Bukele. Source: A screenshot, Instagram/nayibbukele
An audacious bid from two opposition lawmakers to amend key clauses in El Salvador’s forthcoming bitcoin (BTC) adoption law is accompanied by furious debate among the international crypto community.
Two MPs from...
Bitcoin, Ethereum, and Major Altcoins Extend Losses
18.6.2021
Bitcoin price started a fresh decline from well above USD 39,000. BTC broke the USD 38,500 support and it even declined below USD 38,000. It is currently (04:48 UTC) showing bearish signs, with a major resistance near USD 38,500.
Besides, most major altcoins also look bearish. ETH broke the...
Hawaii had largest increase in demand for crypto out of US states this year
17.6.2021
“Around 6% of the U.S. population now use or own crypto, and the trend is growing,” said the report
Bitcoin Salaries a No-go, Confirms El Salvador as Adoption Worries Rise
17.6.2021
El Salvador’s President Nayib Bukele’s plans to launch a bitcoin (BTC)-powered society could be hampered by internal concerns about the most popular cryptocurrency – with the government apparently bowing to public pressure and ruling out the notion of bitcoin salaries.
As reported yesterday,...
Fewer Brits See Crypto As Gamble, Public Kraken, Bybit Warned + More News
17.6.2021
Source: a screenshot, Instagram/krakenfx
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
In the UK, the level of understanding of cryptocurrencies is declining, suggesting...
Ledger Hack Saga Continues: Scammers 'Gifting' Fake Hardware Wallets
17.6.2021
With scammers reaching for increasingly creative measures to steal cryptoassets, customers of hardware wallet maker Ledger are being sent fake 'replacements' for their devices.
A fake Ledger Nano X was allegedly sent to a Reddit user who disclosed the accompanying letter written by scammers posing...
US National Republican Congressional Committee to Accept Crypto Donations
17.6.2021
The US National Republican Congressional Committee (NRCC) will reportedly start accepting cryptocurrency donations via major crypto payments provider BitPay - as a response to the speaker of the US House of Representatives Nancy Pelosi’s "socialist agenda."
NRCC is the Republican Hill...
Bitcoiners Boo 'Official Bitcoin Ambassadors' to El Salvador
17.6.2021
Brock Pierce: Source: Twitter/@brockpierce
Representatives of the Cryptoverse continue their expeditions to El Salvador on a quest to meet government officials and president Nayib Bukele and share insights on Bitcoin (BTC) and complementary technologies. This time, it was Brock Pierce,...
Crypto Specialist Dan Morehead Urges Everyone to Buy Bitcoin
17.6.2021
The CEO of Pantera Capital, Dan Morehead, is growing more and more enthusiastic about buying Bitcoin and is encouraging crypto investors to invest in the cryptocurrency owing to the favorable downtrend in the market. The price crash that occurred in the Bitcoin market in May 2021 led to...
World Bank Accused Of Ignorance & Hypocrisy As It Refuses to Help El Salvador
17.6.2021
Commentators have accused the World Bank of hypocrisy and ignorance after it stated that it would not assist El Salvador and its President Nayib Bukele’s plan to create a bitcoin (BTC)-powered economy – claiming that bitcoin has displayed “environmental” and “transparency” “shortcomings.”
Per...
Bitcoin Fluctuates Around USD 39K, Ethereum and Altcoins Recover Losses
17.6.2021
Bitcoin price failed to stay above the USD 40,000 pivot level and it extended its drop after the Fed news. BTC broke the USD 38,500 support, but the bulls protected USD 38,000. It is currently (04:58 UTC) trading around USD 39,000.
Besides, most major altcoins are recovering losses. ETH declined...
Spanish Crypto Firms will Have to Run their Campaigns Past Regulator
16.6.2021
A leading Spanish financial markets regulator is set to begin policing crypto firms’ advertising campaigns – in direct response to a recent “aggressive” campaign that saw Madrid billboards plastered in crypto advertisements.
According to Finanzas, the nation’s National Securities Market Commission...
Fed Keeps Rates, Says Inflation 'Largely Reflects Transitory Factors'
16.6.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
The US Federal Reserve (Fed) said it decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached...
British Financial Advisers Don't Like Crypto & Meme Stocks + More News
16.6.2021
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
Over 90% of 200 surveyed independent financial advisers (IFAs) in Britain would never recommend cryptocurrencies...
US Fed Inactivity May Lead Bitcoin to Moon, But a Negative Impact is Possible
16.6.2021
The US Federal Reserve (Fed) is set to wrap up its two-day meeting today, ending with Chairman Jerome Powell holding a press briefing - and with many expecting lack of action to follow, the Cryptoverse insiders see this as potential fuel for the rocket that'll take bitcoin (BTC) and other cryptos...
Kiwis Flock To Crypto, NFTs Despite Risk Appetite Wanes - Survey
16.6.2021
New Zealand’s investors are increasingly considering investing in cryptoassets and non-fungible tokens (NFTs), with 19% of respondents "actively exploring" them as new investment options among other alternatives, according to a recent survey carried out by the Financial Services Council...
El Salvador Gov’t Mulls BTC Pay as Int’l Bitcoin Players ‘Roll into Town’
16.6.2021
President Nayib Bukele met with bitcoiners yesterday. Source: Twitter/@PeterMcCormack
The government of El Salvador is forging away at its President Nayib Bukele’s dream of creating a bitcoin (BTC)-powered economy – with the cabinet “discussing” plans to allow firms to pay employees in BTC...
Bitcoin Prepares for Next Move, Ethereum and Altcoins Correct Lower
16.6.2021
Bitcoin price settled above the USD 39,500 and USD 40,000 levels. However, BTC is facing hurdles near the USD 41,000 and USD 41,200 levels. It is currently (04:32 UTC) consolidating gains and it could correct gains towards the USD 38,500 support.
Besides, most major altcoins are correcting gains....